Asia Pacific Packaging Market Insights in 2025

Asia Pacific Packaging Market 2025 Insights: UFlex, SIG, Amcor Lead Innovation Amid Sustainability Push

From 2025 to 2034, the global Asia Pacific packaging market is set for a massive revenue upswing, with projections of growth reaching hundreds of millions of dollars. In 2024, China led the packaging market, with plastic and flexible packaging dominating by material and type. India is set for fastest growth, driven by sustainable materials, digital tech, and rising demand from food, beverage, and e-commerce sectors.

Last Updated: 16 July 2025 Category: Packaging Forms Insight Code: 5693 Format: PDF / PPT / Excel

The Asia Pacific packaging market is accelerating, with forecasts predicting hundreds of millions in revenue growth between 2025 and 2034, powering sustainable infrastructure globally. The rising urbanization, the growing e-commerce sector, a surge in disposable incomes, rapid advancements in packaging technology, rising population, and increasing demand from multiple industries are expected to drive the global packaging market over the forecast period.

The Asia Pacific market is also experiencing significant growth, driven by increasing focus on sustainability and environmental consciousness. Several key players operating in the market are focused on adopting inorganic growth strategies like new product launches, acquisitions, and mergers to advance packaging materials. Additionally, the packaging market is growing at a significant rate in emerging economies, particularly China, driven by the availability of raw materials, the rapid expansion of the e-commerce sector, and increasing demand for sustainable and eco-friendly packaging solutions.

Key Takeaways

  • China held the largest share of the packaging market in 2024.
  • India is anticipated to grow at the fastest rate in the market during the forecast period.
  • By material type, the plastic packaging segment accounted for the dominating share of 55% in 2024
  • By material type, the sustainable/biodegradable packaging segment is expected to witness a significant share during the forecast period.
  • By packaging type, the flexible packaging segment held a dominant presence in the market in 2024 with 48%.
  • By packaging type, the semi-rigid packaging segment accounted for considerable growth in the global packaging market over the forecast period.
  • By technology, the blow moulding segment held the major market share of 33% in 2024.
  • By technology, the digital printing & smart labelling segment is projected to grow at a CAGR of between 2025 and 2034.
  • By end-use industry, the food & beverage segment contributed the biggest market share of 43% in 2024.
  • By end-use industry, the e-commerce & retail segment is expanding at a significant CAGR during the forecast period.

Market Overview

The Asia Pacific packaging market encompasses the ecosystem of materials, technologies, and solutions used to enclose and protect products for distribution, storage, sale, and use across countries in Asia and Oceania. It includes rigid, flexible, and semi-rigid packaging used in industries such as food & beverage, personal care, pharmaceuticals, electronics, and retail.

How is AI Integration impacting the growth of the Asia Pacific packaging market?

In today's rapidly evolving technological landscape, AI integration holds great potential to reshape the landscape of the packaging industry by improving manufacturing efficiency, reducing material wastage, enhancing sustainability, and offering predictive analytics. AI plays a role in modernising packaging practices and enables companies to create innovative and efficient packaging solutions. AI technology in the packaging industry makes the process cost-effective, efficient, and faster. AI can effectively analyse large amounts of data to predict demand patterns, assisting packaging organizations to optimize production schedules and reduce excess inventory. AI-powered discovery assists businesses in adopting eco-friendly and sustainable packaging solutions without compromising performance.

  • The rising population, along with the surge in disposable income, is anticipated to drive the growth of the Asia Pacific packaging market during the forecast period.
  • The Asia Pacific packaging market is majorly driven by the advancement in material science, evolving consumer preferences, and increasing awareness of sustainability trends.
  • The increasing need for durable, versatile, and economical packaging solutions across various industries such as pharmaceuticals, food and beverage, cosmetics, consumer goods, and others is expected to accelerate the market’s revenue during the forecast period.
  • The surging investment in eco-friendly packaging material innovation, along with an increasing government initiative to promote sustainable packaging to reduce environmental footprints, significantly fuels the market’s expansion in the coming years.
  • The surge in cross-border trade is expected to promote the growth of the Asia Pacific packaging market during the forecast period.
  • The increasing focus of businesses on better protection of goods during handling and transportation of electronics, pharmaceuticals, clothing, food & beverage items, and other products is projected to create growth opportunities for the market in the coming years.
  • The rising expansion of the e-commerce sector and organized retail are expected to support the growth of the market during the forecast period.

