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European Fresh Food Packaging Market Worth $10,578.6 Million by 2020

The report "Europe Fresh Food Packaging Market Product Type (Vegetables & Fruits), Package material (Flexible Plastic, Paper & Board, Rigid Plastic, Metal & Others), Pack type (Flexible, Semi-Rigid & Rigid), Point of Sale (Retail & Bulk) - Trends and Forecast to 2020", published by MarketsandMarkets, The European Fresh Food Packaging Market is projected to reach USD 10,578.6 Million by 2020, with a CAGR of 2.13% from 2015 to 2020.

The market report defines and segments the European fresh food market with analysis and forecasting of the global revenues for fresh food packaging market. It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, winning imperatives, and challenges.

The market is segmented and revenues are forecasted on the basis of major countries, such as U.K., The Netherlands, France, Germany, Spain, Sweden, and Others. Further, the market is segmented and revenues are forecasted on the basis of applications.

The European Fresh Food Packaging Market is buyer-oriented. The fresh food packaging market is mostly driven by the emergence of eco-friendly packaging technologies, which are inexpensive and manufactured from recycled material. In order to achieve sustainability, these eco-friendly technologies have played a vital role.

The European Fresh Food Packaging Market is projected to reach USD 10,578.6 Million by 2020, with a CAGR of 2.13% from 2015 to 2020. After the economic slowdown, new packaging mechanisms have come up in large numbers.

The European Fresh Food Packaging Market has been growing in accordance with the packaging industry. With increasing awareness about global warming and concerns about the environment, people are opting for eco-friendly techniques of fresh food packaging, which has had an impact on the market for European fresh food packaging products.

Increasing disposable incomes of people in European countries, increasing demand for convenience food, and increasing awareness of packaged food among consumers drive the growth of the European fresh food packaging market.

The European fresh food market is marked with intense competition due to the presence of a large number of both, big and small firms. New product launches, mergers & acquisitions, and partnerships and expansions are the key strategies adopted by market players to ensure their growth in the market. The key players in the market are the key players in the European Fresh Food Packaging Market are Amcor Limited (Australia), Cover's Holdings S.A (U.S.), Smurfit Kappa (Ireland), E. I. du Pont de Nemours and Company (U.S.), Mondi Group (South Africa), Bemis Company, Inc. (U.S.), International Paper Company (U.S.), DS Smith Plc (U.K.), Ultimate Packaging (U.K.), Univeg Group (Belgium), Schur Flexibles Group (Austria), PP Global (U.K.), and Temkin International Inc. (U.S). In this report, the fresh food packaging market is segmented into product family, package material, pack type, point of sale, and country.
www.marketsandmarkets.com

 

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