Europe and U.S. Recycled SOlid Board Market
Europe and U.S. recycled solid board market is expected to reach USD 11.19 billion by 2031 from USD 9.02 billion in 2023, growing with a CAGR of 2.7% in the forecast period of 2024 to 2031.
Market Segmentation:Europe and U.S. Recycled solid board Market, Product Type (Coated Recycled Board (CRB) and Uncoated Recycled Board (URB)), Category (Laminated and Non-Laminated), Weight (300-600 GSM, 601-800 GSM, 801-1200 GSM, and Above 1200 GSM), Application (Boxes, Pop Displays, Trays, Layer Pads, Edge Protectors, and Others), End-Use (Food and Beverages, Healthcare and Pharmaceuticals, Cosmetics and Personal Care, Electrical and Electronics, Building and Construction, Industrial Packaging, Tobacco Packaging, 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
Some of the major factors contributing to the growth of the Europe and U.S. recycled solid board market:Drivers
• Increase in demand from various end-use industries
• Expansion in e-commerce
• Innovations and technological advancements in recycling
Restraints
• Limited supply of raw material
• Competition from virgin materials
Opportunitites
• Product innovation and expansion into new markets
• Growing awareness regarding sustainability and rising environmental concern
• Regulatory support for recycling
Challenges
• Lack of awareness regarding recycled packaging solutions
• High investments in infrastructure development
Market Players:
The key players operating in the Europe and U.S. recycled solid board market are:
• Advanced Packaging Ltd.
• Cartiera Cama
• Cartiera Fornaci spa.
• Cartiera Marchigiana
• Cartiera San Martino S.p.A.
• Guangzhou bmpaper
• KAPAG Karton + Papier AG
• Kartonfabrik Porstendorf
• Koehler Paper SE
• LEIPA GROUP
• Magnia Group
• Merckens Karton- und Pappenfabrik GmbH
• PREMIER PAPER GROUP
• Preston Board & Packaging Ltd.
• Schumacher Packaging
• SEVEROČESKÁ PAPÍRNA, sro
• Solidus
• VPK Group NV
• Reno De Medici S.p.A.
• Smurfit Kappa
• DS Smith
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