In 2023, the turnover for Paper and Paperboard Articles in Switzerland stood at 1.82 billion Euros. Forecasted data from 2024 to 2028 shows a gradual decline in turnover, starting from 1.8 billion Euros in 2024 and decreasing to 1.71 billion Euros by 2028. The year-on-year variations are observed as follows:
- 2024: -1.1% (compared to 2023)
- 2025: -1.1%
- 2026: -1.1%
- 2027: -1.7%
- 2028: -1.2%
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately -1.23%, indicating a consistent decline in the market.
Future trends to watch for include the impact of digitalization pushing this market segment towards further decline and the growing emphasis on environmental sustainability which could both negatively impact paper and paperboard products and simultaneously create opportunities for innovative, eco-friendly alternatives.
