Spain Pouches Market Size & Outlook, 2023-2030
Spain pouches market, 2018-2030 (US$M)
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Spain pouches market highlights
- The Spain pouches market generated a revenue of USD 576.9 million in 2023 and is expected to reach USD 850.8 million by 2030.
- The Spain market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2023.
- Bioplastics is the most lucrative material segment registering the fastest growth during the forecast period.
Pouches market data book summary
| Market revenue in 2023 | USD 576.9 million |
| Market revenue in 2030 | USD 850.8 million |
| Growth rate | 5.7% (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, Sealed Air Corp, Constantia Flexibles, Coveris, Goglio Group, ProAmpac, Gualapack SpA, Huhtamäki Oyj, Smurfit Kappa Group PLC |
Other key industry trends
- In terms of revenue, Spain accounted for 1.4% of the global pouches market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany pouches 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 850.8 million by 2030.
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Pouches Market Scope
Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain pouches 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 pouches market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 63.53% in 2023. Horizon Databook has segmented the Spain pouches market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
As per the European strategy to tackle plastic waste, packaging must be recyclable, reusable or compostable by 2030. Several companies are striving to achieve a 100% sustainability goal by 2025. In line with this, recently, C&D Foods Spain, S.A., a Spain-based pet food company, transitioned to sustainable mono-material bags with the help of Coveris as a packaging partner.
Mono-material has been gaining traction in the flexible packaging space as it can be recycled easily. This transition is likely to strengthen in the coming years and an increasing number of end-use companies are anticipated to opt for mono-material based pouches for their products.
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Target buyers of Spain pouches market databook
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Our clientele includes a mix of pouches 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 pouches market , including forecasts for subscribers. This country databook contains high-level insights into Spain pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain pouches market size, by material, 2018-2030 (US$M)
Spain Pouches Market Outlook Share, 2023 & 2030 (US$M)
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