Germany Fresh Food Packaging Market Size & Outlook
The fresh food packaging market in Germany is expected to reach a projected revenue of US$ 5.7 billion by 2028. A compound annual growth rate of 2.7% is expected of Germany fresh food packaging market from 2021 to 2028.
In terms of revenue, Germany accounted for 3.7% of the global fresh food packaging market in 2020.
Country-wise, China is expected to lead the global market in terms of revenue in 2028.
In Europe, Germany fresh food packaging market is projected to lead the regional market in terms of revenue in 2028.
Denmark is the fastest growing regional market in Europe and is projected to reach USD 0.7 billion by 2028.
Packaging manufacturers in Germany are expected to experience increasing pressure for producing environment-friendly packaging on account of stringent government regulations. For instance, Germany introduced a new act called the German Packaging Act in January 2019, which aims to reduce the harmful effects of packaging waste on the environment and simultaneously increase the rate of recycling
The government of Germany is expected to increase the recycling rates for companies as packaging waste has increased by 18% over the past decade. In addition, consumers are increasingly opting for environment-friendly fresh food packaging solutions. These factors are expected to drive the demand for biodegradable food packaging.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Fresh Food Packaging Market Outlook will help companies and investors design strategic landscapes.
Rigid was the largest segment with a revenue share of 52.17% in 2020.
Horizon Databook has segmented the Germany fresh food packaging market based on rigid, flexible covering the revenue growth of each sub-segment from 2017 to 2028.
Packaging manufacturers in Germany are expected to experience increasing pressure for producing environment-friendly packaging on account of stringent government regulations. For instance, Germany introduced a new act called the German Packaging Act in January 2019, which aims to reduce the harmful effects of packaging waste on the environment and simultaneously increase the rate of recycling
The government of Germany is expected to increase the recycling rates for companies as packaging waste has increased by 18% over the past decade. In addition, consumers are increasingly opting for environment-friendly fresh food packaging solutions. These factors are expected to drive the demand for biodegradable food packaging.
Germany Fresh Food Packaging Market Type Outlook (Revenue, USD Million , 2017-2028)
Rigid
Flexible
Germany Fresh Food Packaging Market Material Outlook (Revenue, USD Million , 2017-2028)
Plastics
Paper & Paper Board
Bagasse
Polylactic Acid
Others
Germany Fresh Food Packaging Market Application Outlook (Revenue, USD Million , 2017-2028)
Eggs, Meat & Seafood
Fruits & Vegetables
Dairy Products
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany Fresh Food Packaging Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Germany Fresh Food Packaging Market Outlook from 2017 to 2028, including revenue numbers, major trends, and company profiles.