Plastic Containers Segmentation
Material (Polyethylene (PE), Polypropylene (PP), Polyethylene and Terephthalate (PET))
Polyethylene (PE) plays a crucial role in the expansion of the plastic containers market due to its low cost, strength, and recyclability, accounting for a 56% revenue share as projected in the 2037 forecast. The U.S. EPA anticipates that the demand for PE will increase by 5.3% each year, driven by trends in food packaging and e-commerce. High-density PE (HDPE) represents 46% of bottle production, as reported by PlasticsEurope, while Dow Chemical controls 41% of the PE container supply in North America. The regulatory push for lighter, recyclable packaging is also enhancing the adoption of PE, with global production expected to surpass 100 million metric tons by 2025.
End use (Food & Beverage, Pharmaceuticals, Personal Care, and Industrial)
The Food & Beverage (F&B) sector leads the plastic containers market, expected to represent 29% of the share ($210B) by 2037. This growth is fuelled by e-commerce packaging, which is experiencing a 19% year-over-year increase, along with strict FDA food safety regulations. Single-use PE/PET containers make up 66% of F&B packaging because of their lightweight and barrier features. The EU’s SUP Directive has increased the use of recycled PET by 41% in 2023, with Amcor securing a 16% market share through sustainable trays. Worldwide, the packaging for ready-to-eat meals drives a 9% annual growth, according to reports.
Our in-depth analysis of the plastic containers market includes the following segments
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