Market Size of Europe Paper Packaging Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 91.71 Billion |
Market Size (2029) | USD 114.12 Billion |
CAGR (2024 - 2029) | 4.47 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Paper Packaging Market Analysis
The Europe Paper Packaging Market size is estimated at USD 91.71 billion in 2024, and is expected to reach USD 114.12 billion by 2029, growing at a CAGR of 4.47% during the forecast period (2024-2029).
- Paper packaging is a low-cost and versatile way to protect, store, and transport various products. It can also be customized to satisfy the needs of consumers or product-specific requirements. Attributes like biodegradability, lightweight, and recyclability of paper packaging make it an essential component for packaging. Due to such factors, the demand for such packaging has increased in the food and beverage industry.
- With the focus shifting toward sustainability, paper and paperboard packaging are expected to gain traction, with the country pushing for paper packaging products over plastic packaging for various end-user industries, including healthcare, food and beverages, retail, and e-commerce. The surging demand for paper packaging in the e-commerce industry will support market growth.
- The growth in the rate of urbanization across Europe has resulted in a higher focus on sustainability and convenience in food packaging. The increased need for consumer convenience is one of the primary factors driving the market. The foodservice packaging industry has recognized customers’ evolving demands and is catering to these changing preferences. Producers are considering how the packaging will be disposed of after usage, resulting in packaging items that can be discarded quickly.
- Amazon replaced plastic air pillows with paper for e-commerce across Europe. This paper, called dunnage, is specially designed to keep the product from moving inside the package, preventing damage. This packaging applies to all products sold through Amazon, including those that use Amazon's fulfillment services. Getting rid of plastic is a step in the right direction for Amazon. Amazon's latest step was to reduce single-use plastic packaging after switching from single-use plastic bags for Amazon-fulfilled shipping to paper bags and cardboard envelopes across Europe.
- The environmental impact of paper packaging is a concern. Procuring raw materials for paper production, particularly wood pulp, can contribute to deforestation if not managed sustainably. Deforestation can adversely affect ecosystems, biodiversity, and climate change. Furthermore, producing paper, mainly through specific processes like bleaching, can discharge dioxins, which are hazardous pollutants. These pollutants can have detrimental effects on the environment and human health.
Europe Paper Packaging Industry Segmentation
Paper and paperboard are frequently used for packaging products. There are numerous grades of paper packaging. Paperboard is the most common material used to make containers, like folding cartons. Paperboard requires processes such as pulping, optional bleaching, refining, sheet forming, drying, calendaring, and winding to manufacture paper. Paper packaging materials can be easily reused and recycled compared to other materials, such as metals and plastics. This is the reason for considering paper packaging as an eco-friendly and economical form of packaging.
The European paper packaging market is segmented by product type (folding cartons, corrugated boxes, and other product types), end-user industry (food, beverage, healthcare, personal care and household care, e-commerce, tobacco, and other end-user industries), and country (United Kingdom, France, Germany, Italy, Spain, and Rest of Europe). The report offers market sizes and forecasts in value terms (USD) for all the above segments.
By Product Type | |
Folding Cartons | |
Corrugated Boxes | |
Other Product Type |
By End-user Industry | |
Food | |
Beverage | |
Healthcare | |
Personal Care and Household Care | |
E-Commerce | |
Tobacco | |
Other End-user Industries |
By Country | |
United Kingdom | |
France | |
Germany | |
Italy | |
Spain |
Europe Paper Packaging Market Size Summary
The Europe Paper Packaging Market is poised for significant growth, driven by the increasing demand for sustainable and versatile packaging solutions. Paper packaging offers a cost-effective and eco-friendly alternative to traditional materials, with attributes such as biodegradability, lightweight, and recyclability making it a preferred choice across various sectors. The food and beverage industry, in particular, has seen a surge in the adoption of paper packaging due to its ability to meet consumer and product-specific requirements. Companies like Kraft Heinz and Amazon are leading the charge by replacing plastic with paper-based solutions, reflecting a broader industry shift towards sustainability. This trend is further supported by innovations in paper packaging technologies, such as the development of paper-based bottles and bags, which cater to the growing demand for environmentally friendly packaging options.
The market landscape is characterized by a consolidation of major players, including Smurfit Kappa, DS Smith PLC, and Mondi Group, who are investing in sustainable manufacturing practices and expanding their product offerings to meet the rising demand for paper packaging. These companies are focusing on enhancing the functionality and performance of paper-based packaging to compete with traditional materials like plastics and metals. Despite challenges such as the environmental impact of raw material procurement and the limitations of paper in handling heavy products, the market is expected to grow steadily. The increasing consumer awareness and regulatory pressures to reduce plastic usage are further propelling the demand for paper packaging solutions across Europe, positioning the region as a leader in the global shift towards sustainable packaging practices.
Europe Paper Packaging Market Size - Table of Contents
-
1. MARKET INSIGHTS
-
1.1 Market Overview
-
1.2 Industry Value Chain Analysis
-
1.3 Industry Attractiveness - Porter's Five Forces Analysis
-
1.3.1 Bargaining Power of Suppliers
-
1.3.2 Bargaining Power of Consumers
-
1.3.3 Threat of New Entrants
-
1.3.4 Threat of Substitute Products
-
1.3.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 By Product Type
-
2.1.1 Folding Cartons
-
2.1.2 Corrugated Boxes
-
2.1.3 Other Product Type
-
-
2.2 By End-user Industry
-
2.2.1 Food
-
2.2.2 Beverage
-
2.2.3 Healthcare
-
2.2.4 Personal Care and Household Care
-
2.2.5 E-Commerce
-
2.2.6 Tobacco
-
2.2.7 Other End-user Industries
-
-
2.3 By Country
-
2.3.1 United Kingdom
-
2.3.2 France
-
2.3.3 Germany
-
2.3.4 Italy
-
2.3.5 Spain
-
-
Europe Paper Packaging Market Size FAQs
How big is the Europe Paper Packaging Market?
The Europe Paper Packaging Market size is expected to reach USD 91.71 billion in 2024 and grow at a CAGR of 4.47% to reach USD 114.12 billion by 2029.
What is the current Europe Paper Packaging Market size?
In 2024, the Europe Paper Packaging Market size is expected to reach USD 91.71 billion.