Sweden Containerboard Market is Expected to Reach USD 1.75 Billion by 2030

30-Sep-2024

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The rising e-commerce across the nation is driving the Sweden containerboard market growth demand during the forecast period.

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, according to new research by Next Move Strategy Consulting.

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, further driving the growth of the containerboard market in Sweden.

However, the proliferation of alternative packaging materials such as plastics, metals, glass, and composites that presents a potential challenge to Sweden containerboard market 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 Sweden Containerboard 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 containerboard market is expected to drive substantial Sweden Containerboard market growth in the coming years.

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

Several key players operating in the Sweden 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.

Key Insights from Sweden Containerboard Market Report:

  • The information related to key drivers, restraints, and opportunities and their impact on the market 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 Sweden containerboard market is provided in the report along with their competitive analysis.

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