Dublin, May 21, 2020 (GLOBE NEWSWIRE) -- The "Flexible Packaging Market in Europe - Industry Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The Europe flexible packaging market size is expected to grow at a CAGR of over 4% during the period 2019-2025.

The European flexible packaging market is likely to grow on account of fast economic growth and high disposable incomes during the forecast period. The competitive edge lies with vendors that have technologically advanced equipment and can deliver on aseptic, retort, anti-counterfeit, and child-resistant packaging. The healthy growth of end-users, such as coffee, pet food, and fresh foods, has driven production higher. The demand from Western Europe, which is considered as the mature market with high disposable personal incomes, has been high for flexible packing.

Similarly, the demand from Eastern Europe is expected to increase during the forecast period on account of an increase in the purchasing power of customers. In the aftermath of the COVID-19, the global flexible packaging market growth is expected to witness a supply chain disruption on account of the voluntary shutdown of factories or authorities enforced lockdown. And Europe seems no exception. Almost 70% of the demand in Europe comes from the food and beverage segment. The luxury personal goods sector, home care applications, oils & lubricants, and other non-food sectors are expected to witness a decline in the Q2 and Q3, 2020.

The following factors are likely to contribute to the growth of the Europe flexible packaging market during the forecast period:

• Increased Focus on Sustainable Flexible Packaging
• Increase in Adoption of Flexible Packaging over Rigid Packaging
• Growth in the E-commerce Industry
• Demand for Lightweight Products

Key Market Insights

• Offers sizing and growth prospects of the market for the forecast period 2020-2025.
• Provides comprehensive insights on the latest industry trends, forecast, and growth drivers in the market.
• Includes a detailed analysis of growth drivers, challenges, and investment opportunities.
• Delivers a complete overview of segments and the regional outlook of the market.
• Offers an exhaustive summary of the vendor landscape, competitive analysis, and key strategies to gain competitive advantage.

The study considers the present scenario of the European flexible packaging market and its market dynamics for the period 20192025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.

Europe Flexible Packaging Market Segmentation

This research report includes a detailed segmentation by material, application, product, printing, end-user, and geography. The food industry is the major driver for flexible plastic packaging in Europe. An increasing number of food and beverage manufacturers are turning to flexible packing to add convenience and improve the consumer experience. These pouches also provide 99% product evacuation compared to rigid. Flexible plastic has been increased in application due to its durability, low weight, cost-effectiveness, and easy handling. Also, it uses less energy during the production process. Hence, the growing need for convenience and product safety among consumers is driving demand growth for the segment.

Flexible paper packaging has a wide application in the healthcare sector and the tobacco and CPG packaging industry. Paper laminates offer reduced weight and have over 50% of the recycled rate, hence, it is a more sustainable option than plastics. Paper sacks provide several purposes that are in line with the customer's packing needs and environmental sustainability. Europe accounted for over 30% of consumption in 2017 (around 4 million tons annually). The other category of papers such as wrapping paper witnessed a demand of 3.54 million tons in 2019 worldwide. The consumption of wrapping paper increased to around 890 wrapping paper in 2017 in Europe

The flexible pouch market is highly growing in various applications, particularly in the food sector. The food industry has evolved globally in terms of packaging, especially in food norms, which are related to labeling and packaging. Maintaining a clean room and hygienic facility is paramount. In this aspect, existing companies have invested in newer machinery, while the new entrants in the pouch market are starting with high-end machine installments. A significant replacement has taken place to accommodate the high-volume packing of fruits and vegetables, meat, snacks, and RTE. These are the sectors that utilize multi-barrier technology and provide higher revenue to the industry. Europe flexible packaging market is growing. The major reason for the growth is the conversion from rigid to flexible packing.

The consumer flexible packaging segment comprises a major share in the Europe flexible packaging market. The segment is increasing at a moderate pace with the increase in consumption rate and per capita income in Europe. Also, the beauty and personal care sector has an important role to play in building momentum toward a more circular economy for plastic packaging. Food and beverages, pet food, healthcare, and personal care are the major end-user of the segment.

Stretch and shrink films and FIBCs are the major industrial packaging products. Since the threat of new entrants is low, the market has witnessed the entry of several new vendors with a new technology, which focuses on protection and performance. The European market is likely to offer USP for those vendors, which offer recycled content. Industrial packaging is largely driven by bulk packaging demand from several end-users. FIBCs, shrink and stretch films, bubble wraps, air pillows, and other flexible protective products are the major products. Chemical and pharmaceutical industries accounted for more than 40% of the applications in 2019. The growth of FIBC usage during the forecast period is expected to increase on account of multiple industries adopting lightweight, sustainable, and convenient products.

Europe is mainly dependent on flexographic printing. Flexographic printing is associated with low-labor costs, low-press footprint, and less energy requirements. Flexographic is one of Europe's main printing methods and is also a growing industry. Flexographic printing growth is also driven by the growth in e-commerce, which has increased the volume of goods. Due to its wide range of applications, water-based inks hold a substantial share in the flexographic printing inks market.

The F&B industry dominates the Europe flexible packaging market. The packaging cost in the food industry accounts for 711% of the total product cost in Europe. The increasing number of quick-service restaurants and retail outlets has fueled food consumption, thereby driving packaging. However, the market growth rate was offset by high taxes and labor costs as a result of the economic slowdown in some European countries. The demand for packing is high as well as complex in the pharmaceutical and healthcare industry in Europe. Several flexible packaging formats for solid dosages (pills) and powders are present in paper and plastic flexible formats. The foil material for lidding in blister packaging is used extensively in Europe.

