Analysis of the production value of packaging services in France from 2013 to 2023 reveals a significant fluctuation with an overall downward trend. The value peaked in 2013 at 2.78 billion euros and experienced notable declines through 2023, where it stood at 1.23 billion euros. In recent years, there was a slight recovery in 2020 and 2021, but subsequent decreases in 2022 and 2023, with year-on-year declines of -3.68% and -3.79%, respectively. The average annual decline over the last five years stands at -0.65%.
Forecasted data from 2024 onwards project a steady decline, with expected values shrinking each year, leading to an anticipated production value of 0.99 billion euros by 2028. The forecasted five-year CAGR suggests an average annual decrease of -3.38%, accounting for a total decline of -15.79% by 2028. This continued decline indicates potential structural challenges within the packaging services sector in France.
Future trends to watch for include:
- Technological advancements and automation in packaging services.
- Shifts towards sustainable and eco-friendly packaging solutions.
- Changes in consumer behavior and demand driven by e-commerce growth.
- Economic recovery initiatives post-pandemic and their impact on the packaging industry.
