The packaging paper production value in Italy has demonstrated a steady upward trend from 2013 to 2023, increasing from 6.21 billion euros to 8.55 billion euros. Despite a minor decline in 2020, the sector recovered and continued to grow. Over the last two years (2022-2023), the production value saw year-on-year variations of 2.28% and 2.20%, respectively.
The compound annual growth rate (CAGR) over the past five years (2018-2023) was 1.67%. Forecasts predict continued growth at an average annual rate of 1.58% from 2024 to 2028, reaching 9.45 billion euros by 2028, signaling sustained expansion in the industry.
Future trends to watch for include the adoption of sustainable packaging solutions, advancements in recycling technologies, and changes in consumer preferences favoring eco-friendly packaging. Regulatory developments and shifts in demand for e-commerce packaging are also critical factors to monitor.
