Europe Biodegradable Paper and Plastic Packaging Market is Expected to Grow at 7.8% CAGR in the Forecast Period

Europe Biodegradable Paper and Plastic Packaging Market is forecasted to grow at 7.8% CAGR with factors such as rising advancement and innovations in biodegradable paper and plastic packaging.

Europe biodegradable paper and plastic packaging market has shown an exceptional penetration in countries such as Germany, France, and the U.K. In the European region, the production of cost-effective biodegradable packaging products is expected to create opportunities for the market.

According to Data Bridge Market Research, the Europe biodegradable paper and plastic packaging market in Germany has the highest market share, followed by France and the U.K. The market leader is Smurfit Kappa which accounts for an estimated market share of approximately 14.84% in the Europe biodegradable paper and plastic packaging market. The company has gained outstanding sales through innovative biodegradable paper and plastic packaging products for several end users.

For instance,

• In October 2021, Smurfit Kappa Bag-in-Box introduced a new and more sustainable version of its highly regarded Vitop tap, the new Vitop Renew, made from bio-based PP resins. This innovative development now combines an approach already taken with the bag inside the box, manufactured of E-recycled film EVOH, containing raw materials issued from plastic chemical recycling. This means the new bags are composed of 53% recycled and renewable content

Trends Impacting the Market

Now the question is which other regions Smurfit Kappa, DS Smith, and Tetra Pak are targeting? Data Bridge Market Research has forecasted a large growth in the Germany biodegradable paper and plastic packaging market and the market leaders targeting France and U.K. to be their next revenue pockets for 2022.

Europe biodegradable paper and plastic packaging market is becoming more competitive every year with companies such as Smurfit Kappa, DS Smith, Tetra Pak, as they are the market leaders for Biodegradable Paper and Plastic Packaging. The data bridge market research reports highlight the major growth factors and opportunities in the Europe biodegradable paper and plastic packaging market.

Europe Biodegradable Paper and Plastic Packaging Market Development

• In December 2021, DS Smith continued its environmental education project with schools in Zărnești in partnership with the Brașov County School Inspectorate. The educational project, launched last year, aims to familiarise school pupils with concepts such as recycling, environmental protection, and the importance of a circular economy

Scope of the Europe Biodegradable Paper and Plastic Packaging Market

Europe biodegradable paper and plastic packaging market is segmented based on countries into Germany, U.K., Italy, France, Spain, Switzerland, Russia, Turkey, Belgium, Netherlands and Rest of Europe. All country-based analysis of the market is further analyzed based on further segmentation.

• On the basis of packaging type, the Europe biodegradable paper and plastic packaging market is segmented into paper and plastics. On the basis of product, the Europe biodegradable paper and plastic packaging market is segmented into straws, bags, baking sheets, paper plates, clamshell sandwich containers, portion cups, trays, cutlery, bowls, pouches and sachets, lidded, and others. On the basis of usage, the Europe biodegradable paper and plastic packaging market is segmented into single-use and reusable.
• On the basis of distribution channel, the Europe biodegradable paper and plastic packaging market is segmented into e-commerce, supermarkets/hypermarkets, convenience stores, specialty stores, and others. On the basis of application, the Europe biodegradable paper and plastic packaging market is segmented into food packaging, beverage packaging, pharmaceuticals packaging, personal & home care packaging, electronic appliance packaging, and others.
  

Key Pointers Covered in Europe Biodegradable Paper and Plastic Packaging Market Industry Trends and Forecast to 2029

• Market Size
• Market Standards and Changes
• Market Trials in Different Regions
• Market Requirements in Different Regions
• Sales Data for Market Competitors
• Key Vendors and Disruptors Study
• Supply Chain Competitiveness

Key Market Competitors Covered in the Report

• OSQ
• Stora Enso
• Sonoco Products Company
• Tetra Pak
• Eurocell srl
• Hoşgör Plastik

Research Methodology: Europe Biodegradable Paper and Plastic Packaging Market

Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.

The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of Europe, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

• Demand Side: Manufacturers and Industrial Professionals
• Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others

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