Plastics have been used widely in day to day life and as a raw material for many industries due to its unique properties. Plastic bottles, sachets, food packaging, and other items become prevalent all over the country, and due to its long-lasting properties, plastic pollution has become a major burning problem in the world. Currently, Sri Lanka follows several common ways of getting rid of plastics by dumping them in the incinerators or as landfill. This study mainly focused on the methods of plastic waste management, the current situation of Sri Lanka, available options, and proposals to reduce the plastic wastage in Sri Lanka.