Europe Corrugated Board Market Size & Outlook, 2022-2030
Europe corrugated board market, 2018-2030 (US$M)
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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 |
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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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