Global Plastic Containers Market Projected to be Resilient During 2017 to 2026|| Key players- Alpha Packaging Holdings Incorporated, AMCOR Ltd, Bemis Company incorporated, CKS Packaging Incorporated, Constar International LLC
Request for a sample of this research report: https://www.factmr.com/connectus/sample?flag=S&rep_id=442
A recently collated research report by Fact.MR projects the global Plastic Containers Market to record a CAGR of 5.4% in the duration between 2017 and 2026. Nearly 120,000 MT of plastic containers will be sold across the globe by 2026-end.
Plastic containers seek widespread application in personal care products, household chemicals, food, beverages, and pharmaceutical products. Utilization of plastic containers for application in meat products is surging, with the advent of non-deformable and robust plastic containers in various sizes and shapes. Demand for plastic containers is on a rise as they facilitate storage, transportation, and disposition of delicate food items including sausages, cold cuts, and meats. Rapid growth in the pharmaceutical and medical industries has led toward proliferation in adoption of plastic containers. Excellent barrier properties and superior aesthetic value offered by plastic against moisture and air is a major factor driving its adoption in the pharmaceutical and medical sector. Reusing plastic containers has become of the most affordable and effective ways in reducing the environmental impact of plastic. Manufacturers are focusing on making some plastic containers more durable so that they can be reused and refilled numerous times before getting damaged after prolonged utilization.
North America to Endure as Fast-Expanding Market for Plastic Containers
In terms of value, North America is expected to endure as the fast-expanding market for plastic containers, trailed by Asia-Pacific excluding Japan (APEJ). Majority of the market growth in North America can be attributed to improving food & beverage industry in the U.S., and rising utility expenditure along with stricter regulations directed toward improvement of packaged material recycling procedures. In APEJ, the food & beverage sector is witnessing robust growth on the back of growing purchasing power of people and rapid urbanization that entails hectic lifestyle and demand for packaged food.
With increasing concerns regarding contaminants in drinking water, consumers in the developed and developing regions are increasingly preferring bottled water. Demand for bottled water has therefore surged exponentially over the past couple of years, which in turn creates significant demand for plastic containers, such as various sizes of plastic bottles. Bottled water is expected to remain the largest application of plastic containers, succeeded by alcoholic beverages, in terms of value.
Get Access To TOC Covering 200+ Topics: https://www.factmr.com/report/442/plastic-containers-market
Key Research Findings from Fact.MR’s Report (In Terms of Value)
Food and Beverage sector will remain the largest end-users of plastic containers
Bags & pouches and containers will remain fast-expanding applications of plastic containers
Polyethylene terephthalate will continue to be preferred among packaging materials for production of plastic containers
The global market for plastic containers is diversified and highly competitive in nature, owing to the occupancy of myriad international and regional vendors worldwide. It has been witnessed that small-sized and local vendors of plastic containers compete against international vendors on the basis of prices, as competing in terms of product offerings, quality and features becomes difficult for small enterprises. Key players actively underpinning the market growth include Alpha Packaging Holdings Incorporated, AMCOR Ltd, Bemis Company incorporated, CKS Packaging Incorporated, Constar International LLC, Huhtamaki Oyj, Letica Corporation, Linpac Group Ltd, Sonoco Products Company, and Plastipak Holdings Incorporated.
