Belgium
Market Study 2025
This study aims to support Portuguese companies in the packaging sector in the strategic assessment of the Belgian market, providing an in-depth analysis of its dynamics, opportunities and requirements. Set within a highly regulated and environmentally conscious European context, Belgium stands out as a particularly attractive market for sustainable and technologically innovative packaging solutions.
Brief Market Overview
Market
size
and growth prospects
Between 2020 and 2025, the Belgian economy experienced some instability in terms of growth. In 2020, there was a significant recession, as a direct consequence of the COVID-19 pandemic, which severely disrupted economic activity on a global scale. In 2021, however, the country saw a strong recovery, with real GDP growing by 6.2%, driven by the easing of restrictions, government incentives, and the return of consumer and business confidence.
In 2022, growth was more moderate, signalling that the pace of recovery was slowing. This trend continued in the following years: in 2023, growth stood at just 1.3%, falling to 1.0% in 2024, with 0.8% estimated for 2025. In these last two years, the country’s GDP reached a total of US$664.97 billion in 2024 (€569.96 billion)¹ and US$684.86 billion in 2025 (€587.01 billion)². Even so, this reflects a V-shaped recovery trajectory that gradually fades over time, hindered by several factors, including persistent inflation, rising interest rates, geopolitical tensions and budgetary challenges.
Value of the global sustainable packaging market in 2024
CAGR (2024-2032)
Forecast value of the global sustainable packaging market in 2032
GLASS – A material in which Belgium stands out as the European country with the highest recycling rate.
Key players include:
VPK Group
Recycled corrugated cardboard packaging
Amcor Gent
A unit of the multinational Amcor, which manufactures flexible and rigid packaging for the food and healthcare sectors.
Van Genechten Packaging
Company specialising in graphic packaging, displays and labels.
Potential clients include:
Biofresh
Distributor of organic food products in the Benelux region.
Tilman
Pharmaceutical laboratory
Bio-essentials
Cosmetics production and packaging
Receive the 2025 Market Study (PT)
Would you like to gain a deeper understanding of the opportunities, trends and challenges in international markets for the packaging sector?
Fill in your details and receive the market study report free of charge.