Europe Food Service Packaging Market Forecast to 2028

Report Code : TIPRE00009824 | Region : Europe | Industry : Chemicals and Materials | Published Date : 11/Jul/2022
Europe Food Service Packaging Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Plastic, Metal, and Others), Packaging Type (Flexible and Rigid), and Application (Beverages, Prepared Meals, Fruits and Vegetables, Bakery and Confectionery, Dairy Products, and Others)

The Europe food service packaging market is expected to grow from US$ 18,804.74 million in 2021 to US$ 25,719.65 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2021 to 2028.

The demand for food packaging is increasing at a high rate owing to rising consumer interest in the consumption of fresh products with an extended shelf-life and controlled quality. This factor helps the food packaging manufacturers to design and develop new & safe packaging products. On the other hand, the rising population of the different countries puts extra pressure on food production sectors to adopt enhanced food packaging solutions to reduce food wastage. Therefore, the current approach for improving the food industry aims to lower food damage and wastage by making important investments in the development of novel and innovative technologies for food packaging. Over the last few years, the consumer demand for transparent packaging to enable visual validation, along with better sustainability and product quality, has been increasing. The continuous growth of food packaging materials and packaging technology is driven by changing customer demands for slightly processed and semi-processed foods, utilization of automatic handling systems at the distribution centers, and serious concern for customers’ health and safety. These are some factors driving the higher production capacity of packaging solutions. Convenience is one of the factors accountable for boosting the adoption of fresh and nutritious ready-to-cook meals; hence, the demand for easy-to-cook packaging is rising. Due to time constraints faced by individuals, ready-to-cook meals help the masses to manage their eating time. The continuous rise in demand for frozen, processed, and semi-processed food items with higher nutritional values by individuals is supporting the food packaging manufacturers to increase their production capacity of packaging products for diversified product categories, thereby driving the market.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe food service packaging market. The Europe food service packaging market is expected to grow at a good CAGR during the forecast period.

Europe Food Service Packaging Market Revenue and Forecast to 2028 (US$ Million)

Europe Food Service Packaging Market Segmentation

The Europe food service packaging market is segmented based on material, packaging type, application, and country. Based on material, the Europe food service packaging market is segmented into plastic, metal, and others. The plastic segment dominated the market in 2020, and the same segment is expected to be the fastest-growing segment during the forecast period. Based on packaging type, the Europe food service packaging market is segmented into flexible and rigid. The rigid segment dominated the market in 2020, and the flexible segment is expected to grow at a faster rate during the forecast period. Based on application, the Europe food service packaging market is segmented into beverages, prepared meals, fruits and vegetables, bakery and confectionery, dairy products, and others. The prepared meals segment dominated the market in 2020, and the dairy products segment is expected to be the fastest-growing segment during the forecast period. Based on country, the Europe food service packaging market is segmented into the UK, Germany, France, Italy, Russia, and the Rest of Europe.

Amcor PLC, Ball Corporation, BeGreen Packaging, Berry Global Inc., Graphic Packaging Holding Company, Huhtamaki, Sealed Air, Stora Enso, and WestRock Company are among the leading companies in the Europe food service packaging market.

The List of Companies - Europe Food Service Packaging Market

● Amcor PLC

● Ball Corporation

● BeGreen Packaging

● Berry Global Inc.

● Graphic Packaging Holding Company

● Huhtamaki

● Sealed Air

● Stora Enso

● WestRock Company

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Europe Food Service Packaging Market, by Material

1.3.2 Europe Food Service Packaging, by Packaging Type

1.3.3 Europe Food Service Packaging, by Application

1.3.4 Europe Food Service Packaging Market, by Country

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. Europe Food Service Packaging Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Threat of New Entrants:

4.2.2 Bargaining Power of Buyers:

4.2.3 Bargaining Power of Suppliers:

4.2.4 Competitive Rivalry:

4.2.5 Threat of Substitutes:

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Europe Food Service Packaging Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Production Capacity of Packaging Products

