The production value of paper and paperboard machinery in Sweden increased by 2.6% year-on-year to reach 1050 million euros in 2023. This marks a steady growth trajectory, with a compound annual growth rate (CAGR) of 4.77% over the last five years from 2018 to 2023.

From a 2013 base of 832.3 million euros, the sector has shown fluctuations: significant growth in 2017 (up 20.39%) was balanced by corrections in subsequent years. Stability returned post-2020, with consistent annual increases.

Future trends to watch for include:

The forecast for 2024 to 2028 indicates a slower, albeit positive, growth rate, with a 5-year CAGR of 1.84%.
Innovations in sustainable manufacturing and recycling technologies could drive future growth.
Potential market shifts due to evolving demand in packaging and regulatory changes in environmental standards.