250 Pages Plastic Containers Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
The global COVID-19 pandemic has turned several industries upside down by causing disruptions in their daily operations and limiting the supply of raw materials, hampering production and growth.
The report offers actionable and valuable market insights of Plastic Containers. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Plastic Containers Market across various industries and regions.
Plastic container manufacturers are witnessing a spike in demand owing to the rise in requirement for single-use packaging. Being light-weighted, affordable, and non-reactant, plastic containers are finding applications across the spectrum – from beverages to bottled water.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Plastic Containers market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Plastic Containers
This newly published and insightful report sheds light on Market Insights of Plastic Containers, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Plastic Containers Market.
The global plastic containers market is highly competitive. In order to capitalize on the growing opportunities, the key market players are started with launching wide varieties of quality products.
For instance,
Alpha Packaging Holdings Incorporated launched its new extensive range of PET products such as PET Honey Bears, Black PET Sample Pack, and others in the last year in order to draw potential consumers. They are also providing Plastic Comparison Chart to their client to let them get access to the correct information about their plastic containers
Linpac Group Ltd launched its new extensive range of plastic containers such as Vertifresh-Flexible Packaging, Hotpacs boxes & trays, and others in 2020
CKS Packaging Incorporated launched their new range of plastic containers of various sizes such as 128 oz 8 Pint Jar Naugatuck, CT, 96 oz 6 Pint Jar Naugatuck, CT, 48 oz 3 Pint Jar Naugatuck, CT, and others in the last year
Sonoco Products Company launched its new exclusive range of plastic containers such as Hinged & Lidded Rigid Plastic Containers, In-Mold Label Containers, Rigid Blister Packaging, and others in 2020
5 Key Projections on Future of Plastic Containers Market for Forecast Period 2017-2026 (In Terms of Volume)
Number of plastic container sold is expected to remain the largest in North America, accounting for nearly 30% share of the market by 2026-end. Asia-Pacific excluding Japan (APEJ) will also prevail as a profitable region for plastic container sales, accounting for over 25% share of the market by 2026-end. In addition, sales of plastic containers in North America and APEJ are projected to reflect an equal and highest CAGR through 2026.
Polyethylene terephthalate (PET, PETE, PETG, or polyester) will endure as the more remunerative packaging material in the global plastic containers market, with sales pegged to exceed 50,000 MT by 2026-end. However sales of high density polyethylene (HDPE) will exhibit the fastest expansion in the market through 2026. Number of plastic containers produced by using polyvinyl chloride (PVC) will remain higher than those produced by using HDPE, although reflect a comparatively slower growth in sales through 2026.
On the basis of packaging type, containers (plastic containers, metal cans) and boxes and cartons will remain sought-after in the market, with sales collectively projected to hold roughly two-third share of the market by 2026-end. However, sales of bags & pouches are poised to exhibit a relatively faster growth in the market through 2026.
Bottled water will continue to be the dominant application of plastic containers, trailed by alcoholic beverages and carbonated soft drinks. Alcoholic beverages and carbonated soft drinks will account for roughly similar share of the market by 2026-end.
Based on end-user, sales of plastic containers in food & beverages will remain significantly higher than that in all the other end-users combined. Food & beverages will also prevail as the fast-growing end-user in the global plastic containers market.
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More Valuable Insights on Plastic Containers Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Plastic Containers, Sales and Demand of Plastic Containers, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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