The report on the Plastic Containers Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2022-2027. The report also offers insights into different market segments and other factors affecting the market.

Report Forecast:

The plastic containers market is expected to grow at a healthy CAGR of 5.3% during the forecast period.

The plastic containers market suffered a decline, following the outbreak of the pandemic. Most of the end-use industries faced supply chain disruption, cash flow constraints, and temporary shutdown in production facilities, reducing the demand for plastic containers in end-use industries.

Growing demand for rigid packaging from food and beverage manufacturers to increase product shelf-life and aesthetic appeal is expected to drive the plastic containers market recovery and growth. Furthermore, the popularity of plastic-based containers is growing due to their properties such as lightweight, non-permeability to moisture, durability, and protection from sunlight.

The market's growth is influenced by a number of factors that have a significant or indirect impact on demand. An overview of such factors can be found in our report, which is derived utilizing SWOT analysis, industry life cycle, and supply chain analysis. Such key information can help market participants and investors identify the low-hanging fruits in the market and establish strategic initiatives to accelerate their growth.

COVID-19 IMPACT on the Market-

The COVID-19 pandemic has influenced almost all the industries, little or large, dealing in any sector.

The growth curves of Plastic Containers market have witnessed enormous ebb and flows in the year 2020. The market scenario and the pace of growth have taken a huge turn and have prompted numerous adjustments in the cycles. 2021 is probably going to be superior to 2020 for the Plastic Containers market players as the greater part of the organizations have continued their activities and the interest is getting re-established for them.

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The Cornerstones in the market-

Listed below are the top key players that dominate the Plastic Containers Market –

• Alpha Packaging Inc.
• Amcor plc
• Plastipak Packaging, Inc.
• Graham Packaging Company
• RPC Packaging Supply, Inc.

Plastic Containers Market Segmentation:

The report segments based upon demographics, geographics, benefits and volume etc, has different leading factors and identifies the most-attractive segments and sub-segments. The market segmentation will not only help marketers to be more efficient in terms of time, money and other resources but also allows companies to learn about their target audience so that they can tailor campaigns that leads a roadmap to success.

The Plastic Containers market is segmented into the following categories.

Based on the container type,

The market is bifurcated into bottles & jars, pails, tubs, cups & bowls, and others. Bottles & jars are expected to be the largest and fastest-growing segment during the forecast period. The increasing demand for bottles & jars used for packaging in industries such as pharmaceuticals and food and beverage can be attributed to the segment's growth. Furthermore, plastic bottles & jars are cost-effective, leak-free, and lightweight. As a result, they are gaining ground on metal and glass bottles & jars.

Based on the end-use type,

The market is segmented as beverages, food, pharmaceuticals & cosmetics, FMCG, and others. Among these end-use types, the beverages segment is expected to capture the major share of the market during the forecast period. Containers used in the beverage industry in the form of bottles and jars are a key source that ensures safety and a longer shelf life while also protecting against leakage, moisture, and chemicals. The demand for ready-to-drink beverages such as carbonated soft drinks, juices, and milk and dairy drinks is increasing, which is driving the demand for plastic bottles. Therefore, growth in the beverage industry will increase the demand for the product.

In terms of regions, 

Asia-Pacific is expected to remain the largest region in the market for plastic containers over the forecast period. China and India are expected to be the growth engines for the market in the region. One of the key factors driving the growth is the region's fast-growing beverage industry, which is increasing the demand for plastic bottles for bottled water and carbonated drinks. North America and Europe, on the other hand, are expected to register significant growth during the forecast period owing to the growing pharmaceuticals, FMCG and automotive industries in these regions.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

-          Company Profiling

-          Detailed profiling of key market players (up to 3 players)

-          SWOT analysis of key market players (up to 3 players)

To identify the key trends, or to get a customised report related to the study, connect with our sales team at:

Stratview Research |email: sales@stratviewresearch.com | Direct: +1-313-307-4176

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