Market Forecast by Product (bottles, cans, wraps and films, bags, pouches and others), by Type (Rigid and Flexible), by Application (Industrial Packaging, pharmaceuticals, food & beverages, Personal and Household Care and others), By Countries (United Kingdom, Italy, France, Germany and rest of Europe) and Competitive Landscape
Product Code: ETC054910 | Publication Date: May 2021 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Europe Plastic Packaging Market |
Forecast Period | 2024-2030 |
Market Size | USD 150 Billion by 2030 |
CAGR | 4.8% |
Growing Sector | Packaging Industry |
The Europe Plastic Packaging Market thoroughly covers the market by Product, Type, Application, and Country. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Europe Plastic Packaging Market Size is projected to witness substantial growth from 2024 to 2030, with an estimated market valuation expected to reach $150 billion by 2030. The market is forecasted to expand at a compound annual growth rate (CAGR) of 4.8% during the period. This growth is driven by the increasing demand for sustainable and lightweight packaging solutions across various industries, including food and beverage, healthcare, and personal care.
One of the key factors contributing to the Europe Plastic Packaging Market growth is the stringent regulations imposed by the European Union to reduce environmental impacts, which are accelerating advancements in biodegradable, recyclable, and reusable packaging technologies. Additionally, rising consumer awareness toward sustainability, paired with the rapid shift to e-commerce and packaged goods, further fuels the demand for innovative plastic packaging designs. Major players in the region are focusing on adopting eco-friendly solutions and investing in advanced technologies, positioning Europe as a leader in green packaging initiatives while meeting the evolving needs of industries and consumers alike.
The Europe Plastic Packaging Market is set for consistent growth, driven by the increasing focus on sustainability and innovation across various sectors. Industries such as food and beverage, healthcare, and personal care are propelling demand for advanced and eco-friendly packaging solutions. Governments and regulatory bodies in Europe are playing a significant role by enforcing stringent guidelines on reducing environmental impact, which fosters the adoption of biodegradable and recyclable materials.
The Europe Plastic Packaging Industry is also influenced by growing e-commerce trends and the rising demand for lightweight, durable, and aesthetically appealing packaging designs. Flexible packaging solutions are gaining traction due to their versatility and cost-efficiency. Additionally, consumer awareness regarding sustainability continues to reshape market dynamics, encouraging companies to invest in green technologies and circular economy models. These factors collectively position Europe as a pioneer in plastic packaging innovations, with its markets poised for steady progress through 2030.
According to 6Wresearch, the Europe Plastic Packaging Market is estimated to reach a CAGR of 4.8% during the forecast period 2024-2030. The growth of the Europe Plastic Packaging Market revenue is significantly influenced by the rising demand for sustainable and innovative packaging solutions. Factors such as regulatory mandates from the European Union on reducing environmental impacts and the adoption of circular economy models are driving industry advancements. Increasing consumer awareness around eco-friendly products and the growing e-commerce sector further contribute to the marketโs positive trajectory. Flexible packaging solutions, known for their cost-effectiveness and adaptability, remain a key driver in meeting evolving industry demands.
However, the industry faces notable challenges, including the high costs associated with implementing sustainable technologies and the complexity of transitioning to biodegradable and recyclable materials. Additionally, manufacturers must address supply chain inefficiencies and fluctuations in raw material prices, which can hinder operations. Balancing environmental compliance with economic feasibility continues to be an industry concern. Despite these hurdles, the Europe Plastic Packaging Market size is expected to maintain growth, driven by continuous innovation and investment in advanced, eco-friendly solutions to meet both consumer preferences and regulatory expectations.
The Europe Plastic Packaging Market growth is strongly influenced by the region's increasing emphasis on sustainability and innovation. With stringent environmental regulations such as the European Union's Single-Use Plastics Directive, there is a significant shift toward biodegradable and recycled plastic packaging options. Companies are investing heavily in research and development to create eco-friendly solutions that comply with these regulations while meeting consumer demands for functionality and convenience.
Furthermore, the rise of e-commerce and online retail in Europe is driving the need for lightweight, durable, and protective packaging. Consumer goods and food and beverage industries remain key contributors to the market's expansion, accounting for a substantial portion of the Europe Plastic Packaging Market share. Additionally, innovations such as intelligent packaging with tracking features and tamper-evident designs are adding value for end-users and enhancing product appeal across the region's market landscape.
The Europe Plastic Packaging Market presents a range of lucrative investment opportunities, driven by the region's focus on sustainability, innovative solutions, and the growing demand for consumer goods. Investors can explore the following key areas to capitalize on the market's potential-
Sustainable Packaging Solutions- With stringent environmental regulations and consumer preference for eco-friendly products, investment in biodegradable and recyclable packaging materials is expected to drive profitability.
