Value Market Research has come up with a new market study on the Global HDPE Bottles Market. This report provides market analysis and crucial market data for the market segments such as end-user, sales channel, and geography. The assessment shows that the Global HDPE Bottle Market was valued USD 12.6 BN (by revenue) in 2018 and is anticipated to reach USD 17.7 BN by 2025 with a CAGR of 5%.
The growth of the HDPE market is majorly on the ground of rising demand from household and individual’s needs which is increasing across the globe. Moreover, the growing demand from the packaging industry where these bottles are used to pack food and other sensitive products in order to prevent the contamination is a major factor driving the market growth. HDPE bottles can be recycled and for the very fact, that recycling saves energy and environment is another major factor which is augmenting the product demand. Also, stringent rules and bans imposed by the government on the use of harmful plastic which releases harmful gasses and chemicals during the production of plastic is a very important factor that is expected to create a great opportunity for this market. Fluctuating prices of petroleum is expected to raise the price of HDPE bottles which is supposed to negatively affect the market growth.
The report -"Global HDPE Bottle Market Report By End-User (Domestic Use, Chemical Industries, Cosmetic Industries, And Pharmaceutical Industries), By Channel Sales (B2B And B2C) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2018-2025"- offers a comprehensive assessment of this market and contains all the thoughtful insights, information, historical data, and statistically supported and industry-validated market data.
HDPE bottles are categorized under those bottles which are manufactured from High-Density Polyethylene (HDPE) granules. Basically, HDPE pellets are produced by heating petroleum to the certain desired temperature. Owing to their lightweight, durability, long lasting, and weather resist these bottles are strongly preferred over traditional plastic bottles. Also, this bottles emits less of harmful gasses during production and now they are also used in packaging of chemicals, detergents, cosmetics, fruit juices, etc. to prevent contamination of the product.
The report segments the market into end-user, channel sales, and region. End-user include domestic use, chemical industries, cosmetic industries, and pharmaceutical industries. Cosmetic is dominating the segment owing to the rising demand for packaging cosmetic products worldwide along with the flourishing cosmetic industry. Also, growing demand for personal care products which are widely used amongst the young generation, especially women is spurring the product demand. Sales are bifurcated into B2B and B2C. Out of these two, B2B is leading the segment owing to the expanding number of retails, supermarkets, and other specialty stores. Geographical segmentation covers North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Asia-Pacific is ruling the global HDPE bottles market owing to the flourishing various end-user industries such as cosmetics, pharmaceuticals, and packaging industries. Also, rising households with the increasing population in the region is again propelling the market growth.
The Report Segments Global HDPE Bottles Market -
By Channel Sales
Players Outlined In The Report:
American Containers, Alpha Packaging, CL Smith, Fisherbrand, Graham Blowpack Pvt. ltd., Kaufman Container, Maynard & Harris Plastics, O.BERK COMPANY, LLC, Parker Plastics and Vivek Polymer India.
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