Europe Corrugated Boards Market
Market Overview and Dynamics
The corrugated boards market in Europe is projected to grow from US$ 21,931.55 million in 2021 to US$ 30,718.13 million by 2028, registering a CAGR of 4.9% during the forecast period. Corrugated packaging materials are widely used for secondary and tertiary packaging across a range of durable and nondurable goods, including food and beverages, consumer electronics, personal care and household products, chemicals, paper, agricultural goods, and more.
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Corrugated boards are valued for being cost-effective, lightweight, durable, biodegradable, and recyclable, making them a critical solution in modern packaging. Their versatility and ability to protect goods during transportation further enhance their appeal.
The rising global demand for fast-moving consumer goods (FMCG) and branded consumer durables is a major factor fueling the adoption of corrugated boards. In the food and beverage industry, these boards are used extensively to package processed foods such as snacks, bread, ready-to-eat (RTE) meals, and meat products, as well as fresh produce and beverages. For example, food service outlets increasingly rely on corrugated boxes for packaging items like pizza.
Changing consumer lifestyles and the growing preference for convenience foods are driving demand for high-quality packaging and catering solutions, boosting market growth. Additionally, companies are innovating with corrugated board applications in food packaging. A notable example is the THIMM Group’s “COOLandFREEZE” solution, a corrugated cardboard box designed for temperature-controlled shipping, capable of transporting frozen, chilled, and ambient products together in one package.
Overall, the expanding use of corrugated boards across various sectors, especially in food and beverages, is a key driver of the European corrugated boards market.
Market Introduction
Europe, home to prominent economies such as Germany, Russia, France, the UK, and Italy, is recognized as one of the largest markets for corrugated boards globally. This is primarily due to the broad application of corrugated packaging across industries such as processed food and electronics. The food processing sector, in particular, is a key manufacturing pillar within the European Union (EU). As reported by the European Commission, EU food and drink exports have doubled over the past decade, surpassing €90 billion (US$101.71 billion). This surge in exports has significantly boosted the demand for corrugated packaging solutions that ensure safe and fresh transportation of food products. According to the European Federation of Corrugated Board Manufacturers (FEFCO), over 40% of corrugated packaging in Europe is used for food-related applications.
The COVID-19 pandemic disrupted several core industrial sectors across the region, including electronics, automotive, and food and beverages, leading to a temporary decline in demand for corrugated boards. However, the rapid growth of e-commerce during the pandemic helped sustain the market by increasing the need for robust packaging materials. As lockdown measures ease across various European countries, the gradual recovery of industries and logistics operations is expected to drive renewed growth in the corrugated board market.
Key Market Segments
By application, the food and beverages segment held the largest share of the Europe corrugated boards market in 2020. Within this segment, the processed food industry accounted for the most significant portion of the market share.
Major Sources and Listed Companies
The report on the Europe corrugated boards market was developed using a mix of primary and secondary sources, including company websites, annual and financial reports, government publications, and statistical databases.
Key companies profiled in the report include:
Klabin S.A., International Paper, Arcor, Mondi, NIPPON PAPER INDUSTRIES CO., LTD., Smurfit Kappa, Klingele Papierwerke GmbH & Co. KG, and WestRock Company, among others.
Reasons to Purchase This Report
- Gain a clear understanding of the Europe corrugated boards market landscape and identify the most lucrative market segments.
- Stay ahead of competitors by tracking the evolving dynamics of the regional competitive environment.
- Strategically plan mergers, acquisitions, and partnerships by targeting segments with the highest sales potential.
- Make informed business decisions based on a comprehensive analysis of market performance across segments.
- Access detailed revenue forecasts by segment for the 2021–2028 period across the European region.
Europe Corrugated Boards Strategic Insights
Strategic insights for the Europe Corrugated Boards provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
key company profiles
Klabin S.A.
International Paper
Arcor
Mondi
NIPPON PAPER INDUSTRIES CO., LTD.
Smurfit Kappa
WestRock Company
Klingele Papierwerke GmbH & Co. KG
Regional Insights: Europe Corrugated Boards Market
The regional scope of the Europe Corrugated Boards market highlights the specific geographic areas where businesses operate and compete. Understanding local variations—such as consumer preferences, economic conditions, and regulatory frameworks—is essential for developing market-specific strategies. For example, differences in packaging requirements across countries may influence demand for certain board types or sustainability features. By identifying underserved regions and adapting products to meet localized needs, companies can expand their market presence. A focused regional approach enables more efficient allocation of resources, targeted marketing efforts, and stronger competitive positioning, ultimately driving growth in key European markets.
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Author's Bio
Akshay
Senior Market Research Expert at Business Market Insights
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