Electronics & Consumer Goods Plastics Market Size Worth USD 483.29 Billion by 2034 | CAGR: 38.3%

Electronics & Consumer Goods Plastics Market Size Worth USD 483.29 Billion by 2034 | CAGR: 38.3%


The global electronics & consumer goods plastics market size is expected to reach USD 483.29 billion by 2034, according to a new study by Polaris Market Research. The report “Electronics & Consumer Goods Plastics Market Size, Share, Trends, Industry Analysis Report: By Product [Bio-Based Polycarbonate, Liquid Crystal Polymer (LCP), Polyamide (PA), Polycarbonate (PC), Polycarbonate/Acrylonitrile Butadiene Styrene (PC/ABS), Glass Filled Resin, and Thermoplastic Elastomers (TPE)], Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Electronics and consumer goods plastics refer to the specific plastic materials used in the manufacturing of electronic devices and consumer products. These plastics are engineered for durability, thermal resistance, and electrical insulation, which are key properties needed for components such as enclosures, connectors, and circuit boards. In consumer products, these plastics are commonly found in items such as home appliances, packaging materials, and personal care products. They frequently go through stringent testing to adhere to safety and performance criteria, enhancing the functionality, design, and durability of these items.

The growing demand for durable, lightweight materials is fueling the electronics & consumer goods plastics market expansion. These materials offer durability, design flexibility, and convenience, making them ideal for a wide range of applications, including smartphones, laptops, and compact devices. Additionally, the expansion of the global lighting market, driven by urbanization and improvements in LED technology, has increased the need for energy-efficient solutions. Plastics are essential in manufacturing robust, lightweight LED fixtures and parts for the lighting industry.

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E-commerce and digital advancements are increasing the need for packaging materials, propelling the use of plastics in consumer goods. This trend is anticipated to continue, expanding the demand for plastic packaging solutions. With rising awareness about reducing carbon footprints and enhancing energy efficiency, companies are allocating resources to biodegradable and recyclable plastics. This is expected to create various electronics & consumer goods plastics market opportunities for environmentally friendly products and sustainable packaging options during the forecast period.

Electronics & Consumer Goods Plastics Market Report Highlights

  • Based on product, the polyamide (PA) segment accounted for the largest market share in 2024 due to its mechanical properties, including high strength, impact resistance, and thermal stability.
  • Based on application, the mobile phone bodies segment dominated the electronics & consumer goods plastics market in 2024. With the rising demand for smartphones, plastic serves as a lightweight yet highly durable material ideal for constructing phone casing.
  • Asia Pacific dominated the global market in 2024, driven by the presence of key consumer product manufacturers in emerging countries such as Korea, Japan, India, and China.
  • North America is anticipated to witness significant growth in the global market during the forecast period, driven by the robust urbanization and industrialization in the region.
  • Trinseo S.A.; Covestro AG; Celanese Corp.; SABIC; Lotte Chemical Corp.; LG Chem; Mitsubishi Chemical Corp.; SAMSUNG SDI Co., Ltd.; Koninklijke DSM N.V.; Qingdao Gon Science & Technology Co., Ltd. are a few global key players in the market.

Polaris Market Research has segmented the electronics & consumer goods plastics market report on the basis of product, application, and region:

By Product Outlook (Revenue – USD Billion, 2020–2034)

  • Bio-Based Polycarbonate
  • Liquid Crystal Polymer (LCP)
  • Polyamide (PA)
  • Polycarbonate (PC)
  • Polycarbonate/Acrylonitrile Butadiene Styrene (PC/ABS)
  • Glass Filled Resin
  • Thermoplastic Elastomers (TPE)

By Application Outlook (Revenue – USD Billion, 2020–2034)

  • Appliances and White Goods
  • Laptop Monitor Enclosures
  • LCD Panels
  • Mobile Phone Bodies
  • Portable Hand-held Devices
  • TV Frames
  • Wearables
  • Others

By Regional Outlook (Revenue – USD Billion, 2020–2034)

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Netherlands
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Malaysia
    • South Korea
    • Indonesia
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

Electronics & Consumer Goods Plastics Market Report Scope

Report Attributes

Details

Market Size Value in 2024

USD 18.99 billion

Market Size Value in 2025

USD 26.10 billion

Revenue Forecast by 2034

USD 483.29 billion

CAGR

38.3% from 2025 to 2034

Base Year

2024

Historical Data

2020–2023

Forecast Period

2025–2034

Quantitative Units

Revenue in USD billion and CAGR from 2025 to 2034

Report Coverage

Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends

Segments Covered

  • By Product
  • By Application

Regional Scope

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Competitive Landscape

Electronics & Consumer Goods Plastics Industry Trends Analysis (2024)

Company profiles/industry participants profiling includes company overview, financial information, product/service benchmarking, and recent developments

Report Format

PDF + Excel

Customization

Report customization as per your requirements with respect to countries, regions, and segmentation.

For Specific Research Requirements

Request for Customized Report