5.1.2 Changing Customer Preferences for High-quality and Standard Products

5.2 Market Restraints

5.2.1 Complex Nature of Supply Chain Business

5.3 Market Opportunities

5.3.1 Higher Market Attractiveness for Recycling, Reusable, and Eco-friendly Materials

5.4 Future Trends

5.4.1 Rise of Smart and Intelligent Packaging Materials in Food Industry

5.5 Impact Analysis

6. Food Service Packaging Market – Europe Analysis

6.1 Europe Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

7. Europe Food Service Packaging Market Analysis – By Material

7.1 Overview

7.2 Europe Food Service Packaging Market, By Material (2020 and 2028)

7.3 Plastic

7.3.1 Overview

7.3.2 Plastic: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

7.4 Metal

7.4.1 Overview

7.4.2 Metal: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

7.5 Others:

7.5.1 Overview

7.5.2 Others: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

8. Europe Food Service Packaging Market Analysis – By Packaging Type

8.1 Overview

8.2 Europe Food Service Packaging Market, By Packaging Type (2020 and 2028)

8.3 Rigid

8.3.1 Overview

8.3.2 Rigid: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

8.4 Flexible

8.4.1 Overview

8.4.2 Flexible: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9. Europe Food Service Packaging Market Analysis – By Application

9.1 Overview

9.2 Europe Food Service Packaging Market, By Application (2020 and 2028)

9.3 Beverage

9.3.1 Overview

9.3.2 Beverage: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9.4 Prepared Meals

9.4.1 Overview

9.4.2 Prepared Meals: Food service packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9.5 Fruits and Vegetables

9.5.1 Overview

9.5.2 Fruits and Vegetables: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9.6 Bakery and Confectionery

9.6.1 Overview

9.6.2 Bakery and Confectionery: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9.7 Dairy Products:

9.7.1 Overview

9.7.2 Dairy Products: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9.8 Others:

9.8.1 Overview

9.8.2 Others: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

10. Europe Food Service Packaging Market – Country Analysis

10.1 Overview

10.1.1 Europe: Food Service Packaging Market, by Key Country

10.1.1.1 Germany: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 Germany: Food Service Packaging Market, by Material

10.1.1.1.2 Germany: Food Service Packaging Market, by Packaging Type

10.1.1.1.3 Germany: Food Service Packaging Market, by Application

10.1.1.2 France: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 France: Food Service Packaging Market, by Material

10.1.1.2.2 France: Food Service Packaging Market, by Packaging Type

10.1.1.2.3 France: Food Service Packaging Market, by Application

10.1.1.3 Italy: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 Italy: Food Service Packaging Market, by Material

10.1.1.3.2 Italy: Food Service Packaging Market, by Packaging Type

10.1.1.3.3 Italy: Food Service Packaging Market, by Application

10.1.1.4 United Kingdom: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 United Kingdom: Food Service Packaging Market, by Material

10.1.1.4.2 United Kingdom: Food Service Packaging Market, by Packaging Type

10.1.1.4.3 United Kingdom: Food Service Packaging Market, by Application

10.1.1.5 Russia: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 Russia: Food Service Packaging Market, by Material

10.1.1.5.2 Russia: Food Service Packaging Market, by Packaging Type

10.1.1.5.3 Russia: Food Service Packaging Market, by Application

10.1.1.6 Rest of Europe: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of Europe: Food Service Packaging Market, by Material

10.1.1.6.2 Rest of Europe: Food Service Packaging Market, by Product Type

10.1.1.6.3 Rest of Europe: Food Service Packaging Market, by Application

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

11.4 Merger and Acquisition

12. Company Profiles

12.1 Amcor PLC

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Berry Global Inc.

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Huhtamaki

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 WestRock Company

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Sealed Air

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Ball Corporation

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Graphic Packaging Holding Company

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 BeGreen Packaging

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Stora Enso

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

13. Appendix

13.1 About the Insight Partners

13.2 Glossary

LIST OF TABLES.

Table 1.             Europe Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             Germany Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)

Table 3.             Germany Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)

Table 4.             Germany Food Service Packaging Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 5.             France Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 6.             France Food Service Packaging Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)

Table 7.             France Food Service Packaging Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 8.             Italy Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)

Table 9.             Italy Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)

Table 10.          Italy Food Service Packaging Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 11.          United Kingdom Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)

Table 12.          United Kingdom Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)

Table 13.          United Kingdom Food Service Packaging Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 14.          Russia: Food Service Packaging Market, by Material– Revenue and Forecast to 2028 (USD Million)

Table 15.          Russia: Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)

Table 16.          Russia: Food Service Packaging Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 17.          Rest of Europe Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 18.          Rest of Europe Food Service Packaging Market, by Product Type– Revenue and Forecast to 2028 (USD Million)

Table 19.          Rest of Europe Food Service Packaging Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 20.          Glossary of Terms

The List of Companies - Europe Food Service Packaging Market

● Amcor PLC

● Ball Corporation

● BeGreen Packaging

● Berry Global Inc.

● Graphic Packaging Holding Company

● Huhtamaki

● Sealed Air

● Stora Enso

● WestRock Company

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe food service packaging market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Europe food service packaging market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the food service packaging market as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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