Plastic Bottles and Containers Market Size, Share & Forecast | USD 142.0 billion by 2027

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Market Research Report EXCLUSIVE EDITION
Global Plastic Bottles and Containers Market
Report Opportunities, and Forecast By 2030
Global Industry Analysis, Forecast and Trends,
2022-2030
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Plastic Bottles and Containers Market
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Plastic Bottles and Containers Market 2021
Industry Size, Regions, Emerging Trends, Growth
Insights, Opportunities, and Forecast By 2027
Plastic Bottles and Containers Market by Raw
Material (PP, LDPE, HDPE, PET, and Other Raw
Materials), by End-Users (Food, Pharmaceuticals,
Cosmetics, Beverages, Household Care, and Other
End-user), by Region Global Share and Forecast
to 2027 Description The global plastic bottles
and containers market was valued at USD 104.2
billion in 2020, and it is expected to reach USD
142.0 billion by 2027 while registering a CAGR of
5.3 from 2021 to 2027. Plastic packaging is
becoming popular among consumers as plastic
packaging is lightweight and easier to handle.
Manufacturers prefer to use plastic packaging
solutions, owing to their lower cost of
production. Furthermore, introducing polyethylene
terephthalate (PET) and high- density
polyethylene (HDPE) polymers expands the plastic
bottling applications. The market is witnessing
a growing demand for PET bottles in the bottled
and soft water markets.
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Plastic is widely recognized, and a wide range of
creative, cost-effective, and ecological
packaging options are emerging in the market. As
a result, leading companies such as Amcor have
introduced new plastic product shapes to meet
the growing need for bottles and containers.
Manufacturers prefer PET over other plastic
packaging materials because it loses the least
raw material throughout the manufacturing
process. Its recyclability and ability to be
customized with various colors and designs make
it a popular option. Refillable goods have grown
in popularity as consumer knowledge of
environmental problems has increased. However,
during the projection period, changing regulatory
standards, fluctuating raw material costs, rising
trash levels, and increasing environmental waste
laws are projected to stifle market expansion.
The same is anticipated to provide organizations
operating in this market sector with an
opportunity to produce new items that might be
disrupted and manage the market's current
threats. Request Sample Copy of this Report
https//www.marketstatsville.com/request-sample/pl
astic- bottles-and-containers-market Global
Plastic Bottles and Containers Market
Dynamics Drivers Increasing Adoption of
Lightweight Packaging Methods Plastics are
valued for their low weight. According to
Custom-Pak, although plastics are used for
packaging more than half of all European goods,
they account for just 17 percent of total
packaging weight. According to Custom- research
Pak's on the effects of substituting plastic with
alternatives (such as steel, aluminum, cloth,
glass, rubber, paper, and paperboard),
replacements are 4.5 times heavier on average. To
produce the same style of packaging, the
alternatives demand significantly higher material
production.
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The lightweight property of plastic is driving
the growth of plastic packaging in Europe. Glass
is much heavier than plastic, which means more
trips would be required while transporting. This
translates to a more significant environmental
impact. Glass is also much heavier for the end
consumer, whereas plastic is lightweight and much
easier to carry. A plastic two fl. oz bottle
weighs only 0.023 lbs, while its glass
counterpart weighs 0.177 lbs. Though this is
a small difference when analyzing a single
bottle, it can add up to significant figures that
impact a companys profit margin when ordering
pallets in bulk. Even with extreme care in
shipping, some glass bottles may break during
handling. Restraints Environmental Concerns
Regarding the Use of Plastics Plastic pollution
has now become a worldwide issue. Several studies
have documented the negative consequences of
plastic on the environment. As a result, Europe
has enacted restrictions aimed at reducing the
usage of plastics. The public's knowledge of the
negative consequences of plastic use has risen
dramatically during the last decade. Many
government-led public awareness campaigns and
initiatives have resulted in enhanced public
knowledge. As a result, in recent years, the
usage of plastic packaging has increased
significantly. For example, the Food Safety and
Standard Authority of India (FSSAI) examined
crucial measures in October 2019 to restrict
plastic in food packaging. The government is
looking at the idea of imposing rules on tiny
packs of goods like water bottles. Furthermore,
the authority intends to eliminate laws
prohibiting the use of non- transparent bottles
for drinking water, allowing firms to explore the
possibility of utilizing alternatives to the PET
bottles presently in use.
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• Scope of the Report
• The study categorizes the plastic bottles and
  containers market based on raw material and
  end-users at the
• regional and global levels.
• Direct Purchase Report https//www.marketstatsvil
  le.com/buy-now/plastic-bottles-and-containers-
  market?opt2950
• By Raw Material Outlook (Sales, USD Million,
  2017-2027)
• PET
• PP
• LDPE
• HDPE
• Other Raw Materials
• By End-Users Outlook (Sales, USD Million,
  2017-2027)
• Beverages
• Food

