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China Rigid Plastic Packaging Market Size

Statistics for the 2023 & 2024 China Rigid Plastic Packaging market size, created by Mordor Intelligence™ Industry Reports. China Rigid Plastic Packaging size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of China Rigid Plastic Packaging Industry

China Rigid Plastic Packaging Market Summary
Study Period 2022 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2022 - 2022
CAGR (2024 - 2029) 4.07 %
Market Concentration Medium

Major Players

China Rigid Plastic Packaging Market Major Players

*Disclaimer: Major Players sorted in no particular order

China Rigid Plastic Packaging Market Analysis

The China Rigid Plastic Packaging Market size in terms of shipment volume is expected to grow from 9.30 Million metric tons in 2024 to 11.35 Million metric tons by 2029, at a CAGR of 4.07% during the forecast period (2024-2029).

China's surging plastic production significantly fuels its packaging industry. Rigid plastic packaging containers, with their superior impact strength, stiffness, and barrier properties, are outpacing other packaging types, driving the robust growth of the rigid plastic packaging market in China.

  • According to the National Bureau of Statistics (NBS) of the People's Republic of China (PRC), the country's GDP grew by 5.2% in 2023, reaching a total of USD 17.5 trillion. As urbanization rises and per capita disposable income increases, so does the demand for food and beverage products, fueling market growth.
  • As reported by the USDA, consumer demands and purchasing behaviors are diversifying, increasingly aligning with lifestyle choices. There is a notable surge in demand for healthy and premium foods. Popular sectors include semi-prepared foods, plant-based items, and packaged goods, all of which are propelling the demand for rigid plastic packaging solutions.
  • China's rising income levels and heightened health consciousness are driving up the consumption of meat, poultry, and seafood. This trend, coupled with China's status as the top meat importer, has increased demand for plastic packaging solutions. Even with rising meat prices in 2023, consumption continued to grow, further amplifying the need for rigid plastic packaging.
  • In response to the rising consumer demand for eco-friendly products, manufacturers in China are focusing on developing sustainable packaging solutions. For example, in May 2024, Alpla Werke Alwin Lehner GmbH & Co KG, an Austria-based firm operating in China, unveiled a recyclable PET wine bottle. This innovation cuts carbon consumption by 38% compared to traditional glass and enhances the company's environmental footprint.
  • Despite these advancements, China faces a daunting challenge with plastic pollution, a crisis made more severe by its notorious air pollution issues. The country represents about one-fifth of global plastic consumption. It is the world's foremost manufacturer and exporter of single-use and virgin plastics made entirely from new, non-recycled sources. This duality poses significant challenges for companies operating within the nation.

China Rigid Plastic Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)