North America Plastic Bottles and Containers Market - Growth, Trends, COVID-19 IPosted by Statzy Market Research on April 29th, 2021 Owing to the rising stringent regulations against plastic recyclability, plastic bottle and container manufacturers, coupled with end users, are expected to use more recyclable materials. - Another indication of the industry’s plastic and bottling strength and growth is shown in Plastic’s Committee on Equipment Statistics (CES) survey of North American shipments of plastics machinery, such as injection molding and blow molding equipment. For the past seven years, plastics machinery shipments increased year over-year (YoY). - PET and HDPE are the main polymers used for beverages in the United States. PET bottles are expected to hold a prominent share in the market. Plastic is a preferred packaging product by several manufacturers, due to their reduced manufacturing costs and their easiness. - However, the usage of plastic will gradually slow down with the growing awareness about environmental concerns. Many consumers in the United States and Canada are increasingly moving toward environment-friendly packaging materials. As the usage of plastic and plastic products have potentially hazardous implications on the environment, governments in these countries imposed very stringent rules and regulations in the industry, making it a relatively slower growing industry than other materials.​ - For instance, San Francisco’s international airport (SFO) recently banned convenience shops, restaurants, and vending machines from selling plastic water bottles. The change is a part of SFO’s five-year strategic plan. - One of the critical drivers for the LDPE bottles market is with an increase in some small households resulting in the high demand for commodities in day to day life, from consuming to storing will give a boost to the LDPE bottles market. - Though LDPE is less chemically resistant and rigid compared to HDPE, it is similar to HDPE in composition. LDPE is used in the manufacturing of squeeze bottles, such as ketchup and other products. - Alpla Inc., a plastic bottle and packaging manufacturer, announced a USD 6.9 million expansion of its Bowling Green facility, in Kentucky, to increase its LDPE bottle manufacturing capacities. The investments in LDPE packaging are anticipated to drive the LDPE bottle packaging market. Free Sample report for this report is available :- https://www.statzyreports.com/report/sr499059/north-america-plastic-bottles-and-containers-market
- According to Packaging Machinery Manufacturers Institute (PMMI), at 61% market share, plastic packagings, such as bottles, jars, compacts, and tubes, dominates the cosmetics and other personal care products categories, where plastic bottles are the most used containers, accounting for 30% of the market. - Moreover, the United States is one of the biggest markets when it comes to cosmetics, personal care products, and fragrances market. According to Cosmetic Executive Women (CEW’s) market trend studies, United States beauty sales accounted for USD 19 billion in 2019. Also, according to the Bureau of Labor Statistics, the average annual expenditure on cosmetics, perfume products per consumer units in the United States accounted for USD 197.01 in 2019 that grew from USD 145.91 in 2013. Thus, such huge growth in the cosmetic market is driving the plastic bottle and container market in the country. - Furthermore, cosmetic companies are taking the initiative for making plastic packaging used in their product to be sustainable. For instance, in August 2020, Loreal USA has joined 60 brands, retailers, government agencies, and NGOs in collaboration to advance all plastic packaging in the United States to become reusable, recyclable, or compostable by 2025. - July 2020 - SC Johnson, a United States prominent manufacturers of household cleaning products has announced a new line of Mr. Muscle Platinum Window & Glass cleaner featuring 100% recycled ocean-bound plastic bottles. The company aims to triple the amount of post-consumer recycled plastic content in packaging by 2025, including Mr. Muscle and several other product lines. For sample report please visit : https://www.statzyreports.com/report/sr499059/north-america-plastic-bottles-and-containers-market Contact Us: Like it? Share it!More by this author |