The global single-use packaging market was valued at USD 554.14 billion in 2023. It is projected to reach USD 583.21 billion in 2024 and grow to USD 895.12 billion by 2032, at a CAGR of about 5.50% during 2024–2032.
Asia-Pacific dominated the market in 2023 with approximately 41% share, driven by expanding urban populations, higher disposable incomes, and growing convenience consumption. Plastic remains the leading material due to its cost-effectiveness, versatility, and broad applicability across food, beverage, healthcare, and consumer goods sectors.
Fortune Business Insights™ displays this information in a report titled, "Single Use Packaging Market, 2024-2032."
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By Material:
While plastic retains the largest share, paper and paperboard are projected to grow fastest due to sustainability initiatives.
By Product Type: