Market Size of Europe Canned Food Packaging Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.30 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Canned Food Packaging Market Analysis
The European Canned Food Packaging market is estimated to register a CAGR of 6.3% during the forecast period of 2022-2027. The market is expanding due to rising demand for packaged and processed foods, improved access to a wide variety of convenient food options, rising demand for milk-based products, rising urbanization, and can capacities that are recyclable and reusable.
- Canning is a technique for keeping and preserving food that involves heating the degrading enzymes and enclosing them in an airtight container. It's a cheap method of preserving food for longer, depending on the product. Because they are free of microbial contamination and may be used to keep meals ready to eat warm, canned foods are very popular.
- The market is primarily driven by increased demand for packaged and processed foods, expansion of convenient food options, rising demand for milk-based products, urbanization on the rise, and cans' capacity to be recycled and reused. Increased availability of alternative packaging options and strict government rules regarding safe packaging are significant barriers for the canned food packaging business.
- With a population of about 447 million across 44 countries, Europe is among the leading regions for some of the world's largest events. The rising canned beverage consumption rates during various sporting events are expected to further fuel the market expansion due to their increasing levels of handling convenience. The growing demand for soft drinks and juices is also anticipated positively affect the canned food market.
- Furthermore, the search for new can-based packaging concepts across the European region has been fueled by climate change and the rising warming of the planet. Businesses involved in packaging are emphasizing eco-friendly packaging more and more. Changing consumer preferences and a shortage of fresh items throughout the difficult winter months are among the other major factors driving the market growth.
- Additionally, the preference for canned dinners among the working population is another factor driving regional market expansion. The importance of health and wellness among people is increasing, and the markets in Germany, the UK, and Russia are expanding quickly. These factors all contribute to the expansion of the regional market.
- However, the European Commission regulation establishes maximum levels for several contaminants in food products. This regulation is frequently altered, which may create challenges for the vendors operating in the market. In addition to the limitations specified for basic commodities, there are various contamination limits for multiple goods. There is only one substantial limit for canned goods on the inorganic tin (maximum 200 mg/kg).
- The outbreak of COVID-19 had a notable impact on the European, canned food packaging market. Since the COVID-19 pandemic, people have become more concerned with hygiene, additives, freshness, and sustainability, paying more attention to how their food is packaged and to the information on the packaging, which positively impacts the canned food packaging market.
Europe Canned Food Packaging Industry Segmentation
Canning is a major food packaging technique used primarily to preserve food against contamination and maintain its hygiene value for an extended period. Increasing consumption of packaged foods is expected to drive the market's growth. The European Canned Food Packaging Market is classified by basic material types, food product types, and country.
This report thoroughly examines Porter's five forces analysis, industry segments, and current market trends. All five important market factors have been quantified using the internal key parameters that regulate each of them. It also analyzes these firms' market landscapes, which include major growth plans and competition assessments. The study also covers the impact of COVID-19.
By Material | |
Metal | |
Steel | |
Aluminium | |
Others |
Type of Food Product | |
Readymade Meals | |
Meat | |
Sea Food | |
Others |
By Country | |
United Kingdom | |
Germany | |
France | |
Spain | |
Italy | |
Rest of Europe |
Europe Canned Food Packaging Market Size Summary
The European canned food packaging market is experiencing significant growth, driven by the increasing demand for packaged and processed foods, the rise of urbanization, and the popularity of milk-based products. Canning, a method of preserving food by heating and sealing it in airtight containers, offers a cost-effective solution for extending shelf life and maintaining food safety. The market benefits from the recyclable and reusable nature of cans, which aligns with the growing emphasis on eco-friendly packaging solutions. The shift from plastic to aluminum cans is notable, as aluminum offers advantages such as lightweight, high barrier properties, and flexibility in packaging design. This transition is supported by initiatives promoting the recycling of aluminum cans, reflecting a broader commitment to sustainability within the industry.
Italy plays a pivotal role in the European canned food packaging market, with significant exports of canned tomatoes and vegetables. The country's canning activities are concentrated in regions like Naples and Bologna, with major companies like La Doria leading the sector. The market is characterized by innovation, with vendors focusing on developing advanced packaging solutions to meet diverse food packaging needs. The demand for canned fish products is also on the rise, driven by European consumer preferences. The competitive landscape is moderately fragmented, with key players such as Amcor, Ball Corporation, and Crown Holdings investing in new product development and recycling facilities to enhance their market presence. Recent developments, including strategic acquisitions and collaborations, are expected to further shape the market dynamics in the coming years.
Europe Canned Food Packaging Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness -Porter's Five Forces Analysis
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1.2.1 Threat of New Entrants
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1.2.2 Bargaining Power of Buyers
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1.2.3 Bargaining Power of Suppliers
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1.2.4 Threat of Substitute Products
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1.2.5 Intensity of Competitive Rivalry
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1.3 Industry Value Chain Analysis
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1.4 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Material
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2.1.1 Metal
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2.1.2 Steel
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2.1.3 Aluminium
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2.1.4 Others
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2.2 Type of Food Product
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2.2.1 Readymade Meals
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2.2.2 Meat
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2.2.3 Sea Food
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2.2.4 Others
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2.3 By Country
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2.3.1 United Kingdom
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2.3.2 Germany
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2.3.3 France
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2.3.4 Spain
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2.3.5 Italy
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2.3.6 Rest of Europe
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Europe Canned Food Packaging Market Size FAQs
What is the current Europe Canned Food Packaging Market size?
The Europe Canned Food Packaging Market is projected to register a CAGR of 6.30% during the forecast period (2024-2029)
Who are the key players in Europe Canned Food Packaging Market?
Ardagh Group, Crown Holdings, Inc., Ball Corporation, Can-Pack S.A. and Amcor Limited are the major companies operating in the Europe Canned Food Packaging Market.