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European Food Packaging Market Size, Competitive Analysis, Share, Forecast- 2020-2026
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Orion Market Research European Food Packaging Market Size, Competitive Analysis, Share, Forecast- 2020-2026 Request a Free Sample @ https://www.omrglobal.com/request-sample/european-food- packaging-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
The European food packaging market is projected to grow at a CAGR of 6.2% during the forecast period. The key factors that drive the growth of the market include the increased use of plastics in the packaging sector. According to the PlasticEurope, in 2018, the packaging segment accounted for approximately 40% share of the overall plastics market in Europe. However, there has been an increased amount of plastic waste for recycling has been generated due to the overuse of plastics. Nevertheless, several players are engaged in rapid R&D activities regarding the manufacture of bio-based plastics or bioplastics for packaging purposes. Thus, this is likely to create ample opportunities for the growth of the packaging industry, and in turn, it will flourish the European food packaging market over the forecast period. To @ https://www.omrglobal.com/request-sample/european-food-packaging-market learn more about this report request a free sample copy Further, there are several government regulations imposed to curb down the single-use plastics across Europe. The packaging companies are becoming more focused on investing in environmentally friendly packaging products. Due to this, there is a significant introduction of novel materials such as bioplastics, starch-based, and cellulose-based products which further drives the growth of the European food packaging industry over the forecast period. Besides, companies are also investing in metal packaging items such as aluminum. For instance, in June 2020, SIG announced to launch ASI-certified aluminum standard for EU packs. It offers customers a 100% renewable packaging solution. In the new pack, an ultra-thin barrier layer of aluminum foil will be inserted for a number of shelf-stable products filled in its packs to protect them from light and oxygen and to keep products nutritious and safe. Browse reports/european-food-packaging-market for Full Report Description@ https://www.omrglobal.com/industry- European Food Packaging Market – Segmentation By Material Plastic Paper & Paperboard Others By Packaging Flexible Packaging Semi-Rigid Packaging Rigid Packaging By Application
Dairy Products Fruits & Vegetables Bakery & Confectionery Poultry & Meat Products Convenience Food Others European Food Packaging Market – Segmentation by Countries UK Germany France Italy Spain Rest of Europe Company Profiles Amcor Plc Overview Amcor Plc in Food Packaging Landscape Recent Developments Ardagh Group S.A. Ball Corp. Coveris Holdings SA DS Smith Plc Mondi Group Plc Paccor Group Schur Flexibles Group SIG Combibloc Group Ltd. Smurfit Kappa Group Plc Stora Enso Oyj Tetra Laval International SA For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/european-food-packaging-market
About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404