High Density Polyethylene (HDPE) Bottles Market: Worldwide Industry Analysis and New Market Opportunities Explored By 2022
HDPE bottles are those bottles which are made from High-Density Polyethylene (HDPE) granules. HDPE pellets are made by heating petroleum to certain desired temperature. HDPE bottles are strongly preferred over traditional plastic bottles because of its properties such as lightweight yet super durable, impact-resistant, long lasting and weather resistant, resist any mold or rotting and from the manufacturing point of view it’s reusable and easy to mold, and it emits less of harmful gasses during production. For the reasons mentioned above HDPE bottles are now used in packaging of chemicals, detergents, cosmetic, fruit juices, etc. as it doesn’t contaminate any product.
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Market: Drivers & Restraints
The market for HDPE bottles is expected to be primarily
driven by household and individual’s demand which is increasing across the
globe. Large chunk of working population travels a long distances for work, and
they look for easy to carry, and sturdy bottles for their needs. HDPE bottles
have been able to meet this wide gap, packaging designs, and strategies adopted
by various FMCG industries in order to attract customer with a differentiator
factor by packaging items in different design and types of HDPE bottles.
HDPE bottles can be recycled and for the very fact that
recycling saves energy and environment it is very popular in U.S. and as per a
press article alone in U.S. 1 billion of HDPE bottles were recycled in 2012
only. Stringent rules and bans imposed by the government on the use of harmful
plastic and manufacturing of harmful gasses and chemicals emitted during the
production of plastic is a key factor driving the demand for HDPE bottles.
Hazards of plastic contaminating the products with which it gets direct contact
are few of the possible factors which will drive HDPE bottles market since HDPE
bottles carry none of such threats.
As HDPE granules are made with petroleum, price fluctuation
in petroleum can pull the prices of HDPE bottles upwards. Adulteration in the
manufacturing of HDPE bottles by mixing with cheap plastic to make profits
unethically, recent claims by independent researchers that HDPE bottles emit
estrogenic chemicals similar to ordinary plastic which can harm human health
can act as a restraint for the growth of HDPE bottles market.
HDPE bottles Market: Regional Outlook
Based on the geographies, global HDPE bottles market is
segmented into five regions — North America, Latin America, Europe, APAC, and
the Middle East & Africa. Among the regions mentioned above, North America
accounts for a significant share of HDPE bottles market, owing to the stringent
regulations and norms in using a particular grade of plastic bottles. HDPE
bottles have gained a substantial proportion due to its chemical composition
which poise slightest threat to life and health, in U.S. product such as fruit
juices, milk, detergent, cleaners, etc. are now primarily packaged in HDPE
bottles which are in the way giving a massive boost to HDPE bottles market.
Europe is followed by North America market for HDPE bottles
market following a similar trend as U.S. However, Asia-Pacific market for HDPE
bottles market is emerging and it is anticipated to grow substantially over the
forecast period with booming F&B industries, pharmaceutical industries, and
increasing households with population rise, etc. in the region. In the Middle East
& Africa, the market of HDPE bottles are in a nascent stage, and it is
expected that the market will grow over the forecast period. Latin America has
witnessed a decent start for market of HDPE bottles, due to the demand from
various field.
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HDPE bottles market: Key Players
Some of the major players identified in the HDPE bottles
market are, Parker Plastics, Graham Blowpack Pvt.ltd., Vivek Polymer
India, Maynard & Harris Plastics, CL Smith, All American Containers, O.BERK
COMPANY, LLC, Alpha Packaging, Kaufman Container, Fisherbrand
The research report presents a comprehensive assessment of
the market and contains thoughtful insights, facts, historical data, and
statistically supported and industry-validated market data. It also contains
projections using a suitable set of assumptions and methodologies. The research
report provides analysis and information according to market segments such as
geography, technology, and applications.
The Report covers exhaust Analysis on:
- Market
Segments
- Market
Dynamics
- Market
Size
- Supply
& Demand
- Current
Trends /Issues/Challenges
- Competition
& Companies involved
- Technology
Regional Analysis includes:
- North
America
- Latin
America
- Europe
- Asia
Pacific
- Middle
East & Africa
The report is a compilation of first-hand information,
qualitative, and quantitative assessment by industry analysts, inputs from
industry experts and industry participants across the value chain. The report
provides in-depth analysis of parent market trends, macro-economic 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.
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HDPE bottles Market: Segmentation
The global HDPE bottles market is segmented on the basis end
users, sales channel and region.
On the basis of end users, the global HDPE bottles market is
segmented into:
- Domestic
use
- Chemical
industries
- Cosmetic
industries
- Pharmaceutical
industries
On the basis of sales channel, the global HDPE bottles
market is segmented into:
- B2B
- B2C
Report Highlights:
- Detailed
overview of parent market
- Changing
market dynamics in the industry
- In-depth
market segmentation
- Historical,
current and projected market size in terms of volume and value
- Recent
industry trends and developments
- Competitive
landscape
- Strategies
of key players and products offered
- Potential
and niche segments, geographical regions exhibiting promising growth
- A
neutral perspective on market performance
- Must-have
information for market players to sustain and enhance their market
footprint
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