United Kingdom Flexible Plastic Packaging Market Size, Share, and COVID-19 Impact Analysis, By Material (Polyethylene, Polypropylene, Polyamide, Polyvinyl Chloride, Polystyrene, and Others), By Product (Pouches, Films & Wraps, Rollstock, Bags, and Others), By Application (Food, Beverages, Pharmaceutical & Healthcare, Personal Care & Cosmetics, and Others), and United Kingdom Flexible Plastic Packaging Market Insights, Industry Trend, Forecasts to 2033
Industry: Consumer GoodsUnited Kingdom Flexible Plastic Packaging Market Insights Forecasts to 2033
- The United Kingdom Flexible Plastic Packaging Market Size is Growing at a CAGR of 3.01% during the forecast period 2023 to 2033
- The United Kingdom Flexible Plastic Packaging Market Size is anticipated to hold a significant share by 2033
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The United Kingdom Flexible Plastic Packaging Market Size is anticipated to hold a significant share by 2033, Growing at a CAGR of 3.01% from 2023 to 2033. The rising plastic recyclability and demand from food sector are driving the growth of the flexible plastic packaging market in the UK.
Market Overview
The flexible plastic packaging market refers to the industry encompassing the production and sale of packaging materials made from flexible plastics, including polyethylene and polypropylene, used for a wide range of products. Flexible plastic packaging is any package or part of a package whose shape can readily be changed when filled or during use. It includes bags, pouches, liners, wraps, rollstock, and other flexible products, possessing the ability to change shape when filled, typically appearing as bags, pouches, wraps, or film rolls. The growing demand for efficient, safe, and sustainable packaging solutions for securing food stocks with reduced wastage among the growing population is driving the flexible plastic packaging market. Innovation in biodegradable materials, better recycling technologies, and sustainable production processes are several factors that provide market opportunities for flexible plastic packaging.
Report Coverage
This research report categorizes the market for the UK flexible plastic packaging market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom flexible plastic packaging market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the UK flexible plastic packaging market.
United Kingdom Flexible Plastic Packaging Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 3.01% |
Historical Data for: | 2019-2022 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 123 |
Segments covered: | By Material, By Product, By Application and COVID-19 Impact Analysis |
Companies covered:: | Amcor PLC, Constantia Flexibles, ALPLA Group, Mondi PLC, Sirane Limited, Surepak Innovative Packaging Solutions, Huhtamaki Oyj, Tyler Innovative Packaging, PB Polybags Co. UK, and others key vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis. |
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Driving Factors
The increasing use of flexible plastic packaging in the food sector due to its cost-effectiveness, lightweight nature, and ability to extend shelf life is driving the market growth. The demand for sustainable alternatives to flexible plastic packaging, such as biodegradable and compostable materials, is propelling the market demand. Further, the demand for enhancing product shelf life contributes to driving the market demand for flexible plastic packaging.
Restraining Factors
An increased raw material price and environmental concerns over plastic waste and recyclability are challenging the market. Further, the lack of robust recycling infrastructure is hindering the market growth.
Market Segmentation
The United Kingdom Flexible Plastic Packaging Market share is classified into material, product, and application.
- The polyethylene segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected period.
The United Kingdom flexible plastic packaging market is segmented by material into polyethylene, polypropylene, polyamide, polyvinyl chloride, polystyrene, and others. Among these, the polyethylene segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected period. Polyethylene is widely used due to its abundant availability as well as increased chemical resistance and inexpensiveness. The increasing use of polyethylene in the packaging solutions, largely across the food & beverage industry, is propelling the market in the polyethylene segment.
- The pouches segment dominates the market with the largest market share in 2023 and is expected to grow at a significant CAGR during the projected period.
The United Kingdom flexible plastic packaging market is segmented by product into pouches, films & wraps, rollstock, bags, and others. Among these, the pouches segment dominates the market with the largest market share in 2023 and is expected to grow at a significant CAGR during the projected period. Pouches form of packaging that are usually single-use bags used for packing everything from snack foods to industrial liquids, and commonly found on supermarket shelves. The popularity of pouch packaging due to its convenience of storage is responsible for propelling the market in the pouches segment.
- The pharmaceutical & healthcare segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected period.
The United Kingdom flexible plastic packaging market is segmented by application into food, beverages, pharmaceutical & healthcare, personal care & cosmetics, and others. Among these, the pharmaceutical & healthcare segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected period. An increasing adoption of different plastic molding techniques, including injection molding, blow molding, and thermoforming in the pharmaceutical sector, contributes to driving the market growth for flexible plastic packaging.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the U.K. flexible plastic packaging market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Amcor PLC
- Constantia Flexibles
- ALPLA Group
- Mondi PLC
- Sirane Limited
- Surepak Innovative Packaging Solutions
- Huhtamaki Oyj
- Tyler Innovative Packaging
- PB Polybags Co. UK
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In April 2024, Berry Global Group, Inc., has invested in additional assets and manufacturing capabilities to increase its healthcare production capacity by up to 30% across three of its European sites. The latest investments underline Berry’s commitment to deliver hig-quality packaging and drug delivery devices that enhance patient experience through improved medicine administration and adherence.
- In August 2023, SIRANE Group, the largest flexible pouch manufacturer in the UK, signed a deal for an undisclosed sum with Bobst for the installation of the first CI flexo press in the UK.
Market Segment
This study forecasts revenue at U.K., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Flexible Plastic Packaging Market based on the below-mentioned segments:
UK Flexible Plastic Packaging Market, By Material
- Polyethylene
- Polypropylene
- Polyamide
- Polyvinyl Chloride
- Polystyrene
- Others
UK Flexible Plastic Packaging Market, By Product
- Pouches
- Films & Wraps
- Rollstock
- Bags
- Others
UK Flexible Plastic Packaging Market, By Application
- Food
- Beverages
- Pharmaceutical & Healthcare
- Personal Care & Cosmetics
- Others
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