The paper and paperboard industry in France has experienced fluctuating turnover since 2013. From a peak of 6.03 billion euros in 2015, the sector saw a significant decline, especially pronounced in 2020 with a drop to 3.1 billion euros. Despite a recovery trend in subsequent years with a 4.75% increase in 2023, the overall market demonstrates a CAGR of -2.24% from 2019 to 2023.
Looking forward, the forecast indicates a continued downward trajectory, with a forecasted CAGR of -2.05% from 2024 to 2028, culminating in an estimated turnover of 4.35 billion euros by 2028, reflecting a 9.82% decrease over five years. Factors such as digitalization, sustainability trends, and shifts in consumer behavior will be critical to monitor for future market dynamics.
