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United Kingdom (UK) Flexible Packaging Market Research Report, 2027

United Kingdom (UK) Flexible Packaging Market Research Report, 2027

Actual Market Research 29-06-2022 56 Pages Figures : 6 Tables : 17 Region : Europe Country : United Kingdom Category : Manufacturing & Industry Machinery, Parts & Equipment

The flexible packaging market in the United Kingdom is growing rapidly due to the expansion of the various end-use industries in the country and the leading FMCG companies involved in promoting recycled plastic packaging. Technological advancements and innovations in packaging will further lead to the growth of the flexible packaging market in the country. The demand for more flexible packaging in the country has been fuelled by the healthy expansion of end-users such as packaged food, fresh food, and coffee. Increased consumers' concerns about food safety and sustainability are major reasons for the growth of the flexible packaging market in the UK. Changes in consumers' lifestyles and preferences have also impacted the growth of the packaging market. People are more concerned about sustainability and the environment. People want packaging solutions that have less impact on the environment. Manufacturers are also striving for recyclable and sustainable packaging solutions for their products. Packaging also plays a major role in maintaining the shelf life of the product. The flexible packaging industries in the UK are expanding because of their unique characteristics, such as lightweight, flexibility, ease of disposal, mobility, and having less impact on the environment. Due to these advantages, the flexible packaging industries in the UK are covering a wide range of applications. Businesses are taking advantage of recyclable materials and adopting more sustainable solutions for their products. The increase in the e-commerce sector is propelling the market for flexible packaging in the country. Fast and safe product delivery are the prevailing trends in the market. Therefore, manufacturers are adopting flexible packaging solutions for efficient logistics operations in the country. Flexible packages are particularly useful in industries that require versatile packaging. According to the research report, "UK Flexible Packaging Market Overview, 2027," published by Actual Market Research, the flexible packaging market is anticipated to grow at a CAGR of 3.84% in terms of value during the forecast period. The increases in regulations against the use of plastic are anticipated to have a significant effect on the market. For instance, in March 2020, the UK Chancellor of the Exchequer revealed that the plastic packaging tax would see companies pay EUR 200 per metric tonne of packaging made from less than 30% recycled plastic from April 2022. The Food & Drink Federation complained that the UK's newly announced plastic tax will penalise food and beverage producers, and it called for efforts to improve the country's recycling infrastructure instead. Companies are investing in new and emerging flexible packaging technologies in the United Kingdom. Smart packaging also leads to many advantages for manufacturers. Flexible packaging solutions are less expensive than any other packaging solution. The government in the UK has imposed rules on the use of packaging materials for the industry. A growing focus on the use of recyclable packaging materials across various industries is leading the flexible packaging market in the country. According to the report, based on material type, the market is segmented into plastic, paper, aluminium foil, and other materials. Plastic is the most preferred packaging material in the flexible packaging market. The plastic segment is estimated to grow at a CAGR of more than 4% during the forecast period. Plastic packaging protects products from damage as well as helps to maximise shelf life and minimise food waste. The recycling of plastic materials trend will boost the demand for this segment in the United Kingdom. The aluminium foil segment is another fastest-growing segment in the flexible packaging market. Increasing demand from the pharmaceutical and personal care sectors in the country is the leading factor for the growth of aluminium foil packaging solutions. The increasing demand for sustainable and environmentally friendly packaging solutions is a major driver of the paper segment. Based on the application, the market is segmented into food, beverage, pharmaceuticals, personal care, and others. The food and beverage industries are large users of flexible packaging solutions. Growing demand for packaged and fresh food in the country is leading the market for flexible packaging. Furthermore, the rising need for convenience food products indicates that the flexible packaging market definitely has a bright future. The food industries in the UK are mainly customer-oriented and their main focus is on the shelf life of the product. Beverages are the second largest sector in the flexible packaging market. Increasing consumption of beverages in the country is the main factor that drives the growth of the flexible packaging market. Based on the packaging type, the market is segmented into bags, wraps, pouches, and others. The pouch segment is leading the market for flexible packaging in the United Kingdom. The pouches are becoming increasingly popular among manufacturers and consumers as they are recyclable, low in weight, have a longer shelf life and many other advantages. In the flexible packaging market, the bags and wraps segments are also showing potential growth.packaging is widely used in a number of end-use industries. COVID-19 Impact: The outbreak of COVID-19 has led to a weakened growth of industrial output and low production in various industries. COVID-19 is being used as a way to bring back single-use plastic bags rather than accept reusable ones. For instance, Lush, a UK-based cosmetics retailer that has a high percentage of packaging-free items, is being scrutinised by customers in terms of how those products are picked and delivered to them. All industries that are engaged in providing for essential needs, such as getting food and required supplies safely to consumers, require flexible packaging in the region. Fast moving consumer goods industries are in high demand for flexible packaging solutions. Aside from that, raw material supply shortages and supply chain disruptions hampered growth. Businesses are growing more accustomed to finding solutions that are cost-effective and also sustainable. Flexible packaging options are increasingly gaining popularity thanks to their convenience and amazing advantages. The Clifton packing group limited was first founded in London and has grown to establish its roots in Leicester, the heart of the UK. This company works to produce products that are informed by years of experience and innovation trends. This has seen them win awards over the years and has allowed for amazing customer satisfaction on products sold. They work to ensure that their flexible packaging options meet the standards with the use of high-quality material. Considered in this report • Geography: UK • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • UK Flexible Packaging market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Five force models • Top profiled companies • Strategic recommendation Types of Material in the report: • Plastic • Paper • Aluminum Foil • Others By End-Use in the report: • Food • Beverages • Pharmaceuticals • Personal care • Others Types of Packaging in the report: • Bags • Wraps • Pouches • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to flexible packaging industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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