Authored By: Sarah
11 Jul 2024

 Corrugated Box Market in Europe Size to grow by USD 5307.72 million between 2024-2028

According to a research report “ Corrugated Box Market in Europe” by End-user (Food and beverages, Electronic goods, Personal and household care goods, Glassware products and others) Material (Recycled corrugates, Virgin corrugates) Geography (Europe)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 5307.72 million, at a CAGR of about 4.92% during the forecast period. The European corrugated box market experiences significant growth due to the burgeoning e-commerce sector. The shift towards online shopping and the resulting surge in demand for convenient packaging solutions have driven the utilization of corrugated boxes. E-commerce retailers leverage these boxes to ensure product safety during transportation, while also benefiting from their customizable designs, shapes, sizes, and finishes. In 2020, approximately 38 billion corrugated boxes were delivered to European customers via e-commerce channels, underscoring their importance in this sector.

Browse market data tables, figures, and in-depth TOC on “Corrugated Box Market in Europe” by End-user (Food and beverages, Electronic goods, Personal and household care goods, Glassware products and others) Material (Recycled corrugates, Virgin corrugates) Geography (Europe) Global Forecast to 2028. Download Free Sample

 

By End-user, the Food and beverages segment is projected to dominate the market size in 2024

In the European corrugated box market, recycled corrugated boxes have emerged as a prominent and eco-conscious alternative. These boxes are manufactured using reclaimed paper and cardboard materials, thereby reducing the need for new resources and minimizing waste. By diverting post-consumer and post-industrial waste from landfills, recycled corrugated boxes contribute to environmental sustainability. Their use aligns with Europe's commitment to environmental responsibility, offering a balance between functionality and eco-consciousness. Recycled corrugated boxes, identified by their distinctive "recycled" labels or symbols, are an attractive choice for businesses and consumers seeking to minimize their environmental footprint.

By Material, Recycled corrugates  segment is expected to hold the largest market size for the year 2024

The European food and beverage sector, a significant contributor to the region's economy, is projected to expand at a robust rate during the forecast period, surpassing other manufacturing industries such as automotive. The increasing trend towards health and wellness, with a focus on organic food products, has significantly fueled the demand for fresh fruits and juices in Europe. In 2021, over half of the fruit juice imports in Europe originated from this trend, with major contributors being France, Belgium, and the Netherlands. The corrugated box market in Europe is poised to benefit from this surge in demand for food and beverage products, particularly those requiring protective and efficient packaging solutions.

Europe is forecasted to hold the largest market size by region in 2024

The corrugated box market in Europe experiences significant growth, with Germany leading the charge as the largest revenue contributor. Germany's robust industrial sector and export-driven economy generate substantial demand for corrugated packaging. Industries such as automotive, machinery, chemicals, and electronics, which form a significant portion of Germany's manufacturing sector, rely on corrugated boxes for secure and efficient product transportation. Moreover, the expansion of industries like organic food and beverages, electronic goods, and personal and household care products, which are valued at over €14 billion and €120 billion, respectively, in Germany, will further boost the demand for corrugated boxes during the forecast period.

The Corrugated Box Market in Europe growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Bio Pappel SAB de CV
  • Buckeye Corrugated Inc.
  • DS Smith Plc
  • International Paper Co.
  • Josef Schulte GmbH
  • Koch Industries Inc.
  • MODEL HOLDING AG
  • Mondi Plc
  • Nampak Ltd.
  • PRINZHORN HOLDING GmbH
  • Rengo Co. Ltd.
  • ROSSMANN SAS
  • S.A Industrias Celulosa Aragonesa
  • Smurfit Kappa Group
  • Sonoco Products Co.
  • Stephen Gould Corp.
  • Stora Enso Oyj
  • Tetra Laval SA
  • VPK Group
  • WestRock Co.
.

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Research Analysis Overview

The European corrugated box market is a significant segment of the global packaging industry, driven by the demand for linerboard, triple wallboard, and double wallboard. Linerboard, made from chip linear or recycled materials, is the backbone of corrugated boxes. Test liners and kraft liners are essential components, ensuring product safety and protection during transportation. The market caters to various industries, including Fast-Moving Consumer Goods (FMCG), Electricals and Electronics, Consumer Durables, Vegetable Packaging, Fresh Fruit Packaging, Beverages, Fresh Food, and Agricultural Produce. Corrugated board converters produce corrugated boxes in various flutes like E Flute, BC Flute, and B Flute, to meet specific industry requirements. Products like Corrugated Corner Pads, Corrugated Trays, Partial Telescope Boxes, Full Telescope Boxes, and Die-Cut boxes are widely used for Foodstuffs and other sensitive goods. The market's growth is attributed to the increasing demand for sustainable packaging solutions and the versatility of corrugated boxes. The European corrugated box market is expected to continue its growth trajectory, driven by the increasing demand for eco-friendly packaging solutions and the rising trend of online shopping.

Market Research Overview

The European corrugated box market is experiencing significant growth, driven by various end-use industries such as e-commerce, electronic goods, logistics applications, vehicle parts, tobacco, glassware and ceramics, electrical goods, paper products, chemicals, household care, healthcare, personal care, fruits and vegetables, and processed foods. The market is segmented into various types of fluting, including semi-chemical fluting and waste-based fluting, and liners such as unbleached testliner, white-top testliner, unbleached kraftliner, and white-top kraftliner. Key applications include fanfold, sheets, die cut interiors, die cut bliss, trays, telescopes, slotted boxes, and liners like chip linear, test liners, and kraft liners. Recycled corrugated products, e-Flute, C-Flute, B-Flute, BC-Flute, and Micro-Flute are gaining popularity due to their sustainability and eco-friendliness. Major players in the European corrugated box market include Electronics and Appliances, Textile, FMCG, Pharmaceutical, and Agro-foods industries. Key manufacturers include Palm Verpackungs gruppe, Dunapack Packaging, and Corrugated Board Converters. The beverage segment, fresh fruit packaging, and agricultural produce are major end-users. E-commerce merchants are also significant consumers due to the growing trend of online shopping and the need for efficient and secure packaging solutions. The Kraft paper market is also closely related to the corrugated box industry.

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Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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