Chat with us, powered by LiveChat
Procurement Resource Thumbnail Book Image

Global Plastic Bottles Industry Report: Country Overview; Value Chain Analysis; Production Process; Trade Analysis; Cost Structure; Market Dynamics: Drivers & Constraints, Industry Events, Innovations & Trends, SWOT Analysis, Porter’s Five Forces; Industry Best Practices: Sourcing Strategy, Procurement Model, Contract Structure, Negotiation Levers, Pricing Model; Key Supplier Analysis, 2022-2027

Plastic Bottles Industry Report by Regional Category Spend, Price Analysis, Key Demand, and Price Indicators, and Best Buying Practices


The global Plastic Bottles market reached a value of about USD 187.04 billion in 2021. The industry is projected to grow at a CAGR of around 5% in the forecast period of 2022-2027 to reach a value of about USD 252.3 billion by 2027.

The global Plastic Bottles industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The market is being driven by the product's employment in various industries for packaging. In the industry report, the key demand indicator is the highest category spender by region—Asia Pacific.

Industry Definition and Segmentation

A plastic bottle is a container with a neck that is smaller than the body and takes a screw-type, snap cap, or other closure. A plastic bottle is made of either high-density or low-density plastic. Water, soft beverages, motor oil, cooking oil, medication, shampoo, milk, and ink are often stored in plastic bottles. The bottles range in size from little bottles to big carboys. The Plastic Bottles industry report comprises segments by plastics (PET, PE, PP, PVC), by end-use (Food & Beverages, Pharmaceuticals, Cosmetics, and Personal Care, Homecare), and region (North America, Europe, South America, Asia Pacific, and the Middle East and Africa).

The Asia Pacific Region is Driving the Growth of the Industry

The Asia Pacific region holds the largest share in the market due to the rising demand for bottles in the expanding healthcare sector in China. Moreover, the increasing industrial activities in India are providing a significant thrust to the economy.

The market is being driven by the demand for the product for packaging in various industries. Plastic packaging is becoming popular among customers since it is lighter and simpler to handle. Prominent manufacturers also prefer plastic packaging options due to their cheaper production costs. Due to the never-ending need for bottled water and non-alcoholic drinks, the market for plastic bottles in the beverage industry is expected to rise. Consumers' preference for exceptionally requesting high-quality drinking water is attributed to their fear of illnesses due to drinking filthy tap water and the mobility and convenience afforded by bottled water. Due to a wide range of creative, cost-effective, and ecological packaging options, the demand for plastic bottles and containers is increasing. Plastic packaging has improved barrier properties and can effectively protect the product from moisture and oxygen, which significantly impacts plastic bottles and container growth. The fast growth in disposable incomes, prolonged shelf life, and simplicity of use are the key factors driving the demand for plastic bottles and containers. Despite their modest weight, the likelihood of beverage cans being broken during transit is higher than plastic bottles. As a result, the plastic's small weight has prompted its use in the production of bottles and containers. Due to a lack of corks, more people are using plastic bottles to replace glass bottles, increasing their use in beverage items like wine and juices, which is driving up demand. Plastic bottles are in high order because of their airtightness, improving product stability.

Best Procurement Practices

The global Plastic Bottles industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major international Plastic Bottles regions, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.

Category Management Studies

The plastic bottles are made from different raw materials depending on the functionality and product they will be used to store. High-density polyethene, Fluorine-treated HDPE, Low-density polyethene, Polyethylene terephthalate, Polycarbonate, Polypropylene, Polystyrene, Polyvinylchloride, Post-consumer resin, K-Resin, and Other materials including Bioplastic, Bisphenol A are mainly employed in the production of the containers.

Introduction of PET Bottles, Further Driving the Procurement of Plastic Bottles

The industry is being propelled by using polyethene terephthalate (PET), and high-density polyethene (HDPE) polymers in plastic bottling are growing. Manufacturers favour PET over other plastic packaging goods because it loses the least amount of raw material throughout the manufacturing process. Its recyclability and the ability to customise it with different colours and designs. Recyclable objects have soared in recognition as consumer knowledge of environmental issues has grown, leading to an increase in their demand.  Furthermore, advances in the manufacturing of plastic bottles that can improve internal gas proofing are increasingly being implemented, extending product shelf life without compromising taste, which is likely to boost market development. Furthermore, the expanding trend of the plastic bottle circular economy is expected to catalyse business growth in the following years.

The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Key Industry Players Mentioned in the Plastic Bottles Industry Report

  • Amcor plc
  • Berry Global, Inc
  • AptarGroup, Inc.
  • ALPLA Group
  • Graham Packaging Company

Market Landscape

Plastic bottles are a somewhat competitive market with several prominent companies; few big firms presently dominate the industry in market share. These major players are focusing their efforts on growing their consumer base in other nations, and these businesses use strategic collaboration efforts to expand their market share and profits. The plastic bottles and containers market is highly fragmented, and increased demand for food and beverages will present significant development potential in the plastic bottle industry. As a result, many businesses consider this to be an emerging market.

Key Initiatives by Companies

  • In the multivitamin category, Amcor PLC presented the development and commercialisation of a PET container made entirely of post-consumer recycled content (PCR) resin in February 2020. Ritual, a health meets technology firm that redefined the multivitamin, commissioned the new, transparent bottle in two sizes: 100 cubic centimetres and 150 cubic centimetres.
  • Coca-Cola started in July 2019, and its GlacéauSmartwater, Honest Tea, Chaudfontaine brands, and HBC water (a Swiss-marketed product) will be packaged in recycled polyethene terephthalate (rPET).

