Europe Paper Packaging Market Future Growth Outlook 2021-2026 | Smurfit Kappa, DS Smith PLC, WestRock, Mondi Group

The Europe Paper Packaging Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Europe Paper Packaging market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Europe Paper Packaging market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Europe Paper Packaging market.

Europe Paper Packaging Market is expected to grow at a CAGR of 4.5% over the forecast period (2021 - 2026).

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Top Leading Companies of Europe Paper Packaging Market are - 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 and others.

Industry News and Updates:

- April 2020 - Smurfit Kappa launched a new Bag-in-Box filling solution for organic birch sap drink thus offering a perfect packaging solution for the drink that keeps it fresh for up to 24 months before opening and 8 weeks after opening.

- March 2020 - WestRock showcased its dynamic right-sizing solutions BoxSizer and Box On Demand Compack Midi. These can right-size multiple pre-loaded box footprints arriving at random to the infeed, reducing costs around labor, maximize shipping yield, and improve customer satisfaction.

Key Market Trends:

Increasing E-Commerce Sales will Drive the Market Demand

- There has seen an unprecedented surge in the number of online shoppers in recent years. A large number of users have resulted in e-commerce companies having to deal with huge surges during peak shopping festivals. Due to which, e-commerce firms have been highly reliant on paper packaging. The World Retail Congress reported that the peak season uplift in countries, like Ireland, was 634%.

- Amazon is the biggest player in the e-commerce industry, and it had more than 119 million products listed on its website, as of April 2019. Moreover, the company mentioned that it sells over 4,000 products every minute. The company also boasted an impressive 2.5 million sellers on its website in 2019.

Western Europe to Hold Significant Market Share

- The countries in Western Europe holds the key market share in the region, due to the existence of established industries, like the pharmaceutical, food and beverage, etc. Germany is the largest market in the region, owing to its dominance in the packaging industry. However, Eastern Europe is anticipated to witness a higher growth rate, due to the growing adoption of these packaging techniques across numerous industries.

- Europe is the second-largest packaging market globally, and many industry experts also reported that the people in the region are willing to spend more on items if they have had some role in customizing them. And in countries like the UK, with one in five willing to pay an additional 20% for personalization privileges. The growing trend of customized packaging will also drive market growth.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Europe Paper Packaging Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Europe Paper Packaging Market (%),2016 - 2026
- Europe Paper Packaging Market Share, By Brand
- Europe Paper Packaging Market Share, By Company
- Europe Paper Packaging Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Europe Paper Packaging Market Value Analysis & Forecast
- Promising Europe Paper Packaging Development by Major Companies
- Detailed Europe Paper Packaging Portfolio of the Major Companies
- Major Deals in the Europe Paper Packaging Market
- Major Companies Analysis

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