Plastic Bottles & Containers Market by Raw Material, Type, Verticals

Description

List of Tables

[181 Pages Report] The Plastic Bottles & Containers Market size was estimated at USD 16.23 billion in 2023 and expected to reach USD 16.90 billion in 2024, at a CAGR 4.33% to reach USD 21.84 billion by 2030.

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.

KEY MARKET STATISTICS
Base Year [2023]	USD 16.23 billion
Estimated Year [2024]	USD 16.90 billion
Forecast Year [2030]	USD 21.84 billion
CAGR (%)	4.33%

Type: Growing usage of bottles & jars due to their lightweight, durability, and versatility

Plastic bottles & jars represent a substantial segment of the plastic container market. These containers are preferred for their lightweight, durability, and versatility. Commonly used for beverages, pharmaceuticals, and personal care products, bottles & jars are available in various sizes and designs to cater to industry-specific needs. Pails, commonly known as buckets, are utilized for various commercial and industrial applications, from paints and adhesives to food products. Customers prefer pails for their robustness and their capacity to contain larger volumes. The convenience of resealing and reusing, along with easy stacking and storage options, makes them a practical choice for businesses. The segment consisting of tubs, cups, & bowls caters mainly to the food and hospitality sector, encompassing packaging for dairy products, snacks, and ready-to-eat meals. Given the growth in the convenience food sector and an increase in takeaway services, demand for these containers has risen sharply. Customers opt for such packaging for its convenience, ease of transport, and often microwave-safe properties.

Verticals: Increasing potential of microwave-safe, BPA-free, and aesthetically pleasing designs plastic bottle & jars across the food sector

The beverage sector heavily relies on plastic bottles for water, soft drinks, juice, and alcoholic beverages. Typically, consumers in this segment prioritize durability, recyclability, and cost-effectiveness. Lightweight bottles are preferred to reduce shipping costs and the environmental footprint. The cosmetics industry requires attractive and customizable plastic containers to enhance brand value. These bottles are often smaller, and there is an emphasis on aesthetic design and functionality. Companies such as Albea and Rexam specialize in these premium packaging options. In the FMCG vertical, products such as household cleaners, toiletries, and other personal care items often use plastic containers. The focus is on functionality, mass production capacity, and cost optimization. Food-grade plastic containers must assure safety and extend shelf life. There is a demand for microwave-safe, BPA-free, and aesthetically pleasing designs. The pharmaceutical industry requires highly regulated packaging to ensure product safety and integrity. Plastic bottles for pharmaceuticals must comply with stringent health standards and usually have features including child resistance and tamper-evidence.

Regional Insights

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.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Plastic Bottles & Containers Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Plastic Bottles & Containers Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

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..

Market Segmentation & Coverage

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

Raw Material
- HDPE
- LDPE
- PET
- PP

Type
- Bottles & Jars
- Pails
- Tubs, Cups & Bowls

Verticals
- Beverage
- Cosmetics
- FMCG
- Food
- Pharmaceutical

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Plastic Bottles & Containers Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Plastic Bottles & Containers Market?

3. What are the technology trends and regulatory frameworks in the Plastic Bottles & Containers Market?

4. What is the market share of the leading vendors in the Plastic Bottles & Containers Market?

5. Which modes and strategic moves are suitable for entering the Plastic Bottles & Containers Market?

Product Code: MRR-FD3F12D53EEF

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing Adoption of Lightweight Packaging Materials
  - 5.1.1.2. Rising Urbanization and Increasing Spending on FMCG products
  - 5.1.1.3. Rising Product Demand for Plastic Containers for Pharmaceutical use
- 5.1.2. Restraints
  - 5.1.2.1. Certain Limitations Associated with Plastics and Increasing Price of Raw Materials
- 5.1.3. Opportunities
  - 5.1.3.1. Growing Adoption of Biodegradable and Aseptic Plastic Packaging
  - 5.1.3.2. Increasing Investment in Plastic Bottle Production and its Recycling Activities
- 5.1.4. Challenges
  - 5.1.4.1. Stringent Rules & Regulations Toward the Usage of PET Containers
5.2. Market Segmentation Analysis
- 5.2.1. Type: Growing usage of bottles & jars due to their lightweight, durability, and versatility
- 5.2.2. Verticals: Increasing potential of microwave-safe, BPA-free, and aesthetically pleasing designs plastic bottle & jars across the food sector
5.3. Market Trend Analysis
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization

6. Plastic Bottles & Containers Market, by Raw Material

6.1. Introduction
6.2. HDPE
6.3. LDPE
6.4. PET
6.5. PP

7. Plastic Bottles & Containers Market, by Type

7.1. Introduction
7.2. Bottles & Jars
7.3. Pails
7.4. Tubs, Cups & Bowls

8. Plastic Bottles & Containers Market, by Verticals

8.1. Introduction
8.2. Beverage
8.3. Cosmetics
8.4. FMCG
8.5. Food
8.6. Pharmaceutical

9. Americas Plastic Bottles & Containers Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Plastic Bottles & Containers Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Plastic Bottles & Containers Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. GC collaborates with I.P. ONE to launch the "Vixol: Transformative Innovation for Sustainable World" campaign
- 12.3.2. Sidel Launches new PET Bottle for Dairy Products
- 12.3.3. Coca-Cola India Launches 100% Recycled PET Bottles

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio