The paper and paperboard production value in France exhibited notable fluctuations from 2013 to 2023. After a peak in 2015, the industry experienced a significant decline, most notably in 2019 and 2020, with year-on-year reductions of 17% and 30%, respectively. A recovery phase commenced in 2021, with a 33% increase, continuing a positive trend into 2023 with a 4% year-on-year improvement. The compound annual growth rate (CAGR) over the last five years was -3%, indicating an overall downturn even with recent gains.
Looking ahead, the forecasted data suggests a persistent decline with a projected CAGR of -2.12% from 2024 to 2028. This translates to an overall decrease of approximately 10% over the five-year forecast period.
Future trends to watch for:
- Technological advancements and innovations in sustainable paper production.
- Changes in regulatory policies impacting production practices and costs.
- Shifts in consumer demand towards digital media and away from traditional paper products.
- Economic factors and their influence on manufacturing and export activities.
