CATEGORY
Plastic Bottles
Beroe LiVE.Ai™
AI-powered self-service platform for all your sourcing decision needs across 1,600+ categories llike Plastic Bottles.
Market Data, Sourcing & Supplier Intelligence, and Price & Cost Benchmarking.
Category Alerts
Product Launch
June 29, 2022Saniton Plastic launches Interlocking Plastic Bottles that reduce storage space
September 12, 2022Borealis and Trexel developed a sustainable Mucell-foamed bottle alternative to plastic bottle
September 13, 2022Become a Beroe LiVE.Ai™ Subscriber to receive proactive alerts on Plastic Bottles
Plastic Bottles Industry Benchmarks
Savings Achieved
(in %)
The average annual savings achieved in Plastic Bottles category is 5.40%
Payment Terms
(in days)
The industry average payment terms in Plastic Bottles category for the current quarter is 84.5 days
Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™
Category Strategy and Flexibility
Engagement Model
Supply Assurance
Sourcing Process
Supplier Type
Pricing Model
Contract Length
SLAs/KPIs
Lead Time
Supplier Diversity
Targeted Savings
Risk Mitigation
Financial Risk
Sanctions
AMEs
Geopolitical Risk
Cost Optimization
Price per Unit Competitiveness
Specification Leanness
Minimum Order Quality
Payment Terms
Inventory Control
The World’s first Digital Market Analyst
Abi, the AI-powered digital assistant brings together data, insights, and intelligence for faster answers to sourcing questions
Plastic Bottles Suppliers

Find the right-fit plastic bottles supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.



Use the Plastic Bottles market, supplier and price information for category strategy creation and Quaterly Business Reviews (QRBs)
Plastic Bottles market report transcript
Global Market Outlook on Plastic Bottles
The global blow-molded plastic market was valued at $86–87 billion in 2019, and it is forecasted to grow at a CAGR of 4–5 percent to reach around $98–99 billion by 2024, 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 2024. 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
Regional Market Outlook
North America
North America is expected to witness a growth of approx. 2–2.5 percent CAGR (2021–2024), and it contributes approx. 20 percent of the global bottles demand by the end of this decade
- The US and Canada are the mature markets in blow-molded plastic packaging in North America. The suppliers in the US are likely to innovate on new energy-efficient blow-molding technologies, and they also focus on bio-based and biodegradable resins
- The North American market is increasingly focusing on sustainable and green packaging solutions. Recycling, bio resins are likely to become more common in the personal and home care space
Europe
The Western European blow-molded plastic packaging market is forecasted to grow at a CAGR of 1–2 percent and was worth $17 billion in 2019
- Germany is the largest market, followed by France and Italy, in terms of plastic bottle consumption
- The European blow-molded markets are driven by mineral water and household chemical markets, where plastic bottles account for 90 percent of the packaging used
- With an increased focus toward environmental protection and sustainability, products with a low carbon footprint are increasingly popular, which has led to many advancements in the European market
APAC
- 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 2021 to 2024
- 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