Market revenue in 2024 | USD 14,362.9 million |
Market revenue in 2030 | USD 17,505.7 million |
Growth rate | 3.4% (CAGR from 2024 to 2030) |
Largest segment | Flexible |
Fastest growing segment | Flexible |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Rigid, Semi-rigid, Flexible |
Key market players worldwide | Amcor PLC, Sealed Air Corp, Sonoco Products Co, Berry Global Group Inc, WestRock Co, Mondi PLC, Genpak, Pactiv Evergreen Inc Ordinary Shares, Winpak Ltd, Alpha Packaging, Packaging Corp of America, Emmerson Resources Ltd, ProAmpac |
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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 food packaging market will help companies and investors design strategic landscapes.
Flexible was the largest segment with a revenue share of 43.74% in 2024. Horizon Databook has segmented the UK food packaging market based on rigid, semi-rigid, flexible covering the revenue growth of each sub-segment from 2018 to 2030.
The UK government passed the UK Plastic Packaging Tax in 2022, to reduce plastic waste generation. It states that tax would be applicable to any plastic in the UK supply chain, which does not contain a minimum of 30% of recycled plastic content.
As a response to this regulation passed by the UK government, food packaging companies in the UK have started opting for alternatives to single-use plastic. Recycled plastic, paper & paperboard, and biodegradable materials are some of the alternate materials used by food packaging companies in the UK for manufacturing food packaging solutions.
Fruits & vegetables are extremely delicate food products and are at risk of getting punctured while packaging. To resolve this issue, food packaging companies in the UK are trying to develop automated solutions for handling extremely delicate food products to prevent any monetary losses.
Horizon Databook provides a detailed overview of country-level data and insights on the UK food packaging market , including forecasts for subscribers. This country databook contains high-level insights into UK food packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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