Us Food and Beverage Plastic Packaging Market Size By End-User, By Applications, By Type, By Deployment & By Technology 2032
Food and Beverage Plastic Packaging Market was valued at USD 320 Billion in 2022 and is projected to reach USD 480 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The United States food and beverage plastic packaging market is undergoing significant transformations, driven by evolving consumer preferences, regulatory changes, and industry consolidation. In 2023, the global plastic packaging market was valued at approximately USD 384.35 billion, with the U.S. contributing a substantial share. Projections indicate a compound annual growth rate (CAGR) of 3.5% from 2024 to 2030, underscoring the market's resilience and adaptability. citeturn0search0
A notable development influencing the U.S. market is the merger between Amcor Plc and Berry Global Group, announced in November 2024. This $8.43 billion all-stock deal aims to create a packaging powerhouse with combined revenues of $24 billion, enhancing capabilities in consumer and healthcare packaging sectors. citeturn0news12 Such consolidation reflects the industry's response to shifting demands and the need for scalable, efficient operations.
Material preferences within the market are also shifting. While polyethylene terephthalate (PET) remains dominant due to its lightweight and transparent properties, accounting for over 33% of the market share in 2023, citeturn0search0 recent policy changes are influencing material choices. In February 2025, President Donald Trump reinstated tariffs on foreign aluminum, leading companies like Coca-Cola to consider increasing their use of plastic packaging to offset rising aluminum costs. citeturn0news13 This policy shift may inadvertently boost demand for plastic packaging solutions.
However, the industry faces challenges, particularly concerning environmental sustainability. Los Angeles County filed a lawsuit against major beverage companies in November 2024, accusing them of misleading consumers about the recyclability of their plastic bottles and the environmental impact of plastic waste. citeturn0news19 This legal action highlights the growing scrutiny on plastic usage and the imperative for companies to adopt more sustainable practices.
Despite these challenges, the U.S. food and beverage plastic packaging market continues to evolve. Companies are investing in innovative solutions, such as biodegradable plastics and recycled materials, to align with environmental goals and consumer expectations. The market's trajectory suggests a dynamic interplay between industry growth, regulatory landscapes, and sustainability initiatives, shaping its future in the coming years.
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Bemis
Sealed Air
Wihuri
Coveris
Lock&Lock
Huhtamaki
Sabert
Printpack
Visy Proprietary
Tupperware
Silgan
Consolidated Container
Reynolds
PakPlast
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Food and Beverage Plastic Packaging Market
Polyethylene (PE)
Polypropylene (PP)
Polyethylene Terephthalate (PET)
Polystyrene (PS)
Polyvinyl Chloride (PVC)
Bottles
Containers
Pouches
Trays
Films
Food Industry
Packaged Food
Snack Foods
Frozen Foods
Beverage Industry
Soft Drinks
Dairy Products
Alcoholic Beverages
Health and Nutrition
Flexible Packaging
Rigid Packaging
Semi-Rigid Packaging
Multi-layer Packaging
Recyclable Packaging
Biodegradable Packaging
Reusable Packaging
Minimalist Packaging
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Food and Beverage Plastic Packaging Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Food and Beverage Plastic Packaging Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Food and Beverage Plastic Packaging Market, By Type
6. Global Food and Beverage Plastic Packaging Market, By Application
7. Global Food and Beverage Plastic Packaging Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Food and Beverage Plastic Packaging Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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