Global Plastic Bottles Market

Global Plastic Bottles Market Size, Share, Growth Analysis, By Material(Polyethylene Terephthalate (PET), Polypropylene (PP)), By Capacity(Less than 250 ml, 250 ml to 500 ml), By End-use(Beverage, Food), By Container Type(Bottles & jars, pails) - Industry Forecast 2023-2030


Report ID: SQMIG15G2021 | Region: Global | Published Date: March, 2024
Pages: 184 | Tables: 122 | Figures: 81

Global Plastic Bottles Market Insights

Global Plastic Bottles Market size was valued at USD 63.83 billion in 2022 and is estimated to grow from USD 67.34 billion in 2023 to USD 103.35 billion by 2031, at a CAGR of 5.5% during the forecast period (2024-2031).

Plastic bottles are highly preferred packaging material as they are both lightweight and inexpensive packaging. Plastic bottles can be produced from high-density or low-density plastic materials like PET, PP, PE, and PVC, packaging options. They are most convenient for storage and transportation of liquids and semi-liquids such as water, soft beverages, oils, milk, shampoo, medications, cosmetics, etc. Plastic bottles have gained significant popularity as a packaging option in the last couple of decades owing to the properties listed above. Thus, the rising production and sales of these items is projected to help the plastic bottles market rise significantly during the forecast period. Due to their appealing qualities, such as low cost, light weight, simple production, and impact resistance, plastic bottles have become the perfect replacements for glass bottles. The sales of plastic bottles are therefore projected to increase in the upcoming years as people become more aware of these benefits.

However, the market for plastic bottles is expected to face challenges during the above- mentioned forecast period, owing to the rising environmental awareness regarding plastic usage and various health concerns regarding bottled water, as well as from the rising concerns about global warming and plastic waste levels.

Similarly, growing investments on R&D activities for creating novel plastic bottles is likely to boost the growth of the world plastic bottles market throughout the course of the projected year. Many businesses are always working to create plastic bottles from both recycled plastic and natural sources. For instance, Dasani introduced 100% PET bottles in 2022.

US Plastic Bottles Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2024-2031

Global Market Size

USD 63.83 billion

Largest Segment

Polyethylene Terephthalate (PET)

Fastest Growth

Polypropylene (PP)

Growth Rate

5.5% CAGR

Global Plastic Bottles Market ($ Bn)
Country Share for North America Region (%)
Global Plastic Bottles Market By Material ($ Bn)
Global Plastic Bottles Market By Material (%)

To get more reports on the above market click here to Buy The Report

Global Plastic Bottles Market Segmental Analysis

Global Plastic Bottles Market is segmented based on the materials, Capacity, End-use, Container Type, and region. Based on material, the market is segmented into Polyethylene Terephthalate (PET), Polypropylene (PP), Low-Density Polyethylene (LDPE), and High-Density Polyethylene (HDPE). Based on the Capacity into Less than 250 ml, 250 ml to 500 ml, more than 500 ml. Based on End-use, the market is grouped into Beverage, Food, Cosmetics, Pharmaceutical, and Household Care. With respect to classification by container type, the market is grouped into bottles & jars, pails, tubs, cups & bowls, and others. Based on region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Analysis by Material

The PET segment dominated the global market in 2022, thus, making it one of the most widely used materials for making plastic bottles. The increasing end-user demand for PET plastic bottles because of its many advantages can be ascribed to the segment's growth. The durability and high rigidity of PET plastic bottles aid in preventing damages. PET bottles can be produced at a lower cost as compared to glass bottles since they require less safety precautions during transit. Depending on the needs of the consumer, PET plastic bottles can be used repeatedly and for unit or multiple purposes. The FDA has recognised PET bottles as durable and hygienic. In addition, they require less energy to produce than other bottles and are easy to handle.

