The plastics products production value in Sweden increased from 3.52 billion euros in 2013 to 4.36 billion euros in 2023, indicating steady growth. The yearly growth rates and CAGR values highlight consistent improvements except for minor setbacks in 2019 and 2020. The production value in 2023 stands at 4.36 billion euros, with a year-on-year variation of 2.05%.
The forecast data from 2024 to 2028 predicts continued growth, reaching 4.79 billion euros by 2028, with an average annual growth rate (CAGR) of 1.48% and a forecasted five-year growth rate of 7.6%.
Future trends to watch for include the increasing demand for sustainable and biodegradable plastics, advancements in recycling technology, and regulatory changes aimed at reducing plastic waste. Monitoring these developments is crucial for understanding potential market shifts and opportunities.
