| Product Code: ETC4508300 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In the Hungary packaging resins market, the import trend experienced a decline from 2023 to 2024, with a growth rate of -7.41%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at 16.08%. This negative momentum in imports may be attributed to shifts in demand patterns or changes in trade policies impacting market stability.
The Hungary packaging resins market is witnessing growth driven by the packaging industry`s demand for lightweight, flexible, and sustainable materials. Packaging resins, including polyethylene, polypropylene, and PET, are used in manufacturing bottles, containers, films, and flexible packaging solutions. With increasing environmental awareness and regulations on single-use plastics, the demand for eco-friendly packaging resins is expected to increase in Hungary.
The packaging resins market in Hungary is driven by the packaging industry`s demand for lightweight, durable, and sustainable materials. Packaging resins, including polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), and polystyrene (PS), are widely used in flexible and rigid packaging applications for food, beverages, personal care products, pharmaceuticals, and industrial goods. The market demand is influenced by factors such as consumer convenience, product protection, shelf life extension, and regulatory compliance. Moreover, innovations in resin formulations, recycling technologies, and circular economy initiatives are shaping the future of the packaging industry in Hungary.
The packaging resins market in Hungary faces challenges such as fluctuating prices of raw materials, environmental concerns related to plastic waste, and regulatory pressures to adopt sustainable packaging solutions. Market players must innovate new materials, processes, and recycling technologies to reduce environmental impact while meeting packaging requirements and consumer preferences.
In Hungary, the government acknowledges the pivotal role of packaging resins in supporting various industries such as food and beverage, pharmaceuticals, and consumer goods manufacturing. To promote market competitiveness and sustainability, the government implements policies to incentivize investment in advanced resin manufacturing technologies and recycling infrastructure. Moreover, regulatory frameworks governing packaging waste management and environmental sustainability encourage the adoption of eco-friendly resin formulations and recycling initiatives. Additionally, the government fosters collaboration between industry stakeholders and research institutions to drive innovation in packaging resin materials and processing techniques, thereby enhancing product performance, cost-effectiveness, and environmental footprint in the Hungary packaging market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Packaging Resins Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Packaging Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Packaging Resins Market - Industry Life Cycle |
3.4 Hungary Packaging Resins Market - Porter's Five Forces |
3.5 Hungary Packaging Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hungary Packaging Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hungary Packaging Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable packaging solutions |
4.2.2 Growth in the e-commerce sector driving the need for packaging materials |
4.2.3 Technological advancements leading to the development of innovative packaging resins |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Stringent regulations related to the use of certain packaging resins |
4.3.3 Competition from alternative packaging materials like biodegradable plastics |
5 Hungary Packaging Resins Market Trends |
6 Hungary Packaging Resins Market, By Types |
6.1 Hungary Packaging Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Packaging Resins Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Hungary Packaging Resins Market Revenues & Volume, By LDPE, 2021-2031F |
6.1.4 Hungary Packaging Resins Market Revenues & Volume, By PP, 2021-2031F |
6.1.5 Hungary Packaging Resins Market Revenues & Volume, By HDPE, 2021-2031F |
6.1.6 Hungary Packaging Resins Market Revenues & Volume, By PET, 2021-2031F |
6.1.7 Hungary Packaging Resins Market Revenues & Volume, By PS, 2021-2031F |
6.1.8 Hungary Packaging Resins Market Revenues & Volume, By PVC, 2021-2031F |
6.2 Hungary Packaging Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hungary Packaging Resins Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.3 Hungary Packaging Resins Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.4 Hungary Packaging Resins Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.5 Hungary Packaging Resins Market Revenues & Volume, By Industrial, 2021-2031F |
7 Hungary Packaging Resins Market Import-Export Trade Statistics |
7.1 Hungary Packaging Resins Market Export to Major Countries |
7.2 Hungary Packaging Resins Market Imports from Major Countries |
8 Hungary Packaging Resins Market Key Performance Indicators |
8.1 Recycling rate of packaging resins in Hungary |
8.2 Adoption rate of bio-based packaging resins |
8.3 Investment in research and development for new packaging resin technologies |
9 Hungary Packaging Resins Market - Opportunity Assessment |
9.1 Hungary Packaging Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hungary Packaging Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hungary Packaging Resins Market - Competitive Landscape |
10.1 Hungary Packaging Resins Market Revenue Share, By Companies, 2024 |
10.2 Hungary Packaging Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |