Plastic Bottles and Containers Market With US Tariff Impact

Updated · May 16, 2025

Market.us News, we strive to bring you the most accurate and up-to-date information by utilizing a variety of resources, including paid and free sources, primary research, and phone interviews. Learn more.

Table of Contents

Overview
US Tariff Impact on Market
Key Takeaways
Report Scope
Key Market Segments
Regional Analysis
Top Use Cases
Recent Developments
Conclusion

Overview

New York, NY – May 16, 2025 – The global Plastic Bottles and Containers Market is growing fast, with demand driven by their lightweight, durable, and cost-effective nature. In 2024, the market was valued at USD 151.5 billion and is expected to reach USD 230.8 billion by 2034, growing at a 4.3% CAGR.

Polyethylene Terephthalate (PET) commands a 63.2% share of global material usage in the Plastic Bottles and Containers Market in 2024. Extrusion Blow Molding leads the processing segment with a 56.9% market share in 2024. This method excels in mass-producing hollow plastic containers with uniform wall thickness and consistent quality, making it ideal for high-volume production in beverages, personal care, and household products. The Food and Beverage sector drives the market with a 61.5% global usage share in 2024. This segment’s dominance reflects high demand for reliable, lightweight, and cost-effective packaging for bottled water, soft drinks, juices, dairy, sauces, and edible oils.

US Tariff Impact on Market

In 2024, the U.S. plastics trade deficit with China was USD 10.9 billion, down from USD 11.4 billion in 2023. On March 3, 2025, the U.S. imposed an additional 10% tariff on Chinese imports, raising the total tariff to 20% effective March 4, 2025. This tariff could impact USD 18.2 billion in plastics imports from China, based on 2024 preliminary data. While the media highlights China’s retaliatory measures against U.S. agricultural exports, U.S. plastics exports to China remained steady at USD 7.3 billion.

➤ Get More Detailed Insights about US Tariff Impact @ – https://market.us/report/plastic-bottles-and-containers-market/request-sample/

The PLASTICS 2024 Global Trends Report notes that plastics exports represented 20.4% of U.S. domestic shipments in 2023, with potential retaliation from China, Mexico, and Canada affecting a portion of this. Imports, meanwhile, comprised 20.1% of domestic shipments in 2023, providing context for the tariffs’ economic impact.

Key Takeaways

Global Plastic Bottles and Containers Market is expected to be worth around USD 230.8 billion by 2034, up from USD 151.5 billion in 2024, and grow at a CAGR of 4.3% from 2025 to 2034.
In 2024, PET captured 63.2% market share due to its lightweight and recyclable properties.
Extraction blow molding secured a 56.9% share due to efficient mass production of uniform plastic containers.
The food and beverages industry led with a 61.5% share, relying heavily on plastic container packaging solutions.
Asia-Pacific dominated demand for plastic containers, valued at USD 71.5 billion globally.

Report Scope

Market Value (2024)	USD 151.5 Billion
Forecast Revenue (2034)	USD 230.8 Billion
CAGR (2025-2034)	4.3%
Segments Covered	By Material (Polyethylene Terephthalate (PET), Polypropylene (PP), Low-density Polyethylene (LDPE), High-density Polyethylene (HDPE), Others), By Plastic Processing (Extraction Blow Molding, Injection Blow Molding, Others), By End-use (Food and Beverages, Cosmetics, Pharmaceuticals, Household Care, Others)
Competitive Landscape	Air Sea Containers, Alpla, Amcor, Berry Global, Cambrian Packaging, Cospak, Gerresheimer, Graham Packaging, Huhtamaki, JSK Plastics, Jyoti Chemicals, Kee Pet Containers, KHS, MJS Packaging, Plastoworld, Silgan Plastics, Tekni-Plex

➤ Directly purchase a copy of the report – https://market.us/purchase-report/?report_id=147520

Key Market Segments

Material Analysis

Polyethylene Terephthalate (PET) commands a 63.2% share of global material usage in the Plastic Bottles and Containers Market in 2024. Its dominance stems from PET’s lightweight nature, durability, and superior barrier properties, making it the top choice for packaging, particularly in food and beverage applications where transparency and strength are essential.
PET’s recyclability and cost-effectiveness further drive its widespread adoption, aligning with heightened environmental awareness and regulatory demands. Its significant use in water, carbonated drink, and edible oil bottles, combined with compatibility with blow molding, solidifies PET’s market leadership, offering pressure resistance, form stability, and enhanced product visibility for retail.

Plastic Processing Analysis

Extrusion Blow Molding leads the processing segment with a 56.9% market share in 2024. This method excels in mass-producing hollow plastic containers with uniform wall thickness and consistent quality, making it ideal for high-volume production in beverages, personal care, and household products.
Its compatibility with materials like PET, cost-efficiency, and minimal material wastage enhance its appeal. The process supports complex shapes, integrated handles, and customized designs, meeting diverse packaging needs. Automation in extrusion blow molding boosts production speed and consistency, reinforcing its dominance in large-scale manufacturing.

End-use Analysis

The Food and Beverage sector drives the market with a 61.5% global usage share in 2024. This segment’s dominance reflects high demand for reliable, lightweight, and cost-effective packaging for bottled water, soft drinks, juices, dairy, sauces, and edible oils. Consumer trends toward on-the-go and single-serve packaging, coupled with priorities like food safety, shelf-life extension, and brand visibility, fuel this growth.

Regional Analysis

Asia-Pacific holds a 47.2% share of the global Plastic Bottles and Containers Market in 2024, valued at USD 71.5 billion. Rapid urbanization, population growth, and expanding food and beverage industries in countries like China, India, and Southeast Asia drive this dominance. The region’s preference for convenient, ready-to-drink products further boosts demand.
North America and Europe, as mature markets, maintain stable demand with a focus on sustainable packaging innovations but exhibit slower growth. The Middle East & Africa and Latin America show emerging potential, driven by growing consumer markets and industrial development, though their shares remain smaller due to limited manufacturing and technological adoption.

Top Use Cases

Beverage Packaging: Plastic bottles, especially PET, dominate beverage packaging for water, soft drinks, and juices. Their lightweight, durable, and transparent nature ensures product visibility and portability. They extend shelf life, are cost-effective, and support on-the-go consumption, meeting consumer demand for convenience in fast-paced lifestyles.
Personal Care Products: Plastic containers are widely used for shampoos, lotions, and cosmetics. Their flexibility in design allows for squeeze bottles and precise dispensers. Lightweight and shatter-resistant, they ensure safe handling and transport, appealing to brands prioritizing user-friendly, attractive packaging for retail shelves.
Household Cleaning Products: Plastic bottles house detergents, sprays, and disinfectants due to their chemical resistance and durability. Ergonomic designs with spray or pour features enhance usability. Their cost-effectiveness and ability to be molded into various sizes make them ideal for high-volume household product markets.
Pharmaceutical Packaging: Plastic containers store medicines, syrups, and supplements, offering tamper-evident seals and precise dosing. Their lightweight and unbreakable nature ensures safe transport and storage. PET’s barrier properties protect contents from moisture and contamination, meeting strict safety standards in the healthcare industry.
Food Packaging: Plastic bottles and containers are used for sauces, oils, and condiments. They provide airtight seals to extend shelf life and maintain freshness. Transparent PET options enhance product appeal, while their recyclability aligns with growing consumer demand for sustainable food packaging solutions.

Recent Developments

1. Air Sea Containers

Air Sea Containers specializes in industrial packaging, including plastic drums and intermediate bulk containers (IBCs). Recently, the company has focused on sustainable packaging solutions, introducing recyclable and reusable plastic containers for hazardous material transport. They are also expanding their collapsible container line to reduce shipping costs and carbon footprint.

2. ALPLA

ALPLA has been investing in recycled PET (rPET) bottles, partnering with major brands to meet sustainability goals. Their Clean Caps initiative ensures bottle caps remain attached for easier recycling. They also opened a new recycling plant in Mexico to boost circular economy efforts.

3. Amcor

Amcor launched AmPrima, a recyclable PE-based plastic packaging solution, eliminating the need for extra layers. They also introduced carbon-neutral medical packaging and expanded partnerships with beverage companies for 100% recycled plastic bottles.

4. Berry Global

Berry Global enhanced its PCR (Post-Consumer Recycled) plastic containers, with a focus on food-grade recycled materials. They also acquired RPC Group, strengthening their sustainable packaging portfolio.

5. Cambrian Packaging

Cambrian Packaging introduced lightweight plastic bottles to reduce material use while maintaining durability. They are also working on bio-based plastics and mono-material packaging to improve recyclability.

Conclusion

Plastic bottles and containers, especially PET, lead the packaging industry due to their lightweight, durable, and recyclable nature. Dominating food and beverage, personal care, and other sectors, they meet diverse needs cost-effectively. Asia-Pacific’s 47.2% market share and global sustainability focus drive innovation, ensuring their strong growth and adaptability across applications.