Rising usage of corrugated boxes in the organized retail industry, as well as rising demand for processed and packaged foods. The organized Modern retailing sector's growing reliance on corrugated boxes is a major factor fueling industry expansion.
Consumer demand for environmentally friendly packaging materials has also risen, and the organized retail sector is a major supplier of these materials in the form of corrugated boxes for packing. About half of all frozen fruit and vegetable imports come from Europe, which is also the world's largest market for them.
Europe - Corrugated Box Market is estimated to exhibit growth at a CAGR of 4.92% between 2023 and 2028 followed USD 5.3 billion revenue growth.
Europe - Corrugated Box Market Analysis
If Europe market landscape is considered, top importing nations in Europe for frozen fruits and vegetables are the UK, Germany, Belgium, and France. In Europe, more people are buying groceries, including frozen and chilled goods, from organized retail establishments. Paperboard containers are typically used to pack these things.
Companies are coming up with lightweight and high-performance container boxes to reduce cost, improve performance, and promote sustainability, which can positively impact Europe - corrugated box market growth. 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, etc are some of leading brands.
As a result, over the projection period, organized retail channels are likely to witness a consistent increase in demand for corrugated boxes in Europe.Learn more about the characteristics of the market and the variables that our thorough analysis predicts will have the biggest effects on it.
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