Turkey Paper & Paperboard Packaging Market Outlook

The paper and paperboard packaging industry in turkey has seen steady growth over the last few years. as the turkish economy continues to modernize and grow, there is an increased demand for paper and paperboard packaging products across many industries. this presents a great opportunity for businesses in the paper and paperboard packaging industry to capitalize on the potential of the market in turkey. the demand for paper and paperboard packaging products in turkey is expected to remain strong over the forecast period of 2018-2032. turkish households are increasingly doing away with less environmental-friendly plastic packaging solutions and are relying on paper and paperboard packaging materials instead. this has been driven mainly by governmental campaigns to raise awareness about the effects of plastic on the environment. according to the turkish ministry of agriculture, the per capita consumption of paper and paperboard packaging materials should rise from 26.9 kg in 2017 to 33.6 kg in 2022, resulting in a compound annual growth rate of 4.4% from 2017 to 2022. in addition, the rise of industrial production in turkey is further driving the demand for paper and paperboard packaging materials. multi-national companies present in turkey are increasingly looking to minimize their costs by implementing optimized and efficient packaging solutions for their products. this, in turn, is benefiting the paper and paperboard packaging industry in the country. furthermore, the emergence of online retail has been a major driving force for the growth of the paper and paperboard packaging industry in turkey. online retail, which is digitizing the retail sector in the country, is eating into the traditional retail market. as more people purchase products online, the demand for safe and secure packaging solutions is expected to remain strong over the forecast period as the need to protect products during delivery has become even more critical. overall, the paper and paperboard packaging market in turkey is set to continue growing steadily over the forecast period of 2018-2032. with a rising population, increasing demand for paper and paperboard packaging solutions from both consumer markets, retail and industrial production, the paper and paperboard packaging industry in turkey is expected to remain buoyant.