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Europe EVOH Resins Market for Food Application Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Application (Films, Tray, Bottles, Bag-in-Box, and Others) and End Use (Bakery and Confectioneries; Beverages; Sauces and Dressings; Meat, Poultry, and Seafood; RTE Foods and Meals; and Others)
Market Report I 2022-08-02 I 150 Pages I The Insight Partners
The Europe EVOH resins market for food application was valued at US$ 169.74 million in 2022 and is projected to reach US$ 221.98 million by 2028. It is expected to grow at a CAGR of 4.6% from 2022 to 2028.
EVOH resin manufacturers are exploring new and innovative designs for enhancing convenience for users. Key manufacturers are using consumer inclination toward sustainable packaging to develop new products. Packaging convenience is a key purchasing motivator for consumers. Consumers demand diversity in terms of product types and package sizes. Further, consumers are increasingly inclined toward green, low-carbon products to eliminate waste pollution. EVOH packing is eco-friendly as it has a low carbon footprint and can be recycled easily. Unlike plastic and paper containers, it does not generate waste and its manufacturing doesn't involve cutting trees for procuring wood as a raw material.
The UK is considered one of the high-end consumers of packaged soft drinks and convenience RTE food products in Europe, which boosts the demand for packaged food products, thereby driving the Europe EVOH resins market for food application growth. The packaging materials made from EVOH resins maintain product quality, improve product safety, and extend product shelf life. The major factors driving the growth of the Europe EVOH resins market for food application are shifting consumer preference toward the flexible packaging and customer-friendly and sustainable nature of EVOH resins. In many European countries, the popularity of processed and packaged food and beverage products has surged due to the habit of skipping meals, such as breakfast. Thus, manufacturers now focus more on the packaging, which plays a significant role in retaining product quality, texture, shelf life, color, and taste. Manufacturers are also collaborating with companies involved in packaging to produce innovative and advanced packaging, such as biodegradable barrier trays, foils, and bottles.
EVOH packaging has antistatic properties, which prevents the settling of dust particles from the atmosphere on the packaging, thereby hindering microbial growth that can spoil the natural aroma and taste of products. Moreover, many EVOH grades are suitable for food packaging applications under FDA regulations due to their low odor, high chemical resistance, and inertness. EVOH resins have gained popularity in packaging. It is mainly used by manufacturers of flexible and rigid packaging materials to increase barrier properties of their products and offer consumers differentiated products. The evolution of EVOH-based films on the market reduces the demand for PVDC barrier films. EVOH resins possess several properties, such as transparency and luster, that increase the aesthetic properties of products and ultimately fuel their demand
Kuraray Europe GmbH, Nippon Gohsei (UK) Limited, Kureha Europe BV, Chang Chun Group, Eval Europe NV, Soarus L.L.C. (Mitsubishi Chemical Europe GmbH), Schur Flexibles GmbH, Gantrade Corporation, The Compound Company BV, and Soarnol are among the major players operating in the Europe EVOH resins market for food application. Key companies are focusing on strategies such as R&D investments and new product launches. They develop high-quality and innovative products to fulfill the customers' requirements.
