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European Fresh Food Packaging Market

BUROPEAN FRESH FOOD PACKAGING MARKET The European fresh food packaging market is expected to reach USD 10.7 billion by 2020, led by increasing demand for convenience food. 9.6 9.8 10.0 10.2 10.4 10.7 CAGR: 2.2% Market Share - By Type 5.5 2.5 1.3 CHIPS 2015 2015 2015 6.2 3.1 1.4 2020 2020 2020 Flexible Pack Semi-rigid Pack Rigid Pack 2015-20 | Values in USD billion Market Share - By Geography UK Sweden 20% 11% Netherlands Germany 18% 14% France Belgium 13% 10% Spain Others 11% 3% $9.6 Bn. 2015 Rise of Eco-friendly Food Packaging Options Availability of recyclable packaging materials Rising environmental Increased awareness concerns about global warming Factors Driving Europe's Fresh Food Packaging Demand Higher shelf life for packaged food Rising population Increasing disposable Demand for incomes convenience food European retailers are looking to offer food that is fresh, appealing and safe to consume, and has minimum impact on the environment including reduction in waste. 0000 Competition in European Fresh Food Packaging Market Growth of Flexible Plastic Investment in R&D for Packaging Segment Different Types of Packaging • Rising demand for fresh food packaging of fruits and vegetables • Water soluble packaging Edible packaging • Smart packaging • Self-cooling packaging • Self-heating packaging • Highly competitive • Presence of multiple large and small firms • Approx. 60% share of fresh food packaging by 2020 • Competition sustenance strategies: Product launches, M&A, Partnerships, Geographic expansions Top Five Food Packaging Companies COVERIS Smurfit Kappa TM amcor Cartón de Venezuela, S. A. HIGH PERFORMANCE PACKAGING OU POND mondi Drivers and Challenges Growth Drivers Key Challenges • Increasing demand for convenience food • Rising levels of disposable income in European countries • Growing demand for shelf life extension of fresh products • Awareness among purchasers regarding fresh food packaging Disposal of waste material generated during the manufacturing process | • Increasing raw material costs • Counterfeit activities across the globe ARANCA VIEW • Going forward, the European fresh foods packaging market will get consolidated due to collaboration between prominent market players, in order to expand their product portfolio. • Food packaging companies are focusing on research and development which will result in the advent of new technologies in the market and thus, competition in the market. Ciaranca Compiled by: Pradnya Bhoir br ©2017 Aranca, All Rights Reserved. If you wish to reproduce or use this infographic in any format, please email us at BUSINESS RESEARCH INVESTMENT FIXED INCOME VALUATION TECHNOLOGY PROCUREMENT & TRANSACTION QUANTITATIVE & RESEARCH & RESEARCH & ADVISORY INTELLIGENCE & IP SUPPLY CHAIN ADVISORY RESEARCH ADVISORY ANALYTICS ANALYTICS RESEARCH INTELLIGENCE

European Fresh Food Packaging Market

shared by aranca on Jul 26
European fresh food packaging market is expected to reach USD10.7 billion by 2020 led by increasing demand for convenience food. Explore our work in the Food and Beverage and Packaging here: - https:...


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