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)
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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.
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
LIST OF FIGURES
Figure 1. Europe Food Service Packaging Market Segmentation
Figure 2. Europe Food Service Packaging Market Segmentation – By Country
Figure 3. Europe Food Service Packaging Market Overview
Figure 4. Europe Food Service Packaging Market, By Material
Figure 5. Europe Food Service Packaging Market, By Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Ecosystem: Europe Food Service Packaging Market
Figure 8. Expert Opinion
Figure 9. Europe Food Service Packaging Market Impact Analysis of Drivers and Restraints
Figure 10. Europe Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe Food Service Packaging Market Revenue Share, By Material (2020 and 2028)
Figure 12. Europe Plastic: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 13. Europe Metal: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. Europe Others: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Europe Food Service Packaging Market Revenue Share, By Packaging Type (2020 and 2028)
Figure 16. Europe Rigid: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 17. Europe Flexible: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Europe Food Service Packaging Market Revenue Share, By Application (2020 and 2028)
Figure 19. Europe Beverage: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Europe Prepared Meals: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Europe Fruits and Vegetables: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 22. Europe Bakery and Confectionery: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 23. Europe Dairy Products: Food service packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Europe Others: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 25. Europe: Food Service Packaging Market, by Key Country – Revenue (2020) (US$ Million)
Figure 26. Europe: Food Service Packaging Market Revenue Share, by Key Country (2020 and 2028)
Figure 27. Germany: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. France: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. Italy: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. United Kingdom: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. Russia: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of Europe: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
- Amcor PLC
- Ball Corporation
- BeGreen Packaging
- Berry Global Inc.
- Graphic Packaging Holding Company
- Huhtamaki
- Sealed Air
- Stora Enso
- WestRock Company
- 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