EMEA Corrugated Board Packaging Market Size (2024 - 2029)

EMEA Corrugated Board Packaging Market Analysis

The EMEA Corrugated Board Packaging Market size is estimated at USD 6.82 billion in 2024, and is expected to reach USD 7.87 billion by 2029, growing at a CAGR of 2.91% during the forecast period (2024-2029).

Corrugated board packaging is a versatile and cost-efficient method of protecting, preserving, and transporting a wide range of products. Its attributes, such as light weight, biodegradability, and recyclability, have made it an integral component in the packaging industry.

• Factors such as increasing demand for fresh food and beverages, home and personal products, logistics applications, electronic goods, building consumer awareness toward sustainable packaging, and the growth of the e-commerce industry are expected to increase corrugated box demand in EMEA during the forecast period.
• The e-commerce industry has emerged as a significant player in recent years. Prominent e-commerce companies, such as Amazon, have been using corrugated board boxes as their principal packaging while relying on plastic packaging for individual items. The corrugated board is highly versatile. Thus, it can take various forms other than the box, and due to sustainability issues, it is slowly replacing flexible plastic bags. Moreover, corrugated boxes are a perfect base for several printing techniques.
• The processed food segment accounts for the largest share in terms of the use of corrugated boards. The segment leads the overall market due to the massive prerequisite of foodstuffs being packed, stored, and transported to various places for consumption within and outside EMEA. Also, the need for green packaging materials, particularly paper packaging solutions, is fueled by the enforcement of strict legislation regarding the ban on single-use plastic.
• Germany is one of the prominent European markets for corrugated boxes. The country's principal industries, including pharmaceutical, automotive, food, and electronics, generate a high demand for corrugated boxes. For instance, according to the Federal Statistical Office of Germany, revenue from manufacturing corrugated paper and paperboard and containers of paper and cardboard in Germany amounted to approximately USD 24.03 billion by 2023.
• Fluctuations in raw material prices affect the production costs of corrugated products, which decreases the firmness and strength of corrugated boxes. Corrugated packing also has poor fire resistance. Hence, the low strength of corrugated materials and poor barrier properties hinder the growth of the market.

EMEA Corrugated Board Packaging Industry Segementation

The study covers the corrugated board packaging market in EMEA. The market is tracked in terms of consumption and the sales of different corrugated packaging products offered by various vendors across multiple end-user industries. Corrugated board packaging efficiently protects, preserves, and transports a diverse range of products. Due to its advantages, such as biodegradability, lightweight, and recyclability, the adoption of corrugated board packaging is rapidly growing.

The EMEA corrugated board packaging market is segmented by end-user vertical (processed foods, fresh food and produce, beverages, and paper products) and geography (Europe (United Kingdom, Germany, France, Spain, Italy, and Rest of Europe) and Middle East and Africa (South Africa, Saudi Arabia, United Arab Emirates, and Rest of the Region). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.