Europe Biodegradable Paper and Plastic Packaging Market, By Packaging Type (Plastic and Paper), Product (Bags, Baking Sheets, Paper Plates, Clamshell Sandwich Containers, Portion Cups, Trays, Cutlery, Bowls, Pouches and Sachets, Lidded, and Others), Usage (Single-Use, and Reusable), Distribution Channel (E-Commerce, Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, and Others), Application (Food Packaging, Beverage Packaging, Pharmaceuticals Packaging, Personal & Home Care Packaging, Electronic Appliance Packaging, and Others), Packaging Layer (Primary Packaging, Secondary Packaging, and Tertiary Packaging), End-User (Restaurants, Hotels, Tea and Coffee Shops, Sweets & Snacks Stores, Cafeteria, and Others), Country (Germany, U.K., Italy, France, Spain, Switzerland, Russia, Turkey, Belgium, Netherlands, and Rest of Europe), Industry Trends and Forecast to 2029.
Market Analysis and Insights: Europe Biodegradable Paper and Plastic Packaging Market
Europe biodegradable paper and plastic packaging market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing at a CAGR of 7.8% in the forecast period of 2022 to 2029 and is expected to reach USD 2,615,751.33 thousand by 2029. One of the significant drivers associated with the Europe biodegradable paper and plastic packaging market could be strengthening government regulations related to packaging.
Biodegradable paper and plastic packaging is an environmentally friendly commodity that does not emit any carbon during the production process. Due to the rising awareness among the population about eco-friendly packaging, the demand for biodegradable paper and plastic packaging has increased. It applies to several industries such as pharmaceutical, food, healthcare, and environmental industries. With various types of plastics, the food and beverage industry is highly dependent on packaging materials.
Growing consumer awareness related to eco-friendly packaging is expected to drive market growth. The need for lower carbon footprint materials may act as a potential market driver for the market. Also, phase-out of single-use plastics, increasing the sales and profit of the players operating in the market.
The major restraint impacting the Europe biodegradable paper and plastic packaging market is the limited investment in biodegradable plastic production. Further, a high focus on recyclable and bio-based non-biodegradable plastic production can also restrain the market growth. The production of polylactic acid (PLA) from sugarcane and corn is expected to create opportunities for the Europe biodegradable paper and plastic packaging market. Limited availability of machines and equipment for bio-based materials is likely to act as a challenge for the market growth.
This Europe biodegradable paper and plastic packaging market report provide details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief; our team will help you create a revenue impact solution to achieve your desired goal.
Europe Biodegradable Paper and Plastic Packaging Market Scope and Market Size
Europe biodegradable paper and plastic packaging market is segmented based on packaging type, product, usage, distribution channel, application, packaging layer and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of packaging type, the Europe biodegradable paper and plastic packaging market is segmented into paper and plastics. In 2022, the paper segment is expected to dominate the Europe biodegradable paper and plastic packaging market as the manufacturing process of paper requires less skilled laborers with easy availability of resources or raw material, which increases its demand.
- On the basis of product, the Europe biodegradable paper and plastic packaging market is segmented into straws, bags, baking sheets, paper plates, clamshell sandwich containers, portion cups, trays, cutlery, bowls, pouches and sachets, lidded, and others. In 2022, the bags segment is expected to dominate the Europe biodegradable paper and plastic packaging market as it is durable and can be used for multipurpose, which increases its demand.
- On the basis of usage, the Europe biodegradable paper and plastic packaging market is segmented into single-use and reusable. In 2022, the reusable segment is expected to dominate the Europe biodegradable paper and plastic packaging market as it prevents unnecessary exploitation of resources and prevents littering, thus increasing its demand in the forecast period.
- On the basis of distribution channel, the Europe biodegradable paper and plastic packaging market is segmented into e-commerce, supermarkets/hypermarkets, convenience stores, specialty stores, and others. In 2022, the supermarkets/hypermarkets segment is expected to dominate the Europe biodegradable paper and plastic packaging market as customers can enjoy full freedom of selection, which increases its demand in the forecast period.
- On the basis of application, the Europe biodegradable paper and plastic packaging market is segmented into food packaging, beverage packaging, pharmaceuticals packaging, personal & home care packaging, electronic appliance packaging, and others. In 2022, the food packaging segment is expected to dominate the Europe biodegradable paper and plastic packaging market as it makes food safer and less vulnerable to contamination which increases its demand.
- On the basis of packaging layer, the Europe biodegradable paper and plastic packaging market is segmented into primary packaging, secondary packaging, and tertiary packaging. In 2022, the primary packaging segment is expected to dominate the Europe biodegradable paper and plastic packaging market as it is low cost and designed for end-users who have printed information of the product, thus increasing its demand in the forecast period.
- On the basis of end-user, the Europe biodegradable paper and plastic packaging market is segmented into restaurants, hotels, tea and coffee shops, sweets & snacks stores, cafeteria and others. In 2022, the restaurants segment is expected to dominate the Europe biodegradable paper and plastic packaging market as it introduces diners to different cultures through food and its packaging, which increases its demand in the forecast period.
Europe Biodegradable Paper and Plastic Packaging Market, Country Level Analysis
Europe biodegradable paper and plastic packaging market is segmented based on packaging type, product, usage, distribution channel, application, packaging layer and end-user.
The countries covered in the Europe biodegradable paper and plastic packaging market report are Germany, U.K., Italy, France, Spain, Switzerland, Russia, Turkey, Belgium, Netherlands, and the Rest of Europe.
Germany is expected to dominate the Europe biodegradable paper and plastic packaging market due to the increasing need for lower carbon footprint materials. In France, growing consumer awareness related to eco-friendly packaging is proven to boost the demand for biodegradable paper and plastic packaging in every sector. Whereas in the U.K., strengthening government regulations related to packaging is expected to boost the biodegradable paper and plastic packaging demand among end-users.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of European brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
Growth in the Biodegradable Paper and Plastic Packaging Industry
Europe biodegradable paper and plastic packaging market also provide you with detailed market analysis for every country growth in an installed base of different kind of products for the biodegradable paper and plastic packaging market, the impact of technology using lifeline curves, and changes in infant formula regulatory scenarios and their impact on the Europe biodegradable paper and plastic packaging market. The data is available for the historical period 2012 to 2020.
Competitive Landscape and Europe Biodegradable Paper and Plastic Packaging Market Share Analysis
The Europe biodegradable paper and plastic packaging market competitive landscape provide details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points are only related to the company’s focus on the Europe biodegradable paper and plastic packaging market.
Some of the major players covered in the report are Smurfit Kappa, DS Smith, Tetra Pak, Mondi, International Paper, VPK Group, Sonoco Products Company, STOROPACK HANS REICHENECKER GMBH, WestRock Company, Stora Enso, Eurocell srl, Novamont S.p.A., OSQ, BIO-LUTIONS International AG, TIPA LTD, Robert Cullen Ltd., BioApply, CPS Paper Products, The Biodegradable Bag Company Ltd., Hosgör Plastik are among other players domestic and regional. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
For instance,
- In October 2021, VPK Group launched the DA Alizay industrial site, located in the Normandy region, into a hub for sustainable development in the circular economy. VPK Group announces to carry out the rebuilding of the paper machine with Valmet Oyj
- In November 2021, Mondi invested €20 million to improve the sustainability of its pulp production at the Frantschach mill in Austria. This new plant equipment will make Mondi’s pulp production even more efficient and sustainable. This will further help to gain a customer base
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