Norway
Market Study 2025
The main objective of this study is to provide an in-depth analysis of the packaging sector in Norway, with a particular focus on its economic, regulatory, technological, and consumer dynamics, in order to support Portuguese companies in the strategic and operational assessment of the Norwegian market.
Brief Market Overview
Market
size
and growth prospects
The evolution of Norwegian GDP growth between 2020 and 2025 reveals a trajectory marked by fluctuations. In 2020, an economic contraction of -1.3% in real GDP is observed, reflecting the impact of the COVID-19 pandemic.
In the following year, 2021, a strong recovery is recorded, with growth of 3.9%, the highest value of the period, followed by still robust growth in 2022, at 3.2%. In 2023, the pace of the economy slowed drastically, with a residual rate of only 0.1%, indicating near stagnation, likely as a result of contractionary policies adopted with the aim of reducing the inflation rate.
In the following years, 2024 and 2025, growth stabilizes at 2.1%, suggesting a moderate and sustained economic recovery. In 2025, the nominal GDP of the Norwegian economy reached $504,280 million (€435,800 million).
Value of the global sustainable packaging market in 2024
CAGR (2024-2032)
Forecast value of the global sustainable packaging market in 2032
Value of the corrugated cardboard market in 2023, driven by growing demand for recyclable materials.
Key players include:
Skanem
Packaging producer focused on design, technical support, and assistance
MASKINPAKKING
Company offering complete packaging production services for consumption and distribution
Elopak
Supplier of filling equipment and packaging made from sustainable cardboard
Potential clients include:
C Food Norway
Transformation of fishing industry by-products into nutritious foods
Lilleborg AS
One of Norway’s largest companies in the personal care sector
Vistin Pharma AS
Norwegian pharmaceutical company
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