Europe's Photographic Paper, Paperboard, and Textiles Market Expected to Reach 133M Square Meters in Volume and $3.7B in Value by 2035 - News and Statistics - IndexBox

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IndexBox has just published a new report: Europe - Photographic Paper, Paperboard And Textiles - Market Analysis, Forecast, Size, Trends And Insights.

The European market for photographic paper, paperboard, and textiles is set to experience growth in consumption over the next decade, with an estimated CAGR of +0.5% in volume and +3.2% in value from 2024 to 2035. This growth is expected to bring the market volume to 133M square meters and the market value to $3.7B by the end of 2035.

Driven by increasing demand for photographic paper, paperboard and textiles in Europe, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.5% for the period from 2024 to 2035, which is projected to bring the market volume to 133M square meters by the end of 2035.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.2% for the period from 2024 to 2035, which is projected to bring the market value to $3.7B (in nominal wholesale prices) by the end of 2035.

In 2024, consumption of photographic paper, paperboard and textiles in Europe rose sharply to 126M square meters, with an increase of 13% compared with the previous year's figure. The total consumption indicated a strong increase from 2013 to 2024: its volume increased at an average annual rate of +8.3% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -0.6% against 2020 indices. Over the period under review, consumption hit record highs at 127M square meters in 2020; however, from 2021 to 2024, consumption stood at a somewhat lower figure.

The revenue of the photographic paper market in Europe rose rapidly to $2.6B in 2024, picking up by 6.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted a prominent expansion. Over the period under review, the market attained the peak level in 2024 and is likely to see steady growth in the near future.

The countries with the highest volumes of consumption in 2024 were the Netherlands (54M square meters), the UK (44M square meters) and Spain (10M square meters), together comprising 85% of total consumption.

From 2013 to 2024, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by the Netherlands (with a CAGR of +14.7%), while consumption for the other leaders experienced more modest paces of growth.

In value terms, the UK ($1.3B), the Netherlands ($1.1B) and Spain ($50M) appeared to be the countries with the highest levels of market value in 2024, with a combined 94% share of the total market.

The UK, with a CAGR of +23.6%, recorded the highest rates of growth with regard to market size in terms of the main consuming countries over the period under review, while market for the other leaders experienced more modest paces of growth.

In 2024, the highest levels of photographic paper per capita consumption was registered in the Netherlands (3,044 square meters per 1000 persons), followed by the UK (643 square meters per 1000 persons), Spain (218 square meters per 1000 persons) and Poland (152 square meters per 1000 persons), while the world average per capita consumption of photographic paper was estimated at 170 square meters per 1000 persons.

From 2013 to 2024, the average annual rate of growth in terms of the photographic paper per capita consumption in the Netherlands amounted to +14.2%. In the other countries, the average annual rates were as follows: the UK (+13.6% per year) and Spain (+14.1% per year).

In 2024, the amount of photographic paper, paperboard and textiles produced in Europe stood at 107M square meters, remaining relatively unchanged against 2023 figures. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 6.4%. The volume of production peaked at 108M square meters in 2022; however, from 2023 to 2024, production remained at a lower figure.

In value terms, photographic paper production stood at $2.9B in 2024 estimated in export price. Over the period under review, production recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 30% against the previous year. Over the period under review, production hit record highs in 2024 and is expected to retain growth in the immediate term.

The countries with the highest volumes of production in 2024 were the Netherlands (56M square meters), the UK (43M square meters) and Spain (2.9M square meters), together comprising 96% of total production.

From 2013 to 2024, the biggest increases were recorded for the UK (with a CAGR of +0.5%), while production for the other leaders experienced mixed trends in the production figures.

In 2024, the amount of photographic paper, paperboard and textiles imported in Europe surged to 28M square meters, increasing by 95% on the previous year's figure. In general, imports, however, saw a noticeable shrinkage. The volume of import peaked at 49M square meters in 2015; however, from 2016 to 2024, imports remained at a lower figure.

In value terms, photographic paper imports shrank rapidly to $142M in 2024. Overall, imports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2015 with an increase of 7.6%. Over the period under review, imports hit record highs at $361M in 2013; however, from 2014 to 2024, imports remained at a lower figure.

The countries with the highest levels of photographic paper imports in 2024 were Spain (8.9M square meters), Poland (6.3M square meters) and France (4.5M square meters), together finishing at 71% of total import. Germany (1,090K square meters), Greece (964K square meters), Portugal (843K square meters), the UK (732K square meters), Russia (718K square meters) and Austria (456K square meters) followed a long way behind the leaders.

From 2013 to 2024, the biggest increases were recorded for Poland (with a CAGR of +13.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($32M) constitutes the largest market for imported photographic paper, paperboard and textiles in Europe, comprising 23% of total imports. The second position in the ranking was taken by Poland ($10M), with a 7.3% share of total imports. It was followed by Spain, with a 6.5% share.

In Germany, photographic paper imports shrank by an average annual rate of -7.7% over the period from 2013-2024. In the other countries, the average annual rates were as follows: Poland (-0.2% per year) and Spain (-6.5% per year).

The import price in Europe stood at $5.1 per square meter in 2024, shrinking by -60.2% against the previous year. Over the period under review, the import price recorded a noticeable downturn. The pace of growth was the most pronounced in 2021 an increase of 135%. As a result, import price reached the peak level of $17 per square meter. From 2022 to 2024, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2024, amid the top importers, the country with the highest price was Germany ($29 per square meter), while Spain ($1 per square meter) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Germany (+13.1%), while the other leaders experienced more modest paces of growth.

Photographic paper exports reduced to 8.5M square meters in 2024, with a decrease of -8.4% against the year before. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2023 with an increase of 43% against the previous year. Over the period under review, the exports hit record highs at 93M square meters in 2013; however, from 2014 to 2024, the exports stood at a somewhat lower figure.

In value terms, photographic paper exports contracted dramatically to $260M in 2024. Over the period under review, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2022 when exports increased by 30%. The level of export peaked at $696M in 2013; however, from 2014 to 2024, the exports remained at a lower figure.

In 2024, the Netherlands (2.8M square meters), distantly followed by Spain (1,555K square meters), Germany (1,002K square meters), the Czech Republic (616K square meters), Poland (553K square meters) and Belgium (458K square meters) represented the key exporters of photographic paper, paperboard and textiles, together committing 82% of total exports. Italy (319K square meters) took a relatively small share of total exports.

From 2013 to 2024, the biggest increases were recorded for Spain (with a CAGR of +16.4%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the Netherlands ($180M) remains the largest photographic paper supplier in Europe, comprising 69% of total exports. The second position in the ranking was held by Belgium ($25M), with a 9.7% share of total exports. It was followed by Germany, with a 5.6% share.

In the Netherlands, photographic paper exports contracted by an average annual rate of -5.5% over the period from 2013-2024. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (-2.2% per year) and Germany (-6.0% per year).

The export price in Europe stood at $31 per square meter in 2024, shrinking by -13.2% against the previous year. Overall, the export price, however, showed a strong increase. The most prominent rate of growth was recorded in 2022 when the export price increased by 116%. As a result, the export price attained the peak level of $50 per square meter. From 2023 to 2024, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2024, amid the top suppliers, the country with the highest price was the Netherlands ($65 per square meter), while Spain ($1.6 per square meter) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the photographic paper market in Europe. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

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