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The overall Europe EVOH resins market for food application size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Europe EVOH resins market for food application. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights. The participants of this process include VPs, business development managers, market intelligence managers, national sales managers, and external consultants-such as valuation experts, research analysts, and key opinion leaders-specializing in the EVOH resins market for food application.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 EVOH Resins Market for Food Application, by Application
1.3.2 EVOH Resins Market for Food Application, by End Use
1.3.3 EVOH Resins Market for Food Application, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.1.1 EVOH Resins Market for Food Application, by Application, and End Use
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. EVOH Resins Market for Food Application Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Suppliers:
4.2.3 Bargaining Power of Buyers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.3.1 Overview:
4.3.2 Raw Material Suppliers:
4.3.3 Manufacturers
4.3.4 Distributors
4.3.5 End-User
4.4 Expert Opinion
5. EVOH Resins Market for Food Application - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Application in Food Packaging Sector
5.1.2 Rules and Regulations Regarding Use of Sustainable Eco-Friendly Packaging
5.2 Market Restraints
5.2.1 Availability of Low-Cost Substitutes
5.3 Market Opportunities
5.3.1 Consumer Preference for Online Sales Channels to Purchase EVOH Films
5.4 Future Trends
5.4.1 Rising Focus of Market Players on Product Innovation and Consumer Convenience
5.5 Impact Analysis of Drivers and Restraints
6. EVOH Resins Market for Food Application- Europe Analysis
6.1 EVOH Resins Market for Food Application Overview
6.2 EVOH Resins Market for Food Application -Revenue and Forecast to 2028 (US$ Thousand)
6.3 EVOH Resins Market for Food Application -Volume and Forecast to 2028 (Tons)
6.4 Competitive Positioning - Key Market Players
7. EVOH Resins Market for Food Application Analysis - By Application
7.1 Overview
7.2 Europe EVOH Resins Market for Food Application, By Application (2021 and 2028)
7.3 Films
7.3.1 Overview
7.3.2 Films: Europe EVOH Resins Market for Food Application- Revenue and Forecast to 2028 (Thousands)
7.3.3 Films: Europe EVOH Resins Market for Food Application- Volume and Forecast to 2028 (Tons)
7.4 Tray
7.4.1 Overview
7.4.2 Tray: Europe EVOH Resins Market for Food Application- Revenue and Forecast to 2028 (US$ Thousand)
7.4.3 Tray: Europe EVOH Resins Market for Food Application- Volume and Forecast to 2028 (Tons)
7.5 Bottles
7.5.1 Overview
7.5.2 Bottles: Europe EVOH Resins Market for Food Application- Revenue and Forecast to 2028 (US$ Thousand)
7.5.3 Bottles: Europe EVOH Resins Market for Food Application- Volume and Forecast to 2028 (Tons)
7.6 Bag-in-box and Others
7.6.1 Overview
7.6.2 Bag-in-box and Others: Europe EVOH Resins Market for Food Application- Revenue and Forecast to 2028 (US$ Thousand)
7.6.3 Bag-in-box and Others: Europe EVOH Resins Market for Food Application- Volume and Forecast to 2028 (Tons)
8. EVOH Resins Market for Food Application Analysis - End-Use
8.1 Overview
8.2 Europe EVOH Resins Market for Food Application, By End-Use (2021 and 2028)
8.3 Bakery and Confectionery
8.3.1 Overview
8.3.2 Bakery and Confectionery: Europe EVOH Resins Market for Food Application - Revenue and Forecast to 2028 (US$ Thousand)
8.4 Beverages
8.4.1 Overview
8.4.2 Beverages: Europe EVOH Resins Market for Food Application - Revenue and Forecast to 2028 (US$ Thousand)
8.5 Sauces and Dressings
8.5.1 Overview
