Spain Returnable Packaging Market Size & Outlook
Spain returnable packaging market, 2018-2030 (US$M)
Related Markets
Spain returnable packaging market highlights
- The Spain returnable packaging market generated a revenue of USD 2,494.4 million in 2023 and is expected to reach USD 3,689.7 million by 2030.
- The Spain market is expected to grow at a CAGR of 5.8% 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.
Returnable packaging market data book summary
| Market revenue in 2023 | USD 2,494.4 million |
| Market revenue in 2030 | USD 3,689.7 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Plastic |
| Fastest growing segment | Metal |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastic, Metal, Wood |
| Key market players worldwide | AMETEK 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, Spain accounted for 2.2% of the global returnable packaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany returnable packaging market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 7,479.9 million by 2030.
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Returnable Packaging Market Scope
Returnable Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain 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 62.22% in 2023. Horizon Databook has segmented the Spain returnable packaging market based on plastic, metal, wood covering the revenue growth of each sub-segment from 2018 to 2030.
The plastic based returnable packaging type dominated the market with a share of 62.2% as of 2022. However, the strong and durable properties of the metal-based products are expected to drive the market growth of the metal type.
The metal based returnable packaging is expected to grow at a CAGR of 5.7% over the forecast period. Factors that have contributed to enhanced life expectancy include declining infant mortality rate, improved living conditions, improved sanitation, better prevention of communicable diseases, and growing access to healthcare.
Other macroeconomic factors, including rising per capita incomes, growing healthcare awareness, and enhanced penetration of medical insurances, are likely to remain key growth drivers for the pharmaceutical industry.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain returnable packaging market , including forecasts for subscribers. This country databook contains high-level insights into Spain returnable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain returnable packaging market size, by material, 2018-2030 (US$M)
Spain Returnable Packaging Market Outlook Share, 2023 & 2030 (US$M)
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