Parent Market Analysis
Technavio categorizes the global plastic container market as a part of the global metal and glass containers market within the global materials market.
Technavio uses the total revenue generated by manufacturers to estimate the global plastic container market size. External factors influencing the parent market's growth potential in the coming years have been thoroughly investigated in our research analysis, to know more about the levels of growth of the plastic container market throughout the forecast period, Download a free sample.
Plastic Container Market Value Chain Analysis
To maximize profit margins and evaluate business plans, an end-to-end understanding of plastic containers is required. The report will help vendors drive costs and enhance customer services during the forecast period.
- Inputs
- Inbound logistics
- Operations
- Outbound logistics
- Marketing and sales
- Service
- Support activities
- Innovation
To unlock information about vendor drive costs and customer service, download our free sample report.
Vendor Insights
The plastic container market is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market. To make the best of the opportunity, the market vendors should focus more on the fast-growing segment's growth prospect while maintaining their positions in the slow-growing segments.
We provide a detailed analysis of vendors operating in the plastic container market, including some of the vendors such as Alpha Plastics Inc., ALPLA Werke Alwin Lehner GmbH & Co KG, Altium Packaging LLC, Amcor Plc, Berry Global Inc., CKS Packaging Inc., Graham Packaging Co., Greiner Packaging International GmbH, Plastipak Holdings Inc., Silgan Holdings Inc.
Backed with competitive intelligence and benchmarking, our research reports on the plastic container market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Product Insights and News
- Alpha Plastics Inc. - Offers a wide range of plastic containers such as HDPE, HDPE PCR, PET, and PP plastic containers.
- ALPLA Werke Alwin Lehner GmbH & Co KG. - Offers plastic bottles for water, PET Rectangular Gallon with handle, Alcohol Beverage, PET Florida, Water, Milk, and Juice Gallon and Light Weight Water Gallon.
- Altium Packaging LLC. - Offers dura-lite plastic containers for dairy, water, and beverage that sustainably reduces resin usage by 5-20 percent.
The plastic container market forecast report offers in-depth insights into key vendor profiles and offerings – Download Free Sample Report
Geographical Highlights
The plastic container market share growth in APAC will be significant during the forecast period. China and India are the key markets for plastic containers in APAC. Market growth in this region will be faster than the growth of the market in Europe, North America, MEA, and South America.
APAC accounted for more than 40% share of the global demand for plastic containers in 2021, owing to the strong demand from economies such as China and India, which has been increasing above the world's average. Major APAC countries such as Japan and South Korea have a steady demand for plastic containers. Because of low-cost labor and strong backing from the Chinese government, China has emerged as the world's hub for the manufacture of low-value mass-produced items. China is also a popular location for the production and export of low-grade, low-value plastics. China's growth rate is still higher than the global average, and it will be the main demand generator in APA C.
Moreover, countries like the US, China, Germany, India, and France are the key market for the plastic container market in APAC, owing to the availability of low-cost containers market in this region.
To unlock the top strategies practiced by the maximum growth generating region, View Sample Report
Key Market Dynamics-
- Plastic Container Key Market Drivers:
- Rising demand for rigid plastic packaging from the food and beverage industry
During storage, elements such as severe temperature and moisture contaminate the food and cause it to lose nutrients. Food deterioration at the retail level costs the food business more than USD 14 billion per year. This has prompted several vendors to offer stiff plastic packaging to food and beverage companies. For example, the Sonoco products company provides hinged and lidded containers for food products, such as salad containers, to keep them fresh, natural, and healthy for a long time. Furthermore, these containers include an integrated film lidding option, making it simple for customers to open and reseal them. Such factors will increase the demand for these containers, which will support the growth of the global plastic container market during the forecast period.
- Plastic Container Key Market Trends:
- High adoption of plastic containers by the food and beverage industry
Food contamination during storage is a big concern for the food industry because it is a perishable commodity. Temperature and moisture have an impact on the nutrients in food. Food deterioration at the retail level costs the food sector more than $14 billion per year. This can be minimized to some extent by utilizing appropriate packaging materials, which will also increase the product's shelf life. It encourages a variety of vendors to offer rigid plastic packaging to food and beverage companies. These containers include an integrated film lidding option, making it simple for customers to open and reseal them. Additionally, they offer side vents for cooling and moisture management. These factors will aid in the growth of the global plastic container market during the forecast period.
Download a free sample for highlights on market Drivers & Trends affecting the plastic container market.
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Plastic Container Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.95% |
Market growth 2022-2026 |
$ 76.65 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.65 |
Regional analysis |
APAC, Europe, North America, MEA, and South America |
Performing market contribution |
APAC at 49% |
Key consumer countries |
US, China, Germany, India, and France |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Alpha Plastics Inc., ALPLA Werke Alwin Lehner GmbH & Co KG, Altium Packaging LLC, Amcor Plc, Berry Global Inc., CKS Packaging Inc., Graham Packaging Co., Greiner Packaging International GmbH, Plastipak Holdings Inc., and Silgan Holdings Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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