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The global plastic bottles market was worth USD 187.99 billion in 2022, and it is expected to reach USD 328.12 billion by 2030, expanding at a CAGR of 7.49% between 2023 and 2030.
Because of their low cost and light weight, plastic bottles are a popular choice for packaging. PET, PP, PE, and PVC are all examples of low-density plastics that can be used to make bottles. Most liquids and semi-liquids, like water, soft drinks, oils, milk, shampoo, pharmaceuticals, cosmetics, etc., can be stored and transported easily in such containers. As a result of its many advantageous features, plastic bottles have been increasingly popular over the past few decades. As a result, the plastic bottles market is expected to expand substantially throughout the forecast period. Plastic bottles have successfully replaced glass bottles because of its many advantages, including lower production costs, greater portability, more ease of use, and greater resilience to breakage. As a result of these advantages, it is expected that plastic bottle sales will rise in the next years.
Concerns about global warming and plastic waste levels, as well as rising environmental awareness regarding plastic usage, are expected to present obstacles for the plastic bottles market during the aforementioned forecast period. The global plastic bottles market is expected to expand at a healthy rate throughout the forecasted year, thanks in large part to rising investments in research and development efforts aimed at developing novel plastic bottles. Companies are continually exploring new ways to manufacture plastic bottles from renewable resources and waste plastic. In 2022, Dasani, for instance, started using just PET bottles.
Material Analysis
In 2022, PET was one of the most extensively utilized materials for creating plastic bottles since it dominated the global market. The expansion of this market is commonly attributed to the rising demand from final consumers for PET plastic bottles because of their numerous benefits. Damage is less likely to occur because of PET plastic bottles' longevity and strong stiffness. Because less care must be taken while transporting PET bottles, they can be made cheaper than glass bottles. PET plastic bottles can be recycled and reused for either a single use or a variety of uses. PET bottles are sturdy and clean, thus the FDA approves of their use. These bottles are lightweight and easy to transport because they take less energy to manufacture.
Evaluation Through Use
In terms of end use in the global market, drinks were clearly in the lead in 2022. The strong demand for plastic bottles from the beverage sector can be directly attributed to the widespread adoption of plastic bottles throughout the industry. Most people assume it's safe to drink packaged water since it's been tested before being packaged. PET plastic bottles, previously out of fashion, are once again in demand, and many different manufacturers provide a wide range of beverages packaged in these containers. The plastic bottles market has grown steadily thanks to rising demand for bottled water and other non-alcoholic beverages, and this growth is expected to continue during the forecast period.
Strategic Market Shifts
The market for plastic bottles in the beverage industry is anticipated to grow substantially over the projected period on account of the consistent demand for bottled water and non-alcoholic beverages. Bottled water sales are booming because consumers are more concerned about becoming sick from drinking filthy tap water, and because of the mobility and convenience that comes with purchasing bottled water. Bottled water is sold by shops in both developing and developed countries, alongside other beverages. The International Bottled Water Association (IBWA) reports, for example, that bottled water is the most popular type of packaged drink in the United States. The plastic bottle market is expected to grow in part because of the burgeoning alcoholic beverage sector. The wine business has been transitioning to plastic wine bottles in recent years. For instance, plastic wine bottles made by Burlingame, California's EnVino firm are 20% more compact and weigh only an eighth as much as traditional glass wine bottles. Because of this, wineries may save money on fuel while transporting 30% more wine each truck. Market participants' attempts to collaborate with end-user industries are optimistic for the global plastic bottles market's long-term revenue growth.
Report Coverage
Global Plastic Bottles research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Plastic Bottles report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Plastic Bottles competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Plastic Bottles market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Plastic Bottles market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Plastic Bottles market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Amcor plc, Berry Global, Inc., Gerresheimer AG, Silgan Holdings Inc., Alpha Packaging, Plastipak Holdings, Inc., CKS Packaging, Inc., RESILUX NV, RPC Group Plc, AptarGroup, Inc., Alpla Holding GmbH, Sidel Group, Intrapac International Corporation, Comar, LLC, M&H Plastics, Pretium Packaging, O.Berk Company, LLC, Aaron Packaging, Inc., Tim Plastics, Inc., Midwest Bottles LLC
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Plastic Bottles market based on the below-mentioned segments:
Global Plastic Bottles Market, By Container Type
Bottles & jars
pails
tubs
cups & bowls
others
Global Plastic Bottles market, By Material
Polyethylene Terephthalate (PET)
Polypropylene (PP)
Low-Density Polyethylene (LDPE)
High-Density Polyethylene (HDPE)
Global Plastic Bottles Market, By End User
Beverage
Food
Cosmetics
Pharmaceutical
Household Care
Global Plastic Bottles market, Regional Analysis
Because of their low cost and light weight, plastic bottles are a popular choice for packaging. PET, PP, PE, and PVC are all examples of low-density plastics that can be used to make bottles. Most liquids and semi-liquids, like water, soft drinks, oils, milk, shampoo, pharmaceuticals, cosmetics, etc., can be stored and transported easily in such containers. As a result of its many advantageous features, plastic bottles have been increasingly popular over the past few decades. As a result, the plastic bottles market is expected to expand substantially throughout the forecast period. Plastic bottles have successfully replaced glass bottles because of its many advantages, including lower production costs, greater portability, more ease of use, and greater resilience to breakage. As a result of these advantages, it is expected that plastic bottle sales will rise in the next years.
