North America Plastic Bottles and Containers Market by Material Type (High-density Polyethylene, Polypropylene, Polyethylene Terephthalate, Low-density Polyethylene, and Others), End- users (Pharmaceuticals [Oral Care, Nasal Spray, Dropper Bottles, Liquid Bottles, and Others], Food, Cosmetics, Household Care, Industrial, Beverages, and Others), and Geography (The US, Canada, Mexico, and Rest Of North America) – North America Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023–2031
North America Plastic Bottles and Containers Market Outlook
The North America Plastic Bottles and Containers Market size was valued at USD 30.03 Billion in 2022 and is expected to surpass USD 39.60 Billion by 2031, expanding at a CAGR of 3.12% during the forecast period, 2023 – 2031. Growth of the market is attributed to rising stringent regulations against plastic recyclability, increasing number of container & plastic bottle manufactures, and rising demand for convenient packaging solutions.
Plastic bottles and containers are having continued reuse capabilities. Plastic containers and bottles are used for package the food, medicines, and others. For the storage of liquids, packaging system is used majorly. It is also used for beverages. According to the need and demand the plastic containers and bottles vary in lucidity and size.
The Covid-19 pandemic affected the demand and supply of North America plastic bottles and containers market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
North America Plastic Bottles and Containers Market Trends, Drivers, Restraints, and Opportunities
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Rising demand for plastic bottles from packaging industry is projected to boost the market during the forecast period.
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Increasing consumption of pain relivers is major factor fueling the market.
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High cost of plastic bottles and containers is anticipated to hamper market growth.
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Lack of awareness about plastic bottles and containers is projected to hamper the market growth in the coming years.
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R&D investment and technological advancement in plastic bottles and containers is projected to create lucrative opportunities for the market players.
Scope of Plastic Bottles and Containers Market Report
The report on the North America plastic bottles and containers market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
North America Plastic Bottles And Containers Market–Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016-2021 |
Forecast Period |
2023-2031 |
Segmentation |
Material Type (High-density Polyethylene, Polypropylene, Polyethylene Terephthalate, Low-density Polyethylene, and Others), End- users (Pharmaceuticals [Oral Care, Nasal Spray, Dropper Bottles, Liquid Bottles, and Others], Food, Cosmetics, Household Care, Industrial, Beverages, and Others) |
Geographical Scope |
The US, Canada, Mexico, and Rest of the North America |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players covered in the Report |
Comar LLC; Plastipak Holdings Inc.; Graham Packaging Company LP; Altium Packaging (Loews Corp.); Gerresheimer AS; Alpha Packaging Inc.; Berry Global Group Inc.; Amcor Ltd.; Cospack America Corp.; Sonoco Products Company; Sealed Air; Container Corp. Of Canada; and Indorma Ventures Public Company Ltd. |
Plastic Bottles and Containers Market Segment Insights
The polyethylene terephthalate segment accounts for key share of the market
Based on material types, the North America plastic bottles and containers market is divided into high-density polyethylene (HDPE), polypropylene (PP), polyethylene terephthalate (PET), low-density polyethylene (LDPE), and others.
The polyethylene terephthalate segment accounts for a key share of the market. Growth of the market is attributed to rising usages of sustainable packaging solutions and reduced manufacturing cost. However, the polypropylene is anticipated to expand at a rapid pace during the forecast period due to increasing number of small households, rising demand for home commodities, and increasing per capita income.
The cosmetics segment is anticipated to hold major market share during the forecast period
Based on end-users, the North America plastic bottles and containers market is fragmented into pharmaceuticals, food, cosmetics, household care, industrial, beverages, and others.
The pharmaceuticals segment is sub-segmented into oral care, nasal spray, dropper bottles, liquid bottles, and others. The cosmetics segment is anticipated to hold a major market share during the forecast period.
Growth of the market is attributed to easy molding of plastic bottles and presence of major players in the region. However, the household care segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rapid urbanization, increasing investment by private sectors, and rising research & development in plastic bottle sector.
North America Plastic Bottles and Containers Market Regional Outlook
The United States is estimated to hold major market share
On the basis of region, the North America plastic bottles and containers market is categorized as The United States, Canada, Mexico, and Rest of North America.
The market of Canada is anticipated to expand at a high CAGR during the forecast period due to rapid growth in cosmetic sector and increasing population. The market of United States is expected to hold a major market share due to increasing purchasing power of individuals and rapidly growing economy.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plastic Bottles and Containers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Plastic Bottles and Containers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plastic Bottles and Containers Market - Supply Chain
4.5. Global Plastic Bottles and Containers Market Forecast
4.5.1. Plastic Bottles and Containers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plastic Bottles and Containers Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Plastic Bottles and Containers Market Absolute $ Opportunity
5. Global Plastic Bottles and Containers Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Plastic Bottles and Containers Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Plastic Bottles and Containers Demand Share Forecast, 2019-2026
6. North America Plastic Bottles and Containers Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Plastic Bottles and Containers Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Plastic Bottles and Containers Demand Share Forecast, 2019-2026
7. Latin America Plastic Bottles and Containers Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Plastic Bottles and Containers Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Plastic Bottles and Containers Demand Share Forecast, 2019-2026
8. Europe Plastic Bottles and Containers Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Plastic Bottles and Containers Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Plastic Bottles and Containers Demand Share Forecast, 2019-2026
9. Asia Pacific Plastic Bottles and Containers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Plastic Bottles and Containers Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Plastic Bottles and Containers Demand Share Forecast, 2019-2026
10. Middle East & Africa Plastic Bottles and Containers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Plastic Bottles and Containers Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Plastic Bottles and Containers Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Plastic Bottles and Containers Market: Market Share Analysis
11.2. Plastic Bottles and Containers Distributors and Customers
11.3. Plastic Bottles and Containers Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Comar LLC
11.4.2. Plastipak Holdings Inc.
11.4.3. Graham Packaging Company LP
11.4.4. Altium Packaging (Loews Corp.)
11.4.5. Gerresheimer AS
11.4.6. Alpha Packaging Inc.
11.4.7. Berry Global Group Inc.