Market by Material Type (Plastics, Aluminum Foils, Other Material Types) Product (Pouches, Rollstock, Bags, Films & Wraps, Other Products) Printing Technology (Flexography, Rotogravure, Digital Printing, Other Printing Technologies) Application (Food & Beverage, Pharmaceutical, Cosmetics & Toiletries, Other Applications) and Country Outlook | Forecast 2024-2032
According to Triton’s report, the Europe flexible plastic packaging market is estimated to advance at a CAGR of 3.49% during the forecasted phase 2024-2032.
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The flexible plastic packaging market in Europe is witnessing substantial growth, supported by various EU initiatives aimed at sustainability and circular economy principles. According to the European Environment Information and Observation Network (Eionet), the volume of flexible plastics used in packaging has increased significantly due to their lightweight properties, which help reduce food waste and lower the carbon footprint of transportation. To further support this market’s growth, the EU has implemented several initiatives. For instance, the Circular Economy Action Plan promotes the use of recyclable and reusable materials, while the European Plastics Pact targets a 30% increase in the recycling and reuse of plastics by 2025. Moreover, the CEFLEX initiative, which involves over 180 European companies and organizations, focuses on designing flexible packaging for easy collection, sorting, and recycling, thereby supporting flexible packaging products’ demand.
The countries mentioned in this region include:
Germany leads the regional market, obtaining around $13570.70 million in 2023
Germany’s commitment to sustainability extends to various initiatives promoting the recycling and reuse of plastics. The government is pushing for innovations in packaging materials, particularly focusing on increasing the recycled content in plastic packaging.
For instance, as per industry sources, PET bottles are required to contain at least 25% recycled plastic by 2025, rising to 30% by 2030. These measures are set to create opportunities for flexible plastic packaging manufacturers to innovate and expand their offerings.
The government has implemented the Single-Use Plastics Fund Act to reduce the environmental impact of plastic waste. Effective January 1, 2024, this legislation requires producers, fillers, sellers, and importers of single-use plastic products to register and contribute to a fund designed to cover the costs of waste management. This initiative promotes the development of sustainable and innovative flexible packaging solutions.
Market Forecast for the United Kingdom
The United Kingdom’s flexible plastic packaging market is experiencing significant growth owing to rising demand for lightweight and durable packaging solutions across various industries, including food, beverage, and healthcare. This expansion is supported by initiatives aimed at enhancing sustainability and recycling. For instance, the FlexCollect project aims to increase the collection and recycling of flexible plastics through residential pickups, significantly boosting recycling rates.
The market is sectioned in terms of material type, product, application, and printing technology. The material type is segmented into plastics, aluminum foils, and other material types.
Aluminum offers barrier properties that protect against moisture, light, oxygen, and other contaminants. Its incorporation into flexible packaging enhances product shelf life and preserves quality, making it particularly advantageous for food and pharmaceutical applications. Aluminum’s recyclability contributes to its popularity as a sustainable packaging solution. Additionally, aluminum laminates provide excellent printability, allowing for high-quality graphics and branding, which is essential for consumer appeal.
Contender Analysis in the Flexible Plastic Packaging Market:
Coveris is a prominent packaging company specializing in flexible packaging solutions. The company creates packaging products for various items, including food, medical devices, and agricultural goods. Its product range includes labels, food and beverage packaging, pouches, building films, carton boards, stretch films, lamination films, bottom bags, etc. The company operates through three segments: films, flexibles, and labels & boards. Headquartered in Austria, Coveris has a significant presence in several European countries, including the UK, Hungary, Germany, and France.
In June 2024, Coveris introduced MonoFlex Fibre, a paper-based flexible packaging solution. This range provides high shelf impacts and recyclability in the current paper stream.
Other eminent companies thriving in the flexible plastic packaging market are Sealed Air Corporation, Berry Global Group Inc, Constantia Flexibles, and Sonoco Products Company, among others.
