Plastics is one of the most widely used packaging material. It is light weight, can be given attractive forms, has excellent protective properties and is very economical. Plastics continue to grow their share in packaging. The current plastics packaging market size is estimated at around $ 240 billion. Few estimate the market between 250 to 260 billion USD. At a CAGR between 3% – 4%, the plastics packaging market is estimated to cross USD 325 billion by 2027.
Flexible packaging accounts for almost 70% of plastics packaging. Food and Beverages accounts for over 50% of the plastic packaging consumption
Inspite its popularity only 2 plastics packaging company feature in the list of top 10 global packaging companies, Amcor & Berry Global. Reynolds Group, owner of Graham Packaging also makes the list but has a much higher share of metal packaging in its overall revenues
Sales of the leading plastics packaging companies in 2019 is reported as below
| Company | 2019 Revenues in billion USD | Major Products | Head Quarters |
| AMCOR (Acquired BEMIS) | 13 | Beverages, Food, Healthcare, HomeCare Personal Care, Pet Care, Specialty Cartons | Australia |
| Reynolds Group (Owner Graham Packaging) | 9.7 | Metals, Plastics | NZ |
| Berry Global (Acquired RPC Group) | 8.9 | Personal Care, Household, Food, Beverages, Health& Hygiene, Tapes& Adhesives | US |
| Sealed Air | 4.8 | Flexible Films, Foam, Semi Rigid, Bubble Packaging | USCoveris |
| Alpla | 4.5 | Rigid Packaging, Bottles, Closures, Preforms | Austria |
| Plastipak | 2.7 | Bottles, Beverages, Housecare, Dairy, Oils, Personal Care | USA |
| Constantia | 1.81 | Flexibles, Consumer and Pharmaceutical | Austria |
| Coveris | 0.95 | Paper, Films, Bags, Label | Austria |
Many Indian players have achieved a global scale, especially in films and laminates. India is now a leading producer of BOPP, BOPET, CPP films
Few of the leading listed plastics packaging material producers include
| Company | 2019 Revenues in INR (Crores) | Major Product |
| U Flex | 7400 | Flexibles |
| Polyplex | 4487 | PET films, BOPP, Blown and CPP films |
| Jindal pOly films | 3516 | BOPP, BOPET Films |
| Essel Propack | 2760 | Laminated Tubes, Oral anad Personal Care |
| Time | 2140 | Drums, Tarps, Films, Sheets |
| Cosmos | 2032 | Barrier Films, Pouching Films, CPP, Lidding Films |
| Manjushree Technopack | 1150 | Preforms, Rigid Packaging |
| Flexituff | 885 | FIBC, Woven Sacks |
| Max | 780 | Films |
| Emmbi Industries | 333 | FIBC, Woven Sacks |
| Kanpur Plastlpacks Ltd | 322 | Woven Sacks, FIBC |
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