Plastic Bottles and Containers Market 2022 Share, Size, Growth Factors, Top Leaders, Development Strategy and Forecast 2028 | ALPLA Group, Amcor PLC, Gerresheimer AG, Graham Packaging Company

Plastic Bottles and Containers Market With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and a holistic assessment of market conditions in the future term, this market research study keeps a close eye on major rivals. It's a thorough research that focuses on key and secondary drivers, market share, leading segments, and geographic analysis. The Plastic Bottles and Containers Market also examines significant players, major collaborations, mergers and acquisitions, as well as current innovation and corporate strategies.

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 2027, while registering a CAGR of 5.3% during the forecast period of 2022 to 2027.

Top Key Players are covered in this report: 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

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Recent Developments:

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.

Key Market Trends:

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.

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Key market aspects are illuminated in the report:

Executive Summary: It covers a summary of the most vital studies, the Global Plastic Bottles and Containers Market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Global Plastic Bottles and Containers Market, the years measured, and the study points.

Company Profile: Each company in this market sector is screened based on its goods, value, SWOT analysis, capacity, and other key characteristics.

Manufacture by region: This Global Plastic Bottles and Containers Market report offers data on imports and exports, sales, production and key companies in all studied regional markets

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