Increase in Demand for Customized Boxes: Customization is an evolving trend in Europe corrugated box market. The demand for printed corrugated boxes has been increasing over the years. They are primarily demanded by the e-commerce sector.
Rise in Online Orders: The growth in the use of the internet for shopping, stimulated by the growing use of smart phones as well as the increasing proportion of tech-savvy consumers, has a very positive effect on corrugated demand. The trend of using lighter containerboard will continue in persist in the packaging market.
Increase in prices set to be a catalyst: Paper price inflation is expected to continue in Europe until the prices match the global value. Increase in the cost of the raw materials such as paper and Kraft liner will act as catalysts to the corrugated box production in Europe. Due to shortage in Kraft paper, there will be increased substitution for recycled materials. B-Flute, BC-Flute and C Flute would facilitate growth in shipments by 2022.
Analysts at Ken Research in their latest publication ‘”Europe Corrugated Box Market Outlook To 2022 – By Box Type (Die-Cut, Full Telescope Box, Partial Telescope box, Corrugated Tray, Corrugated Corner Pads), By End User (Foodstuffs, Corrugated Board Converters, Agricultural Produce & Fresh Food, Beverages and Others)” believe that promoting better regulations, procurement of automatic and updated technology machines from different countries and increased investment by companies for fulfilling the Kraft paper demand will aid the corrugated box market.
Europe corrugated box market is expected to register positive CAGR of around 1.9% during the period 2019-2023. Use of corrugated for display/promotional packs, POPs and dispensers and the emergence of E-commerce industries are expected to have positive impact on the overall revenue of corrugated box market. E-commerce industry is expected to grow at a CAGR of 7.3% during 2018-2022 and will reach GMV of USD 112.0 billion by 2022.
Europe is home to 400+ corrugated box players and is dominated by DS Smith, Smurfit Kappa, International Paper, Mondi, WestRock, Saica, Model, Dunapack packaging and Palm Verpackungsgruppe. Corrugated box manufacturers are competing on the basis of different parameters such as price, products offered, manufacturing facilities, number of box plants, and number of paper mills, clientele, machinery, reach and presence.
The packaged food market is expected to grow to USD 892 billion by 2022 while cosmetics and personal care market is expected to grow annually by 1.2% and is anticipated to reach USD 83.6 billion in 2018.
Keywords:-
Europe Corrugated Box Market
Europe Corrugated Demand
Europe Corrugated Box Production
Europe Corrugated Packaging Sales
Production Corrugated Boxes
Rise Kraft Paper Prices
Type Flute Corrugated Box Europe
B- Flute Corrugated Box Europe
BC- Flute Corrugated Box Europe
C- Flute Corrugated Box Europe
E- Flute Corrugated Box Europe
Europe Corrugated Box End User
Used Corrugated Box
Corrugated Box Market France
Corrugated Box Industry Spain
Corrugated Box Sales Poland
Corrugated Box Supply Turkey
Corrugated Demand Austria
Corrugated Box Demand Belgium
Corrugated Market Sweden
Corrugated Market Hungary
Corrugated Market Switzerland
Corrugated Market Norway
Die-cut Corrugated Box Sales
Sales Corrugated Box Europe
Exports Corrugated Box Europe
Key Segments Covered:-
Type of Box:- Die Cut, Others: Full Telescope Box, Partial Telescope box, Corrugated Tray, Corrugated Corner Pads
Type of End User:- Foodstuff, Corrugated Board Converters, Agricultural Produce, Fresh Food
Beverages, Others
Type of Flute: – B Flute, BC Flute, C Flute, E Flute, Micro Flute, Others
Regions:- Germany, Italy, France, Spain, United Kingdom, Poland, Turkey, Netherlands, Czech Republic, Austria, Belgium, Romania, Sweden, Hungary, Switzerland, Norway
Key Target Audience:-
Manufacturers of corrugated boxes
Importers and exporters of corrugated boxes
Traders, distributors, and suppliers of corrugated boxes
End users
Companies Covered:-
Grigeo
DS Smith
Smurfit Kappa
International Paper
Mondi
WestRock
SAICA
Model
Dunapack Packaging
Palm Verpackungsgruppe
For more information on the research report, refer to below link:-
Related Reports By Ken Research:-
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Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
