The packaging paper sector in Finland stood at 308.6 million Euros in 2023. Trends from 2013 to 2023 indicate a general decline, with significant drops in the early years, followed by periods of stability and slight growth, but still an overall downward trend. In 2022, production decreased by 1.33%, and in 2023, it fell by 1.31%. The 5-year CAGR leading up to 2023 was -0.46%. Forecast data suggests a continued decline, with the sector expected to reach 288.2 million Euros by 2028, reflecting a 5-year CAGR of -1.09% and an aggregate forecasted decrease of 5.32% from 2023.
Future trends to watch for include potential impacts of digital transformation on production efficiency, shifts towards sustainable materials driving up costs, and global economic factors influencing demand. Additionally, the adoption of innovative packaging solutions and changes in consumer behavior towards sustainability could play pivotal roles in shaping the sector's trajectory.