Market Dynamics

Driver

Increasing Demand for Packaged Goods

The rising demand for packaged goods is expected to boost the growth of the Asia Pacific packaging market during the forecast period. Consumers are increasingly looking for ready-to-eat or easy-to-prepare food items, driven by rapid urbanization, changing lifestyles, and rising consumer preference for convenience. Packaging plays an integral role in protecting products from contamination, spoilage, and damage during handling, storage, and transportation, ensuring better product quality and safety. In addition, rising improvements in packaging technology to meet the evolving consumer preferences are likely to positively impact the market’s growth during the forecast period.

Restraint

Rising Environmental Concerns

The growing environmental concerns, particularly single-use plastics, are anticipated to projected to hamper the market's growth. Several Governments in the Asia Pacific region are implementing stringent regulations to reduce environmental waste in response to public concerns about plastic packaging waste. The widespread use of non-recyclable and non-biodegradable packaging often contributes to pollution in landfills, oceans, and other ecosystems.

Opportunity

How is the Rising Awareness of Sustainability and Supportive Government Guidelines Offering Growth Opportunities to the Market?

The rising awareness of sustainability, along with the supportive government guidelines for eco-friendly packaging solutions, is projected to offer lucrative growth opportunities to the Asia Pacific packaging market in the coming years. The market is experiencing a growing preference for materials that are biodegradable, recyclable, and compostable. Several packaging companies operating in the Asia Pacific region are increasingly adopting sustainable practices in their packaging to meet the evolving consumer expectations and regulatory mandates. Moreover, favourable government regulations and policies, such as subsidies and tax breaks, encourage businesses to adopt eco-friendly packaging solutions to align with circular economy principles.

  • In February 2025, UFlex, India’s largest multinational flexible packaging and solutions company, announced its plan to make investments in India to expand its global footprint and strengthen its commitment to sustainability, aligning with the "Make in India" initiative. The company has invested over Rs 750 crore in Mexico and India, both expected to be operational by 2025-2026. (Source: Chemanalyst)

Segmental Insights

What Makes the Blow Moulding Segment Drive the Market During the Forecast Period?

The blow moulding segment is expected to dominate the packaging market. Blow moulding is one of the integral manufacturing processes in the packaging industry. It finds applications in bottles, containers, drums, and other industrial parts. Blow moulding is most extensively used to create hollow plastic bottles and containers. Blow moulding mostly uses typical materials such as PP, HDPE, and LDPE. Blow moulding is widely adopted in the personal care industry for shampoo and conditioner bottles, jerry cans for the automotive industry, and others.

On the other hand, the digital printing & smart labelling segment is growing at the fastest CAGR, owing to the rising popularity of digital printing and smart labelling technologies in the packaging industry. Digital printing offers on-demand printing, increased efficiency, and customized packaging, catering to unique customer demand. In comparison with traditional printing methods, digital printing significantly reduces the production process and enables faster turnaround times. Smart labelling technologies such as RFID systems, QR or bar codes, and NFC tags, which enable real-time tracking of products throughout the supply chain, enhance product safety, consumer engagement, and prevent counterfeiting by incorporating unique identifiers.

The Plastic Packaging Segment dominated the Market Share in 2024.

The plastic packaging segment accounted for the highest revenue share in 2024, owing to its lightweight, durability, strength, and versatility. Plastic is cost-effective and can be easily molded into various sizes and shapes, making it an attractive option for various industries such as food, beverage, home care, pharmaceuticals, and personal care products, and others, to meet diverse product needs. Additionally, the increasing investment by prominent packaging companies to deliver innovative solutions for better plastic packaging is anticipated to propel the expansion of the segment during the forecast period.

On the other hand, the sustainable/biodegradable packaging segment is expected to grow at a significant rate, owing to the rising environmental concerns in Asia Pacific. Sustainable/biodegradable packaging focuses on the use of packaging solutions that are generally made from materials such as recyclable HDPE or PET plastics, cardboard, paper, and other renewable packaging materials. Sustainable packaging solutions have a minimal environmental impact through the use of recycled, bioplastics, or renewable resources. Bioplastic, particularly polylactic acid (PLA), offers a promising pathway as a sustainable alternative to conventional plastics owing to its biodegradability properties. In the packaging industry, sustainability efforts allow businesses to address several ongoing environmental challenges, which often include climate change, plastic pollution, and exhaustion of resources. Consumers are increasingly preferring biodegradable and sustainable packaging solutions and are even willing to more by replacing traditional fossil-based plastic packaging, which contributes to accumulating pollution levels, posing threats to both human health and ecosystems.

