Plastic Container Market Size To Reach $163.62 Billion By 2033

December 2025 | Report Format: Electronic (PDF)

Plastic Container Market Growth & Trends

The global plastic container market size is estimated to reach USD 163.62 billion by 2033, registering a CAGR of 4.6% from 2026 to 2033, according to a new report by Grand View Research, Inc. Increasing demand for convenient food products such as functional and nutritional drinks is expected to expand the scope for packaging container over the forecast period.

Packaging plays a crucial role in adding value to the product. Plastic packaging in the food and beverages industry is increasingly preferred owing to its aesthetic appeal and convenience, which attracts both manufacturer and consumer. This, in turn, is expected to fuel product demand over the forecast period.

PET is prominent material used for manufacturing plastic container. Attributes such as non-toxic, safe, and lightweight make it a preferred material for soft drinks, juice, and bottle water. Growing consumption of juice, functional drinks, and bottle water is expected to increase use of PET bottle and container in the food and beverages industry. Use of HDPE in plastic container is expected to witness significant growth over the forecast period.

HDPE is a preferred material for cosmetics, milk bottle, and jars. HDPE have superior barrier protection properties that protect the product from harmful radiation, moisture, and microbes, thereby extending the shelf life of product. Moreover, this material has superior strength and can be recycled, thereby making it a preferred material for shampoo, industrial lubricants, and paints.

The beverage application segment held the largest revenue share. Increasing consumption of soft drinks in emerging countries such as India is expected to increase product demand over the forecast period. The cosmetic segment is expected to expand at the highest CAGR over the forecast period owing to increasing demand for cosmetic products in China, South Korea, and India. This, in turn, is expected to expand the scope of plastic containers over the next few years.

Asia Pacific dominated the global plastic containermarket and is expected to maintain its lead throughout the forecast period. Hectic working schedule has increased the demand for convenient food and beverages. This trend has resulted in increased demand for nutritional food and beverages, which, in turn, necessitated product launches in the region. Such factors are expected to expand the scope of plastic packaging, as this packaging type helps in extending product’s shelf life.

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Plastic Container Market Report Highlights

Based on material, the polyethylene terephthalate (PET) dominated the market and accounted for a share of 55.61% in 2025. PET is the preferred packaging material for carbonated drinks, bottled water, and juice due to its light weight, durability, and recyclability.
Based on application, the beverages accounted for the largest market revenue share of 53.01% in 2025. Beverage containers, primarily bottles and jars, play a critical role in the supply chain, ensuring product safety and extended shelf life while protecting against leakage, moisture, and chemical exposure.
Asia Pacific plastic container market led the global plastic container market with a revenue share of 32.20% in 2025. The region is poised for significant growth in the plastic container industry, driven by the rising demand for plastic bottles for bottled water and carbonated beverages.