Europe Flexible Packaging Market 2023 to 2028: High Focus on Sustainable & Flexible Packaging Presents Opportunities - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Europe Flexible Packaging Market - Industry Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The Europe flexible packaging market is expected to grow at a CAGR of approximately 5.13% from 2022 to 2028. Due to the COVID-19 pandemic, the Europe flexible packaging market has witnessed a supply chain disruption due to a voluntary shutdown of authorities or factories enforcing lockdowns.

More than 70% of the demand for flexible packaging arises from the F&B industry. However, the rise in prices of luxury categories of F&B products is expected to be highly affected. In contrast, the daily-need or essential food & beverages products are expected to observe higher demand.

Moreover, post-covid, the market is again expected to regain its growth. Nowadays, consumers are shifting their preferences as they are expected to be price sensitive, inclined towards price and value brands, engage, maintain, and accelerate with online shopping, and focus more on health & hygiene.

Post-pandemic, the value chain is also adapted to digitization leading to a reduction in production & supply-chain risk. With digitization & real-time analytics & reporting, customers can track their supply chain more closely weekly compared to quarterly and annual reports. Thus, many companies are strategizing their plan and adapting to the change due to COVID-19.

Key Questions Answered:

• How big is the Europe flexible packaging market?
• What is the growth rate of the Europe flexible packaging market?
• What factors impact the growth of the Europe flexible packaging market?
• Which are the key players in the Europe flexible packaging market?
• Which country holds the most significant Europe flexible packaging market share?

Market Dynamics

Opportunities & Trends

• High Focus on Sustainable & Flexible Packaging
• Use of High-Barrier Plastic Packaging Materials
• Preference for Flexible Packaging Over Rigid Packaging
• Unprecedented Growth of E-Commerce Industry
• Adoption of Modified Atmospheric Packaging Products

Growth Enablers

• Rising Demand from Healthcare Industry
• High Demand for Lightweight Products
• Surge in Adoption of Pouch Packaging
• High Consumption of Processed and Packaged Food
• High Demand for Shelf-Life-Extending Packaging
• Demand for Sustainable Packaging Products from Personal Care Industry

Restraints

• Recycling Challenges Associated With Flexible Packaging Products
• Higher Operational Costs
• Highly Fragmented Marketplace
• Rising Raw Material Prices

Market Segmentation

by Material

• Flexible Plastic
• Flexible Paper
• Foil

by Flexible Plastic

• PE (Polyethylene)
• BOPP (Biaxially Oriented Polypropylene)
• CPP (Cast Polypropylene)
• BOPET (Biaxially-oriented Polyethylene Terephthalate)
• PA (Polyamide)
• PET (Polyethylene Terephthalate)
• PVC (Polyvinyl Chloride)
• EVOH (Ethylene-Vinyl Alcohol)
• Others

by Application

• Consumer Packaging
• Industrial Packaging

by Consumer Flexible Packaging End-Users

• Bakery & Confectionery
• Meat, Poultry & Seafood
• Dairy
• Ready-To-Eat (RTE)
• Healthcare
• Frozen Food
• Tea & Coffee
• Personal Care
• Petfood
• Other end-users

by Product

• Bags and Sacks
• Pouches
• Others

by Printing

• Flexography Printing
• Rotogravure Printing

By Geography

• Europe
• UK
• Germany
• France
• Spain
• Italy
• Benelux
• Austria
• Scandinavia
• Switzerland
• Rest of Europe

Key Company Profiles

• Amcor
• Berry Global
• Mondi
• Sealed Air
• TC Transcontinental Packaging
• Sonoco
• Huhtamaki
• Constantia Flexibles
• Ahlstrom
• Greif
• WestRock
• Smurfit Kappa
• Alu Flex Pack
• Aptar Group

Other Prominent Vendors

• Alinvest
• Aran Group
• Aluberg
• Bischof + Klein
• Bioplast
• Carcano
• Danaflex
• ProAmpac
• Wipak Group
• Saica
• Etapak (Baski Ambalaj)
• Innovia Films
• UFlex
• International Paper
• Novolex
• Sigma Plastics
• Symetal
• Krajcar Packaging
• ITP
• Gascogne Flexible
• Schur Flexibles
• Schmid Folien
• RKW Group
• Pouch Partners
• Perlen Packaging
• Goglio Packaging
• Kleiner Flexible Packaging
• Stora Enso
• Di Mauro
• Eurofoil
• Gerosa Group
• LEEB Flexibles
• PolyPak
• PPG
• Walki
• All4Labels
• SIG Combibloc Group
• Ringmetall SE
• The Reflex Group
• Supack
• Coveris
• Wipf AG
• Clondalkin Packaging
• Korozo Group
• Grupo Lantero
• Gualapack Group

For more information about this report visit https://www.researchandmarkets.com/r/y7jxba-flexible?w=4

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