Make an inquiry for purchasing this report: https://www.factmr.com/connectus/sample?flag=AE&rep_id=442
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Rockville, MD 20852
Read Industry News at - https://www.industrynewsanalysis.com/
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Plastic Containers Market Projected to be Resilient During 2017 to 2026|| Key players- Alpha Packaging Holdings Incorporated, AMCOR Ltd, Bemis Company incorporated, CKS Packaging Incorporated, Constar International LLC here
News-ID: 1361379 • Views: 214
More Releases from Fact.MR
Isocyanates Manufacturers Leveraging Advancements and Modernization in the Adhes …
The recently published report by Fact.MR regarding the global isocyanates market includes product classification and current synopsis along with product upgrades and innovations. Increasing demand from the building and automotive industries is increasing the polyurethane consumption in numerous consumer and industrial applications. Moreover, the thriving pharmaceutical industries, and isocyanates advantageous characteristics are the primary drivers for development in the worldwide isocyanate market. Burgeoning isocyanate acceptance for use in newer vertical
Increasing Commuter Preference for Shared Taxi Will Boost the Demand for Minibus …
Global value for the minibus market reached ~ US$ 8.3 Bn in 2018, as disclosed by the new research study by Fact.MR. According to the report, the minibus market is predicted to grow by CAGR of ~3.7% in the forecast period, primarily influenced by prominent players investing in manufacturing operations in the global minibus market landscape. According to the research, an increasing center of attention on new developments and the demand
Ergonomic Designs of Furniture and a Favourable Policy Framework for Newer Entra …
The global office furniture market is expected to create ~ US$ 22 Billion worth of incremental opportunity over the forecast period. Since the last two decades, the number of small, micro, and medium-sized enterprises has increased drastically in developed and developing countries. Moreover, constant provision from private investments and governments is fueling the growth of the private sector, which is further propelling the office furniture market growth to a great
Cyclopentane Market Statistics Based on Upcoming Chemical Industry Trends and Su …
The adoption of cyclopentane in commercial refrigerators has opened up new opportunities for the global cyclopentane market. Cyclopentane is popularly used as a foam blowing agent for polyurethane foams that are used to insulate freezers and refrigerators. The commercial refrigerator sector is experiencing a healthy growth across the globe, with Asia pacific region as the fastest growing region. The importance of commercial refrigerators is also increasing due to fluctuating climatic
More Releases for Plastic
Plastic Pails (Plastic Bucket) Market Size and Analysis by Regions
MarketResearchReports.Biz adds “Global Plastic Pails (Plastic Bucket) Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Plastic Pails (Plastic Bucket) and the growth estimates for the forecasted period. A plastic pail is a type of container made from plastic that is employed in carrying out various applications ranging from construction, housing, shipping, to food and beverages. It is also
Yazheng Plastic Netting combined type plastic netting machine
Yazheng Plastic Netting developed combined type plastic netting machine.The combined type plastic netting machine can produce plastic deer fencing, anti bird netting, erosion control netting and plastic filtration netting. The combined type plastic netting machine is 30m long, it is be composed of polypropylene grinding miller, extruding machine, high temperature machine, stretch machine, rolled machine and cut machine. The horizontal thread and vertical thread of nettings that produced by
Recycled Plastic & Plastic Waste to Oil Market Analysis : TMR
There is a growing need for recycling the plastic and plastic waste. Various major companies are now concentrating on developing new waste-conversion technologies. Some of the major corporates in the global recycled plastic and plastic waste to oil market are Agilyx Inc., Cynar Plc, Vadxx Energy LLC, Nexus Fuels LLC, Clean Blue Technologies Inc., JBI Inc., RES Polyflow, PK Clean, Plastic Advanced Recycling Corporation (PARC), and MK Aromatics Ltd. These
Recycled Plastic & Plastic Waste to Oil Market Forecast 2016 - 2024
The recycled plastic & plastic waste to oil market report by Transparency Market Research provides in-depth analysis of the recycled plastic & plastic waste to oil market globally. The report segments the market on the basis of plastic type, technology, end-fuel, and geography. The report analyzes the global recycled plastic & plastic waste to oil market in terms of revenue (US$ Mn) for the 2016–2024 period. For this research study,
Recycled Plastic & Plastic Waste to Oil - Technology Analysis 2024
On the basis of technology, the recycled plastic & plastic waste to oil market has been segmented into pyrolysis, gasification and synthesis, and catalytic depolymerization processes. Pyrolysis process is the most widely used technology for converting plastic into oil (fuel). Pyrolysis process is expected to continue to dominate the recycled plastic & plastic waste to oil market due to its lower CAPEX requirements as compared to other technologies. Catalytic depolymerization
Recycled Plastic & Plastic Waste to Oil Technology: Analysis 2016 - 2024
Transparency Market Research has released a new market report titled “Recycled Plastic & Plastic Waste to Oil Market - Global Industry Analysis, Size, Share, Growth Trends and Forecast, 2016 - 2024.”The report defines and segments the recycled plastic & plastic waste to oil market, providing analysis and forecasts of the global revenue. According to the report, the global recycled plastic & plastic waste to oil market stood at US$542.8 mn