UK Returnable Packaging Market Size & Outlook, 2023-2030
UK returnable packaging market, 2018-2030 (US$M)
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UK returnable packaging market highlights
- The UK returnable packaging market generated a revenue of USD 4,858.0 million in 2023 and is expected to reach USD 7,479.9 million by 2030.
- The UK market is expected to grow at a CAGR of 6.4% 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 4,858.0 million |
| Market revenue in 2030 | USD 7,479.9 million |
| Growth rate | 6.4% (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, UK accounted for 4.2% 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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UK 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 60.5% in 2023. Horizon Databook has segmented the UK returnable packaging market based on plastic, metal, wood covering the revenue growth of each sub-segment from 2018 to 2030.
The growth is attributed to the increasing importance of sustainable packaging coupled with growing concerns on packaging waste. The UK government introduced a new tax on plastic packaging applicable to businesses that use insufficient recycled content.
The law was effective from April 2022 and is aimed to lower the price variations in new plastic and recycled plastic. Government laws like these have been responsible for increasing demand for metal based returnable packaging solutions in the country over the forecast period.
The food & beverage industry is one of the key industries in the manufacturing sector in the country along with chemical, metal and pharmaceutical industries. The food & beverage industry will rose 3.7% in year 2022.
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Our clientele includes a mix of returnable packaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK returnable packaging market , including forecasts for subscribers. This country databook contains high-level insights into UK returnable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK returnable packaging market size, by material, 2018-2030 (US$M)
UK Returnable Packaging Market Outlook Share, 2023 & 2030 (US$M)
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