Asia-Pacific Plastic Bottles And Containers Market Size (2024 - 2029)

The Asia-Pacific plastic bottles and containers market is poised for growth, driven by the lightweight and cost-effective nature of plastic materials, which are preferred for their ease of handling and recyclability. The market's expansion is supported by the increasing demand for polyethylene terephthalate (PET) bottles and the material's widespread use across various industries, including pharmaceuticals and personal care, due to its durability and moisture-resistant properties. Despite environmental concerns leading to a shift towards more sustainable packaging options like aluminum and glass, the region's economic growth and the rise of organized retail have bolstered the demand for packaged goods, thereby influencing the market size positively.

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Market Size of Asia-Pacific Plastic Bottles And Containers Industry

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Asia Pacific Plastic Bottles and Containers Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 28.28 Billion
Market Size (2029) USD 35.28 Billion
CAGR (2024 - 2029) 4.52 %
Market Concentration Low

Major Players

Asia-Pacific Plastic Bottles And Containers Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Asia-Pacific Plastic Bottles And Containers Market Analysis

The Asia-Pacific Plastic Bottles And Containers Market size is estimated at USD 28.28 billion in 2024, and is expected to reach USD 35.28 billion by 2029, growing at a CAGR of 4.52% during the forecast period (2024-2029). In terms of production volume, the market is expected to grow from 19.60 million metric tons in 2024 to 24.5 million metric tons by 2029, at a CAGR of 4.57% during the forecast period (2024-2029).

  • Plastic packaging has become popular among consumers over other products, as plastic material is lightweight and unbreakable, making it easier to handle. Even major manufacturers prefer to use plastic packaging, owing to the lower cost of production. Moreover, the introduction of polymers, such as polyethylene terephthalate (PET) and high-density polyethylene (HDPE), is expanding the applications of plastic bottles. The market has been witnessing an increasing demand for PET bottles.
  • Plastic bottles and containers made of polyethylene terephthalate, polypropylene, and polyethylene are widely used as the material is lightweight and easily recyclable, making it the preferred choice among the end-users. The cost-effective nature of plastic material and dependence on packaged, processed food and various beverages will influence the studied market over the forecast period.
  • Plastics have been increasingly adopted due to their lightweight properties because lightweight plastic packaging can preserve energy in transporting packed goods and lower emissions. The lightweight properties of plastic are the primary advantage of expanding the market. Compared to other materials, such as glass, which is much heavier than plastic, more trips are required while transporting.
  • The market's growth can also be attributed to the expanding range of applications across diverse industries in the region. For instance, within the pharmaceutical industry, plastic bottles offer a reliable packaging option for tablets, syrups, and capsules due to their moisture-resistant properties that maintain product stability. In personal care and cosmetics, plastic bottles are an ideal option for packaging shampoos, conditioners, lotions, and creams, owing to their durability and visual appeal.
  • However, with growing concerns about plastic pollution, manufacturers and consumers are also inclining themselves toward other packaging materials that offer environment-friendly properties. The consumption of aluminum and glass might witness rising adoption rates owing to their high recyclability. This is expected to hinder the growth of the market studied.
  • Nevertheless, the Asia-Pacific region has experienced improved and better economic growth and dynamic demographic changes that have significantly influenced the region's development. The growth of organized retail, including supermarkets and hypermarkets, has heightened the demand for packaged goods. These outlets require extensive packaging to cater to the diverse needs of consumers, driving the overall market.

Asia-Pacific Plastic Bottles And Containers Industry Segmentation

For this study, bottles are defined as rigid plastic containers with an open cap medium or a dispensing interface (such as a dropper, nozzles, pumps, sprays, etc.) that are primarily used by the manufacturer to pack fluid products. Containers are defined as rigid plastic containers that have only an open cap or closure medium for dispensing and usually contain very high or very minimal quantities of product (jars, canisters, buckets/pails, boxes, gallons, tubs, etc.) and are considered in this category. Unlike bottles, the containers classified in this section are, in most cases, re-usable and have a high demand from aftermarket sales as compared to the demand or consumption from manufacturers.

The scope is limited to B2B demand. The estimates exclude the weight of the content that is packed inside the plastic bottles and containers.

