Europe fresh food packaging market outlook 2024

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Visibility Report Code :FB 1008

2016-2024

Europe Fresh Food Packaging Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024

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Executive Summary

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Fresh Food Packaging Market Share(%), By Region-2016-2024

Europe Fresh Food Packaging Market Size USD (Billion). 2016-2024

XX%

CAGR: (2016-2024)

10% 13%

8% 13% 33% 22% 2016e

2017e

2018f

2019f

2020f

2021f

2022f

2023f

2024f

Europe

Source: Goldstein Research

In 2016,

2024

2016

24%

24%

North America

28%

Asia Pacific

25%

Latin America

Middle East & Africa

Source: Goldstein Research

Flexible Packaging accounted for the highest market share XX% in Europe Fresh Food Packaging Market

Europe Fresh Food Packaging Market Share (%), By Packaging Type-2016

With

XX% share in 2016, Europe region dominated the Global Fresh Food Packaging Market

Europe Fresh Food Packaging Market Share(%), By Application-2016

Europe Fresh Food Packaging Market Share(%), By Country-2016 UK

17% 28%

XX% Flexible Packaging

55%

XX%

Poultry & Meat Products Dairy Products

9%

4%

France

11%

Spain

Semi-Rigid Packaging

17% XX%

Rigid Packaging

Produce (Vegetables and Fruits) XX%

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12%

14%

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Germany Sweden

15%

Sea Food

Source: Goldstein Research

Netherland

18%

Belgium Rest of Europe


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Key Findings

 In 2016, flexible fresh food packaging dominated the market; flexible packaging segment accounted for nearly XX% of the total Europe fresh food packaging market and remaining XX% went for semi-flexible and rigid packaging market . The main reason for this despaired share is due to the increasing demand of convenience food and growing demand for shelf life extension of fresh food.  However, with health consciousness and rising level of disposable income in Europe, fresh food packaging market is projected to reach USD XXXX million in 2024 from USD XXXX billion in 2016, registering a growth rate of XX%. In addition to that, the United Kingdom fresh food packaging market touched USD XXXX billion in 2016 and rising demand for value added applications like safe distribution and transportation in the region is expected to accelerate the market to USD XXXX billion by the end of 2024  As a result, if seen from the big market point of view, demand for fresh and processed food products has led to the introduction of different types of packaging in the market. In addition, change in consumer lifestyles such as rising demand for small-sized packs for nuclear families is another factor boosting the sales of packaging product vendors, and hence the market growth.  Further, years of stagnating wages and prolonged economic downturn have forced many consumers to scale back restaurants visit and prefer more grocery shopping. While frozen and refrigerated packaged food are one good potential solution as they lack appeal for many and are seen as less healthy than any other alternatives  By contrast, fresh prepared foods have benefited because consumers have less discretionary income, time-starved and want of convenience of fresh meals they do not have to prepare.

Increasing demand for convenience food

Growing demand for shelf life extension of fresh food

Rising Population

Europe Fresh Food Packaging Units (Million)

Copyright

2016

The United Kingdom XXXX Million Units

XXXX Million Units

2024

XXXX Million Units

XXXX Million Units

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Germany

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Increasing disposable incomes


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Major Players/ Industries

The UK

Major Players Presence-Country Wise Analysis

Germany

The Netherland

France

Spain

Belgium

Sweden

Amcor Limited DS Smith Plc DuPont International Paper Company Smurfit Kappa BALL Corporation COVERIS Mondi Group

High Penetration

Medium Penetration

Low Penetration

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Rest of Europe


Europe Fresh Food Packaging Market Size (USD Billion) & Growth Analysis Europe Fresh Food Packaging Market Size (USD Billion)-2016-2024 XX

