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[294 pages Report] The global HDPE bottles market is valued at USD 55.8 Billion in 2022 and is expected to reach USD 67.2 Billion by 2028, at a CAGR of 3.1% from 2022 to 2028.

High density polyethylene (HDPE), one of the most durable and versatile forms of thermoplastics, is gradually gaining the title of a 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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Projected to cross the US$ 50 billion mark in 2019, the global revenue of HDPE bottles landscape is likely to expand gradually year on year. 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 towards adoption of HDPE as a raw material over conventional thermoplastics is likely to be witnessed.

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

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 in the near future. North America and Europe also stand important in sustaining the HDPE production scenario, whereas the report indicates promising performance of the Middle Eastern & African region.

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 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.

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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.

Is Recycled HDPE the Sustainable Solution to Cost Optimization?

With an emerging alternative of recycled HDPE bottles, manufacturers are striving to reduce dependency on the prices of raw materials. While high raw material cost has been a longstanding factor suppressing wide adoption of HDPE bottles for packaging, manufacturers are gradually opting for the usage of recycled HDPE material for manufacturing HDPE bottles. Unilever recently launched recycled HDPE bottles of a few recognized Australian brands selling personal and home care products, in ANZ. The brands involved are Dove, Sunsilk, Surf, OMO, and TRESemmé.

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

By Region :

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific (APAC)
• Middle East and Africa (MEA)
• Japan

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Leading packaging manufacturers are prominently focusing on developing sustainable HDPE packaging solutions to meet stringent regulatory standards set by governments of various countries. However, as the pricing volatility prevails in the HDPE bottles landscape, it is most likely to pose a negative influence on the future of HDPE in packaging. The HDPE bottles market analysis by FMI offers deeper insights on how superior material alternatives such as PET and LDPE are restricting rapid penetration of HDPE bottles. For a closer look at the global HDPE bottles landscape, write to the team of expert market research analysts at press@futuremarketinsights.com

Advanced capsules are cost-friendly, they ensure high patient compliance, minimizing first-pass metabolism, and offer increased bioavailability. These factors are increasing their applications in the pharmaceutical, nutraceutical, and cosmeceutical industries.
According to Future Market Insights (FMI), the demand for the Advanced Empty Capsule Market is expected to rise considerably, enabling the market to surpass US$ 1.5 Bn by 2021.

The availability of knowledge-based resources and enhanced research collaborations has improved product development. This has aided development in treatment of chronic conditions such as cardiovascular diseases.

The global market is rapidly growing, due to which many small and regional players that are focusing on entering the market with innovative products. Various manufacturers are focusing on the launch of innovative and smart capsule products to enhance revenue generation.

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For instance, On March 5, 2021, CapsCanada, a Lyfe Group™, announced the launch of a new liquid-filled hard capsule manufacturing service.
Similarly, Roxlor developed proprietary capsule technologies to produce hard capsules with marine gelatin and from Pullulan, a natural polysaccharide.
There is an increasing vegetarian influence on the product portfolio, which is being seen as an alternative to gelatin capsules, providing customized capsules to CROs to conduct pre-clinical and clinical trials, which can save cost incurred on research and development activities.
The worldwide per capita healthcare spending has doubled due to increasing awareness in terms of treatment options. Rapid economic and population growth in addition to increasing disposable incomes are prime factors responsible for the growth of the healthcare industry.
Rising healthcare spending is expected to positively influence the market. This is indicative of the fact that consumers are more willing to pay for advanced and more convenient treatment methods.

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Key Takeaways from Advanced Empty Capsule Services Market Study

• Oral capsules account for 89.8% of the market in 2021 owing to ease of administration and dosage compliance.
• Demand for vegetarian-based advanced empty capsules will rise at over 9% CAGR, driven by growth in the number of vegan and vegetarian consumers.
• Size “0” capsules will account for more than 20% of the market. Their sales will be driven by ease of consumption, and optimal dosage potency.
• Germany holds the lead in Europe with a valuation of US$ 169 Mn 2021 owing to the presence of key production facilities.
• India holds dominance in South Asia and will account for over 60% of the regional sales by 2031.

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Who is Winning?

Leading manufacturers in the market are strengthening their market position through collaborations. Governments in developed and developing countries are actively taking initiatives to encourage various research activities that will aid developments in this market. Leading organizations within the market are set to focus on research and development to offer an early and precise diagnosis of the ailment, besides offering effective patient care.

For instance, On Feb 19, 2019, ACG Worldwide was the first company in Asia to launch the Polytype coating line. Also, with the addition of the coating line to the Brazil facility, the company aimed to improve service to South American customers. Both developments strengthened global positioning by adding a coating line to the existing manufacturing facilities.

The digital mobile x-ray devices market is likely to grow at a CAGR of 7.1% through 2026.

Mobile X-Ray is the largest segment likely to be valued at US$ 2.6 Bn in 2021, expanding at a CAGR of 7%, reaching US$ 3.65 Bn through 2026.

The Digital mobile X-Ray devices segment’s revenue is predicted to expand 2.0x with an attractiveness score of 1.8, through 2026.

Through 2026 digital mobile X-ray machines will continue to dominate in hospitals and radiology centres across the world, collectively accounts for 70% of the market’s revenue share.

APEJ is the emerging region of the market followed by India and China.

Future Market Insights, in its latest research, delivers key insights on the factors impacting the global digital mobile X-ray device market. According to the report, demand for digital mobile X-ray devices will continue to be fuelled by applications in orthopaedic- and chest-imaging. These two end-use applications accounted for 60% revenue share of the market in 2016.

Key Driving Factors

• Increasing emphasis on diagnostic imaging services by various government bodies.
• Increasing geriatric population – according to WHO, global geriatric population will reach 2 billion by 2050
• Rising incidences of orthopaedic diseases and bone injuries – WHO estimates global prevalence of arthritis to between 0.3% and 1%
• Contractual agreements and acquisitions by manufacturers
• Increasing adoption of 3D medical imaging equipment, especially in the field of orthopaedics
• Increase in the number of free-standing imaging centers

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Key Restraints

• High cost of clinical trials and stringent regulations have remained longstanding challenges for manufacturers
• Lack of inadequate imaging infrastructure in developing countries. High cost associated with initial set up and installation has been identified as a major restraint
• Increasing pressure on the healthcare budget in the U.S. and rising awareness among patients about the potential health impact of radiation

By product type, mobile devices will continue to outsell handheld devices. In 2016, of the US$ 7.67 Bn worth of digital X-ray devices sold, 91.5% were mobile devices. However, owing to their small base size, demand for handheld digital mobile X-ray devices will grow at a higher CAGR than mobile devices.

Hospitals and radiology centers will continue to be the leading end-users of digital mobile X-ray devices globally. These two end-users collectively accounted for nearly 70% revenue share of the market in 2016. According to Future Market Insights’ research, these two end-use sectors will continue to account for the bulk of demand for digital mobile X-ray markets during the forecast period.

Region-wise Analysis and Forecast

• North America is the largest market for digital mobile X-rays globally. Demand for digital mobile X-ray devices in the region is fuelled by strong sales in the U.S.
• North America’s revenue share of the global market was nearly 32% in 2016. Owing to increasing demand in Asia Pacific excluding Japan (APEJ), Latin America, and Japan, North America will witness a slight dip in revenue share over the forecast period.
• APEJ is projected to be the fastest growing market for digital mobile X-ray devices globally. The market in the region is expected to grow on account of high volume demand from China and India.
• The Eastern Europe digital mobile X-ray market will witness slowest growth among all regions.

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Competitive Landscape Analysis

Leading companies in the global digital mobile X-ray devices market are General Electric Healthcare Limited, Siemens AG, Esaote SpA, Hitachi Ltd., Koninklijke Philips N.V, Planmed OY, EOS Imaging, and Toshiba Medical Corporation. These leading companies are eyeing the lucrative APEJ market to capitalise on the growing opportunities.