8.5.2 Sauces and Dressings: Europe EVOH Resins Market for Food Application- Revenue and Forecast to 2028 (US$ Thousand)
8.6 Meat Poultry and Seafood
8.6.1 Overview
8.6.2 Meat Poultry and Seafood: Europe EVOH Resins Market for Food Application- Revenue and Forecast to 2028 (US$ Thousand)
8.7 RTE Foods and Meals
8.7.1 Overview
8.7.2 RTE Foods and Meals: Europe EVOH Resins Market for Food Application - Revenue and Forecast to 2028 (US$ Thousand)
8.8 Others
8.8.1 Overview
8.8.2 Others: Europe EVOH Resins Market for Food Application - Revenue and Forecast to 2028 (US$ Thousand)
9. EVOH Resins Market for Food Application - Geographic Analysis
9.1 Europe: EVOH Resins Market for Food Application
9.1.1 Europe: EVOH Resins Market for Food Application, by Application
9.1.2 Europe: EVOH Resins Market for Food Application, by End Use
9.1.3 Europe: EVOH Resins Market for Food Application, by Key Country
9.1.3.1 Germany: EVOH Resins Market for Food Application -Analysis and Forecast to 2028 (US$ Thousand)
9.1.3.1.1 Germany: EVOH Resins Market for Food Application, by Application
9.1.3.1.2 Germany: EVOH Resins Market for Food Application, by End Use
9.1.3.2 France: EVOH Resins Market for Food Application -Analysis and Forecast to 2028 (US$ Thousand)
9.1.3.2.1 France: EVOH Resins Market for Food Application, by Application
9.1.3.2.2 France: EVOH Resins Market for Food Application, by End Use
9.1.3.3 UK: EVOH Resins Market for Food Application -Revenue and Forecast to 2028 (US$ Thousand)
9.1.3.3.1 UK: EVOH Resins Market for Food Application, by Application
9.1.3.3.2 UK: EVOH Resins Market for Food Application, by End Use
9.1.3.4 Italy: EVOH Resins Market for Food Application -Revenue and Forecast to 2028 (US$ Thousand)
9.1.3.4.1 Italy EVOH Resins Market for Food Application, by Application
9.1.3.4.2 Italy: EVOH Resins Market for Food Application, by End Use
9.1.3.5 Spain: EVOH Resins Market for Food Application -Revenue and Forecast to 2028 (US$ Thousand)
9.1.3.5.1 Spain: EVOH Resins Market for Food Application, by Application
9.1.3.5.2 Spain: EVOH Resins Market for Food Application, by End Use
9.1.3.6 Russia: EVOH Resins Market for Food Application -Revenue and Forecast to 2028 (US$ Thousand)
9.1.3.6.1 Russia: EVOH Resins Market for Food Application, by Application
9.1.3.6.2 Russia: EVOH Resins Market for Food Application, by End Use
9.1.3.7 Rest of Europe: EVOH Resins Market for Food Application -Revenue and Forecast to 2028 (US$ Thousand)
9.1.3.7.1 Rest of Europe EVOH Resins Market for Food Application, by Application
9.1.3.7.2 Rest of Europe: EVOH Resins Market for Food Application, by End Use
10. Impact of COVID-19
10.1 Overview - Impact of COVID-19
10.2 Impact of COVID-19 on EVOH Resins Market for Food Application
10.3 Europe: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 Kuraray Europe GmbH
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 NSB Polymers GmbH
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Chang Chun Group.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Coveris
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Mitsubishi Chemical Europe GmbH
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 SCHUR FLEXIBLES HOLDING GESMBH
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Gantrade Corporation
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 The Compound Company BV
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 KUREHA CORPORATION
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Flexipol
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. EVOH Resins Market for Food Application -Revenue and Forecast to 2028 (US$ Thousand)
Table 2. EVOH Resins Market for Food Application -Volume and Forecast to 2028 (Tons)
Table 3. Europe EVOH Resins Market for Food Application, by Application- Revenue and Forecast to 2028 (USD Thousand)
