PCI Films Consulting’s report The European Flexible Packaging Market 2011 reveals how Amcor now dominates the €11 billion market, following its acquisition of Alcan’s European flexible packaging operations. Now accounting for nearly a quarter of all European flexible packaging sales, and with its nearest rival only around a third of its size, Amcor “is the overwhelmingly dominant European supplier, its strength galvanising other companies into hitting the acquisition trail, trying to ‘bulk up’ to compete”, says PCI.
One of the 400-page report’s key findings is that the converted materials sector recovered strongly in value terms in 2010. Sales increased by 4.7% overall, although much of the growth was down to raw material and energy cost increases. In general, while nearly all national markets showed growth, Eastern Europe pushed ahead, averaging a 6.2% sales increase. Russian sales performed particularly strongly, showing near double-digit growth.
The report includes: national profiles; analysis of the top 20 converters by value; and insight into end-use market share by area – including the information that confectionery in 2010 consumed 5.5 billion m² of flexible packaging. Detailed data illustrates market forecasts up to 2015, and purchasers are provided with a complete ‘market map’ of Europe’s flexible packaging industry.
The continuing growth in the stand-up pouch format is also demonstrated in the report.
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