Plastic Packaging Market Size, Share, and Trends Analysis Report

CAGR :  Diagram

Market Size 2023 (Base Year) USD 365.20 Billion
Market Size 2032 (Forecast Year) USD 533.44 Billion
CAGR 4.3%
Forecast Period 2024 - 2032
Historical Period 2018 - 2023

Plastic Packaging Market Insights

A latest report by Market Research Store estimates that the Global Plastic Packaging Market was valued at USD 365.20 Billion in 2023 and is expected to reach USD 533.44 Billion by 2032, with a CAGR of 4.3% during the forecast period 2024-2032. The report Plastic Packaging Market overview, growth factors, restraints, opportunities, segmentation, key developments, competitive landscape, consumer insights, and market growth forecast in terms of value or volume. These structured details offer an all-inclusive market overview, providing valuable insights for investment decisions, business decisions, strategic planning, and competitive analysis.

Plastic Packaging Market Size

Plastic Packaging Market: Report Scope

Report Attributes Report Details
Report Name Plastic Packaging Market
Market Size in 2023 USD 365.20 Billion
Market Forecast in 2032 USD 533.44 Billion
Growth Rate CAGR of 4.3%
Number of Pages 110
Key Companies Covered Amcor Ltd., Crown Holdings Inc., Bemis Company Inc., BASF SE, Huhtamaki Oyj, Mondi, Sealed Air Corporation, Sonoco Products, Saint-Gobain and amongst others.
Segments Covered By Product, By Application, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2023
Forecast Year 2024 to 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization


The report covers forecast and analysis for the plastic packaging market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based on both volumes (kilo tons) and revenue (USD million). The study includes drivers and restraints for the plastic packaging market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the plastic packaging market on a global level.

In order to give the users of this report a comprehensive view on the plastic packaging market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the plastic packaging market has also been included. The study encompasses a market attractiveness analysis, wherein product segments and application segments are benchmarked based on their market size, growth rate and general attractiveness.

The study provides a decisive view on the plastic packaging market by segmenting the market based on applications. All the application segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Key product segmented market covered under this study includes rigid plastic packaging and flexible plastic packaging. Key application market covered under this study includes packaging food & beverages, industrial, household products, personal care, medical and other applications. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Rest of the World with its further bifurcation into major countries including U.S., Germany, France, UK, China, Japan, India and Brazil. This segmentation includes demand for plastic packaging based on individual applications in all the regions and countries.

The key players in the plastic packaging market include Amcor Ltd., Crown Holdings Inc., Bemis Company Inc., BASF SE, Huhtamaki Oyj, Mondi, Sealed Air Corporation, Sonoco Products, Saint-Gobain and amongst others.

This report segments the global plastic packaging market as follows:

Plastic Packaging Market: Product Segment Analysis

  • Rigid Plastic Packaging
  • Flexible Plastic Packaging

Plastic Packaging Market:  Application Segment Analysis

  • Food & Beverages
  • Industrial
  • Household Products
  • Personal Care
  • Medical
  • Other

Plastic Packaging Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany 
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East & Africa

Frequently Asked Questions

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As per [Keyword] market analysis, North America is forecasted to occupied major share in the [Keyword] market.

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The report come up with a segment of the [Keyword] market based on Type, Region, and Application, Also offer a determined view on the [Keyword] market.

The report offers a nitty-gritty estimation of the market by providing data on various viewpoints that incorporate, restraints, drivers, and opportunities threats. This data can help in making suitable decisions for stakeholders before investing.

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