Press release
Plastic Bottles and Containers Market to Receive Hike of USD 60.21 billion by 2029 With Size, Share and Forecast
Data Bridge Market Research analyses that the plastic bottles and containers market was valued at USD 37.92 billion in 2021 and is expected to reach USD 60.21 billion by 2029, registering a CAGR of 5.95 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.The comprehensive industry research on "Global North America Plastic Bottles and Containers Market" published by Data Bridge Market research which includes growth analysis, regional marketing, challenges, opportunities, and drivers analyzed in the report. A top notch North America Plastic Bottles and Containers Market report has an evaluation of the factors influencing the supply and demand of the related products and services, and challenges reckoned by market players. The report begins with a market outlook together with the data integration and capabilities study with the appropriate findings. It has projected strong upcoming growth of the market. The document gives a brief introduction to the research report outlook, TOC, list of tables and figures, an outlook to key players of the market and comprising key regions. An extensive summary of the North America Plastic Bottles and Containers Market comprises prominent market that includes several major market leaders in the report.
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Market Scenario :
San Francisco's International Airport (SFO) just barred convenience shops, restaurants, and vending machines from selling plastic water bottles. This change is a part of SFO's five-year strategic plan. The use of plastic will slow down with the rising awareness about the environment. Consumers in the U.S and Canada are progressively moving toward eco-friendly packaging materials.
Plastic containers are made up of plastic resin such as HDPE, LDPE, PET, PE, etc. These plastic resins are mainly used to form various products such as bottles, jars, and pawls. Plastic-based bottles and containers are favourable for durability, lightweight, non-permeability of moisture and protection from sunlight. Increasing the demand for rigid packaging of food and beverages increases product shelf life and positively influences the plastic bottles and containers market.
Plastic Bottles and Containers Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
Increasing adoption of lightweight packaging methods
Plastics are appreciated for their low weight due to this company use plastic for the manufacturing of bottles and containers. The replacements of plastic with alternatives such as steel, aluminum, cloth, glass, rubber, paper, and paperboard are 4.5 times heavier on average plastic to produce the same packaging style. The lightweight property of plastic is driving the growth of plastic packaging.
Rising disposable income and urbanization will propel market value growth. The market is powered by customers' continuously changing lifestyles and the retail sector's rise. The market's growth rate is predicted to be boosted by rising awareness of eco-friendly and biodegradable packaging materials, as well as rising demand for packaged and processed food products.
Opportunities
Rise in product innovations
The increasing number of product developments will drive new market opportunities and accelerate industry expansion. Various product innovations aimed at enhancing design and manufacturing processes also contribute to market growth. Manufacturers are developing more efficient, dependable, and convenient products.
Major Competitors covered in the report are
Dahl-Tech, Inc (US)
Us Pack Group (US)
Dash Packaging (US)
Canyon Plastics Inc (US)
MJS Packaging (US)
Berry Global Inc. (US)
Graham Packaging Company (US)
Alpack plastics (US)
Plastipak Holdings, Inc (US)
Indorama Ventures Public Company Limited (Thailand)
Kaufman Container (US)
Amcor plc (Switzerland)
Containers Plus (US)
Green Bay Plastics (US)
Mai animal health (US)
Zauba technologies and Data service private limited (India)
Inmark global holding LLC (US)
APEX Plastics (US)
Access Full 350 Pages PDF Report @ https://www.databridgemarketresearch.com/reports/north-america-plastic-bottles-and-containers-market
Recent Development
In July 2020, SC Johnson from, United States prominent manufacturer of household cleaning products has, declared a new line of Mr. Muscle Platinum Window & Glass cleaner featuring 100% recycled ocean-bound plastic bottles and containers. The company's goal to triple the amount of post-consumer recycled plastic content in packaging by 2025.
In October 2020, Gerresheimer developed a new type of dropper insert, with DropControl, for recent drugs with low viscosity, which protect the drug from flowing uncontrollably during use.
Important Facts about This Market Report:
This research report reveals this business overview, product overview, market share, demand and supply ratio, supply chain analysis, and import/export details
The Industry report captivates different approaches and procedures endorsed by the market key players to make crucial business decisions
This research presents some parameters such as production value, marketing strategy analysis, Distributors/Traders and effect factors are also mentioned
The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed
The import and export details along with consumption value and production capability of every region is mentioned in the report
Porter's five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth
The report provides the clients with the facts and figures about the market on the basis of evaluation of the industry through primary and secondary research methodologies
Segmentation: North America Plastic Bottles and Containers Market
The plastic bottles and containers market is segmented on the basis of raw materials, technology, capacity, appearance, neck finish, neck type, shapes and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Raw materials
Polyethylene Terephthalate (PET)
Low-Density Polyethylene (LDPE)
High-Density Polyethylene (HDPE)
Polypropylene (PP)
Technology
Injection Molding
Stretch Blow Molding
Extrusion
Thermoforming
Others
Capacity
Less Than 100 ml
100-500 ml
500-1000 ml
1000-1500 ml
1500-2000 ml
more than 2000 ml
Apperance
Transparent
Coloured
Neck finish
1 to 4
300 to 360
400 & 400 m
405 & 405 m
410 & 410 m
415 & 415 m
420 to 485
490 & 490 m
495 & 495 m
500, 530 & 530 m
535 to 655
665 & 665 m
710 to 2000
2010 & 2010 m
2020 & 2020 m
2030 & 2030
2035 to 3140
3150 & 3150
3160 & 3160 m
Above 3160
Shape
Boston Round
Square, Oval
Oblong
Wide Mouth
Cosmo Round Cylinder
Narrow Mouth
Specialty
Others
Neck Type
Three Start
Double Start
PCO 1881
PCO 1810
PCO Hybrid
BPF
ROPP (Without Collar)
Liquor Neck
Fridge Bottle Neck
CTC/BERI
Others
End-User
Food and Beverages
Healthcare
Personal Care & Cosmetics
Household, Automotive
Others
Gain More Insights into the North America Plastic Bottles and Containers Market Analysis @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=north-america-plastic-bottles-and-containers-market
Frequently Asked Questions
At what growth rate is the application segment expected to expand?
Which factors will lead to this market expansion?
What will be the market size?
What are the key constraints in this market growth?
Which type segment will witness healthy growth from xx to xx?
Which region presents lucrative growth prospects?
Which companies are the key innovators in this market?
What are the key business strategies for post-covid recovery?
Who are the key leaders in this market?
Which technological advancements will influence this market growth?
Get TOC in Detail of North America Plastic Bottles and Containers Market @ https://www.databridgemarketresearch.com/toc/?dbmr=north-america-plastic-bottles-and-containers-market
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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