Europe Slip and Tier Sheets Market Forecast to 2031 - Regional Analysis - by Material (Kraft Paperboard, Corrugated Fiberboard, High Density Polyethylene, and Others) and End-Use Industry (Food and Beverage, Consumer Electronics, Chemicals, Pharmaceutical

Europe Slip and Tier Sheets Market Forecast to 2031 - Regional Analysis - by Material (Kraft Paperboard, Corrugated Fiberboard, High Density Polyethylene, and Others) and End-Use Industry (Food and Beverage, Consumer Electronics, Chemicals, Pharmaceuticals, Retail, and Others)

The Europe slip and tier sheets market was valued at US$ 574.98 million in 2023 and is expected to reach US$ 1,011.02 million by 2031; it is estimated to register a CAGR of 7.3% from 2023 to 2031.

High Demand for Plastic Slip Sheets Drives Europe Slip and Tier Sheets Market

Plastic slip sheets are made from high density polyethylene and polypropylene. These plastic slip sheets can be manufactured from 100% recyclable, high density polyethylene. Plastic slip sheets are highly suitable for humid or freezing conditions as they are resistant to water and moisture. These sheets are also suitable for overseas exports. A few players operating in the slip and tier sheet market are offering plastic slip sheets with an anti-slip coating. The surface of such plastic slip sheets is rough, which increases the friction between the load and the slip sheet; hence, these sheets have better stability. Thus, the high demand for plastic slip sheets is predicted to offer more lucrative opportunities for the growth of the slip and tier sheet market in the coming years.

Europe Slip and Tier Sheets Market Overview

According to the European Commission, in 2021, European road freight transport increased strongly by 6.5 % compared to 2020. The increased trade activities propel the demand for overall packaging material across Europe. Moreover, between 2019 and 2021, average annual pharmaceutical products demand was highest for diagnostic testing equipment, medical consumables, medical devices, and protective garments. Furthermore, in 2020, the export value of the European Union's agri-food products increased to US$ 226.1 billion (a growth of 1.4% compared to 2019), while the import value rose to US$ 150.0 billion (a growth of 0.5%). In the agriculture & pharmaceutical industries, slip and tier sheets protect the product from external damage and contamination. The significant growth in end-use industries such as food & beverages, pharmaceuticals, agriculture, and retail in Europe is driving the slip and tier sheet market growth in Europe.

Europe Slip and Tier Sheets Market Revenue and Forecast to 2031 (US$ Thousand)

Europe Slip and Tier Sheets Market Segmentation

The Europe slip and tier sheets market is categorized into material, end-use industry, and country.

Based on material, the Europe slip and tier sheets market is segmented into kraft paperboard, corrugated fiberboard, high density polyethylene (HDPE), and others. The kraft paperboard segment held the largest share of Europe slip and tier sheets market share in 2023.

In terms of end-use industry, the Europe slip and tier sheets market is segmented into food & beverage, consumer electronics, chemicals, pharmaceuticals, retail, and others. The food & beverage segment held the largest share of Europe slip and tier sheets market in 2023.

By country, the Europe slip and tier sheets market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany dominated the Europe slip and tier sheets market share in 2023.

Fresh Pak Corp, International Paper Co, Georgia-Pacific LLC, Signode Industrial Group LLC, WestRock Co, Smurfit Kappa Group Plc, Eltete TPM Oy, and Sonoco Products Co are the some of the leading companies operating in the Europe slip and tier sheets market.

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