Germany Plastic Packaging Market Size, Share, and COVID-19 Impact Analysis, By Material (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS), Expanded Polystyrene (EPS), and Others), By Product (Rigid Plastic and Flexible Plastic), By Technology (Injection Molding, Extrusion, Blow Molding, Thermoforming, and Others), By Application (Food & Beverages, Industrial Packaging, Pharmaceuticals, Personal & Household Care, and Others), and Germany Plastic Packaging Market Insights, Industry Trend, Forecasts to 2033

Germany Plastic Packaging Market Insights Forecasts to 2033

• The Germany Plastic Packaging Market Size is Growing at a CAGR of 2.36% from 2023 to 2033
• The Germany Plastic Packaging Market Size is expected to hold a significant share by 2033

The Germany Plastic Packaging Market Size is Anticipated to hold a Significant share by 2033, growing at a CAGR of 2.36% from 2023 to 2033. The increasing adoption of lightweight packaging methods and increased eco-friendly packaging & recycled plastic is driving the plastic packaging market in the Germany.     

Market Overview

Plastic packaging market refers to the industry that emphasizes plastic materials to contain, protect, and transport goods. Plastic packaging is made from synthetic polymers, and allows to protect, preserve, store, and transport products in a variety of ways. It is manufactured by converting thermoplastic and thermosetting resins through a number of production methods. Plastic packaging is preferably used in personal and household care, pharmaceuticals, food & beverages over glass or metal as it provides a flexible, lightweight, and transparent form of packaging. Further, the packaging aids in preserving the product integrity due to its non-degrading nature in extreme temperatures. There is increasing use of extrusion-based plastic packaging in construction, automotive, and consumer goods due to versatility, durability, and cost-effectiveness. Further, the demand for packaged food due to urbanization, lifestyle changes, economic activities, and penetration of e-retail drives the market demand for plastic packaging. The low cost and excellent printability associated with plastics provide lucrative growth opportunities for the plastic packaging market.

Report Coverage

This research report categorizes the market for the Germany 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 Germany 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 Germany plastic packaging market.

Driving Factors

The increasing adoption of lightweight packaging for efficient transportation, lower fuel costs, and fewer emissions driving the plastic packaging market. The increased use of eco-friendly packaging & recycled plastic for reducing environmental impact and promoting a circular economy significantly propels the market growth. In addition, the surging need for packaged food & beverages, the growth of e-commerce, and the need for convenient & durable packaging solutions across the food, pharmaceuticals, and healthcare sectors are bolstering the plastic packaging market. The significant advancement in plastic packaging including the development of biodegradable and compostable plastics is augmenting the market growth.

Restraining Factors

The increased raw material prices and government regulations & environmental concerns are challenging the market. The concerns regarding the increasing plastic packaging waste are hampering the market.

Market Segmentation

The Germany plastic packaging market share is classified into material, product, technology, and application.

• The polyethylene terephthalate (PET) segment is dominating the Germany plastic packaging market with the largest market share in 2023 and is expected to grow at a significant CAGR growth during the projected timeframe.

Based on the material, the Germany plastic packaging market is divided into polyethylene (PE), polyethylene terephthalate (PET), polypropylene (PP), polystyrene (PS), expanded polystyrene (EPS), and others. Among these, the polyethylene terephthalate (PET) segment is dominating the Germany plastic packaging market with the largest market share in 2023 and is expected to grow at a significant CAGR growth during the projected timeframe. Polyethylene terephthalate is recyclable lightweight material ideally used in the packaging industry. The extensive use of PET plastic packaging in beverages such as water, vegetable oils, soft drinks, and other food & beverage items propels the market growth.

• The rigid plastic segment dominated the market with the largest market share in 2023 and is expected to grow at a significant CAGR growth during the projected timeframe.

Based on the product, the Germany plastic packaging market is divided into rigid plastic and flexible plastic. Among these, the rigid plastic segment dominated the market with the largest market share in 2023 and is expected to grow at a significant CAGR growth during the projected timeframe. Plastic like PET and HDPE are used in rigid packaging, providing structural integrity throughout supply chain. The high aesthetic appeal and sturdiness as well as increased barrier to oxygen, moisture, and light are the factors propelling the market.

• The extrusion segment dominated the market with the largest market share in 2023 and is expected to grow at a significant CAGR growth during the projected timeframe.

Based on the technology, the Germany plastic packaging market is divided into injection molding, extrusion, blow molding, thermoforming, and others. Among these, the extrusion segment dominated the market with the largest market share in 2023 and is expected to grow at a significant CAGR growth during the projected timeframe. Plastic extrusion technology involves the melting and shaping of thermoplastic materials into continuous profiles, like films and sheets, creating desired shapes. The use of extrusion technology for producing flexible packaging products like bags, pouches, and films is propelling the market growth.

• The food & beverages segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR growth during the projected timeframe.

Based on the application, the Germany plastic packaging market is divided into food & beverages, industrial packaging, pharmaceuticals, personal & household care, and others. Among these, the food & beverages segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR growth during the projected timeframe. Plastic packaging prevents food waste due to its ability to protect products, extend shelf life, and offer convenience. The changing consumer lifestyle and sifting food preferences towards packages and processed food propelling the market demand.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Germany 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
• Coveris Holding
• Berry Global
• Constantia Flexibles
• Wipak UK Ltd.
• Sonoco Products Company
• Sealed Air Corporation
• National Flexible
• Tetra Laval
• Silgan Holdings
• 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 2022, Multinational paper and packaging company Mondi has launched two sustainable packaging solutions for food products at Anuga FoodTec in Cologne, Germany.

Market Segment

• This study forecasts revenue at Germany, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Germany Plastic Packaging Market based on the below-mentioned segments

Germany Plastic Packaging Market, By Material

• Polyethylene (PE)
• Polyethylene Terephthalate (PET)
• Polypropylene (PP)
• Polystyrene (PS)
• Expanded Polystyrene (EPS)
• Others

Germany Plastic Packaging Market, By Product   

• Rigid Plastic
• Flexible Plastic

Germany Plastic Packaging Market, By Technology  

• Injection Molding
• Extrusion
• Blow Molding
• Thermoforming
• Others

Germany Plastic Packaging Market, By Application

• Food & Beverages
• Industrial Packaging
• Pharmaceuticals
• Personal & Household Care
• Others