food packaging market 2014 2024
TRANSCRIPT
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Food Packaging Market Forecast 2014-2024 & Future Prospects for
Leading Companies
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Contents 1. Executive Summary
1.1 Global Market Overview
1.2 Benefits of this Report
1.3 Who is this Report for?
1.4 Methodology
1.5 Global Food Packaging Market Forecast 2014-2024
1.6 Food Packaging Submarkets Forecasts 2014-2024
1.7 Leading National Food Packaging Market Forecasts 2014-2024
2. Introduction to the Food Packaging Market 2.1 Food Packaging Market Structure Overview
2.2 Food Packaging at a Resource Level
2.3 Metal Resources
2.4 Paperboard Resources
2.5 Plastics and Glass Resources
2.6 Energy Costs
2.7 Health Concerns
2.8 Changing Demographics
2.9 Durability
2.10 Reversing Disposability
2.11 Packaging Perceptions
2.12 Limit Reached
2.13 New Materials in Development
2.14 A Glance at the Decade
3. Global Food Packaging Market 2014-2024 3.1 Global Food Packaging Market Outlook
3.2 Western European Food Packaging Market 2014-2024
3.3 Eastern European Food Packaging Market 2014-2024
3.4 Asia-Pacific Food Packaging Market 2014-2024
3.5 South American Food Packaging Market 2014-2024
3.6 North American Food Packaging Market 2014-2024
3.7 Middle Eastern Food Packaging Market 2014-2024
3.8 Oceanic Food Packaging Market 2014-2024
3.9 African Food Packaging Market 2014-2024
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Contents 4. Food Packaging Material Submarkets 2014-2024 4.1 Food Packaging Market Outlook by Submarket
4.2 Rigid Plastic Food Packaging Market 2014-2024
4.2.1 Rigid Plastics Market Fundamentals
4.2.2 Are Plastics The Dominating Material?
4.2.3 Rigid Plastics Easier on Design and Branding
4.2.4 A Convenient Material
4.2.5 Are We Moving Towards Non Traditional Plastics?
4.2.6 Plastic in the West
4.3 Flexible Plastic Food Packaging Market 2014-2024
4.3.1 Flexible Plastics Market Fundamentals
4.3.2 Flexible Pouches Are Leading The Way In Which Market?
4.4 Paper Food Packaging Market 2014-2024
4.4.1 Paperboard Food Packaging Market Fundamentals
4.4.2 What Niche Market Does Paperboard Excel In?
4.4.3 Paperboard Claims The Middle And Higher Consumer Tiers
4.4.4 Is Paperboard As Environmental As We Think It Is?
4.4.5 Market Outlook
4.5 Metal Food Packaging Market 2014-2024
4.5.1 Metal Food Packaging Market Fundamentals
4.5.2 Meeting the Growing Needs Of The New Demographic
4.5.3 The Need for Tamper Proof Packaging
4.5.4 100% Recoverable
4.5.5 Hesitation In The Industry
4.6 Glass Food Packaging Market 2014-2024
4.6.1 Glass Food Packaging Market Fundamentals
4.6.2 Starting Strong But Lacking Follow Through
4.6.3 The Most Resilient Material?
4.6.4 Who Is Driving The Growth In Glass?
4.6.5 Cost Reduction Strategise Aiding The Glass Market
4.6.6 What Does The Future Hold For Glass?
4.7 Other Food Packaging Market 2014-2024
4.7.1 Other Food Packaging Market Fundamentals
4.7.2 Is There A Lack Of Funding For Research And Development?
4.7.3 Once The Short Run Is Over What Will Happen?
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Contents 5. Leading National Food Packaging Markets 2014-2024 5.1 Food Packaging Market Outlook by Country
