Spain Flexible Packaging Market Size & Outlook, 2023-2030
Spain flexible packaging market, 2018-2030 (US$M)
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Spain flexible packaging market highlights
- The Spain flexible packaging market generated a revenue of USD 3,675.9 million in 2023 and is expected to reach USD 5,004.1 million by 2030.
- The Spain market is expected to grow at a CAGR of 4.5% 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 3,675.9 million |
| Market revenue in 2030 | USD 5,004.1 million |
| Growth rate | 4.5% (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, Spain accounted for 1.4% 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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Spain 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 68.94% in 2023. Horizon Databook has segmented the Spain flexible packaging market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
Spain flexible packaging market is expected to grow at significant rate owing to the favorable regulatory landscape and rapid growth of food and beverage industry in the country. In December 2022, the Government of Spain introduced new environmental signage requirements for packaging across all the industries under the Spanish Royal Decree, Real Decreto 1055/2022, which included waste management and packaging labeling.
Government inclination toward sustainable packaging and plastic waste management is expected to foster the growth of flexible plastic packaging in the country over the forecast period.
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Target buyers of Spain 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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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain flexible packaging market , including forecasts for subscribers. This country databook contains high-level insights into Spain flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain flexible packaging market size, by raw material, 2018-2030 (US$M)
Spain Flexible Packaging Market Outlook Share, 2023 & 2030 (US$M)
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