The plastic packaging goods turnover in France has shown a general upward trend from 2013 to 2023, growing from €7.15 billion to €10.04 billion. The series reached €10.04 billion in 2023. There have been notable fluctuations, such as a significant increase of 16.62% in 2017. Over the last two years, the growth has been moderate, with year-on-year variations of 2.15% in 2022 and 2.09% in 2023. The five-year CAGR leading up to 2023 stands at 1.91%, indicating steady growth.
Looking forward, the forecast from 2024 to 2028 suggests a continued upward trajectory, with an estimated turnover reaching €11.03 billion by 2028. During this forecasted period, the market is expected to grow at a CAGR of 1.5%, resulting in a total five-year growth rate of 7.74%.
Future trends to watch for in the plastic packaging goods market in France include:
- Increasing emphasis on sustainability and eco-friendly materials.
- Technological advancements in packaging solutions.
- Changing consumer preferences towards recyclable and biodegradable packaging.
- Impact of regulatory changes on plastic usage and recycling mandates.
