Global Plastic Market Size & Outlook
The plastic industry worldwide is expected to reach a projected revenue of US$ 857,785.2 million by 2030. A compound annual growth rate of 4.3% is expected of the worldwide plastic industry from 2024 to 2030.
Revenue, 2023 (US$M)
$638,391.5
Forecast, 2030 (US$M)
$857,785.2
CAGR, 2024 - 2030
4.3%
Report Coverage
Worldwide
Global plastic market, 2018-2030 (US$M)
Related Markets
Global plastic market highlights
- The global plastic market generated a revenue of USD 638,391.5 million in 2023 and is expected to reach USD 857,785.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.3% by 2030.
- In terms of segment, packaging accounted for a revenue of USD 225,642.3 million in 2023.
- Medical Devices is the most lucrative end use 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, Netherlands is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 638,391.5 million |
| Market revenue in 2030 | USD 857,785.2 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | Medical Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Packaging, Construction, Electricals & Electronics, Automotive, Medical Devices, Agriculture, Furniture & Bedding, Consumer Goods, Utility |
Other key industry trends
- In terms of revenue, the North America accounted for 16.7% of the global plastic market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Netherlands is the fastest growing regional market and is projected to reach USD 11,604.5 million by 2030.
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Plastic Market Scope
Plastic market segmentation & scope
Packaging
Construction
Electricals & Electronics
Automotive
Medical Devices
Agriculture
Furniture & Bedding
Consumer Goods
Utility
Others
Injection Molding
Blow Molding
Roto Molding
Compression Molding
Casting
Themroforming
Extrusion
Calendering
Others
Polyethylene (PE)
Polypropylene (PP)
Polyurethane (PU)
Polyvinyl chloride (PVC)
Polyethylene terephthalate (PET)
Polystyrene (PS)
Acrylonitrile butadiene styrene (ABS)
Polybutylene terephthalate (PBT)
Polyphenylene Oxide (PPO)
Epoxy Polymers
Liquid Crystal Polymers
Polyether ether ketone (PEEK)
Polycarbonate (PC)
Polyamide (PA)
Polysulfone (PSU)
Polyphenylsulfone (PPSU)
Others
Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global plastic 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 plastic market will help companies and investors design strategic landscapes.
packaging was the largest segment with a revenue share of 35.35% in 2023. Horizon Databook has segmented the Global plastic market based on packaging, construction, electricals & electronics, automotive, medical devices, agriculture, furniture & bedding, consumer goods, utility covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Plastic End Use Outlook (Revenue, USD Million, 2018-2030)
- Packaging
- Construction
- Electricals & Electronics
- Automotive
- Medical Devices
- Agriculture
- Furniture & Bedding
- Consumer Goods
- Utility
- Others
- Global Plastic Application Outlook (Revenue, USD Million, 2018-2030)
- Injection Molding
- Blow Molding
- Roto Molding
- Compression Molding
- Casting
- Themroforming
- Extrusion
- Calendering
- Others
- Global Plastic Product Outlook (Revenue, USD Million, 2018-2030)
- Polyethylene (PE)
- Polypropylene (PP)
- Polyurethane (PU)
- Polyvinyl chloride (PVC)
- Polyethylene terephthalate (PET)
- Polystyrene (PS)
- Acrylonitrile butadiene styrene (ABS)
- Polybutylene terephthalate (PBT)
- Polyphenylene Oxide (PPO)
- Epoxy Polymers
- Liquid Crystal Polymers
- Polyether ether ketone (PEEK)
- Polycarbonate (PC)
- Polyamide (PA)
- Polysulfone (PSU)
- Polyphenylsulfone (PPSU)
- Others
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Target buyers of Global plastic market databook
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Our clientele includes a mix of plastic 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 plastic market , including forecasts for subscribers. This global databook contains high-level insights into Global plastic market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global plastic market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Plastic market size, 2023 (USD Million)
Top 10 countries: Plastic market size, 2023 (USD Million)
Global plastic market, by region, 2023 (US$M)
Related regional statistics
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