Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The "Corrugated Box Market in Europe 2024-2028" report has been added to ResearchAndMarkets.com's offering.
Europe's corrugated box market is forecasted to experience significant growth from 2023 to 2028, with sustainable packaging and e-commerce driving the momentum forward. Key market insights, trends, and a holistic industry analysis are unveiled in the latest comprehensive study.
Increasing Demand for Sustainable and Premium Packaging Fuels Market Expansion
The corrugated box industry in Europe is undergoing a transformation, with a projected market increase of USD 5307.72 million over the next five years. This growth demonstrates a compelling acceleration of 4.92% CAGR during the forecast period. At the forefront is the rise in demand for eco-friendly and premium packaging solutions, bolstering market expansion across various sectors.
Segmentation Highlights Core Areas of Industry Progress
In an analysis of market segmentation, the reports highlight:
- End-user Focus: Trends within food and beverages, electronic goods, personal and household care, and glassware mark some of the key areas of interest.
- Material Usage: A distinct shift towards recycled and virgin corrugates reflects the industry's response to sustainability concerns.
- Geographical Landscape: Europe's market is dissected for a granular perspective of regional contributions and potential.
Key Drivers and Industry Challenges Identified
The growth trajectory of the corrugated box market in Europe is attributed to pivotal driving forces such as the proliferation of e-commerce, increased consumption of processed and packaged foods, and the influence of organized retail. Furthermore, the industry is expected to navigate challenges and capitalize on growing trends that emphasize sustainable packaging and the utilization of innovative lightweight materials.
Vendor Landscape and Market Dynamics
The competitive analysis presented includes multiple leading vendors in the market, offering a rich perspective on the strategies and footholds of industry frontrunners. The insight on market dynamics extends to not only the current state of affairs but also the emerging trends and potential challenges that are likely to shape future market opportunities.
A selection of companies mentioned in this report includes
- Bio Pappel SAB de CV
- Buckeye Corrugated Inc.
- DS Smith Plc
- International Paper Co.
- Josef Schulte GmbH
- Koch Industries Inc.
- MODEL HOLDING AG
- Mondi Plc
- Nampak Ltd.
- PRINZHORN HOLDING GmbH
- Rengo Co. Ltd.
- ROSSMANN SAS
- S.A Industrias Celulosa Aragonesa
- Smurfit Kappa Group
- Sonoco Products Co.
- Stephen Gould Corp.
- Stora Enso Oyj
- Tetra Laval SA
- VPK Group
- WestRock Co.
For more information about this report visit https://www.researchandmarkets.com/r/4c9jp1
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