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Plastic Packing Goods Manufacturing in the UK - Market Research Report (2014-2029)

Joseph Maher Joseph Maher London, United Kingdom Last Updated: September 2024 SIC C22.220

Revenue

£4.4bn

2024-25

£4.4bn

Past 5-Year Growth

Profit

£XXX.Xm

Employees

24,882

Businesses

446

Wages

£XXX.Xm

Plastic Packing Goods Manufacturing in the UK industry analysis

Plastic packaging goods manufacturing revenue is expected to fall at a compound annual rate of 3.4% over the five years through 2024-25 to £4.4 billion, including a forecast drop of 0.7% in 2024-25. Plastic packing goods manufacturers have had to contend with fierce competition, erratic input prices and volatile demand. Government initiatives, including levies imposed on plastic carrier bags, have shifted products from plastic to more environmentally bio-plastic packaging, ramping up purchase costs and weighing on margins.

Trends and Insights

  • Consumers loosen their belts, aiding sales to retailers. After harsh conditions amid the cost of living crisis, sentiment has improved over 2024-25 as inflation nears target and economic growth picks up, driving demand for plastic packing goods.
  • Plastic bags sales falter in the face of rising environment awareness. Many supermarkets have discarded plastic bags from their stores in favour of paper and installed refill stations to reduce the use of plastics.
  • The Midlands has great transport links. This means manufacturers have easy access to suppliers in surrounding areas. RPC Group Ltd produces its packaging in the Midlands.
  • Growing environmental awareness raises demand for biodegradable alternatives. Plastic packaging manufacturers must innovate to produce more environmentally products if they want to remain successful.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has declined at a CAGR of 3.4 % over the past five years, to reach an estimated £4.4bn in 2024.

Trends and Insights

Supply chain disruptions and inflated energy costs squeeze profitability

  • Supply chain disruptions following the COVID-19 outbreak, compounded by Russia's invasion of Ukraine in February 2022, resulted in the price of crude oil skyrocketing.
  • Additional trends and insights available with purchase
Plastic Packing Goods Manufacturing in the UK
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Manufacturers better equipped to withstand supply shocks

  • Despite confidence levels remaining robust among manufacturers, they are facing the prospect of two years of low growth, with weak UK economic growth and higher interest rates dragging demand.

Biggest companies in the Plastic Packing Goods Manufacturing in the UK

Company
Market Share (%)
2025
Revenue (£m)
2025
RPC Group Ltd
462.6
Amcor Flexibles UK Ltd
126.2
LINPAC Packaging Ltd
79.2

To view the market share and analysis for all 3 top companies in this industry, view purchase options.

Products & Services Segmentation

Plastic Packing Goods Manufacturing in the UK
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Sacks and bags, Boxes, cases and crates and Bottles and flasks. Sacks and bags is the largest segment of the Plastic Packing Goods Manufacturing in the UK.

Trends and Insights

The cost-of-living crisis continues to weigh on demand for bottles and flasks

  • The versatility of plastic bottles and containers has made them the go-to way to package and distribute beverages, food and other goods.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Companies in this industry manufacture rigid and flexible plastic articles to pack goods. These products include bags, cases, sacks, boxes and bottles.

What's included in this industry?

Bottles and flasksBoxes, cases and cratesSacks and bagsBottle caps and capsulesStoppers and lidsSpools and bobbins

Companies

RPC Group LtdAmcor Flexibles UK LtdLINPAC Packaging Ltd

Purchase this report to view all 3 major companies in this industry.

Related Terms

RESINPOLYVINYL CHLORIDE (PVC)BIO-PLASTIC

Industry Code

SIC 2007

SIC 22.22 - Plastic Packing Goods Manufacturing in the UK

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Consumers loosen their belts, aiding sales to retailers. After harsh conditions amid the cost of living crisis, sentiment has improved over 2024-25 as inflation nears target ...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Plastic bags sales falter in the face of rising environment awareness. Many supermarkets have discarded plastic bags from their stores in favour of paper and installed refill...

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024
  • International trade, including imports by country and exports by country

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

The Midlands has great transport links. This means manufacturers have easy access to suppliers in surrounding areas. RPC Group Ltd produces its packaging in the Midlands.

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Growing environmental awareness raises demand for biodegradable alternatives. Plastic packaging manufacturers must innovate to produce more environmentally products if they w...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

The plastic packaging goods manufacturing market is fragmented. Players typically specialise in producing specific products – for example, the LINPAC Group specialises in fre...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of RPC Group Ltd's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Amcor Flexibles UK Ltd's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of LINPAC Packaging Ltd's performance by revenue, market share and profit margin from 2018 through 2024

Detailed analysis

  • Description and key data for RPC Group Ltd, and factors influencing its performance in the industry
  • Description and key data for Amcor Flexibles UK Ltd, and factors influencing its performance in the industry
  • Description and key data for LINPAC Packaging Ltd, and factors influencing its performance in the industry

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Manufacturers contend with increasingly stringent regulations. They had to ensure that 57% of their packaging was recovered and recycled over 2020 and the UK has set out a ta...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Worker shortages following Brexit inflate wages. To alleviate pressures, manufacturers have poured funds into automation to reduce reliance on labour.

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Liquidity Ratios (2018-2022)
  • Coverage Ratios (2018-2022)
  • Leverage Ratios  (2018-2022)
  • Operating Ratios (2018-2022)
  • Assets (2018-2022)
  • Liabilities (2018-2022)
  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

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)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Plastic Packing Goods Manufacturing in the UK industry in United Kingdom in 2024?

The market size of the Plastic Packing Goods Manufacturing in the UK industry in United Kingdom is £4.4bn in 2024.

How many businesses are there in the Plastic Packing Goods Manufacturing in the UK industry in 2024?

There are 446 businesses in the Plastic Packing Goods Manufacturing in the UK industry in United Kingdom, which has declined at a CAGR of 1.1 % between 2019 and 2024.

Has the Plastic Packing Goods Manufacturing in the UK industry in United Kingdom grown or declined over the past 5 years?

The market size of the Plastic Packing Goods Manufacturing in the UK industry in United Kingdom has been declining at a CAGR of 3.4 % between 2019 and 2024.

What is the forecast growth of the Plastic Packing Goods Manufacturing in the UK industry in United Kingdom over the next 5 years?

Over the next five years, the Plastic Packing Goods Manufacturing in the UK industry in United Kingdom is expected to grow.

What are the biggest companies in the Plastic Packing Goods Manufacturing in the UK market in United Kingdom?

The biggest companies operating in the Plastic Packing Goods Manufacturing market in United Kingdom are RPC Group Ltd, Amcor Flexibles UK Ltd and LINPAC Packaging Ltd

What does the Plastic Packing Goods Manufacturing in the UK in United Kingdom include?

Bottles and flasks and Boxes, cases and crates are part of the Plastic Packing Goods Manufacturing in the UK industry.

Which companies have the highest market share in the Plastic Packing Goods Manufacturing in the UK in United Kingdom?

The company holding the most market share in United Kingdom is RPC Group Ltd.

How competitive is the Plastic Packing Goods Manufacturing in the UK industry in United Kingdom?

The level of competition is moderate and increasing in the Plastic Packing Goods Manufacturing in the UK industry in United Kingdom.

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Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

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

Key data sources in the UK include:

  • Office for National Statistics
  • Office for Budget Responsibility
  • Bank of England

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

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