Global Plastic Containers Market Trends, Forecast Report 2025-2037
Plastic Containers Market size is predicted to rise from USD 75.74 billion to USD 163.01 billion, reflecting a CAGR of over 6.2% throughout the forecast period, between 2025 and 2037. In the year 2025, the industry size of plastic containers is estimated at USD 79.44 billion.
The market growth is driven by rapid growth of the plastics industry. Such as a recent report shows that the total value of plastic shipments in the United States is about USD 400 billion by 2020. Additionally, growing demand for single-use packaging, along with global increase in the use of rigid plastic containers for packaging is expected to contribute to the market expansion.
Additionally, the ease of use of plastic containers comes used in numerous applications, such as chemical storage, personal care products, food and beverage, and pharmaceuticals for transport and storage. In addition, the plastic barrel is as hard as steel and has very good durability.
Plastic Containers Sector: Growth Drivers and Challenges
Growth Drivers
- Faster Plastic Production Rates - Affordable, and non-reactive plastic containers find applications across the spectrum. The versatility of plastic has driven people to produce more plastic containers, which is expected to further drive the growth of the market. According to the latest report by the Organization for Economic Cooperation and Development, global plastic production increased from 2000 to 2019 and exceeded about 460 million tons.
- Increasing Demand for Plastic Products - Many plastic products are used every day such as storage boxes, toothbrushes, lanyards, etc. Some manufacturing organizations even use plastic in the form of bottles and packaging bags to pack their products. Around five trillion plastic bags are used globally each year.
- Expansion of Packaging Sector –As a result of their adaptability, affordability, and capacity to satisfy a range of packaging demands, plastic containers are in high demand as the packaging industry as a whole expands across several industries.
Challenges
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Adverse Effect of Plastic on Humans and Environment - The increasing use of plastic has proved to be harmful. Many plastic compounds are thought to be extremely hazardous for humans and the environment. The majority of these additives can be emitted into the atmosphere when exposed to diverse atmospheric conditions since they do not bind to the chemical structure of the plastic. These chemicals can be penetrated our bodies through the skin, dissipate into the atmosphere, or be ingested through food or beverages. Hence, this factor is anticipated to dampen the market's growth during the projected time frame.
- Rising Awareness About Plastic Waste
- Stringent Governmental Rules Regarding Environmental Protection
Plastic Containers Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
6.2% |
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Base Year Market Size (2024) |
USD 75.74 billion |
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Forecast Year Market Size (2037) |
USD 163.01 billion |
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Regional Scope |
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Plastic Containers Segmentation
Product (Bottles, Boxes & Bins, Trays, Cups, Lids, Thin Wall Pails, Bowls)
The bottles segment in the plastic containers market is estimated to hold the largest revenue share during the projected period. The growth of this segment can be attributed to people using more plastic bottles. Such as a report published in 2022 states that a total of about 1 million types of plastic are used by humans every minute worldwide. Along with that, the use of plastic bottles is increasing in many industries such as food and beverage, pharmaceutical, and others, for the packaging of liquid beverages and medicines.
Material (Polypropylene, Polystyrene, Polyethylene, High-Density Polyethylene, Low-Density Polyethylene, Polyethylene Terephthalate)
The polyethylene terephthalate segment is expected to hold 29% share of the global plastic containers market in the forecast period, supported by several advantages associated with it such as light weight, durability, and recyclability. In addition, polyethylene terephthalate (PET) has exponential barrier properties against vapors, oils, and many more that make it a very suitable plastic for food and beverage packaging. For instance, PET bottles are used to package about 75% of mineral water, soft drinks, and juices worldwide.
Our in-depth analysis of the global market includes the following segments:
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Material |
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Product |
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Manufacturing |
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End Use |
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Customize this ReportPlastic Containers Industry Regional Scope
Asia Pacific Market Forecast
The Asia-Pacific plastic containers market is poised to account for 35% share by 2037. The market growth can be mainly attributed to rising consumption of soft drinks, packaged juices, and bottled water increases in the region. Furthermore, the presence of a strong network of pharmaceutical and cosmetic manufacturers will contribute to the market revenue in the region.
Europe Market Statistics
The European plastic containers market is expected to experience notable growth till 2037, attributed to strong increase in consumption of packaged and processed foods, pulling followed by an increase in the employment rate. As their busy work schedules have increased the growing demand for convenience food items in the area. In addition, the presence of many high-end car manufacturers in the region is driving the demand for automotive coolants, oils, and lubricants in this region.
Companies Dominating the Plastic Containers Landscape
- Amcor Group GmbH
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Plastipak Holdings, Inc.
- ALPLA Group
- Graham Packaging Company, L.P.
- Berry Global Inc.
- Grenier AG
- Visy Industries Australia Pty Ltd.
- Shanghai Zijiang Enterprise Group Co., Ltd.
- Crown Holdings, Inc.
- Silgan Holdings, Inc.
In the News
- Amcor Group Gmbh has launched its latest OmnlPack PET bottles to meet the requirements for eCommerce-ready packaging.
- ALPLA Group along with Voslauer has entered into a partnership to develop a new PET bottle for the Austrian market that will reduce the carbon footprint by 30%.
Author Credits: Rajrani Baghel
- Report ID: 3313
- Published Date: Jan 28, 2025
- Report Format: PDF, PPT
