Europe Corrugated Board Packaging Market is Expected to Reach USD 116,924.85 million by 2029

 The Europe corrugated board packaging market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with the CAGR of 5.9% in the forecast period of 2022 to 2029 and expected to reach USD 116,924.85 million by 2029. Growing small and medium-sized corrugated board packaging in the food and beverage packaging industry and increasing preferences for recycled corrugated products in the packaging industry.

In order to fulfill the growing demand for corrugated board packaging products in the building and construction and electronics industry, some companies are expanding their production capacities by entering into acquisition, joint venture and launching products across different regions.

Corrugated board packaging products are designed to give an extreme protection to fragile, heavy, bulky, or high-value products in storage and transit. A corrugated board packaging with several layers provides strength to the packaging product and makes it stronger than average cardboard. Different types of liners are used in the corrugated cardboard to provide the strength such as kraft liners, test liners, and chip linear.

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Double wallboard refers to that type of corrugated board packaging consisting of two layers of the corrugated medium glued between three layers of the liner board. Triple wallboard refers to that type of corrugated board packaging, which is considered the strongest of all kinds of corrugated board packaging as it consists of three layers of the corrugated medium and the four-layer of the liner board.

Corrugated Board Packaging Market Scope and Market Size

• On the basis of raw material, the Europe corrugated board packaging market is segmented into linerboard and medium. In 2022, the linerboard segment is expected to dominate the Europe corrugated board packaging market due to the easy processing techniques, improved efficiencies as well as easier usage. However, limited amount of strength restricts consumption in the market.
• On the basis of style segment, the Europe corrugated board packaging market is segmented into slotted box, telescopes, folders, trays, die cut bliss, die cut interiors, sheets, and fanfold. In 2022, the slotted box segment is expected to dominate the market owing to its growing application in the food and beverage industry in the Europe market. The easy availability in the market drives the slotted box segment in the Europe market.

Corrugated Board Packaging Market Country Level Analysis

The corrugated board packaging market is analyzed and market size information is provided by the country, raw material, style, grade and end-use as referenced above.

The countries covered in the corrugated board packaging market report are the Germany, U.K., France, Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Poland, Finland, Sweden, Norway, Lithuania, Latvia, Estonia & Rest of Europe.

Germany is expected to dominate the European region due to growing demand for fresh food & beverages, home & personal products, logistics application, electronic goods, building consumer awareness towards sustainable packaging, and growth of the e-commerce industry have led to a regular progression in the corrugated packaging demand in Germany.

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Competitive Landscape and Corrugated Board Packaging Market Share Analysis

Corrugated board packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to corrugated board packaging market.

Some of the major players operating in the corrugated board packaging market are Packaging Corporation of America, WestRock Company, International Paper, DS Smith, Rengo, Cascades Inc., Mondi, NEFAB GROUP, NIPPON PAPER INDUSTRIES CO., LTD, Sealed Air, and Smurfit Kappa among others.

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