Plastic Bottle Market: By Raw Material, Poly Propylene, Low-density Polyethylene, High-density Polyethylene, and Others), By End User and Geography
Plastic Bottle Market size was valued at US$ 289,199 million in 2023 and is poised to grow at a CAGR of 6.2% from 2024 to 2030. The plastic bottle market growth is fuelled by factors such as increasing demand for convenience packaging, rising disposable incomes, and growing urbanization. However, the restraints are environmental concerns, volatile oil prices, and technological advancements for the development of alternative packaging materials. Here are some opportunities and trends where the market growth is significant in the upcoming years, biodegradable plastics, recycled plastics, growth of e-commerce, personalization, premiumization, and downsizing the plastic bottle size. Asia Pacific region currently holds the top spot in the global plastic bottle market.
Plastic bottles offer a lightweight, portable, and convenient way to package beverages and other liquid products. This is a major driver of the market, as consumers increasingly seek out on-the-go products. As disposable incomes rise in developing countries, consumers are more likely to purchase packaged beverages, which is driving up demand for plastic bottles. Urbanization is leading to a rise in demand for processed and packaged foods and beverages, which are often sold in plastic bottles. Overall, the plastic bottle market is mature, but there is still some room for growth. The key to future growth will be for plastic bottle manufacturers to address environmental concerns and develop new and innovative products.
Study Period
2024 - 2030Base Year
2023CAGR
6.2%Largest Market
Asia PacificFastest Growing Market
Asia Pacific
The development of biodegradable plastics could address some of the environmental concerns associated with plastic bottles. This could create a new opportunity for the plastic bottle market. The use of recycled plastics in the production of plastic bottles could also help to address environmental concerns. Additionally, it could reduce the cost of production for plastic bottle manufacturers. The growth of e-commerce is creating a demand for lightweight and durable packaging, which is a benefit of plastic bottles. Plastic bottle manufacturers are downsizing their bottles to reduce the amount of plastic used and to cater to consumer preferences for smaller portion sizes. There is a trend towards premiumization in the plastic bottle market, with manufacturers offering high-quality plastic bottles with unique designs and features. Plastic bottle manufacturers are also starting to offer personalized plastic bottles, which appeal to consumers who want unique products. There is growing concern about the environmental impact of plastic bottles, including plastic pollution and the use of fossil fuels to produce plastic. This is leading to government regulations and consumer backlash against plastic bottles. The price of oil is a major factor in the cost of producing plastic bottles. Volatile oil prices can make it difficult for plastic bottle manufacturers to plan and budget. Technological advancements in the development of alternative packaging materials, such as glass or aluminum bottles, could restrain the growth of the plastic bottle market are these challenges need to be addressed.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Asia Pacific region currently holds the top spot in the global plastic bottle market. As of 2020, it accounted for around 35% of the total market share, this dominance can be attributed to factors like a large and growing population with rising disposable incomes. Increasing demand for bottled water and beverages. The rapid expansion of the e-commerce sector, where PET bottles are preferred for their lightweight and cost-effective transportation. North America and Europe these regions are mature markets with a well-established plastic bottle industry. However, growth here is expected to be slower compared to Asia Pacific. But, these regions are likely to focus on advancements in recycling technologies and eco-friendly plastic alternatives. Latin America and the Middle East & Africa these regions are expected to witness significant growth in the plastic bottle market in the coming years. This is due to factors like rising urbanization, the adoption of Western lifestyles, growing disposable incomes, and increasing demand for packaged goods.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024 - 2030 |
|
Market Size in 2023 |
US$ 289,199 million |
|
Market CAGR |
6.2% |
|
By Type |
|
|
By End User |
|
Download Free Sample Report
The plastic bottle market was valued at US$ 289,199 million in 2023 growing at a CAGR of 6.2%.
The plastic bottle market growth is fuelled by factors such as increasing demand for convenience packaging, rising disposable incomes, and growing urbanization.
