Global Plastic Packaging Market Size & Outlook, 2023-2030
Global plastic packaging market, 2018-2030 (US$M)
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Global plastic packaging market highlights
- The global plastic packaging market generated a revenue of USD 384,350.0 million in 2023 and is expected to reach USD 492,280.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.6% by 2030.
- In terms of segment, polyethylene terephthalate (pet) accounted for a revenue of USD 125,510.0 million in 2023.
- Bioplastics is the most lucrative material 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, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 384,350.0 million |
| Market revenue in 2030 | USD 492,280.0 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Polyethylene terephthalate (pet) |
| Fastest growing segment | Bioplastics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene Terephthalate (PET), Polyethylene (PE), Polystyrene (PS), Polypropylene (PP), Polyvinyl Chloride (PVC), Bioplastics |
Other key industry trends
- In terms of revenue, the North America accounted for 22.1% of the global 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, UK is the fastest growing regional market and is projected to reach USD 10,200.0 million by 2030.
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Plastic Packaging Market Scope
Plastic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global 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 plastic packaging market will help companies and investors design strategic landscapes.
Polyethylene terephthalate (pet) was the largest segment with a revenue share of 32.66% in 2023. Horizon Databook has segmented the Global plastic packaging market based on polyethylene terephthalate (pet), polyethylene (pe), polystyrene (ps), polypropylene (pp), polyvinyl chloride (pvc), bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Plastic Packaging Material Outlook (Revenue, USD Million, 2018-2030)
- Polyethylene Terephthalate (PET)
- Polyethylene (PE)
- Polystyrene (PS)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Bioplastics
- Others
- Global Plastic Packaging Technology Outlook (Revenue, USD Million, 2018-2030)
- Injection Molding
- Extrusion
- Blow Molding
- Thermoforming
- Others
- Global Plastic Packaging Type Outlook (Revenue, USD Million, 2018-2030)
- Rigid
- Bottles & Jars
- Cans
- Trays & Containers
- Caps & Closures
- Others
- Flexible
- Wraps & Films
- Bags
- Pouches
- Others
- Rigid
- Global Plastic Packaging Application Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Industrial Packaging
- Pharmaceuticals
- Personal & Household Care
- Others
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Target buyers of Global plastic packaging market databook
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Our clientele includes a mix of 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 plastic packaging market , including forecasts for subscribers. This global databook contains high-level insights into Global plastic packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global plastic packaging market size, by regions, 2018-2030 (US$M)
Top 10 countries: Plastic packaging market size, 2023 (US$M)
Global plastic packaging market share, by material, 2023 & 2030 (%, US$M)
Plastic packaging market: Opportunity assessment by country
Global plastic packaging market, by region, 2023 (US$M)
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