Europe Fanfold Corrugated Market Size By Product (Single-walled, Double-walled, Triple-walled), By Application (E-Commerce, Offline Retail), And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Europe Fanfold Corrugated Market Size And Forecast
Europe Fanfold Corrugated Market size was valued at USD 6,832.50 Million in 2021 and is projected to reach USD 9,094.74 Million by 2030, growing at a CAGR of 3.09% from 2023 to 2030.
The most efficient fit-to-product (FTP) or flexible box-on-demand packaging systems are being used in the e-commerce industry. As a result, rapid e-commerce and digitization have improved the market recently. The Europe report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Europe Fanfold Corrugated Market Definition
Think about corrugated boxes – they're not just boxes! They're known for being super strong and also offering a nice, soft cushion, which is why they're awesome for packing up your precious, breakable stuff. And when you stack them up against other packaging options, corrugated packaging wins, hands down! Why? Because you can get custom corrugated boxes made just for your business needs. Big or small, square or round, you name it, corrugated boxes can handle packing almost anything. They're flexible enough to move and protect even the most sensitive items that can spoil easily. Plus, they're made of Kraft paper, so they're recyclable – you can reuse them, turn them back into pulp, and even rebuild them. Now, let's talk about who's using them. Major industries using corrugated boxes
In the forthcoming years, fanfold corrugated solutions are anticipated to benefit greatly from the expanding relevance of packaging across a variety of industries and the booming e-commerce market. Additionally, as it is recyclable by nature, its demand is anticipated to rise as a result of increased environmental concerns.
Europe Fanfold Corrugated Market Overview
The top priority is designing an environmentally friendly and cost-effective packaging solution; However, in recent years, the requirement for corrugated fanfold packaging has been an ideal factor to take into account. A broad corrugated cardboard sheet known as a fanfold is typically used to protect products from damage. Although corrugated fanfold packaging is more practical, simple, and effective, its market is expected to increase. The most efficient fit-to-product (FTP) or flexible box-on-demand packaging systems are being used in the e-commerce industry. As a result, rapid e-commerce and digitization have improved the market recently.
Moreover, a corrugated fanfold is an adaptable packaging solution for offering various packaging parameters in different sized to the requirements of the customer. These factors are propelling the corrugated fanfold market’s expansion in the Europe region. It helps in the packaging of a wide range of consumer products, including food products, machine components, electronics equipment, and other products for the residents. Additionally, it is cost-effective and is utilized for cut-to-size packaging, increasing the corrugated fanfold market share by minimizing material costs and requiring less storage space.
The major manufacturing companies are using corrugated fanfold in considerable amounts for packaging. In recent years, the retail and e-commerce industries have accumulated a significant amount of corrugated fanfold for the same. These are accelerating the growth of the regional corrugated fanfold market. The use of corrugated fanfold for packaging groceries, food, and other products is growing rapidly in the UK because it is transportable, strong, and lightweight.
Due to the adoption of corrugated fanfold in recent times, the growing demand in the e-commerce industry is accelerating significantly. The widespread implementation of these fanfold corrugated sheets for packaging is made possible by the ongoing advancement of digital printing technologies. Customers are becoming increasingly concerned with finding a packing solution that seems to be safe, secure, and reliable.
Europe Fanfold Corrugated MarketSegmentation Analysis
The Europe Fanfold Corrugated market is segmented on the basis of Product, And Application.
Europe Fanfold Corrugated Market, By Product
• Single-walled• Double-walled• Triple-walled
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Based on the Product, the Europe fanfold corrugated market is segmented into single-walled, double-walled, and triple-walled. Single-walled fanfold corrugated solutions are the most commonly used type of corrugated shipping case for lightweight products and are preferred by online businesses. They are cost-effective and also serve as a cheaper alternative to double-wall versions, light, and offer protection during transit as it provides enough rigidity and shock absorption to protect the contents of the goods inside.
Europe Fanfold Corrugated Market, By Application
• E-Commerce• Offline Retail• Others
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Based on the Application, the Europe Fanfold Corrugated market is segmented into E-Commerce, Offline Retail, and Others. The e-Commerce industry is growing continuously at a global level. Increased use of smartphones, laptops, and tablets has resulted in a rise in online shoppers, especially in developing countries. Thus, with the boom in shopping through E-commerce, there is a massive demand for packaging solutions. Corrugated boxes are the most popular packaging materials on the market for e-commerce packaging. For the e-commerce industry, corrugated boxes are a common and widely used packaging material.
Key Players
The “Europe Fanfold Corrugated Market” study report will provide valuable insight with an emphasis on the U.S. market. The major players in the market are DS Smith, Papierfabrik Palm, International Paper Company, Braepac Packaging, Independent Corrugator, Smurfit Kappa, Rondo Ganahl Aktiengesellschaft, Northwest Packaging, Menasha Packaging Company, and Box on Demand. and others.
Key Developments
• International Paper announced that the company acquired two corrugated packaging businesses in the Madrid and Catalonia regions in Spain – La Gaviota, S.L. and Cartonatges Trilla S.A. The acquisition formed further growing its presence in the two largest industrial regions in the country
• Smurfit Kappa Group announced that it had completed the acquisition of Cartones del Pacifico, a leading paper-based packaging company in Peru. The acquisition marks a significant turning point for the business as it increases its footprint in the Americas from 12 to 13 nations and consolidates the group’s position as the region’s top pan-regional supplier.
• Ribble Packaging successfully finished a £3.5 million investment project on schedule. The project, which started in February 2020 and ended in early September, involved expanding the warehouse and installing a variety of cutting-edge pieces of equipment. With the investment, Ribble has been able to increase its capacity and plan for future expansion.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2018-2030
BASE YEAR
2021
FORECAST PERIOD
2023-2030
HISTORICAL PERIOD
2018-2020
UNIT
Value (USD Million)
KEY COMPANIES PROFILED
DS Smith, Papierfabrik Palm, International Paper Company, Braepac Packaging, Independent Corrugator, Smurfit Kappa, Rondo Ganahl Aktiengesellschaft, & Others
SEGMENTS COVERED
Product, Application, and Geography
CUSTOMIZATION SCOPE
Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.
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Europe Fanfold Corrugated Market Infographic
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