Nordic Plastic Packaging Films Market Size (2024 - 2029)

The Nordic plastic packaging films market is projected to experience growth over the forecast period, driven by factors such as strategic logistics advantages in key locations like Gothenburg, which enhance distribution networks. The introduction of regulations like the Extended Producer Responsibility in Denmark is expected to further stimulate the market by increasing demand for environmentally friendly packaging solutions. However, the market also faces challenges due to stringent regulations aimed at reducing plastic pollution, requiring manufacturers to invest in sustainable materials and processes.

Market Size of Nordic Plastic Packaging Films Industry

Nordic Plastic Packaging Films Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR (2024 - 2029) 2.29 %
Market Concentration High

Major Players

Nordic Plastic Packaging Films Market Major Players

*Disclaimer: Major Players sorted in no particular order

Nordic Plastic Packaging Films Market Analysis

The Nordic Plastic Packaging Films Market size is estimated at 1.67 Million tonnes in 2024, and is expected to reach 1.87 Million tonnes by 2029, growing at a CAGR of 2.29% during the forecast period (2024-2029).

  • Gothenburg, Sweden's second-largest city, holds strategic significance. It serves as the nation's primary port for international shipping and stands as Scandinavia's largest port, bolstered by its expanding industrial base.
  • Gothenburg’s status as the foremost port for international shipping facilitates efficient import and export activities. This enhances the logistics and distribution networks for plastic packaging films, making it easier for manufacturers to source raw materials and distribute finished products across the Nordic region and beyond.
  • The implementation of the Extended Producer Responsibility (EPR) regulations in Denmark, starting January 1, 2025, as mandated by the EU Packaging Directive, will likely contribute to the growth of the Nordic plastic packaging film market.
  • Producers will need to ensure that their packaging meets the new regulatory standards. This can drive demand for plastic packaging films that are designed to be more easily recyclable, have higher recycled content, or are otherwise environmentally friendly, boosting the market for such products.
  • The increasing awareness of the environmental impact of plastic waste and stringent regulations aimed at reducing plastic pollution pose significant challenges. Compliance with regulations such as the EU's Single-Use Plastics Directive requires manufacturers to invest in sustainable materials and recycling processes, which can be costly.

Nordic Plastic Packaging Films Industry Segmentation

Plastic film packaging refers to various thin plastic materials that wrap or protect products. These films are commonly used in the food, beverage, pharmaceutical, and other industries. The report tracks the demand for converted packaging films across major resin and application types. This encompasses a range of materials and uses, reflecting the market's varied requirements and the evolving preferences of consumers and businesses.

The Nordic Plastic Packaging Films Market is Segmented by Type (Polypropylene (Biaxially Oriented Polypropylene (BOPP) and Cast Polypropylene (CPP)), Polyethylene (Low-Density Polyethylene (LDPE) and Linear Low-Density Polyethylene (LLDPE)), Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET)), Polystyrene, Bio-Based, and PVC, EVOH, PETG, and Other Film Types), End-user Industry (Food [Candy & Confectionery, Frozen Foods, Fresh Produce, Dairy Products, Dry Foods, Meat, Poultry, and Seafood, Pet Food, and Other Food Products (Seasonings & Spices, Spreadable, Sauces, Condiments, Etc.]), Healthcare, Personal Care & Home Care, Industrial Packaging, Other End-user Industries [Agricultural, Chemical, etc.]) and Country (Sweden, Denmark, Norway, and Finland). The report offers market forecasts and size in volume (tonnes) for all the above segments.

