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Packaging Services in Serbia - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

RS-N8292 April 2024 Factsheet

Revenue

€37.7m

2019-2024 4.6 %
2024-2029 X.X %

Employees

143

2019-2024 9.0 %
2024-2029 X.X %

Businesses

31

2019-2024 4.0 %
2024-2029 X.X %

Wages

€XXX.Xk

2019-2024 XX.X %
2024-2029 X.X %

Packaging Services in Serbia market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Serbia compared to Europe?

Country Benchmarking

Industry Data Serbia

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#23 In Europe
Business
#27 In Europe
Employees
#30 In Europe
Wages
#31 In Europe

The Packaging Services in Serbia ranks 23rd in Europe with regards to its 2024 revenue (€37.7m). Revenue received by operators in Serbia has been low in volatility over the past five-year period, with the average annual change in revenue (4.6 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Packaging Services industry in Serbia in 2024?

The market size of the Packaging Services industry in Serbia is €37.7m in 2024.

How many businesses are there in the Packaging Services in Serbia industry in 2024?

There are 31 businesses in the Packaging Services industry in Serbia, which has declined at a CAGR of 4.0 % between 2019 and 2024.

Has the Packaging Services industry in Serbia grown or declined over the past 5 years?

The market size of the Packaging Services industry in Serbia has been growing at a CAGR of 4.6 % between 2019 and 2024.

What is the forecast growth of the Packaging Services industry in Serbia over the next 5 years?

Over the next five years, the Packaging Services industry in Serbia is expected to grow.

What are the biggest companies in the Packaging Services market in Serbia?

The biggest company operating in the Packaging Services market in Serbia is Krones AG

What does the Packaging Services in Serbia include?

Cardboard and paper packaging and Plastic packaging are part of the Packaging Services industry.

Which companies have the highest market share in the Packaging Services in Serbia?

The company holding the most market share in Serbia is Krones AG.

How competitive is the Packaging Services industry in Serbia?

The level of competition is high and steady in the Packaging Services industry in Serbia.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

Companies in the industry primarily package client-owned material on a fee or contractual basis. They pack goods in items like bottles, cans, cartons, bags and containers. The industry also provides labelling and stamping services.

What's included in this industry?

Cardboard and paper packaging Plastic packaging Glass packaging Metal packaging

Industry Code

ISIC 2006

8292 - Packaging activities in Serbia

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Packaging Services in Serbia
  • Employees in the Packaging Services in Serbia
  • Business in the Packaging Services in Serbia
  • Profit in the Packaging Services in Serbia

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Minimum volumes and weights are necessary to ensure safety, hygiene and acceptance. Packaging services must meet regulations and sustainability benchmarks, including how packages are designed, produced and marketed.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Packaging Services in Serbia industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Rising costs of packaging materials have restricted profit growth. The Russian-Ukraine conflict and the COVID-19 outbreak’s damage to economies throughout Europe have driven up costs of raw materials, which has constrained profit.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Packaging Services in Serbia industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.