Europe 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: 177 | No. of Tables: 128 | No. of Figures: 93 | Format: PDF | Report Code : MC2641
Europe Containerboard Market Overview
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.
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 fiberboards 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 further 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, 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 E-commerce Sector Across the Region is Driving the Europe Containerboard Market Demand
The expanding e-commerce sector in Europe is a major driver of growth for the containerboard market. With over 150,000 companies actively selling goods and services online across the region, there is a heightened demand for secure and efficient packaging solutions, particularly corrugated boxes. These boxes are essential for ensuring the safe delivery of products purchased online, driving the demand for containerboard.
The Increasing Trade Activities Within the Region is Driving the Demand for Containerboards
Increased trade activities throughout Europe are also contributing to the Europe containerboard market growth. As trade volumes rise, so does the need for robust packaging solutions across various industries including automotive, pharmaceuticals, electronics, and the food and beverage sector. Containerboard, known for its strength and versatility, plays a crucial role in meeting these packaging demands. Also, the growing emphasis on sustainable packaging solutions in Europe, including recycled containerboard.
Investments in advanced and eco-friendly packaging technologies are aligning with consumer preferences for environmentally friendly products and regulatory requirements aimed at reducing environmental impact. This strategic focus on sustainability supports the market's expansion and adoption of recycled containerboard across the region.
The Presence of Alternative Materials Restrain the Market Growth
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 Europe containerboard market share for lightweight 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 Market Opportunity
The Europe containerboard market trends 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.
Germany Dominates the Europe Containerboard Market Share
Germany's expanding export sector is driving demand for durable packaging solutions, particularly containerboard, essential for secure transportation across industries such as automotive, pharmaceuticals, electronics, and consumer goods.
According to the Observatory of Economic Complexity, Germany's total exports reached USD 1.6 trillion in 2022, marking a significant increase from USD 1.39 trillion in 2017. This growth directly correlates with increased demand for containerboard packaging as businesses prioritize product protection and safe global delivery.
Furthermore, Germany's thriving e-commerce industry is a major catalyst for robust packaging materials, crucial for ensuring secure product delivery. According to the International Trade Administration, Germany ranks among Europe's largest e-commerce markets, achieving an impressive 80 percent penetration rate in 2022, the third highest globally. As e-commerce continues to expand, the demand for containerboard packaging is self-assured to grow accordingly, further boosting the containerboard market in the country.
Finland to Witness Substantial Growth in the Europe Containerboard Market with a Projected CAGR of 5.80%
Finland's increasing trade activities are driving demand for reliable packaging solutions that ensure secure and efficient cross-border transportation of goods, bolstering growth in the country's containerboard market.
In 2022, Finland's exports surged to USD 127.83 billion, marking a substantial year-over-year increase from USD 116.76 billion in 2021. This sustained demand for dependable packaging solutions is expected to further boost Finland's containerboard market, reinforcing its position as a pivotal hub for global trade and commerce.
Additionally, the rapid growth of e-commerce in Finland is significantly expanding the containerboard industry. With more consumers opting for online shopping, there is a rising need for containerboards that can effectively protect goods during transit.
According to the European E-Commerce Report, in 2023, 81% of internet users in Finland engaged in online purchases of goods or services, highlighting the crucial role of e-commerce in driving demand for containerboards. As the e-commerce sector continues to evolve, the demand for reliable packaging solutions underscores the pivotal role of containerboard in the market.
Competitive Landscape
Several market players operating in the 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.
Europe 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
By Countries
-
Germany
-
France
-
Italy
-
Spain
-
The UK
-
Russia
-
Sweden
-
Norway
-
Denmark
-
Netherlands
-
Finland
-
Rest of Europe
Key Players
-
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.
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size In 2023 |
USD 29.87 Billion |
|
Revenue Forecast In 2030 |
USD 35.26 Billion |
|
Growth Rate (Value) |
CAGR of 2.09% from 2024 to 2030 |
|
Market Volume in 2023 |
27391 kilotons |
|
Volume Forecast in 2030 |
37667 kilotons |
|
Growth Rate (Volume) |
CAGR of 3.93% from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Growth Factors |
|
|
Countries Covered |
12 |
|
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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