Plastic Packaging Market Leads USD 636.64 Bn at 4.4% CAGR

Plastic Packaging Market Strategic Growth, Innovation and Investment Trends

According to market projections, the plastic packaging industry is expected to grow from USD 432.11 billion in 2024 to USD 636.64 billion by 2034, reflecting a CAGR of 4.4%. In 2024, Asia Pacific led the plastic packaging market, with PET material, rigid products, extrusion technology, and food & beverages applications taking the largest shares. North America is set to grow significantly during the forecast period.

Introduction

  • Research Objective
  • Scope of the Study
  • Definition and Taxonomy

Research Methodology

  • Research Approach
  • Data Sources
  • Assumptions

Executive Summary

  • Synopsis 
  • Analyst Recommendations

Market Overview 

  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Value chain analysis
    • Raw Material Sourcing
    • Manufacturing Process
    • Logistics & Transportation
    • Buyer Preferences
  • Trends
    • Market Trends
    • Technological Trends
  • Porter’s Five Forces Analysis
    • Bargaining Power of Suppliers
    • Bargaining Power of Buyers
    • Threat of Substitute
    • Threat of New Entrants
    • Degree of Competition
  • PESTLE Analysis for 5 Leading Countries
  • Regulatory Framework for Leading Countries/Regions
  • Supply Demand Analysis
    • Production & Consumption Statistics
    • Export Import Statistics
    • Price Trend Analysis

Global Plastic Packaging Market Assessment

  • Overview
  • Global Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Product (2021 – 2033)
    • Rigid
      • Bottles & Jars
      • Cans
      • Trays & Containers
      • Caps & Closures
      • Others
    • Flexible
      • Wraps & Films
      • Bags
      • Pouches
      • Others
  • Global Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Technology (2021 – 2033)
    • Injection Molding
    • Extrusion
    • Blow Molding
    • Thermoforming
    • Others
  • Global Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Application (2021 – 2033)
    • Food & Beverages
    • Industrial Packaging
    • Pharmaceuticals
    • Personal & Household Care
    • Others
  • Global Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Geography (2021 – 2033)
    • North America
    • Europe
    • Asia-Pacific
    • Latin America
    • Middle East and Africa

North America Plastic Packaging Market Assessment

  • Overview
  • North America Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Product (2021 – 2033)
    • Rigid
      • Bottles & Jars
      • Cans
      • Trays & Containers
      • Caps & Closures
      • Others
    • Flexible
      • Wraps & Films
      • Bags
      • Pouches
      • Others
  • North America Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Technology (2021 – 2033)
    • Injection Molding
    • Extrusion
    • Blow Molding
    • Thermoforming
    • Others
  • North America Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Application (2021 – 2033)
    • Food & Beverages
    • Industrial Packaging
    • Pharmaceuticals
    • Personal & Household Care
    • Others

Europe Plastic Packaging Market Assessment

  • Overview
  • Europe Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Product (2021 – 2033)
    • Rigid
      • Bottles & Jars
      • Cans
      • Trays & Containers
      • Caps & Closures
      • Others
    • Flexible
      • Wraps & Films
      • Bags
      • Pouches
      • Others
  • Europe Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Technology (2021 – 2033)
    • Injection Molding
    • Extrusion
    • Blow Molding
    • Thermoforming
    • Others
  • Europe Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Application (2021 – 2033)
    • Food & Beverages
    • Industrial Packaging
    • Pharmaceuticals
    • Personal & Household Care
    • Others

Asia-Pacific Plastic Packaging Market Assessment

  • Overview
  • Asia-Pacific Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Product (2021 – 2033)
    • Rigid
      • Bottles & Jars
      • Cans
      • Trays & Containers
      • Caps & Closures
      • Others
    • Flexible
      • Wraps & Films
      • Bags
      • Pouches
      • Others
  • Asia-Pacific Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Technology (2021 – 2033)
    • Injection Molding
    • Extrusion
    • Blow Molding
    • Thermoforming
    • Others
  • Asia-Pacific Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Application (2021 – 2033)
    • Food & Beverages
    • Industrial Packaging
    • Pharmaceuticals
    • Personal & Household Care
    • Others

