Plastic Bottles and Containers Market 2021 Precise Outlook - Amcor PLC, Gerresheimer AG, Graham Packaging Company

The Plastic Bottles and Containers Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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 2026, while registering a CAGR of 5.3% during the forecast period of 2021 to 2026.

Get Free Sample Copy of this Report:

https://www.marketinsightsreports.com/reports/05202905662/plastic-bottles-and-containers-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=PD                                                       

Top Leading Companies of Plastic Bottles and Containers Market are ALPLA Group, Amcor PLC, Gerresheimer AG, Graham Packaging Company, Container Corporation of Canada Ltd, Altium Packaging LLC, Alpha Packaging, Plastipak Holdings Inc., RESILUX NV, Greiner Packaging GmbH, Comar LLC and others.

Industry 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

Asia - Pacific to Witness Significant Growth

- Asia-Pacific is anticipated to gain the fastest growth owing to the presence of two highly populated countries, i.e., China and India. In these countries, the increase in disposable income will act as a supplement for the growth of industries such as food and beverages, pharmaceuticals, pet food, and cosmetics, which in return will help in flourishing the plastic bottles and containers market.

- With the rapidly growing Chinese economy, there has been an increase in consumer spending on personal and home-care products, such as perfumes and cosmetics. According to China's National Bureau of Statistics, the retail sales of cosmetics totaled CNY 27.96 billion in December 2019, as compared to CNY 24.72 billion in December 2018. Hence, there is a growth opportunity for domestic players, as they may experience an increase in demand for plastic bottles and containers in the cosmetic industry.

- Further, Japan has one of the fastest-growing pharmaceutical industries after the United States and is constantly focusing on strong innovation and patented drugs. The Government of Japan is also contributing toward this growth through deregulations for international companies to invest, thereby driving the pharmaceutical market in the country.

Regional Outlook of Plastic Bottles and Containers Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

Browse Full Report at:

https://www.marketinsightsreports.com/reports/05202905662/plastic-bottles-and-containers-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=PD                                                               

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.

Analytical Tools: The 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, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Please connect with our sales team (sales@marketinsightsreports.com).

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.