Europe Protective Packaging Market Size & Outlook
Europe protective packaging market, 2018-2030 (US$M)
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Europe protective packaging market highlights
- The Europe protective packaging market generated a revenue of USD 6,655.8 million in 2023.
- The market is expected to grow at a CAGR of 4.1% from 2024 to 2030.
- In terms of segment, flexible was the largest revenue generating type in 2023.
- Flexible is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 6,655.8 million |
| Market revenue in 2030 | USD 8,819.5 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Flexible |
| Fastest growing segment | Flexible |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Flexible, Foam, Rigid |
| Key market players worldwide | Sealed Air Corp, Sonoco Products Co, Smurfit Kappa Group PLC, WestRock Co, Huhtamäki Oyj, DS Smith PLC, Pregis, Pro-Pac Packaging (Aust) Pty Ltd, Dow Inc, Intertape polymer group, Storopack, International Paper Co, EcoEnclose, Point Five Packaging, Universal Protective Packaging |
Other key industry trends
- In terms of revenue, Europe region accounted for 18.7% of the global protective packaging market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 23,057.9 million by 2030.
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Protective Packaging Market Scope
Protective Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe protective packaging 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 protective packaging market will help companies and investors design strategic landscapes.
Flexible was the largest segment with a revenue share of 66.48% in 2023. Horizon Databook has segmented the Europe protective packaging market based on flexible, foam, rigid covering the revenue growth of each sub-segment from 2018 to 2030.
Europe was third largest region in terms of packaging consumption across the globe, accounted for 19.25% of the global volume share.
The growth is driven by, increasing popularity of online purchase in western European major economies such as the UK, Germany, France, along with other European nations like Russia and Italy.
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Target buyers of Europe protective packaging market databook
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Our clientele includes a mix of protective packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 continent-level data and insights on the Europe protective packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Europe protective packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe protective packaging market size, by country, 2018-2030 (US$M)
Europe Protective Packaging Market Outlook Share, 2023 & 2030 (US$M)
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