In the Pulp, Paper, and Paperboard sector in France, production value peaked in 2013 at 6.25 billion euros and has seen a general declining trend up to 2028. As of 2023, the production value stands at 5.23 billion euros. The sector experienced sharp declines in 2019 and 2020, by 21.94% and 17.44% respectively. However, the industry saw a rebound in 2021 with a 26.23% increase. Nevertheless, long-term analysis indicates a negative five-year CAGR of -3.14% from 2018 to 2023. The forecast for the period up to 2028 reveals a continued downward trend with a -1.86% five-year CAGR, resulting in an estimated production value of 4.65 billion euros by 2028.
Future trends to watch for:
- Increased digitalization which might further decrease the demand for traditional paper products.
- Innovations in sustainable and recycled materials that could impact production dynamics.
- Potential regulatory changes aimed at reducing environmental impact will necessitate adaptation within the industry.
- Economic disruptions and shifts in e-commerce, affecting packaging materials demand.
