Europe Plastic Packaging Market by Types (Rigid Plastic Packaging and Flexible Plastic Packaging), Material Types (Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), and Others), End-users (Foods and Beverage, Healthcare and Pharmaceuticals, and Cosmetics and Personal Care [Skin Care, Hair Care, Color Cosmetics, Deodorant and Grooming, and Others]), and Geography (The UK, Germany, Italy, France, Poland, Spain, Russia, and Rest of Europe) – Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023-2031
The Europe Plastic Packaging Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 5.7% during the forecast period, 2023 – 2031. 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.
Market Trends, Drivers, Restraints and Opportunities
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Growing packaging industry is projected to drive the market growth during the forecast period.
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Rapid growth of the fast-moving consumer goods (FMCG) market is anticipated to drive the market growth during the forecast period.
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Rising demand for high-quality packaging of the products is expected to boost the market growth in the coming years.
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Increasing middle-class population with higher purchasing power is projected to drive the market growth during the forecast period.
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Growing rapid expansion of the food & beverage industry is anticipated to drive the market growth during the forecast period.
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Rising demand for convenient products is expected to boost the market growth in the coming years.
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Increasing technological advancements is projected to drive the market growth during the forecast period.
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Poor Infrastructure facilities for recycling is a major factor restraining the market growth in the coming years.
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Stringent government regulations toward the use of plastic and fluctuation in raw material prices are estimated to restrict the market growth in the coming years.
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Increasing number of working women and dominance of nuclear and double-income families can create lucrative opportunities during the forecast period.
Scope of Plastic Packaging Market Report
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 |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
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 |
Europe Plastic Packaging Market Segment Insights
Flexible plastic packaging segment to hold a significant market share
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.
Polyvinyl chloride (PVC) segment is expected to grow at a rapid pace
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.
Foods and beverages segment is anticipated to hold a large market share
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.
Germany is estimated to account a major market share
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.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plastic Packaging Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Plastic Packaging Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plastic Packaging Market - Supply Chain
4.5. Global Plastic Packaging Market Forecast
4.5.1. Plastic Packaging Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plastic Packaging Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Plastic Packaging Market Absolute $ Opportunity
5. Global Plastic Packaging Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Plastic Packaging Market Size and Volume Forecast by Types
5.3.1. Rigid Plastic Packaging
5.3.2. Flexible Plastic Packaging
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Plastic Packaging Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Plastic Packaging Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Plastic Packaging Demand Share Forecast, 2019-2026
7. North America Plastic Packaging Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Plastic Packaging Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Plastic Packaging Market Size and Volume Forecast by Types
7.4.1. Rigid Plastic Packaging
7.4.2. Flexible Plastic Packaging
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Plastic Packaging Demand Share Forecast, 2019-2026
8. Latin America Plastic Packaging Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Plastic Packaging Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Plastic Packaging Market Size and Volume Forecast by Types
8.4.1. Rigid Plastic Packaging
8.4.2. Flexible Plastic Packaging
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Plastic Packaging Demand Share Forecast, 2019-2026
9. Europe Plastic Packaging Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Plastic Packaging Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Plastic Packaging Market Size and Volume Forecast by Types
9.4.1. Rigid Plastic Packaging
9.4.2. Flexible Plastic Packaging
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Plastic Packaging Demand Share Forecast, 2019-2026
10. Asia Pacific Plastic Packaging Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Plastic Packaging Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Plastic Packaging Market Size and Volume Forecast by Types
10.4.1. Rigid Plastic Packaging
10.4.2. Flexible Plastic Packaging
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Plastic Packaging Demand Share Forecast, 2019-2026
11. Middle East & Africa Plastic Packaging Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Plastic Packaging Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Plastic Packaging Market Size and Volume Forecast by Types
11.4.1. Rigid Plastic Packaging
11.4.2. Flexible Plastic Packaging
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Plastic Packaging Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Plastic Packaging Market: Market Share Analysis
12.2. Plastic Packaging Distributors and Customers
12.3. Plastic Packaging Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Amcor PLC
12.4.2. Sealed Air Corporation
12.4.3. RPC Group Limited
12.4.4. Constantia Flexibles GmbH
12.4.5. Sonoco Products Company