Europe Rigid Plastic Packaging Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 1.53 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Rigid Plastic Packaging Market Analysis
The European Rigid Plastic Packaging Market was valued at USD 65.57 billion in the previous year and is expected to register a CAGR of 1.53% during the forecast period to become USD 72.18 billion by the next five years. The food and beverage sector is experiencing considerable growth, contributing to the expansion of the market being studied. Plastic packaging and bottles are becoming increasingly popular in the beverage and other industries, such as the food, cosmetic, and pharmaceutical sectors.
- The German packaging industry has seen a steady increase in the adoption of plastic packaging solutions in the domestic market due to the various developments made by solution providers and different end users in the country. The consumer's perception of "Made in Germany" goods has provided plastic packaging companies with a more advantageous operating environment. The German government has implemented several stringent regulations in the plastics packaging sector in Germany, such as the German Packaging Act, which requires packaging design to be recyclable and use recyclable or renewable materials. Furthermore, the government has set a target of recycling 63% of plastic packaging by 2022, a significant increase from the 40% recycled in 2018. These regulations are expected to significantly affect the studied market within the foreseeable future.
- According to the Office for National Statistics (UK), the amount of HDPE imported into the United Kingdom from EU and non-Eu countries has escalated significantly in the past few years. The HDPE imports from EU and non-EU during 2022 amounted to a whopping GBP 636.2 million (USD 809.3 million) and GBP 176.6 million (USD 224.6 million), respectively. Increased imports of HDPE mean a higher availability of the material for manufacturers in the UK and potentially other parts of Europe. This improved supply can contribute to the growth of the rigid plastic packaging industry by ensuring a steady source of raw materials.
- The market is also expected to experience significant challenges as regulatory standards constantly change. This is mainly due to the increasing awareness of environmental issues. In the region, the government has addressed the issue of plastic packaging waste and has implemented regulations to reduce the amount of ecological destruction and enhance waste management processes.
- Moreover, the Ukraine-Russia war also impacted the packaging market in the country. Russia banned exporting more than 200 products, including medical equipment and more. Tensions between Russia, Ukraine, and the West may inevitably affect global commodity prices, leading to a surge in recycling. Further, Switzerland recently stated that the prolonged dispute was pushing it to explore urgently stockpiling plastic granules for food packing.
Europe Rigid Plastic Packaging Market Trends
Beverage Segment is Expected to Witness Significant Growth
- In the beverage sector, packaging refers to technological innovations that extend the shelf life of products. Packaging interacts directly with the packaged product to remove residual oxygen, resulting in zero product permeation. By spreading the shelf life of beverage items that might otherwise degrade on store shelves or warehouses, this trend could save business expenses. PET is a reliable plastic for packaging direct-to-consumer products, especially beverages and food. It is comparable to glass in strength and flexibility but cheaper to manufacture and transport before and after bottling.
- The region is witnessing traction for sports drinks and has various leading brands such as Redbull, Monster, Isostar, and Lucozade, among others, who offer the product in plastic bottles. This increases opportunities for vendors in the market for plastic bottle packaging. Overall, the market is expected to grow steadily from other beverages' sales during the forecast period.
- The German beverage industry made around EUR 23.5 billion (USD 25.08 billion) in revenue in 2022, which was an increase of EUR 2 billion (USD 2.1 billion) compared to the year before, according to the Statistischen Bundesamt. As the beverage industry continues to grow, supply chains will likely need to be optimized to ensure products get to the consumer most efficiently. Plastic packaging, known for its strength and protection, could be essential in ensuring product integrity across the entire supply chain.
- According to the Federal Statistics Office (Bundesamt) statistics, in 2022, the average German drank about 6.6 liters of mineral and energy drinks. As the consumption of beverages increases, so does the need for packaging solutions. The rigid plastic packaging is often used for beverages because of its durability, lightness, and ability to maintain the freshness and quality of the product. As consumption increases, manufacturers and distributors will need more rigid plastic packaging to keep up with the market's growth.
Germany to Hold Significant Market Share
- The demand for healthy beverages is growing as consumers become more health conscious, and higher personal earnings have made bottled water more convenient for people. This is a driving factor for Germany's rigid plastic packaging industry growth.
