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Europe Aseptic Packaging Market Forecast 2021-2028

The Europe aseptic packaging market is evaluated to project a CAGR of 8.34%, across the forecast years of 2021 to 2028. Factors such as, the growing focus on using lightweight materials, the rising environmental concerns, and the use of recyclable plastic materials for packaging applications, are attributed to the region's market growth.

The Europe aseptic packaging market growth is determined by assessing Poland, the United Kingdom, Belgium, Russia, France, Germany, Italy, and the rest of Europe. In France, the steadily growing market is influenced by transitioning demographics as well as factors, such as, increased employment rates and urbanization. This aspect has an evident impact on the country's consumer purchasing habits and spending potential. As a result, owing to these changes, France continues to observe a growing trend in the need for new packaging types, like convenience packaging, smaller single-serve packs, and affordable multi-packs. Similarly, flexible packaging and rigid plastic lead the market, particularly in terms of packaging materials.
Italy's packaging industry is fueled by numerous trends prevalent in the market. For instance, the increased standard of living, integrated with the rise in personal disposable income, propels the consumption across various products. Moreover, surging environmental awareness and concerns result in the adoption of small-pack sizes, which is both convenient and advantageous for customers. These packs are also eco-friendly, in the long run. Hence, these factors are anticipated to supplement market growth, over the forecast period.

Some of the leading companies operating in the market are, Mondi PLC, Tetra Laval International SA, SIG Combibloc Group AG, DS Smith PLC, Smurfit Kappa Group PLC, etc.

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Europe Aseptic Packaging Market Forecast 2021-2028
Published By :Inkwood Research
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