1.    Executive Summary
2.    Global Plastic Bottles Market Snapshot

    2.1.    Plastic Bottles Market Outlook
    2.2.    Plastic Bottles Industry Analysis, By Plastics
        2.2.1.    PET
        2.2.2.    PE
        2.2.3.    PP
        2.2.4.    PVC
    2.3.    Plastic Bottles Industry Analysis, By End-use
        2.3.1.    Food & Beverages
        2.3.2.    Pharmaceuticals
        2.3.3.    Cosmetics and Personal Care
        2.3.4.    Homecare
    2.4.    Regional Overview
        2.4.1.    North America
        2.4.2.    Europe
        2.4.3.    Asia Pacific 
        2.4.4.    LATAM
        2.4.5.    Middle East & Africa
3.    Impact of Recent Events 
4.    Plastic Bottles Value Chain Analysis 
5.    Plastic Bottles Production Process
6.    Trade Analysis 
7.    Major Risk Factors in Sourcing
8.    Plastic Bottles Cost Structure
9.    Plastic Bottles Price Analysis 
10.    Key Demand Indicator Analysis
11.    Key Price Indicator Analysis
12.    Plastic Bottles Market Dynamics

    12.1.    Drivers & Constraints
    12.2.    Industry Events 
    12.3.    Innovations & Trends
    12.4.    SWOT Analysis
    12.5.    Porter’s Five Forces
        12.5.1.    Buyer Power
        12.5.2.    Supplier Power
        12.5.3.    Threat of New entrants
        12.5.4.    Threat of Substitutes
        12.5.5.    Industry Rivalry
13.    Feedstock Market Analysis 
    13.1.    Market Overview
    13.2.    Price Analysis 
14.    Industry Best Practices
    14.1.    Sourcing Strategy
    14.2.    Procurement Model
    14.3.    Contract Structure
    14.4.    Negotiation Levers
    14.5.    Pricing Model
    14.6.    Key Factors Influencing the Quotation 
15.    Key Supplier Analysis
    15.1.    Amcor plc
    15.2.    Berry Global, Inc
    15.3.    AptarGroup, Inc.
    15.4.    ALPLA Group
    15.5.    Graham Packaging Company

Request Sample
Key Questions Answered in the Report

The global Plastic Bottles market size was valued at USD 187.04 billion in 2021.

As per the plastic provided, the PET segment is anticipated to lead the market between 2022 and 2027.

The significant demand for packaging in a wide range of industries is one of the essential drivers of the Plastic Bottles market growth.

Alpha Packaging, CKS Packaging Inc., Bericap GmbH & Co. KG, Graham Packaging Company, and Plastipak Holdings Inc., are the prominent companies in the market.

The Asia Pacific region of the Plastic Bottles industry holds a significant share in the market.

Analyst Review

The global Plastic Bottles market attained a value of USD 187.04 billion in 2021, driven by the rising demand for the product for packaging in various industries. It is gaining traction due to its lighter and simpler handling properties. Manufacturers prefer plastic packaging options due to their lower production costs. Aided by the growing inclination towards using polyethene terephthalate (PET) and high-density polyethene (HDPE) polymers in plastic bottling, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 5%. The market is projected to reach USD 252.3 billion by 2027. Some of the leading players in the industry are Alpha Packaging, CKS Packaging Inc., Bericap GmbH & Co. KG, Plastipak Holdings Inc., and Graham Packaging Company.

Procurement Resources' detailed research approach explores deep into the industry, encompassing the macro and micro aspects of the industry. Its team of experts uses cutting-edge analytical tools and their expertise, thus, delivering its customers with market insights that are accurate and actionable and help them remain ahead of their competition.

Compare test & Choose the Right Report Version for You

Why Procurement Resource?

RIGHT PEOPLE

At Procurement Resource our analysts are selected after they are assessed thoroughly on having required qualities so that they can work effectively and productively and are able to execute projects based on the expectations shared by our clients. Our team is hence, technically exceptional, strategic, pragmatic, well experienced and competent.

RIGHT METHODOLOGY

We understand the cruciality of high-quality assessments that are important for our clients to take timely decisions and plan strategically. We have been continuously upgrading our tools and resources over the past years to become useful partners for our clientele. Our research methods are supported by most recent technology, our trusted and verified databases that are modified as per the needs help us serve our clients effectively every time and puts them ahead of their competitors.

RIGHT PRICE

Our team provides a detailed, high quality and deeply researched evaluations in competitive prices, that are unmatchable, and demonstrates our understanding of our client’s resource composition. These reports support our clientele make important procurement and supply chains choices that further helps them to place themselves ahead of their counterparts. We also offer attractive discounts or rebates on our forth coming reports.

RIGHT SUPPORT

Our vision is to enable our clients with superior quality market assessment and actionable evaluations to assist them with taking timely and right decisions. We are always ready to deliver our clients with maximum results by delivering them with customised suggestions to meet their exact needs within the specified timeline and help them understand the market dynamics in a better way.

Similar Reports
Global HEOR Service Industry Report: Size, Trend, Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global HEOR market reached a value of about USD 1364.3 million in 2021. The industry is further expected to grow at a CAGR of about 12.81% in the forecast period of 2022-2027 to reach a value of around USD 2779.2 million by 2027.

Read More
Global Nutmeg Industry Report: Size, Trend, Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global nutmeg market reached a value of about 134 thousand tonnes in 2021. The industry is further expected to grow at a CAGR of about 4.5% in the forecast period of 2022-2027 to reach a value of around 167 thousand tonnes by 2027.

Read More
Global Artificial Intelligence Market: Size, Trend, Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global Artificial Intelligence Market reached a value of about USD 192 Billion in 2021. The industry is projected to grow at a CAGR of around 23% in the forecast period of 2022-2027 to reach a value of about USD 664.86 Billion by 2027.

Read More

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences which help us to enhance our services. For further information review our Privacy Policy