5.2 US Food Packaging Market 2014-2024
5.2.1 US Food Packaging Market Fundamentals
5.2.2 Which Packaging Material Does the US Favour?
5.2.3 A Very Linear Growth Pattern
5.3 Japanese Food Packaging Market 2014-2024
5.3.1 Japanese Food Packaging Market Fundamentals
5.3.2 Why Does The Japanese Food Packaging Market Stand Out?
5.3.3 Is Japan’s Food Packaging Industry Ready for the New Demographic?
5.4 German Food Packaging Market 2014-2024
5.4.1 German Food Packaging Market Fundamentals
5.4.2 Neither Excelling Or Declining
5.4.3 What Trend is On Germany’s Mind
5.4.4 Artisan Foods Are the Growing Urban German Food Trend
5.5 French Food Packaging Market 2014-2024
5.5.1 French Food Packaging Market Fundamentals
5.5.2 France Tails Germany in the Food Packaging Market
5.5.3 How Does The French Food Market Operate?
5.5.4 The French Food Collaboration
5.5.5 New Regulations And Plastics
5.6 Chinese Food Packaging Market 2014-2024
5.6.1 The Third Largest Market And Growing
5.6.2 Civil Unrest Slowing Growth
5.6.3 Why Is Packaged Food in China Perceived So Well?
5.6.4 What Do The Chinese Classes Want From Their Food Packaging?
5.7 UK Food Packaging Market 2014-2024
5.7.1 A Dwindling UK Market
5.7.2 Is The UK Market Expecting Growth?
5.7.3 The Worlds Most Innovative Packaging Market
5.7.4 Which Way Is The UK Food Packaging Market Heading?
5.8 Italian Food Packaging Market 2014-2024
5.8.1 Italian Food Packaging Market Fundamentals
5.8.2 Declining Initially But Re-emergence Not Too Far Away
5.8.3 Cost Effective Food Packaging Is The Italian Trend
5.9 Canadian Food Packaging Market 2014-2024
5.9.1 Canadian Food Packaging Market Fundamentals
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Contents 5.9.2 How Are Canadian Demographics Affecting The Market?
5.9.3 Market Outlook
5.10 Spanish Food Packaging Market 2014-2024
5.10.1 The Smallest European Market at $6.3bn
5.10.2 Food And Charity In Spain
5.10.3 The Spanish Food Market Is In Decline
5.10.4 A 0.1% Increase In AGR And A Lost Generation
5.11 Australian Food Packaging Market 2014-2024
5.11.1 Australia Is Rising But How High Does It Get?
5.11.2 Where Do Australians Eat?
5.11.3 Why Australians Want More See-Through Packaging
5.12 South Korean Food Packaging Market 2014-2024
5.12.1 South Korean Food Packaging Market Fundamentals
5.12.2 Japanese Influences
5.12.3 Augmented Packaging Will Be Seen Here First
5.12.4 The Leading Food Packaging Material In South Korea
5.13 Brazilian Food Packaging Market 2014-2024
5.13.1 Brazil At The End Of The Table
5.13.2 Catching Up With A 6% Growth Rate
5.13.3 Brazil Is At The Food Consumption Trend Cross Road
5.13.4 Will Brazil Ever Match The Western Economies?
5.14 Russian Food Packaging Market 2014-2024
5.14.1 One of the Fastest Growing Food Packaging Markets
5.14.2 A Developing Import and Domestic Russian Food Market
5.14.3 A Different Demographic Target
5.15 Indian Food Packaging Market 2014-2024
5.15.1 Still Less Than 1% Of The Global Market
5.15.2 What Is Holding The Indian Market Back?
5.15.3 On The Go Eating
5.15.4 What Do The Other Indian Economic Classes Do?
5.16 Rest of World Food Packaging Market 2014-2024
5.16.1 The Rest Of The World Food Packaging Market Fundamentals
5.16.2 The Next 11 Leading National Food Packaging Markets
5.16.3 Technology Versus Population
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Contents 6. SWOT Analysis of the Global Food Packaging Market
7. Expert Opinion 7.1 Expert – Mark Smyth, Business Development & Marketing Intelligence Director, Metal –
Europe, Ardagh Group
7.1.1 What would you say are the key developments in packaging and the food packaging
market?
