Market revenue in 2023 | USD 1,504.4 million |
Market revenue in 2030 | USD 2,145.3 million |
Growth rate | 5.2% (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 |
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
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 62.82% in 2023. Horizon Databook has segmented the UK pouches market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
The UK pouch packaging market is expected to grow on account of extensive presence of end-use industries. However, the UK is among the countries that generates the highest per capita plastic waste in the world. It was ranked second in the world in 2019 with per capita plastic waste of 99 kg per year.
Thus, to curb rising plastic waste or to bolster sustainability in packaging, from 2022, the UK government is likely to impose tax on all plastic packaging that does not contain at least 30% recycled materials. Such stringent regulations on the use of plastic packaging are anticipated to hamper the growth of the plastic-based pouches market over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the UK pouches market , including forecasts for subscribers. This country databook contains high-level insights into UK pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account