Market Share of EMEA Corrugated Board Packaging Industry
The EMEA Corrugated Board Packaging Market is highly fragmented, with many companies giving corrugated board packaging solutions. The market is dominated by players, including International Paper, DS Smith, Smurfit Kappa, Mondi, WestRock, Saica, Model, and Dunapack packaging. The market is set for consolidation as the big players acquire small players to expand their presence and revenue throughout and outside EMEA. Mergers & acquisitions have been prevalent in the considered space and are supposed to prevail in the times to come. Businesses are continually innovating to develop sustainable packaging and are rendering environment-friendly packaging goods. To leverage the opportunities, firms are releasing corrugated box designs for various end-user industries.
- June 2020 - Modi Plc announced the EUR 7 million investment in state-of-the-art paper sack converting machine at Mondi's plant in Nyíregyháza, Hungary. The machine will increase the plant's quality, efficiency, and service standards to produce high-end and sophisticated paper sacks for food purposes.
- July 2019 - International Paper announced that the company successfully completed the acquisition of two corrugated packaging facilities located in Portugal (Ovar) and France (Torigni and Cabourg) from DS Smith for EUR 63 million (USD 71 million) on June 28, 2019. This transaction is related to the European Commission's requirements for clearance of DS Smith's acquisition of Europac.
EMEA Corrugated Board Packaging Market Leaders
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Mondi Group Plc
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Smurfit Kappa Group
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DS Smith PLC
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International Paper Company
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Sealed Air Corporation
*Disclaimer: Major Players sorted in no particular order
