Europe compostable packaging market is projected to register a healthy CAGR in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.
Market Segmentation:
Europe Compostable Packaging Market By Product Type (Bags, Trays, Cups, Plates, Films, Lids, Straws, Cutlery, Bowls, Clamshells, Pouches & Sachets, Others), Material (Plastic, Paper & Paperboard, Others), Packaging Layer (Primary Packaging, Secondary Packaging, Tertiary Packaging), Distribution Channel (B2B, Supermarkets/Hypermarkets, Departmental Stores, Convenience Stores, Specialty Stores, E-commerce, Others), End-User (Food & Beverages, Medical, Automotive, Electrical & Electronics, Agriculture, Textile Goods, Personal & Home Care, Chemical, Others), Country (Germany, France, U.K., Italy, Russia, Spain, Switzerland, Belgium, Netherlands, Turkey, Rest of Europe), Market Trends and Forecast to 2027
Some of the major factors contributing to the growth of the Europe compostable packaging market:
- Increasing demand of packaging in pharmaceutical industry
- Increasing demand of environmental friendly products among consumers
Market Players:
The key market players for Europe compostable packaging market are listed below:
- International Paper
- Smurfit Kappa
- Mondi
- BASF SE
- Futamura Group
- Stora Enso
- WestRock Company
- Amcor plc
- NatureWorks LLC