Environmental concerns, volatile oil prices, and technological advancements for the development of alternative packaging materials are the restraints in the plastic bottle market
Biodegradable plastics, recycled plastics, growth of e-commerce, personalization, premiumization, and downsizing the plastic bottle size.
Market research is segmented based on based on raw material, end-user, and region.
Asai-Pacific is the fastest-growing region in the plastic bottle market.
| 1. Executive Summary |
| 2. Global Plastic Bottle Market Introduction |
| 2.1. Global Plastic Bottle Market Taxonomy |
| 2.2. Global Plastic Bottle Market Definitions |
| 2.2.1. By Raw Material |
| 2.2.2. By End User |
| 2.2.3. By Region |
| 3. Global Plastic Bottle Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Plastic Bottle Market Dynamic Factors - Impact Analysis |
| 3.6. Impact of COVID 19 on The Market |
| 3.7. Three Forecast Scenarios - Pessimistic, Conservative, and Opportunistic |
| 3.8. Mapping Market Player’s Activities |
| 3.9. Recent Key Developments |
| 3.10. Financial Status of the Market Players |
| 3.11. Recent Acquisitions, Collaborations, and Mergers |
| 4. Global Plastic Bottle Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Plastic Bottle Market Forecast, By Raw Material, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 5.1. Polyethylene Terephthalate (PET) |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Poly Propylene (PP) |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Low-density Polyethylene (LDPE) |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. High-density Polyethylene (HDPE) |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6. Global Plastic Bottle Market Forecast, By End User, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 6.1. Beverage |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Food |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Cosmetics |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Pharmaceutical |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Household Care |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Others |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7. Global Plastic Bottle Market Forecast, By Region, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Plastic Bottle Market - Opportunity Analysis Index, By Raw Material, End User, and Region, 2023 - 2030 |
| 8. North America Plastic Bottle Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 8.1. Raw Material Analysis 2019 - 2023 and Forecast 2023 - 2030 by Revenue (USD Million), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Polyethylene Terephthalate (PET) |
| 8.1.2. Poly Propylene (PP) |
| 8.1.3. Low-density Polyethylene (LDPE) |
| 8.1.4. High-density Polyethylene (HDPE) |
| 8.1.5. Others |
| 8.2. End User Analysis 2019 - 2023 and Forecast 2023 - 2030 by Revenue (USD Million), Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1. Beverage |
| 8.2.2. Food |
| 8.2.3. Cosmetics |
| 8.2.4. Pharmaceutical |
| 8.2.5. Household Care |
| 8.2.6. Others |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2023 - 2030 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. U.S. |
| 8.3.2. Canada |
| 8.4. North America Plastic Bottle Market - Opportunity Analysis Index, By Raw Material, End User, and Country, 2023 - 2030 |
| 8.5. North America Plastic Bottle Market Dynamics Trends |
| 9. Europe Plastic Bottle Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 9.1. Raw Material Analysis 2019 - 2023 and Forecast 2023 - 2030 by Revenue (USD Million), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Polyethylene Terephthalate (PET) |
| 9.1.2. Poly Propylene (PP) |
| 9.1.3. Low-density Polyethylene (LDPE) |
| 9.1.4. High-density Polyethylene (HDPE) |
| 9.1.5. Others |
| 9.2. End User Analysis 2019 - 2023 and Forecast 2023 - 2030 by Revenue (USD Million), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. Beverage |
| 9.2.2. Food |
| 9.2.3. Cosmetics |
| 9.2.4. Pharmaceutical |
| 9.2.5. Household Care |
| 9.2.6. Others |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2023 - 2030 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Italy |
| 9.3.5. Spain |
| 9.3.6. Rest of Europe |
| 9.4. Europe Plastic Bottle Market - Opportunity Analysis Index, By Raw Material, End User and Country, 2023 - 2030 |
| 9.5. Europe Plastic Bottle Market Dynamics Trends |
| 10. Asia-Pacific Plastic Bottle Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 10.1. Raw Material Analysis 2019 - 2023 and Forecast 2023 - 2030 by Revenue (USD Million), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Polyethylene Terephthalate (PET) |
| 10.1.2. Poly Propylene (PP) |
| 10.1.3. Low-density Polyethylene (LDPE) |
| 10.1.4. High-density Polyethylene (HDPE) |
| 10.1.5. Others |
| 10.2. End User Analysis 2019 - 2023 and Forecast 2023 - 2030 by Revenue (USD Million), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Beverage |
| 10.2.2. Food |
| 10.2.3. Cosmetics |
| 10.2.4. Pharmaceutical |
| 10.2.5. Household Care |
| 10.2.6. Others |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2023 - 2030 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Japan |
| 10.3.2. China |
| 10.3.3. India |
| 10.3.4. ASEAN |
| 10.3.5. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Plastic Bottle Market - Opportunity Analysis Index, By Raw Material, End User and Country, 2023 - 2030 |
| 10.5. Asia-Pacific Plastic Bottle Market Dynamics Trends |
| 11. Latin America Plastic Bottle Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 11.1. Raw Material Analysis 2019 - 2023 and Forecast 2023 - 2030 by Revenue (USD Million), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Polyethylene Terephthalate (PET) |
| 11.1.2. Poly Propylene (PP) |
| 11.1.3. Low-density Polyethylene (LDPE) |
| 11.1.4. High-density Polyethylene (HDPE) |
| 11.1.5. Others |
| 11.2. End User Analysis 2019 - 2023 and Forecast 2023 - 2030 by Revenue (USD Million), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Beverage |
| 11.2.2. Food |
| 11.2.3. Cosmetics |
| 11.2.4. Pharmaceutical |
| 11.2.5. Household Care |
| 11.2.6. Others |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2023 - 2030 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Argentina |
| 11.3.3. Rest of Latin America |
| 11.4. Latin America Plastic Bottle Market - Opportunity Analysis Index, By Raw Material, End User and Country, 2023 - 2030 |
| 11.5. Latin America Plastic Bottle Market Dynamics Trends |
| 12. Middle East and Africa Plastic Bottle Market Analysis, 2019 - 2023 and Forecast, 2023 - 2030 (Revenue, USD Million) |
| 12.1. Raw Material Analysis 2019 - 2023 and Forecast 2023 - 2030 by Revenue (USD Million), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Polyethylene Terephthalate (PET) |
| 12.1.2. Poly Propylene (PP) |
| 12.1.3. Low-density Polyethylene (LDPE) |
| 12.1.4. High-density Polyethylene (HDPE) |
| 12.1.5. Others |
| 12.2. End User Analysis 2019 - 2023 and Forecast 2023 - 2030 by Revenue (USD Million), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Beverage |
| 12.2.2. Food |
| 12.2.3. Cosmetics |
| 12.2.4. Pharmaceutical |
| 12.2.5. Household Care |
| 12.2.6. Others |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2023 - 2030 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Saudi Arabia |
| 12.3.2. GCC Countries |
| 12.3.3. South Africa |
| 12.3.4. Rest of MEA |
| 12.4. MEA Plastic Bottle Market - Opportunity Analysis Index, By Raw Material, End User and Country, 2023 - 2030 |
| 12.5. MEA Plastic Bottle Market Dynamics Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Raw Material Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Berry Global Group Inc. |
| 13.2.2. Amcor Plc |
| 13.2.3. Altium Packaging |
| 13.2.4. Plastipak Holdings Inc. |
| 13.2.5. Graham Packaging Company |
| 13.2.6. Clack Corporation |
| 13.2.7. Comar LLC |
| 13.2.8. Bulk Apothecary |
| 13.2.9. Illing Company |
| 13.2.10. Andler Packaging Group |
| 13.2.11. E2Global Inc. |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.
Download Free Sample
