Europe Eco-Friendly Packaging Market, By Type (Recycled Content Packaging, Reusable Packaging, and Degradable Packaging), Material Type (Paper & Paper Board, Plastic, Metal, Glass, Starch-Based Materials, and Others), Product Type (Bags, Pouches & Sachets, Boxes, Containers, Films, Trays, Tubes, Bottles & Jars, Cans, and Others), Technique (Active Packaging, Molded Packaging, Alternate Fiber Packaging, and Others), Layer (Primary Packaging, Secondary Packaging, and Tertiary Packaging), Application (Food, Beverages, Pharmaceutical, Personal Care, Home Care, and Others), Country (Germany, U.K., Italy, France, Spain, Russia, Switzerland, Turkey, Belgium, Netherlands, Luxemburg and Rest of Europe) Industry Trends and Forecast to 2029
Market Analysis and Insights: Europe Eco-Friendly Packaging Market
The Europe eco-friendly 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 4.2% in the forecast period of 2022 to 2029 and is expected to reach USD 53,464.53 million by 2029.
Eco-friendly packaging is easy to recycle, safe for individuals and the environment, and is made out of recycled materials. It uses materials and manufacturing practices with minimal impact on energy consumption and natural resources. Consumers are increasingly concerned about the environmental consequences of packaging. Businesses are under pressure from consumers and governments to use eco-friendly packaging for their products.
Eco-friendly packaging solutions aim to: lessen the amount of product packaging, promote the use of renewable/reusable materials, cut back on packaging-related expenses, eliminate the use of toxic materials in the production of packaging and provide options to recycle packaging easily.
Changing consumer preferences towards convenience and packaged foods may drive the market. Significant government initiatives to promote eco-friendly packaging are expected to create opportunities in the market. Constraint in production capacities is considered a problem for manufacturers in the market. The high cost of recycling is considered a challenge in the Europe eco-friendly packaging market.
This Europe eco-friendly packaging report provides 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 Eco-Friendly Packaging Market Scope and Market Size
The Europe eco-friendly packaging market is segmented based on type, material type, product type, technique, layer, and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target market.
- On the basis of type, the Europe eco-friendly packaging market is segmented into recycled content packaging, reusable packaging, and degradable packaging. In 2022, the reusable packaging segment is expected to dominate because reusable packaging is designed for repeated use; it is stronger and more durable than single-use packaging.
- On the basis of material type, the Europe eco-friendly packaging market is segmented into paper & paper board, plastic, metal, glass, starch-based materials, and others. In 2022, the paper & paper board segment is expected to dominate owing to the advantage of being, in most cases, the least expensive structural material for packaging and a renewable source.
- On the basis of product type, the Europe eco-friendly packaging market is segmented into bags, pouches & sachets, boxes, containers, films, trays, tubes, bottles & jars, cans, and others. In 2022, the boxes segment is expected to dominate as boxes have a good strength-to-weight ratio and do a great job of protecting their contents.
- On the basis of technique, the Europe eco-friendly packaging market is segmented into active packaging, molded packaging, alternate fiber packaging, and others. In 2022, the alternate fiber packaging segment is expected to dominate as it provides a much-needed alternative to polystyrene, which is detrimental to the environment and human health.
- On the basis of layer, the Europe eco-friendly packaging market is segmented into primary packaging, secondary packaging, and tertiary packaging. In 2022, the primary packaging segment is expected to dominate as it keeps the product sealed off from external environmental damage.
- On the basis of application, the Europe eco-friendly packaging market is segmented into food, beverages, pharmaceutical, personal care, home care, and others. In 2022, the food segment is expected to dominate as packaging is widely used in the food industry to prevent or reduce product damage and food spoilage, therefore saving energy, vital nutrients, and costs and protecting the consumers' health.
Europe Eco-Friendly Packaging Market Country Level Analysis
The Europe eco-friendly packaging market is analyzed, and market size information is provided by country, type, material type, product type, technique, layer, and application.
The countries covered in the Europe eco-friendly packaging market report are Germany, U.K., Italy, France, Spain, Russia, Switzerland, Turkey, Belgium, Netherlands, Luxemburg, and the Rest of Europe. Germany is expected to dominate in the European region due to increasing growth of food sector. Germany is followed by the U.K. as it is second growing country in the region due to the growing awareness regarding environmental conservation. France is projected to grow due to the increasing consumer preferences towards convenience foods.
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 Potential in the Europe Eco-Friendly Packaging Market
The Europe eco-friendly packaging market also provides you with detailed market analysis for every country's growth in an installed base of different kinds of products for the eco-friendly packaging market, impact of technology using lifeline curves, changes in infant formula regulatory scenarios, and their impact on the Europe eco-friendly packaging market. The data is available for the historical period 2011 to 2019.
Competitive Landscape and Europe Eco-Friendly Packaging Market Share Analysis
The Europe eco-friendly packaging market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe 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 provided are only related to the company's focus related to the Europe eco-friendly packaging market.
Some of the major players covered in the Europe eco-friendly packaging market are Crown Holdings, Inc., Berry Global Inc., Smurfit Kappa, Amcor plc, Tetra Pak, Ardagh Group S.A., Mondi, DS Smith, Ball Corporation, Sonoco Products Company, WestRock Company, Plastipak Holdings, Inc., Sealed Air, Nampak Ltd., Huhtamaki, Pactiv Evergreen Inc., Elopak, UFlex Limited, other players domestic and global. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
For instance,
- In November 2021, Smurfit Kappa Bag-in-Box launches a new thermo-laminated film. The Smurfit Kappa Bag-in-Box Ibi facility in Spain has started the production of bags with a new and more sustainable thermo-laminated metallised film – M-Compact 77. This will broaden the company.s product portfolio
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