Plastic Containers Market Report: Trends, Forecast and Competitive Analysis to 2030

Plastic Containers Trends and Forecast

The future of the global plastic containers market looks promising with opportunities in the beverages, food, pharmaceuticals & cosmetics, and FMCG markets. The global plastic containers market is expected to reach an estimated $88.4 billion by 2030 with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are growing adoption of rigid plastic containers for packaging in the food and beverage industry and expanding pharmaceutical sector to fuel demand for drugs and pharmaceutical packaging.

A more than 150-page report is developed to help in your business decisions.

Plastic Containers by Segment

The study includes a forecast for the global plastic containers by material, container type, end use, and region.

Plastic Containers Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• Polyethylene Terephthalate
• Polypropylene
• High-Density Polyethylene
• Low-Density Polyethylene
• Others

Plastic Containers Market by Container Type [Shipment Analysis by Value from 2018 to 2030]:

• Bottles & Jars
• Pails
• Tubs, Cups & Bowls
• Others

Plastic Containers Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Beverages
• Food
• Pharmaceuticals & Cosmetics
• FMCG
• Others

Plastic Containers Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Plastic Containers Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies plastic containers companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the plastic containers companies profiled in this report include-

• ALPLA
• Alpha Packaging
• Amcor
• Plastipak Holdings
• Graham Packaging Company
• Berry Global
• Greiner Packaging
• Shanghai Zijiang Enterprise
• Visy Industries
• Zhuhai Zhongfu Industrial

Plastic Containers Market Insights

Lucintel forecasts that polyethylene terephthalate will remain the largest segment over the forecast period due to favorable choice among packaging consumers.

Within this market, beverages will remain the largest segment due to the surging need for on-the-go beverage options.

APAC is expected to witness highest growth over the forecast period due to the upward trend in consumer expenditure on carbonated drinks.

Features of the Global Plastic Containers Market

Market Size Estimates: Plastic containers market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Plastic containers market size by material, container type, end use, and region in terms of value ($B).

Regional Analysis: Plastic containers market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different material, container type, end use, and regions for the plastic containers market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the plastic containers market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the plastic containers market size?

Answer: The global plastic containers market is expected to reach an estimated $88.4 billion by 2030.

Q2. What is the growth forecast for plastic containers market?

Answer: The global plastic containers market is expected to grow with a CAGR of 5.4% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the plastic containers market?

Answer: The major drivers for this market are growing adoption of rigid plastic containers for packaging in the food and beverage industry and expanding pharmaceutical sector to fuel demand for drugs and pharmaceutical packaging.

Q4. What are the major segments for plastic containers market?

Answer: The future of the plastic containers market looks promising with opportunities in the beverages, food, pharmaceuticals & cosmetics, and FMCG markets.

Q5. Who are the key plastic containers market companies?

Answer: Some of the key plastic containers companies are as follows.

• ALPLA
• Alpha Packaging
• Amcor
• Plastipak Holdings
• Graham Packaging Company
• Berry Global
• Greiner Packaging
• Shanghai Zijiang Enterprise
• Visy Industries
• Zhuhai Zhongfu Industrial

Q6. Which plastic containers market segment will be the largest in future?

Answer: Lucintel forecasts that polyethylene terephthalate will remain the largest segment over the forecast period due to favorable choice among packaging consumers.

Q7. In plastic containers market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to the upward trend in consumer expenditure on carbonated drinks.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the plastic containers market by material (polyethylene terephthalate, polypropylene, high-density polyethylene, low-density polyethylene, and others), container type (bottles & jars, pails, tubs, cups & bowls, and others), end use (beverages, food, pharmaceuticals & cosmetics, FMCG, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?