Europe Plastic Packaging Market 2022 Status and Business Outlook - Amcor PLC, Coveris Holdings, Sealed Air Corporation, RPC Group Limited (Berry Group)

The Europe Plastic Packaging Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The European Plastic Packaging Market was valued at USD 87.29 billion in 2020 and expected to reach USD 112.69 billion by 2026 and grow at a CAGR of 4.4% over the forecast period (2021 - 2026).

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Top Leading Companies of Europe Plastic Packaging Market are Amcor PLC, Coveris Holdings, Sealed Air Corporation, RPC Group Limited (Berry Group), Constantia Flexibles GmbH, Sonoco Products Company, Berry Global Inc., Huhtamaki Group, Albea SA, Quadpack Industries SA and others.

Industry News and Updates

Jun 2019 - Amcor completed its acquisition of Bemis Company Inc. The acquisition of Bemis brings additional scale, capabilities, and footprint that are likely to strengthen Amcor's industry-leading value proposition and generate significant value for shareholders.

- Oct 2019 - Coveris unveiled Duralite R, a range of next-generation shrink film that is fully recyclable, contains up to 50% of post-consumer recyclable, and an optional pre-consumer top-up material. As a part of its ongoing sustainability journey to deliver recyclable flexible packaging solutions, it covers a new shrink film that provides a fully circular solution to meet both the environmental and legislative demands of the future.

Key Market Trends

Beverage Segment is Expected to Witness Significant Growth

- The beverage industry plays an essential role in the European region. The primary factors driving the beverage industry's growth in the region include steadily increasing population and per capita income and changing lifestyle.

- Factors, such as high disposable income, ease of availability, improvement in living standards wide variety, and presence of domestic as well as international players in the market, are fueling the beverages industry in the region. For example, according to trading economics, consumer spending in Germany increased to EUR 428.5 billion in the last quarter of 2019, from EUR 419.9 billion in the last quarter of 2018.

Regional Outlook of Europe Plastic Packaging Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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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.

Analytical Tools: The Europe Plastic Packaging 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, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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