Market revenue in 2023 | USD 9,634.7 million |
Market revenue in 2030 | USD 12,645.0 million |
Growth rate | 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 |
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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 68.84% in 2023. Horizon Databook has segmented the UK flexible packaging market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
The UK flexible packaging market is driven by growing innovation in packaging forms and materials. The presence of a large number of industries is contributing to the market growth in this country. The growing emphasis on quality healthcare is expected to drive the demand for packaging products as it would directly impact the demand for medical devices and pharmaceuticals.
The UK is one of the top 10 medical device manufacturers globally. The growing exports of medical devices from the UK are expected to result in increased consumption of flexible packaging products.
Pharmaceutical manufacturing is expected to remain a major end-use segment over the forecast period owing to the presence of a large number of pharmaceutical companies. In the UK, the food and beverage industry plays a crucial role in driving the demand for flexible packaging.
Horizon Databook provides a detailed overview of country-level data and insights on the UK flexible packaging market , including forecasts for subscribers. This country databook contains high-level insights into UK flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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