Analysis by Application

Based on application, the beverages category dominated the global market in 2022. The increased use of plastic bottles in the beverage industry is accountable for the high demand for plastic bottles from the beverage industry. As packaged water has been tested before being packaged, most people believe that it is safe to drink. Additionally, many different brands sell a variety of beverages in PET plastic bottles, which are once more in high demand. The continuous demand for bottled water and non-alcoholic beverages has functioned as a catalyst for the expansion of the plastic bottles market over the years, and the trend is projected to continue during the forecast period.

Global Plastic Bottles Market By Material (%), 2022 (%)

To get detailed analysis on other segments, Request For Free Sample Report

Global Plastic Bottles Market Regional Insights

Due to the significant presence of numerous end-use vertical industries in the global plastic bottles market, North America emerged dominant. According to a regional study, North America is anticipated to hold the largest market share for recycled plastic bottles worldwide. PET bottles have never been in such high demand. Due to the rising environmental awareness, this region dominates the recycling business. In a country-wide preview, the developing nations are in more demand. The PET bottle recycling process is accelerating in several parts of the US. The usage of plastic bottles is widespread and in high demand across a wide range of industries, including pharmaceuticals, energy drinks, other liquids, and other packaging goods.

The Asia-Pacific region has generally made a significant impact by reducing the use of single-use plastic bottles and packaging as one of its major initiatives. However, in order to stop the pandemic from spreading, most businesses may have to turn to plastic packaging, which would put the sustainability issue on hold for the time being. China is one of the largest markets for pharmaceuticals and healthcare products in the world, largely due to the country's ageing population. By 2022, the Pharmaceutical Technology report predicted that China's pharmaceutical market would grow to almost USD 574 billion. Thus, there is a chance for domestic players to expand as a result of a potential rise in demand from these businesses for plastic bottles. A steady increase in consumption and industrial uses of plastic-made bottles are expected to drive the growth of the plastic bottles market in India, thereby helping Asia Pacific earn a significant position in the market competition.

Global Plastic Bottles Market By Region , 2024-2031
  • Largest
  • Fastest

To know more about the market opportunities by region and country, click here to
Buy The Complete Report

Global Plastic Bottles Market Dynamics

Drivers

Increase in Demand for Sustainable Plastic Bottles Augmenting Market Growth

  • The producers of the plastic bottles market employ cutting-edge techniques to recycle plastics in a way that lessens the environmental impact of carbon emissions. When a specific amount of plastic is recycled, energy is saved to the point where it could virtually charge a Tesla battery more than one hundred times. A great potential for a clean environment is that it also aids in minimising pollution.

Government laws

  • The market for plastic bottles is being driven by customers' increasing awareness of the benefits of recycled plastic bottles. Government laws, restrictions, and cutting-edge manufacturing techniques are assisting in the clean recycling of plastics. The market for plastic bottles will be driven by the predicted large-scale recycling of plastics in the near future.

Restraint

Physical Properties of Plastic may have a negative impact on environmental circumstances

  • Plastic breaks down more slowly than it is manufactured annually. Selling, shipping, melting, resolving, and shipping again are all steps in the time-consuming recycling process for plastics. In addition, harmful compounds like bisphenol-A, phthalates, and polystyrene that are included in traditional plastics can produce toxic industrial waste. These issues have a negative impact on environmental circumstances, leading to tight rules being imposed by various governments and regulatory agencies to reduce the use of plastics, which is predicted to limit market growth.

Request Free Customization of this report to help us to meet your business objectives.

Global Plastic Bottles Market Competitive Landscape

The nature of competition for the global plastic bottles market is fragmented on account of the presence of multiple players. Innovative packaging methods adopted by some players may help them gain a significant position in the overall market competition. Besides this, some other players are making heavy investments on food-grade recycled PET bottles so as to maintain environmental norms and standards imposed by various governments.

