The Europe Food Packaging Films Market would witness market growth of 6.2% CAGR during the forecast period (2022-2028).
DEHA is a plasticizer that is used to give some polymers flexibility. The public is worried about eating food that has been wrapped in plastic and being exposed to DEHA. DEHA exposure is a possibility, however, the amounts are far lower than those determined to have no harmful effects in animal experiments. Another instance involves dioxins, which the Environmental Protection Agency has classified as likely human carcinogens.
The allegations that plastics contain dioxins have misled the public, even though the FDA has not received any data to support these claims. Overall, there is no risk to human health from the usage of food packaging film in the food sector. In order to serve the ultimate customer at the lowest possible cost, food packaging is characterized as a coordinated system of preparing food for transit, distribution, retailing, storage, and end-use.
Modern society would not function without food packaging; commercially prepared food could not be processed and supplied in a safe and effective manner. Additionally, the demand for convenient as well as high-quality food items has increased, which has enhanced the influence of food packaging.
The food packaging film in the region is developing due to several efforts by the regional government as well as market players. In a study conducted by the Food Packaging Forum, there are 15 mega metric tons (Mt) of flexible films sold on the EU market each year, of which 2.5 Mt are made of polypropylene (PP) and 9 Mt are polyethylene (PE) films. Since domestic waste streams account for 40% of the PE film waste produced in the EU, it is believed that PE films, which currently have a recycling rate of 23%, offer a substantial potential for enhanced collection and recycling.
The Germany market dominated the Europe Food Packaging Films Market by Country in 2021; thereby, achieving a market value of $4.6 billion by 2028. The UK market is poised to witness a CAGR of 5.4% during (2022 - 2028). Additionally, The France market is anticipated to witness a CAGR of 7% during (2022 - 2028).
Based on Type, the market is segmented into Flexible Packaging Films and Rigid Packaging Films. Based on Material, the market is segmented into Polyethylene, Polypropylene, Polyethylene Terephthalate and Polyamide. Based on Application, the market is segmented into Meat, Poultry & Seafood, Fruits & Vegetables, Bakery & Confectionery, Convenience Foods, Dairy Products and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Food Packaging Films Market is Predict to reach $75.4 Billion by 2028, at a CAGR of 6.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amcor Plc., Berry Global Group, Inc., Sealed Air Corporation, Coveris Management GmbH (Sun Capital Partners, Inc.), Mondi Plc., DuPont de Nemours, Inc., DS Smith Plc., WestRock Company, Graphic Packaging Holding Company and Charter Next Generation.
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