The import of multi-ply paper and paperboard coated to the UK is forecasted to see steady growth from a projected 233.67 million kilograms in 2024 to 243.19 million kilograms by 2028. This represents a consistent year-on-year increase of around 1% overall. Compared to the data from 2023, which stood at the same forecasted value for 2024, this indicates no significant immediate shift in import volumes. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 shows a modest average growth, reflecting stability in the market.
Future trends to watch for include:
- Sustainability initiatives influencing packaging demands.
- Technological advancements in paperboard production.
- Changing consumer preferences towards digital media.