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PET and HDPE drive the growth of plastic bottles

Update:29-04-2020
Summary:

In the United States, the demand for plastic bottles co […]

In the United States, the demand for plastic bottles continues to grow: plastic bottles and plastic cans account for about 75% of all plastic containers. The Plastics Industry Association (PLASTICS, Washington, DC) recently released the top packaging plastics market observation report-"Plastic Bottles Today: Innovation Achieves Consumers", expected to include beverages, food, water, household, pharmaceutical, automotive chemicals, liquid products The industry's demand for plastics will continue to grow.

 

According to statistics from beverage marketing companies, the total volume of bottled water sold in the United States last year exceeded carbonated beverages, a year-on-year increase of 8.5%. According to estimates by BMC, sales of plastic bottled beverages fell by 41.2% year-on-year in 2016. In view of the growing consumer demand for plastic bottles, PLASTICS 'new report timely reflects the trends in the plastic bottle industry.

 

Mark Garrison, PLASTICS member and senior vice president of business development, said: "The bottling department of our industry is expected to grow by 6% in the next three years. Based on this upward trend, our participation in NPE2018 will show visitors PET preforming, blow molding, molds , Labeling, filling, closing, designing and manufacturing. "

 

Left-right red plastic dispenser pump 24410

 

Other highlights of the report:

PET and HDPE products currently account for about 86% of the plastic container market;

The largest PET bottle packaging market is disposable mineral water bottles, which are increasingly replacing soda water, and it is expected that annual sales will increase by 6%;

Over the past six years, plastic machinery shipments have increased year-on-year;

In 2015, the total shipment of basic equipment was 1.29 billion US dollars, an increase of 4.8% over 2014.

The study investigated the development of plastic bottles and containers throughout the plastics industry and supply chain, as well as brands and other stakeholders. Bottlers are currently using PET to develop lighter packaging, thereby saving raw materials, energy and transportation costs. PET bottle design is also more consumer appealing in terms of packaging and sustainability.

The report attributes the incredible growth of PET to employment in the plastics industry, the dollar value of goods and capital expenditures. With the rapid rise of bottled products, manufacturers must pay attention to key bottlenecks, challenges and opportunities.

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