7.1.2 Do you think metal packaging and glass packaging can compete with other materials
in the packaging market in terms of light weighting?
7.1.3 Would you say the dynamics of the food packaging market will remain the same in
the near future?
7.1.4 Do you think the drive towards more sustainability is an advantage for metal and
glass packaging?
7.1.5 Would you say the quality of packaging differs in the developed markets compared to
the developing markets?
7.1.6 How does the price of metals affect the metal packaging industry?
7.1.7 So would you say that metal packaging is more affected by the price of metals than
plastic packaging is affected by the price of oil?
7.1.8 Do you think branding will play an even larger part in the future, more so than the
packaging itself?
7.1.9 What are the other drivers for food packaging growth other than the GDP growth a
country experiences?
7.1.10 Do you think metal and glass packaging have an advantage over other food
packaging materials in terms of them being perceived as being more luxurious or
higher quality?
7.1.11 Do you think plastic packaging has an advantage over metal and glass in terms of
transportation costs because it is a lot lighter?
8. The Leading Food Packaging Companies 2014 8.1 Amcor
8.1.1 Amcor Analysis
8.2 Ardagh Group
8.2.1 Ardagh Group Analysis
8.3 Ball Corporation
8.3.1 Ball Corporation Analysis
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Contents 8.4 Bemis Company Inc
8.4.1 Bemis Company Inc Analysis
8.5 Crown Holdings Inc
8.5.1 Crown Holdings Inc Analysis
8.6 DS Smith Plc
8.6.1 DS Smith Plc Analysis
8.7 MeadWestVaco Corporation
8.7.1 MeadWestVaco Corporation Analysis
8.8 Mondi Group
8.8.1 Mondi Group Analysis
8.9 Owens-Illinois, Inc
8.9.1 Owens-Illinois, Inc Analysis
8.10 Reynolds Group Holdings
8.10.1 Reynolds Group Holdings Analysis
8.11 Rexam Plc
8.11.1 Rexam Plc Analysis
8.12 Saint Gobain
8.12.1 Saint Gobain Analysis
8.13 Tetra Laval Group
8.13.1 Tetra Laval Group Analysis
8.14 Other Leading Companies in the Food Packaging Market
9. Conclusion 9.1 Market Outlook
9.2 Global Food Packaging Market Forecast 2014-2024
9.3 Food Packaging Submarket Forecasts 2014-2024
9.4 Leading National Food Packaging Market Forecasts 2014-2024
10. Glossary
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Contents List of Tables Table 1.1 Global Food Packaging Market Forecast Summary 2014, 2019, 2024 ($bn, CAGR %)
Table 1.2 Food Packaging Submarkets Forecasts Summary 2014, 2019, 2024 ($bn, CAGR %)
Table 1.3 Leading National Food Packaging Market Forecasts Summary 2014, 2019, 2024 ($bn,
CAGR %)
Table 3.1 Global Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%, Cumulative)
Table 4.1 Food Packaging Submarket Forecasts 2014-2024 ($bn, AGR %)
Table 4.2 Rigid Plastic Food Packaging Submarket Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 4.3 Flexible Plastic Food Packaging Submarket Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 4.4 Paper Food Packaging Submarket Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 4.5 Metal Food Packaging Submarket Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 4.6 Glass Food Packaging Submarket Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 4.7 Other Food Packaging Submarket Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 5.1 Leading National Food Packaging Markets Forecast 2014-2024 ($bn, AGR %)
Table 5.2 US Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%, Cumulative)