Which Segment Holds the Majority of the Share in the “Packaging Type” Segment?

The flexible packaging dominated the packaging market in 2024, owing to the increasing demand for flexible packaging products across various industries such as the medical and pharmaceutical sectors, food and beverage, personal care, and others. Flexible packaging is generally made from easily yielding materials such as film, plastic, paper, and aluminum foil, which can be easily folded, shaped, and sealed to preserve and protect the integrity of the products. Flexible packaging is widely available in bags, pouches, sachets, and wraps, offering various benefits such as lightweight, versatility, cost-effectiveness, barrier properties, adaptability, durability, ease of use, and the ability to extend product shelf life.

On the other hand, the semi-rigid packaging segment is expected to grow at a notable rate during the forecast period. Semi-rigid packaging offers a perfect balance between flexibility and structure. Semi-rigid packaging solutions maintain their shape but can be bent or compressed under pressure. These packaging solutions are usually lightweight, affordable, and offer an aesthetic appeal, which provides a more refined look than flexible packaging. Semi-rigid packaging is ideal for various applications in pharmaceutical & medical, food, and consumer goods, which include clamshell containers, food trays, yogurt cups, and others. Additionally, the rising disposable incomes, changing lifestyles, and rapid rise of online shopping in countries like China, India, Japan, and other emerging nations in the Asia Pacific region result in spurring the demand for semi-rigid packaging that can withstand handling and shipping.

What Causes the Food & Beverage Segment to dominate the Market?

The food & beverage segment held a dominant presence in the packaging market in 2024, mainly driven by the rapid urbanization, changing lifestyle, increasing disposable incomes, and evolving consumer preferences, which further boost the segment’s growth during the forecast period. Consumers are increasingly preferring convenient packaging options for frozen and ready-to-eat foods and beverages. In addition, the increasing awareness of environmental sustainability and rising regulatory pressure is compelling the food & beverage industry to embrace eco-friendly packaging materials such as plant-based plastics, paper, paperboard, and recyclable materials.

On the other hand, the e-commerce & retail segment is expected to grow at a notable rate. The growth of the segment is driven by the rapid expansion of e-commerce & retail in countries like Japan, India, China, South Korea, and other Southeast Asia countries. Packaging plays a crucial role in offering secure and efficient product delivery, which ultimately enhances the consumer experience. Moreover, e-commerce platforms are increasingly focusing on improving the unboxing experience through customized packaging, which significantly fuels the segment’s growth. In the e-commerce & retail industry, the market has witnessed the increasing adoption of sustainable packaging solutions as an eco-friendly alternative to conventional fossil-based plastics for reducing the environmental carbon footprint.

Country Insights

China held the largest share of the Asia Pacific packaging market in 2024. China has a well-established packaging sector supporting food & beverage, pharmaceuticals & medical, electronics, cosmetics, and consumer goods industries, all are major users of packaging. China's high per capita income and evolving consumer preference for convenience drive the demand for packaged products, especially in retail, e-commerce, and food & beverage. The growth of the country is mainly attributed to the presence of prominent key players, the wide availability of packaging raw materials, rising consumer need for product protection and convenience, rapid advancements in recycling technologies, rapid urbanization, and increasing focus on sustainability.

The packaging industry in China is rapid shift toward biodegradable, recycled, and compostable materials, owing to the rise in regulatory pressures to combat greenhouse gas emissions and meet the consumer preference for sustainable packaging solutions, which is significantly bolstering the country’s market growth in the coming years. Additionally, the continuous research and development efforts by prominent packaging companies to improve packaging properties and expand their applications, making them more efficient, sustainable. And user-friendly packaging solutions.

