The plastic packaging goods production value in Denmark exhibited varied growth from 2013 to 2023, standing at 528.7 million Euros in 2023. Year-on-year variations show considerable fluctuations, with significant growth in 2015 (8.96%) and a decline in 2017 (-4.19%). The recent trend points to a stable yet modest increase, demonstrated by a 0.97% rise in 2023. The 5-year CAGR turned positive in recent years, with a 1.63% increase leading up to 2023.
Forecasts indicate a steady ascent through 2028, with a projected 5-year CAGR of 0.75% and an overall growth rate of 3.8%. The production value is anticipated to reach 554.2 million Euros by 2028.
Future trends to watch include:
- Technological advancements in packaging materials and processes.
- Increasing demand for sustainable and recyclable packaging options.
- Regulatory changes impacting production standards and materials used.
