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Plastic Containers Trends and Forecast
The future of the global plastic containers market looks promising with opportunities in the beverages, food, pharmaceuticals & cosmetics, and FMCG markets. The global plastic containers market is expected to reach an estimated $88.4 billion by 2030 with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are growing adoption of rigid plastic containers for packaging in the food and beverage industry and expanding pharmaceutical sector to fuel demand for drugs and pharmaceutical packaging.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Plastic Containers by Segment
The study includes a forecast for the global plastic containers by material, container type, end use, and region.
Plastic Containers Market by Material [Shipment Analysis by Value from 2018 to 2030]:
• Polyethylene Terephthalate
• Polypropylene
• High-Density Polyethylene
• Low-Density Polyethylene
• Others
Plastic Containers Market by Container Type [Shipment Analysis by Value from 2018 to 2030]:
• Bottles & Jars
• Pails
• Tubs, Cups & Bowls
• Others
Plastic Containers Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Beverages
• Food
• Pharmaceuticals & Cosmetics
• FMCG
• Others
Plastic Containers Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Plastic Containers Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies plastic containers companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the plastic containers companies profiled in this report include-
• ALPLA
• Alpha Packaging
• Amcor
• Plastipak Holdings
• Graham Packaging Company
• Berry Global
• Greiner Packaging
• Shanghai Zijiang Enterprise
• Visy Industries
• Zhuhai Zhongfu Industrial
Plastic Containers Market Insights
Lucintel forecasts that polyethylene terephthalate will remain the largest segment over the forecast period due to favorable choice among packaging consumers.
Within this market, beverages will remain the largest segment due to the surging need for on-the-go beverage options.
APAC is expected to witness highest growth over the forecast period due to the upward trend in consumer expenditure on carbonated drinks.
Features of the Global Plastic Containers Market
Market Size Estimates: Plastic containers market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Plastic containers market size by material, container type, end use, and region in terms of value ($B).
Regional Analysis: Plastic containers market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material, container type, end use, and regions for the plastic containers market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the plastic containers market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the plastic containers market size?
Answer: The global plastic containers market is expected to reach an estimated $88.4 billion by 2030.
Q2. What is the growth forecast for plastic containers market?
Answer: The global plastic containers market is expected to grow with a CAGR of 5.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the plastic containers market?
Answer: The major drivers for this market are growing adoption of rigid plastic containers for packaging in the food and beverage industry and expanding pharmaceutical sector to fuel demand for drugs and pharmaceutical packaging.
Q4. What are the major segments for plastic containers market?
Answer: The future of the plastic containers market looks promising with opportunities in the beverages, food, pharmaceuticals & cosmetics, and FMCG markets.
Q5. Who are the key plastic containers market companies?
Answer: Some of the key plastic containers companies are as follows:
• ALPLA
• Alpha Packaging
• Amcor
• Plastipak Holdings
• Graham Packaging Company
• Berry Global
• Greiner Packaging
• Shanghai Zijiang Enterprise
• Visy Industries
• Zhuhai Zhongfu Industrial
Q6. Which plastic containers market segment will be the largest in future?
Answer: Lucintel forecasts that polyethylene terephthalate will remain the largest segment over the forecast period due to favorable choice among packaging consumers.
Q7. In plastic containers market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to the upward trend in consumer expenditure on carbonated drinks.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the plastic containers market by material (polyethylene terephthalate, polypropylene, high-density polyethylene, low-density polyethylene, and others), container type (bottles & jars, pails, tubs, cups & bowls, and others), end use (beverages, food, pharmaceuticals & cosmetics, FMCG, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Plastic Containers Market, Plastic Containers Market Size, Plastic Containers Market Growth, Plastic Containers Market Analysis, Plastic Containers Market Report, Plastic Containers Market Share, Plastic Containers Market Trends, Plastic Containers Market Forecast, Plastic Containers Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Plastic Containers Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Plastic Containers Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Plastic Containers Market by Material
3.3.1: Polyethylene Terephthalate
3.3.2: Polypropylene
3.3.3: High-Density Polyethylene
3.3.4: Low-Density Polyethylene
3.3.5: Others
3.4: Global Plastic Containers Market by Container Type
3.4.1: Bottles & Jars
3.4.2: Pails
3.4.3: Tubs, Cups & Bowls
3.4.4: Others
3.5: Global Plastic Containers Market by End Use
3.5.1: Beverages
3.5.2: Food
3.5.3: Pharmaceuticals & Cosmetics
3.5.4: FMCG
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Plastic Containers Market by Region
4.2: North American Plastic Containers Market
4.2.2: North American Plastic Containers Market by End Use: Beverages, Food, Pharmaceuticals & Cosmetics, FMCG, and Others
4.3: European Plastic Containers Market
4.3.1: European Plastic Containers Market by Material: Polyethylene Terephthalate, Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, and Others
4.3.2: European Plastic Containers Market by End Use: Beverages, Food, Pharmaceuticals & Cosmetics, FMCG, and Others
4.4: APAC Plastic Containers Market
4.4.1: APAC Plastic Containers Market by Material: Polyethylene Terephthalate, Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, and Others
4.4.2: APAC Plastic Containers Market by End Use: Beverages, Food, Pharmaceuticals & Cosmetics, FMCG, and Others
4.5: ROW Plastic Containers Market
4.5.1: ROW Plastic Containers Market by Material: Polyethylene Terephthalate, Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, and Others
4.5.2: ROW Plastic Containers Market by End Use: Beverages, Food, Pharmaceuticals & Cosmetics, FMCG, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Plastic Containers Market by Material
6.1.2: Growth Opportunities for the Global Plastic Containers Market by Container Type
6.1.3: Growth Opportunities for the Global Plastic Containers Market by End Use
6.1.4: Growth Opportunities for the Global Plastic Containers Market by Region
6.2: Emerging Trends in the Global Plastic Containers Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Plastic Containers Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Plastic Containers Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: ALPLA
7.2: Alpha Packaging
7.3: Amcor
7.4: Plastipak Holdings
7.5: Graham Packaging Company
7.6: Berry Global
7.7: Greiner Packaging
7.8: Shanghai Zijiang Enterprise
7.9: Visy Industries
7.10: Zhuhai Zhongfu Industrial
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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