Europe Containerboard Market by Material (Virgin Fibres, Recycled Fibres, and Mixed Fibres), by Type (Linerboard and Flutting), by Wall Type (Single Face, Single Wall, Double Wall, and Triple Wall), and by End-User (Food and Beverage, Consumer Electronics, Personal Care and Cosmetics, and Others End-User) – Opportunity Analysis and Industry Forecast, 2024–2030
Europe Containerboard Market size was valued at USD 29.87 billion in 2023 and is predicted to reach USD 35.26 billion by 2030, with a CAGR of 2.09% from 2024 to 2030. In terms of volume the market size was 27391 kilotons in 2023 and is projected to reach 37667 kilotons in 2030, with a CAGR of 3.93% from 2024 to 2030.
The expanding e-commerce sector in Europe is a major driver of growth for the containerboard market. With more than 150,000 companies actively selling goods and services online across the region, there is a heightened demand for secure and efficient packaging solutions, particularly corrugated boxes. These boxes play a crucial role in ensuring the safe delivery of products purchased online, thereby driving the demand for containerboard.
However, the proliferation of alternative packaging materials including plastics, metals, glass, and composites poses a potential challenge to containerboard demand. These substitutes could potentially undermine containerboard's market position, particularly if they offer cost advantages or superior performance in specific applications. Advancements in these materials, particularly in terms of sustainability and functionality, could lead to their increased adoption by industries traditionally reliant on containerboard, potentially eroding its market share.
On the contrary, the containerboard market is anticipated to witness significant growth through the integration of emerging technologies like nanotechnology and smart packaging. These innovations facilitate the development of high-performance containerboard products that are cost-efficient, versatile, and offer enhanced customization and branding opportunities. Nanotechnology and smart packaging solutions enable features such as active protection and real-time monitoring, further enhancing product appeal and functionality.
Segment OverviewEurope containerboard market is segmented based on material, type, wall type, application, and end-user.
• Based on material, the market is segmented into virgin fibres, recycled fibres, and mixed fibres.
• Based on type, the market is segmented into linerboard and flutting.
• Based on wall type, the market is segmented into single face, single wall, double wall, and triple wall.
• Based on end-user, the market is segmented into food and beverage, personal care and cosmetics, consumer electronics, and other end-user.
Regional Analysis
Germany Dominates the Europe Containerboard Market
Germany's expanding export sector is driving demand for durable packaging solutions, particularly containerboard, essential for secure transportation across industries such as automotive, pharmaceuticals, electronics, and consumer goods. According to the Observatory of Economic Complexity, Germany's total exports reached USD 1.6 trillion in 2022, marking a significant increase from USD 1.39 trillion in 2017. This growth directly correlates with increased demand for containerboard packaging as businesses prioritize product protection and safe global delivery.
Furthermore, Germany's thriving e-commerce industry is a major catalyst for robust packaging materials, crucial for ensuring secure product delivery. According to the International Trade Administration, Germany ranks among Europe's largest e-commerce markets, achieving an impressive 80 percent penetration rate in 2022, the third highest globally. As e-commerce continues to expand, the demand for containerboard packaging is expected to grow accordingly, further boosting the containerboard market in the country.
Key Benefits• Europe containerboard market report provides a quantitative analysis of the current market and estimations through 2024-2030 that assists in identifying the prevailing market opportunities to capitalize on.
• The study comprises a deep dive analysis of the market trend including the current and future trends for depicting the prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
• The competitive analysis of the market players along with their market share in Europe containerboard market.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.