KEY DELIVERABLES OF THE REPORT:
Market CAGR during the forecasting years 2024-2032
Detailed data highlighting key insights, industry components, and market strategies
Comprehensive information and estimation of the flexible plastic packaging market revenue growth in Europe and its influence on the parent market
In-depth study of forthcoming trends in consumer behavioral patterns
A meticulous analysis of the competitive landscape and Porter’s Five Forces
A wide-ranging study of factors that will challenge the Europe flexible plastic packaging market’s growth during the upcoming years
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1. EUROPE
FLEXIBLE PLASTIC PACKAGING MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
ANALYSIS ON THE FLEXIBLE PLASTIC PACKAGING MARKET
2.1.1. COVID-19
IMPACT
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF BUYERS
2.2.4. BARGAINING
POWER OF SUPPLIERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. MARKET
ATTRACTIVENESS INDEX
2.4. REGULATORY
FRAMEWORK
2.5. KEY
BUYING IMPACT ANALYSIS
2.5.1. APPLICATION
AND EFFECTIVENESS
2.5.2. COST
2.5.3. SUSTAINABILITY
2.6. SUPPLY
CHAIN ANALYSIS
2.6.1. MATERIAL
TYPE SUPPLIERS
2.6.2. MANUFACTURERS
2.6.3. DISTRIBUTORS
2.6.4. END-USER
2.7. KEY
MARKET STRATEGIES
2.7.1. COLLABORATIONS
2.7.2. PRODUCT
LAUNCHES
2.7.3. ACQUISITIONS
2.7.4. INVESTMENTS
& EXPANSIONS
2.8. MARKET
DRIVERS
2.8.1. ESCALATING
USAGE OF ECONOMICAL AND SUSTAINABLE PACKAGING
2.8.2. NEED
FOR IMPROVED SHELF LIFE
2.8.3. INCREASING
DEMAND FOR PROCESSED AND PACKAGED FOOD
2.9. MARKET
CHALLENGES
2.9.1. PROBLEMS
IN RECYCLING PLASTIC PACKAGING PRODUCTS
2.9.2. INCREASING
COST OF MATERIALS
2.9.3. HIGH
OPERATIONAL COST
2.10. MARKET
OPPORTUNITIES
2.10.1. TECHNOLOGICAL
ADVANCEMENTS IN FLEXIBLE PLASTIC PACKAGING
2.10.2. INCREASED
DEMAND FROM THE E-COMMERCE INDUSTRY
2.11. ANALYST
PERSPECTIVE
3. EUROPE
FLEXIBLE PLASTIC PACKAGING MARKET – BY MATERIAL TYPE
3.1. PLASTICS
3.2. ALUMINUM
FOILS
3.3. OTHER
MATERIAL TYPES
4. EUROPE
FLEXIBLE PLASTIC PACKAGING MARKET – BY PRODUCT
4.1. POUCHES
4.2. ROLLSTOCK
4.3. BAGS
4.4. FILMS
& WRAPS
4.5. OTHER
PRODUCTS
5. EUROPE
FLEXIBLE PLASTIC PACKAGING MARKET – BY PRINTING TECHNOLOGY
5.1. FLEXOGRAPHY
5.2. ROTOGRAVURE
5.3. DIGITAL
PRINTING
5.4. OTHER
PRINTING TECHNOLOGIES
6. EUROPE
FLEXIBLE PLASTIC PACKAGING MARKET – BY APPLICATION
6.1. FOOD
& BEVERAGE
6.2. PHARMACEUTICAL
6.3. COSMETICS
& TOILETRIES
6.4. OTHER
APPLICATIONS
7. EUROPE
FLEXIBLE PLASTIC PACKAGING MARKET – BY COUNTRY OUTLOOK
7.1. EUROPE
7.1.1. COUNTRY
ANALYSIS
7.1.1.1. UNITED
KINGDOM
7.1.1.1.1. UNITED
KINGDOM FLEXIBLE PLASTIC PACKAGING MARKET FORECAST & PROSPECTS
7.1.1.2. GERMANY
7.1.1.2.1. GERMANY
FLEXIBLE PLASTIC PACKAGING MARKET FORECAST & PROSPECTS
7.1.1.3. FRANCE