Key Vendors

• Amcor
• Mondi
• Sonoco
• Berry Global
• Sealed Air
• Constantia Flexibles
• Huhtamaki

Other Vendors

• RPC Group
• Permatex
• Ahlstrom
• Greif
• Westrock
• Smurfit Kappa
• Alu Flex Pack
• ProAmpac
• Wipak Group
• Saica
• Etapak
• Bischof+klein
• Innovia Films
• Uflex
• Coveris
• Alinvest
• Danaflex
• Eurofoil
• WZ Packaging
• WIPF - Innovative Packaging Solutions
• Walki
• Symetal
• Krajcar Pack
• ITP
• Gascogne Flexible
• Schur Flexibles
• Schmid and Folien
• RKW
• Pouch Partners
• Perlen Packaging
• Aran Group
• Goglio Packaging
• Aluberg
• Kleiner Flexible Packaging,
• Carcano

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of The Study
4.3.1 Market Segmentation by Geography

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance
7 Introduction
7.1 Overview
7.1.1 Key Insights
7.1.2 Plastic Pouch Driven Growth
7.2 Impact of COVID-19

8 Market Opportunities & Trends
8.1 Increased Focus on Sustainable Flexible Packaging
8.2 Increased Adoption of Flexible Packaging Over Rigid Packaging
8.3 Growing E-Commerce Industry

9 Market Growth Enablers
9.1 Longer Shelf Life & Changing Lifestyle
9.2 Processed Food & Retail Industry Expansion
9.3 Demand For Lightweight Products

10 Market Restraints
10.1 Rising Raw Material Cost
10.2 Recycling Challenges in Flexible Packaging
10.3 Competitive Marketplace

11 Market Landscape
11.1 Market Overview
11.1.1 Flexible Plastic
11.1.2 Flexible Paper
11.1.3 Foil
11.2 Market Size & Forecast
11.3 Five Forces Analysis
11.3.1 Threat of New Entrants
11.3.2 Bargaining Power of Suppliers
11.3.3 Bargaining Power of Buyers
11.3.4 Threat of Substitutes
11.3.5 Competitive Rivalry

12 By Material Type
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.2.1 Flexible Plastic
12.2.2 Flexible Paper
12.2.3 Foil
12.3 Flexible Plastic
12.3.1 Market Overview
12.3.2 Market Size & Forecast
12.3.3 PE (Polyethylene)
12.3.4 BOPP (Biaxially Oriented Polypropylene)
12.3.5 CPP (Cast Polypropylene)
12.3.6 BOPET (Biaxially-oriented Polyethylene Terephthalate)
12.3.7 PA (Polyamide)
12.3.8 PET (Polyethylene Terephthalate)
12.3.9 PVC (Polyvinyl Chloride)
12.3.10 EVOH (Ethylene-Vinyl Alcohol)
12.3.11 Others
12.4 Flexible Paper
12.4.1 Market Overview
12.4.2 Market Size & Forecast
12.5 Foil
12.5.1 Market Overview
12.5.2 Market Size & Forecast

13 By Application
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Consumer Packaging
13.3.1 Market Overview
13.3.2 Market Size & Forecast
13.4 Industrial Packaging
13.4.1 Market Overview
13.4.2 Market Size & Forecast

14 By Product
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Bags & Sacks
14.3.1 Market Overview
14.3.2 Market Size & Forecast
14.4 Pouches
14.4.1 Market Overview
14.4.2 Market Size & Forecast
14.5 Others
14.5.1 Market Overview
14.5.2 Market Size & Forecast

15 By Printing
15.1 Market Snapshot & Growth Engine (Volume)
15.2 Market Overview
15.3 Flexographic Printing
15.3.1 Market Overview
15.3.2 Market Size & Forecast (Volume)
15.4 Rotograveure Printing & Others
15.4.1 Market Overview
15.4.2 Market Size & Forecast (Volume)

16 By Consumer Flexible Packaging End-Users
16.1 Market Snapshot & Growth Engine
16.2 Market Overview
16.2.1 Food & Beverage
16.2.2 Healthcare
16.2.3 Personal Care
16.2.4 Pet Food
16.3 Food & Beverage
16.3.1 Market Overview
16.3.2 Market Size & Forecast
16.3.3 Bakery & Confectionery: Market Size & Forecast
16.3.4 Meat, Poultry, & Seafood: Market Size & Forecast
16.3.5 Dairy: Market Size & Forecast
16.3.6 RTE: Market Size & Forecast
16.3.7 Frozen Foods: Market Size & Forecast
16.3.8 Tea & Coffee: Market Size & Forecast
16.3.9 Other Foods: Market Size & Forecast
16.4 Healthcare
16.4.1 Market Overview
16.4.2 Market Size & Forecast
16.5 Personal Care
16.5.1 Market Overview
16.5.2 Market Size & Forecast
16.6 Pet Food
16.6.1 Market Overview
16.6.2 Market Size & Forecast
16.7 Others
16.7.1 Market Overview
16.7.2 Market Size & Forecast

17 By Geography
17.1 Market Snapshot & Growth Engine
17.2 Geographic Overview
17.3 Germany
17.4 France
17.5 United Kingdom
17.6 Italy
17.7 Benelux
17.8 Spain
17.9 Austria
17.10 Switzerland
17.11 Scandinavia
17.12 Other Countries

18 Competitive Landscape
18.1 Competition Overview

19 Key Company Profiles

20 Other Prominent Vendors

21 Report Summary
21.1 Key Takeaways
21.2 Strategic Recommendations

22 Quantitative Summary

23 Appendix

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