Plastic Bottles and Containers Market  Growing Industry and Business Outlook 2021 to 2025| ALPLA Privatstiftung, Amcor plc, BERICAP GmbH & Co. KG, Graham Packaging Company

Plastic Bottles and Containers market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2021 to 2025 are profiled in this report.

The plastic bottles and containers market was estimated at USD 104.28 billion in 2020, and it is expected to reach a value of USD 152.18 billion by 2025, while registering a CAGR of 5.3% during the forecast period of 2021 to 2025

The Plastic Bottles and Containers market is highly competitive and consists of a number of major players: ALPLA Privatstiftung, Amcor plc, BERICAP GmbH & Co. KG, Graham Packaging Company, Container Corporation of Canada Ltd., Constar International Inc., Alpha Packaging, Plastipak Holdings, Inc, RESILUX NV, Greiner Packaging GmbH, KW Plastics, Inc.

Click the link to get a free Sample Copy of the Report:

https://www.marketinsightsreports.com/reports/01091746400/plastic-bottles-and-containers-market-growth-trends-and-forecasts-2021-2025/inquiry?Mode=Aditti
Company News and Updates:

- March 2020 - ALPLA developed a 1-liter reusable PET bottle together with KHS, the specialist for bottling and packaging systems. The refillable bottle weighs up to ten grams less than the standard bottles that are currently available and can include recycled materials.
- February 2020 - Amcor PLC, in the multivitamin category, showcased the development and launch of the PET container that is made from the 100% post-consumer recycled content (PCR) resin. The company developed the new, clear bottle in two sizes which are 100 cubic centimeters and 150 cubic centimeters, for Ritual, a health meets technology company that reimagined the multivitamin.

Key Market Trends

PET Holds a Significant Market Share

- Plastic packaging is becoming popular among consumers over other products as a plastic package is light in weight and is easier to handle. Similarly, even the major manufacturers prefer to use plastic packaging solutions, owing to their lower cost of production. Adoption of PET can lead to up to 90% weight reduction compared to glass, allowing a more economical transportation process. Currently, plastic bottles made from PET are widely replacing the heavy and fragile glass bottles, as they offer reusable packaging for mineral water and other beverages.
- According to the International Bottled Water Association, bottled water is the most consumed beverage product in the United States (by volume). According to a report of the International Bottled Water Association (IBWA), in the United States, the average sales of bottled water amount to USD 18.5 billion, with an increase of 8.8%. The per capita consumption exceeds 42 gallons of bottled water, with an increase of 6.2%. With this rising trend likely to continue, it is set to propel the demand for PET in bottled water packaging.
- The food and beverage segment, on the other hand, is the largest source of demand for PET packaging products. According to the British Plastic Federation (BPF), over 70% of the soft drinks in the global market are packaged in PET plastic bottles. In contrast, only 30% of them get packed across other variety of packaging materials, such as glass bottles, metal cans, and paper-based cartons.

(Special Offer: Get flat 15% discount on this report)

Browse the Full report description and TOC at:

https://www.marketinsightsreports.com/reports/01091746400/plastic-bottles-and-containers-market-growth-trends-and-forecasts-2021-2025?Mode=Aditti

What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Plastic Bottles and Containers Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.

The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Contact US :

Irfan Tamboli (Head of Sales)
Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.