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Plastic containers stand out for being durable and lightweight, while keeping up with everyday needs. With their low-cost, customers should watch out for possible food safety risks linked to certain plastics. Eco-conscious consumers are switching over to recyclable options to curb the ecological impact.
By rapidly gaining popularity, plastic containers are taking over the food & beverage packaging space as they help to maintain shelf life. As consumers pour more money into packaged goods and ready-to-eat products, the demand in this segment is set to accelerate. The growing uptake of packaging in the manufacturing of drugs and medicine has also boosted the growth of the market to a great extent.
The Asia Pacific region held the dominant market share, valued at USD 97.51 billion in 2023. India and China took the lead owing to the expansion of the beverage industry.
In the Middle East & Africa, the market is likely to grow due to growing reliance on packaged water.
According to the report by Fortune Business Insights™, the market for plastic containers stood at USD 207.35 billion in 2023 and is likely to expand from USD 218.04 billion in 2024 to USD 344.79 billion by 2032, with a compound annual growth rate of 5.9% during the study period.
Global packaging leader ALPLA, with operations in 47 countries and 196 production facilities, specializes in custom solutions for industries from cosmetics to engine oils. Producing 1.8 billion preforms annually, the company pursues growth via acquisitions, joint ventures, and innovations. In May 2024, ALPLA launched a recyclable PET wine bottle, eight times lighter than glass, made from 100% rPET, and cutting carbon emissions by up to 50%.
The company is a one of the top plastic container manufacturer, supplying industries ranging from automotive care to healthcare. In September 2021, the company acquired Alpha Consolidated Holdings, which runs 10 facilities across North America and Europe. The acquisition boosts its capabilities and reinforces its position in specialty food markets.
Operating in 40+ countries with 225+ sites, Amcor delivers innovative flexible and rigid packaging for sectors including pet care, food & beverage, personal care, and home care. With sustainability at its core, 100% water management plans, zero waste at 118 sites, and eco-focused e-commerce hubs, the company continues to lead in responsible packaging. In February 2024, the company teamed up with Stonyfield Organic and Cheer Pack North America to debut the first all-PE spouted pouch, combining sustainability with market-first innovation.
Operating in 16 countries, Plastipak Holdings, Inc. specializes in rigid plastic packaging and recycled resin production, with a strong portfolio of 1,500+. Its affiliate Clean tech products produce 100 kilotons of food-grade PET annually in Europe. In May 2024, the company teamed up with Kraft Heinz to shift KRAFT Real Mayo and MIRACLE WHIP containers to 100% recycled PET, advancing global sustainability goals to reduce virgin plastic container usage by 20% by 2030.
With operations spanning North America, Europe, and South America, Graham Packaging specializes in sustainable and customizable packaging for industries including food, home care, dairy, health & nutrition, automotive, and beverage. Leveraging expertise in reusable packaging, barrier technology, EPET, and e-commerce solutions, the company continues to innovate to meet evolving market and environmental demands.
Berry Global Inc., a leading provider of flexible, rigid, and non-woven packaging solutions, serves personal care, healthcare, and food & beverage sectors. With 303 production sites across North America, South America, and Asia Pacific, the company combines global reach with deep industry expertise to deliver innovative, high-quality products.
Greiner Packaging GmbH, a division of Greiner AG, delivers innovative packaging and assemblies through 32 facilities in 19 countries globally. A prominent player in Europe’s food and non-food packaging markets, the corporation emphasizes on both conventional and sustainable solutions. In July 2022, it launched a premium Tritan drink bottle with a unique closure that keeps carbonated beverages fresh and leak-free.
The company partners with major global brands such as Johnson and Johnson, Yum, Nestle, Unilever, Coca-Cola, PepsiCo, and Danone. Using resins such as PET and PP, the company delivers a diverse packaging portfolio supported by strong industry applications.
Visy, a leading name in packaging and recycling solutions, operates 120 facilities in Thailand, Australia, and New Zealand, with trading offices across Europe and Asia. Offering solutions from fiber packaging to point-of-sale displays, the company processes 40% of Australia’s kerbside recycling and plans to invest USD 2 billion over the next ten years to expand its application.
A subsidiary of Crown Packaging International, Polycon Industries Inc., is involved in the manufacturing and sales of plastic bottles and containers, and serves various industries such as beverage, food, healthcare, agriculture, and chemical. Polycon Industries uses materials such as LDPE, PVC, Polystyrene, Polypropylene, PET, and HDPE to manufacture plastic containers.
K.W. Plastics is a leading recycler of HDPE and a major supplier of paint and coatings containers units. With four U.S. plants and more than 453.6 KT of annual extruder capacity, the company supports industries from automotive to flexible packaging.
Plastic containers reflect human innovation, offering durability, affordability, and convenience. Yet, they also highlight the environmental and health costs of material choices. As awareness grows, the industry faces pressure to reduce reliance on single-use plastics and adopt safer, sustainable alternatives such as glass, silicone, and recycled materials. Consumer demand for convenience is expected to keep plastic relevant, but mindful production, responsible consumption, and innovation in eco-friendly designs are essential. By balancing performance with sustainability, businesses and consumers alike can ensure packaging solutions that protect both the product and the planet, fostering a more responsible and resilient future.
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