Press release
Market Insights on Growth of Plastic Container Market during 2016-2022
Global Plastic Container Market, By Material (PET, PP, HDPE, PVC, LDPE, and others), By product (Bottles & Jars, Cups & bowls, Bags & Pouches, and others), By Application (Food & Beverages, Personal Care, Pharmaceutical, Consumer goods, and others) - Forecast 2016-2022.Market Synopsis of Plastic Container Market.
Plastic containers are one of the most used and preferred packaging material all over the world and can readily be molded into a variety of products that can be used in a wide range of applications. Plastic packaging refers to numerous products such as plastic bottles & food containers, pouches among others. They are generally made up of plastic resins such as PET, PP, and HDPE among others. The use of plastic ensures the durability of the packaging along with retention of the nutrients and chemical properties of the product.
Urbanization and improved living structure in developing countries are expected to boost the demand for personal care products. Availability of substitutes such as paper, glass, steel, and metal for packaging, fluctuating raw material prices, environmental regulations, energy and transportation costs as well as uncertainty of final products hampers the growth of the market significantly.
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Regional Analysis
Plastic container market is highly application driven and such plastics containers are gaining popularity across the end user industries like health care, food & beverages and others which is referred as one of the major driving factors for the market. Furthermore, durability and reduced risk of damaged goods is also augmenting the growth of the market. Currently, North America is dominating the market of plastic container market by region. Food & Beverages industry leads the market in the developed regions like US. It is followed by Europe which focuses on plastic recycling.
Asia-Pacific has emerged as fastest growing market due tremendous growth in terms of disposable income, improved lifestyles, urbanization, and inclined audience towards convenience in the countries such as India, and China among others. These economies have proved to be a potential market for packaged food industry as there is rising demand for hygienic food items with durable containers such as pouches, cans, and bags among others.
Key Players
The major player operating in the market of Global Plastic container are- Amcor Limited(Australia), Graham Packaging (U.S.), Anchor Packaging Incorporated(U.S), Plastipak Packaging(U.S), The Plastic Bottles Company(U.K.), Alpack (Ireland), Rahway Steel Drum Company(U.S.), Alpha Packaging Holdings Incorporated (U.K), Werke Alwin Lehner GmbH & Company KG (Austria), International Packaging (U.S.), and Constar International(U.S.).
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Target Audience
• Packaging Organizations
• Manufacturer
• Research Institute / Education Institute
• Potential Investors
The report for Global Beverage Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
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Maharashtra, India
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