Italy Flexible Plastic Packaging Market Size (2024 - 2029)

Italy Flexible Plastic Packaging Market Analysis

The Italy Flexible Plastic Packaging Market size in terms of shipment volume is expected to grow from 0.51 Million tonnes in 2024 to 0.66 Million tonnes by 2029, at a CAGR of 5.29% during the forecast period (2024-2029).

• In Italy, the plastic packaging industry is poised for growth, buoyed by rising living standards, increasing incomes with more working professionals, and a broader array of goods being purchased by consumers. Social factors and market trends in developed economies significantly shape the demand for packaging materials. While plastics, especially in lightweight forms, are gaining traction, they still constitute a minor portion of the overall packaging weight.
• Over the past years, it has surged ahead, driven by the prowess of companies specializing in food packaging and luxury goods. Flexible packaging is increasingly gaining popularity in the food industry for its quality, flexibility, barrier properties, printability, environmental sustainability, and high-service content.
• This is owing to the benefits of using flexible packaging, such as being lightweight, flexible, and resistant to moisture and humidity. Thus, instant noodles, biscuits, and snack packaging materials are widely used in the food industry. Typically, flexible plastic packaging consists of multiple layers of different materials, meeting food safety requirements while being lightweight and flexible.
• The country is also focused on waste management to recycle plastic waste as part of making the packaging sustainable. For instance, in May 2024, BlueAlp, an advanced recycling technology company, signed an agreement with Recupero Etico Sostenibile SpA (RES), an Italian waste management pioneer. BlueAlp will deliver a technology license and engineer, procure, and manufacture the unit in its workshop in Eindhoven, Netherlands. The plant will be set up in Pettoranello del Molise, Italy, and is estimated to be operational by mid-2026. This responds to the significant market for high-quality recycled content solutions, such as from FMCG players with ambitions to make plastic food packaging circular.
• The plastic packaging industry has been witnessing a surge in prices of all types of plastic materials, attributed to several factors, including the increase in the introductory price of the materials. Consequently, the cost of the finished product has witnessed a significant surge in recent times. The market continued to exceed supply as the availability of raw materials needed to be increased. Cost inflation was significant and broad-based, affecting raw materials, labor, distribution, and energy.

Italy Flexible Plastic Packaging Industry Segmentation

The study on the Italian flexible plastic packaging market tracks demands in terms of revenue for flexible plastic packaging by material, and it tracks the market size for respective end-user types. The estimates for the Italian flexible plastic packaging market include all the costs associated with flexible plastic packaging manufacturing from the raw material procurement till it reaches the end-use industries. The estimates exclude the cost of the content that is or is to be packed inside the flexible plastic packaging. The scope of the flexible plastic packaging market is limited to B2B demand. Market numbers have been arrived at using both bottom-up and top-down approaches for segmentation, and volume has also been taken into consideration.

The Italy Flexible Plastic Packaging Market Report is Segmented by Material (Polyethene [PE], Bi-Oriented Polypropylene [BOPP], Cast Polypropylene [CPP], Polyvinyl Chloride [PVC], Ethylene Vinyl Alcohol [EVOH], and Other Material Types [Polycarbonate, PHA, PLA, Acrylic, and ABS]), Product Type (Pouches, Bags, Films and Wraps, and Other Product Types), End-User Industry (Food [Frozen Food, Dry Food, Meat, Poultry, and Sea Food, Candy & Confectionery, Pet Food, Dairy Products, Fresh Produce and Other Food (Seasonings & Spices, Spreadables, Sauces, Condiments, etc.)], Beverage, Medical and Pharmaceutical, Personal Care and Household Care, and Other End User Industry [Automotive, Chemical, Agriculture ]). The report offers market forecasts and volume (tonnes) for all the above segments.