Denmark 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: 111 | No. of Tables: 79 | No. of Figures: 44 | Format: PDF | Report Code : MC2678
Denmark Containerboard Market Overview
The Denmark Containerboard Market size was valued at USD 1.41 billion in 2023 and is predicted to reach USD 1.82 billion by 2030, with a CAGR of 3.36% from 2024 to 2030. In terms of volume, the market size was 1022 kilotons in 2023 and is projected to reach 1538 kilotons in 2030, with a CAGR of 5.26% 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 boxboards 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 Rising Trade Activities Across the Nation is Driving the Demand for Containerboards
The expansion of trade activities in Denmark necessitates robust packaging solutions for the safe transportation of goods across borders, thereby significantly driving the growth of the containerboard market in the country.
According to the Observatory of Economic Complexity (OEC), Denmark ranked as the 37th largest exporter globally in 2022, with exports totaling USD 122 billion, reflecting a USD 25.5 billion increase over the past five years.
This substantial growth in exports leads to a corresponding increase in the demand for containerboard materials, which are essential for protecting goods during transit and ensuring their safe arrival at intended destinations. As Denmark continues to expand its trade activities, the market is poised for further growth, supporting the country's robust export sector.
The Increasing E-commerce Activities Within the Country is Driving the Denmark Containerboard Market Growth
The rapid growth of Denmark's e-commerce sector is driving a significant increase in demand for robust packaging materials, particularly corrugated boxes, which are essential for ensuring the safe delivery of online orders.
According to the International Trade Administration, e-commerce sales of local online retailers in Denmark nearly reached USD 17 billion in 2022, with Food and Personal Care emerging as the largest e-commerce industry, accounting for 24.3 percent of the total e-commerce revenue.
This growth in e-commerce leads to an increased demand for containerboard materials, driving the Denmark containerboard market forward and creating new opportunities for manufacturers and suppliers. As e-commerce continues to expand, the demand for reliable packaging solutions is expected to grow, further bolstering the containerboard industry in Denmark.
The Presence of Alternative Materials Restrain the Denmark Containerboard Market Expansion
The rise of alternative packaging materials such as plastics, metals, glass, and composites pose a potential challenge to the demand for containerboard. 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 the Denmark containerboard market share for sustainable packaging 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 Market Opportunity
The Denmark 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 Denmark containerboard market trends, 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 market players operating in the Denmark containerboard industry includes Halco Packging, VPK Packaging, Amcor, Greif, Stora Enso, Scanlux Packaging, KD Emballage A/S, Packaging Denmark A/S, DS Smith, Smurfit Kappa, and others.
Denmark 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
-
Halco Packging
-
VPK Packaging
-
Amcor
-
Greif
-
Stora Enso
-
Scanlux Packaging
-
KD Emballage A/S
-
Packaging Denmark A/S
-
DS Smith
-
Smurfit Kappa
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size In 2023 |
USD 1.41 Billion |
|
Revenue Forecast In 2030 |
USD 1.82 Billion |
|
Growth Rate (Value) |
CAGR of 3.36% from 2024 to 2030 |
|
Market Volume in 2023 |
1022 kilotons |
|
Volume Forecast in 2030 |
1538 kilotons |
|
Growth Rate (Volume) |
CAGR of 5.26% 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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