Europe Sustainable Packaging Market Summary, Competitive Analysis and Forecast to 2028
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Sustainable Packaging in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
– Sustainable packaging refers to the use of packaging materials that minimize environmental impact throughout their life cycle. These packaging materials are sourced from renewable resources and are designed to facilitate recyclability or composability.
– The European sustainable packaging market had total revenues of $1,07.1 billion in 2023, representing a compound annual growth rate (CAGR) of 3.1% between 2018 and 2023.
– Market consumption volume increased with a CAGR of 1% between 2018 and 2023, to reach a total of 168.6 million Metric Tonnes in 2023.
– The growth in the European sustainable packaging market is influenced by several macroeconomic factors, such as the increasing global population, increasing disposable income, increase in e-commerce activities, rising concerns about climate change along with the influence of strict government regulations and consumer awareness. For instance, according to GlobalData, the gross household disposable income increased by 7.1% in 2023.
Scope
– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the sustainable packaging market in Europe
– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the sustainable packaging market in Europe
– Leading company profiles reveal details of key sustainable packaging market players’ global operations and financial performance
– Add weight to presentations and pitches by understanding the future growth prospects of the Europe sustainable packaging market with five year forecasts
Reasons to Buy
– What was the size of the Europe sustainable packaging market by value in 2023?
– What will be the size of the Europe sustainable packaging market in 2028?
– What factors are affecting the strength of competition in the Europe sustainable packaging market?
– How has the market performed over the last five years?
– What are the main segments that make up Europe's sustainable packaging market?
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Frequently asked questions
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