Packaging Industry In Italy - Growth, Trends, COVID-19 Impact, and Forecasts (20Posted by Statzy Market Research on May 1st, 2021 Italy remains as one of the largest economies in the European Union in spite of the economic crises that occurred in the 2000s, owing to which several economic activities were compromised. Packaging materials are used to contain and preserve materials, enable safe transportation, and serve as a means of informing end customers of the material characteristics and its contents. For the economically developed markets, many social factors and upcoming market trends have a major impact on the development of packaging products. - There are many government regulations that are implemented in this region, further leading to the growth of this market. For instance, regulations on dairy packaging are becoming strict in this region, as labeling on milk and dairy products are required to clearly show the origin of the product (milk) within the country, where it is processed and packaged. The increasing importance of e-commerce in Italy is expected to influence the overall packaging industry. For instance, the Italian food e-commerce market registered a growth rate of approximately 40% from 2016-2017 to reach an estimated value of EUR 849 million. - Due to the economic recession in Italy, soft drinks consumption has been affected by consumers preferring water over carbonated drink. Due to the rising unemployment rate and reducing disposable income in 2014, the country was in a difficult economic situation. With the economy recovering, the consumption of soft drinks is expected to improve because of the changing customer preference and increasing interest in environmental sustainability. For sample report please visit : https://www.statzyreports.com/report/sr499154/packaging-industry-in-italy-growth-trends-covid-19-impact-and-forecasts-2021-2026 - Owing to the increasing demand for consumer goods, the country is pushing the growth for plastic packaging. Furthermore, the increase in retail and e-commerce sales is also driving the need for packaging. In response to this megatrend, the flexible packaging solutions are increasingly used that delivers the ultimate protection for these products. This encourages the use of plastics for packaging, as it can meet diverse packaging needs, from electronic components to shelfable packaging for food products, making plastics the preferred form of packaging. - According to the Association for Plastic Manufacturers, in 2017, Italy stood second by accounting for 14.2% of the total European demand for plastic converter, after Germany with 24.5%, followed by France, Spain, United Kingdom, and Poland. The FMCG sector is expected to increase the demand for flexible solutions further, by ensuring wide adoption in the food and beverage, retail, and healthcare sectors. - On April 2018, Made-in-Italy food revolution started in Italy for food packaging. The Italian government’s ‘Made in Italy’ campaign is also expected to increase the production of various goods in the country. However, this campaign is expected to close the doors for the use of multiple foreign ingredients in the manufacturing of products, which is not positively received by Italian food producers. - Feb 2019 - Amcor Limited launched Genesis, a new in-store recyclable laminate solution, that is targeting at a wide range of segments, including fresh fruits and vegetables, frozen food, dried fruits and nuts, confectionery, chilled goods, and pet food. The product is adaptable to a variety of packaging types and it is appropriate for specific medical, home, and personal care markets. - Jan 2019 - Amcor Limited and Danone partnered to develop a new package for its yogurt sold in Argentina. The new PET jar supports the 100% natural positioning of Danone’s La SerenÃsima’s yogurt, with featured engraving, a finely finished base, and a body-wrap label.
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