Europe Plastic Bottle Containers Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Europe Plastic Bottles And Containers Market Analysis

The Europe Plastic Bottles And Containers Market size is estimated at USD 35.18 billion in 2024, and is expected to reach USD 42.53 billion by 2029, growing at a CAGR of 3.87% during the forecast period (2024-2029).

Plastic bottles and containers made of plastics, such as polyethylene terephthalate, polypropylene, and polyethylene, are widely used for bottles and containers. Plastic materials are lightweight and unbreakable, making them easier to handle. Even manufacturers prefer to use plastic packaging, owing to the lower cost of production. The cost-effective nature and dependence on packaged, processed food and various beverages will influence the plastic bottles and containers market during the forecast period.

• Plastics have been increasingly adopted due to their lightweight properties because lightweight plastic packaging can preserve energy in transporting packed goods and lower emissions. The lightweight properties of plastic are the primary advantage of expanding the market. Compared to other materials, such as glass, which is much heavier than plastic, more trips are required while transporting.
• Plastic bottles and containers are made of various raw plastic materials, and polyethylene terephthalate (PET) ones are preferred owing to their durability, versatility, and cost-effectiveness. As the end-user industries, such as food, beverage, and pharmacy, expand in Europe and innovate, the need for plastic bottles and container packaging also increases. The industry's introduction of new drinks with different flavors and packaging formats will continually encourage the need for rigid plastic bottles.
• Further, the use of plastic bottles in the beverage sector is widely witnessed, owing to the never-ending need for bottled water and non-alcoholic beverages. The need for bottled water is attributed to specifically high-quality drinking water, owing to the fear of diseases due to drinking polluted tap water and the ease of portability and comfort provided by bottled water.
• Additionally, according to a study by the European Commission, PET bottles and their lids are some of the most widely found items in ocean debris. Moreover, the European Council adopted new rules within the European Union that may restrict the use of many single-use plastic items and introduce recycling targets.
• With growing concerns about plastic pollution, manufacturers and consumers are also inclining themselves toward other packaging materials that offer environment-friendly properties. The consumption of aluminum and glass might witness rising adoption rates owing to their eco-friendly nature and high recyclability.

Europe Plastic Bottles And Containers Market Trends

The Beverages Segment is Expected to Hold a Significant Market Share

Europe Plastic Bottles And Containers Industry Segmentation

Bottles are defined as rigid plastic containers with an open cap medium or a dispensing interface (such as a dropper, nozzles, pumps, and sprays) that the manufacturer primarily uses to pack liquid, oil, or semi-solid products are considered under this category. Containers are rigid plastic solutions with only an open cap or closure medium for dispensing and usually contain very high or very minimal quantities of product (jars, canisters, buckets/pails, boxes, gallons, tubs, etc.). Unlike bottles, the containers classified in this section are, in most cases, reusable and have a high demand from aftermarket sales compared to the market or consumption from manufacturers.

The European plastic bottles and containers market is segmented by raw material (polyethylene terephthalate (PET), polypropylene (PP), low-density polyethylene (LDPE), high-density polyethylene (HDPE), and other raw materials), by end-user vertical (beverages[bottled water, carbonated soft drinks, milk, and other beverages], food, cosmetics, pharmaceuticals, and household care), and by country (United Kingdom, Germany, France, Spain, Italy, and Rest of Europe). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.