Portugal Fresh Food Packaging Market Size & Outlook
- Packaging & Packaging Solutions
- Packaging Solutions
- Fresh Food Packaging Market Outlook
- Packaging Solutions
Portugal Fresh Food Packaging Market, 2017-2028 (US$B)
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Portugal fresh food packaging market highlights
- The Portugal fresh food packaging market generated a revenue of USD 0.4 billion in 2020 and is expected to reach USD 0.5 billion by 2028.
- The Portugal market is expected to grow at a CAGR of 3.8% 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 0.4 billion |
| Market revenue in 2028 | USD 0.5 billion |
| Growth rate | 3.8% (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, Portugal accounted for 0.3% 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.
Plastic packaging material is expected to witness a decline in market share over the forecast period owing to the stringent government regulations to prevent pollution and growing awareness among consumers about the ill effects of plastic waste on the environment. Government officials are continuously making efforts to reduce plastic usage.
Portugal's meat industry is constantly growing owing to the rising demand for swine, especially from Asian countries such as China. China was the second-largest export destination for pork meat produced in Portugal.
In 2020, the live swine exports to Spain increased substantially owing to tight local supply. Chicken production was slightly hampered by COVID-19, which is expected to restore in 2021 and have a positive impact on the fresh food packaging market.
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/ |
Portugal 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 50.0% in 2020.
Horizon Databook has segmented the Portugal fresh food packaging market based on rigid, flexible covering the revenue growth of each sub-segment from 2017 to 2028.
Plastic packaging material is expected to witness a decline in market share over the forecast period owing to the stringent government regulations to prevent pollution and growing awareness among consumers about the ill effects of plastic waste on the environment. Government officials are continuously making efforts to reduce plastic usage.
Portugal's meat industry is constantly growing owing to the rising demand for swine, especially from Asian countries such as China. China was the second-largest export destination for pork meat produced in Portugal.
In 2020, the live swine exports to Spain increased substantially owing to tight local supply. Chicken production was slightly hampered by COVID-19, which is expected to restore in 2021 and have a positive impact on the fresh food packaging market.
- Portugal Fresh Food Packaging Market Type Outlook (Revenue, USD Million , 2017-2028)
- Rigid
- Flexible
- Portugal Fresh Food Packaging Market Material Outlook (Revenue, USD Million , 2017-2028)
- Plastics
- Paper & Paper Board
- Bagasse
- Polylactic Acid
- Others
- Portugal 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 Portugal Fresh Food Packaging Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Portugal Fresh Food Packaging Market Outlook from 2017 to 2028, including revenue numbers, major trends, and company profiles.
Portugal Fresh Food Packaging Market, 2017-2028 (US$B)
Portugal fresh food packaging market statistics, by type, 2017-2028 (US$M)
