Market Trends of France Plastic Packaging Industry
This section covers the major market trends shaping the France Plastic Packaging Market according to our research experts:
Increase in Adoption of Light-Weight Packaging may Drive the Market Growth
- Custom-Pak's study on the ramifications of replacing plastic with alternatives (such as paper and paperboard, glass, steel, aluminum, textile, rubber, and cork) found that substitutes are, on average, 4.5 times heavier. The alternatives require substantially more material output to create the same type of packaging.
- Suntory is also investing in Carbios, a French startup that developed the technology that breaks down polymers into monomers, making them easy to reuse in new rigid plastics packaging, such as drinks bottles, in order to source more recycled plastics. It will also invest in supporting the implementation of national deposit-return schemes across its key European markets. It will also work to ensure that its plastic packaging is classed as 100% recyclable in the region.
- Moreover, of all the types of plastic, it is believed that using PET will help manufacture the lightest bottle and containers. According to PETRA, PET is a clear, strong, and lightweight plastic that is widely used for packaging food and beverages, especially convenience-sized soft drinks, juices, and water. Virtually all single-serving and 2-liter bottles of carbonated soft drinks and water sold in the United Kingdom are made from PET.
- Plastic is lightweight and tough, making it much more suitable for transportation than glass. Shipping of plastic bottles and containers consumes less fuel than that of glass, expending less energy and leaving a smaller carbon footprint.
- Furthermore, the growing demand for recyclable, lightweight plastic packaging products contributes to the market's development. Several packaging companies are focusing on introducing light packaging products to gain a broad customer base. For instance, Greiner Packaging, a plastic packaging solution company, stated in February of last year that the company would participate in the CFIA in Rennes, France, from March 8-10. An innovative development from Greiner Packaging is revolutionizing the recyclability of cardboard-plastic combinations. Making sure that waste was sorted correctly used to be fully reliant on consumers playing their part. But now with K3® r100, the cardboard wrap and theplastic cup separate all by themselves on the way to the recycling facility. This makes the packaging solution ideal for recycling
- K3 combines a thin plastic cup with an easily removed exterior cardboard wrap. Because plastic protects, increases shelf life, and decreases food waste, it remains the best packaging material for food goods. In addition to being recyclable, the plastic used to produce K3 cups may also be made from recycled materials like rPET. The K3 cup can save up to 50% more plastic than a directly printed cup of the same size.
- Moreover, according to Eurostat, last year, the production volume index of the manufacture of plastic packing goods in France was recorded at 99.1, which increased by 1.6 units from the previous year. The significant recovery from the pandemic represents the increased demand for plastic packaging goods in the country, leading to the growing preference for lightweight packaging.
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Personal Care is Expected to Witness Significant Growth Rates
- Socio-demographic changes in the region affect the demand for natural ingredients for cosmetics and related products. The region's aging population is increasing the demand for natural ingredients with active properties, such as anti-aging.
- Many skincare brands face increased competition, and the packaging suppliers provide brands with ways to differentiate designs that deliver convenience, ease of use, and advanced capabilities. A broad range of options is available for packaging skin care products to accommodate different product formats and formulations. For example, Nerd Skincare uses bottles, tubes, jars, and droppers in plastic and other materials.
- Some brands choose to reduce their single-use plastic consumption by using post-consumer recycled PET, following the suit of other industries. Aveda, for instance, is now using 100% post-consumer recycled PET in 85% of its skin care and hair styling PET bottles, jars, and bioplastic from sugarcane.
- Multiple government agencies cited that prices of plastic materials in Europe increased, with a significant contributor. With virgin plastics production capacity being in the current pipeline, this would place pressure on virgin resin prices downward and also on recycled resin prices.
- Also, the growing promotional activities of beauty product manufacturer in France through social media has boosted and increased purchasing through online websites. For example, the statistic presents a ranking of the top online stores in France in the personal care segment in the last year, sorted by annual net e-commerce sales. Last year, a significant market shareholding player, Sephora, a French multinational retailer of personal care and beauty products, generated USD 245.4 million via selling products from the personal care segment in France. The online store Nocibe.fr was ranked second with a revenue of USD 193.1 million.
- With more than five million visits in August last year, Sephora.fr garnered the highest traffic to its website among selected French online stores for beauty and personal care products. In second place came Nocibe.fr, a German perfume and cosmetics company Douglas subsidiary, with 3.7 million website visits. The brands' product sales include a wide range of plastic packaging products, generating significant sales from plastic packaging products.