  • In May 2025, SK Chemicals presented a range of cosmetics packaging at at China Beauty Expo, exhibiting premium skincare product containers manufactured with ECOTRIA CLARO, a copolyester that can be recycled in the PET (polyethylene terephthalate) stream. The material showcased proved to be compatible with a range of cosmetic product containers whilst retaining a high-end, luxury feel. (Source: Interplas Insights)

On the other hand, India is anticipated to grow at the fastest rate in the market during the forecast period. The growth of the country is driven by the rising research and development efforts by key players to improve the properties of packaging, increasing consumer demand for robust protective and convenient packaging solutions, rapid advancements in packaging materials, rising population, increasing sustainability trends, and rising innovations with innovations in materials like air pillows and bubble wrap. The rise in disposable income, changing lifestyle, and rapid urbanization have significantly boosted the demand for packaged foods in the country.

The market is also experiencing an increasing need for robust protective packaging in various end-use industries, including food & beverage, pharmaceuticals, e-commerce, electronics, industrial goods, agriculture, automotive, and others, which is expected to fuel the packaging market’s growth in the country. The rising consumer preference for materials that are recycled, compostable, and biodegradable, fueled by the rising awareness of environmental sustainability. In response, packaging companies in India are increasingly adopting eco-friendly and sustainable packaging practices to meet consumer expectations and government sustainability initiatives, as well as align with circular economy principles.

  • In February 2025, SIG announced its plan to invest around Rs 360 crore in the second phase to increase the capacity of its plant in India. Phase I of SIG has been completed in just 20 months. Its current production capacity at Ahmedabad is 4 billion packs per annum, and with subsequent investments, it has plans to ramp up the annual output to 10 billion packs. (Source: Business Standard)

According to the India Brand Equity Foundation, packaging is currently the fifth-largest sector of the Indian economy. Packaging is among the high-growth industries in India and is developing at the rate of 22 to 25% per annum, and is becoming a preferred hub for the packaging industry. According to current industry data, India has nearly 861 paper mills, 526 of which are operating, with a total installed capacity of 27.15 million tonnes. Almost 4,990 thousand tons of installed capacity are contained in the more than 900 paper units that make up the industry structure. India continues to lead the global paper market, with domestic consumption of packaging paper and paperboard growing at 8.2% in 2023-24. (Source:IBEF)

Asia Pacific Packaging Market Key Players

Asia Pacific Packaging Market Companies

  • Amcor plc
  • Mondi Group
  • Berry Global Group, Inc.
  • Sealed Air Corporation
  • Shanying International Holdings Co Ltd,
  • Xiamen Hexing Packaging Printing Co, Ltd.
  • Tetra Pak
  • SIG Combibloc,
  • Greatview Aseptic Packaging Co., Ltd.
  • Crown Holdings Inc.
  • Ball Corporation
  • Sonoco Products Company
  • Constantia Flexibles
  • Graham Packaging
  • Parksons Packaging
  • Essel Propack Limited
  • Hindustan Tin Works Ltd.
  • Autofits Packaging Private Limited
  • P.R. Packagings Ltd.
  • WestRock

Latest Announcements by Market Leaders

  • In May 2025, Amcor, a global leader in developing and producing responsible packaging solutions, and forestry industry company Metsä Group announced a collaboration to develop three-dimensional molded fiber packaging solutions with lidding and liner for a variety of food applications. The collaboration underscores Amcor and Metsä Group’s commitment to sustainability and innovation by creating recycle-ready packaging solutions. (Source:Food Tech Biz)

Recent Developments

  • Tetra Pak, a Swedish packaging giant, inaugurated its second aseptic carton packaging production line at its Binh Duong facility in Vietnam, marking a €97 million investment that positions the Swedish packaging multinational at the centre of Southeast Asia's rapidly expanding food and beverage sector. The expansion more than doubles the plant's production capacity to over 30 billion packs annually and adds capability for 15 additional packaging formats. (Source: Nationthailand)
  • In June 2025, SCG Packaging Public Company Limited (SCGP), a subsidiary of Thailand's multi-sector giant SCG, announced the acquisition of an additional 30% stake in Duy Tan JSC, becoming the sole owner of the leading producer of rigid plastic packaging products in Vietnam. SCGP aims to expand growth in high-potential domestic markets within the ASEAN region by strengthening its consumer packaging business. (Source: The Investor)