Table 5.3 Japanese Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 5.4 German Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 5.5 French Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 5.6 Chinese Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 5.7 UK Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%, Cumulative)
Table 5.8 Italian Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%, Cumulative)
Table 5.9 Canadian Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 5.10 Spanish Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 5.11 Australian Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%,
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Contents Cumulative)
Table 5.12 South Korean Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 5.13 Brazilian Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 5.14 Russian Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 5.15 Indian Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 5.16 Rest of the World Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Table 6.1 SWOT Analysis of the Food Packaging Market 2014-2024
Table 8.1 Leading 13 Packaging Companies With a Presence in Food Packaging 2014 (Market
Ranking, Total Revenue $bn)
Table 8.2 Amcor Company Overview 2014 (Total Revenue, HQ, Ticker, Contact, Website)
Table 8.3 Ardagh Group Company Overview 2014 (Total Revenue, HQ, Website)
Table 8.4 Ball Corporation Company Overview 2014 (Total Revenue, HQ, Ticker, Contact,
Website)
Table 8.6 Crown Holdings Inc Company Overview 2014 (Total Revenue, HQ, Ticker, Contact,
Website)
Table 8.7 DS Smith Plc Company Overview 2014 (Total Revenue, HQ, Ticker, Contact, Website)
Table 8.8 MeadWestVaco Company Overview 2014 (Total Revenue, HQ, Ticker, Contact,
Website)
Table 8.9 Mondi Group Company Overview 2014 (Total Revenue, HQ, Ticker, Contact, Website)
Table 8.10 Owens-Illinois, Inc Company Overview 2014 (Total Revenue, HQ, Ticker, Contact,
Website)
Table 8.11 Reynolds Group Holdings Company Overview 2014 (Total Revenue, HQ, Website)
Table 8.12 Rexam Plc Company Overview 2014 (Total Revenue, HQ, Ticker, Contact, Website)
Table 8.13 Saint Gobain Company Overview 2014 (Total Revenue, HQ, Ticker, Contact, Website)
Table 8.14 Tetra Laval Group Company Overview 2014 (Total Revenue, HQ, Website)
Table 8.15 Other Leading Companies in the Food Packaging Market 2014 (Company, Description)
Table 9.1 Global Food Packaging Market Forecast Summary 2014, 2019, 2024 ($bn, CAGR %)
Table 9.2 Food Packaging Submarkets Forecasts Summary 2014, 2019, 2024 ($bn, CAGR %)
Table 9.3 Leading National Food Packaging Market Forecasts Summary 2014, 2019, 2024 ($bn,
CAGR %)
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Contents List of Figures Figure 2.1 Global Food Packaging Market Structure Overview
Figure 3.1 Global Food Packaging Market Forecast 2014-2024 ($bn, AGR%)
Figure 4.1 Food Packaging Submarket Forecasts 2014-2024 ($bn)
Figure 4.2 Food Packaging Submarkets Share Forecast 2014 (%)
Figure 4.3 Food Packaging Submarkets Share Forecast 2019 (%)
Figure 4.4 Food Packaging Submarkets Share Forecast 2024 (%)
Figure 4.5 Rigid Plastic Food Packaging Submarket Forecast 2014-2024 ($bn, AGR%)
Figure 4.6 Rigid Plastic Food Packaging Submarket Share Forecast 2014, 2019 and 2024 (%)
Figure 4.7 Flexible Plastic Food Packaging Submarket Forecast 2014-2024 ($bn, AGR%)
Figure 4.8 Flexible Plastic Food Packaging Submarket Share Forecast 2014, 2019 and 2024 (%)
