The European packaging industry is anticipated to exhibit a considerable CAGR during the forecast period (2020-2026). The packaging is a critical process in the production and sale of different products. Innovation in packaging technology is therefore considered to be a key aspect to drive the growth of the packaging industry market across the region. The imposing restrictions on the high usage of single-use plastics owing to its harmful impact on the environment is bringing adoption of recyclable packaging materials. In February 2020, at Packaging Innovation 2020, Coveris had launched the most easily recycled sandwich packaging as part of its roadmap to recyclability development strategy.
Browse the full report description European Packaging Industry Size, Share & Trends Analysis Report by Material Type (Plastic, Metal, Paper, Glass) by End-User Vertical (Food, Beverage, Healthcare, Cosmetics & Personal Care, Industrial, Others) Forecast Period (2020-2026) at https://www.omrglobal.com/industry-reports/european-packaging-industry
In July 2020, Danone’s Evian brand had launched a new and innovative bottle for its mineral water that is label-free, made from 100% recycled PET (apart from the cap), and is fully recyclable. In March 2018, Macfarlane Packaging, a major distributor of packaging materials across Europe had unveiled innovative protective packaging solutions at Packaging Innovations. The innovative protective packaging solution comprised of intercept, smart preservation, and packaging solution which provides corrosion protection for up to 15 years, even under extreme conditions; Stretch wrap solutions that can deliver less material usage and reduced carbon footprint; and Recyclable products such as Geami, Gummed Paper Tape and Paper systems to enhance the customer experience related to the product packaging.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
European Packaging Industry Market report Segment
By Material Type
By End-User Vertical
European Packaging Industry Market report Segment
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