Germany leads the European packaging paper market with a turnover of €24.54 million as of 2023, showing a modest growth rate of 0.6%. Italy follows with €12.65 million, witnessing an annual increase of 1.29%, while the United Kingdom and France demonstrate close turnover values of €11.2 million and €11.19 million, respectively. Among these, the United Kingdom shows significant growth at 2.5%, with France not far behind at 1.21%. Spain and Poland also contribute substantially at €8.87 million and €7.5 million, with Poland having a higher year-on-year growth rate of 4.1% compared to Spain's 1.59%.
The Netherlands, Austria, and Belgium exhibit moderate turnovers, and among these, Austria has the highest growth at 3.19%. On the other hand, Sweden shows a negative growth rate of -3.99% despite being a key player. The smaller markets such as Ireland, Finland, and the Baltic states exhibit varied growth rates, with Lithuania standing out at 6.43% growth, although from a smaller base.
Future trends indicate a continuing dominance of Germany in the market, with the possibility of accelerating growth in Italy, the United Kingdom, and Poland. Emerging markets like Lithuania, Romania, and Serbia show promising growth potentials based on recent trends. Increased investment in sustainable packaging solutions and technological advancements are potential growth accelerators for the sector.
Top countries in Packaging Paper Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.54 | 2023 | +1.87% | +0.6% | View data |
| 2 | 2 Italy | 12.65 | 2023 | +2.14% | +1.29% | View data |
| 3 | 3 United Kingdom | 11.2 | 2023 | +2.13% | +2.5% | View data |
| 4 | 4 France | 11.19 | 2023 | +1.37% | +1.21% | View data |
| 5 | 5 Spain | 8.87 | 2023 | +1.79% | +1.59% | View data |
| 6 | 6 Poland | 7.5 | 2023 | +4.08% | +4.1% | View data |
| 7 | 7 Netherlands | 3.78 | 2023 | +1.29% | +1.39% | View data |
| 8 | 8 Austria | 3.29 | 2023 | +2.13% | +3.19% | View data |
| 9 | 9 Belgium | 2.07 | 2023 | +0.088% | +2.8% | View data |
| 10 | 10 Sweden | 1.9 | 2023 | -1.69% | -3.99% | View data |