Global Industrial Plastic Packaging Market Size & Outlook
Global industrial plastic packaging market, 2018-2030 (US$M)
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Global industrial plastic packaging market highlights
- The global industrial plastic packaging market generated a revenue of USD 47,243.2 million in 2023 and is expected to reach USD 58,129.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3% by 2030.
- In terms of segment, jerry cans accounted for a revenue of USD 9,388.2 million in 2023.
- Bags & Sacks is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 47,243.2 million |
| Market revenue in 2030 | USD 58,129.5 million |
| Growth rate | 3% (CAGR from 2023 to 2030) |
| Largest segment | Jerry cans |
| Fastest growing segment | Bags & Sacks |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bottles & Jars, Jerry Cans, Wheelie Bins, Drums & Barrels, Crates, Pallets, Caps & Closures, Stretch Films, Shrink Films, Sleeves & Labels, Bags & Sacks |
Other key industry trends
- In terms of revenue, the North America accounted for 29.4% of the global industrial plastic packaging market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 167.4 million by 2030.
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Industrial Plastic Packaging Market Scope
Industrial Plastic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global industrial plastic packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial plastic packaging market will help companies and investors design strategic landscapes.
Jerry cans was the largest segment with a revenue share of 19.87% in 2023. Horizon Databook has segmented the Global industrial plastic packaging market based on bottles & jars, jerry cans, wheelie bins, drums & barrels, crates, pallets, caps & closures, stretch films, shrink films, sleeves & labels, bags & sacks covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Industrial Plastic Packaging Product Outlook (Revenue, USD Million, 2018-2030)
- Bottles & Jars
- Cups
- Trays
- Pouches
- Labels/Wraps
- Jerry Cans
- Plates & Bowls
- Containers
- Drums/Cans
- Wheelie Bins
- Drums & Barrels
- Crates
- Pallets
- Caps & Closures
- Stretch Films
- Shrink Films
- Sleeves & Labels
- Bags & Sacks
- Parenteral Containers
- Blister Packs
- Syringes
- Cartridges
- Prefillable Inhalers
- Tubes
- Labels/Accessories
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Target buyers of Global industrial plastic packaging market databook
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Our clientele includes a mix of industrial plastic packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global industrial plastic packaging market , including forecasts for subscribers. This global databook contains high-level insights into Global industrial plastic packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global industrial plastic packaging market size, by region, 2018-2030 (US$M)
Top 10 countries: Industrial plastic packaging market size, 2023 (US$M)
Global industrial plastic packaging market share, by product, 2023 & 2030 (%, US$M)
Industrial plastic packaging market: Opportunity assessment by country
Global industrial plastic packaging market, by region, 2023 (US$M)
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