The production volumes of paper and paper products in France have shown varied trends over the period from 2013 to 2023. The sector experienced fluctuations with initial moderate declines, minor growth phases, and significant drops, especially in 2020. By 2023, the value stood at 15.37 Billion Euros. The last two years saw a slight decline with year-on-year variations of -0.75% and -0.74%, while the five-year CAGR indicates an average decrease of -0.93% per year.
Looking ahead, the forecast from 2024 to 2028 predicts a continuing decline in production volumes with a forecasted five-year CAGR of -0.63% and an overall growth rate decline of -3.11%. This indicates a persistent downward trend in the sector.
Future trends to watch for include:
- The impact of digitalization reducing demand for paper products.
- Environmental regulations pushing for reduced paper consumption and increased recycling.
- Innovations in sustainable materials that might influence traditional paper product markets.
