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.
Asia Pacific Plastic Packaging Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| E-commerce boom demanding lightweight, damage-resistant packs | +1.2% | ASEAN core, India, China urban centers | Short term (≤ 2 years) |
| Growing organised retail and convenience-food penetration | +0.8% | India, Vietnam, Philippines, Indonesia | Medium term (2-4 years) |
| Shelf-life extension via advanced barrier films | +0.6% | Japan, South Korea | Long term (≥ 4 years) |
| Sachet-to-refill transition programs in ASEAN | +0.4% | Thailand, Malaysia, Indonesia, Philippines | Medium term (2-4 years) |
| AI-enabled converting lines boosting small-lot customization | +0.5% | Japan, South Korea, Singapore, China Tier-1 cities | Long term (≥ 4 years) |
| Corporate green-bond funding tied to recycled-content KPIs | +0.3% | Australia, Japan, multinational operations | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
E-commerce boom demanding lightweight, damage-resistant packs
Rapid parcel growth obliges converters to engineer packaging that survives multiple handling points without inflating freight costs. Beverage producers in Thailand adopted label-free PET bottles during 2024 to facilitate automated sortation in fulfillment centers. Nanoclay-enhanced barrier films enable 30–50% weight reduction versus conventionally laminated formats, lowering material outlay while retaining integrity. Specialized PE and PP grades with superior impact resistance now dominate electronics shipments, whereas platform operators publish stringent drop-test standards that favor suppliers offering proven compression strength.
Growing organised retail and convenience-food penetration
Expansion of modern trade in India, Vietnam, and Indonesia lifts demand for shelf-stable, aesthetic packs calibrated for fluorescent store lighting. Vietnam’s pharmaceutical investments by SK Group and Samil Pharmaceutical illustrate how formal retail elevates packaging standardization.[1]Vietnam Ministry of Health, “Pharmaceutical Sector Development,” MOH.GOV.VN High-barrier BOPP and metallized BOPET films replace foil, ensuring oxygen and moisture defense while improving recyclability. Portion-controlled dairy and ready meals benefit from cold-chain compatible laminates, and consolidated retailers enable converters to spread fixed costs across larger order volumes.
Shelf-life extension via advanced barrier films
Japan’s 2025 positive list for food-contact materials caps migratory limits and spurs development of multi-layer structures using EVOH and specialty nylons that drive oxygen transmission below 0.1 cc/m²/day. Active packaging incorporating oxygen scavengers pushes ambient shelf life for products formerly chilled, trimming energy expenses. Pharmaceutical blister manufacturers leverage similar chemistries to guarantee label adhesion during elongated storage while meeting serialization mandates.
Sachet-to-refill transition programs in ASEAN
Thailand’s EPR Phase 2 rewards brands for refill-compatible designs, accelerating mono-material PE pouch adoption that eases mechanical recycling. Refill stations in modern trade reduce single-use resin volumes, and reverse-logistics pilots prove economically viable at city scale. Producers coordinate supply chains to manage pouch collection, cleaning, and re-deployment, directing investment toward consumer engagement and tracking platforms that verify plastic-reduction targets.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Escalating single-use-plastic bans and EPR fees | -0.9% | EU spillover to ASEAN, Australia, Japan | Short term (≤ 2 years) |
| Volatile crude-linked resin prices | -0.7% | Global, acute in import-dependent markets | Short term (≤ 2 years) |
| PE and PP structural oversupply depressing converter margins | -0.5% | China, India manufacturing hubs | Medium term (2-4 years) |
| Traceability gaps limiting rPET food-grade uptake | -0.3% | Developing markets | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Escalating single-use-plastic bans and EPR fees
Singapore’s beverage-container deposit scheme launching in 2026 imposes a USD 0.10 levy per unit, inflating pack costs and re-routing consumer demand toward refill options. Differing EPR fee structures across ASEAN complicate harmonized pack designs and spur compliant firms to absorb higher resin substitution and testing expenses, squeezing margins versus unregulated competitors.
Volatile crude-linked resin prices
Spot propylene touched USD 1,200/ton in 2024, whittling converter profit where customer contracts fix prices for up to six months.[2]Asian Petrochemical Industry Association, “Propylene Price Analysis,” APIC.ORG Geopolitical supply shocks and refinery turnarounds increase hedging complexity, while currency swings amplify cost swings in import-dependent economies. Emerging bio-based PE and PP add new price variables, challenging procurement strategies.
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.
Note: Segment shares of all individual segments available upon report purchase
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.
Note: Segment shares of all individual segments available upon report purchase
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
-
Amcor plc
-
Mondi plc
-
Sonoco Products Company
-
International Paper Company
-
Sealed Air Corporation
- *Disclaimer: Major Players sorted in no particular order
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.
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.
| Polyethylene (PE) |
| Polypropylene (PP) |
| Polyethylene Terephthalate (PET) |
| Polystyrene and EPS |
| Other Material Types |
| Flexible Plastic Packaging |
| Rigid Plastic Packaging |
| Bottles and Jars |
| Trays and Containers |
| Pouches and Sachets |
| Bags and Sacks |
| Films and Wraps |
| Other Product Forms |
| Food |
| Beverage |
| Pharmaceuticals and Healthcare |
| Cosmetics and Personal Care |
| Industrial |
| Other End-user Industries |
| Extrusion |
| Injection Molding |
| Blow Molding |
| Thermoforming |
| 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 |
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: