Market Share of Europe Plastic Packaging Films Industry
The European plastic packaging films market is fragmented, with several global and regional players, such as Innovia Films (CCL Industries Inc.), TORAY FILMS EUROPE, Berry Global Inc., SÜDPACK Holding GmbH, and Cosmo Films, vying for attention in a contested market space. This market is characterized by low product differentiation, growing levels of product penetration, and high levels of competition.
- July 2024: Innovia Films, a leading material developer and producer, unveiled an expansion to its sustainable film lineup. This extension, Encore, focuses on biaxially oriented polypropylene (BOPP) films, emphasizing the incorporation of chemically recycled polymers specifically tailored for food-contact applications. Furthermore, Innovia Films has forged a strategic partnership with Prevented Ocean Plastic, resulting in a novel film composition integrating 30% of POP-sourced materials.
- March 2024: SÜDPACK and SN Maschinenbau collaborated to introduce a recyclable film solution tailored for stand-up pouches featuring spouts. Lauded for their resealable design, these pouches are crafted explicitly for liquid or pasty foods, ranging from fruit purees to items requiring hot filling and pasteurization. SÜDPACK emphasizes that the pouches are crafted from polypropylene-based films, thus meeting recyclability standards. Additionally, the pouches feature PP spouts, integrating MENSHEN LoTUS technology, ensuring a seamless connection through precise heat distribution and conductivity coordination.
Europe Plastic Packaging Films Market Leaders
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Innovia Films (CCL Industries Inc.)
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TORAY FILMS EUROPE
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Berry Global Inc.
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SÜDPACK Holding GmbH
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Cosmo Films
*Disclaimer: Major Players sorted in no particular order