Europe and U.S. Recycled Chipboard Market
Europe and U.S. recycled chipboard market is expected to reach USD 6.65 billion by 2031 from USD 5.56 billion in 2023, growing with a CAGR of 2.3% in the forecast period of 2024 to 2031.
Market SegmentationEurope and U.S. Recycled Chipboard Market, By Product Type (Coated and Uncoated), Weight (300-450 GSM, Above 600 GSM, 200-300 GSM, and 450-600 GSM), Application (Folding Cartons, Boxes, Displays, and Others), End-Use (Food, Consumer Goods, Electronic Products, Medicine, Cosmetics, Paper Mailers, and Others), Country (U.S., Germany, Italy, U.K., France, Poland, Russia, Spain, Turkey, Netherlands, Belgium, Sweden, Finland, Switzerland, Denmark, Norway, and rest of Europe) - Industry Trends and Forecast to 2031
Overview of Europe and U.S. Recycled Chipboard Market DynamicsDrivers
• Growing need for eco-friendly packaging
• Expansion in e-commerce
• Rising popularity of chipboard in food packaging
• Rising buyers acceptance towards personalized and customized chipboard packaging solutions
Restraint
• Credible threat from virgin materials
Opportunities
• Regulatory support aimed for recycling
• Product innovation and expansion into new markets
Challenges
• Lack of awareness regarding recycled packaging solutions
• Limited supply of raw materials
Market Players
The key players operating in the Europe and U.S. recycled chipboard market are:
• WEIG Group
• FM CARTIERE S.P.A.
• bmpaper.com
• KAPAG Karton + Papier AG
• Kartonsan
• Mayr-Melnhof Karton AG
• Muratlikarton.com.tr
• PREMIER PAPER GROUP
• Ranheim Paper & Board
• Reno De Medici S.p.A.
• SARRIO PAPELERA DE ALMAZAN
• Solidus
• Sonoco
• UMKA D.O.O.
• Smurfit Kappa
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