The Europe Paper Packaging Market was valued at USD 52.37 billion in 2023. The market is projected to grow at a compound annual growth rate (CAGR) of 4% in the coming years.
Europe Paper Packaging Market Overview:
Paper packaging is valued for its recyclability, durability, customization options, lightweight nature, and versatility. It is available in various shapes, sizes, and colors to meet diverse user requirements. In Europe, paper packaging is extensively used in industries such as cosmetics, healthcare, and food and beverage (F&B). Paper-based containers are particularly popular for shopping groceries and fresh produce across European countries.
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Europe Paper Packaging Market Dynamics:
In 2020, leading manufacturers in the paper and fiber-based food and foodservice packaging sector established the European Paper Packaging Alliance (EPPA) to address carbon emission reduction in packaging while maintaining food safety and health standards. The EPPA aims to drive demand for paper packaging through better regulatory practices based on evidence. The European paper and board packaging industry supports over 50,000 jobs and is projected to invest EUR 68 billion to meet the needs of 160 million consumers across Europe. The increasing emphasis on sustainability in packaging is fostering investment and research to expand paper packaging applications.
Consumer preference for eco-friendly and recyclable packaging solutions is expected to drive growth in the European paper packaging market. The rise in online shopping is also boosting the demand for paper packaging products in the region. Additionally, consumer concerns about the environmental impact of packaging materials have led over 50% of European consumers to switch brands based on packaging sustainability.
Europe Paper Packaging Market Segment Analysis:
By Grade
Carton board
Containerboard
By End User
Food & Beverage
Healthcare
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Europe Paper Packaging Market Regional Insights:
In Europe, more than 45% of consumers have encountered unsustainable packaging, leading to a strong preference for cardboard or paper-based options over plastic. Europe stands as the second-largest packaging market globally, with a growing adoption of carton packaging, driven by the expansion of the e-commerce industry.
Market Key Players:
Smurfit Kappa
DS Smith PLC
WestRock
Mondi Group
Hamburger Containerboard GmbH (Prinzhorn Group)
Papierfabrik Palm GmbH & Co KG
Metsa Board Oyj
Progroup AG
Emin Leydier SA
Svenska Cellulosa Aktiebolaget – SCA
Stora Enso Oyj
International Paper Company
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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