Market Size of France Metal Packaging Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.40 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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France Metal Packaging Market Analysis
During the forecast period, the France metal packaging market is expected to register a CAGR of 3.4%.Metal packaging is gaining traction in the market as it is recyclable. Due to their significant recycling infrastructure, packaging materials such as aluminum and steel are the two primary raw materials for packaging.
- Owing to the increasing tourism and the consumption of both alcoholic and non-alcoholic beverages, such as beer and carbonated drinks, in the region, a significant demand for metal cans is generated. The market for beer packaging has moved away from refillable glass bottles and toward cans.
- European companies prefer to market the fact that their products are packed with sustainable materials. In many cases, green or eco-friendly packaging is a critical factor for consumers in the region when choosing a product. The need for metal packaging products such as aluminum cans in the European area has always been on the higher side.
- Companies are focused on promoting their packaging solutions through innovative solutions. For instance, in June this year, Henkel Adhesive Technologies participated in the Paris Packaging Week of the current year to showcase its comprehensive range of adhesive packaging products. The company allowed consumers to view its aluminum slug and the aerosol cans used to coat the finished packaging from the inside and outside. Such initiatives by the companies will leverage the market for metal packaging.
- However, metal intake from food contact materials and the associated health risks have been of increasing concern. The food industry and consumers need to be more aware of the health risks associated with metallic aluminum. The packaging industry should investigate further or take measures to ensure consumer safety.
- With a significant share in the metal packaging market, the food and beverage industry was witnessing demand amidst the COVID-19 pandemic as the industry fell under the category of an essential commodity. There was an increasing demand for packaged food products, including meat, vegetables, and fruits. The imposition of lockdown orders in Europe resulted in an increase in demand for food cans as people stockpile canned goods. There was also an increase in demand for beverage cans as consumers transitioned to socially distant home consumption. Further, the Russia-Ukraine war had an impact on the overall packaging ecosystemas well.
