Electronics And Consumer Goods Plastics Market

By Product;

Acrylic (Polymethyl Methacrylate), PVC, Polypropylene, Polystyrene, Polycarbonate and Others

By Manufacturing Process;

Injection Molding and Blow Molding

By Application Area;

Packaging and Insulation Materials

By End-User;

Telecommunications, Retail and Consumer Products

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn157007921 Published Date: August, 2025 Updated Date: September, 2025

Electronics And Consumer Goods Plastics Market Overview

Electronics And Consumer Goods Plastics Market (USD Million)

Electronics And Consumer Goods Plastics Market was valued at USD 24,838.06 million in the year 2024. The size of this market is expected to increase to USD 37,594.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.


Electronics And Consumer Goods Plastics Market

*Market size in USD million

CAGR 6.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.1 %
Market Size (2024)USD 24,838.06 Million
Market Size (2031)USD 37,594.58 Million
Market ConcentrationMedium
Report Pages319
24,838.06
2024
37,594.58
2031

Major Players

  • Solvay
  • BASF SE
  • Toray
  • Chevron Phillips Chemical
  • DuPont

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Electronics And Consumer Goods Plastics Market

Fragmented - Highly competitive market without dominant players


The Electronics And Consumer Goods Plastics Market is a cornerstone of modern product development, offering lightweight, durable, and highly versatile materials. With plastics making up nearly 45% of electronic housings and components, the industry continues to expand. Their cost-efficiency, ease of molding, and resilience against wear make them indispensable for scalable and innovative manufacturing.

Increasing Role in Electronics
In electronics, plastics are essential, with over 55% of home appliances and devices incorporating engineered polymers for insulation, durability, and compact design. The surge in demand for smart devices and miniaturized electronics further accelerates the need for advanced plastic solutions. This reliance underscores their importance in creating energy-efficient and sustainable electronics.

Widespread Use in Consumer Goods
Plastics are equally vital in the consumer goods sector, where they account for more than 40% of packaging applications. Their lightweight structure, protective properties, and adaptability make them the material of choice for durable and disposable items alike. Growing adoption of bio-based and recyclable plastics reflects a shift toward eco-friendly packaging and sustainable consumer goods solutions.

Sustainability and Circular Economy
Environmental responsibility is reshaping the market, with about 60% of producers investing in recyclable and sustainable alternatives. Circular economy models, where plastics are reused and repurposed, are gaining traction across industries. Regulations and consumer awareness are further driving the adoption of eco-conscious plastic solutions in electronics and packaging.

Innovation and Market Expansion
Technological innovation continues to enhance the role of plastics, with 35% of companies adopting advanced polymer technologies such as flame-retardant materials, biodegradable blends, and lightweight composites. These advancements not only improve performance and safety but also align with the industry’s push toward sustainability. Plastics remain central to enabling innovative, efficient, and environmentally responsible product designs.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Manufacturing Process
    3. Market Snapshot, By Application Area
    4. Market Snapshot, By End-User

    5. Market Snapshot, By Region
  4. Electronics And Consumer Goods Plastics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Miniaturization
        3. Lightweight materials
      2. Restraints
        1. Environmental regulations
        2. High raw material costs
        3. Recycling challenges
      3. Opportunities
        1. Growth in electronics manufacturing
        2. Rising demand for consumer goods
        3. Innovation in biodegradable plastics
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Electronics And Consumer Goods Plastics Market, By Product, 2021 - 2031 (USD Million)
      1. Acrylic (Polymethyl Methacrylate)
      2. PVC
      3. Polypropylene
      4. Polystyrene
      5. Polycarbonate
      6. Others
    2. Electronics And Consumer Goods Plastics Market, By Manufacturing Process, 2021 - 2031 (USD Million)

      1. Injection Molding

      2. Blow Molding

    3. Electronics And Consumer Goods Plastics Market, By Application Area, 2021 - 2031 (USD Million)
      1. Packaging
      2. Insulation Materials
    4. Electronics And Consumer Goods Plastics Market, By End-User, 2021 - 2031 (USD Million)

      1. Telecommunications

      2. Retail

      3. Consumer Products

    5. Electronics And Consumer Goods Plastics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Solvay
      2. BASF SE
      3. Toray
      4. Chevron Phillips Chemical
      5. DuPont
  7. Analyst Views
  8. Future Outlook of the Market