The turnover in the packaging paper sector in Finland has shown fluctuations over the years, peaking in 2013 with a value of 401.8 million euros and experiencing a significant decline in subsequent years until 2017. Since 2018, there has been a slight recovery with minor yearly variations. Notably, the year-on-year variation from 2022 to 2023 was a modest decline of 0.24%. As of 2023, the sector stood at 333.7 million euros. The compound annual growth rate (CAGR) over the last five years showed an average yearly decline of approximately 0.08%.
Looking into the future, trends to watch for include:
- Technological advancements in packaging materials.
- Environmental regulations pushing for sustainable and recyclable paper packaging.
- Shifts in global demand due to evolving consumer preferences.
- Potential impacts of economic shifts and international trade policies.