Europe Corrugated Board Market Size & Outlook, 2022-2030
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Europe corrugated board market highlights
- The Europe corrugated board market generated a revenue of USD 42,296.1 million in 2022.
- The market is expected to grow at a CAGR of 6.7% from 2023 to 2030.
- In terms of segment, c flute was the largest revenue generating flute type in 2022.
- A Flute is the most lucrative flute type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 42,296.1 million |
| Market revenue in 2030 | USD 71,052.1 million |
| Growth rate | 6.7% (CAGR from 2022 to 2030) |
| Largest segment | C flute |
| Fastest growing segment | A Flute |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | A Flute, B Flute, C Flute, E Flute, F Flute |
| Key market players worldwide | International Paper Co, Georgia-Pacific, WestRock Co, Packaging Corp of America, Stora Enso Oyj Ordinary Shares - Class R, Oji Holdings Corp, Smurfit Kappa Group PLC, Mondi PLC, DS Smith PLC |
Other key industry trends
- In terms of revenue, Europe region accounted for 31.4% of the global corrugated board market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 94,643.5 million by 2030.
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Corrugated Board Market Scope
Corrugated Board Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Smurfit Kappa Group PLC | View profile | 47000 | Beech Hill, Clonskeagh, Dublin 4, Dublin, Ireland, D04 N2R2 | https://www.smurfitkappa.com |
| Oji Holdings Corp | View profile | 37845 | 7-5, Ginza 4-chome, Chuo-ku, Tokyo, Japan, 104-0061 | http://www.ojiholdings.co.jp |
| DS Smith PLC | View profile | 29672 | 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL | https://www.dssmith.com |
| Packaging Corp of America | View profile | 14900 | 1 North Field Court, Lake Forest, IL, United States, 60045 | https://www.packagingcorp.com |
| International Paper Co | View profile | 39000 | 6400 Poplar Avenue, Memphis, TN, United States, 38197 | https://www.internationalpaper.com |
| WestRock Co | View profile | 56100 | 1000 Abernathy Road, North East, Atlanta, GA, United States, 30328 | https://www.westrock.com |
| Georgia-Pacific | View profile | 10001+ | Atlanta, Georgia, United States, North America | http://www.gp.com/aboutus/companyoverview/index.html |
| Stora Enso Oyj Ordinary Shares - Class R | View profile | 20000 | P.O. Box 309, Helsinki, Finland, FI-00101 | https://www.storaenso.com |
| Mondi PLC | View profile | 21773 | The Heights, Brooklands, Ground Floor, Building 5, Weybridge, Surrey, United Kingdom, KT13 0NY | https://www.mondigroup.com |
Europe corrugated board market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to corrugated board market will help companies and investors design strategic landscapes.
C flute was the largest segment with a revenue share of 29.39% in 2022. Horizon Databook has segmented the Europe corrugated board market based on a flute, b flute, c flute, e flute, f flute covering the revenue growth of each sub-segment from 2018 to 2030.
Stringent regulations associated with the use of plastic packaging due to its harmful impact on the environment and society as a whole is primarily supporting the demand for corrugated boards in the regional market.
Moreover, Europe is a major producer of pulp-based products. According to the Confederation of European Paper Industries (CEPI), 85.1 million tons of paper and board was produced in the region in 2020; whereas the consumption of the same has been on the rise with a high average growth rate.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe corrugated board market , including forecasts for subscribers. This continent databook contains high-level insights into Europe corrugated board market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe corrugated board market size, by country, 2018-2030 (US$M)
Europe Corrugated Board Market Outlook Share, 2022 & 2030 (US$M)
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