The paper and paperboard articles production value in the UK is forecasted to increase from €12.17 billion in 2024 to €12.82 billion in 2028. In 2023, the production value was €12.03 billion. Year-on-year, the growth percentage displays a steady increase from 1.4% to 1.2%. The Compound Annual Growth Rate (CAGR) over these five years is approximately 1.3%.
Future trends to watch for include:
- The shift towards sustainable packaging solutions driven by environmental regulations.
- Increasing demand for recycled paperboard materials.
- Technological advancements in production efficiencies could influence value growth.
- The potential market effects of trade policies and raw material supply chain constraints.