Industry Statistics and Trends
Market size and recent performance (2015-2030)
Industry revenue has grown at a CAGR of 2.9 % over the past five years, to reach an estimated $883.3bn in 2025.
Trends and Insights
Trade uncertainty due to tariffs are expected to factor into industry growth
- Trade wars and tariffs create significant uncertainty for companies supplying plastic products, especially those involved in export or reliant on international supply chains. The key players in these conflicts are the United States, Mexico, Canada, and China. With the US imposing tariffs on various goods, its trading partners have responded with retaliatory measures. These actions have direct impacts, putting pressure on plastic manufacturers who must adapt swiftly to changing costs.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2025-2030)
Market size is projected to grow over the next five years.
Trends and Insights
E-commerce growth is expected to continue to drive demand
- The rise of e-commerce continues to significantly impact the demand for plastic packaging, especially in the food, beverage, and consumer goods sectors. Increased online shopping necessitates packaging solutions that are durable enough to protect products during transport. However, there is also a growing imperative to develop sustainable packaging that addresses environmental concerns. This dual demand challenges manufacturers to innovate in materials and processes to meet both performance and ecological standards.
Biggest companies in the Global Plastic Product & Packaging Manufacturing
| Company | Market Share (%)
2025 | Revenue ($m)
2025 | Profit ($m)
2025 | Profit Margin (%)
2025 |
|---|---|---|---|---|
Evonik Industries AG | 3,496.5 | N/A | N/A |
To view the market share and analysis for all 1 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Plastic containers and packaging products, Miscellaneous plastic products and Intermediate and other plastic goods. Plastic containers and packaging products is the largest segment of the Global Plastic Product & Packaging Manufacturing.
Trends and Insights
Plastic containers and packaging products have become more environmentally friendly
- The plastic container industry encompasses two primary segments: conventional and custom containers. Conventional plastic containers are produced in large volumes and mainly serve the beverage industry, while custom containers are designed with specific attributes such as heat resistance and air tightness, catering to specialized needs. These differentiated products meet diverse market demands, reflecting the global plastic parts industry's capacity to adapt to varying consumer and business requirements.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Enterprises in the Global Plastic Product and Packaging Manufacturing industry manufacture a variety of plastic goods, including plastic building materials, products used to package food and beverages and plastic products used to manufacture furniture and other durable goods. Companies that manufacture foam products, such as those used in automotive manufacturing and insulation for housing, are also included in this industry.
What's included in this industry?
Plastic containers and packaging productsMiscellaneous plastic productsIntermediate and other plastic goodsCompanies
Evonik Industries AGPurchase this report to view all 1 major companies in this industry.
Related Terms
PLASTICRESINPOLYMERPOLYETHYLENE TEREPHTHALATE (PET)EXTRUSIONPerformance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Trade uncertainty due to tariffs poses a risk to the plastics industry. Companies will have to adapt to any disruptions, passing potentially higher costs to consumers or real...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2015-2024) and forecast (2025-2030)
- Employees, including historical (2015-2024) and forecast (2025-2030)
- Businesses, including historical (2015-2024) and forecast (2025-2030)
- Profit, including historical (2015-2025)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
New technological advances are making it possible to manufacture plastic containers and packaging products that are lighter, stronger, and more durable. This has led to the d...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2025
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2025
- Major market segmentation in 2025
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Plastic product and packaging manufacturers need access to raw materials, like petroleum, natural gas, and other chemicals, to produce their products. Therefore, manufacturer...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2025
Tables
- Number and share of establishments in each region in 2025
- Number and share of revenue each region accounts for in 2025
- Number and share of wages each region accounts for in 2025
- Number and share of employees in each region in 2025
Detailed analysis
- Business Locations Charts
- Share of global output by region in 2025
- Share of population compared to output in each region in 2025
- Data tables
- Share of global output by region in 2025
- Detailed analysis
- Geographic spread of the industry across Global, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
The cost of producing plastic products and packaging is a significant factor in determining competition within the industry. Companies that can produce products at a lower co...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2020-2025
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
SABIC has expanded its production capacity for certain plastic products, like polypropylene and polyethylene, to meet growing demand from customers.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2021 through 2025
- Major companies in the industry, including market share, revenue, profit and profit margin in 2025
- Overview of Evonik Industries AG's performance by revenue, market share and profit margin from 2019 through 2025
Detailed analysis
- Description and key data for Evonik Industries AG, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Regulations surrounding the manufacturing of plastic products have expanded in recent years. Numerous countries have implemented policies aimed at curbing climate change and ...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2015-2030)
- Assistance historical data and forecast (2015-2030)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
The price of raw materials used in plastic product and packaging manufacturing, like petroleum, can significantly impact profitability. Fluctuations in these prices can make ...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2015-2030)
- Revenue per Employee (2015-2030)
- Revenue per Enterprise (2015-2030)
- Employees per Establishment (2015-2030)
- Employees per Enterprise (2015-2030)
- Average Wage (2015-2030)
- Wages/Revenue (2015-2030)
- Establishments per Enterprise (2015-2030)
- IVA/Revenue (2015-2030)
- Imports/Demand (2015-2030)
- Exports/Revenue (2015-2030)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2015-2030)
- IVA (2015-2030)
- Establishments (2015-2030)
- Enterprises (2015-2030)
- Employment (2015-2030)
- Exports (2015-2030)
- Imports (2015-2030)
- Wages (2015-2030)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Global Plastic Product & Packaging Manufacturing industry in Global in 2025?
The market size of the Global Plastic Product & Packaging Manufacturing industry in Global is $883.3bn in 2025.
How many businesses are there in the Global Plastic Product & Packaging Manufacturing industry in 2025?
There are 119k businesses in the Global Plastic Product & Packaging Manufacturing industry in Global, which has declined at a CAGR of 0.4 % between 2020 and 2025.
Has the Global Plastic Product & Packaging Manufacturing industry in Global grown or declined over the past 5 years?
The market size of the Global Plastic Product & Packaging Manufacturing industry in Global has been growing at a CAGR of 2.9 % between 2020 and 2025.
What is the forecast growth of the Global Plastic Product & Packaging Manufacturing industry in Global over the next 5 years?
Over the next five years, the Global Plastic Product & Packaging Manufacturing industry in Global is expected to grow.
What are the biggest companies in the Global Plastic Product & Packaging Manufacturing market in Global?
The biggest company operating in the Global Plastic Product & Packaging Manufacturing market in Global is Evonik Industries AG
What does the Global Plastic Product & Packaging Manufacturing in Global include?
Plastic containers and packaging products and Miscellaneous plastic products are part of the Global Plastic Product & Packaging Manufacturing industry.
Which companies have the highest market share in the Global Plastic Product & Packaging Manufacturing in Global?
The company holding the most market share in Global is Evonik Industries AG.
How competitive is the Global Plastic Product & Packaging Manufacturing industry in Global?
The level of competition is high and increasing in the Global Plastic Product & Packaging Manufacturing industry in Global.
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Methodology
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Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources globally include:
- United Nations Comtrade
- Organization for Economic Cooperation & Development
- World Bank
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
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- Industry and trade associations
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- Major industry players annual or quarterly filings
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