Sweden Containerboard Market by Material (Virgin Fibres, Recycled Fibres, and Mixed Fibres), by Type (Linerboard and Flutting), by Wall Type (Single Face, Single Wall, Double Wall, and Triple Wall), and by End-User (Food and Beverage, Consumer Electronics, Personal Care and Cosmetics, and Others End-User) – Opportunity Analysis and Industry Forecast, 2024–2030
Industry: Materials and Chemical | Publish Date: 02-Nov-2024 | No of Pages: 112 | No. of Tables: 79 | No. of Figures: 44 | Format: PDF | Report Code : MC2682
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Sweden Containerboard Market Overview
Sweden Containerboard Market size was valued at USD 1.40 billion in 2023 and is predicted to reach USD 1.75 billion by 2030, with a CAGR of 2.85% from 2024 to 2030. In terms of volume the market size was 988 kilotons in 2023 and is projected to reach 1436 kilotons in 2030, with a CAGR of 4.75% from 2024 to 2030.
The containerboard market refers to the segment of the paper industry that produces a type of paperboard specifically designed for the manufacturing of corrugated boxes and packaging materials This encompasses the production, distribution, and consumption of containerboard products by various industries for packaging purposes.
These containerboards are durable and strong paperboard which is primarily recycled from old corrugated containers (OCC) and mixed paper, as well as virgin fibres obtained from wood pulp. These boards offer numerous advantages, including their strength and durability, which ensures reliable protection for products during transit and storage, significantly reducing the risk of damage.
Moreover, these containerboards offer a lightweight feature which minimizes shipping costs and environmental impact. Its versatility allows for customization to meet diverse packaging needs, from small boxes to large containers.
The Increasing Trade Activities Within the Country is Driving the Demand for Containerboards
The Sweden containerboard market growth is thriving, primarily due to the expansion of international trade activities in the country. With the growth of trading activities, there is an increasing demand for robust and dependable packaging solutions to guarantee the secure transportation of goods across international borders.
In 2022, Sweden's total exports reached USD 194 billion, making it the 33rd largest exporter globally, according to the Observatory of Economic Complexity (OEC). From 2017 to 2022, Sweden's exports increased by USD 42.2 billion, from USD 151 billion to USD 194 billion.
As Swedish companies continue to expand their international trade activities, the demand for containerboard packaging solutions remains strong. The need for durable and protective packaging to support the growing volume of exports highlights the critical role of containerboard in facilitating Sweden's robust trade activities.
The Rising E-commerce Across the Nation is Driving the Sweden Containerboard Market Growth
The growth of e-commerce in Sweden is substantially driving the demand for durable and sustainable packaging solutions to ensure efficient delivery of products to customers, thereby fueling the growth of the country's containerboard market.
According to the European E-Commerce Report, the percentage of internet users in Sweden engaging in online shopping increased from 88% in 2022 to 89% in 2023, indicating a slight increase over the one-year period.
This e-commerce growth directly impacts the demand for containerboard, as companies seek to protect their products during shipping and handling. The rising volume of online transactions necessitates reliable packaging solutions, solidifying the importance of containerboard in the evolving e-commerce landscape. As e-commerce continues to thrive, the market in Sweden is expected to grow, driven by the need for innovative and sustainable packaging solutions.
The Presence of Alternative Materials Restrain the Sweden Containerboard Market Growth
The rise of alternative packaging materials such as plastics, metals, glass, and composites pose a potential challenge to the Sweden containerboard market expansion. These substitutes could threaten containerboard, especially if they offer cost advantages or superior performance in specific applications.
Innovative advancements in plastic, metal, glass, or composite materials may lead to their increased adoption by industries traditionally reliant on containerboard, potentially resulting in a loss of market share for containerboard products, particularly where alternative materials offer unique benefits.
Additionally, the increasing focus on sustainability and environmental concerns may further drive the shift towards eco-friendly and recyclable alternatives, prompting containerboard manufacturers to adapt by developing more sustainable products to meet evolving consumer and regulatory demands.
The Integration of Nanotechnology and Smart Packaging in Containerboard Creates Sweden Containerboard Market Opportunity
The containerboard market is expected to experience significant growth as it incorporates emerging technologies such as nanotechnology and smart packaging. These advancements enable the development of high-performance, cost-effective, and versatile containerboard products with enhanced customization and branding capabilities.
Additionally, the integration of nanotechnology and smart packaging solutions will allow for the creation of containerboard products with advanced features such as active protection and real-time monitoring.
This fusion of technology and innovation will unlock new opportunities for the market, driving its growth and expansion in the years to come. With these advancements driving innovation, the market is poised for significant growth in the upcoming years.
Competitive Landscape
Several key market players operating in the Taiwan containerboard industry include Mondi Group, DS Smith, Rengo Co. ltd., Smurfit Kappa, International Paper Company, VPK Packaging, Metsa Group, Stora Enso, WestRock Company, Kaizen Emballage AB, and others.
Sweden Containerboard Market Key Segments
By Material
-
Virgin Fibres
-
Recycled Fibres
-
Mixed Fibres
By Type
-
Linerboard
-
Kraftliner
-
Testliner
-
-
Flutting
By Wall Type
-
Single Face
-
Single Wall
-
Double Wall
-
Triple Wall
By End-User
-
Food and Beverage
-
Personal Care and Cosmetics
-
Consumer Electronics
-
Others End-User
Key Market Players
-
Mondi Group
-
DS Smith
-
Rengo Co. ltd.
-
Smurfit Kappa
-
International Paper Company
-
VPK Packaging
-
Metsa Group
-
Stora Enso
-
WestRock Company
-
Kaizen Emballage AB
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size In 2023 |
USD 1.40 Billion |
|
Revenue Forecast In 2030 |
USD 1.75 Billion |
|
Growth Rate (Value) |
CAGR of 2.85% from 2024 to 2030 |
|
Market Volume in 2023 |
988 kilotons |
|
Volume Forecast in 2030 |
1436 kilotons |
|
Growth Rate (Volume) |
CAGR of 4.75% from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Growth Factors |
|
|
Companies Profiled |
10 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing And Purchase Options |
Avail customized purchase options to meet your exact research needs. |
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