How big is the Global Plastic Packaging Market?

The Global Plastic Packaging Market size is expected to reach 103.63 million tonnes in 2024 and grow at a CAGR of 3.31% to reach 121.93 million tonnes by 2029. Read More

What is the current Global Plastic Packaging Market size?

In 2024, the Global Plastic Packaging Market size is expected to reach 103.63 million tonnes. Read More

Who are the key players in Global Plastic Packaging Market?

Mondi plc, ALPLA Group, Huhtamaki Oyj, Amcor plc and Berry Global Inc. are the major companies operating in the Global Plastic Packaging Market. Read More

Which is the fastest growing region in Global Plastic Packaging Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Global Plastic Packaging Market?

In 2024, the Asia-Pacific accounts for the largest market share in Global Plastic Packaging Market. Read More

What years does this Global Plastic Packaging Market cover, and what was the market size in 2023?

In 2023, the Global Plastic Packaging Market size was estimated at 100.20 million tonnes. The report covers the Global Plastic Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Plastic Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the emerging regulations impacting the use of Plastic Packaging in various regions?

The emerging regulations that are impacting the use of Plastic Packaging in various regions are a) Bans on specific plastics b) Increasing the mandatory of recycling Read More

Plastic Packaging Market - Industry Size & Segmentation

Plastic Packaging Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The Plastic Packaging Industry Outlook is Segmented Into Rigid Plastic Packaging (by Material Type (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS) and Expanded Polystyrene (EPS), Polyvinyl Chloride (PVC), and Other Material Types), Product (Bottles and Jars, Trays and Containers, and Other Products), End-User Industry (Food, Beverage, Healthcare, Cosmetics and Personal Care, and Other End-User Industries) and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). It is Also Segmented Into Flexible Plastic Packaging (by Material Type (Polyethylene (PE), Bi-Orientated Polypropylene (BOPP), Cast Polypropylene (CPP), Polyvinyl Chloride (PVC), Ethylene Vinyl Alcohol (EVOH), and Other Material Types), Product Type (Pouches, Bags, Films and Wraps, and Other Product Types), End-User Industry (Food, Beverage, Cosmetics and Personal Care, Healthcare, and Other End-User Industry) and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa)). The Market Size and Sales Forecast are Provided in Terms of Volume (Tonne) for all the Above-Mentioned Segments.

Plastic Packaging Industry Overview

The global plastic packaging industry outlook is highly competitive because of the presence of many players running their businesses within national and international boundaries, as highlighted in the industry analysis. The market is fragmented with the presence of the largest companies like Alpla Group, Amcor PLC, Berry Global Inc., and Mondi PLC.

In November 2023, Amcor PLC launched the next generation of its medical laminate solutions. Amcor’s latest innovation enables the development of all-film packaging that is recyclable in the polyethylene stream. The new packaging solution consists of a mono-material polyethylene (PE) laminate that can be employed for a wide range of packaging formats. It can replace non-recyclable with recycle-ready lidding for 3D thermoformed packages that are used for drapes, catheters, protective materials, and injection and tubing systems. Laminates also find application in 2D pouches for products such as gloves and wound care materials.
In July 2023, Indiana-based Berry Global launched a range of reusable bottles made from post-consumer recycled plastic (PCR) for The Bio-D Co., a cleaning company with an ethical and environmental focus. The new PCR bottles can be refilled multiple times at more than 300 refill stores across the country. The CO2 emissions saved by using 100% PCR bottles compared with virgin plastic amount to 14.3 tons annually.