The market for high-density polyethylene (HDPE) containers is anticipated to expand at a CAGR of 4% to 5% from 2022 to 2032. The bottle segment, one of the container-type verticals, is anticipated to reach or exceed US$ 70 Bn by the end of 2032, growing at a CAGR of 3% to 4% between 2022 and 2032. The sales of HDPE containers on the international market are being boosted by the rising demand for strong, lightweight packaging solutions across numerous industries.
Market Overview
This Global Hdpe Containers market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Global Hdpe Containers market.
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Global HDPE Containers Market: Overview
HDPE containers are made from High-Density Polyethylene (HDPE) granules which are made by heating petroleum to certain desired temperature. HDPE containers are strongly preferred over traditional plastic bottles due to its properties such as lightweight, durable, long lasting, impact-resistant and weather resistant. From the manufacturing point of view HDPE containers are reusable and easy to mold, and it emits less of harmful gasses during production. HDPE Containers are used in packaging of chemicals, detergents, cosmetic, fruit juices, etc. as it doesn’t contaminate any product. HDPE containers have several distinguishing properties which make it ideal for the packaging industry. It is stronger than standard polyethylene and acts as a strong barrier against moisture, while maintaining its solid state at odd temperatures. HDPE containers do not produce harmful emissions during production and during its consumption cycle and therefore has become the most preferred thermoplastic. HDPE containers are a sustainable packaging choice as they can be recycled. HDPE containers are a versatile product and are applicable to a variety of applications ranging from consumables packaging, cosmetics, personal care products, beverage bottles, household goods to technical parts and even products used in construction industry. HDPE containers have the large strength to density ratio and are easily flexible and highly weatherproof. HDPE containers are lightweight, readily available and economical in nature. The above mentioned properties make HDPE containers different from traditional plastics.
Global HDPE Containers Market: Dynamics
HDPE containers are highly preferred for number of packaging applications due to its environmentally friendly nature and recyclability. HDPE containers are the most commonly recycled plastics on a very large scale globally. HDPE containers have a huge worldwide market among all thermoplastic containers. Demand for high-density polyethylene resins has been continuously rising since last few years due to increase infrastructural activities globally. The major driving factor of the HDPE containers is the rise in the demand for plastic containers due to its great performance advantages over alternative packaging formats. HDPE containers are preferred material in the packaging industry because of it is comparatively a low-cost material. HDPE containers include bottles, jars, cups, bowls, cans, drums and pails etc., bottles and jars represent more than 50% of share among the other container type. Among major bottle and jar markets, the fastest gains for HDPE containers are anticipated for pharmaceutical and food applications. In pharmaceutical applications, growth of HDPE containers will be supported by rising pharmaceutical production. However, fluctuation in the HDPE resin price can affect the HDPE containers price adversely. Competitive materials such as polypropylene may also hamper the growth of HDPE containers market during the forecast period.
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Global HDPE Containers Market: Regional
The global HDPE containers market is expected to witness high growth during the forecast primarily due to increasing end-industry usage, technological advancements and continuously growing demand from countries such as India and China. Easy availability of the HDPE polymer as a raw material in the US, Germany and Japan has resulted in increased usage of this plastic resin for HDPE containers. Middle East and Africa to witness moderate to high growth in the HDPE containers market during the forecast period.
Global HDPE Containers Market: Key Manufacturers
- Parker Plastics
- Graham Blowpack Pvt.ltd.
- Vivek Polymer India
- Maynard & Harris Plastics
- CL Smith
- All American Containers
- BERK COMPANY, LLC
- Alpha Packaging
- Kaufman Container
- Fisherbrand
- United states
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, in puts from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Regional analysis includes –
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Japan
- Middle East & Africa (MEA)
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Global HDPE Containers Market: Segmentation
Global HDPE containers market is segmented on the basis of Container Type:
- Bottles
- Jars
- Cups & Bowls
- Drums
- Cans
- Others
Global HDPE containers market is segmented on the basis of Capacity into:
- Upto 200 ml
- 200-500 ml
- 500 -1000 ml
- 1000 ml and above
Global HDPE containers market is segmented on the basis of end-use:
- Food & Beverage
- Pharmaceutical
- Personal Care & Cosmetics
- Chemical Industry
- Industrial
- Petroleum Industry
Report Highlights:
- A detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth segmentation of the market
- Historical, current, and projected size of the market, regarding volume and value
- Recent industry trends and developments
- Competitive landscape in the market
- Strategies for key players operating in the and products offered by them
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on performance of the market
- Must-have information for market players to sustain and enhance their market footprint
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https://www.homify.co.uk/users/9006761/nk99fmi
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