Top Player's Company Profiles

  • Amcor plc
  • Berry Global, Inc.
  • Gerresheimer AG
  • Silgan Holdings Inc.
  • Alpha Packaging
  • Plastipak Holdings, Inc.
  • CKS Packaging, Inc.
  • RESILUX NV
  • RPC Group Plc
  • AptarGroup, Inc.
  • Alpla Holding GmbH
  • Sidel Group
  • Intrapac International Corporation
  • Comar, LLC
  • M&H Plastics
  • Pretium Packaging
  • O.Berk Company, LLC
  • Aaron Packaging, Inc.
  • Tim Plastics, Inc.
  • Midwest Bottles LLC

Recent Developements

  • In December 2023, GC banded together with I.P. ONE to launch the "Vixol: Transformative Innovation for a Sustainable World" campaign, denoting the first occurrence in Thailand of reused colored plastic bottles.
  • In November 2023, the global brand Air Up® presented another line of reusable bottles for the European market, made from Eastman Tritan™ Renew. This drive further advances Air Up®'s main goal to reduce single-use plastic waste.
  • In October 2023, Coca-Cola India presented 100 percent reused PET containers for small packs.
  •  

Global Plastic Bottles Key Market Trends

  • On account of the continuous demand for bottled water and non-alcoholic beverages, the market for plastic bottles in the beverage industry is expected to expand significantly during the forecast period. The demand for bottled water is attributed to customers' predisposition to particularly seek high-quality drinking water, due to the fear of diseases as a result of drinking polluted tap water and the ease of portability and convenience afforded by bottled water. In addition to businesses that offer other beverages, retailers also sell bottled water in both emerging and well-established nations. For instance, according to the International Bottled Water Association (IBWA), Americans prefer bottled water to other packaged drinks. The alcoholic beverage industry is also projected to help the plastic bottle market. In the recent past, the wine industry has been gradually moving into plastic bottles. For example, according to EnVino, a company that produces plastic wine bottles in Burlingame, California, the containers weigh about one-eighth as much as a typical glass wine bottle and take up 20% less space. This allows winemakers to ship 30% more wine per truck while using less fuel. ​ Such efforts by market players in collaboration with end-user industries is likely to bode well for the overall revenue generation rate for the global plastic bottles market in the long run.

Global Plastic Bottles Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our plastic bottles market analysis, the report offers analysis and insights into the various factors that are anticipated to be present during the anticipated period as well as their effects on the market's expansion. The beverage segment dominated the market in 2022. The increase in demand for convenient packaging from the beverage industry is a prime growth driver boosting the global plastic bottles market.

Report Metric Details
Market size value in 2022 USD 63.83 billion
Market size value in 2031 USD 103.35 billion
Growth Rate 5.5%
Base year 2022
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Material
    • Polyethylene Terephthalate (PET), Polypropylene (PP), Low-Density Polyethylene (LDPE), High-Density Polyethylene (HDPE)
  • Capacity
    • Less than 250 ml, 250 ml to 500 ml, and more than 500 ml
  • End-use
    • Beverage, Food, Cosmetics, Pharmaceutical, and Household Care
  • Container Type
    • Bottles & jars, pails, tubs, cups & bowls, and others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Amcor plc
  • Berry Global, Inc.
  • Gerresheimer AG
  • Silgan Holdings Inc.
  • Alpha Packaging
  • Plastipak Holdings, Inc.
  • CKS Packaging, Inc.
  • RESILUX NV
  • RPC Group Plc
  • AptarGroup, Inc.
  • Alpla Holding GmbH
  • Sidel Group
  • Intrapac International Corporation
  • Comar, LLC
  • M&H Plastics
  • Pretium Packaging
  • O.Berk Company, LLC
  • Aaron Packaging, Inc.
  • Tim Plastics, Inc.
  • Midwest Bottles LLC

Recent Developements

  • In December 2023, GC banded together with I.P. ONE to launch the "Vixol: Transformative Innovation for a Sustainable World" campaign, denoting the first occurrence in Thailand of reused colored plastic bottles.
  • In November 2023, the global brand Air Up® presented another line of reusable bottles for the European market, made from Eastman Tritan™ Renew. This drive further advances Air Up®'s main goal to reduce single-use plastic waste.
  • In October 2023, Coca-Cola India presented 100 percent reused PET containers for small packs.
  •  
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Plastic Bottles Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Plastic Bottles Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Plastic Bottles Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Plastic Bottles Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Plastic Bottles Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Plastic Bottles Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Plastic Bottles Market size was valued at USD 63.83 billion in 2022 and is estimated to grow from USD 67.34 billion in 2023 to USD 103.35 billion by 2031, at a CAGR of 5.5% during the forecast period (2024-2031).

