US plastic container demand to hit $32 billion in 2016

Published: November 8, 2012 6:00 am ET

Related to this story

Topics Packaging Blow Molding
Companies & Associations

CLEVELAND (Nov. 8, 1:45 p.m. ET) — U.S. demand for plastic containers will grow an average of 4.9 percent annually through 2016, as the market recovers from the 2007-2009 recession, according to a new market study.

Growth will be moderated by a deceleration in bottled water growth and the lack of near areas for large-scale conversions from metal or glass.

Demand for containers will reach $32.4 billion in 2016, consuming 14.2 billion pounds of resin, according to the report, “Plastic Containers,” from Cleveland-based Fredonia Group Inc.

Plastic containers will face competition from pouches and other types of flexible packaging, but these will often augment rather than replace rigid containers, according to the study.

The 386-page report costs $5,100.


Comments

US plastic container demand to hit $32 billion in 2016

Published: November 8, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Colormasters' film investments add capacity and capability

April 17, 2015 11:35 am ET

Colormasters LLC continues to invest in new film and converting capacity to keep up with demand for its flexible packaging products.    More

Image

Thailand's Royal Group adding thermoforming plant in Indiana

April 17, 2015 11:17 am ET

Royal Interpack North America Inc. is spending $12 million to make recycle-content PET clamshell containers in Anderson, Ind.    More

Image

Inteplast buys Canadian film maker Haremar, bag maker El-En

April 13, 2015 4:29 pm ET

Inteplast Group has increased its business in Canada with the acquisition of a specialty polyethylene blown film coextruder.    More

Image

Reliance finds room to grow in North Carolina

April 9, 2015 3:04 pm ET

Reliance Packaging LLC expects to grow significantly during the next three years, both in production of heavy-duty plastic bags for the lawn and...    More

Image

Silgan to hire 120 for new plant

April 9, 2015 2:57 pm ET

New details are emerging about Silgan Plastics' plans for a new production facility in Hazelwood, Mo., near St. Louis.    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events