Packaging Industry In Italy Market 2021-2026 Country Level Analysis, Current Trade Size And Future Prospective | Tetra Pak International SpA, Smurfit Kappa Italia SpA, Wipak Bordi SRL

Packaging Industry In Italy - Growth, Trends, And Forecast (2020 - 2025)

The report presents an in-depth assessment of the Packaging Industry In Italy including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Packaging Industry In Italy investments from 2019 till 2024.

The Packaging Industry In Italy was valued at USD 9.57 billion in 2019 and is expected to reach USD 11.99 billion by 2025, at a CAGR of 3.6% over the forecast period 2020- 2025.

The Packaging Industry In Italy market is highly competitive and consists of a number of major players. Top Companies like Tetra Pak International SpA, Smurfit Kappa Italia SpA, Wipak Bordi SRL, DS Smith Packaging Italia SpA, Rotofil SRL, Plastipak Italia SRL, Amcor Flexibles Italia SRL, Mondi Italia SRL, Sealed Air Italy SRL, Alfincart SRL among others

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Industry News:

- May 2019 - Amcor Limited and Bemis Company, Inc. announced that regulatory clearance has been received from the US Department of Justice in relation to the combination of the two companies. A condition of this approval is the previously announced sale of certain Amcor assets located in the US to Tekni-Plex, Inc.
- February 2019 - Amcor Limited launched Genesis, a new in-store recyclable laminate solution. Targeting at a wide range of segments, including fresh fruits and vegetables, frozen food, dried fruits, nuts, confectionery, chilled goods, and pet food. The product is adaptable to a variety of packaging types and is appropriate for specific medical, home, and personal care markets.
- January 2019 - Amcor Limited and Danone partnered to develop a new package for its new all-natural spoonable yogurt sold in Argentina. The new PET jar supports the 100% natural positioning of Danones La Serensimas yogurt, with featured engraving, a finely finished base, and a body-wrap label.                           

Scope of the Report

Increase in the innovation in the packaging process majorly focuses on easily recyclable materials that attain favor across the region due to the growing consumer desire to recycle the majority of the waste materials across the packaging industry in Italy thereby helping the industries in further development across the packaging sector. The study covers the packaging material, type in the study along with the major end-user industry. The market growth in the first half of 2017, in Italy was driven by various government regulations poised by the Italian government, such as regulation for packaging materials favoring recycled plastic through a tax reduction. Such initiatives by the Italian government are expected to help in the overall progress across the packaging industry over the forecast period.

Key Market Trends

Plastic Packaging to Hold Significant Market Share

- The demand for plastic packaging is expected to increase moderately in this region as there is not much fluctuation expected in the GDP over the forecast period. Though Italy ranks after the UK, Germany in the market, according to Istat (the Italian National Institute of Statistics), the annual turnover of the manufacture of plastic products in Italy rose from EUR 30.96 billion in 2010 to EUR 32.12 billion in 2015. These are the fundamental factors impacting the growth of the plastic packaging market in the country.
- Owing to the rising demand for consumer goods in the country is pushing the growth for plastic packaging. Further, the increase in retail and e-commerce sales are also driving the need for packaging. In response to this megatrend, the flexible packaging solutions being increasingly used that delivers the ultimate protection for these products which encourages the use of plastics for packaging as it can meet diverse packaging needs from electronic components to shelf-able packaging for food products, making plastics the preferred form of packaging.
- According to the Association for Plastic Manufacturers, Italy in 2017 stood 2nd by accounting for 14.2% of the total European demand for plastic converter after Germany with 24.5% followed by France, Spain, UK, and Poland. The FMCG sector is expected to bolster the demand for flexible solutions further, by ensuring wide adoption in the food & beverage, retail, and healthcare sectors.

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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Packaging Industry In Italy Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

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The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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