The nature of competition for the global plastic bottles market is fragmented on account of the presence of multiple players. Innovative packaging methods adopted by some players may help them gain a significant position in the overall market competition. Besides this, some other players are making heavy investments on food-grade recycled PET bottles so as to maintain environmental norms and standards imposed by various governments. 'Amcor plc', 'Berry Global, Inc.', 'Gerresheimer AG', 'Silgan Holdings Inc.', 'Alpha Packaging', 'Plastipak Holdings, Inc.', 'CKS Packaging, Inc.', 'RESILUX NV', 'RPC Group Plc', 'AptarGroup, Inc.', 'Alpla Holding GmbH', 'Sidel Group', 'Intrapac International Corporation', 'Comar, LLC', 'M&H Plastics', 'Pretium Packaging', 'O.Berk Company, LLC', 'Aaron Packaging, Inc.', 'Tim Plastics, Inc.', 'Midwest Bottles LLC', 'In December 2023, GC banded together with I.P. ONE to launch the "Vixol: Transformative Innovation for a Sustainable World" campaign, denoting the first occurrence in Thailand of reused colored plastic bottles.', 'In November 2023, the global brand Air Up® presented another line of reusable bottles for the European market, made from Eastman Tritan™ Renew. This drive further advances Air Up®'s main goal to reduce single-use plastic waste.', 'In October 2023, Coca-Cola India presented 100 percent reused PET containers for small packs.', ' '

The producers of the plastic bottles market employ cutting-edge techniques to recycle plastics in a way that lessens the environmental impact of carbon emissions. When a specific amount of plastic is recycled, energy is saved to the point where it could virtually charge a Tesla battery more than one hundred times. A great potential for a clean environment is that it also aids in minimising pollution.

On account of the continuous demand for bottled water and non-alcoholic beverages, the market for plastic bottles in the beverage industry is expected to expand significantly during the forecast period. The demand for bottled water is attributed to customers' predisposition to particularly seek high-quality drinking water, due to the fear of diseases as a result of drinking polluted tap water and the ease of portability and convenience afforded by bottled water. In addition to businesses that offer other beverages, retailers also sell bottled water in both emerging and well-established nations. For instance, according to the International Bottled Water Association (IBWA), Americans prefer bottled water to other packaged drinks. The alcoholic beverage industry is also projected to help the plastic bottle market. In the recent past, the wine industry has been gradually moving into plastic bottles. For example, according to EnVino, a company that produces plastic wine bottles in Burlingame, California, the containers weigh about one-eighth as much as a typical glass wine bottle and take up 20% less space. This allows winemakers to ship 30% more wine per truck while using less fuel. ​ Such efforts by market players in collaboration with end-user industries is likely to bode well for the overall revenue generation rate for the global plastic bottles market in the long run.

Due to the significant presence of numerous end-use vertical industries in the global plastic bottles market, North America emerged dominant. According to a regional study, North America is anticipated to hold the largest market share for recycled plastic bottles worldwide. PET bottles have never been in such high demand. Due to the rising environmental awareness, this region dominates the recycling business. In a country-wide preview, the developing nations are in more demand. The PET bottle recycling process is accelerating in several parts of the US. The usage of plastic bottles is widespread and in high demand across a wide range of industries, including pharmaceuticals, energy drinks, other liquids, and other packaging goods.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Plastic Bottles Market

Product ID: SQMIG15G2021

$5,300
BUY NOW GET FREE SAMPLE