Global plastic container market to reach USD 189.22-billion by 2034

Plastic containers are in demand because of how adaptable they are. The containers are used to transport industrial components, dangerous chemicals, and perishable goods. In addition, they offer protection against exposure to chemicals, moisture, UV rays, and physical harm. 

In 2024, polyethylene terephthalate (PET), used to make food containers, cleaning product packaging, and beverage bottles, became the most popular material in the market for plastic containers. 

Additionally, high-density polyethylene (HDPE) is widely utilised in jobs requiring durability and temperature stability. Its high melting point and structure make it appropriate for a range of industrial applications. HDPE supports efforts for sustainable packaging and is readily recyclable.  

The use of in-mould labelling (IML) is growing in domestic and international markets as the moulding techniques are becoming increasingly automated. The procedure is sustainable and improves the strength and aesthetic appeal of plastic containers. 

IML containers are used primarily in industries including food, beverages, cosmetics, and household goods. Projections indicate that IML will influence plastic packaging in the future as customer preferences shift towards sustainable alternatives. 

Furthermore, the beverage industry dominated the plastic container market in 2024. The growing popularity of functional and healthy drinks like kombuchas and protein shakes necessitates packaging that is convenient and protects product quality. Plastic bottles remain a popular choice, and companies are incorporating recycled materials, such as recycled PET (rPET), and are exploring sustainable alternatives to meet sustainability demands.

The Asia Pacific region emerged as the area with the highest production and use of plastic containers. Economic expansion and urbanisation in the region have resulted in increased demand for packaged goods, particularly in the food industry.

However, the use and production of plastic and plastic containers pose challenges, especially in waste management infrastructure. Plastic waste is a leading contributor to land and marine pollution, and many regions lack adequate mechanisms to manage plastic waste. Coastal populations, which heavily rely on marine resources, are especially vulnerable. 

Discarded plastic waste leads to growing pollution problems; plastic waste pollutes waterways and metropolitan areas, endangering marine life and human health. Ocean ecosystems suffer as plastic waste degrades into microplastics, which enter the food chain and contaminate habitats. 

In addition, plastic waste influences natural ecosystems such as forests and wetlands, as well as communities living near landfills and dumpsites. These environmental hazards have resulted in calls for responsible plastic use and waste management.