Germany consumer packaging market is estimated to grow at a CAGR 4.2% during the forecast period. Increasing demand for carton packaging is encouraging the growth of the market. As per the German Packaging and Environment Association (AGVU), nearly 43% of paper production in Germany goes into packaging. This represents significant demand for carton packaging in end-use industries, as it keeps products safe during long-distance transit, shipping, and are lightweight, cost-effective, easily available, and can be molded into any type of shape. The use of carton boxes has always been cost-effective for brands and manufacturers and is also the extended running tool for packaging. Therefore, it is essential that brands go for carton producers that can implement these advantages into the design and further add more relevance to the package.
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In addition, carton packaging offers the best recycling opportunities than any other packaging material. Other major driving factors in the market include growth in the e-commerce industry and significant plastics production in the country. As per the Germany Trade & Invest (GTAI), the gross sales of e-commerce goods increased by 11.4% year-on-year to nearly $74.8 billion in 2018. This placed Germany in fifth place in the e-commerce industry globally, after China, the US, Japan, and Great Britain, respectively. The e-commerce industry is also a major user of carton packaging for the protection of products along their journey and is the perfect package to deliver consumer e-commerce purchases.
Scope of the Germany Consumer Packaging Market
Market Coverage
Recent Developments in the Germany Consumer Packaging Market
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected country/segment
Germany Consumer Packaging Market-Segmentation
By Material
By End-User
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