Europe Containerboard Market Set to Grow to USD 35 Billion by 2030 Amid E-Commerce Boom and Sustainability Focus

 

According to industry analysts at Next Move Strategy Consulting, the Europe Containerboard Market is poised to reach USD 35 billion growing at a CAGR of 2% during the forecast period by 2030. The containerboard market forms a cornerstone of the packaging industry, supplying durable and versatile paperboard used in manufacturing corrugated boxes. These products, crafted from recycled and virgin fibres, offer superior strength, lightweight characteristics, and customization potential for diverse packaging needs.

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Key Growth Drivers

1. E-Commerce Expansion:
   The surging e-commerce sector across Europe, encompassing over 150,000 companies, is significantly boosting the demand for containerboards. Corrugated boxes, a vital component of online retail packaging, ensure safe delivery of goods to consumers, driving market growth.
2. Increasing Trade Activities:
   Trade expansion across industries such as automotive, pharmaceuticals, electronics, and food and beverages is generating demand for robust packaging solutions. The versatility of containerboard in catering to various packaging requirements has cemented its role in the supply chain.
3. Sustainability Focus:
   Europe's strong commitment to environmental sustainability is fuelling investments in recycled containerboards and eco-friendly packaging solutions. This aligns with consumer preferences and regulatory policies aimed at minimizing ecological impact.

Challenges and Opportunities

While the rise of alternative packaging materials such as plastics, metals, and composites present challenges, the integration of advanced technologies like nanotechnology and smart packaging offers a promising avenue. These innovations enhance the performance and functionality of containerboard, paving the way for new applications and market growth.

Competitive Landscape

Key players shaping the Europe containerboard market include International Paper, WestRock Company, Smurfit Kappa Group plc, Nine Dragons Paper (Holdings) Limited, DS Smith plc, and others. These companies are leveraging advancements in eco-friendly technologies and strategic expansions to strengthen their market positions.

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Segmentation and Scope

The market is segmented by material (virgin, recycled, and mixed fibers), type (linerboard, kraftliner, testliner, and fluting), wall type (single face, single wall, double wall, and triple wall), and end-user industries (food and beverage, personal care, consumer electronics, and others).

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Next Move Strategy Consulting is a premier market research and management consulting firm that has been committed to provide strategically analysed well documented latest research reports to its clients. The research industry is flooded with many firms to choose from, what makes Next Move different from the rest is its top-quality research and the obsession of turning data into knowledge by dissecting every bit of it and providing fact-based research recommendation that is supported by information collected from over 500 million websites, paid databases, industry journals and one on one consultations with industry experts across a diverse range of industry sectors. The high-quality customized research reports with actionable insights and excellent end-to-end customer service help our clients to take critical business decisions that enables them to move beyond time and have competitive edge in the industry.

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