The Asia-Pacific plastic bottles and containers market is segmented by raw materials (polyethylene terephthalate (PET), polypropylene (PP), low-density polyethylene (LDPE), high-density polyethylene (HDPE), other raw materials), end-user vertical (beverages [bottled water, carbonated soft drinks, dairy-based, other beverages], food, cosmetics, pharmaceuticals, household care, other End-user verticals), by country (China, India, Japan, Australia and New Zealand, Southeast Asia, and Rest of Asia Pacific). The report offers market forecasts and size in volume (metric tons) and value (USD) for all the above segments.

By Raw Materials
Polyethylene Terephthalate (PET)
Polypropylene (PP)
Low-Density Polyethylene (LDPE)
High-Density Polyethylene (HDPE)
Other Raw Materials
By End-user Vertical
Beverages
Bottled Water
Carbonated Soft Drinks
Dairy-based
Other Beverages
Food
Cosmetics
Pharmaceuticals
Household Care
Other End-user Verticals
By Country
China
India
Japan
Australia and New Zealand
South East Asia
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Asia-Pacific Plastic Bottles And Containers Market Size Summary

The Asia-Pacific plastic bottles and containers market is experiencing significant growth, driven by the increasing preference for plastic packaging due to its lightweight and unbreakable nature. This trend is further supported by the cost-effectiveness of plastic materials, making them a preferred choice for manufacturers across various industries. The introduction of advanced polymers like polyethylene terephthalate (PET) and high-density polyethylene (HDPE) has expanded the applications of plastic bottles, particularly in the food and beverage, pharmaceutical, and personal care sectors. The market's expansion is also fueled by the growing demand for PET bottles, which offer advantages such as energy preservation during transportation and lower emissions compared to heavier materials like glass. However, environmental concerns regarding plastic pollution are prompting a shift towards more sustainable packaging solutions, potentially impacting market growth.

China plays a pivotal role in the Asia-Pacific plastic bottles and containers market, being a major producer and consumer of plastic globally. The country's focus on sustainable practices and the promotion of recycled plastic are influencing the market dynamics, with significant investments in recycling technologies and initiatives to reduce plastic waste. The demand for recycled polyethylene terephthalate (rPET) is on the rise, supported by collaborations and partnerships among key industry players to enhance recycling capabilities and meet regulatory requirements. The market is characterized by the presence of major companies such as Gerresheimer AG, Pact Group Holdings Limited, and Alpla Group, which are actively engaging in strategic partnerships and acquisitions to strengthen their market position and drive innovation in recycled plastic products.

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Asia-Pacific Plastic Bottles And Containers Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Value Chain Analysis

    3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.3.1 Bargaining Power of Suppliers

      2. 1.3.2 Bargaining Power of Buyers

      3. 1.3.3 Threat of New Entrants

      4. 1.3.4 Intensity of Competitive Rivalry

      5. 1.3.5 Threat of Substitute Products

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Raw Materials

      1. 2.1.1 Polyethylene Terephthalate (PET)

      2. 2.1.2 Polypropylene (PP)

      3. 2.1.3 Low-Density Polyethylene (LDPE)

      4. 2.1.4 High-Density Polyethylene (HDPE)

      5. 2.1.5 Other Raw Materials

    2. 2.2 By End-user Vertical

      1. 2.2.1 Beverages

        1. 2.2.1.1 Bottled Water

        2. 2.2.1.2 Carbonated Soft Drinks

        3. 2.2.1.3 Dairy-based

        4. 2.2.1.4 Other Beverages

      2. 2.2.2 Food

      3. 2.2.3 Cosmetics

      4. 2.2.4 Pharmaceuticals

      5. 2.2.5 Household Care

      6. 2.2.6 Other End-user Verticals

    3. 2.3 By Country

      1. 2.3.1 China

      2. 2.3.2 India

      3. 2.3.3 Japan

      4. 2.3.4 Australia and New Zealand

      5. 2.3.5 South East Asia

Asia-Pacific Plastic Bottles And Containers Market Size FAQs

The Asia-Pacific Plastic Bottles And Containers Market size is expected to reach USD 28.28 billion in 2024 and grow at a CAGR of 4.52% to reach USD 35.28 billion by 2029.

In 2024, the Asia-Pacific Plastic Bottles And Containers Market size is expected to reach USD 28.28 billion.

Asia-Pacific Plastic Bottles and Containers Market Size & Share Analysis - Growth Trends and Forecasts (2024 - 2029)