The production value of paper and paperboard articles in Denmark has shown some fluctuations over the past decade. In 2023, the value stood at 1.26 Billion Euros. Notably, the year-on-year variation was 0.93%, reflecting moderate growth from 2022. The 5-year CAGR leading up to 2023 stood at 0.32%, indicating a relatively stable but slow growth trend. The projected values indicate a steady increase, with a forecasted value of 1.32 Billion Euros by 2028, resulting in a 5-year forecast CAGR of 0.69%. This points towards a modest annual growth rate and a cumulative growth of 3.51% over the next five years.
Future trends to watch for:
• Innovation in sustainable packaging solutions is likely to drive future demand.
• Potential regulatory changes towards environmentally-friendly products.
• Economic factors influencing consumer consumption patterns.
• Technological advancements enhancing production efficiency.