The Corrugated Box Market in Europe is being driven by Growing demand for corrugated boxes in e-commerce industry
The Corrugated Box Market in Europe is expected to grow at a CAGR of 5.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 5860.4 million. In the European market, the demand for premium corrugated boxes has surged due to the association of high-quality products with superior packaging. Vendors catering to this trend employ advanced technologies, costly raw materials, and vibrant colors to create these boxes. The primary drivers of this demand originate from the mature and affluent consumer base in Western Europe, particularly in the cosmetics and household items sectors. In 2016, online cosmetics sales in Europe reached approximately USD84 billion, surpassing those in China and the US. This demand stems from the region's developed market and consumers' high disposable income.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
180 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.2% |
Market growth 2025-2029 |
USD 5860.4 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
4.6 |
Key countries |
Germany, Italy, France, Spain, and Rest of Europe |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The European corrugated box market encompasses various product offerings, including Die-Cut, Full Telescope, and Partial Telescope Boxes, Corrugated Trays, and Corrugated Corner Pads. Key end-use industries include Foodstuffs, Agricultural Produce, Fresh Food, Beverages, and Fresh Fruit Packaging. Corrugated Board Converters produce these boxes using different flutes like B Flute, BC Flute, and E Flute, and various liners such as kraft liners, test liners, chip liners, double wallboard, and triple wallboard for FMCG, Consumer Durables, Electricals and Electronics. Recycled corrugated products are also gaining popularity in this market.
In the European corrugated box market, the supply chain encompasses various stakeholders, including corrugated board converters. These converters play a pivotal role in the production process, transforming raw materials into finished corrugated boxes. The corrugated board used in this industry is primarily made from paper-based materials, such as corrugated flutes, including B flute. Box styles include Die-Cut, Full Telescope, and Partial Telescope, catering to diverse industries like Foodstuffs, Agricultural Produce, Fresh Food, and Beverages. The production process involves the conversion of corrugated board into the desired box styles using specialized machinery, ensuring precision and efficiency.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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