By Type
Polypropylene (Biaxially Oriented Polypropylene (BOPP) and Cast polypropylene (CPP))
Polyethylene (Low-Density Polyethylene (LDPE) and Linear Low-density Polyethylene (LLDPE))
Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET))
Polystyrene
Bio-Based
PVC, EVOH, PETG, and Other Film Types
By End-user Industry
Food
Candy & Confectionery
Frozen Foods
Fresh Produce
Dairy Products
Dry Foods
Meat, Poultry, and Seafood
Pet Food
Other Food (Seasonings & Spices, Spreadables, Sauces, Condiments, etc.)
Healthcare
Personal Care & Home Care
Industrial Packaging
Other End-user Industries (Agricultural, Chemical, etc.)
By Country
Sweden
Denmark
Norway
Finland
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Nordic Plastic Packaging Films Market Size Summary

The Nordic plastic packaging films market is poised for steady growth over the forecast period, driven by several key factors. Gothenburg's strategic position as Scandinavia's largest port enhances the logistics and distribution networks for plastic packaging films, facilitating efficient import and export activities. The implementation of Extended Producer Responsibility regulations in Denmark is expected to boost demand for environmentally friendly packaging solutions, as producers strive to meet new regulatory standards. This shift is likely to spur innovation in the development of sustainable plastic packaging films, incorporating recycled materials and biodegradable options. The increasing awareness of the environmental impact of plastic waste, coupled with stringent regulations like the EU's Single-Use Plastics Directive, presents challenges that encourage manufacturers to invest in sustainable materials and recycling processes.

The demand for plastic packaging films in the Nordic region is further fueled by the high climate impact of food consumption, particularly in Denmark, where animal-based foods require extensive packaging to maintain freshness and extend shelf life. As food production and manufacturing grow, so does the need for packaging materials, including plastic films. Sweden's import-oriented market and the inauguration of a large plastics sorting facility enhance the demand for high-quality packaging solutions. Additionally, the pharmaceutical industry's growth necessitates specialized packaging to ensure product integrity and compliance with regulatory standards. The market is consolidated, with major players like Berry Global Inc., Trioworld Industrier AB, and others leading the way in innovation and sustainability initiatives, such as increased recycling capacity and the development of advanced materials science and engineering solutions.

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Nordic Plastic Packaging Films Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.2.1 Bargaining Power of Suppliers

      2. 1.2.2 Bargaining Power of Buyers

      3. 1.2.3 Threat of New Entrants

      4. 1.2.4 Threat of Substitutes

      5. 1.2.5 Intensity of Competitive Rivalry

    3. 1.3 Industry Value Chain Analysis

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Polypropylene (Biaxially Oriented Polypropylene (BOPP) and Cast polypropylene (CPP))

      2. 2.1.2 Polyethylene (Low-Density Polyethylene (LDPE) and Linear Low-density Polyethylene (LLDPE))

      3. 2.1.3 Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET))

      4. 2.1.4 Polystyrene

      5. 2.1.5 Bio-Based

      6. 2.1.6 PVC, EVOH, PETG, and Other Film Types

    2. 2.2 By End-user Industry

      1. 2.2.1 Food

        1. 2.2.1.1 Candy & Confectionery

        2. 2.2.1.2 Frozen Foods

        3. 2.2.1.3 Fresh Produce

        4. 2.2.1.4 Dairy Products

        5. 2.2.1.5 Dry Foods

        6. 2.2.1.6 Meat, Poultry, and Seafood

        7. 2.2.1.7 Pet Food

        8. 2.2.1.8 Other Food (Seasonings & Spices, Spreadables, Sauces, Condiments, etc.)

      2. 2.2.2 Healthcare

      3. 2.2.3 Personal Care & Home Care

      4. 2.2.4 Industrial Packaging

      5. 2.2.5 Other End-user Industries (Agricultural, Chemical, etc.)

    3. 2.3 By Country

      1. 2.3.1 Sweden

      2. 2.3.2 Denmark

      3. 2.3.3 Norway

      4. 2.3.4 Finland

Nordic Plastic Packaging Films Market Size FAQs

The Nordic Plastic Packaging Films Market size is expected to reach 1.67 million tonnes in 2024 and grow at a CAGR of 2.29% to reach 1.87 million tonnes by 2029.

In 2024, the Nordic Plastic Packaging Films Market size is expected to reach 1.67 million tonnes.

Nordic Plastic Packaging Films Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)