Latin America Plastic Packaging Market Assessment

  • Overview
  • Latin America Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Product (2021 – 2033)
    • Rigid
      • Bottles & Jars
      • Cans
      • Trays & Containers
      • Caps & Closures
      • Others
    • Flexible
      • Wraps & Films
      • Bags
      • Pouches
      • Others
  • Latin America Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Technology (2021 – 2033)
    • Injection Molding
    • Extrusion
    • Blow Molding
    • Thermoforming
    • Others
  • Latin America Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Application (2021 – 2033)
    • Food & Beverages
    • Industrial Packaging
    • Pharmaceuticals
    • Personal & Household Care
    • Others

Middle East and Africa Plastic Packaging Market Assessment

  • Overview
  • Middle East and Africa Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Product (2021 – 2033)
    • Rigid
      • Bottles & Jars
      • Cans
      • Trays & Containers
      • Caps & Closures
      • Others
    • Flexible
      • Wraps & Films
      • Bags
      • Pouches
      • Others
  • Middle East and Africa Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Technology (2021 – 2033)
    • Injection Molding
    • Extrusion
    • Blow Molding
    • Thermoforming
    • Others
  • Middle East and Africa Plastic Packaging Market Size Value (US$) and Volume (Billion Tons), By Application (2021 – 2033)
    • Food & Beverages
    • Industrial Packaging
    • Pharmaceuticals
    • Personal & Household Care
    • Others

Company Profile

  • Amcor plc
    • Company Overview
    • Geographic Footprints
    • Financial Performance
    • Product Portfolio
    • SWOT Analysis
    • R&D Efforts
    • Recent Developments & Strategic Collaborations
      • Product Launch/M&A/Technical Collaboration
  • Sealed Air
  • Coveris
  • Berry Global Inc.
  • Mondi
  • Sonoco Products Company
  • WINPAK LTD
  • CCL Industries, Inc.
  • Constantia Flexibles
  • Alpha Packaging

Conclusion & Recommendations

  • Insight Code: 5054
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Published: April 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

About The Author

Deepa Pandey is a skilled market research professional with over three years of experience specializing in packaging. Her expertise spans various aspects of the packaging sector, including regulatory compliance, packaging design, material innovations, and sustainability. Deepa's passion for improving packaging solutions in the healthcare industry drives her to stay ahead of emerging trends and innovations that aim to enhance safety, efficiency, and environmental sustainability.

Throughout her career, Deepa has collaborated with leading healthcare companies, conducting in-depth research to identify key market trends and shifts in consumer preferences. Her expertise includes packaging solutions that optimize drug delivery, ensure product integrity, and improve patient compliance. She is also focused on innovations in sustainable packaging, including the use of recyclable and biodegradable materials, as the industry increasingly seeks eco-friendly solutions.

Deepa's market research reports provide businesses with valuable insights into regulatory requirements, technological advancements, and competitive dynamics within healthcare packaging. By delivering actionable data, she has helped companies refine their packaging strategies, improve product safety, and maintain compliance with stringent industry standards.

FAQ's

The plastics like HDPE (high-density polyethylene) and PET (polyethylene terephthalate) are recyclable type of plastics.

The key players operating in the plastic packaging market have been mentioned here as follows: Amcor plc; Alpha Packaging; Sonoco Products Company; Sealed Air; WINPAK LTD.; Coveris; Berry Global Inc.; Mondi; CCL Industries, Inc.; and Constantia Flexibles among others.

Flexible Packaging Association, Packaging Industry Association of India (PIAI), AIPMA, Reusable Packaging Association, Advanced Packaging Association (APA), AIPIA | Active & Intelligent Packaging Industry Association, and World Packaging Organization among others.