Germany Corrugated Board Market Size & Outlook, 2022-2030
Germany corrugated board market, 2018-2030 (US$M)
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Germany corrugated board market highlights
- The Germany corrugated board market generated a revenue of USD 11,834.5 million in 2022 and is expected to reach USD 22,154.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 8.2% 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.
Corrugated board market data book summary
| Market revenue in 2022 | USD 11,834.5 million |
| Market revenue in 2030 | USD 22,154.1 million |
| Growth rate | 8.2% (CAGR from 2022 to 2030) |
| Largest segment | C flute |
| Fastest growing segment | A Flute |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Germany accounted for 8.8% of the global corrugated board market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany corrugated board market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 22,154.1 million by 2030.
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Corrugated Board Market Scope
Corrugated Board Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 30.26% in 2022. Horizon Databook has segmented the Germany 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.
On an average, the annual turnover of the German foodservice industry goes over USD 95 billion, which is expected to significantly increase in the coming years. Most institutional food service outlets in the country are quick-service outlets that offer on-the-go packaging and food delivery.
Moreover, due to COVID-19, most people prefer ordering food online or opt for takeaways for safety precautions. Corrugated board solutions constitute a popular form of packaging in this vertical, both for packaging of food ingredients and packaging of deliverable food products, and are likely to witness a high demand during the forecast period.
Increasing online sales in the country, especially post the coronavirus outbreak is supporting the demand for corrugated boards as they offer various beneficial features associated with printing, advertisement, and protection, making them a suitable choice for the packagers.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany corrugated board market , including forecasts for subscribers. This country databook contains high-level insights into Germany corrugated board market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany corrugated board market size, by flute type, 2018-2030 (US$M)
Germany Corrugated Board Market Outlook Share, 2022 & 2030 (US$M)
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