Packaging Industry in Spain Market Size

Spain Packaging Market Analysis

The packaging industry in Spain has expected to register a CAGR of 10.78% during the forecast period. Due to shifting substrate preferences, the opening of new markets, and shifting ownership dynamics, the packaging industry has consistently grown over the past ten years. Sustainability and environmental concerns will continue to be highlighted as the sector has witnessed various paper and plastic packaging technologies.

• Excellent presentation, a powerful visual impression, and the growing demand for compact and convenient packages are some elements that will support the expansion of the packaging sector in the country.
• As an illustration, the fish and shellfish producer Globalimar has succeeded with Sealed Air's vacuum packing, the Cryovac VST tray skin. The package utilizes a gentle suction that doesn't distort the tray support, striking a balance between cost and quality, ensuring the product's shelf life and a reduction in retail shrinkage due to the strong oxygen barrier capabilities of the top film.
• Additionally, due to the increased frequency of diseases and growing nutrition awareness, the Spanish population is becoming more health concerned, encouraging them to eat more fresh foods.
• Among Spain's top companies that offer fresh food packaging are Mondi, DS Smith, Sonoco Products Company, Smurfit Kappa, and International Paper. As a global leader, Mondi Group offers corrugated packaging for fresh produce that keeps the product fresh from the farm to the shop while enhancing transport effectiveness, extending the shelf life, and promoting sales. Due to the nation's historically high consumption of fresh meat, the poultry and meat products industry is expected to have a sizeable market.
• The biggest driver of industrial demand throughout the five years leading up to 2021 had been the start of the COVID-19 pandemic has positively impacted the market.