The sold production of corrugated paper and paperboard in Denmark has experienced fluctuating growth rates over the last decade. Between 2013 and 2018, there was a general upward trend with some minor variances, highlighted by notable increases in 2016 (5.11%) and modest growth in intervening years. However, this upward trend reversed sharply in 2019, marked by a significant drop of 20.87%, followed by a slight decline in 2020. Despite a substantial rebound in 2021 with a 108.55% increase, the market saw another steep decline in 2022. This was followed by a marginal decrease of 0.14% in 2023, which stood at 555.52 Million Euros.
Looking ahead, the forecasted data from 2024 to 2028 suggests a relatively stable but slightly declining trend with a 5-year CAGR of -0.11%, indicating minimal changes in sold production. The expected figures show a gradual decrease, consistently falling by small fractions each year.
Future trends to watch for include:
- Improvements in sustainable packaging solutions may impact production volumes and growth rates.
- Technological advancements in the industry that could drive efficiencies and cost reductions.
- Economic factors, including inflation and raw material availability, which could influence production costs and market demand.