Technological Innovations- Companies focusing on advancements such as intelligent packaging, tamper-evident designs, and lightweight materials have a competitive edge, ensuring growth in the market.
E-Commerce Growth- The rise of online retail has increased demand for protective and durable packaging. Investments in this segment offer steady returns as e-commerce continues to expand.
Food and Beverage Industry- This sector remains a significant contributor to the Europe Plastic Packaging Market Revenue, creating opportunities for investors in innovative packaging solutions that ensure freshness and convenience.
R&D for Circular Economy Initiatives- Funding research and development in circular economy practices, such as reuse and recycling systems, offers sustainable long-term investment prospects.
The Europe plastic packaging market is a dynamic and competitive industry, fueled by the growing demand for packaging solutions across various sectors. Here are some of the leading players in the market-
Amcor plc- Amcor is a global leader in responsible packaging solutions, offering a wide range of innovative plastic packaging products. With a strong focus on sustainability, Amcor aims to deliver packaging solutions that are both functional and environmentally friendly.
Berry Global Group- Berry Global Group is a leading manufacturer of plastic packaging and protection solutions. Their extensive product portfolio includes containers, bottles, closures, films, and more. Berry Global Group is known for its dedication to quality, innovation, and customer satisfaction.
RPC Group- RPC Group specializes in the design and manufacture of rigid plastic packaging solutions for various industries, including food and beverage, healthcare, and personal care. They offer a wide range of packaging options, utilizing advanced technologies and sustainable practices.
ALPLA Group- ALPLA is a global leader in the development and production of plastic packaging solutions. With a focus on innovation and sustainability, ALPLA offers a diverse range of packaging products, including bottles, caps, and preforms, catering to various industries such as food and beverage, personal care
Government regulations play a significant role in shaping the Europe Plastic Packaging industry, particularly as the region strives to adopt sustainable practices. The European Union has implemented stringent policies under frameworks like the Single-Use Plastics Directive, which aims to reduce plastic waste and promote the use of recyclable and biodegradable materials. Regulations also emphasize extended producer responsibility (EPR), requiring manufacturers to manage the recycling and disposal of packaging efficiently. These policies encourage the adoption of eco-friendly solutions, supporting a shift toward a circular economy. Additionally, limits on carbon emissions and waste management targets compel companies within the Europe Plastic Packaging industry to invest in innovation and environmentally conscious production methods. Compliance with these regulations is not only mandatory but also key to maintaining a competitive edge in a market increasingly shaped by sustainability demands.
The future of the Europe Plastic Packaging Market is poised for significant growth, driven by continued innovation and evolving consumer demands. The market is expected to expand as industries emphasize sustainability and adaption to strict environmental regulations. Efforts to enhance the recyclability and biodegradability of packaging materials will likely drive innovation, supporting the transition toward a circular economy. Additionally, the rising demand from sectors such as e-commerce and food and beverages will propel advancements in smart and lightweight packaging solutions.
Forecasts indicate a substantial increase in the Europe Plastic Packaging Market size, supported by the adoption of intelligent systems and digital technologies that enhance supply chain efficiency and product traceability. Companies investing in sustainable practices and aligning with regulatory frameworks are expected to secure long-term growth. Overall, the market will continue to evolve, reflecting a balance between functional requirements, environmental considerations, and technological advancements.
The Report offers a comprehensive study of the subsequent market segments and their leading categories.
Rigid packaging is anticipated to dominate this segment, driven by its durability, protection capabilities, and widespread use in industries such as food and beverages, pharmaceuticals, and personal care. Key products in this category include bottles, cans, and containers. However, flexible packaging is also gaining traction due to its lightweight nature and versatility, making it particularly attractive for e-commerce and FMCG sectors.
Biodegradable plastic packaging is set to lead this segment, reflecting the increasing focus on sustainability and alignment with environmental regulations. Manufacturers are rapidly shifting towards biodegradable and compostable materials to meet consumer and regulatory demands, while recyclable plastics continue to hold a significant share, thanks to advancements in recycling technologies.
The food and beverage sector is expected to dominate the application segment, as it remains the largest consumer of plastic packaging for preserving freshness and ensuring product safety. Growing trends in convenience foods and ready-to-eat meals have further driven demand for innovative and functional packaging solutions tailored to this industry. The e-commerce sector also remains a key contributor as online retail expands across the region.
According to Saurabh, Senior Research Analyst, 6Wresearch, Germany is projected to lead the regional market, propelled by its robust manufacturing base, technological innovations, and strong environmental policies. The countryโs focus on adopting circular economy practices further reinforces its position as a market leader. Meanwhile, countries like France and the United Kingdom are also emerging as influential players due to their emphasis on sustainability and large-scale consumption in key industries.
