Europe Fresh Food Packaging Market Demand, Growth Opportunities and Future Forecast, 2019-2026
Rising demand for fresh fruits and vegetables, increased demand for fresh food packaging, and rapid innovation are expected to propel the growth of the market.
PORTLAND, OR, USA, Feb. 2, 2022 /EINPresswire.com/ — European Fresh Food Packaging Market by Food Type (Fruits, Vegetables and Salads) Product Type (Flexible Film, Roll, Sacks, Sacks, Paper flexible, corrugated box, wooden boxes, tray and shell) and material (plastics, wood, paper, textile and others): opportunity analysis and industry forecast, 2019-2026. According to the report, the European fresh food packaging market was pegged at $3.95 billion in 2019 and is expected to reach $4.89 billion by 2026, registering a CAGR of 3.1% during the period. forecast.
Main Reasons for Market Fluctuations
Rising demand for fresh fruits and vegetables to increase the expansion of the fresh food packaging market. Additionally, high demand for fresh food packaging and rapid advancements in technology have boosted the growth of the European fresh food packaging market. However, political instability might negatively affect the regional market and the negative environmental impact of food packaging would hamper the growth of the market. On the contrary, the use of cellulose nanocrystals to provide an advanced barrier coating for packaging and the advent of bioplastic for fresh food packaging are expected to create lucrative opportunities in the near future.
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The salad segment will show the fastest growth
By food type, the salad segment is expected to register the fastest CAGR of 5.2% during the forecast period, owing to the shift in consumer attention towards exotic, tasty and fresh salad products. added value and a healthier lifestyle. However, the vegetable segment dominated the market in 2019, contributing almost half of the European fresh food packaging market, thanks to the advent of sustainable packaging for fresh vegetables.
Clamshell to manifest lucrative opportunities
By product type, the clamshell segment held the largest share in 2019, contributing more than a quarter of the European fresh food packaging market, owing to its versatility, customer ease of use, enhanced security, its eye-catching transparent packaging and a high degree of protection against contamination. Moreover, the segment is estimated to register the fastest CAGR of 4.1% during the forecast period.
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High Demand Witness Paper
By material, the paper segment is estimated to register the fastest CAGR of 4.0% during the forecast period, driven by growing environmental concerns and the reuse and biodegradability of paper packaging. However, the plastic segment held the largest share in 2018, contributing more than two-thirds of the market, due to the flexibility and adaptability of plastic packaging, customizable size, shape and style. according to the requirements of their customers.
Italy takes the lion’s share
The Italian market held the largest share in 2018, contributing almost a fifth of the European fresh food packaging market. However, the market across UK is expected to show the fastest CAGR of 4.0% during the forecast period. The report includes market analysis in Spain, France, Italy, Russia and Germany.
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Main market players
Sonoco Product Company
Smurfit Kappa Group
CHAPTER 1 INTRODUCTION
1.1. Description of the report
1.2. Main benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and templates
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO point of view
CHAPTER 3: MARKET LANDSCAPE
3.1. Definition and scope of the marker
3.2. Main findings
3.2.1. Upper investment pocket
3.2.2. The best winning strategies
3.2.3. Product mapping
3.2.4. Competitive Dashboard
3.2.5. Competitive heatmap
3.2.6. Main developments
18.104.22.168. Business expansion
22.214.171.124. Product launch
3.3. Key forces shaping the fresh food packaging industry/market in Europe
3.3.1. Bargaining power of suppliers
3.3.2. The bargaining power of buyers
3.3.3. There new entrants
3.3.4. The threat of substitutes
3.3.5. Intensity of competitive rivalry
3.4. Europe Fresh Food Packaging Market Share Analysis
3.4.1. UK Fresh Food Packaging Market Share Analysis
3.4.2. Germany Fresh Food Packaging Market Share Analysis
3.4.3. Analysis of the market share of fresh food packaging in France
3.4.4. Spain Fresh Food Packaging Market Share Analysis
3.4.5. Russia Fresh Food Packaging Market Share Analysis
3.5. Market dynamics
126.96.36.199. Rising demand for fresh fruits and vegetables to accelerate the expansion of the fresh food packaging market
188.8.131.52. New technologies are boosting the growing market
184.108.40.206. MAP is gaining popularity for fresh produce packaging
220.127.116.11. Political instability could negatively affect the regional market
18.104.22.168. The negative environmental impact of food packaging is a major challenge for engaged stakeholders
22.214.171.124. Use of cellulose nanocrystals to provide advanced barrier coatings for food packaging
126.96.36.199. Emergence of bioplastic for fresh food packaging
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