Executive Summary
The corrugated board and packaging market in Europe rose from USD 20.0 billion in 2018 to USD 30.8 billion in 2022, registering a CAGR growth of 11% from 2018-2022. The European region is the second-largest producer of pulp and paper globally. Corrugated packaging material are primarily used in secondary and tertiary packaging for perishable and non-perishable goods such as food and beverage products, consumer durables, electrical and electronic appliances, etc. One of the affordable and adaptable packaging options that helps safeguard a variety of goods, particularly during travel, is corrugated boards. Due to the extensive product application potential in the locally processed food and electronics sectors, Europe is one of the major markets in the world for corrugated boards.
The pandemic has had an adverse effect on the demand for corrugated boards in the local market by negatively affecting a number of industry bases including electronics, automotive, food and beverage, and other industrial sectors. However, the rise in e-commerce retail sites' used during the pandemic contributed to a certain extent to the expansion of the corrugated board market.
Throughout the past few years, a variety of factors have contributed to the steady growth of the Europe corrugated board and packaging market. One significant factor is the expansion of Food Industry in Europe.
Food processing is one of the largest manufacturing industries in the European Union (EU). An impressive trade surplus exists within the EU. The demand for food goods packaged in corrugated material has increased as a result of the rise in exports, allowing for the safe and timely delivery of food. More than 40% of the corrugated packaging used in Europe is for the packaging of food goods.
Segmentation in Europe Corrugated Packaging Industry
By Region: The Europe corrugated box market has been dominated by Germany. The demand for corrugated boxes is significant in the country's key industries, which include the automotive, pharmaceutical, food, and electronics sectors. Italy is Europe's second-largest market for corrugated board and products. The demand for corrugated boxes is considerable in the country's key industries, which include those in metals, agro-foods, textiles, and plastics. Another significant market contributor was France, Spain, the United Kingdom, and other EU economies.

By End user: The major end-users of corrugated packaging in the Europe are: Food and Beverages, Baby Food & Formula Milk, Edible Oil, E- Commerce, and Others. The Food and Beverages industry is one of the largest end-users of corrugated packaging in the European Union. Nearly half of the world's supplies of processed fruits and vegetables are consumed in Europe, the market with the highest volume. Also, Europe is the second-largest market for edible oil worldwide.

Future Outlook
The corrugated board and packaging market in Europe appears to have a bright future overall. The need for environmentally friendly packaging, as well as the expansion of e-commerce and technology improvements, present potential for the sector to prosper. Corrugated producers may take advantage of these chances and maintain their competitiveness in the changing packaging landscape by continuing to be creative and responsive to market changes.
Scope of the Study
Makreo research has published study on Corrugated Packaging Market titled, “Europe Corrugated Board and Packaging Market Analysis and Forecast (2018-2028)”. Market assessment has been carried out using qualitative and quantitative methods and have combined the impact of trade and micro economic scenario. The market has witnessed many shifts in recent past after the COVID-19 outburst that given a suggest push in the market therefore, we have studied the performance of eCommerce Industry which has given a significant push to the corrugated box demand as well as Competition has also been studied to verify our assessment. Future outlook has been assessed keeping various influencing factors into consideration and also to assess the expected opportunities in the market.
Segmentation Covered
Key Questions Answered:
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