Table 4. Europe EVOH Resins Market for Food Application, by Application- Volume and Forecast to 2028 (Tons)
Table 5. Europe EVOH Resins Market for Food Application, by End Use- Revenue and Forecast to 2028 (USD Thousand)
Table 6. Germany: EVOH Resins Market for Food Application, by Application- Revenue and Forecast to 2028 (US$ Thousand)
Table 7. Germany: EVOH Resins Market for Food Application, by Application- Volume and Forecast to 2028 (Tons)
Table 8. Germany: Europe EVOH Resins Market for Food Application, by End Use - Revenue and Forecast to 2028 (US$ Thousand)
Table 9. France: EVOH Resins Market for Food Application, by Application- Revenue and Forecast to 2028 (US$ Thousand)
Table 10. France: EVOH Resins Market for Food Application, by Application- Volume and Forecast to 2028 (Tons)
Table 11. France: EVOH Resins Market for Food Application, by End Use - Revenue and Forecast to 2028 (US$ Thousand)
Table 12. UK EVOH Resins Market for Food Application, by Application- Revenue and Forecast to 2028 (US$ Thousand)
Table 13. UK EVOH Resins Market for Food Application, by Application- Volume and Forecast to 2028 (Tons)
Table 14. UK EVOH Resins Market for Food Application, by End Use - Revenue and Forecast to 2028 (US$ Thousand)
Table 15. Italy EVOH Resins Market for Food Application, by Application- Revenue and Forecast to 2028 (US$ Thousand)
Table 16. Italy EVOH Resins Market for Food Application, by Application- Volume and Forecast to 2028 (Tons)
Table 17. Italy EVOH Resins Market for Food Application, by End Use - Revenue and Forecast to 2028 (US$ Thousand)
Table 18. Spain EVOH Resins Market for Food Application, by Application- Revenue and Forecast to 2028 (US$ Thousand)
Table 19. Spain: EVOH Resins Market for Food Application , by Application- Volume and Forecast to 2028 (Tons)
Table 20. Spain EVOH Resins Market for Food Application, by End Use - Revenue and Forecast to 2028 (US$ Thousand)
Table 21. Russia EVOH Resins Market for Food Application, by Application- Revenue and Forecast to 2028 (US$ Thousand)
Table 22. Russia EVOH Resins Market for Food Application, by Application- Volume and Forecast to 2028 (Tons)
Table 23. Russia EVOH Resins Market for Food Application, by End Use - Revenue and Forecast to 2028 (US$ Thousand)
Table 24. Rest of Europe EVOH Resins Market for Food Application, by Application- Revenue and Forecast to 2028 (US$ Thousand)
Table 25. Rest of Europe EVOH Resins Market for Food Application, by Application- Volume and Forecast to 2028 (Tons)
Table 26. Rest of Europe EVOH Resins Market for Food Application, by End Use - Revenue and Forecast to 2028 (US$ Thousand)
Table 27. Glossary of Terms, Europe EVOH Resins Market for Food Application
LIST OF FIGURES
Figure 1. EVOH Resins Market for Food Application Segmentation
Figure 2. EVOH Resins Market for Food Application Segmentation - By Geography
Figure 3. Europe EVOH Resins Market for Food Application Overview
Figure 4. Europe EVOH Resins Market for Food Application, By End Use
Figure 5. Europe EVOH Resins Market for Food Application, by Geography
Figure 6. Europe EVOH Resins Market for Food Application, Industry Landscape
Figure 7. Porter's Five Forces Analysis of Europe EVOH Resins Market for Food Application
Figure 8. Europe EVOH Resins Market for Food Application, Ecosystem
Figure 9. Expert Opinion
Figure 10. European Food Sector Export: 2020 (% Share)
Figure 11. Share of Online Retail Sales (%) by Country during 2019-2021
Figure 12. Drivers of Innovation in Europe (%)
Figure 13. Europe EVOH Resins Market for Food Application Impact Analysis of Drivers and Restraints
Figure 14. Geographic Overview of EVOH Resins Market for Food Application
Figure 15. EVOH Resins Market for Food Application - Revenue and Forecast to 2028 (US$ Thousand)
