Market revenue in 2023 | USD 8,697.3 million |
Market revenue in 2030 | USD 12,144.4 million |
Growth rate | 4.9% (CAGR from 2023 to 2030) |
Largest segment | Plastics |
Fastest growing segment | Bioplastics |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Plastics, Paper, Metal, Bioplastics |
Key market players worldwide | Amcor PLC, Mondi PLC, Sealed Air Corp, Constantia Flexibles, Coveris, Goglio Group, ProAmpac, Gualapack SpA, Huhtamäki Oyj, Smurfit Kappa Group PLC |
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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 pouches market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 63.27% in 2023. Horizon Databook has segmented the Europe pouches market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
Europe emerged as the third-largest pouch consuming region after the Asia Pacific and North America in 2020. The region is expected to offer lucrative growth opportunities to flexible packaging products such as pouches as compared to their rigid counterparts owing to high awareness regarding sustainability among the European population.
Moreover, steady expansion of key end-use industries, including pharmaceutical, food & beverage, and personal care, is expected to positively affect the growth of the European pouches market over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe pouches market , including forecasts for subscribers. This continent databook contains high-level insights into Europe pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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