European Food Packaging Market Size | COVID-19 Impact Analysis | Forecast to 2026

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 growth of the market include the increased use of plastics in the packaging sector. According to the PlasticEurope, in 2018, the packaging segment accounted for approximately 40% share of the overall plastics market in Europe. However, there has been an increased amount of plastic waste for recycling has been generated due to the overuse of plastics. Nevertheless, several players are engaged in rapid R&D activities regarding the manufacture of bio-based plastics or bioplastics for packaging purposes. Thus, this is likely to create ample opportunities for the growth of the packaging industry, and in turn, it will flourish the European food packaging market over the forecast period.

To Request a Sample of our Report on European Food Packaging Market:  https://www.omrglobal.com/request-sample/european-food-packaging-market

Further, there are several government regulations imposed to curb down the single-use plastics across Europe. The packaging companies are becoming more focused on investing in environmentally friendly packaging products. Due to this, there is a significant introduction of novel materials such as bioplastics, starch-based, and cellulose-based products which further drives the growth of the European food packaging industry over the forecast period. Besides, companies are also investing in metal packaging items such as aluminum. For instance, in June 2020, SIG announced to launch ASI-certified aluminum standard for EU packs. It offers customers a 100% renewable packaging solution. In the new pack, an ultra-thin barrier layer of aluminum foil will be inserted for a number of shelf-stable products filled in its packs to protect them from light and oxygen and to keep products nutritious and safe.

Market Coverage

·        Market number available for – 2019-2026

·        Base year- 2019

·        Forecast period- 2020-2026

·        Segment Covered- By Material, By Packaging, and Application

·        Countries Covered- UK, Germany, Italy, Spain, France, and Rest of Europe

·        Competitive Landscape- Amcor Plc, Coveris Holdings SA, DS Smith Plc, Mondi Group Plc, Smurfit Kappa Group Plc, Tetra Laval International SA, and Stora Enso Oyj 

Key questions addressed by the report

·        What is the market growth rate?

·        Which segment dominates the market in base year?

·        Which segment will project fastest growth in the market?

·        How COVID-19 impacted the market?

·        Recovery Timeline

·        Deviation from pre-COVID-19 scenario

·        Most affected segment

·        Who is the leader in the market?

·        How players are addressing challenges to sustain growth?

·        Where is the investment opportunity?

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A full Report of European Food Packaging Market is Available at:  https://www.omrglobal.com/industry-reports/european-food-packaging-market

European Food Packaging Market – Segmentation

By Material 

·        Plastic

·        Paper & Paperboard

·        Others

By Packaging 

·        Flexible Packaging

·        Semi-Rigid Packaging 

·        Rigid Packaging

By Application

·        Dairy Products

·        Fruits & Vegetables

·        Bakery & Confectionery

·        Poultry & Meat Products

·        Convenience Food

·        Others

European Food Packaging Market – Segmentation by Countries

·        UK

·        Germany

·        France

·        Italy

·        Spain

Rest of Europe

Company Profiles

·        Amcor Plc

·        Overview

·        Amcor Plc in Food Packaging Landscape

·        Recent Developments

·        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

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @  https://www.omrglobal.com/report-customization/european-food-packaging-market

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

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