Global plastic bottles and containers market is expected to rise from its initial estimated value of USD 146.38 billion in 2018 to an estimated value of USD 227.73 billion by 2026, registering a CAGR of 5.68% in the forecast period of 2019-2026. This rise in market value can be attributed to the overall growth of the packaging industry due to the rise in demand for packaged and consumer-friendly easy to use products.
Plastic Bottles and Containers Market Figures is now released by Data Bridge Market Research. Plastic Bottles and Containers Market report presents a complete assessment of covering future trend, Latest Trend, current growth factors, facts, and industry validated market data forecast till 2026. The report provides an in-depth analysis of the latest trends, business scenario, size and share of Major Competitors such as CCC Packaging; HOKKAN HOLDINGS LIMITED; Gerresheimer AG; Indorama Ventures Public Company Limited; Mpact; PDG Plastiques; Esterform Ltd and RESILUX NV. And others
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Market Drivers and Restraints:
- Increasing adoption of lightweight-packaging methods resulting in change in preferences from heavy weighted packaging methods to plastic commercial packaging; this factor is expected to act as a driver for the market growth
- Increasing concerns regarding global warming and levels of plastic wastes globally along with no viable methods for recycling of plastics; this factor is expected to act as a restraint to the market growth
Few of the major competitors currently working in the plastic bottles and containers market are CKS Packaging, Inc.; Comar, LLC; Amcor Limited; Cospack America Corp.; Graham Packaging Company; Sonoco Products Company; Sealed Air; Smurfit Kappa; Plastipak Holdings, Inc.; Alpha Packaging; Berry Global Inc.; Container Corporation of Canada; Aaron Packaging, Inc.; and others
- By Raw Material (LDPE, PET, HDPE, PP, Others),
- By End-Use Industry (Food, Beverages, Cosmetics, Pharmaceuticals, Industrial, Household Care, Others),
- Based on the geography (North America, South America, Asia and Pacific region, Middle east and Africa, Europe)
Global plastic bottles and containers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of plastic bottles and containers market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report.
Potential Held by the Report:
- Recent industry trends and developments
- Market Penetration: Comprehensive information on the product portfolios of the top players in the trocars market
- To gain insightful analyses of the market and have a comprehensive understanding of the “Plastic Bottles and Containers Market” and its commercial landscape
- To understand the future outlook and prospects for market analysis and forecast 2018-2025.
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the trocars market
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