Global Plastic Market Size & Outlook, 2023-2030

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 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 2023USD 638,391.5 million
Market revenue in 2030USD 857,785.2 million
Growth rate4.3% (CAGR from 2023 to 2030)
Largest segmentPackaging
Fastest growing segmentMedical Devices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPackaging, 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 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

  • Our clientele includes a mix of plastic market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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.

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Global plastic market size, by regions, 2018-2030 (US$M)

Top 10 countries: Plastic market size, 2023 (US$M)

Global plastic market share, by end use, 2023 & 2030 (%, US$M)

Plastic market: Opportunity assessment by country

Global plastic market, by region, 2023 (US$M)

Global plastic market size, by regions, 2018-2030 (US$M)

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