Europe EVOH Resins Market for Food Application Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Application (Films, Trays, 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 Introduction
EVOH resins are used in the form of films, trays, bottles, etc., in packaging applications in the food and beverages sector. The Europe EVOH resins market for food application has been segmented on the basis of application, end-use, and country.
Market Overview and Dynamics
The Europe EVOH resins market for food application was valued at US$ 169.74 million in 2021 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.
The people spend a large number of hours on work; moreover, some of them have been engaged in multiple jobs due to the financial crisis faced during the COVIS-19 pandemic. As a result, the dependence on ready-to-eat or ready-to-cook meals and on-the-go packaged foods has increased in Europe in the last few years, which triggered the demand for sustainable packaging materials, such as EVOH resins. EVOH has excellent transparency and glossiness that help enhance the aesthetics of the final product. Further, it is environment-friendly and recyclable. EVOH finds its application in the packaging of many products, such as meat, baby food, and beverages. EVOH packaging has antistatic properties, which hinder the settling of atmospheric dust particles on the package surfaces, thereby preventing fungal or bacterial growth that can spoil the natural aroma and taste of products. The increasing preference for customer-friendly, sustainable, and flexible packaging that prolongs the shelf life of products is expected to propel the demand for EVOH resin packaging in European countries.
Market Segments
Based on application, the Europe EVOH Resins market for food application is segmented into films, trays, bottles, bag-in box, and others. In 2021, the films segment held the largest share of the market. EVOH resins are flexible, crystal clear, and glossy thermoplastic copolymers, having excellent flex-crack resistance, and high hydrocarbon, oil, and organic solvent resistance. EVOH films exhibit good barrier properties against oxygen, carbon dioxide and other gases, which makes them especially suitable for the packaging of food and other perishable or delicate products to extend their shelf lives. Moreover, EVOH film ensures barrier properties up to 80% against moisture and relative humidity.
Based on end use, the Europe EVOH resins market for food application is segmented into bakery and confectioneries; beverages; sauces and dressings; meat, poultry, and seafood; RTE foods and meals; and others. A rise in the popularity of international cuisines, coupled with flavorful ethnic sauces; increasing demand for sauces, dressings, and condiments; and a shift in consumer diet preferences and consumption patterns toward healthy and nutritional food accelerate the demand for packaging materials. Packaging of meat is critical, especially when it comes to fresh meat. Fresh meat, poultry, and seafood are perishable, and may lose weight due to dehydration, which may result in high decay rates. Using EVOH as a packaging material barrier extends the shelf life of such perishable products.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Europe EVOH resins market for food application are paid databases (Factiva), publications, Hoovers, investor presentations, newsletter, sec archives, and annual reports, along with other information available in public domain. Kuraray Europe GmbH, Nippon Gohsei (UK) Limited, Kureha Europe B.V., 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.
Reasons to Buy Report
- Progressive trends in the EVOH resins industry in Europe, with a special focus on food applications, to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the Europe EVOH resins for food application from 2020 to 2028
- Estimation of the demand for EVOH resins in food applications in Europe
- Recent developments to understand the competitive market scenario
- Market trends and outlook along with factors driving and restraining the growth of the Europe EVOH resins market for food application
- Assisting in decision-making process by understanding strategies that underpin commercial interest with regard to EVOH resins for food application in Europe
- Europe EVOH resins market for food application size at various nodes of market
- Detailed overview and segmentation of the Europe EVOH resins market for food application as well as its industry dynamics
- Size of the Europe EVOH resins market for food application with promising growth opportunities
Europe EVOH Resins Market for Food Application, by Country
- Germany
- France
- Italy
- The UK
- Russia
- Spain
- Rest of Europe
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
- Kuraray Europe GmbH
- NSB Polymers GmbH
- Chang Chun Group.
- Coveris
- Mitsubishi Chemical Europe GmbH
- SCHUR FLEXIBLES HOLDING GESMB
- Gantrade Corporation
- The Compound Company BV
- KUREHA CORPORATION
- Flexipol
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Europe EVOH resin market for food application, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.