Concerns about global warming and plastic waste levels, as well as rising environmental awareness regarding plastic usage, are expected to present obstacles for the plastic bottles market during the aforementioned forecast period. The global plastic bottles market is expected to expand at a healthy rate throughout the forecasted year, thanks in large part to rising investments in research and development efforts aimed at developing novel plastic bottles. Companies are continually exploring new ways to manufacture plastic bottles from renewable resources and waste plastic. In 2022, Dasani, for instance, started using just PET bottles.
Material Analysis
In 2022, PET was one of the most extensively utilized materials for creating plastic bottles since it dominated the global market. The expansion of this market is commonly attributed to the rising demand from final consumers for PET plastic bottles because of their numerous benefits. Damage is less likely to occur because of PET plastic bottles' longevity and strong stiffness. Because less care must be taken while transporting PET bottles, they can be made cheaper than glass bottles. PET plastic bottles can be recycled and reused for either a single use or a variety of uses. PET bottles are sturdy and clean, thus the FDA approves of their use. These bottles are lightweight and easy to transport because they take less energy to manufacture.
Evaluation Through Use
In terms of end use in the global market, drinks were clearly in the lead in 2022. The strong demand for plastic bottles from the beverage sector can be directly attributed to the widespread adoption of plastic bottles throughout the industry. Most people assume it's safe to drink packaged water since it's been tested before being packaged. PET plastic bottles, previously out of fashion, are once again in demand, and many different manufacturers provide a wide range of beverages packaged in these containers. The plastic bottles market has grown steadily thanks to rising demand for bottled water and other non-alcoholic beverages, and this growth is expected to continue during the forecast period.
Strategic Market Shifts
The market for plastic bottles in the beverage industry is anticipated to grow substantially over the projected period on account of the consistent demand for bottled water and non-alcoholic beverages. Bottled water sales are booming because consumers are more concerned about becoming sick from drinking filthy tap water, and because of the mobility and convenience that comes with purchasing bottled water. Bottled water is sold by shops in both developing and developed countries, alongside other beverages. The International Bottled Water Association (IBWA) reports, for example, that bottled water is the most popular type of packaged drink in the United States. The plastic bottle market is expected to grow in part because of the burgeoning alcoholic beverage sector. The wine business has been transitioning to plastic wine bottles in recent years. For instance, plastic wine bottles made by Burlingame, California's EnVino firm are 20% more compact and weigh only an eighth as much as traditional glass wine bottles. Because of this, wineries may save money on fuel while transporting 30% more wine each truck. Market participants' attempts to collaborate with end-user industries are optimistic for the global plastic bottles market's long-term revenue growth.
Report Coverage
Global Plastic Bottles research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Plastic Bottles report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Plastic Bottles competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Plastic Bottles market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Amcor plc, Berry Global, Inc., Gerresheimer AG, Silgan Holdings Inc., Alpha Packaging, Plastipak Holdings, Inc., CKS Packaging, Inc., RESILUX NV, RPC Group Plc, AptarGroup, Inc., Alpla Holding GmbH, Sidel Group, Intrapac International Corporation, Comar, LLC, M&H Plastics, Pretium Packaging, O.Berk Company, LLC, Aaron Packaging, Inc., Tim Plastics, Inc., Midwest Bottles LLC |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Plastic Bottles Market from 2021 to 2030.
- Market Forecast for Plastic Bottles Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Plastic Bottles competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Plastic Bottles
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Plastic Bottles market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Plastic Bottles market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Amcor plc, Berry Global, Inc., Gerresheimer AG, Silgan Holdings Inc., Alpha Packaging, Plastipak Holdings, Inc., CKS Packaging, Inc., RESILUX NV, RPC Group Plc, AptarGroup, Inc., Alpla Holding GmbH, Sidel Group, Intrapac International Corporation, Comar, LLC, M&H Plastics, Pretium Packaging, O.Berk Company, LLC, Aaron Packaging, Inc., Tim Plastics, Inc., Midwest Bottles LLC
Primary Target Market
- Market Players of Plastic Bottles
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Plastic Bottles market based on the below-mentioned segments:
Global Plastic Bottles Market, By Container Type
Bottles & jars
pails
tubs
cups & bowls
others
Global Plastic Bottles market, By Material
Polyethylene Terephthalate (PET)
Polypropylene (PP)
Low-Density Polyethylene (LDPE)
High-Density Polyethylene (HDPE)
Global Plastic Bottles Market, By End User
Beverage
Food
Cosmetics
Pharmaceutical
Household Care
Global Plastic Bottles market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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