Germany Flexible Packaging Market Size & Outlook
Germany flexible packaging market, 2018-2030 (US$M)
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Germany flexible packaging market highlights
- The Germany flexible packaging market generated a revenue of USD 13,575.4 million in 2023 and is expected to reach USD 17,119.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.4% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating raw material in 2023.
- Bioplastics is the most lucrative raw material segment registering the fastest growth during the forecast period.
Flexible packaging market data book summary
| Market revenue in 2023 | USD 13,575.4 million |
| Market revenue in 2030 | USD 17,119.5 million |
| Growth rate | 3.4% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Bioplastics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Paper, Metal, Bioplastics |
| Key market players worldwide | Amcor PLC, Mondi PLC, Huhtamäki Oyj, Sonoco Products Co, Constantia Flexibles, Berry Global Group Inc, Transcontinental Inc Shs -A- Voting Subord., Coveris, DS Smith PLC, Allegion PLC, CCL Industries Inc Registered Shs -B- Non Vtg, Cosmo Films, Graphic Packaging Holding Co, Bemis Manufacturing, ProAmpac, Flexpak, Flex-Pack Engineering, Novolex, Sigma Plastics Group, Bischof + Klein, SÜDPACK, American Packaging Corporation |
Other key industry trends
- In terms of revenue, Germany accounted for 5.0% of the global flexible packaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany flexible packaging market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 5,004.1 million by 2030.
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Flexible Packaging Market Scope
Flexible Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany flexible packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flexible packaging market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 67.03% in 2023. Horizon Databook has segmented the Germany flexible packaging market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
Germany emerged as the largest flexible packaging market in Europe accounting for the largest market share of 24.40% in 2022. The growing number of medical device manufacturers and ongoing research on new packaging materials is driving the medical flexible packaging market. The strong healthcare infrastructure coupled with growing healthcare spending in the public sector is expected to have a positive impact on market demand.
In January 2019, German Packaging Act (VerpackG) was brought into effect to reduce the negative effects of packaging waste on the environment and increase plastic recycling rate. Germany, like many other countries, is becoming increasingly concerned about the environmental impact of packaging waste.
In response, the flexible packaging market is gaining momentum as it offers several eco-friendly advantages. As it is lightweight, flexible packaging helps reduce transportation emissions. Additionally, advancements in sustainable materials further contribute to its appeal. Both brands and consumers in Germany are now actively seeking packaging solutions that have a lower environmental footprint, driving the demand for eco-friendly flexible packaging solutions.
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Target buyers of Germany flexible packaging market databook
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Our clientele includes a mix of flexible packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany flexible packaging market , including forecasts for subscribers. This country databook contains high-level insights into Germany flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany flexible packaging market size, by raw material, 2018-2030 (US$M)
Germany Flexible Packaging Market Outlook Share, 2023 & 2030 (US$M)
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