The plastic packaging market will grow from USD 432.11 billion in 2025 to USD 636.64 billion by 2034, at a CAGR of 4.4%. Our report clearly explains all key market segments. It shows that PET was the top material in 2024, rigid packaging was the leading product, extrusion was the main technology, and food & beverages was the largest application. We also provide detailed regional insights for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific led the market in 2024, while North America is expected to show strong growth ahead. The report includes company profiles, competitive analysis, value chain mapping, trade statistics, and a full manufacturers and suppliers database.
Global Plastic Packaging Market Top Players
- Amcor plc
- Sealed Air Corporation
- Coveris Holdings SA
- Berry Global Inc.
- Mondi
- Sonoco Products Company
- WINPAK LTD
- CCL Industries, Inc
- Constantia Flexibles
- Alpha Packaging
- Pactive LLC
- Silgan Holdings Inc.
- DS Smith Plc
- Huhtamaki Oyj
- Takween Advanced Industries
- Transcontinental Inc.
- Bischof + Klein SE & Co. KG
- Uflex Ltd
- American Packaging Corporation
- Sigma Plastics Group
- Plastipak Holdings Inc.
- ES-Plastic GmbH
- Pact Group
- Anchor Packaging LLC
- Dart Container Corporation
- Novolex
- Printpack Inc.
- Reynolds Consumer Products Inc.
- Quadpack Industries SA
- Tetra Pak International SA (Tetra Laval Group)
- Toppan Inc.
- Plastic Packaging Technologies (PPT)
Latest Announcements by Plastic Packaging Industry Leaders
- In March 2025, According to Kate Daly, Managing Partner of Closed Loop Partners' Centre for the Circular Economy, the company was excited to test findings and, through the Consortium to Recover Small-Format Packaging, deploy equipment and infrastructure upgrades to drive real-world proof-of-concepts in the field. The company must develop ways to collect valuable small-format materials that might otherwise wind up in landfills, such as polypropylene. Given the widespread usage of small-format packaging across the retail, catering, beverage, pharmaceutical, and cosmetics industries, this problem is inevitably cross-industry. The Closed Loop Partners' Centre for the Circular Economy is encouraging companies from a variety of industries and the company’s research-phase partners to join the Consortium and contribute to solving an urgent waste problem.
New Advancements in Plastic Packaging Industry
- On March 31, 2025, Placon, a pioneer in sustainable, creative thermoformed food packaging, announced the debut of its new Fresh 'n Clear Dip Cup line for dips, spreads, and hummus. In response to growing consumer demand for more environmentally friendly food packaging choices for the expanding market for hummus, spread, and dip, the dip cup line was created. The dip cups and matching lids are constructed from Placon's exclusive EcoStar material, which has a #1 resin code and at least 10% recycled PET. Stacking and retailing are made simple by the product line's circular shape and recyclable crystal-clear packaging.
- In October 2024, Placon announced the launch of a new stock line of BargerGard TPU pouches and tip protectors, further solidifying its position as a global leader in medical packaging. To protect sharp and rough medical equipment, such as drills, screws, needles, catheters, and porous coated implants, the new product line includes bags with and without flaps as well as a range of tip protectors. The product line is composed of thermoplastic polyurethane (TPU), a non-abrasive substance that guards against scratches and dents on trays and gadgets as well as protecting polished and completed surfaces.
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