The global high density polyethylene (HDPE) bottles hold a forecasted share of US$ 52533.5 million in 2022 and are likely to surpass US$ 73390.9 million by 2032, moving ahead with a CAGR of 3.4% during the forecast period.
As explained in a new research study presented by Future Market Insights, the global HDPE bottles market will demonstrate passive growth over the next few years; however, increasing inclination toward the adoption of HDPE as a raw material over conventional thermoplastics is likely to be witnessed.
High-density polyethene (HDPE), one of the most durable and versatile forms of thermoplastics, is gradually gaining the title of preferred packaging material at a sluggish pace.
While the top sought attributes of HDPE include high strength-to-density ratio, weatherproof nature, chemical resistance, lightweight characteristics, and economical price point, it, more importantly, meets the FDA and USDA standards that are mandatory, especially in case of the use of HDPE bottles in food and beverages sector.
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High Recyclability Accounts for Growing Popularity of HDPE Bottles
Low quantity chemicals as well as drugs used for household or OTC applications are generally packaged in HDPE bottles. A widely preferred container for chemical products, HDPE bottles are highly recyclable.
As the recycling process is relatively less complicated and more efficient, packaging manufacturers are gradually inclining towards HDPE as a raw material for packaging a range of products.
Being one of the most considerate and least permeable packaging formats, HDPE bottles are likely to find widening applicability in packaging.
Asia Pacific Secures the HDPE Production Hub Title for Manufacturers of HDPE Bottles
The Asia Pacific, especially China, has been contributing significantly to the global HDPE production capacity over the years and according to FMI’s study, APAC remains a significant HDPE producer shortly. North
America and Europe also stand important in sustaining the HDPE production scenario, whereas the report indicates the promising performance of the Middle Eastern & African region.
Leading Companies Profiled in HDPE Bottles Market are:
- Gerreshemier AG
- Berry Global Group Inc.
- Silgan Plastics Closure Solutions
- Berk Company LLC
- Amcor Ltd.
- CL Smith
- RPC Group Plc
- Graham Packaging
- Nampac Limited
- ALPLA Werke Alwin Lehner GmbH & Co KG
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HDPE Bottles Find Growing Applications in Personal & Home Care Products and Cosmetics
HDPE bottles are prominently used in the F&B, automotive, personal care & hygiene, and household care segments. Besides F&B, pharmaceuticals also register a decent rate of adoption of HDPE bottles owing to being reliable in terms of the safety of packaged food and beverage products.
The study points to dramatically growing per capita expenditure on personal care and beauty products worldwide, especially in developing economies. Escalating sales of bath and shower products, dermatological products, and essential toiletries are translating into increasing volume sales of HDPE bottles.
Globally, over 100,000 HDPE bottles are expected to be sold by this year’s end. Growing consumer spending power is playing a vital role in popularizing the usage of HDPE bottles among packaging companies serving the personal care and cosmetics industry.
Moreover, the widening expanse of Ecommerce is encouraging demand for HDPE bottles for a plethora of products across industries.
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HDPE Bottles Market by Category
By Cap Type:
- Screw Closures
- Snap Closures
- Push-Pull Closures
- Disc Top closures
- Spray Closures
- Dispensers
- Dropper
By Bottle Capacity:
- Less than 30 ml
- 31 ml – 100 ml
- 101 ml – 500 ml
- 501 ml – 1Lt
- Above 1Lt
By Visibility:
- Translucent
- Opaque
By Neck Type:
- Narrow Mouth Bottles
- Wide Mouth Bottles
By End-user Industry Type:
- Food & Beverages
- Dairy Products
- Juices
- Others
- Chemical
- Agro Chemicals
- Industrial Chemicals
- Lubricants & Petrochemicals
- Specialty Chemicals
- Pharmaceuticals
- Personal Care & Cosmetics
- Homecare & Toiletries
By Barrier Type:
- Low-barrier Bottles
- High-barrier Bottles
- Fluorinated Bottles
- Polyamide (PA) Layer Bottles
- Ethylene Vinyl Alcohol (EVOH) Layer Bottles