Blow Molded Plastic Bottles Market Size, Share, Trends, Analysis and Forecasts To 2021

Market Research analysts forecast the global blow molded plastic bottles market to grow at a CAGR of 3.51% during the period 2017-2021.

The following companies as the key players in the global blow molded plastic bottles market: Alpha Packaging, APEX Plastics, Plastipak Holdings, Sidel, and Silgan Holdings.

Other Prominent Vendors in the market are: Amcor, Bemis, Berry Plastics, Constantia Flexibles, Coveris, First American Plastic, Graham Packaging, Hassan Plas Packaging, HTI Plastics, Linpac, R&D Molders, Resilux, RPC, Sonoco, and Streamline Plastic.

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Commenting on the report, an analyst from Reports team said: The latest trend gaining momentum in the market is increased adoption of lightweight rigid plastics to reduce transportation costs. Growing innovation in the lightweight packaging market leads to sustainability and provides environment-friendly packaging products. These products are preferred in the market and lead to a decrease in packaging costs. Lightweight packaging materials are gaining popularity among customers as they reduce transportation and carriage costs.

According to the report, one of the major drivers for this market is increased demand for a variety of beverages. The market share of the CSD (carbonated soft drinks) segment has been declining for the past 10 years, and there is a growing demand for other types of drinks especially bottled water and dairy beverages. Growing urbanization and high disposable incomes have increased the consumption of dairy beverages. A global increase in the per capita income has increased the purchasing power of people which has majorly influenced the global beverages packaging market.

Further, the report states that one of the major factors hindering the growth of this market is constraints on expansion of production. The global volume of bottled water consumption is growing at a steady rate due to increase in production and solution for products and services for packaging of these products.

About Blow Molded Plastic Bottles

Plastics that can be molded into several sizes and shapes or forms are classified as blow molded plastics. Injection blow molding, rotational blow molding, and extrusion blow molding are the different types of technologies used in the production of blow molded plastic bottles. The major categories of plastics used for such productions include polyethylene terephthalate (PET), polyethylene (PE), polypropylene (PP), and polyvinyl chloride (PVC). Blow molded plastics are used in a wide range of industries such as packaging, electronics, automotive, and transportation.

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Covered in this report 

The report covers the present scenario and the growth prospects of the global blow molded plastic bottles market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of blow molded plastic bottles.

The market is divided into the following segments based on geography: 
Americas
APAC
EMEA

Global Blow Molded Plastic Bottles Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
Alpha Packaging
APEX Plastics
Plastipak Holdings
Sidel
Silgan Holdings

Other prominent vendors 
Amcor
Bemis
Berry Plastics
Constantia Flexibles
Coveris
First American Plastic
Graham Packaging
Hassan Plas Packaging
HTI plastics
Linpac Group
R&D Molders
Resilux
RPC Group
Sonoco
Streamline Plastic

Market driver 
Increased demand for a variety of beverages
For a full, detailed list, view our report 

Market challenge 
Constraints on expansion of production
For a full, detailed list, view our report 

Market trend 
Increased adoption of lightweight rigid plastics to reduce transportation costs
For a full, detailed list, view our report 

Key questions answered in this report 
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors? 

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Source: https://marketreportscenter.com/reports/507651/global-blow-molded-plastic-bottles-market-2017-2021