Asia Pacific Plastic Packaging Market Size and Share

Asia Pacific Plastic Packaging Market (2025 - 2030)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
View Global Report

Asia Pacific Plastic Packaging Market Analysis by Mordor Intelligence

The Asia-Pacific plastic packaging market size stood at USD 209.13 billion in 2025 and is projected to advance to USD 262.06 billion by 2030, reflecting a 4.62% CAGR. Robust e-commerce growth, shifting consumer preferences, and escalating sustainability mandates underpin demand for cost-efficient, lightweight formats that protect products across complex logistics networks. Regulatory programs such as Thailand’s Extended Producer Responsibility (EPR) Phase 2 accelerate the pivot from multi-layer laminates to mono-material structures, stimulating rapid design innovation. Polyethylene retained leadership with 38.65% share in 2024, while bottle-to-bottle recycling investments propelled Polyethylene Terephthalate (PET) to the fastest 5.32% CAGR through 2030. Flexible solutions captured 54.86% share as pouches and sachets met portion-control and refill initiatives, whereas thermoforming emerged as the quickest-growing process at 5.62% CAGR, reflecting a shift toward precise, thin-wall applications for healthcare and premium food packs.

Key Report Takeaways

  • By material type, polyethylene led with 38.65% of Asia-Pacific plastic packaging market share in 2024; PET is forecast to expand at a 5.32% CAGR through 2030.
  • By packaging type, flexible formats commanded 54.86% share of the Asia-Pacific plastic packaging market size in 2024 and are projected to grow at 6.75% CAGR to 2030.
  • By product form, pouches and sachets held 34.32% share of the Asia-Pacific plastic packaging market size in 2024, while films and wraps post the highest 5.93% CAGR through 2030.
  • By end-user industry, food accounted for 28.45% of the Asia-Pacific plastic packaging market size in 2024; cosmetics and personal care is advancing at a 6.01% CAGR to 2030.
  • By manufacturing process, extrusion held 27.43% share of the Asia-Pacific plastic packaging market size in 2024, whereas thermoforming records the quickest 5.62% CAGR through 2030.
  • By geography, China held 22.46% Asia-Pacific plastic packaging market share in 2024; India delivers the fastest 7.90% CAGR through 2030.

Segment Analysis

By Material Type: PE Dominance Faces PET Innovation Challenge

Polyethylene held 38.65% Asia-Pacific plastic packaging market share in 2024 through cost-effective versatility across films, bottles, and closures. PET is marching at 5.32% CAGR, buoyed by enzymatic depolymerization partnerships such as Wankai–Carbios targeting 50,000 t/y rPET output in China. PET’s hot-fill capable bottles displace glass in condiments, improving logistics safety and carbon footprints. Polypropylene sustains niches demanding high-heat tolerance, while biodegradable polymers and paper laminates secure premium, regulation-driven slots armed with ISO 17088 certifications.

Continued PE price competitiveness keeps legacy lines running, yet EPR-driven design shifts favor PET mono-material loops thanks to bottle-to-bottle infrastructure. Oxygen-scavenging additives enhance PET’s barrier, and bottle flake supply closes as brand recycled-content pledges trigger Tender-based purchasing. PE producers explore high-density grades blended with metallized strip layers to protect aroma-sensitive goods, seeking parity with PET while safeguarding recyclability.

Asia Pacific Plastic Packaging Market: Market Share by Material Type
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Packaging Type: Flexible Solutions Drive Innovation

Flexible formats commanded 54.86% Asia-Pacific plastic packaging market size in 2024, scaling at 6.75% CAGR as converters strip weight and move toward mono-material laminates per Huhtamaki India’s Design for Recycling Guidance. Eliminating aluminum foil and PVC additives unlocks mechanical recycling streams. Rigid containers remain essential for carbonated beverages and personal-care pumps where dimensional accuracy and impact resistance outweigh material-use advantage.

Consumer gravitation to on-the-go snacks and home-delivery meals boosts stand-up pouch volumes, while rigid HDPE bottles gain traction in refill stations supporting controlled reuse cycles. Brand owners pilot QR-enabled pouches that direct consumers to collection points, closing data gaps on post-use material flow. Parallel investment in delamination tech aims to salvage high-value barrier layers, offering flexible packs a path toward parity with bottle recycling rates.

By Product Form: Pouches Lead Sustainability Transition

Pouches and sachets held 34.32% share in 2024, leveraging spouted-pouch sealing breakthroughs like Dukane’s SynQro ultrasonic technology that cuts energy by up to 80% and enables mono-material PE. Films and wraps head growth at 5.93% CAGR as stretch and shrink applications replace corrugated secondary packaging, trimming freight inputs.

Trays serving chilled ready meals deploy PET/PE lidding with antifog coatings, securing shelf appeal. Caps and closures evolve via Origin Materials’ thermoformed PET cap system, allowing bottle-to-bottle recycling and maintaining high-speed line throughput. Bulk bags and FFS sacks in agriculture adopt woven-PP upgrade paths to withstand harsher supply-chain vibrations.

By End-User Industry: Cosmetics Growth Challenges Food Dominance

Food retained 28.45% Asia-Pacific plastic packaging market size in 2024, driven by barrier packs curbing spoilage across extended ambient routes. The cosmetics and personal-care vertical, however, is rising at 6.01% CAGR as refillable jars and PCR-content bottles resonate with millennial and Gen Z purchasers. Kao and C.P. Group’s 2024 MOU showcases bespoke closed-loop solutions for local skincare lines.

Beverage brands push lightweight neck finishes in PET, shaving grams without compromising carbonation. Pharma expansion in India spurs blister and IV-bag demand meeting U.S. and EU audit criteria, while chemical suppliers to auto and electronics specify antistatic films guaranteeing parts integrity.

Asia Pacific Plastic Packaging Market: Market Share by End-User Industry
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Manufacturing Process: Thermoforming Innovation Accelerates

Extrusion sustained 27.43% Asia-Pacific plastic packaging market size in 2024 owing to high-volume film, sheet, and bottle output, but thermoforming’s 5.62% CAGR underscores migration to intricate, thin-wall geometry packs. TotalEnergies’ 2025 collaboration with SML illustrates edge-trim-free roll-stack lines marrying recyclable materials with energy-efficient heaters.

Injection molding continues in closure systems requiring dimensional rigor, yet hybrid thermo-injection cells cut cycle times for yogurt cups bearing in-mold labels. Blow molding benefits from AI temperature feedback loops, maintaining wall uniformity while trimming regrind rates.

Geography Analysis

China held 22.46% Asia-Pacific plastic packaging market share in 2024, anchored by vast resin capacity and export-oriented converting clusters. Domestic EPR deadlines spur mono-material design adoption and chemical-recycling pilots within Sinopec and CNPC complexes. Belt-and-Road projects open new outlets for converters supplying dairy and snack brands expanding into Central Asia.

India grows fastest at 7.90% CAGR, energized by formal retail expansion and robust pharmaceutical exports. Mold-Tek’s multi-state capacity additions illustrate domestic players scaling automation to satisfy compliance audits for regulated markets. Waste-management rules press brands to collect multilayer films, stimulating alliances with recyclers piloting delamination.

Japan and South Korea spearhead R&D in biodegradable PBS and enhanced-barrier nylon. Government grants earmarked through 2028 sponsor lab-to-scale transitions, and regional suppliers license tech to ASEAN partners. Australia sets recyclability design standards mirrored by multinationals across Oceania supply chains.

The rest of Asia-Pacific, including Indonesia, Philippines, and Vietnam, leverages cost advantages to attract investment in pouch and sachet lines serving local food staples and beauty refill models. Green-bond frameworks in Singapore and Malaysia finance rPET pelletizing plants, expanding feedstock for global brand recycled-content pledges.

Competitive Landscape

The Asia-Pacific plastic packaging market is moderately fragmented. Novolex’s USD 6.7 billion merger with Pactiv Evergreen enlarges a cross-regional footprint spanning bags, wraps, and rigid containers, presenting integration playbooks likely to replicate in Asia.[3]Novolex, “Completion of Combination with Pactiv Evergreen,” NOVOLEX.COM Amcor channels green-bond proceeds toward high-barrier, recycle-ready AmFiber lines, reinforcing premium share. Huhtamaki India’s recycling design handbook positions the firm as a knowledge partner to local FMCG brands implementing EPR scorecards.

