Italy Flexible Packaging Market Size & Outlook, 2023-2030
Italy flexible packaging market, 2018-2030 (US$M)
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Italy flexible packaging market highlights
- The Italy flexible packaging market generated a revenue of USD 6,115.8 million in 2023 and is expected to reach USD 8,200.8 million by 2030.
- The Italy market is expected to grow at a CAGR of 4.3% 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 6,115.8 million |
| Market revenue in 2030 | USD 8,200.8 million |
| Growth rate | 4.3% (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, Italy accounted for 2.3% 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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Italy 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 69.54% in 2023. Horizon Databook has segmented the Italy flexible packaging market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
Italy flexible packaging market is expected to grow significantly as flexible packaging materials in Italy adhere to strict regulatory requirements, ensuring compliance with food safety standards and providing child-proof packaging for pharmaceutical products. According to the new Italian Legislative Decree, all plastic packed products must have applicable "environmental labelling" on their packaging.
The packaging law in Italy imposes a strict labelling obligation, making environmental labelling mandatory on all packaging. This compliance requirement has enhanced the attractiveness of flexible packaging to various industries in the country.
There is a growing emphasis on sustainable packaging solutions in Italy, driven by rising consumer awareness and environmental concerns. This trend is pushing the adoption of flexible packaging materials that are recyclable, biodegradable, and made from renewable resources.
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Our clientele includes a mix of flexible packaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy flexible packaging market , including forecasts for subscribers. This country databook contains high-level insights into Italy flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy flexible packaging market size, by raw material, 2018-2030 (US$M)
Italy Flexible Packaging Market Outlook Share, 2023 & 2030 (US$M)
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