7.1.1.3.1. FRANCE
FLEXIBLE PLASTIC PACKAGING MARKET FORECAST & PROSPECTS
7.1.1.4. ITALY
7.1.1.4.1. ITALY
FLEXIBLE PLASTIC PACKAGING MARKET FORECAST & PROSPECTS
7.1.1.5. SPAIN
7.1.1.5.1. SPAIN
FLEXIBLE PLASTIC PACKAGING MARKET FORECAST & PROSPECTS
7.1.1.6. REST
OF EUROPE
7.1.1.6.1. REST
OF EUROPE FLEXIBLE PLASTIC PACKAGING MARKET FORECAST & PROSPECTS
8. COMPETITIVE
LANDSCAPE
8.1. CCL
INDUSTRIES INC
8.1.1. OVERVIEW
8.1.2. PORTFOLIO
8.1.3. KEY
STRENGTH
8.1.4. KEY
CHALLENGE
8.2. DS
SMITH
8.2.1. OVERVIEW
8.2.2. PORTFOLIO
8.2.3. KEY
STRENGTH
8.2.4. KEY
CHALLENGE
8.3. SEALED
AIR CORPORATION
8.3.1. OVERVIEW
8.3.2. PORTFOLIO
8.3.3. KEY
STRENGTH
8.3.4. KEY
CHALLENGE
8.4. BERRY
GLOBAL GROUP INC
8.4.1. OVERVIEW
8.4.2. PORTFOLIO
8.4.3. KEY
STRENGTH
8.4.4. KEY
CHALLENGE
8.5. AMCOR
PLC
8.5.1. OVERVIEW
8.5.2. PORTFOLIO
8.5.3. KEY
STRENGTH
8.5.4. KEY
CHALLENGE
8.6. CONSTANTIA
FLEXIBLES
8.6.1. OVERVIEW
8.6.2. PORTFOLIO
8.6.3. KEY
STRENGTH
8.6.4. KEY
CHALLENGE
8.7. SONOCO
PRODUCTS COMPANY
8.7.1. OVERVIEW
8.7.2. PORTFOLIO
8.7.3. KEY
STRENGTH
8.7.4. KEY
CHALLENGE
8.8. COVERIS
8.8.1. OVERVIEW
8.8.2. PORTFOLIO
8.8.3. KEY
STRENGTH
8.8.4. KEY
CHALLENGE
8.9. GLENROY
INC
8.9.1. OVERVIEW
8.9.2. PORTFOLIO
8.9.3. KEY
STRENGTH
8.9.4. KEY
CHALLENGE
8.10. HUHTAMAKI
OYJ
8.10.1. OVERVIEW
8.10.2. PORTFOLIO
8.10.3. KEY
STRENGTH
8.10.4. KEY
CHALLENGE
8.11. MONDI
GROUP
8.11.1. OVERVIEW
8.11.2. PORTFOLIO
8.11.3. KEY
STRENGTH
8.11.4. KEY
CHALLENGE
8.12. PROAMPAC
8.12.1. OVERVIEW
8.12.2. PORTFOLIO
8.12.3. KEY
STRENGTH
8.12.4. KEY
CHALLENGE
8.13. GRAPHIC
PACKAGING INTERNATIONAL LLC
8.13.1. OVERVIEW
8.13.2. PORTFOLIO
8.13.3. KEY
STRENGTH
8.13.4. KEY
CHALLENGE
8.14. PRINTPACK
8.14.1. OVERVIEW
8.14.2. PORTFOLIO
8.14.3. KEY
STRENGTH
8.14.4. KEY
CHALLENGE
8.15. SIGMA
PLASTICS GROUP
8.15.1. OVERVIEW
8.15.2. PORTFOLIO
8.15.3. KEY
STRENGTH
8.15.4. KEY
CHALLENGE
9. RESEARCH METHODOLOGY &
SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: EUROPE
FLEXIBLE PLASTIC PACKAGING MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $ BILLION)
TABLE 2: REGULATORY
FRAMEWORK
TABLE 3: LIST OF
COLLABORATIONS
TABLE 4: LIST OF
PRODUCT LAUNCHES
TABLE 5: LIST OF
ACQUISITIONS
TABLE 6: LIST OF
INVESTMENTS & EXPANSIONS
TABLE 7: EUROPE
FLEXIBLE PLASTIC PACKAGING MARKET, BY MATERIAL TYPE, 2024-2032 (IN $ BILLION)
TABLE 8: EUROPE
FLEXIBLE PLASTIC PACKAGING MARKET, BY PRODUCT, 2024-2032 (IN $ BILLION)
TABLE 9: EUROPE
FLEXIBLE PLASTIC PACKAGING MARKET, BY PRINTING TECHNOLOGY, 2024-2032 (IN $
BILLION)
TABLE 10: EUROPE
FLEXIBLE PLASTIC PACKAGING MARKET, BY APPLICATION, 2024-2032 (IN $ BILLION)
TABLE 11: EUROPE
FLEXIBLE PLASTIC PACKAGING MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $ BILLION)
FIGURE 1: PORTER’S FIVE FORCES ANALYSIS
FIGURE 2: MARKET ATTRACTIVENESS INDEX
