Italy Fresh Food Packaging Market Size & Outlook, 2020-2028
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- Fresh Food Packaging Market Outlook
- Packaging Solutions
Italy Fresh Food Packaging Market, 2017-2028 (US$B)
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Italy fresh food packaging market highlights
- The Italy fresh food packaging market generated a revenue of USD 2.3 billion in 2020 and is expected to reach USD 2.9 billion by 2028.
- The Italy market is expected to grow at a CAGR of 3.3% from 2021 to 2028.
- In terms of segment, rigid was the largest revenue generating type in 2020.
- Flexible is the most lucrative type segment registering the fastest growth during the forecast period.
Fresh food packaging market data book summary
| Market revenue in 2020 | USD 2.3 billion |
| Market revenue in 2028 | USD 2.9 billion |
| Growth rate | 3.3% (CAGR from 2020 to 2028) |
| Largest segment | Rigid |
| Fastest growing segment | Flexible |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Rigid, Flexible |
| Key market players worldwide | Amcor PLC, DS Smith PLC, Mondi PLC, Coveris, Transcontinental Inc Shs -A- Voting Subord., Constantia Flexibles, Sealed Air Corp, Sonoco Products Co, Huhtamäki Oyj, Clondalkin Group, ProAmpac, Genpak, Winpak Ltd |
Other key industry trends
- In terms of revenue, Italy accounted for 1.8% 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.
Food packaging manufacturers in Italy are witnessing challenges in terms of compliance and operations owing to stringent government regulations. For instance, in April 2017, the government imposed additional sanctions against the breach of food packaging regulations.
It included the fines of USD 72,290 against the use of ink in packaging that can cause alteration in food composition. It also has a provision for a jail sentence of up to four years for manufacturers if the packaging jeopardizes consumer health.
Italy fresh food packaging market is expected to be driven by innovative product developments and materials that follow the evolving regulations, as well as can reduce food waste and improving shelf life of the fresh food item. Increasing demand for sustainable packaging is expected to drive the demand for corrugated boxes and trays over the forecast period.
Key Regions:U.S., UK, Japan, Brazil, Netherlands
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Publish Date: Aug 26, 2024
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Fresh Food Packaging Market Scope
Fresh Food Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sonoco Products Co | View profile | 23,000 | 1 N. Second Street, Hartsville, SC, United States, 29550 | www.sonoco.com |
| Huhtamäki Oyj | View profile | 17,868 | Revontulenkuja 1, Espoo, Finland, 02100 | www.huhtamaki.com |
| Amcor PLC | View profile | 41,000 | 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP | www.amcor.com |
| Sealed Air Corp | View profile | 17,000 | 2415 Cascade Pointe Boulevard, Charlotte, NC, United States, 28208 | www.sealedair.com |
| Mondi PLC | View profile | 21,773 | The Heights, Brooklands, Ground Floor, Building 5, Weybridge, Surrey, United Kingdom, KT13 0NY | www.mondigroup.com |
| Constantia Flexibles | View profile | 5001-10000 | Vienna, Wien, Austria, Europe | www.cflex.com |
| Genpak | View profile | 1001-5000 | Charlotte, North Carolina, United States, North America | www.genpak.com |
| DS Smith PLC | View profile | 29,672 | 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL | www.dssmith.com |
| Transcontinental Inc Shs -A- Voting Subord. | View profile | 8,131 | 1 Place Ville Marie, Suite 3240, Affaires Juridiques,, A/s Caroline Hamel, Montreal, QC, Canada, H3B 0G1 | tctranscontinental.com |
| Coveris | View profile | 5001-10000 | Chicago, Illinois, United States, North America | www.coveris.com/ |
Italy Fresh Food Packaging Market Outlook
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 Italy fresh food packaging market based on rigid, flexible covering the revenue growth of each sub-segment from 2017 to 2028.
Food packaging manufacturers in Italy are witnessing challenges in terms of compliance and operations owing to stringent government regulations. For instance, in April 2017, the government imposed additional sanctions against the breach of food packaging regulations.
It included the fines of USD 72,290 against the use of ink in packaging that can cause alteration in food composition. It also has a provision for a jail sentence of up to four years for manufacturers if the packaging jeopardizes consumer health.
Italy fresh food packaging market is expected to be driven by innovative product developments and materials that follow the evolving regulations, as well as can reduce food waste and improving shelf life of the fresh food item. Increasing demand for sustainable packaging is expected to drive the demand for corrugated boxes and trays over the forecast period.
- Italy Fresh Food Packaging Market Type Outlook (Revenue, USD Million , 2017-2028)
- Rigid
- Flexible
- Italy Fresh Food Packaging Market Material Outlook (Revenue, USD Million , 2017-2028)
- Plastics
- Paper & Paper Board
- Bagasse
- Polylactic Acid
- Others
- Italy 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 Italy Fresh Food Packaging Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Italy Fresh Food Packaging Market Outlook from 2017 to 2028, including revenue numbers, major trends, and company profiles.
Italy Fresh Food Packaging Market, 2017-2028 (US$B)
Italy fresh food packaging market statistics, by type, 2017-2028 (US$M)
