The number of pulp, paper, and paperboard enterprises in the UK is projected to decline from 217 in 2024 to 207 by 2028. This indicates a steady downward trend over the forecast period with an average annual decrease, or CAGR, of approximately 1.2% from 2024 to 2028. In 2023, the number of enterprises stood at 220. Notably, year-on-year variations show a relatively consistent decrease, which reflects underlying challenges in the industry.
Future trends to watch for may include:
- The impact of environmental regulations on production processes.
- Potential advances in recycling technologies that could alter market dynamics.
- The influence of digital media and alternative materials reducing demand for traditional paper products.
