Plastic Bottles and Containers Market research report helps in growing sales with new thinking, new skills, and innovative programs and tools. With the study of competitor analysis, FMCG industry can get know how of the strategies of key players in the market that includes but are not limited to new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions. A comprehensive data and information provided in the report can be utilized by industry to be acquainted with the present and upcoming opportunities and clarify the future investment in the market. Plastic Bottles and Containers Market report will act as a sure shot solution to the challenges and problems faced by industry.
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.
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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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