Future Market Insights maintains a positive outlook on the global digital mobile X-ray market, projecting it to grow at 7.1% CAGR through 2026.

Reasons to Buy the report

• We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
• Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.

• The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

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About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Sales in the pea protein ingredients market are estimated to total US$ 1.25 Bn in 2021. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 2.5 Bn by 2031, rising at a CAGR of 7.2% between 2021 and 2031.

Rising demand from various end-use industries such as bakery & snacks, beverages and others is expected to fuel pea protein ingredients market growth during the forecast period. Increasing preference for natural ingredients in food products also will continue pushing sales in the pea protein ingredients market.

Future Market Insights projects the global pea proteins market to expand at a healthy 7.2% CAGR between 2021 and 2031, in comparison to the CAGR of 6.4% registered between 2016 and 2020.

Expansion of the pea protein ingredients market is attributable to increasing consumer awareness regarding benefits of preventative healthcare. Consumers are opting for healthy plant-based proteins such as pea protein to achieve the right balance of nutrients as a preventative measure against diseases caused due to nutrient deficiency.

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Apart from health benefits, sales of pea protein ingredients are expected to increase as a result of high demand among vegans. Also, the rising prevalence of cardiovascular diseases will result in higher sales of pea protein ingredients as consumers show higher inclination for healthy diet. Besides this, the demand for plant-based protein in sports nutrition will improve the sales in the pea protein ingredients market.

Rising popularity of pea protein can be attributed to its high protein content, sustainability, availability, intriguing functionality, affordability, and hypoallergenic properties. Owing to these benefits, various food and beverage companies are incorporating pea protein ingredients in their products. This is expected to propel sales of pea protein ingredients in the forthcoming years.

Along with being an affordable and sustainable plant-based protein, pea protein ingredients are a good source of immune-supporting supplements. The COVID-19 pandemic has prompted millions of people to shift to healthier diet, which in turn is spurring demand for pea protein ingredients.
“Growing consumer preference for natural and organic food products and increasing concerns pertaining to animal welfare are expected to boost the market. In order to cater to surging requirements, manufacturers are introducing new products, which augmenting sales in the market,” says a FMI analyst.

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Key Takeaways from Pea Protein Ingredients Market Study
• North America is expected to account for over 79.2% of pea protein ingredients sales, with the U.S. dominating the market on the back of rising consumption of clean label food products
• The U.K. pea protein ingredients market will account for 14% of market share in 2021
• China’s pea protein market will surpass US$ 64.3 Mn in 2021 on the back of growing demand for sustainable and affordable vegan protein products
• In terms of product, isolate pea proteins are expected to hold the lion’s share owing to their high-quality nutrition and growing adoption among lactose-intolerant people
• Sales of pea protein ingredients in bakery sector are expected to surge at 9.9% CAGR through 2021.

Key Drivers
• Growing demand for plant-based products and increasing trend for vegan lifestyle will accelerate the growth in the market.
• Absence of allergen properties in pea-protein ingredients as compared to other conventional plant-based proteins is expected to improve the adoption
• Declining consumption of meat products due to intolerance of animal protein is likely to boost the market

Key Restraints
• High cost of extraction and processing pea protein ingredients is anticipated to create the challenge for market players
• Lack of processing outputs in emerging and low-income economies resulting in limited supply to hamper the sales.

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Competitive Landscape
Some of the leading companies offering pea protein ingredients are A&B Ingredients Inc., Nutri Pea Ltd, Archer Daniels Midland Company, Kerry Group PLC., Cargill Incorporated, The Scoular Company, Axiom Foods, Inc., Batory Foods, PLT Health Solutions, Prinova Group LLC, and others.

Leading players operating in the global pea protein ingredients market are focusing on research and development to launch new products to cater to growing vegan consumers. Apart from this, players are investing in mergers, acquisitions and strategic collaborations to strengthen their presence in the pea protein ingredients market.