|03-16-2018 10:51 AM CET - Business, Economy, Finances, Banking & Insurance||
Global Light Density Polyethylene (LDPE) Bottles Market to Incur Steady Growth During 2016-2026
Press release from: Future Market Insights
LDPE bottles are those bottles which are made from Light Density Polyethylene (LDPE) granules. LDPE is a by-product of petroleum. LDPE bottles are translucent and very flexible. Often LDPE symbols are present in LDPE bottles for individual to detect and understand the product visually. It is widely used for dispensing bottles, washing bottles. Its properties include translucent to opaque in appearance, unbreakable, flexible and chemically stable at room temperature and possesses a broad range of temperature tolerance. LDPE bottles are widely available only in its natural color. Its application is generally found in the packaging of consumable items, cosmetics, etc.
Market: Drivers & Restraints
One of the key drivers for LDPE bottles market is with an increase in some small households resulting into the high demand for commodities in day to day life from consuming to storing will give a boost to LDPE bottles market. F&B industries, chemicals, toiletries usage, personal care and body care industries are increasing to meet rising customer demand and to stay ahead in competition to attract there target customer the products need to be packaged strategically; such actions will drive LDPE bottles market with their demand. As LDPE bottles are made of LDPE which is a petroleum by-product, with an increase in fluctuation of petroleum prices in international market the profitability in LDPE bottles manufacturing can decrease. A Recent study on harmful plastic revealed that LDPE bottles could cause cancer and hormonal diseases. Government bans on using and manufacturing toxic plastics since producing LDPE bottles produce harmful gasses, and even LDPE bottles are not recycled friendly. Few of these factors can act as a restraint for LDPE bottles market.
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LDPE bottles Market: Segmentation
The global LDPE bottles market is segmented on the basis end users, sales channel and region.
On the basis of end users, the global LDPE bottles market is segmented into:
On the basis of sales channel, the global LDPE bottles market is segmented into:
LDPE bottles Market: Regional Outlook
Based on the geographies, global LDPE bottles market is segmented into five regions -- North America, Latin America, Europe, APAC, and the Middle East & Africa. Among the regions mentioned above, North America accounts for a significant share of LDPE bottles market, owing to the stringent regulations and norms in using a particular grade of plastic bottles. LDPE bottles have gained a substantial proportion due to its physical and chemical characteristics which pose the slightest threat to life and health, in U.S. product such as fruit juices, milk, detergent, cleaners, etc. are now packaged in LDPE bottles which are in the way giving a massive boost to LDPE bottles market. The market in Europe for LDPE bottles comes next after North America and follows similar trend alike U.S... However, Asia-Pacific market for LDPE bottles market is growing, and it is anticipated that the market will gain substantially over the forecast period with booming F&B industries, pharmaceutical industries, and ever increasing demand from households & individuals with population rise, etc. in the region. In the Middle East & Africa, the market of LDPE bottles are in a nascent stage, and it is expected that the market will grow over the forecast period. Latin America has witnessed a decent start for the market of LDPE bottles, due to the demand from the various field such as FMCG industries, hospitality industries, etc. and over the forecast period LDPE bottles market will register a healthy growth.
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LDPE bottles market: Key Players
Some of the major players identified in the LDPE bottles market are, Parker Plastics, Graham Blowpack Pvt.ltd., Vivek Polymer India, Maynard & Harris Plastics, CL Smith, All American Containers, O.BERK COMPANY, LLC, Alpha Packaging, Kaufman Container, Fisherbrand, Amcor Limited, Zhejiang Zhenhua Plastic Co., Ltd.,
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This release was published on openPR.
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