The report provides a detailed analysis of the following market segments
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Europe Plastic Packaging Market Overview |
3.1. Europe Plastic Packaging Market Revenues, 2020 & 2030F |
3.2. Europe Plastic Packaging Market - Application Life Cycle |
3.3. Europe Plastic Packaging Market - Porter's Five Forces |
3.4. Europe Plastic Packaging Market Revenue Share, By Type, 2020 & 2030F |
3.5. Europe Plastic Packaging Market Revenue Share, By Product, 2020 & 2030F |
3.6. Europe Plastic Packaging Market Revenue Share, By Application, 2020 & 2030F |
3.7. Europe Plastic Packaging Market Revenue Share, By Countries, 2020 & 2030F |
4. Europe Plastic Packaging Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Europe Plastic Packaging Market Trends |
6. Europe Plastic Packaging Market, By Type |
6.1. Europe Plastic Packaging Market, By Type |
6.1.1. Overview and Analysis |
6.1.2. Europe Plastic Packaging Market Revenues, By Rigid, 2020 - 2030F |
6.1.3. Europe Plastic Packaging Market Revenues, By Flexible, 2020 - 2030F |
7. Europe Plastic Packaging Market, By Product |
7.1. Europe Plastic Packaging Market, By Product |
7.1.1. Overview and Analysis |
7.1.2. Europe Plastic Packaging Market Revenues, By Bottles, 2020 - 2030F |
7.1.3. Europe Plastic Packaging Market Revenues, By Cans, 2020 - 2030F |
7.1.4. Europe Plastic Packaging Market Revenues, By Wraps and Films, 2020 - 2030F |
7.1.5. Europe Plastic Packaging Market Revenues, By Bags, 2020 - 2030F |
7.1.6. Europe Plastic Packaging Market Revenues, By Pouches, 2020 - 2030F |
7.1.7. Europe Plastic Packaging Market Revenues, By Others, 2020 - 2030F |
8. Europe Plastic Packaging Market, By Application |
8.1. Europe Plastic Packaging Market, By Application |
8.1.1. Overview and Analysis |
8.1.2. Europe Plastic Packaging Market Revenues, By Food and Beverage, 2020 - 2030F |
8.1.3. Europe Plastic Packaging Market Revenues, By Industrial Packing, 2020 - 2030F |
8.1.4. Europe Plastic Packaging Market Revenues, By Pharmaceutical, 2020 - 2030F |
8.1.5. Europe Plastic Packaging Market Revenues, By Personal and Household Care, 2020 - 2030F |
8.1.6. Europe Plastic Packaging Market Revenues, By Others, 2020 - 2030F |
10. Italy Plastic Packaging Market |
10.1. Italy Plastic Packaging Market, By Type |
10.2. Italy Plastic Packaging Market, By Product |
10.3. Italy Plastic Packaging Market, By Application |
10.4. Italy Plastic Packaging Market, By Countries |
11. Germany Plastic Packaging Market |
11.1. Germany Plastic Packaging Market, By Type |
11.2. Germany Plastic Packaging Market, By Product |
11.3. Germany Plastic Packaging Market, By Application |
11.4. Germany Plastic Packaging Market, By Countries |
12. United Kingdom Plastic Packaging Market |
12.1. United Kingdom Plastic Packaging Market, By Type |
12.2. United Kingdom Plastic Packaging Market, By Product |
12.3. United Kingdom Plastic Packaging Market, By Application |
12.4. United Kingdom Plastic Packaging Market, By Countries |
13. France Plastic Packaging Market |
13.1. France Plastic Packaging Market, By Type |
13.2. France Plastic Packaging Market, By Product |
13.3. France Plastic Packaging Market, By Application |
13.4. France Plastic Packaging Market, By Countries |
14. Rest of Europe Plastic Packaging Market |
14.1. Rest of Europe Plastic Packaging Market Overview |
15. Europe Plastic Packaging Market Import-Export Trade Statistics |
15.1. Europe Plastic Packaging Market Export to Major Countries |
15.2. Europe Plastic Packaging Market Imports from Major Countries |
16. Europe Plastic Packaging Market Key Performance Indicators |
17. Europe Plastic Packaging Market - Opportunity Assessment |
17.1. Europe Plastic Packaging Market Opportunity Assessment, By Type, 2020 & 2030F |
17.2. Europe Plastic Packaging Market Opportunity Assessment, By Product, 2020 & 2030F |
18. Europe Plastic Packaging Market - Competitive Landscape |
18.1. Europe Plastic Packaging Market Revenue Share, By Companies, 2023 |
18.2. Europe Plastic Packaging Market Competitive Benchmarking, By Operating and Technical Parameters |
19. Company Profiles |
20. Recommendations |
21. Disclaimer |