North America Plastic Bottles and Containers Market – Industry Trends and Forecast to 2027
Market Analysis and Insights: North America Plastic Bottles and Containers Market
Plastic Bottles and Containers market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing at a CAGR of 4.8% in the forecast period of 2020 to 2027 and expected to reach USD 53,568.15 million by 2027. Growing consumption of non-alcoholic beverages in the U.S. boosts the demand of plastic bottles and containers in the region.
The U.S. is dominating due to growing consumption of bottled water and also the people are shifting towards healthy drinks which require bottles to be packaged.
This plastic bottles and containers market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Get Exclusive Sample Copy of this Report Here
North America Plastic Bottles and Containers Market Scope and Market Size
North America plastic bottles and containers market is segmented of the eight notable segments which are based on the basis of raw material, technology, capacity, appearance, neck finish, neck type, shapes and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of raw material, the market is segmented into polyethylene terephthalate (PET), low-density polyethylene (LDPE), high-density polyethylene (HDPE) and polypropylene (PP). In North America, Polyethylene terephthalate (PET) dominates in the market as most of the bottles which are produced in the North America region are from the raw material PET and also it is more durable and breakage resistant as compared to other materials.
- On the basis of technology, the market is segmented into injection molding, stretch blow molding, extrusion, thermoforming and others. Injection molding dominates in the North America region as it provides high efficiency as compared to other technologies. During the high pressure in the moulding process, complex and intricate shapes can be manufactured very easily.
- On the basis of capacity, the market is segmented into less than 100 ml, 100-500 ml, 500-1000 ml, 1000-1500 ml, 1500-2000 ml and more than 2000 ml. More than 2000 ml of capacity is dominating in the North America region as the consumption of beverages is increasing very rapidly in the U.S. Also, the bottle which has the capacity of 2000ml is very large in size which consumes maximum amount of raw material as compared to other capacities.
- On the basis of appearance, the market is segmented into transparent and coloured. Transparent is dominating in the North America region as the material PET is widely used in the production of transparent bottles and these bottles and containers can handle colours and there will be no impact on the product which is packed in the transparent bottle.
- On the basis of neck finish, the market is segmented into 1 to 4, 300 to 360, 400 & 400 m, 405 & 405 m, 410 & 410 m, 415 & 415 m, 420 to 485, 490 & 490 m, 495 & 495 m, 500, 530 & 530 m, 535 to 655, 665 & 665 m, 710 to 2000, 2010 & 2010 m, 2020 & 2020 m, 2030 & 2030 m, 2035 to 3140, 3150 & 3150 m, 3160 & 3160 m and above 3160. 300 to 360 dominate in the North America region because it is mostly available in the bottled water which is consumed very rapidly in the North America region as compared to other neck finish.
- On the basis of neck type, the market is segmented into three start, double start, PCO 1881, PCO 1810, PCO hybrid, BPF, ROPP (without collar), liqor neck, fridge bottle neck, CTC/BERI and others. Three start bottles are dominating due to their major application in baby bottles as they are suitable for feeding the babies and it also provides comfort.
- On the basis of shapes, the market is segmented into boston round, square, oval, oblong, wide mouth, cosmo round, cylinder, narrow mouth, specialty and others. Cylinder dominates the North America region as most of the plastic bottles are produced in the form of cylinder only as compared to other shapes and as the demand of beverages is increasing in the region, the demand of cylinder bottled drinks will also grow in the region.
- On the basis of end-user, the market is segmented into food and beverages, healthcare, personal care & cosmetics, household, automotive and others. Each segment is further sub-segmented based on raw material into polyethylene terephthalate (PET), low-density polyethylene (LDPE), high-density polyethylene (HDPE) and polypropylene (PP). Food & Beverages is dominating the North America market as the consumption of food and beverages has been increased substantially in the region since people are becoming more health–conscious and demand more natural and organic products. In spite of having fruits and vegetables, people are shifting towards healthy diets such as energy drinks, juices which increase the demand of food and beverages in the region. Also, the usage of bottles and containers for packaged foods has been increased which further boosts the food and beverage industry in the region.