Europe Food Service Packaging Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

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)


No. of Pages: 144    |    Report Code: TIPRE00009824    |    Category: Chemicals and Materials

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Europe Food Service Packaging Market
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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)

Europe Food Service Packaging Market Revenue and Forecast to 2028 (US$ Million)
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Europe Food Service Packaging Strategic Insights

Strategic insights for the Europe Food Service Packaging 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.

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Europe Food Service Packaging Report Scope

Report Attribute Details
Market size in 2021 US$ 18,804.74 Million
Market Size by 2028 US$ 25,719.65 Million
Global CAGR (2021 - 2028) 4.6%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Material
  • Plastic
  • Metal
By Packaging Type
  • Flexible and Rigid
By Application
  • Beverages
  • Prepared Meals
  • Fruits and Vegetables
  • Bakery and Confectionery
  • Dairy Products
Regions and Countries Covered Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Market leaders and key company profiles
  • Amcor PLC
  • Ball Corporation
  • BeGreen Packaging
  • Berry Global Inc.
  • Graphic Packaging Holding Company
  • Huhtamaki
  • Sealed Air
  • Stora Enso
  • WestRock Company
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    Europe Food Service Packaging Regional Insights

    The geographic scope of the Europe Food Service Packaging 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.

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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. 

    The List of Companies - Europe Food Service Packaging Market

    1. Amcor PLC
    2. Ball Corporation
    3. BeGreen Packaging
    4. Berry Global Inc.
    5. Graphic Packaging Holding Company
    6. Huhtamaki
    7. Sealed Air
    8. Stora Enso
    9. WestRock Company  
    Frequently Asked Questions
    How big is the Europe Food Service Packaging Market?

    The Europe Food Service Packaging Market is valued at US$ 18,804.74 Million in 2021, it is projected to reach US$ 25,719.65 Million by 2028.

    What is the CAGR for Europe Food Service Packaging Market by (2021 - 2028)?

    As per our report Europe Food Service Packaging Market, the market size is valued at US$ 18,804.74 Million in 2021, projecting it to reach US$ 25,719.65 Million by 2028. This translates to a CAGR of approximately 4.6% during the forecast period.

    What segments are covered in this report?

    The Europe Food Service Packaging Market report typically cover these key segments-

    • Material (Plastic, Metal)
    • Packaging Type (Flexible and Rigid)
    • Application (Beverages, Prepared Meals, Fruits and Vegetables, Bakery and Confectionery, Dairy Products)

    What is the historic period, base year, and forecast period taken for Europe Food Service Packaging Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Food Service Packaging Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in Europe Food Service Packaging Market?

    The Europe Food Service Packaging Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Amcor PLC
  • Ball Corporation
  • BeGreen Packaging
  • Berry Global Inc.
  • Graphic Packaging Holding Company
  • Huhtamaki
  • Sealed Air
  • Stora Enso
  • WestRock Company
  • Who should buy this report?

    The Europe Food Service Packaging Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Europe Food Service Packaging Market value chain can benefit from the information contained in a comprehensive market report.