Plastic Bottles and Containers Market to Witness Growth Acceleration by 2031/ Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

Plastic bottles and containers market is anticipated to grow at a CAGR of 5.5% during the forecast period. Plastic bottles and containers are made from various grades of high- and low-density plastics for storage purposes. Plastic bottles and containers are rugged & resilient and are safe to handle which makes them suitable a considerable option for packaging. Hence, the high demand for various plastic bottles and containers in its application sector for the packaging purpose will significantly drive the market growth during the forecast period.

Growth in the cosmetic industry due to increasing disposable income and increasing usage of ready to eat food all across the globe are some of the factors driving the market growth. However, plastic is one of the major sources of pollution whether it is marines, land, or air pollution. Hence, government regulation to curb plastic waste is one of the major challenges for the plastic bottles and container market in the near future. The government is setting targets to reduce plastic waste by introducing recycling targets. Result of this, the overall cost of the plastic products can increase, and the manufacturers can shift to alternatives of the plastic. It a restricting factor for the potential growth of the market in the near future.

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Market Coverage

Market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

Market Segmentation

Plastic Bottles and Containers Market by Raw Material

PET (Polyethylene Terephthalate)
PP (Polypropylene)
LDPE (Low-Density Polyethylene)
HDPE (High-Density Polyethylene)
Other

Plastic Bottles and Containers Market by End-Use Vertical

Beverages
Food
Cosmetics
Pharmaceutical& Chemicals
Others (Household)

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Regional Analysis

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

AG Poly Packs Private Ltd.
Alpha Packaging Inc.
Altium Packaging LLC
Amcor PLC
Chemco Group of Companies
Comar LLC
Gerresheimer AG
Gil Plastic Products ltd.
Graham Packaging Co. LP
Greiner Packaging GmbH
Hitech Group
Kang-Jia Co., Ltd
KHS Group
Ningbo Jazz Packaging Co., Ltd
Resilux NV
RPC M&H PLASTICS UK
Star Plastic Industries
Takemoto Packaging. Inc.
The Plastic Bottles Company
Zhenghao Plastic & Mold Co., Ltd.

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