Europe EVOH Resins Market

Market Introduction

EVOH resins are used in the form of films, trays, bottles, etc., in packaging applications in the food and beverages sector. The Europe EVOH resins market for food application has been segmented on the basis of application, end-use, and country.

Europe EVOH Resins Strategic Insights

Strategic insights for the Europe EVOH Resins provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe EVOH Resins Report Scope

Europe EVOH Resins Regional Insights

The geographic scope of the Europe EVOH Resins refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Europe EVOH Resins Strategic Insights

Strategic insights for the Europe EVOH Resins provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe EVOH Resins Report Scope

Europe EVOH Resins Regional Insights

The geographic scope of the Europe EVOH Resins refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The Europe EVOH resins market for food application was valued at US$ 169.74 million in 2021 and is projected to reach US$ 221.98 million by 2028; it is expected to grow at a CAGR of 4.6% from 2022 to 2028.

The people spend a large number of hours on work; moreover, some of them have been engaged in multiple jobs due to the financial crisis faced during the COVIS-19 pandemic. As a result, the dependence on ready-to-eat or ready-to-cook meals and on-the-go packaged foods has increased in Europe in the last few years, which triggered the demand for sustainable packaging materials, such as EVOH resins. EVOH has excellent transparency and glossiness that help enhance the aesthetics of the final product. Further, it is environment-friendly and recyclable. EVOH finds its application in the packaging of many products, such as meat, baby food, and beverages. EVOH packaging has antistatic properties, which hinder the settling of atmospheric dust particles on the package surfaces, thereby preventing fungal or bacterial growth that can spoil the natural aroma and taste of products. The increasing preference for customer-friendly, sustainable, and flexible packaging that prolongs the shelf life of products is expected to propel the demand for EVOH resin packaging in European countries.

Market Segments

Based on application, the Europe EVOH Resins market for food application is segmented into films, trays, bottles, bag-in box, and others. In 2021, the films segment held the largest share of the market. EVOH resins are flexible, crystal clear, and glossy thermoplastic copolymers, having excellent flex-crack resistance, and high hydrocarbon, oil, and organic solvent resistance. EVOH films exhibit good barrier properties against oxygen, carbon dioxide and other gases, which makes them especially suitable for the packaging of food and other perishable or delicate products to extend their shelf lives. Moreover, EVOH film ensures barrier properties up to 80% against moisture and relative humidity.

Based on end use, the Europe EVOH resins market for food application is segmented into bakery and confectioneries; beverages; sauces and dressings; meat, poultry, and seafood; RTE foods and meals; and others. A rise in the popularity of international cuisines, coupled with flavorful ethnic sauces; increasing demand for sauces, dressings, and condiments; and a shift in consumer diet preferences and consumption patterns toward healthy and nutritional food accelerate the demand for packaging materials. Packaging of meat is critical, especially when it comes to fresh meat. Fresh meat, poultry, and seafood are perishable, and may lose weight due to dehydration, which may result in high decay rates. Using EVOH as a packaging material barrier extends the shelf life of such perishable products.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Europe EVOH resins market for food application are paid databases (Factiva), publications, Hoovers, investor presentations, newsletter, sec archives, and annual reports, along with other information available in public domain. Kuraray Europe GmbH, Nippon Gohsei (UK) Limited, Kureha Europe B.V., Chang Chun Group, Eval Europe NV, Soarus L.L.C. (Mitsubishi Chemical Europe GmbH), Schur Flexibles GmbH, Gantrade Corporation, The Compound Company BV, and Soarnol are among the major players operating in the Europe EVOH resins market for food application.

Reasons to Buy Report

• Progressive trends in the EVOH resins industry in Europe, with a special focus on food applications, to help players develop effective long-term strategies
• Business growth strategies adopted by developed and developing markets
• Quantitative analysis of the Europe EVOH resins for food application from 2020 to 2028
• Estimation of the demand for EVOH resins in food applications in Europe
• Recent developments to understand the competitive market scenario
• Market trends and outlook along with factors driving and restraining the growth of the Europe EVOH resins market for food application
• Assisting in decision-making process by understanding strategies that underpin commercial interest with regard to EVOH resins for food application in Europe
• Europe EVOH resins market for food application size at various nodes of market
• Detailed overview and segmentation of the Europe EVOH resins market for food application as well as its industry dynamics
• Size of the Europe EVOH resins market for food application with promising growth opportunities

Europe EVOH Resins Market for Food Application, by Country

• Germany
• France
• Italy
• The UK
• Russia
• Spain
• Rest of Europe