The Europe plastic packaging market size is anticipated to expand at a significant CAGR during the forecast period, 2021-2028. The growth of the market is attributed to increasing shelf life of products from breakage, spoilage, and contamination.
Plastic packaging means all plastic materials can be used for the confining, housing, protection, handling, delivery and presentation of goods from basic material to prepared goods. The plastic material has glass clear quality. They are used for food packaging such as fresh salads, fruits, cold meats, and snacks. Plastic packaging protect the products from oxygen, dust, moisture, light, and odor. Plastic packaging is flexible for packaging as it allows manufacturers to cater the customers requirement.
The COVID-19 pandemic has positively impacted the market due to increasing demand for essential services such as personal and healthcare products, especially HDPE containers, pumps, and pharmaceutical bottles.
The report on the Europe plastic packaging market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Europe Plastic Packaging Market- Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Types (Rigid Plastic Packaging and Flexible Plastic Packaging), Material Types (Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), and Others), and End-users (Foods and Beverages, Healthcare and Pharmaceuticals, and Cosmetics and Personal Care [Skin Care, Hair Care, Color Cosmetics, Deodorant and Grooming, and Others]) |
Geography |
The UK, Germany, Italy, France, Poland, Spain, Russia, and Rest of Europe |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Amcor PLC; Sealed Air Corporation; RPC Group Limited; Constantia Flexibles GmbH; and Sonoco Products Company |
Based on types, the market is segmented into rigid plastic packaging and flexible plastic packaging. The rigid plastic packaging segment is anticipated to hold a key share of the market in the coming years due to its lightweight and cost-effectiveness to transport. However, the flexible plastic packaging segment is anticipated to expand at a rapid pace during the forecast period owing to enhanced protection, reusable, and environmentally friendly.
On the basis of material types, the market is divided into polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), polyethylene terephthalate (PET), and Others. The PET segment is expected to represent a major share of the market in the coming years due to its toughness and and high impact strength.
Moreover, PET packaging is simple to transport. However, the PVC segment is anticipated to expand at a rapid pace during the forecast period owing to abrasion resistance, light weight, good mechanical strength, and toughness.
In terms of end-users, the market is divided into foods and beverages, healthcare and pharmaceuticals, and cosmetics and personal care. The cosmetics and personal care segment is segregated into skin care, hair care, color cosmetics, deodorant and grooming, and others. The cosmetics and personal care segment is expected to hold a key share of the market in the coming years owing to increasing demand for pouches.
However, the foods and beverages segment is anticipated to expand at a rapid pace during the forecast period owing to rise in demand for jars, bottles, and containers.
In terms of geography, the market is classified as the UK, Germany, Italy, France, Poland, Spain, Russia, and Rest of Europe. The UK is expected to constitute a key share of the market during the projected period due to rising domestic demand for ready-to-eat & convenience food products. However, the market in Germany is anticipated to expand at a rapid pace during the forecast period due to increasing preference for beauty and personal care products.
Segments Covered in the Report
The Europe plastic packaging market has been segmented on the basis of
Types
Key players competing in the Europe plastic packaging market includes Amcor PLC; Sealed Air Corporation; RPC Group Limited; Constantia Flexibles GmbH; and Sonoco Products Company.
Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.
Segments Covered in the Report
The Europe plastic packaging market has been segmented on the basis of
Types
Key players competing in the Europe plastic packaging market includes Amcor PLC; Sealed Air Corporation; RPC Group Limited; Constantia Flexibles GmbH; and Sonoco Products Company.
Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.
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