Asia Pacific Packaging Market Segments

By Material Type

  • Plastic Packaging
    • Polyethylene (HDPE, LDPE, LLDPE)
    • Polypropylene (PP)
    • Polyethylene Terephthalate (PET)
    • Polyvinyl Chloride (PVC)
    • Polystyrene (PS)
    • Others
  • Paper & Paperboard
    • Kraft Paper
    • Corrugated Board
    • Folding Carton
    • Liquid Packaging Board
  • Metal Packaging
    • Aluminium Cans (Beverages, Aerosols)
    • Steel Drums & Pails
    • Foils & Lids
  • Glass Packaging
    • Bottles (Alcoholic & Non-Alcoholic Beverages)
    • Jars (Food, Pharma)
    • Vials & Ampoules (Healthcare)
  • Sustainable/Biodegradable Packaging
    • Polylactic Acid (PLA)
    • Bagasse (Sugarcane-based)
    • Paper-Based Laminates & Compostables
    • Mushroom Packaging, Starch-Based Films

By Packaging Type

  • Rigid Packaging
    • Bottles & Jars
    • Cans
    • Boxes
    • Trays & Tubs
  • Flexible Packaging
    • Stand-Up Pouches
    • Roll stock Film
    • Sachets & Stick Packs
    • Wraps & Bags
  • Semi-Rigid Packaging
    • Blister Packs
    • Clamshells
    • Cups & Tubs

By Technology

  • Injection Moulding
  • Blow Moulding
  • Thermoforming
  • Extrusion
  • Digital Printing & Smart Labelling

By Application

  • Food & Beverage
    • Fresh & Frozen Food
    • Dairy & Bakery
    • Snacks & Confectionery
    • Bottled Water & Carbonated Drinks
    • Alcoholic Beverages
    • Others
  • Pharmaceuticals
    • Solid Dose
    • Liquid Dose
    • Injectable
    • Others
  • Personal Care & Cosmetics
    • Tubes
    • Pump Bottles
    • Sachets
    • Others
  • Industrial Packaging
    • Electronics
    • E-commerce & Retail
    • Others

By Country/Subregion

  • China
  • India
  • Japan
  • South Korea
  • Australia & New Zealand
  • Southeast Asia
  • Rest of Asia Pacific
Share With : linkedin twitter facebook
  • Insight Code: 5693
  • No. of Pages: 150
  • Format: PDF/PPT/Excel
  • Last Updated: 16 July 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Yogesh Kulkarni is an experienced Research Analyst specializing in the packaging sector, with a strong foundation in statistical analysis and market intelligence. He currently contributes his expertise to Towards Packaging.

Learn more about Yogesh Kulkarni

Aditi Shivarkar, with 14+ years in packaging market research, specializes in food, beverage, and eco-friendly packaging. She ensures accurate, actionable insights, driving Towards Packaging 's excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

Related Insights

FAQ's

The market is driven by rising urbanization, a booming e-commerce sector, higher disposable incomes, population growth, and sustainability demand. Additionally, rapid technological advancements and investments in eco-friendly packaging materials are accelerating market expansion, particularly in emerging economies like China and India.

China remains the market leader due to its robust industrial base, access to raw materials, and advanced recycling infrastructure. India is projected to grow at the fastest rate, supported by R&D investments, regulatory support, rising consumer demand, and significant government-led industrialization initiatives.

Sustainability is a major trend, with companies investing in biodegradable, compostable, and recyclable materials. Government regulations and shifting consumer preferences are pushing packaging manufacturers to innovate with eco-friendly solutions like PLA, paper-based laminates, and starch-based films, creating long-term competitive advantages.

AI integration, digital printing, smart labelling (QR, RFID, NFC), and automation in production are significantly transforming packaging. These technologies enhance traceability, efficiency, and customization, helping firms reduce waste, optimize production, and improve customer engagement in real-time.

Flexible packaging dominates due to its versatility, light weight, and cost-effectiveness—especially in the food, beverage, and pharmaceutical sectors. Semi-rigid packaging is also gaining traction for its balance of structure and flexibility, ideal for e-commerce and retail logistics.

The food & beverage sector leads with a 43% market share due to growing urban consumption of ready-to-eat products. The e-commerce & retail segment is expanding rapidly, fueled by digital penetration, logistics demand, and consumer preference for secure, branded packaging.

Environmental concerns around single-use plastics and increasing government regulations on waste management pose challenges. Compliance costs and the need to transition to sustainable materials may strain profitability for smaller players not prepared for the shift.

AI enhances packaging by enabling predictive analytics for demand forecasting, quality control, and inventory optimization. It supports data-driven decision-making and facilitates smart packaging innovations that cater to changing consumer behavior and improve operational efficiency.