Europe Flexible Packaging Market - Industry Analysis, Growth, Demand, Share, & Forecast To 2027

Demand for lightweight products, changing lifestyle of people, and innovation in the flexible packaging techniques in Europe have been the main drivers of the flexible packaging market. Flexible packaging has high barrier capacity as compared to the other packaging. Flexible packaging provides the longer shelf life for the products and it is the best solution for the packaging of the products. Flexible packaging can effectively protect the products from the external environments. This factor is particularly more important for the food and pharmaceutical industries, where the quality of the product is the important factor. Many manufacturers is now moving forwards to the flexible packaging as it can give the most effective packaging, also it is the cost effective method of the packaging and other than that it can reduce the cost of production of the manufacturers in any industry. Growth of the e-commerce sector in the Germany, will lead to the growth of the flexible packaging market in Europe region. Most of the people now prefer the online shopping; flexible packaging is very useful to protect the products during the transportations. The various materials which are used in the flexible packaging, provides the better protection to the products. The industries in Europe acquire systems that have less impact on the environment. Growing pharmaceutical technology and transportation activities will lead to the potential growth in flexible packaging market in Europe region. The European flexible packaging market is segmented into the six major countries namely; Germany, France, UK, Italy, Spain, and Russia. According to the report title, “Europe Flexible Packaging Market Outlook, 2027”, publish by Actual research, the market was value at around USD 54.81 Billion in 2021 and it is anticipated to grow with the CAGR of more than 3%from 2022 to 2027. Germany covers the largest portion of the flexible packaging market in the European region. The growing urban population, changing lifestyles, and demand for ready-to-eat meals will lead to the high growth of the flexible packaging market. Other countries, like the United Kingdom and Spain, are also growing in the flexible packaging market. Businesses are nowadays investing more in the flexible packaging market to provide more innovative products to their consumers.

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According to the report, based on material type, the market is segmented into plastic, paper, aluminum foil, and other materials. Plastic is the most usable segment in the European flexible packaging market. The demand for plastic packaging continues to rise in Europe because of consumer behavior trends, such as the growth in the use of convenience products and the increasing use of plastic for effective packaging and shelf life of products. Based on the application, the market is segmented into food, beverage, pharmaceuticals, personal care, and others. The food segment covers the major portion of the flexible packaging market in the European region. The food industry's share of the flexible packaging market is estimated to cover more than 35% of the market share in the European region. In the food industry, characteristics such as convenience, sustainability, transparency, food safety, and reduction in food waste are influencing the flexible packaging market in the European region. Based on the packaging type, the market is segmented into bags, wraps, pouches, sachets, blisters, and roll stock. Pouch packaging is the most preferred packaging type in the European flexible packaging market. Pouches are light in weight, which results in a reduction in the cost of transportation of goods. COVID-19 Impact: Firstly, because of COVID-19, the export activities of the region are largely affected. The COVID-19 pandemic resulted in a growing demand for flexible packaging in the European region. The need for longer shelf life led to the adoption of flexible packaging over rigid packaging in the region. Technological progress in flexible packaging and supporting activities of the government and food chain supply in the region positively impacted the flexible packaging market. Major Companies present in the market: Amcor Plc, Berry Global Group Inc., Mondi Group, Sealed Air Corporation, Constantia Flexibles, Coveris Holding SA, Transcontinental Inc., HuhtamäkiOyj, Sonoco Products Company, Ahlstrom-MunksjöOyj, Greif, Inc., Westrock Company, AptarGroup, Inc., FlexPak Services LLC, Al Invest Bridlicnaa.s., Aran Group., Alubergs.p.a., Danaflex Group, Bischof + Klein SE & Co. KG, Glenroy, Inc., Clondalkin Group Holdings BV, ProAmpac Intermediate, Inc.

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Kripa Shah

Senior Analyst

Considered in this report • Geography: Europe • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Europe Flexible Packaging market with its value and forecast along with its segments • Country-wise flexible packaging market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Countries covered in the report • Germany • UK (United Kingdom) • France • Italy • Spain • Russia

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Types of Material in the report: • Plastic • Paper • Aluminum Foil • Others By End-Use in the report: • Food • Beverages • Pharmaceuticals • Personal care • Others Types of Packaging in the report: • Bags • Wraps • Pouches • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to flexible packaging industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Key Words: Europe, UK, Italy, France, Germany, Spain, Russia, Flexible Packaging, Paper packaging, Plastic packaging, Aluminum foil packaging, Cold chain, Beverages, Food, Chemicals, Pharmaceuticals, Healthcare, Personal care, Bags, pouches, Wraps, Sachets, Blisters, Roll stock. This report would help you answer the following questions: 1. What is the market size of Europe flexible packaging market in 2021? 2. Which application segment is leading the market? 3. What are the different types of packaging use in flexible packaging? 4. What is the impact of covid-19 on the Europe flexible packaging market? 5. At what rate the Europe flexible packaging market will grow in forecast period?