Sweden Packaging Market Outlook

The swedish packaging market is expected to experience a steady growth in the coming years with an estimated cagr of 3.5%, from 2018-2032. this growth projection is based upon rising consumer demand and a steady rise in purchasing power in the country. additionally, the implementation of various regulatory mechanisms such as packaging waste reduction policies are expected to boost the market performance in the near future. in terms of regional demand, the majority of the swedish packaging market’s demand is created by the metropol stockholm region. this area comprises over half of the country’s population and consequently, it drives the highest demand of packaging products in the country. other key regional markets include southern and central sweden, which account for an estimated 23.5% and 21.5% respectively of total market demand. around four tenths of the swedish packaging market demand is kickstarted by food and beverage industries. this is followed by pharmaceuticals, home and personal care and other commodities such as pharmaceuticals and industrial goods which are estimated to make up the remaining demand in the swedish market. moreover, the demand for rigid plastic packaging is exceeding the demand for other packaging materials, and is expected to further increase resulting in higher demand for flexible packaging and paperboard materials. based on the current performance of the market, the swedish packaging industry is estimated to develop rapidly in the near future. this growth is largely attributed to the steady demand of pharmaceuticals and food and beverage products, which are expected to continue throughout the period of 2018-2032. moreover, environmental legislation is expected to increasingly drive market performance as companies become more responsible with their use of packaging materials. in conclusion, the swedish packaging market is estimated to experience a healthy growth in the period of 2018-2032, driven by consumer demand and rising purchasing power in the country. environmental regulations and laws are also set to play a key role in this market, as companies become more aware of their effect on the environment. therefore, the swedish packaging industry is set to remain an attractive investment opportunity for players in the near future.