Industry

Europe Food Packaging Market Size and Forecasts (2020 - 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Product Type [Trays (Molded Fiber, Plastic, Aluminum, and Others), Bottles, Tubs and Cups, Boxes, and Others] and Application (Commercial Catering, Food-to-Go, Ready-to-Eat Meals, and Others)

Report Code : 

TIPRE00030084

No. of Pages : 150
Published Month : Nov 2023
Category : Chemicals and Materials

Notice: Undefined variable: desc1 in /home/theinsightpart/public_html/post_details_amp.php on line 2045

Notice: Undefined offset: 1 in /home/theinsightpart/public_html/post_details_amp.php on line 2428

The Europe food packaging market is expected to grow from US$ 79,344.12 million in 2022 to US$ 115,256.45 million by 2030; it is expected to register a CAGR of 4.9% from 2022 to 2030.

MARKET ANALYSIS

Food packaging plays an essential role in maintaining quality and keeping food safe during transportation, distribution, storage, retailing, handling, and end-use, and delivering food products safely to the consumer. Food packaging products include trays, bottles, boxes, tubs and cups, ampules, and others. The packaging helps preserve food products from contamination caused by microorganisms, air, and moisture and helps catalytic activity in fresh food. Food packaging is durable, strong, and protective and plays a vital role in safety, convenience, efficiency, and providing product information to consumers. All these factors drive the Europe food packaging market growth.

GROWTH DRIVERS AND CHALLENGES

Organized retail and e-commerce platforms provide a broader reach and greater visibility for food packaging. Consumers increasingly prefer organized retail formats due to the convenience and wide range of products they offer. Organized retail, including supermarkets, hypermarkets, and specialty stores, offers many products such as dairy products, meat, seafood, and ready-to-eat (RTE) meals. The convenience of having multiple products under one roof attracts consumers and encourages them to choose organized retail over traditional retail formats. The diverse product assortment requires appropriate packaging to ensure product integrity, hygiene, and presentation on store shelves, further driving the Europe food packaging market growth. According to the Food Industry Association, Food Marketing Institute, consumers have increasingly turned to grocery store food service for their meal plans, fueling the ongoing food-at-home trend. Additionally, food packaging helps extend the shelf life of perishable products by providing protective barriers against oxygen, moisture, and contaminants. Hence, retailers can stock various food items for longer periods, lowering the risk of spoilage and minimizing product waste. Proper packaging ensures product visibility, brand recognition, and consumer appeal, enhancing the chances of sales. With dedicated shelves, refrigerated sections, or an online listing, e-commerce platforms and retail stores showcase a wide range of food items. Thus, the expanding organized retail & e-commerce industry bolsters the Europe food packaging market growth.

Stringent government regulations are imposed on food packaging to ensure consumer safety and environmental sustainability. The regulations present challenges and limitations for packaging manufacturers and suppliers. Complying with stringent norms often requires significant investments in research, testing, certification, and ongoing compliance monitoring. These additional costs can pose financial burdens on packaging companies, especially small- and medium-sized enterprises, limiting their ability to invest in innovation, expansion, and new product development. Government regulations may restrict or ban the use of certain packaging materials, particularly those considered harmful to human health or the environment. These factors limit the Europe food packaging market growth.

Customize This Report To Suit Your Requirement

You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

Europe Food Packaging Market: Strategic Insights

Europe Food Packaging Market
  • Market Size 2022
    US$ 79,344.12 Million
  • Market Size 2030
    US$ 115,256.45 Million

Market Dynamics

GROWTH DRIVERS
  • XXXXXXX
  • XXXXXXX
  • XXXXXXX
FUTURE TRENDS
  • XXXXXXX
  • XXXXXXX
  • XXXXXXX
OPPORTUNITIES
  • XXXXXXX
  • XXXXXXX
  • XXXXXXX

Regional Overview

  • Europe

Market Segmentation

Product Type
  • Trays
  • Bottles
  • Tubs and Cups
  • Boxes
Application
  • Commercial Catering
  • Food-to-Go
  • Ready-to-Eat Meals
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Europe Food Packaging MarketReport Scope

Europe Food Packaging Market Report Scope

Report Attribute Details
Market size in 2022 US$ 79,344.12 Million
Market Size by 2030 US$ 115,256.45 Million
Global CAGR (2022 - 2030) 4.9%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Product Type
  • Trays
  • Bottles
  • Tubs and Cups
  • Boxes
By Application
  • Commercial Catering
  • Food-to-Go
  • Ready-to-Eat Meals
Regions and Countries Covered Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Market leaders and key company profiles
  • Amcor Plc
  • Tetra Pak International SA
  • Crown Holdings Inc
  • Smurfit Kappa Group Plc
  • International Paper Co
  • DS Smith Plc
  • Ardagh Group SA
  • Huhtamaki Oyj
  • WestRock Co
  • The List of Companies - Europe Food Packaging Market 

    1. Amcor Plc
    2. Tetra Pak International SA
    3. Crown Holdings Inc
    4. Smurfit Kappa Group Plc
    5. International Paper Co
    6. DS Smith Plc
    7. Ardagh Group SA
    8. Huhtamaki Oyj
    9. WestRock Co
    10. Pactiv Evergreen Inc.
    • Highlights key business priorities in order to assist companies to realign their business strategies.
    • The key findings and recommendations highlight crucial progressive industry trends in the Europe food packaging market, thereby allowing players to develop effective long-term strategies.
    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
    • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
    • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
    Download Sample