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Plastic Bottles and Containers Market Report: Production Capacity and Consumption Analysis, Trends Analysis Report and Forecasts, 2021 – 2026
The Plastic Bottles and Containers Market report is an inclusive study where the report’s goal is to give in-depth information on the industry, including a market overview, major trends, and business strategies for the projected period of the Plastic Bottles and Containers market. The research provides information on company profiles, product pictures and specifications, capacity, production, price, cost, revenue, and contact information for the worldwide main leading industry players in the Plastic Bottles and Containers market.The Plastic Bottles and Containers Market is anticipated to register a CAGR of 5.95% over the forecast period 2021 – 2026.
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The Major Players of Plastic Bottles and Containers Market are: Alpha Packaging Inc., Altium Packaging (Loews Corporation), Gerresheimer AG, Graham Packaging Company LP, Berry Global Group Inc., Plastipak Holdings Inc., Amcor Limited, Comar LLC
This study is often used to determine which market segments, regions, or nations to focus their efforts and resources on in the next years to maximize growth and profitability. This research takes into account the impact of the COVID-related economic slump, as well as a competitive market landscape and a continuous in-depth assessment of the sector's leading vendors/key players.
Key Market Trends
LDPE is Expected to Register a Significant Growth
- LDPE provides impact resistance. It is an effective barrier to chemical and vapor, while being pliable. It is used to make trays, containers, and bottles.
- One of the critical drivers for the LDPE bottles market is with an increase in some small households resulting in the high demand for commodities in day to day life, from consuming to storing will give a boost to the LDPE bottles market.
- Though LDPE is less chemically resistant and rigid compared to HDPE, it is similar to HDPE in composition. LDPE is used in the manufacturing of squeeze bottles, such as ketchup and other products.
- Alpla Inc., a plastic bottle and packaging manufacturer, announced a USD 6.9 million expansion of its Bowling Green facility, in Kentucky, to increase its LDPE bottle manufacturing capacities. The investments in LDPE packaging are anticipated to drive the LDPE bottle packaging market.
Report Link:
https://www.marketintelligencedata.com/reports/289403/north-america-plastic-bottles-and-containers-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=kalyani
Cosmetics Industry is Expected to Witness Significant Growth in Adoption
- Plastic is one of the most used and preferred materials for cosmetics packaging, and numerous cosmetic products in the market come in plastic bottles and containers, owing to the easy molding, structuring, and designing capability of the material, as well as the protection. In the cosmetics industry, plastic bottles and containers are preferred forms of primary packaging and held an unchallenged prominent share in the market.
- According to Packaging Machinery Manufacturers Institute (PMMI), at 61% market share, plastic packagings, such as bottles, jars, compacts, and tubes, dominates the cosmetics and other personal care products categories, where plastic bottles are the most used containers, accounting for 30% of the market.
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Highlights of Plastic Bottles and Containers Market report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Customization:
The Global Plastic Bottles and Containers Market research may be customized to match your exclusive company requirements. We offer free 25 percent customization for any of our MID reports to all of our clients since we understand what they want.
About Us:
Market intelligence data is a global leader in the research business, providing customers with contextual and data-driven research. The company assists customers in developing business plans and achieving long-term success in their particular markets. Consulting services, Market Intelligence Data research studies, and bespoke research reports are all offered by the industry.
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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
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