The plastic bottles and containers market is driven by the widespread usage of plastic resins such as HDPE, LDPE, PET, PE, etc., which offer durability, lightweight, and protection from moisture and sunlight. These favorable properties make plastic-based bottles and containers ideal for packaging various products, including food and beverages. The increasing demand for rigid packaging in the food and beverage industry, aiming to extend product shelf life and maintain product quality, positively impacts the market. Additionally, the versatility and cost-effectiveness of plastic packaging further contribute to the market's growth, making it a vital segment in the global packaging industry.
According to Data Bridge Market Research, the North America Plastic Bottles and Containers Market was valued at USD 37.92 billion in 2021 and is expected to reach USD 60.21 billion by 2029, registering a CAGR of 5.95 % during the forecast period of 2022 to 2029.
“Replacement of plastic with alternatives facilitate market growth”
The replacement of plastic with alternatives serves as a significant driver of the plastic bottles and containers market. With growing environmental awareness and concerns about plastic pollution, there is a rising demand for eco-friendly and sustainable packaging options. As a result, manufacturers are exploring and adopting alternatives such as biodegradable materials, recycled plastics, and compostable packaging. This shift towards more environmentally friendly solutions not only meets consumer demands but also aligns with global efforts to reduce plastic waste and its impact on the environment. The drive for sustainable packaging solutions creates opportunities for innovation and growth in the plastic bottles and containers market.
What restraints the growth of North America plastic bottles and containers market?
“Adverse impact on the environment”
Plastic bottles and containers face the restraint of environmental concerns due to their adverse impact on the environment. Plastic waste, including bottles and containers, contributes significantly to pollution and poses a threat to wildlife, marine life, and ecosystems. Improper disposal and lack of effective recycling systems lead to plastic pollution, creating long-lasting environmental damage. Increasing awareness of these environmental issues has led to a growing demand for sustainable and eco-friendly packaging alternatives. As a result, the plastic bottles and containers market is under pressure to address these concerns and transition towards more environmentally friendly solutions to sustain its growth.
Segmentation: North America Plastic Bottles and Containers Market
The plastic bottles and containers market is segmented on the basis of raw materials, technology, capacity, appearance, neck finish, neck type, shapes, and end-user.
- On the basis of raw material, the plastic bottles and containers market is segmented into polyethylene terephthalate (pet), low-density polyethylene (LDPE), high-density polyethylene (HDPE), and polypropylene (pp).
- On the basis of technology, the plastic bottles and containers market is segmented into injection molding, stretch blow molding, extrusion, thermoforming, and others.
- On the basis of capacity, the plastic bottles and containers market is segmented into less than 100 ml, 100-500 ml, 500-1000 ml, 1000-1500 ml, 1500-2000 ml, and more than 2000 ml.
- On the basis of appearance, the plastic bottles and containers market is segmented into transparent and coloured.
- On the basis of neck finish, the plastic bottles and containers market is segmented into 1 to 4, 300 to 360, 400 and 400 m, 405 and 405 m, 410 and 410 m, 415 and 415 m, 420 to 485, 490 and 490 m, 495 and 495 m, 500, 530 and 530 m, 535 to 655, 665 and 665 m, 710 to 2000, 2010 and 2010 m, 2020 and 2020 m, 2030 and 2030 m, 2035 to 3140, 3150 and 3150 m, 3160 and 3160 m and above 3160.
- On the basis of neck type, the plastic bottles and containers market is segmented into three start, double start, PCO 1881, pco 1810, pco hybrid, bpf, ropp (without collar), liquor neck, fridge bottle neck, CTC/BERI, and others.
- On the basis of shapes, the plastic bottles and containers market is segmented into boston round, square, oval, oblong, wide mouth, cosmo round, cylinder, narrow mouth, specialty, and others.
- On the basis of end-user, the plastic bottles and containers market is segmented into food and beverages, healthcare, personal care and cosmetics, household, automotive, and others.
Regional Insights: US dominates the North America Plastic Bottles and Containers Market
The US dominates the plastic bottles and containers market due to its high market share and revenue, and this dominance is expected to continue in the forecast period. The increasing use of personal care products, cosmetics, and fragrances in the country has led to a surge in demand for plastic bottles and containers. As one of the significant markets for cosmetics and unique care products, the US witness continuous growth in demand, which further fuels the expansion of the plastic bottles and containers market in the region.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/north-america-plastic-bottles-and-containers-market
Recent Developments in North America Plastic Bottles and Containers Market
- In July 2020, SC Johnson, a prominent US manufacturer of household cleaning products, introduced a new line of Mr. Muscle Platinum Window and Glass cleaner featuring 100% recycled ocean-bound plastic bottles and containers. The company aims to triple the post-consumer recycled plastic content in packaging by 2025, contributing to environmental sustainability.
- In October 2020, Gerresheimer, a pharmaceutical packaging manufacturer, developed a novel dropper insert called DropControl for recent drugs with low viscosity. This innovative design prevents the drug from flowing uncontrollably during use, ensuring precise dosage and user convenience while maintaining drug integrity and safety. The technology addresses the specific needs of drugs with low viscosity, enhancing the overall patient experience and medication compliance.
The Prominent Key Players Operating in the North America Plastic Bottles and Containers Market Include:
- Dahl-Tech, Inc (U.S.)
- Us Pack Group (U.S.)
- Dash Packaging (U.S.)
- Canyon Plastics Inc (U.S.)
- MJS Packaging (U.S.)
- Berry Global Inc. (U.S.)
- Graham Packaging Company (U.S.)
- Alpack plastics (U.S.)
- Plastipak Holdings, Inc (U.S.)
- Indorama Ventures Public Company Limited (Thailand)
- Kaufman Container (U.S.)
- Amcor plc (Switzerland)
- Containers Plus (U.S.)
- Green Bay Plastics (U.S.)
- Mai animal health (U.S.)
- Zauba technologies and Data service private limited (India)
- Inmark global holding LLC (U.S.)
- APEX Plastics (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of North America plastic bottles and containers market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: North America Plastic Bottles and Containers Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
