The European packaging industry is anticipated to at a considerable CAGR during the forecast period. Resource efficiency; R&D and innovation; social dialogue; sustainability and adaptation are the key pillars of the growing packaging industry in the region. The presence of stringent government regulations regarding the use of harmful packaging material is mounting pressure on brand owners and retailers to reduce the environmental impact of packaging and move towards more sustainable packaging. 

Moreover, the single-use packaging has increasingly become the target for specific sustainability measures, both with brands’ corporate citizenship goals and government regulations. The increase in demand for smart & intelligent packaging is promoting the players operating the regional packaging industry to adopt such technologies to enhance the shelf appeal of products by allowing interfacing with the Internet via a consumer’s smartphone. The high disposable income, rising internet penetration, and high demand for innovative packaging solutions are among the primary factors that are promoting the regional packaging industry. 

The packaging industry is segmented on the basis of material type and end-user vertical. Based on the material type, the industry is segmented into plastic, metal, paper, and glass. Based on end-user vertical, the market is segmented into food, beverage, healthcare, cosmetics & personal care, industrial, and others (household items). Food packaging is anticipated to hold major market share based on end-user vertical. The huge market for the packaged food items due to working conditions is a major aspect driving the food packaging segment during the forecast period. 

Amcor Plc, Ardagh Group S.A., Smurfit Kappa Group PLC, Tetra Pak International S.A., Ball Corp., Berry Global Inc., CPMC Holdings Ltd., DS Smith PLC., H. and Hamburger Containerboard GmbH, among others are the key players operating in the Europe packaging industry. The presence of key market players in the region along with their motive to produce high-end packaging solutions is a key factor contributing to the high share of the market in the region. These players operating in the market are adopting several innovative packaging technologies to thrive in the market place. 

Research Methodology

The market study of the European packaging industry is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. European Packaging Industry Research and Analysis by Material Type
2. European Packaging Industry Research and Analysis by End-User Vertical

The Report Covers

• Comprehensive research methodology of the European packaging industry.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the European packaging industry.
• Insights about market determinants which are stimulating the European packaging industry.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.