The “Global Blow Molded Plastic Bottles Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The global blow molded plastic bottles market is projected to grow at a CAGR of 4.07% during the period 2018-2022.
Technological advancements in polymer manufacturing technology is leading to an increased adoption of biodegradable polyethylene terephthalate (Bio-PET) plastics such as polyvinyl alcohol, polylactic acid and polyanhydrides as packaging materials. These materials can be easily decomposed by microorganisms and have lesser adverse effects on the environment than conventional plastics. Thus, the growing demand for Bio-PET material globally will be a major trend driving the growth of the blow molded plastic bottles market.
According to the report, one of the major drivers for this market is the growing demand for packaged beverages. Growing urbanization and rise in disposable income of consumers in developing economies such as India, China, Brazil, Vietnam and South Africa are the factors augmenting the growth of the packaged beverages market at a CAGR close to 5%. This has led to a need for plastic packaging solutions such as PET, polystyrene, and PP for packaging of liquid food products.
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Further, the report states that one of the major factors hindering the growth of this market is growing global demand for pouch packaging solutions. Benefits such as high printability, ease of storage, handling and transportation and ability to meet the need for single serve uses is making pouch packaging popular in the packaging industry. Moreover, blow molded plastic bottles are rigid in nature, which increases the weight of consignment and hence inefficient for transportation and storage purposes.
- Berry Global
- Graham Packaging
- Silgan Holdings
- Growing demand for Bio-PET material globally
- Increased adoption of lightweight rigid plastics to reduce transportation cost in supply chain
- Rise in popularity of automation in molding techniques
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Material Type
8. Customer Landscape
9. Market Segmentation by End-User
10. Regional Landscape
11. Decision Framework
12. Drivers and Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/mkbtx2/global_blow?w=4
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