
Report ID: SQMIG15A2503
Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to plastic container market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.
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Global Plastic Container Market size was valued at USD 41.30 Billion in 2023 poised to grow from USD 43.11 Billion in 2024 to USD 60.75 Billion by 2032, growing at a CAGR of 4.38% in the forecast period (2025-2032).
The global plastic container market is fiercely competitive with major companies concentrating on innovation, sustainability, and cost-effective production. The leading companies in the market are Amcor, Berry Global, Sealed Air, RPC Group, and Plastipak Packaging. As increasing consumer demand for eco-friendly products is propelling significant investments in sustainable packaging solutions such as recyclable and biodegradable plastics, these companies are mentioned to have made investment efforts in sustainable packaging solutions. Strategic mergers and acquisitions have also been familiar to companies as they seek their advantage in entering wider horizons and further enhancing their product offerings. 'Amcor (Australia)', 'Berry Global (USA)', 'Sealed Air (USA)', 'RPC Group (United Kingdom)', 'Plastipak Packaging (USA)', 'Mondi Group (Austria)', 'ALPLA (Austria)', 'Sidel (France)', 'Schoeller Allibert (Netherlands)', 'Greiner Packaging (Austria)', 'Krones AG (Germany)', 'Huhtamaki (Finland)', 'Silgan Containers (USA)', 'Sonoco Products Company (USA)', 'Tetra Pak (Sweden)'
The increasing use of packaged goods, especially due to migration into cities and change in lifestyles, is a major factor contributing to the global plastic container market growth. Plastic containers have become a preferred medium for foods, drinks, and personal care products among consumers as they are lightweight, strong, and convenient. That further encourages continuous consistent market growth worldwide.
Shift Towards Sustainable Packaging Solutions: The global plastic container market trends are experiencing huge changes toward sustainable packaging with consumers demanding eco-friendly products. To mention a few, several companies have invested so much in biodegradable, recyclable, and reusable materials, both to reduce pollution and conform to environmental regulations, thus increasing marketability and reputation.
North America dominates the global plastic container market due to its advanced manufacturing infrastructure, high consumption of packaged goods, and strong presence of key industries like food, beverages, pharmaceuticals, and personal care. In this region, innovation swells and the development led to the emergence of newer plastic containers that are lightweight, durable, and sustainable. The creation of eco-friendly packaging is becoming an increasing consumer demand line. Recycling and biodegradable plastics are also being governed by stringent regulatory frameworks, contributing further to market growth. Lastly, the on-the-go, busy lifestyle, along with global e-commerce, also creates the need for convenient yet reliable packaging and that will make North America one of the most dominant regions in this competitive landscape.
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Report ID: SQMIG15A2503
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