XX

XX% XX%

XX

XX

XX%

XX

XX%

XX

XX

XX%

XX

XX XX%

XX

XX%

XX

XX%

XX

XX

XX

XX XX

Europe Fresh Food Packaging Y-O-Y Growth (%) Analysis-2016-2024

XX

XX

XX% XX%

XX% XX% XX% XX% XX%

XX%

XX%

XX%

XX

XX% XX%

XX

XX%

2015

XX

2015

2016

2017

Source: Goldstein Research

2018

2019

2020

2021

2022

2023

2024

2016

2017

2018

2019

2020

2021

2022

2023

Source: Goldstein Research

 Europe fresh food packaging market is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. Further, packaging units increased from XXXX units in 2015 to XXXX units in 2016  The increasing adoption of pouch packaging is one of the key trends that will gain traction in the fresh food packaging market in Europe. Manufacturers are increasingly developing pouch packaging products because these packaging materials ensure the safety of the food product and save cost.  The fresh food packaging market in Europe is characterized by the presence of both domestic and international vendors. These vendors are increasingly competing against each other based on factors such as product features, quality, performance, cost, and supply chain management Copyright

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2024


Market Dynamics

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Growth Drivers

Growth Barriers

ns uatio Fluct raw in al materi of s price ing g a k c pa rials e mat

Eco-friendly technique

Consumer preference towards cost effective and local products

General Trend

Highly Complex

Moderately Complex

Waived

Fresh food Packaging Copyright

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Impact Analysis (%) of Innovations on Europe Fresh food Packaging Market Europe Fresh Food Packaging Industry Drivers Now, new barrier flexible packaging using Dow Chemical’s Retain technology “has a viable recycling strategy, new pouches can be recycled with other polyethylene (PE) films and bags at grocery store drop-off locations High-pressure processing has grown into a mainstream technology being used and courted by many food companies, large and small. For example, Campbell Soup— which is already using HPP for its cold-pressed juice line 1915 by Bolthouse Farms—is now looking for packaging that visually indicates when a product has gone through HPP Converting to flexible packaging and packaging opportunities for ecommerce are two of many key issues on the agenda for the one-day, high-intensity “Packaging for Food & Beverage” The urgency of finding affordable barrier packaging solutions is the fact that is seeing food waste pile up in epic proportions—even though one in nine people around the world go hungry every night, according to the Food and Agricultural Organization (FAO) Just one quarter of all wasted food could feed the 795 million undernourished people around the world who suffer from hunger Source: Goldstein Research Copyright

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6.1. Europe Fresh Food Packaging Market Share(%) , Market Size (USD Billion)- By Packaging, 2016-2024 Sample Request Key Findings

Europe Fresh Food Packaging Market Share, By Packaging, 2016-2024

28%

10%

Flexible Packaging

17% 2016

55%

Semi-Rigid Packaging

Europe Fresh food packaging market is expected to expand at a CAGR of XX% during the forecast period i.e. 2016-2024 owing to change in consumer lifestyles such as rising demand for small-sized packs for nuclear families is another factor boosting the sales of packaging product vendors, and hence the market growth

30%

2024

 The food packaging protects the products from contamination caused by bacteria, moisture etc. Increasing health and environmental awareness, is one of the factors responsible for the increasing demand for fresh food packaging. Besides protection of food products, value added applications like safe distribution and transportation are expected to boost the market growth

60%

Within the packaging segment, the flexible packaging category is one of the fastest growing categories, and has grown at a CAGR of over XX% over the past decade.

Rigid Packaging

Source: Goldstein Research

Europe Europe Fresh Fresh Food Food Packaging Packaging Market Market Y-O-Y Y-O-Y Growth, Growth, By By Packaging, Packaging, 201620162024 2024

Europe Europe Fresh Fresh Food Food Packaging Packaging Market Market Size Size (USD (USD Billion), Billion), By By Packaging-2016Packaging-20162024 2024 XX XX XX XX XX XX

2016 Flexible Packaging

Semi-Rigid Packaging

Source: Goldstein Research

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2024 Rigid Packaging

2016e

2017e

2018f

2019f

2020f Y-o-Y

Source: Goldstein Research

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2021f

2022f

2023f

2024f


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