Figure 4.9 Paper Food Packaging Submarket Forecast 2014-2024 ($bn, AGR%)
Figure 4.10 Paper Food Packaging Submarket Share Forecast 2014, 2019 and 2024 (% Share)
Figure 4.11 Metal Food Packaging Submarket Forecast 2014-2024 ($bn, AGR%)
Figure 4.12 Metal Food Packaging Submarket Share Forecast 2014, 2019 and 2024 (% Share)
Figure 4.13 Glass Food Packaging Submarket Forecast 2014-2024 ($bn, AGR%)
Figure 4.14 Glass Food Packaging Submarket Share Forecast 2014, 2019 and 2024 (% Share)
Figure 4.15 Other Food Packaging Submarket Forecast 2014-2024 ($bn, AGR%)
Figure 4.16 Other Food Packaging Submarket Share Forecast 2014, 2019 and 2024 (% Share)
Figure 5.1 Leading National Food Packaging Markets Forecast 2014-2024 ($bn)
Figure 5.2 Leading National Food Packaging Markets Share Forecast 2014 (%)
Figure 5.3 Leading National Food Packaging Markets Share Forecast 2019 (%)
Figure 5.4 Leading National Food Packaging Markets Share Forecast 2024 (%)
Figure 5.5 US Food Packaging Market Forecast 2014-2024 ($bn, AGR%)
Figure 5.6 US Food Packaging Market Share Forecast 2014, 2019 and 2024 (% Share)
Figure 5.7 Japanese Food Packaging Market Forecast 2014-2024 ($bn, AGR%)
Figure 5.8 Japanese Food Packaging Market Share Forecast 2014, 2019 and 2024 (% Share)
Figure 5.9 German Food Packaging Market Forecast 2014-2024 ($bn, AGR%)
Figure 5.10 German Food Packaging Market Share Forecast 2014, 2019 and 2024 (% Share)
Figure 5.11 French Food Packaging Market Forecast 2014-2024 ($bn, AGR%)
Figure 5.12 French Food Packaging Market Share Forecast 2014, 2019 and 2024 (% Share)
Figure 5.13 Chinese Food Packaging Market Forecast 2014-2024 ($bn, AGR%)
Figure 5.14 Chinese Food Packaging Market Share Forecast 2014, 2019 and 2024 (% Share)
Figure 5.15 UK Food Packaging Market Forecast 2014-2024 ($bn, AGR%)
Figure 5.16 UK Food Packaging Market Share Forecast 2014, 2019 and 2024 (% Share)
Figure 5.17 Italian Food Packaging Market Forecast 2014-2024 ($bn, AGR%)
Figure 5.18 Italian Food Packaging Market Share Forecast 2014, 2019 and 2024 (% Share)
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Contents Figure 5.19 Canadian Food Packaging Market Forecast 2014-2024 ($bn, AGR%)
Figure 5.20 Canadian Food Packaging Market Share Forecast 2014, 2019 and 2024 (% Share)
Figure 5.21 Spanish Food Packaging Market Forecast 2014-2024 ($bn, AGR%)
Figure 5.22 Spanish Food Packaging Market Share Forecast 2014, 2019 and 2024 (% Share)
Figure 5.23 Australian Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%,
Cumulative)
Figure 5.24 Australian Food Packaging Market Share Forecast 2014, 2019 and 2024 (% Share)
Figure 5.25 South Korean Food Packaging Market Forecast 2014-2024 ($bn, AGR%)
Figure 5.26 South Korean Food Packaging Market Share Forecast 2014, 2019 and 2024 (%
Share)
Figure 5.27 Brazilian Food Packaging Market Forecast 2014-2024 ($bn, AGR%)
Figure 5.28 Brazilian Food Packaging Market Share Forecast 2014, 2019 and 2024 (% Share)
Figure 5.29 Russian Food Packaging Market Forecast 2014-2024 ($bn, AGR%)
Figure 5.30 Russian Food Packaging Market Share Forecast 2014, 2019 and 2024 (% Share)
Figure 5.31 Indian Food Packaging Market Forecast 2014-2024 ($bn, AGR%)
Figure 5.32 Indian Food Packaging Market Share Forecast 2014, 2019 and 2024 (% Share)
Figure 5.33 Rest of the World Food Packaging Market Forecast 2014-2024 ($bn, AGR%)
Figure 5.34 Rest of the World Food Packaging Market Share Forecast 2014, 2019 and 2024 (%
Share)
Companies Mentioned in This Report
Acme Sales
Alufoil Products Pvt. Ltd.
