Blow Molded Plastic Packaging Market Intelligence

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Are you looking for answers on Blow Molded Plastic Packaging category?

  • What are the key trends in Blow Molded Plastic Packaging category?
  • Am I paying the right price?
  • Am I working with the right supplier?
  • What are the major challenges and risks in Blow Molded Plastic Packaging industry?
  • How is Blow Molded Plastic Packaging industry performing?

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Report Coverage

  • Market Trends
  • Technology & Innovation Trends
  • Global Supplier List and Capabilities
  • Mergers and Acquisitions

Market Size

Market Size North America

$18-19 Bn

Market Size Europe

$23 - 24 Bn

Market Size Asia Pacific

$27-28 Bn

Market Size Latin America

$7 - 8 Bn

Table of contents

  1. Blow Molded Plastic Executive Summary
  2. Category Updates
  3. Global Blow-molded Plastic Packaging
  4. Supply Market Outlook
  1. Blow Molded Plastic Market Analysis
  2. Global Market Maturity
  3. Global Industry Trends
  4. Global Drivers and Constraints
  5. Regional Market Outlook
  6. Porter’s Five Forces Analysis: Developed & Emerged Markets
  1. Blow Molded Plastic Supply Analysis
  2. Supply Market Outlook
  3. Mergers and Acquisitions
  4. Key Global & Regional Suppliers: Service Portfolio
  5. Key Supplier Profiles
  1. Blow Molded Plastic Cost and Pricing Analysis
  2. Cost Breakup by Region
  3. Price and Profit Trends
  1. Blow Molded Plastic Procurement Best Practices
  2. Sourcing Models
  3. Raw Material Trends
  4. Sustainability Trends
  5. Design Trends
  6. Innovations

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Global Blow-molded Plastic Packaging

  • The global blow-molded plastic market was valued at $82-83 billion in 2018, and it is forecasted to grow at a CAGR of 4–5 percent to reach around $102-103 billion by 2023, mainly driven by the growing consumption of beverages
  • The APAC market is forecasted to grow at a CAGR of 7–8 percent during the five-year period until 2023. The North American and Western European markets are matured and expected to grow at 2–3 percent, which is driven by personal care and beverage segments
  • Innovation and technical advancements in blow-molded plastic bottle manufacturing process will facilitate a consequent increase in the production of such bottles

blow-molded-plastic-packaging-market-size.

Major Global Trends in Plastic Bottles - HDPE and PET

Bioplastics

  • Bioplastics are expected to be the focus of development for the next 10 years
  • The market for bioplastic packaging is expected to grow at a CAGR of approx. 37–38 percent and reach 7.5 million metric tons in 2019

Impact

  • Bioplastics consume lesser energy than petroleum-based plastics. Initiatives, like reducing waste and increased recycling, are catalysts in promoting the use of bioplastic products

Sustainable solutions

  • With an increased focus toward environmental protection and sustainability, products with low carbon footprint are increasingly popular, which, in turn, has led to many advancements in the bottles sector

Impact

  • As the world is shifting toward environmental friendliness and sustainability, eco-sustainable bottles will continue to foster green practices with expected introduction of new regulations relating to environmental sustainability

Multilayered bottles

  • Increased preference of multilayered plastic bottles, especially in the cosmetics and personal care segments, owing to better light and gas-barrier properties, result in enhanced shelf life of the product
  • Bi-injection and co-injection technology can help to incorporate multiple layers of polymers, which can ensure best-barrier coating and improved product life

Impact

  • Multilayered PET bottles are gradually replacing HDPE and PP on grounds of being more durable, transparent, and due to superior barrier properties

Regional Market Outlook

  • APAC is expected to witness a significant growth and contribute to approx. 40 percent of the global bottles demand by the end of this decade, majorly driven by the consumption in beverages market, growing at a CAGR of approx. 10 percent from 2018 to 2023
  • China is the largest national market in the region, followed by Japan and India
  • Cosmetics and personal care segments contribute to approx. 14 percent of blow-molded bottle consumption, and they are expected to grow at a CAGR of 4 percent. This segment is likely to be driven by growing consumption in APAC and also growing innovations in bottle designs across cosmetic segments
  • Due to the presence of emerging countries in the region, it remains as a key market. As there are innovation and improvement in technology, buyers are investing more in this market

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