In 2023, the expansible polystyrene market size volume in Finland stood at 7.406 million kilograms. The market has exhibited a steady decline from 11.793 million kilograms in 2013, reflecting a continuous negative YoY variation. For 2022 and 2023, the YoY variations were -4.79% and -4.98% respectively. In the five years leading up to 2023, the market experienced an average yearly decrease of approximately -3.23%.
Forecasts suggest this declining trend will persist, with a projected market volume of 5.5241 million kilograms by 2028, marking a further forecasted five-year CAGR of -4.69% and an overall drop of -21.33% by the end of the forecast period.
Future trends to watch for include potential shifts due to environmental regulations, innovations in recycling technologies, and changes in consumer preferences towards more sustainable materials, which could all impact the market dynamics significantly.