Amcor
Anchor Europe Ltd
Anji Xingzhong Bamboo and Wooden Crafts Co. Ltd
Ardagh Group
ArpanFP
Asianet UK, Ltd
Ball Corporation
Bemis Company Inc
Biodegradable Food Service, LLC
BiodegradableStore.com
Cap-it-all Ltd.
Cartotecnica Olimpia s.r.l.
Chadwicks of Bury Ltd
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Contents Chien Fua Bio-tech Industry Co. Ltd
Coextruded Plastic Technologies, Inc.
Confoil Pty Ltd
Constar International
Crown Holdings Inc
Dempson Packaging Ltd
DS Smith Plc
Dyne-a-pak Inc.
Ekan Concepts Inc.
Finest City Paper, Inc
Framarx/Waxstar
Gelpa Packaging
Grays Packaging Co.
GTM Converting Ltd
Guillin Group
H.S. Inc.
HL Paper Products, Inc
Honor Plastic Industrial Co. Ltd
Huhtamaki Oyj
Innovatra
Intraplás S.A.
Kaboglu Plastic
Loynds International Ltd
Manjushree Technopack Ltd
MeadWestVaco Corporation
Metropolitan Tea Company Ltd
Modern Cups Enterprise Co, Ltd.
Mondi Group
MoranUSA, LLC
National Packaging Associates Corp.
Nicholl Food Packaging
Northpak Packaging
Owens-Illinois Inc
Pacific States Plastics
Packaging 4
Packaging Partners, Ltd.
Pakplast International Pty. Ltd.
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Contents Paterson Paper
Pinnacle Plastic Containers
Piz Industries
Print n Pack
Rapid'o Pack
Rexam Plc
Reynolds Group Holdings
Rieke Packaging Systems Englass
Saint Gobain
Scopenext Ltd
SEM Plastik Ltd
Sirane, Ltd
Soil Association
Supreme Foodservice AG
Taipei Pack Industries Corp.
Tech II, Inc.
Tetra Laval Group
Thinware Products Industries, Sdn. Bhd.
Tipper Tie Inc.
Wallace Packaging, LLC
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Contents Government Agencies and Other Organisations Mentioned in This
Report ASX
British Brands
Dublin Stock Exchange
DuPont Awards
European Union
FAO (Food and Agriculture Office of the UN)
INCPEN
International Aluminium Institute
JSE
LSE
MOO
NYSE
Paris Stock Exchange
Pro2Pac
Red Cross
The Packaging Federation
Trading Standards Office
UK Packaging Awards
UN (United Nations)
World Bank
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Food Packaging Market Forecast 2014-2024 & Future Prospects for Leading Companies
4.6.4 Who Is Driving The Growth In Glass?
The growth that is seen in the glass food packaging market will be driven by the emerging market
as the more developed economies which were hit the hardest by the recession have reached a
plateau and their demand levels are falling for glass food packaging. The emerging market on the
other hand are finding their feet and embracing the luxury and import markets which they can now
afford, glass is placed extremely well within these markets to take advantage of this increased
demand. Within the emerging markets it is the wealthier middle classes that look to import glass
packaged food stuffs as they will want to trade up on food products and aim to access a higher
perceived quality of edible goods. Such products are luxury chocolate, refined pasta sauces and
condiments and spices such as honey, cinnamon, saffron and oils. Counteracting this trend,
western and European countries will remain stagnant and look to maintain their level of luxury and
premium foodstuffs and possibly cut down on such consumption in the short run.
4.6.5 Cost Reduction Strategise Aiding The Glass Market
Aiding the strength of glass in the food packaging market is the attempts of the glass food
manufacturers to light weight. Lightweight initiatives within glass food packaging are making glass
packaged food more convenient for the end consumer whilst also lowering the producers carbon
footprint and reducing distribution costs. Glass manufacturers are also trying to compete with the
plastics market by making glass packaging more brandable by emphasising and widening the
range of colours, sizes and design possibilities of glass packaging.
