Europe Plastic Films And Sheets Market Size & Outlook
The plastic films and sheets market in Europe is expected to reach a projected revenue of US$ 39,393.7 million by 2030. A compound annual growth rate of 3.7% is expected of Europe plastic films and sheets market from 2024 to 2030.
The Europe plastic films and sheets market generated a revenue of USD 30,534.4 million in 2023.
The market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
In terms of segment, ldpe/lldpe was the largest revenue generating product in 2023.
BOPP is the most lucrative product segment registering the fastest growth during the forecast period.
Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
Market revenue in 2023
USD 30,534.4 million
Market revenue in 2030
USD 39,393.7 million
Growth rate
3.7% (CAGR from 2024 to 2030)
Largest segment
Ldpe/lldpe
Fastest growing segment
BOPP
Historical data covered
2019 - 2022
Base year for estimation
2023
Forecast period covered
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
LDPE/LLDPE, PVC, PA, BOPP, HDPE, CPP
Key market players worldwide
Toray Industries Inc, Toyobo Co Ltd, Berry Global Group Inc, SABIC, Sealed Air Corp, Dow Inc, DuPont de Nemours Inc, Amcor PLC, Uflex, British Polythene Industries Plc, Novolex
Other key industry trends
In terms of revenue, Europe region accounted for 22.7% of the global plastic films and sheets market in 2023.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 87,717.1 million by 2030.
Though the region’s growth is likely to be restrained due to various macro-environmental factors such as debt crisis, rising unemployment and stalled industrial output, an optimistic scenario across Eastern Europe for manufacturing and consumerism shall drive plastic films and sheets market growth.
The region is characterized by stringent environmental regulations from agencies such as ECHA, European Commission and various federal level agencies.
These regulatory policies however challenging might they be for growth, are in a way expected to aid in industrial development as they tend to push manufacturers to optimize processes, develop sustainable technologies and products. Europe is the second largest market of plastic films & sheets owing to high demand in automotive followed by food packaging and medical sectors.
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 Plastic Films And Sheets Market Outlook will help companies and investors design strategic landscapes.
Ldpe/Lldpe was the largest segment with a revenue share of 40.63% in 2023.
Horizon Databook has segmented the Europe plastic films and sheets market based on ldpe/lldpe, pvc, pa, bopp, hdpe, cpp covering the revenue growth of each sub-segment from 2019 to 2030.
Though the region’s growth is likely to be restrained due to various macro-environmental factors such as debt crisis, rising unemployment and stalled industrial output, an optimistic scenario across Eastern Europe for manufacturing and consumerism shall drive plastic films and sheets market growth.
The region is characterized by stringent environmental regulations from agencies such as ECHA, European Commission and various federal level agencies.
These regulatory policies however challenging might they be for growth, are in a way expected to aid in industrial development as they tend to push manufacturers to optimize processes, develop sustainable technologies and products. Europe is the second largest market of plastic films & sheets owing to high demand in automotive followed by food packaging and medical sectors.
Europe Plastic Films And Sheets Market Product Outlook (Revenue, USD Million , 2021-2033)
LDPE/LLDPE
PVC
PA
BOPP
HDPE
CPP
Others
Europe Plastic Films And Sheets Market Application Outlook (Revenue, USD Million , 2021-2033)
Packaging
Non-Packaging
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Plastic Films And Sheets Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Plastic Films And Sheets Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Europe Plastic Films And Sheets Market, 2021-2033 (US$M)