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Global Plastic Bottles and Containers Market Size, Competitive Analysis, Share, Forecast- 2020-2026

11-29-2020 01:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orian Research

Global Plastic Bottles and Containers Market

Global Plastic Bottles and Containers Market

The global plastic bottles and containers market is anticipated to grow with a significant CAGR of 5.5% during the forecast period. The growth of the plastic bottles and containers market is attributed to the increasing trend of polyethylene terephthalate (PET) packaging across the globe. The adoption of PET (that is extruded or molded into plastic bottles and containers) is increasing significantly in end-user industries such as foods and beverages, personal care products, and various other consumer products.

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A major advantage of the PET bottles is that the bottles and containers made using PET can also be recycled easily to make new bottles and containers which will aid in reducing the excessive proliferation of plastics waste. In addition to this, PET’s properties such as great transparency and the shiny surface offer a special appearance to the bottles and containers made from it. The aforementioned facts will raise the adoption of PET made bottles and containers among manufactures which in turn will fuel the growth of the plastic bottles and containers industry.

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PET resins low price also drives the plastic bottles and containers market growth. In addition to this, the trend towards lightweight PET bottles significantly aids in cost-optimization and also assists manufacturers in achieving a competitive edge in the market. Furthermore, the utilization of plastic bottles and containers is also raising to replace the glass-based bottles and containers. Glass has already reached its approx. limits in terms of lightweight hence, manufacturers are now giving emphasis on adopting plastic-based bottles and containers. Moreover, the manufacturing of PET bottles and containers through the blow molding method is cheaper and beneficial as compared to other methods. All these factors are expected to provide significant growth to the PET segment in the plastic bottles and containers market.

Global Plastic Bottles and Containers Market- Segmentation

By Raw Material

PET (Polyethylene Terephthalate)
PP (Polypropylene)
LDPE (Low-Density Polyethylene)
HDPE (High-Density Polyethylene)
Other
By End-Use Vertical

Beverages
Food
Cosmetics
Pharmaceutical & Chemical
Others (Household)
Global Plastic Bottles and Containers Market- Segment by Region

North America

US
Canada
Europe

Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific

China
Japan
India
Rest of Asia-Pacific
Rest of the World

Latin America
Middle East Africa
Company Profiles

AG Poly Packs Private Ltd.
Alpha Packaging Inc.
Altium Packaging LLC
Amcor PLC
Chemco Group of Companies
Comar LLC
Gerresheimer AG
Gil Plastic Products ltd.
Graham Packaging Co. LP
Greiner Packaging GmbH
Hitech Group
Kang-Jia Co., Ltd
KHS Group
Ningbo Jazz Packaging Co., Ltd
Resilux NV
RPC M&H PLASTICS UK
Star Plastic Industries
Takemoto Packaging. Inc.
The Plastic Bottles Company
Zhenghao Plastic & Mold Co., Ltd.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/plastic-bottles-and-containers-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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