4.6.6 What Does The Future Hold For Glass?
The future for the glass food packaging market will follow a similar trend to that seen after the
financial crash where the rise of superstore and supermarket own branded goods have led to a rise
in the use of paperboard and both rigid and flexible plastic packaging,. The reasoning for this is
simply a cost one as glass is the most expensive packaging material, whereas plastics and
paperboard are the cheapest possible packaging. The rise in paperboard and plastic packaging did
not severely diminish sales looking forward due to the premium value associated with glass. Those
shoppers who buy supermarket own branded goods have traded, from goods that were previously
of a same level to supermarket own branded food and as such packaged in a relatively similar
packaging rather than traded down from luxury food stuffs packaged in glass.
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Food Packaging Market Forecast 2014-2024 & Future Prospects for Leading Companies
UK 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024014-2024
Sales $bn 11.50 11.70 11.90 12.00 12.20 12.40 12.60 12.80 13.00 13.20 13.50 13.80 139.10
AGR (%) 1.7 1.7 0.8 1.7 1.6 1.6 1.6 1.6 1.5 2.3 2.2
1.8CAGR (%) 2014-19
CAGR (%) 2014-24 1.7
CAGR (%) 2019-241.5
0.0
0.5
1.0
1.5
2.0
2.5
0
2
4
6
8
10
12
14
16
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024AG
R (%
)
Sale
s $b
n
Year Market Value AGR %
5.7 UK Food Packaging Market 2014-2024
2014 2019 2024
4.5%
3.9%
3.4%
Table 5.7 UK Food Packaging Market Forecast 2014-2024 ($bn, AGR %, CAGR%, Cumulative)
Figure 5.16 UK Food Packaging Market Share Forecast 2014, 2019 and 2024 (% Share)
Figure 5.15 UK Food Packaging Market Forecast 2014-2024 ($bn, AGR%) Source: Visiongain 2014
Source: Visiongain 2014
Source: Visiongain 2014
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Food Packaging Market Forecast 2014-2024 & Future Prospects for Leading Companies
8.12 Saint Gobain
Total company revenue ($bn) 2012
$56.280bn
Headquarters Courbevoie, France Ticker SGO: Paris Stock Exchange IR Contact www.saint-gobain.com/en/finance/individual-
shareholders Website http://www.saint-gobain.com
8.12.1 Saint Gobain Analysis The Saint-Gobain group have manufactured glass through various names since 1972 and currently
manufactures glass packaging through their Verallia arm. Verallia manufactures glass packaging
primarily for the foodstuffs and beverage industry with 15,500 employees. Verallia currently has 58
production facilities spread across 14 countries and has a commercial presence in 47 countries
across the globe but has a predominant base in Europe. Verallia is the world’s second largest
manufacture of glass packaging behind Owens-Illinois and produced approximately 25 billion glass
bottles and jars in 2011.
Saint-Gobain had planned to list Verallia in an IPO during June 2011, this would have seen the
glass packaging arm of the group release 40% equity to investors. The IPO was planned to raise
$1.36bn but the listing was withdrawn by Saint-Gobain due to a lack of demand and a greater
sense of risk.
Ardagh Group was due to take over Verallia early in 2014 however the move has been delayed by
the US Federal Trade Comission because of the antitrust complaint made on the basis of
proposals made by Ardagh on 11 December 2013. The proposals involve Ardagh Group divesting
six former Anchor Glass plants together with the former Anchor headquarters and infrastructure at
Tampa, Florida, USA. The settlement negotiations with the FTC are described by the glass and
metal packaging specialist as progressing “satisfactorily”. However, the company says, it has
proved not possible to conclude negotiations in time for Ardagh to complete the acquisition of
Verallia by its initial closing date of 13 January 2014.
Table 8.13 Saint Gobain Company Overview 2014 (Total Revenue, HQ, Ticker, Contact, Website)
Source: Visiongain 2014