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• By Region Outlook (Sales, USD Million, 2017-2027)
• North America (US, Canada, Mexico)
• South America (Brazil, Argentina, Colombia, Peru,
  Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain,
  Poland, Russia, Slovenia, Slovakia, Hungary,
  Czech Republic, Belgium, the Netherlands,
  Norway, Sweden, Denmark, Rest of Europe)
• Asia Pacific (China, Japan, India, South Korea,
  Indonesia, Malaysia, Thailand, Vietnam, Myanmar,
  Cambodia, the
• Philippines, Singapore, Australia New Zealand,
  Rest of Asia Pacific)
• The Middle East Africa (Saudi Arabia, UAE,
  South Africa, Northern Africa, Rest of MEA)
• Access full Report Description, TOC, Table of
  Figure, Chart,
• etc https//www.marketstatsville.com/table-of-con
  tent/plastic-bottles-and-containers-market
• The PET segment is projected to account for the
  largest market share by raw material
• Based on raw material, the global plastic bottles
  and containers market is divided into PET, PP,
  LDPE, HDPE, and Other Raw Materials. In 2020,
  the PET segment accounted for the largest market
  share of 62.9 in the global plastic bottles and
  containers market. Compared to glass, PET may
  save up to 90 in weight, allowing for a more
  cost-effective shipping method. PET plastic
  bottles increasingly replace heavy and fragile
  glass bottles because they provide reusable
  packaging for mineral water and other beverages.
  Bottled water is the most popular beverage in
  the United States, according to the International
  Bottled Water Association (by volume). According
  to a survey by the International Bottled Water
  Association (IBWA), bottled water sales in the
  United States have increased by 8.8 percent to
  USD 18.5 billion. With a 6.2 percent rise, per
  capita use of bottled water now surpasses 42
  gallons. With this upward trend expected to
  continue, the need for PET in bottled water
  packaging is expected to rise.

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In June 2019, Coca-Colas joint venture partner
Hellenic Bottling Company introduced Valser, its
third European water brand, exclusively in rPET
bottles. This sustainable strategy of Coca-Cola
may replace nearly 10,000 metric tons of virgin
plastic in the EU countries, where these products
are sold primarily. The company aims to make all
its consumer packaging 100 recyclable by 2025
and ensure the packaging is made of at least 50
recycled material by 2030. Asia Pacific
accounts for the highest CAGR during the forecast
period Based on the regions, the global plastic
bottles and containers market has been segmented
across North America, Asia-Pacific, Europe,
South America, and the Middle East Africa.
Globally, Asia Pacific is estimated to hold the
highest CAGR of 5.9 in the global plastic
bottles and containers market during the
forecast period. One of the most important
projects in the Asia-Pacific area has been to
reduce single-use plastic bottles and packaging
in general. However, to stop the pandemic's
spread, businesses may turn to plastic
packaging, putting the sustainability issue on
hold for the time being. Request For Report
Description https//www.marketstatsville.com/plas
tic-bottles-and- containers-market
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