Spain is considered as one of the most prominent countries of the European region with its focus on curbing the carbon emissions. Similarly, flexible packaging is considered as an optimum environmental choice owing to the fact that fewer resources are used for its production with lesser emission. In addition, lesser waste is generated while manufacturing flexible packaging solutions, which is further anticipated to augment the adoption of flexible packaging solutions in the country. Moreover, numerous benefits by the use of flexible packaging solutions such as lesser transportation costs, higher product-to-package ratio, and reduced materials to landfill among others are further creating the inclination of the food manufacturers to increase the adoption of sustainable packaging solutions and thus fueling the market growth during the forecast period.However, stringent regulations regarding the use of plastic remains a major concern for the companies and might hinder the market growth to an extent. Moreover, innovations in the packaging technology and introduction of cost-effective and biodegradable packaging solutions are factors expected to strengthen the demand for flexible food packaging solutions in the upcoming years.
Spain Fresh Food Flexible Packaging Market by Application:
By application, the Spain fresh food flexible packaging market is segmented as poultry & meat products, dairy products, produce (Vegetables and Fruits) and sea-food. Produce (Vegetables and Fruits) segment is expected to hold significant market share owing to growing fruits and vegetable production. Dairy products fresh food flexible packaging is expected to grow at a significant rate on account of the growing retail industry. Furthermore, increasing demand for food with a longer shelf life is propelling the opportunities for manufacturers and vendors. Many companies have opened new product lines due to larger vertical integration which has increased the competition in the market and is enabling food flexible packaging market to grow at a stable pace. For instance, in March 2016, Linpac invests more than eight million Euros in the installation of a fourth extruder at its Pravia site to increase its capacity by 25% in order to meet the growing demand for PP packaging. The market study of spain fresh food flexible packaging market provides a detailed analysis on the basis of the various segment like- by application, by material type, etc.
Spain Fresh Food Flexible Packaging Market by Material Type:
Spain fresh food flexible packaging market for paper and paperboard material type segment is estimated to witness a CAGR of XX.XX%, increasing from US$XX.XX million in 2018 to reach US$XX.XX million in 2024. The demand for paper-based flexible packaging solutions is gaining traction in the country, owing to the increasing popularity of biodegradable products for packaging and mounting restrictions on the use of plastics. This trend is also projected to have a positive impact on the demand for paper-based flexible packaging for fresh foods in the country during the forecast period. In addition, the trend towards the use of non-chemically induced products has resulted in a sharp rise in the demand for organically fresh produce all around Europe. With Spain being the largest producer in the European region, this growth has resulted in a substantial growth of the Spanish organic produce, and the usage of packaging which is free from chemical treatment
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spain fresh food flexible packaging market share
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Initiatives by the government and multiple private and public players in Spain are also resulting in a positive impact on the demand for paper-based packaging for fresh produce, thus further fuelling the demand for paper-based flexible packaging for fresh produce in the country.