Figure 16. EVOH Resins Market for Food Application -Volume and Forecast to 2028 (Tons)
Figure 17. Europe EVOH Resins Market for Food Application Revenue Share, By Application (2021 and 2028)
Figure 18. Films: Europe EVOH Resins Market for Food Application- Revenue and Forecast To 2028 (US$ Thousand)
Figure 19. Films: Europe EVOH Resins Market for Food Application- Volume and Forecast To 2028 (Tons)
Figure 20. Tray: Europe EVOH Resins Market for Food Application- Revenue and Forecast To 2028 (US$ Thousand)
Figure 21. Tray: Europe EVOH Resins Market for Food Application- Volume and Forecast To 2028 (Tons)
Figure 22. Bottles: Europe EVOH Resins Market for Food Application- Revenue and Forecast To 2028 (US$ Thousand)
Figure 23. Bottles: Europe EVOH Resins Market for Food Application- Revenue and Forecast To 2028 (Tons)
Figure 24. Bag-in-box and Others: Europe EVOH Resins Market for Food Application- Revenue and Forecast To 2028 (US$ Thousand)
Figure 25. Bag-in-box and Others: Europe EVOH Resins Market for Food Application- Volume and Forecast To 2028 (Tons)
Figure 26. Europe EVOH Resins Market for Food Application Revenue Share, By End-Use (2021 and 2028)
Figure 27. Bakery and Confectionery: Europe EVOH Resins Market for Food Application - Revenue and Forecast To 2028 (US$ Thousand)
Figure 28. Beverages: Europe EVOH Resins Market for Food Application- Revenue and Forecast To 2028 (US$ Thousand)
Figure 29. Sauces and Dressings: Europe EVOH Resins Market for Food Application- Revenue and Forecast To 2028 (US$ Thousand)
Figure 30. Meat Poultry and Seafood: Europe EVOH Resins Market for Food Application- Revenue and Forecast To 2028 (US$ Thousand)
Figure 31. RTE Foods and Meals: Europe EVOH Resins Market for Food Application - Revenue and Forecast To 2028 (US$ Thousand)
Figure 32. Others: Europe EVOH Resins Market for Food Application - Revenue and Forecast To 2028 (US$ Thousand)
Figure 33. Europe: EVOH Resins Market for Food Application Revenue Share, by Application (2021 and 2028)
Figure 34. Europe: EVOH Resins Market for Food Application Revenue Share, by End Use (2021 and 2028)
Figure 35. Europe: EVOH Resins Market for Food Application Revenue Share, by Key Country (2021 and 2028)
Figure 36. Germany: EVOH Resins Market for Food Application -Revenue and Forecast to 2028 (US$ Thousand)
Figure 37. Germany: EVOH Resins Market for Food Application -Volume and Forecast to 2028 (Tons)
Figure 38. France: EVOH Resins Market for Food Application -Revenue and Forecast to 2028 (US$ Thousand)
Figure 39. France: EVOH Resins Market for Food Application -Volume and Forecast to 2028 (Tons)
Figure 40. UK: EVOH Resins Market for Food Application -Revenue and Forecast to 2028 (US$ Thousand)
Figure 41. UK: EVOH Resins Market for Food Application -Volume and Forecast to 2028 (Tons)
Figure 42. Italy: EVOH Resins Market for Food Application -Revenue and Forecast to 2028 (US$ Thousand)
Figure 43. Italy: EVOH Resins Market for Food Application -Volume and Forecast to 2028 (Tons)
Figure 44. SPAIN: EVOH Resins Market for Food Application -Revenue and Forecast to 2028 (US$ Thousand)
Figure 45. Spain: EVOH Resins Market for Food Application -Volume and Forecast to 2028 (Tons)
Figure 46. Russia: EVOH Resins Market for Food Application -Revenue and Forecast to 2028 (US$ Thousand)
Figure 47. Russia: EVOH Resins Market for Food Application -Volume and Forecast to 2028 (Tons)
Figure 48. Rest of Europe: EVOH Resins Market for Food Application -Revenue and Forecast to 2028 (US$ Thousand)
Figure 49. Rest of Europe: EVOH Resins Market for Food Application -Volume and Forecast to 2028 (Tons)
Figure 50. Impact of COVID-19 Pandemic on EVOH Resins Market for Food Application in Europe
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