FIGURE 3: KEY BUYING IMPACT ANALYSIS
FIGURE 4: SUPPLY CHAIN ANALYSIS
FIGURE 5: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY MATERIAL TYPE,
2023 & 2032 (IN %)
FIGURE 6: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY PLASTICS,
2024-2032 (IN $ BILLION)
FIGURE 7: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY ALUMINUM FOILS,
2024-2032 (IN $ BILLION)
FIGURE 8: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY OTHER MATERIALS,
2024-2032 (IN $ BILLION)
FIGURE 9: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY PRODUCT, 2023
& 2032 (IN %)
FIGURE 10: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY POUCHES,
2024-2032 (IN $ BILLION)
FIGURE 11: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY ROLLSTOCK,
2024-2032 (IN $ BILLION)
FIGURE 12: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY BAGS, 2024-2032
(IN $ BILLION)
FIGURE 13: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY FILMS &
WRAPS, 2024-2032 (IN $ BILLION)
FIGURE 14: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY OTHER PRODUCTS,
2024-2032 (IN $ BILLION)
FIGURE 15: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY PRINTING
TECHNOLOGY, 2023 & 2032 (IN %)
FIGURE 16: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY FLEXOGRAPHY,
2024-2032 (IN $ BILLION)
FIGURE 17: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY ROTOGRAVURE,
2024-2032 (IN $ BILLION)
FIGURE 18: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY DIGITAL PRINTING,
2024-2032 (IN $ BILLION)
FIGURE 19: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY OTHER PRINTING
TECHNOLOGIES, 2024-2032 (IN $ BILLION)
FIGURE 20: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY APPLICATION, 2023
& 2032 (IN %)
FIGURE 21: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY FOOD &
BEVERAGE, 2024-2032 (IN $ BILLION)
FIGURE 22: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY PHARMACEUTICAL,
2024-2032 (IN $ BILLION)
FIGURE 23: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY COSMETICS &
TOILETRIES, 2024-2032 (IN $ BILLION)
FIGURE 24: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY OTHER
APPLICATIONS, 2024-2032 (IN $ BILLION)
FIGURE 25: EUROPE FLEXIBLE PLASTIC PACKAGING MARKET, BY COUNTRY OUTLOOK,
2023 & 2032 (IN %)
FIGURE 26: UNITED KINGDOM FLEXIBLE PLASTIC PACKAGING MARKET 2024-2032 (IN
$ BILLION)
FIGURE 27: GERMANY FLEXIBLE PLASTIC PACKAGING MARKET 2024-2032 (IN $
BILLION)
FIGURE 28: FRANCE FLEXIBLE PLASTIC PACKAGING MARKET 2024-2032 (IN $
BILLION)
FIGURE 29: ITALY FLEXIBLE PLASTIC PACKAGING MARKET 2024-2032 (IN $
BILLION)
FIGURE 30: SPAIN FLEXIBLE PLASTIC PACKAGING MARKET 2024-2032 (IN $
BILLION)
FIGURE 31: REST OF EUROPE FLEXIBLE PLASTIC PACKAGING MARKET 2024-2032 (IN
$ BILLION)