- As now mandated by the EU Plastics Strategy, the German PET industry has been cooperating along the entire value-added chain for years. The sector encourages the creation of new beverage bottles from recycled PET. In Germany, 97 percent of single-use PET bottles are recycled through deposits, and 95 percent have lids.
- Current growth categories in alcoholic beverages include craft beer variations such as pale ale, wheat or lager beer, and alcohol-free beers. Asian beer brands are also gaining popularity and growing in Germany. Changes in consumer preferences have also led to higher consumption of organic wines, beers, and spirits.
- Many brands embrace higher sustainability standards due to consumer influence and growing legislation to encourage recycling. To cater sustainable solutions to such significant brands, packaging manufacturers are developing sustainable solutions. For instance, in October 2022, Sidel launched the 1SKIN, a label-less recycled PET bottle. The company introduced this bottle for the booming market in sensitive juices, teas, and flavored drinks. The new 1SKIN concept represents a breakthrough in sustainability and its streamlined design.
- The German packaging sector generated revenue of more than EUR 35 billion (USD 38.35 billion) in 2022, according to Statistischen Bundesamt. This figure significantly increased from the previous year's revenue of EUR 29.6 billion (USD 32.43 billion). As the packaging sector expands, manufacturers in the rigid plastic packaging market may diversify their product offerings to cater to different industries and consumer preferences. This could lead to specialized rigid plastic packaging solutions for various applications, such as food and beverages, pharmaceuticals, consumer goods, and more.
Europe Rigid Plastic Packaging Industry Overview
Rigid plastic packaging is a highly competitive market. Some of the most prominent players in rigid plastic packaging are Berry Global Inc., Amcor Group GmbH, Alpla Werke Alwin Lehner GmbH & Co KG, Silgan Holdings Inc., Seal Air Corporation, Plastipak Holding, Inc., and Sonoco Products Company, among others.
In July 2023, Berry Global created a range of reusable bottles made entirely out of post-consumer recycled (PCR) plastic for UK ethical cleaning company The Bio-D Company. The range covers several bio-D liquid products such as laundry soap, fabric conditioner, dishwasher detergent, rinsing aid, washing up liquid, and garden cleaner, which includes 750 ml, 1litere, or 5 liters.
In February 2023, Berry Global Healthcare announced the launch of a comprehensive bundle solution designed to assist customers in capitalizing on the growing need for child-resistant packaging for pharmaceutical and herbal markets for syrup and liquid medicinal products. The new Berry Healthcare bundle consists of seven ranges of twenty-eight-millimeter neck PET bottles, ranging from twenty-five millimeters to one thousand millimeters in size, and is available in a variety of designs. The packaging includes eight accompanying closures, each of which is designed to provide tamper-proof and child-resistant capabilities.
Europe Rigid Plastic Packaging Market Leaders
Silgan Holdings Inc.
Berry Global Inc.
Amcor Group GmbH
Alpla Werke Alwin Lehner GmbH & Co KG
Sonoco Products Company
*Disclaimer: Major Players sorted in no particular order
Europe Rigid Plastic Packaging Market News
- August 2023: MonoPET bottle cap for 100% recycled PET bottles announced by Origin Materials. To improve postconsumer PET bottle recycling and pave the way for 100% recycled PET from the cap to the bottle, Origin Materials reports that it has produced a monofilament PET bottle.
- June 2023: Lidl GB, the UK's first supermarket, intends to incorporate Prevented Ocean Plastic into its water bottles. With an annual sales volume of 12 million bottles, this initiative is estimated to prevent nearly 100 tonnes of plastic from entering the oceans yearly, equivalent to approximately 4 million plastic water bottles.
- May 2023: Henkel has launched a new design for the Pril Limited Edition of its dishwashing liquid brand to commemorate spring's arrival. The label claims to feature 100% recycled plastic components, with 50% reportedly sourced from Germany's 'yellow bag' collection system.
