The forecast for the sold production volumes of paper and paperboard coated, impregnated, or covered with plastics in the UK indicates a declining trend from 2024 to 2028. Starting at 45.789 million kilograms in 2024 and decreasing to 26.116 million kilograms by 2028, this represents a significant year-on-year reduction. The compound annual growth rate (CAGR) over this period is negative, showcasing a consistent downward trajectory from the levels seen in 2023, which was 50.2 million kilograms.
Future trends to watch for include:
- Shifts in consumer preferences towards sustainable and eco-friendly products, potentially reducing demand for plastic-laminated paper products.
- Regulatory changes aimed at reducing plastic use, which may further accelerate declines in production volumes.
- Technological advancements promoting alternative materials or processes that could either curb or replace current production needs.