Plastic Bottles & Containers Market worth $21.84 billion by 2030, growing at a CAGR of 4.33% - Exclusive Report by 360iResearch

The "Plastic Bottles & Containers Market by Raw Material (HDPE, LDPE, PET), Type (Bottles & Jars, Pails, Tubs, Cups & Bowls), Verticals - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Plastic Bottles & Containers Market to grow from USD 16.23 billion in 2023 to USD 21.84 billion by 2030, at a CAGR of 4.33%.

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Plastic bottles & containers are used in various sectors, such as beverages, personal care, pharmaceuticals, household cleaners, and food. These products come in different shapes, sizes, and plastics, including PET, PE, PVC, and others, catering to diverse application needs. A surge in demand for convenient, lightweight, and durable packaging solutions is driving the demand for plastic bottles & containers. The continuous expansion of the e-commerce sector is rising, and the usage of plastic bottles & containers is driving the market growth. Increasing awareness about health and hygiene post-pandemic, accelerating the need for personal care and pharmaceutical packaging, subsequently driving the market growth. Technological advancements that allow for better recycling and upcycling of plastic containers are expanding the scope of the market. Plastic pollution and the environmental footprint of plastic production and disposal of plastic bottles & containers hampers the growth of the market. The growing development of new materials that are biodegradable and have a lower environmental impact is expected to create opportunities for market growth.

The Americas represents a highly developing landscape for the plastic bottles & containers market with the rising consumption and production of plastic bottles & containers, motivated by sectors such as beverages, personal care, and pharmaceuticals. Customer purchasing behavior is manifesting a preference for eco-friendly packaging, with companies investing in sustainable technologies. South America presents a significant demand for recyclable and eco-friendly plastic solutions, especially in urban centers. Consumers in the region have shown heightened environmental awareness influencing their purchasing decisions. The European Union is at the forefront of environmental legislation, imposing strict standards on the production and disposal of plastic containers. This regulatory environment, combined with high consumer environmental consciousness, has led to a surge in demand for recyclable and reusable plastic solutions. The EU has seen considerable research and investment in circular economy practices, driving innovation in waste reduction and resource efficiency in the packaging industry. The Middle East has shown growth in the plastic bottle market, primarily due to its burgeoning beverage industry and urbanization. Africa presents a diverse and growing market, with demand driven primarily by the beverage and consumer goods sectors. While the continent has vast potential for market expansion, it also faces challenges related to waste management and recycling infrastructure. The Asia Pacific region serves as a significant hub for the manufacturing and consumption of plastic bottles & containers. In China and India, the rapidly growing FMCG and pharma sectors fuel demand for plastic packaging. Despite this, both countries face challenges linked to plastic waste, with policy and consumer sentiment pushing towards sustainable packaging solutions. Japan, on the other hand, is recognized for its technological advancements and sophisticated consumer market.

Market Segmentation & Coverage:

This research report categorizes the Plastic Bottles & Containers Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Raw Material, market is studied across HDPE, LDPE, PET, and PP. The PET commanded largest market share of 34.21% in 2023, followed by PP.

Based on Type, market is studied across Bottles & Jars, Pails, and Tubs, Cups & Bowls. The Bottles & Jars commanded largest market share of 43.00% in 2023, followed by Tubs, Cups & Bowls.

Based on Verticals, market is studied across Beverage, Cosmetics, FMCG, Food, and Pharmaceutical. The FMCG commanded largest market share of 31.92% in 2023, followed by Food.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 35.15% in 2023, followed by Asia-Pacific.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Plastic Bottles & Containers Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Plastic Bottles & Containers Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Plastic Bottles & Containers Market, highlighting leading vendors and their innovative profiles. These include Aaron Packaging, Inc., Airlite Plastics Co., ALPLA Werke Alwin Lehner GmbH & Co. KG, Altium Packaging LP, Amcor PLC, Berry Global Inc., CKS Packaging, Inc., Drug Plastics Group, Esterform Ltd, Frapak Packaging b.v., Gerresheimer AG, Gil Plastic Products Ltd., Graham Packaging Company, L.P., Greiner Packaging International GmbH, Induplast Spa, KHS GmbH, Mpact Limited Group, Nolato AB, Plastipak Holdings, Inc., Polycon International Limited, Pretium Packaging, Resilux NV, Saniton Plastic LLC, Silgan Holdings Inc., Sonoco Products Company, Visy Group, and YuHuan Kang-Jia Enterprise Co., Ltd..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Plastic Bottles & Containers Market, by Raw Material
7. Plastic Bottles & Containers Market, by Type
8. Plastic Bottles & Containers Market, by Verticals
9. Americas Plastic Bottles & Containers Market
10. Asia-Pacific Plastic Bottles & Containers Market
11. Europe, Middle East & Africa Plastic Bottles & Containers Market
12. Competitive Landscape
13. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Plastic Bottles & Containers Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Plastic Bottles & Containers Market?
3. What is the competitive strategic window for opportunities in the Plastic Bottles & Containers Market?
4. What are the technology trends and regulatory frameworks in the Plastic Bottles & Containers Market?
5. What is the market share of the leading vendors in the Plastic Bottles & Containers Market?
6. What modes and strategic moves are considered suitable for entering the Plastic Bottles & Containers Market?

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