Market revenue in 2023 | USD 1,788.5 million |
Market revenue in 2030 | USD 2,379.3 million |
Growth rate | 4.2% (CAGR from 2023 to 2030) |
Largest segment | Flexible |
Fastest growing segment | Foam |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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 protective packaging market will help companies and investors design strategic landscapes.
Flexible was the largest segment with a revenue share of 64.76% in 2023. Horizon Databook has segmented the UK protective packaging market based on flexible, foam, rigid covering the revenue growth of each sub-segment from 2018 to 2030.
Driven by the remarkable growth in e-commerce industry in the country in the past few years. According to Office for National Statistics, online sales in the country is increased by 21.3% till 2016 and is anticipated to increase by 30% at the end of 2017.
Among the online purchases, consumer electronics, household appliances, clothes, footwear, and food products accounted for almost one third of the overall online sales in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the UK protective packaging market , including forecasts for subscribers. This country databook contains high-level insights into UK protective packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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