- March 2023: Swedish Plastic Recycling and ICA will launch a new bottle of detergent made from 95% recycled plastic. To manufacture SKONA detergent bottles with a 95% recycled plastic content, Swedish Plastic Recycling and ICA are engaged in collecting and sorting household waste.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Assessment of the Impact of COVID-19 on the Market
4.5 Technology Snapshot (Trend Analysis of the Plastic Manufacturing Processes)
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Surge of Recycled Plastics Propelling the Market Growth
5.1.2 Expanding Healthcare Industry Fuels the Demand for Rigid Plastic Packaging
5.2 Market Restraints
5.2.1 Escalating Plastic Resin Costs Pose Significant Challenge for the Market
6. MARKET SEGMENTATION
6.1 By Product
6.1.1 Bottles and Jars
6.1.2 Trays and Containers
6.1.3 Caps and Closures
6.1.4 Other Products (Blister and Clamshell Packs and Rigid Plastic Tubes)
6.2 By Material
6.2.1 Polyethylene (PE)
6.2.2 Polyethylene Terephthalate (PET)
6.2.3 Polypropylene (PP)
6.2.4 Polystyrene (PS) and Expanded Polystyrene (EPS)
6.2.5 Polyvinyl Chloride (PVC)
6.2.6 Other Rigid Plastic Packaging Materials
6.3 By End-user Industry
6.3.1 Food and Beverage
6.3.2 Healthcare
6.3.3 Cosmetics and Personal Care
6.3.4 Industrial
6.3.5 Building and Construction
6.3.6 Automotive
6.3.7 Other End-user industries (Electrical and Electronics)
6.4 By Country
6.4.1 Germany
6.4.2 United Kingdom
6.4.3 France
6.4.4 Italy
6.4.5 Spain
6.4.6 Poland
6.4.7 Rest of Europe
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Amcor Group GmbH
7.1.2 Berry Global Inc.
7.1.3 Alpla Werke Alwin Lehner GmbH & Co KG
7.1.4 Silgan Holdings Inc.
7.1.5 Sealed Air Corporation
7.1.6 Plastipak Holding, Inc.
7.1.7 Sonoco Products Company
7.1.8 Albea Group
7.1.9 Greiner Packaging International GmbH
7.1.10 Coda Plastics Ltd.
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
Europe Rigid Plastic Packaging Industry Segmentation
Rigid plastic packaging is defined as a type with heavier and often stronger materials than flexible plastic packaging. A tough plastic package, known for its strength, offers structure and support to the product. It is applied in various products, offering advantages like resistance to impact, moisture, and environmental factors.
The Europe Rigid Plastic Packaging Market is segmented by Product (Bottles and Jars, Trays and Containers, Caps and Closures), Material (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS) and Expanded Polystyrene (EPS), Polyvinyl Chloride (PVC)), End-user Industry (Food and Beverage, Healthcare, Cosmetics and Personal Care, Industrial, Building and Construction, Automotive) and Country (Germany, United Kingdom, France, Italy, Spain, Poland, Rest of Europe). The market sizes and forecasts are provided in terms of value in USD for all the above segments.
| By Product | |
| Bottles and Jars | |
| Trays and Containers | |
| Caps and Closures | |
| Other Products (Blister and Clamshell Packs and Rigid Plastic Tubes) |
| By Material | |
| Polyethylene (PE) | |
| Polyethylene Terephthalate (PET) | |
| Polypropylene (PP) | |
| Polystyrene (PS) and Expanded Polystyrene (EPS) | |
| Polyvinyl Chloride (PVC) | |
| Other Rigid Plastic Packaging Materials |
| By End-user Industry | |
| Food and Beverage | |
| Healthcare | |
| Cosmetics and Personal Care | |
| Industrial | |
| Building and Construction | |
| Automotive | |
| Other End-user industries (Electrical and Electronics) |
| By Country | |
| Germany | |
| United Kingdom | |
| France | |
| Italy | |
| Spain | |
| Poland | |
| Rest of Europe |
Frequently Asked Questions
What is the current Europe Rigid Plastic Packaging Market size?
The Europe Rigid Plastic Packaging Market is projected to register a CAGR of 1.53% during the forecast period (2024-2029)
Who are the key players in Europe Rigid Plastic Packaging Market?
Silgan Holdings Inc., Berry Global Inc., Amcor Group GmbH, Alpla Werke Alwin Lehner GmbH & Co KG and Sonoco Products Company are the major companies operating in the Europe Rigid Plastic Packaging Market.
What years does this Europe Rigid Plastic Packaging Market cover?
The report covers the Europe Rigid Plastic Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Rigid Plastic Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Rigid Plastic Packaging Industry Report
Statistics for the 2024 Europe Rigid Plastic Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Rigid Plastic Packaging analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
