The European food packaging market is projected to grow at a CAGR of 6.2% during the forecast period. The key factors that drive the market include the rapidly evolving packaging industry in the region. Climate changes and global warming at an alarming rate has accelerated the search for better concepts for plastic packaging. The packaging companies are becoming more focused on investing in environmentally friendly packaging products. The advent of novel materials such as bioplastics, starch-based, and cellulose-based products further drives the growth of the European food packaging market over the forecast period.
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The European food packaging market has been segmented into material type, packaging, and application. Based on the material, the market is segmented into plastic, paper & paperboard, and others such as glass & metals. The packaging is available in various forms including cans, converted roll stock, bags & pouches, cartons, boxes, and others. Based on the packaging, the market is segmented into flexible packaging, semi-rigid packaging, and rigid packaging. Based on the application, the market is segmented into dairy products, fruits & vegetables, bakery & confectionery, poultry & meat products, convenience food, and others.
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Further, Amcor Plc, Coveris Holdings SA, DS Smith Plc, Mondi Group Plc, Smurfit Kappa Group Plc, Tetra Laval International SA, and Stora Enso Oyj, among others are some of the prominent players operating in the European food packaging industry. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players to sustain in the highly competitive market.
Market Segmentation
European Food Packaging Market by Material
- Plastic
- Paper & Paperboard
- Others
European Food Packaging Market by Packaging
- Flexible Packaging
- Semi-Rigid Packaging
- Rigid Packaging
European Food Packaging Market by Application
- Dairy Products
- Fruits & Vegetables
- Bakery & Confectionery
- Poultry & Meat Products
- Convenience Food
- Others
Regional Analysis
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Company Profiles
- Ardagh Group S.A.
- Ball Corp.
- Coveris Holdings SA
- DS Smith Plc
- Mondi Group Plc
- Paccor Group
- Schur Flexibles Group
- SIG Combibloc Group Ltd.
- Smurfit Kappa Group Plc
- Stora Enso Oyj
- Tetra Laval International SA
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
