Europe Containerboard Market is Expected to Reach USD 35.26 Billion by 2030

27-Sep-2024

  • Facebook
  • Linkedin
  • Whatsapp

The increasing e-commerce sector across the region is driving the Europe containerboard market demand in the region during the forecast period.

The Europe Containerboard Market size was valued at USD 29.87 billion in 2023 and is predicted to reach USD 35.26 billion by 2030, with a CAGR of 2.09% from 2024 to 2030. In terms of volume the market size was 27391 kilotons in 2023 and is projected to reach 37667 kilotons in 2030, with a CAGR of 3.93% from 2024 to 2030, according to new research by Next Move Strategy Consulting.

The Europe containerboard market is experiencing significant growth driven by the expanding e-commerce sector and increased trade activities throughout the region. According to a recent report from the European E-Commerce, over 150,000 companies across Europe are actively selling goods and services online, fueling the growth of B2C e-commerce. This surge in online commerce heightened the demand for containerboard, particularly corrugated boxes, essential for secure product delivery.

Additionally, robust packaging solutions are increasingly crucial in various industries such as automotive, pharmaceuticals, and electronics, as well as the thriving food and beverage sector. Furthermore, investments in sustainable and advanced packaging technologies, including recycled containerboard, are aligning with both consumer preferences and regulatory requirements. This strategic focus on eco-friendly solutions supports the market's expansion across the region.

However, the proliferation of alternative packaging materials such as plastics, metals, glass, and composites that presents a potential challenge to containerboard demand. These substitutes could undermine containerboard's market position, particularly if they offer cost advantages or superior performance in specific applications. Advances in these materials, especially in sustainability and functionality, may lead to increased adoption across industries traditionally reliant on containerboard, potentially eroding its market share.

On the other hand, the containerboard market anticipates significant growth through the integration of emerging technologies such as nanotechnology and smart packaging. These innovations facilitate the development of cost-efficient, versatile containerboard products that offer enhanced customization and branding opportunities.

Nanotechnology and smart packaging enable features such as active protection and real-time monitoring, further enhancing product appeal and functionality. As these applications continue to evolve and expand, incorporating quantum sensing methods into the industry is expected to drive the Europe containerboard market growth in the coming years.

Request for a sample here: https://www.nextmsc.com/europe-containerboard-market/request-sample

Several key players operating in Europe containerboard industry include International Paper, WestRock Company, Smurfit Kappa Group plc, Nine Dragons Paper (Holdings) Limited, DS Smith plc, Packaging Corporation of America, Graphic Packaging International, Rengo Co., Ltd., Stora Enso, Greif, Inc., and others.

Key Insights from Europe Containerboard Market Report:

  • The information related to key drivers, restraints, and opportunities and their impact on the Europe containerboard market trends is provided in the report.

  • The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.

  • The market share of players in the containerboard market is provided in the report along with their competitive analysis.

Add Comment

Please Enter Full Name

Please Enter Valid Email ID

Please enter comment

This website uses cookies to ensure you get the best experience on our website. Learn more