Europe - Corrugated Box Market to worth USD 5.3 billion through 2023-2027 : Increasing use of corrugated boxes in organized retail sector is boosting the market advancement

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.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of about 4.92%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by USD 5307.72 mn through 2024-2028.
    
3. What is a key factor driving this market?
   Growing demand for corrugated boxes in e-commerce industry will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   Europe are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   100% growth will originate from Europe
    
6. What are the market segments covered in this report?
   The market is segmented by End-user (Food and beverages, Electronic goods, Personal and household care goods, and Glassware products and others), Material (Recycled corrugates and Virgin corrugates), and Geography (Europe)