Global Plastic Bottles/Containers Market 2015 - Market Trends and Forecasts to 2020 for the $388 Billion Industry
DUBLIN, Sept. 7, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/l5wk47/global_plastic) has announced the addition of the "Global Plastic Bottles/Containers Market - By Regions and Vendors - Market Trends and Forecasts 2014 - 2020" report to their offering.
The global production of plastic containers in 2014 was 50.1MMT and is estimated to reach 67.9MMT by 2020,at a CAGR of 5.2%,while in terms of revenue, the market was worth $273.15 billion in 2014 and is projected to reach $388.35 billion in 2020, at a compound annual growth rate of 6%.
Plastic Containers are manufactured by various blow molding processes such as Extrusion blow molding, Injection blow molding, Stretch blow molding. These bottles/containers use various resins like PET, PP, HDPE, LDPE, and others as raw materials.
Beverages industry leads the market in the developed regions like US and Europe,with a market share of 40-45% in 2014 while, on the other hand, in the emerging regions Pharmaceutical industry had a share of 22% and FMCG sector had 30% share during the same period. End use industries like health care and bottled water are increasing the usage of plastics, and thus, with its growing market, the plastic container market is expected to increase. Food and Beverages industry constitute around 50-55% of the total plastic bottles usage globally.
Factors like low carbon footprint, demographics are driving the PET bottles industry. For instance, Cosmetics industry which mainly uses glass as a packaging material earlier is slowly being substituted by PET bottles.But, on the other hand, paper packaging products like tetra packs are being substituted with plastic
Key Topics Covered:
1. Introduction
2. Executive Summary
2. Market Overview
3. Market Dynamics
4. Plastic Bottles/Containers Market Segmentation, Forecasts and Trends - by Volume, by Revenue
5. Global Vendor Market Share Analysis
6. Supplier Intelligence - Profiles
7. Investment Analysis
Companies Mentioned
- Alpack - Alpha Packaging - Amcor - Bericap - Berry Plastics - Constar International - Container Corporation of Canada - Cospack - Graham Packaging - International Packaging - Ontario Plastic Container - Plastipak Packaging - Rexam
For more information visit http://www.researchandmarkets.com/research/l5wk47/global_plastic
Media Contact:
Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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