The global plastic bottles market is estimated to grow at a CAGR of nearly 4.5% during the forecast period. Some major factors contributing to the market growth include rising demand for plastic packaging and emerging application in the pharmaceutical and cosmetics industry. Plastic resins are used in a range of container and packaging products, including high-density polyethylene (HDPE) bottles for milk and water and polyethylene terephthalate (PET) beverage bottles. In addition, a comprehensive range of other resins is used in other plastic containers, wraps, bags, sacks, and lids. Plastics are found in all major Municipal Solid Waste (MSW) categories. As per the US Environmental Protection Agency (US EPA), in 2017, the packaging and containers category had the most plastic tonnage at more than 14 million tons in the US. This category comprises sacks and wraps, bags, HDPE natural bottles, PET bottles and jars; and other containers.
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As per the London Borough of Hounslow (UK Government), nearly 35.8 million plastic bottles are used every day in UK, however, only 19.8 million of these bottles are recycled. Plastic is the major contributor of waste generation. As a result, several countries are taking initiatives to collect all plastic for recycling purpose and develop technologies for plastic recycling. New technology is developed by the Indian Institute of Technology, Hyderabad (IIT-H) for recycling of waste polystyrene (PS) with the use of citrus peel extract, an agriculture waste and develop it into a non-woven fabric. Polystyrene is a non-biodegradable material that has a severe impact on the environment and health as a waste. This fabric is hydrophobic and can selectively absorb oil.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- 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
Global Plastic Bottles Market by Raw Material
- Polyethylene Terephthalate (PET)
- Polypropylene (PP)
- High-density Polyethylene (HDPE)
- Low-density Polyethylene (LDPE)
- Others
Global Plastic Bottles Market by Application
- Food and Beverages
- Cosmetics
- Pharmaceutical
- Household
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- AG Poly Packs Pvt. Ltd.
- Alpha Packaging
- Alpla Werke Alwin Lehner GmbH & Co KG
- Altium Packaging
- Amcor plc
- BERICAP Holding GmbH
- Berry Global Group, Inc.
- Chemco Group of Companies
- Comar, LLC
- Cospack America Corp.
- Gerresheimer AG
- Gil Plastic Products Ltd.
- Graham Packaging Co.
- Greiner Packaging GmbH
- Hitech Group
- Ningbo Jazz Packaging Co., Ltd.
- Plastipak Holdings, Inc.
- RESILUX NV
- Star Plastic Industries
- Takemoto Packaging. Inc.
- Unilever Group
- YuHuan Kang-Jia Enterprise Co., Ltd.
- Zhenghao Plastic & Mold Co., Ltd.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global plastic bottles market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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