Emergent disruptors target circularity gaps: Beyond Plastic explores fermentation-based PHA caps addressing ocean-leakage concerns. Amandina Bumi Nusantara’s SNI-approved food-grade rPET signals Southeast Asia’s ascent in closed-loop feedstock. Converter margins hinge on resin hedging and automation; AI deployment in converting lines tilts competitiveness toward capital-rich operators.

Asia Pacific Plastic Packaging Industry Leaders

  1. Amcor plc

  2. Mondi plc

  3. Sonoco Products Company

  4. International Paper Company

  5. Sealed Air Corporation

  6. *Disclaimer: Major Players sorted in no particular order
APAC Plastic Packaging Market  Concentration
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • May 2025: Novolex and Pactiv Evergreen completed a USD 6.7 billion combination, expanding footprints in food and specialty packaging.
  • April 2025: Aoki Technical Laboratory debuted Direct Heatcon AI-optimized stretch-blow molding at Chinaplas 2025.
  • March 2025: UFlex allotted INR 317 crore (USD 38 million) for two recycling plants in Noida.
  • February 2025: Origin Materials launched commercial thermoformed PET caps at Reed City Group.

Table of Contents for Asia Pacific Plastic Packaging Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 E-commerce boom demanding lightweight, damage-resistant packs
    • 4.2.2 Growing organised retail and convenience-food penetration
    • 4.2.3 Shelf-life extension via advanced barrier films
    • 4.2.4 Sachet-to-Refill” transition programmes in ASEAN
    • 4.2.5 AI-enabled converting lines boosting small-lot customisation
    • 4.2.6 Corporate green-bond funding tied to recycled-content KPIs
  • 4.3 Market Restraints
    • 4.3.1 Escalating single-use-plastic bans and EPR fees
    • 4.3.2 Volatile crude-linked resin prices
    • 4.3.3 PE and PP structural oversupply depressing converter margins
    • 4.3.4 Traceability gaps limiting rPET food-grade uptake
  • 4.4 Industry Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitute Products
    • 4.7.5 Intensity of Competitive Rivalry
  • 4.8 Impact of Macroeconomic Factors on the Market

5. MARKET SIZE AND GROWTH FORECASTS(VALUE)

  • 5.1 By Material Type
    • 5.1.1 Polyethylene (PE)
    • 5.1.2 Polypropylene (PP)
    • 5.1.3 Polyethylene Terephthalate (PET)
    • 5.1.4 Polystyrene and EPS
    • 5.1.5 Other Material Types
  • 5.2 By Packaging Type
    • 5.2.1 Flexible Plastic Packaging
    • 5.2.2 Rigid Plastic Packaging
  • 5.3 By Product Form
    • 5.3.1 Bottles and Jars
    • 5.3.2 Trays and Containers
    • 5.3.3 Pouches and Sachets
    • 5.3.4 Bags and Sacks
    • 5.3.5 Films and Wraps
    • 5.3.6 Other Product Forms
  • 5.4 By End-User Industry
    • 5.4.1 Food
    • 5.4.2 Beverage
    • 5.4.3 Pharmaceuticals and Healthcare
    • 5.4.4 Cosmetics and Personal Care
    • 5.4.5 Industrial
    • 5.4.6 Other End-user Industries
  • 5.5 By Manufacturing Process
    • 5.5.1 Extrusion
    • 5.5.2 Injection Molding
    • 5.5.3 Blow Molding
    • 5.5.4 Thermoforming
  • 5.6 By Country
    • 5.6.1 China
    • 5.6.2 India
    • 5.6.3 Japan
    • 5.6.4 South Korea
    • 5.6.5 Australia
    • 5.6.6 Rest of Asia Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves and Investments
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Amcor plc
    • 6.4.2 Mondi plc
    • 6.4.3 Sonoco Products Company
    • 6.4.4 International Paper Company
    • 6.4.5 Sealed Air Corporation
    • 6.4.6 Huhtamaki Oyj
    • 6.4.7 ALPLA-Werke Alwin Lehner GmbH and Co KG
    • 6.4.8 Uflex Ltd.
    • 6.4.9 Plastipak Holdings Inc.
    • 6.4.10 Pactiv Evergreen Inc.
    • 6.4.11 Winpak Ltd.
    • 6.4.12 Toyo Seikan Group Holdings Ltd.
    • 6.4.13 Nihon Yamamura Glass Co., Ltd.
    • 6.4.14 Manjushree Technopack Ltd.
    • 6.4.15 Time Technoplast Ltd.
    • 6.4.16 Greif Inc.
    • 6.4.17 IFCO Systems GmbH
    • 6.4.18 Dynapack Asia Sdn Bhd
    • 6.4.19 Cheng Loong Corp.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-Space and Unmet-Need Assessment
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Asia Pacific Plastic Packaging Market Report Scope

