The packaging market in France is witnessing significant growth and presents promising opportunities for industry players.
According to a recent report by market research firm Mordor Intelligence, the French packaging industry is poised for a major expansion in the coming years.
The report highlights that the France packaging market is expected to grow at a compound annual growth rate (CAGR) of 3.5% during the forecast period. Factors such as increasing consumer demand for convenient and sustainable packaging solutions, along with the rising e-commerce sector, are driving this growth.
Key factors driving market growth
Several key factors are contributing to the growth of the packaging market in France. The report identifies these factors and sheds light on their impact on the industry.
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Changing Consumer Preferences: Consumers in France are increasingly seeking packaging solutions that are both functional and eco-friendly. The demand for sustainable packaging materials, such as bioplastics and recyclable materials, is rising. Packaging manufacturers are adapting to these changing preferences by developing innovative and environmentally conscious packaging solutions.
E-commerce Boom: The rapid growth of the e-commerce sector in France is fuelling the demand for efficient packaging solutions. With more consumers shopping online, there is a need for secure and protective packaging that ensures the safe delivery of products. Additionally, the increasing popularity of subscription boxes and meal kits further drives the demand for specialised packaging.
The report also emphasises the role of technological advancements in shaping the packaging industry. Automation and digital printing technologies are revolutionising packaging processes, improving efficiency and enabling business customisation options.