Global Plastic Packaging Market Size & Outlook, 2023-2030

The global plastic packaging market size was estimated at USD 384,350.0 million in 2023 and is projected to reach USD 492,280.0 million by 2030, growing at a CAGR of 3.6% from 2024 to 2030.
Revenue, 2023 (US$M)
$384,350.0
Forecast, 2030 (US$M)
$492,280.0
CAGR, 2024 - 2030
3.6%
Report Coverage
Worldwide

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 2023USD 384,350.0 million
Market revenue in 2030USD 492,280.0 million
Growth rate3.6% (CAGR from 2023 to 2030)
Largest segmentPolyethylene terephthalate (pet)
Fastest growing segmentBioplastics
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPolyethylene 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 Companies

Name Profile # Employees HQ Website
Printpack View profile 1001-5000 Atlanta, Georgia, United States, North America http://www.printpack.com/
Coveris Holdings View profile - Luxembourg, Luxembourg, Luxembourg, Europe https://www.coveris.com
Huhtamaki View profile 10001+ Espoo, Southern Finland, Finland, Europe http://huhtamaki.com/
Toppan Holdings Inc View profile 59210 1-5-1 Taito, Taito-ku, Tokyo, Japan, 110-8560 https://www.holdings.toppan.com
American Packaging Corporation View profile 1001-5000 Columbus, Wisconsin, United States, North America https://americanpackaging.com
Bischof + Klein View profile 1001-5000 Lengerich, Niedersachsen, Germany, Europe https://www.bk-international.com/
Sigma Plastics Group View profile 1001-5000 Lyndhurst, New Jersey, United States, North America http://www.sigmaplasticsgroup.com/
Novolex View profile 10001+ Hartsville, South Carolina, United States, North America http://www.novolex.com/
Dart Container Corporation View profile 10001+ Mason, Ohio, United States, North America https://www.dartcontainer.com
Tetra Laval View profile 10001+ Pully, Vaud, Switzerland, Europe http://www.tetralaval.com
Winpak Ltd View profile 2753 100 Saulteaux Crescent, Winnipeg, MB, Canada, R3J 3T3 https://www.winpak.com
Uflex View profile 10001+ New Delhi, Delhi, India, Asia http://www.uflexltd.com/
Transcontinental Inc Shs -A- Voting Subord. View profile 8131 1 Place Ville Marie, Suite 3240, Affaires Juridiques,, A/s Caroline Hamel, Montreal, QC, Canada, H3B 0G1 https://tctranscontinental.com
DS Smith PLC View profile 29672 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL https://www.dssmith.com
Reynolds Consumer Products Inc Ordinary Shares View profile 6000 1900 W. Field Court, Lake Forest, IL, United States, 60045 https://www.reynoldsconsumerproducts.com
Pact Group Holdings Ltd View profile 3000 658 Church Street, Building 1, Level 5, Cremorne, Sydney, VIC, Australia, 3121 https://www.pactgroup.com
Constantia Flexibles View profile 5001-10000 Vienna, Wien, Austria, Europe http://www.cflex.com
Alpha Packaging View profile 11-50 Surat, Gujarat, India, Asia http://alphapackaging.co
Mondi PLC View profile 21773 The Heights, Brooklands, Ground Floor, Building 5, Weybridge, Surrey, United Kingdom, KT13 0NY https://www.mondigroup.com
Sealed Air Corp View profile 17000 2415 Cascade Pointe Boulevard, Charlotte, NC, United States, 28208 https://www.sealedair.com
CCL Industries Inc Registered Shs -B- Non Vtg View profile 16100 111 Gordon Baker Road, Suite 801, Toronto, ON, Canada, M2H 3R1 https://www.cclind.com
Berry Global Group Inc View profile 44000 101 Oakley Street, Evansville, IN, United States, 47710 https://www.berryglobal.com
Silgan Holdings Inc View profile 14400 4 Landmark Square, Suite 400, Stamford, CT, United States, 06901 https://www.silganholdings.com
Amcor PLC View profile 41000 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP https://www.amcor.com
Sonoco Products Co View profile 23000 1 N. Second Street, Hartsville, SC, United States, 29550 http://www.sonoco.com

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
  • Global Plastic Packaging Application Outlook (Revenue, USD Million, 2018-2030)
    • Food & Beverages
    • Industrial Packaging
    • Pharmaceuticals
    • Personal & Household Care
    • Others

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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.

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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)

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

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