Plastic Container Market Analysis and Scope (2023 to 2031)
Plastic Container Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 109.80 Billion |
Market Size by 2031 | US$ 154.33 Billion |
Global CAGR (2023 - 2031) | 4.0% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Material
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Plastic Container Market News and Recent Developments
The plastic container market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for plastic containers and strategies:
- Berry Global's technical and manufacturing skills have achieved a significant breakthrough in the packaging of hazardous liquids. The company has now launched the first 20 and 25 litre containers containing 35% recycled material, which have UN Approval for the transport of hazardous goods for five of the six model liquids in the UN assessment. In addition to the existing UN approval for water, the new containers also have approval for wetting solution, acetic acid, white spirit, and N-butyl acetate. The introduction of these new containers into the company's popular Optimum range will support companies both in meeting their sustainability goals and satisfying consumer demands for more sustainable packaging solutions. It will also help businesses comply with forthcoming legislation covering the required minimum amount of recycled material in a pack. (Source: Berry Global Inc, Press Release, 2023)
Plastic Container Market Report Coverage and Deliverables
The "Plastic Container Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles