France Packaging Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The packaging market in France is anticipated to grow at a CAGR of 1.76%. One of the largest GDPs in the world belongs to the French economy; owing to its size and the demand from domestic consumption, the French packaging market is among the largest, most attractive, and mature markets in the world. The industry is maturing in terms of the adoption of packaging solutions in the nation, which is one of the main factors for the slow growth.
Key HighlightsThe competitive landscape of the French packaging market is moderately fragmented, with many packaging vendors available in the country, such as DS Smith PLC, AR Packaging Group AB, Smurfit Kappa Group PLC and Tetra Pak International SA. Moreover, the competition level among these vendors is high due to the various innovations and investments done by the companies. Companies are also undergoing acquisitions to strengthen their product portfolios and increase their market shares.
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