Global Plastic Bottles and Containers Market 2021 is expected to register a CAGR of 5.31%, during forecast period with Impact of Covid 19 Analysis

Plastic

Global “Plastic Bottles and Containers Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Plastic Bottles and Containers in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Plastic Bottles and Containers Market report categorizes the market based on manufacturers, regions, type, and application. Plastic Bottles and Containers Market reports offer a detailed assessment of the Plastic Bottles and Containers including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Plastic Bottles and Containers market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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The global plastic bottles and containers market was valued at USD 140.107 billion in 2017, and is expected to reach a value of USD 192.048 billion by 2023, at a CAGR of 5.31%, during the forecast period (2018-2023). Plastic packaging has been witnessing growing inclination from consumers over other products, as plastic packages are lightweight and easier to handle. Similarly, even the major manufacturers prefer to use plastic packaging solutions, owing to their lower cost of production. There are a wide variety of innovative, cost-effective and sustainable packaging solutions emerging in the market. The non-availability of raw materials has been a restraining factor for the industry, over the last decade. The increasing awareness about environmental concerns over usage of plastic remains the major constraint for the growth of the plastic industry.

Growing Demand from the Packaging Industry is driving the growth of this Market

Consumers are demanding products with extended shelf life and easy usage. This has necessitated companies to develop alternative packaging solutions. Shelf life is an important aspect of the product. Shelf life can be increased by protecting the products from potential deteriorating agents, such as moisture, oxygen, and microbes. In order to protect products, companies need a cost-effective and safe packaging solution. Plastic packaging has superior barrier capabilities and can effectively protect the product from moisture and oxygen. Changing lifestyles and the consequent dependence of consumers on processed, packaged, and pre-cooked food is increasing the sales of plastic packaging in all its formats (bottles, cans, tins, glass, and plastic containers); this is visibly giving way to plastic bottles/containers owing to its convenient format, superior barrier properties, prudent use of material resources and high-quality printability. Plastic bottle packaging is a major contributor to the plastic packaging market, across the world.

PET Held the Largest Share of the Market in 2017

Polyethylene Terephthalate (PET), also known as PETE, is clear plastic used for soda and water and bottle and containers. PET raw material is recognized globally as a non-toxic, safe, light weight, strong, flexible material, which is 100% recyclable. It also provides an excellent barrier against carbon dioxide (CO2) and oxygen (O2). PET has also become a material of choice for bottling beverages, like for most of the carbonated soft drinks and mineral water. This raw material can also be used in food packaging firms. PET is microwave resistant and this is largely used in many of the food chains. The advancements in analytical chemistry are now providing the miniscule level of migration measurement from the plastic to foods. These tests have found that under the laboratory conditions the migration of any components of PET plastics is well below applicable safety levels. So, FDA tested PET bottles and containers are acceptable to use in many applications across the industries.

North America is one of the Major Contributors to the Market

North America is the major contributor to the Plastics Bottles and Containers market. Plastic bottles and containers pose an interesting policy and engineering challenge to the US society. They have to satisfy a number of structural and physical criteria and they must be inexpensive and the same time should pose a minimal effect on the environment. In the US plastic bottles and container production market is more complicated than both glass and aluminum containers market due to their unfriendly nature of material property, which is polluting the environmental conditions. Canada plastic bottles and containers market is mostly dependent on the demand for lighter forms of plastic packaging and greater ease of use. Plastic bottles and containers market is growing in Canada because of the increasing demand for FMCG sector, which might ensure wide adoption of plastic bottles and containers in food, beverage, pharmaceuticals, and other sectors in Canada. Moreover consumers preferring offer several advantages, such as better handling & disposal, cost-effectiveness, greater visual appeal, and convenience. However, the environmental and health concerns over the bottled water are impeding the growth of the market.

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The global Plastic Bottles and Containers market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Plastic Bottles and Containers Market Report covers the Top Key-players in 2021:-

  • Alpha Packaging
  • Inc
  • CKS Packaging
  • Inc.
  • Consolidated Container Company LLC
  • Plastipak Holdings
  • Inc.
  • Graham Packaging Company
  • L.P.
  • Comar
  • LLC
  • Amcor Limited
  • Berry Plastics Corporation
  • Alpack Plastic Packaging

Highlighted points of Plastic Bottles and Containers Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Plastic Bottles and Containers Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Plastic Bottles and Containers? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Plastic Bottles and Containers Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Plastic Bottles and Containers Market? What Was Capacity, Production Value, Cost and PROFIT of Plastic Bottles and Containers Market?
  • What Is Current Market Status of Plastic Bottles and Containers Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Plastic Bottles and Containers Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Plastic Bottles and Containers Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Plastic Bottles and Containers Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Plastic Bottles and Containers Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Plastic Bottles and Containers Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Plastic Bottles and Containers Industry?

Key Developments in the Plastic Bottles and Containers Market:

  • February 2017 – Graham Packaging provided design and engineering expertise to help Nestlé Waters launch a new hot-fill package for their rebranded line of authentic tea products
  • January 2017 – Berry Plastics acquired AEP Industries Inc. in order to expand their breadth of product offerings and also to increase the production capacity of engineered materials division
    The m

    Reasons to Purchase this Report

  • Current and future plastics bottles and containers market outlook in the developed and emerging markets
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • The segment that is expected to dominate the market
  • Regions that are expected to witness fastest growth during the forecast period
  • Identifying the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)

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    Finally, the report Global Plastic Bottles and Containers Market 2021 describes the Plastic Bottles and Containers industry expansion game plan, the Plastic Bottles and Containers industry knowledge supply, appendix, analysis findings, and the conclusion.

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