Global Packaging Materials Market Size & Outlook

The global packaging materials market size was estimated at USD 619.3 billion in 2024 and is projected to reach USD 852.4 billion by 2030, growing at a CAGR of 5.3% from 2025 to 2030.
Revenue, 2024 (US$B)
$619.3
Forecast, 2030 (US$B)
$852.4
CAGR, 2025 - 2030
5.3%
Report Coverage
Worldwide

Global packaging materials market highlights

  • The global packaging materials market generated a revenue of USD 619.3 billion in 2024 and is expected to reach USD 852.4 billion by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 5.3% by 2030.
  • In terms of segment, rigid plastics accounted for a revenue of USD 186.4 billion in 2024.
  • Paper & Paperboard 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 2024.
  • Country-wise, China is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 619.3 billion
Market revenue in 2030USD 852.4 billion
Growth rate5.3% (CAGR from 2025 to 2030)
Largest segmentRigid plastics
Fastest growing segmentPaper & Paperboard
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD billion
Market segmentationRigid Plastics, Flexible Plastics, Paper & Paperboard, Metal, Glass, Wood

Other key industry trends

  • In terms of revenue, the North America accounted for 23.2% of the global packaging materials market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, China is the fastest growing regional market and is projected to reach USD 148.8 billion by 2030.

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Packaging Materials Market Companies

Name Profile # Employees HQ Website

Global packaging materials 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 packaging materials market will help companies and investors design strategic landscapes.


Rigid plastics was the largest segment with a revenue share of 30.1% in 2024. Horizon Databook has segmented the Global packaging materials market based on rigid plastics, flexible plastics, paper & paperboard, metal, glass, wood covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Packaging Materials Material Outlook (Revenue, USD Billion, 2018-2030)
    • Rigid Plastics
    • Flexible Plastics
    • Paper & Paperboard
    • Metal
    • Glass
    • Wood
    • Others
  • Global Packaging Materials Product Outlook (Revenue, USD Billion, 2018-2030)
    • Jars & Containers
    • Bags & Sacks
    • Bottles & Cans
    • Closures & Lids
    • Films & Wraps
    • Drums & IBC
    • Boxes & Cartons
    • Crates & Pallets
    • Others
  • Global Packaging Materials Packaging Format Outlook (Revenue, USD Billion, 2018-2030)
    • Primary Packaging
    • Secondary Packaging
    • Tertiary Packaging
  • Global Packaging Materials Application Outlook (Revenue, USD Billion, 2018-2030)
    • Food & Beverages
    • Pharmaceuticals & Healthcare
    • Personal Care & Cosmetics
    • Automotive
    • Electrical & Electronics
    • Chemicals
    • Household Products
    • Others

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Target buyers of Global packaging materials market databook

  • Our clientele includes a mix of packaging materials 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 packaging materials market , including forecasts for subscribers. This global databook contains high-level insights into Global packaging materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global packaging materials market size, by regions, 2018-2030 (US$B)

Top 10 countries: Packaging materials market size, 2024 (US$B)

Global packaging materials market share, by material, 2024 & 2030 (%, US$B)

Packaging materials market: Opportunity assessment by country

Global packaging materials market, by region, 2024 (US$B)

Global packaging materials market size, by regions, 2018-2030 (US$B)

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