Sweden Packing Boxes Market Outlook

The demand for sweden packing boxes is projected to rise steadily over the next decade as the swedish economy grows in size and becomes more internationally trade-orientated. the swedish market had been relatively insulated from the global slowdown of 2008/09 but in the last years, the growth in imports & exports has spurred demand for packing boxes. in 2018 the demand for packing boxes in sweden was estimated to be 28,850 metric tons and is expected to increase at a cagr of 3.2% between 2018 and 2022 and reach 33,161 metric tons by 2022. this growth is primarily being driven by the increasing export-oriented nature of the swedish economy. companies in sweden are increasingly focusing on upgrading and expanding the types of goods export to other countries. to do this, they typically require a number of different packing boxes. in addition, the growing trend across the country to online shopping is driving packaging demand as delivery companies require custom boxes. in addition, sweden has long taken the lead in environmental sustainability in europe. the country is committed to reducing packaging waste by encouraging the reuse of cartons and boxes. this has resulted in a demand for specialty, eco-friendly boxes manufactured out of recycled material which meets minimum environmental standards. over the next fifteen years, demand for packing boxes is projected to increase at a cagr of 4.2% with an estimated demand of 52,906 metric tons by 2032. this increased demand is being driven both by the domestic economy becoming increasingly export-orientated and foreign companies increasingly choosing swedish companies for their outsourced operations. the demand for eco-friendly boxes is also set to remain strong as the swedish government continues to push for reduced packaging waste. the cost of eco-friendly packaging boxes is decreasing but the utilization of these materials is still highly desirable in the country due to its long-term sustainability and environmental benefits. consequently, it is expected that eco-friendly packaging solutions will continue to account for a substantial share of supply in the sweden packing boxes market.