Plastics are used in packaging materials, such as food, beverage, and oil. Plastics are used mainly because of their performance, cost-effectiveness, and durability. Plastics can be of different grades and different material combinations based on the type of product being packed, like polyethylene, polypropylene, polyvinyl chloride, etc.

The market study tracks the demand for plastic packaging through the revenue derived from selling rigid and flexible plastic packaging products. The study also follows the effects of regulations and market drivers on growth and factors hindering the market growth. Asia-Pacific Plastic Packaging Market is segmented by type (rigid plastic packaging and flexible plastic packaging ), material (Bi-orientated Polypropylene (BOPP), Cast Polypropylene (CPP), Ethylene Vinyl Alcohol (EVOH), Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS) and Expanded Polystyrene (EPS), Polyvinyl Chloride (PVC), and other materials), product (bottles and jars, trays and containers, pouches, bags, films & wraps, and other products), end-user industry (food, beverage, healthcare, cosmetics and personal care, and other end-use industries) and country (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific).

The market sizes and projections are USD for all the mentioned segments.

By Material Type
Polyethylene (PE)
Polypropylene (PP)
Polyethylene Terephthalate (PET)
Polystyrene and EPS
Other Material Types
By Packaging Type
Flexible Plastic Packaging
Rigid Plastic Packaging
By Product Form
Bottles and Jars
Trays and Containers
Pouches and Sachets
Bags and Sacks
Films and Wraps
Other Product Forms
By End-User Industry
Food
Beverage
Pharmaceuticals and Healthcare
Cosmetics and Personal Care
Industrial
Other End-user Industries
By Manufacturing Process
Extrusion
Injection Molding
Blow Molding
Thermoforming
By Country
China
India
Japan
South Korea
Australia
Rest of Asia Pacific
By Material Type Polyethylene (PE)
Polypropylene (PP)
Polyethylene Terephthalate (PET)
Polystyrene and EPS
Other Material Types
By Packaging Type Flexible Plastic Packaging
Rigid Plastic Packaging
By Product Form Bottles and Jars
Trays and Containers
Pouches and Sachets
Bags and Sacks
Films and Wraps
Other Product Forms
By End-User Industry Food
Beverage
Pharmaceuticals and Healthcare
Cosmetics and Personal Care
Industrial
Other End-user Industries
By Manufacturing Process Extrusion
Injection Molding
Blow Molding
Thermoforming
By Country China
India
Japan
South Korea
Australia
Rest of Asia Pacific
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

How large is the Asia-Pacific plastic packaging market in 2025?

The region generated USD 209.13 billion in 2025.

What is the projected CAGR for Asia-Pacific plastic packaging to 2030?

The market is forecast to advance at 4.62% CAGR.

Which material is growing fastest in Asia-Pacific plastic packaging?

PET leads with a projected 5.32% CAGR, driven by recycling infrastructure.

Why are flexible packs expanding quickly in Asia-Pacific?

Mono-material pouches and film weight savings align with EPR mandates and e-commerce logistics.

Which country will deliver the highest growth through 2030?

India is expected to post a 7.90% CAGR on organized retail and pharma expansion.

Page last updated on:

Asia Pacific Plastic Packaging Report Snapshots