Europe Returnable Packaging Market Size & Outlook

The returnable packaging market in Europe is expected to reach a projected revenue of US$ 42,385.1 million by 2030. A compound annual growth rate of 5.6% is expected of Europe returnable packaging market from 2024 to 2030.
Revenue, 2023 (US$M)
$28,991.8
Forecast, 2030 (US$M)
$42,385.1
CAGR, 2024 - 2030
5.6%
Report Coverage
Europe

Europe returnable packaging market highlights

  • The Europe returnable packaging market generated a revenue of USD 28,991.8 million in 2023.
  • The market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
  • In terms of segment, plastic was the largest revenue generating material in 2023.
  • Metal is the most lucrative material segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 28,991.8 million
Market revenue in 2030USD 42,385.1 million
Growth rate5.6% (CAGR from 2023 to 2030)
Largest segmentPlastic
Fastest growing segmentMetal
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPlastic, Metal, Wood
Key market players worldwideAMETEK Inc, Incitec Pivot Ltd, Packaged Pumping Stations, Tri-pack Packaging Systems, ORBIS Corp., Nefab Group, CHEP, Four U Packaging & Supplies, UBEECO Packaging Solutions, Returnable Packaging Resource, RPP Containers, Brookfield Business Partners LP


Other key industry trends

  • In terms of revenue, Europe region accounted for 25.1% of the global returnable 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 67,590.3 million by 2030.

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Returnable Packaging Market Companies

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Europe returnable 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 returnable packaging market will help companies and investors design strategic landscapes.


Plastic was the largest segment with a revenue share of 62.12% in 2023. Horizon Databook has segmented the Europe returnable packaging market based on plastic, metal, wood covering the revenue growth of each sub-segment from 2018 to 2030.


Europe is expected to grow at a significant pace over the forecast period with a CAGR of 5.6%. This is largely due to the increasing demand for green packaging products in order to support sustainability initiatives in the region. 

The European Union has been supportive of sustainable development through EU treaties by giving recognition to the environmental, economic, and social dimensions. By the European Commission new roadmap for sustainability in the EU’s economy, which largely affected the end user industries as the objectives, pushed them to adopt green packaging including returnable packaging to a great extent. 

As of 2022, plastic based returnable packaging products dominated the market with a share of 62.1%. However, the demand for metal based returnable packaging products is expected to grow at a significant growth rate of 5.6%, with a high demand for metal-based pallets and IBCs.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe returnable packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Europe returnable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe returnable packaging market size, by country, 2018-2030 (US$M)

Europe Returnable Packaging Market Outlook Share, 2023 & 2030 (US$M)

Europe returnable packaging market size, by country, 2018-2030 (US$M)

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