Market Size of France Packaging Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 30.99 Billion |
Market Size (2029) | USD 36.72 Billion |
CAGR (2024 - 2029) | 3.45 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
France Packaging Market Analysis
The France Packaging Market size is estimated at USD 30.99 billion in 2024, and is expected to reach USD 36.72 billion by 2029, at a CAGR of 3.45% during the forecast period (2024-2029).
The growing demand for packaging in France for the food and beverage industry is attributable to increasing tourism with increased emphasis on convenience, ready-to-eat, and value-priced foods.
- According to the United States Department of Agriculture (USDA), the gross domestic product (GDP) in 2023 is estimated at USD 2.809 trillion. France is the world's seventh-largest economy and the second-largest in the EU. France has a flourishing food ingredient industry, producing a wide range of ingredients used domestically and exported worldwide, which signifies the demand for packaging in the country.
- Additionally, the growth in the number of tourists in France has stirred the demand for French food, an amalgamation of rich flavors and unique processes. The constant development and expansion of French food options in the country significantly drive the food industry in the country.
- French packaging manufacturers focus on reducing packaging waste by innovating new sustainable products. Consumer demand for eco-friendly products propels a notable shift towards sustainable packaging solutions. Materials that are biodegradable, compostable, and recyclable are becoming increasingly favored. In tandem, companies are prioritizing reducing plastic usage and embracing practices aligned with the circular economy.
- However, increasing regulations in the country against the use of plastic are anticipated to affect the market for plastic packaging in the country. For instance, the French Parliament's lower chamber passed a law in December 2020 that banned all single-use plastic products and packaging after 2040, in addition to several initiatives to increase reuse and recycling.
France Packaging Industry Segmentation
Packaging is described as providing a protective and informative covering for the product that protects it during its handling, storage, and movement and also usefully informs consumers about the content of the package. The study tracks the demand for the packaging market through the revenue derived from plastic, glass, and metal.
France's Packaging Market is segmented by material (plastic, glass, and metal), packaging type (flexible packaging and rigid packaging), and end-user vertical (food, beauty and personal care, beverages, healthcare, and pharmaceuticals). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
Material | |
Plastic | |
Glass | |
Metal | |
Other Materials |
Packaging Type | |
Flexible Packaging | |
Rigid Packaging |
End-user Verticals | |
Food | |
Beverages | |
Healthcare and Pharmaceuticals | |
Beauty and Personal Care | |
Other End-user Verticals |
France Packaging Market Size Summary
The French packaging market is characterized by its maturity and attractiveness, driven by the country's robust economy and high domestic consumption. This market is experiencing a gradual growth trajectory, influenced by evolving consumer preferences and demographic shifts such as urbanization and changing employment rates. The demand for innovative packaging solutions, including convenience and value-for-money options, is on the rise. Rigid plastics and flexible packaging are at the forefront, catering to the increasing need for sustainable and efficient packaging materials. The tourism sector's growth further fuels the demand for packaging, particularly in the food and beverage sector, where traditional French products require multi-lingual labeling. However, regulatory measures against plastic usage pose challenges, prompting a shift towards more sustainable alternatives like paper-based packaging.
Technological advancements and a focus on sustainability are reshaping the packaging landscape in France. Flexible packaging, known for its adaptability and environmental benefits, is gaining traction as it aligns with trends in product protection, consumer convenience, and reduced environmental impact. The market is also witnessing a shift towards paper-based solutions to minimize plastic use, supported by innovations that reduce resource consumption and emissions. The rise of e-commerce and the demand for eco-friendly packaging solutions are further driving market growth. The competitive landscape is moderately fragmented, with key players investing in innovations and acquisitions to enhance their market presence. These dynamics, coupled with the recovery of the food and beverage sector post-pandemic, are expected to sustain the growth of the packaging market in France.
France Packaging Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Macroeconomic Factors, such as Demographic Changes and Changing Consumer Preferences
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1.2.2 Increasing Tourism in the Industry
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1.3 Market Challenges
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1.3.1 Increasing Regulations in the Country against the Use of Plastic
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1.4 Industry Attractiveness - Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Material
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2.1.1 Plastic
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2.1.2 Glass
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2.1.3 Metal
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2.1.4 Other Materials
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2.2 Packaging Type
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2.2.1 Flexible Packaging
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2.2.2 Rigid Packaging
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2.3 End-user Verticals
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2.3.1 Food
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2.3.2 Beverages
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2.3.3 Healthcare and Pharmaceuticals
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2.3.4 Beauty and Personal Care
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2.3.5 Other End-user Verticals
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France Packaging Market Size FAQs
How big is the France Packaging Market?
The France Packaging Market size is expected to reach USD 30.99 billion in 2024 and grow at a CAGR of 3.45% to reach USD 36.72 billion by 2029.
What is the current France Packaging Market size?
In 2024, the France Packaging Market size is expected to reach USD 30.99 billion.