Global market for plastic containers to top 46 million metric tons by 2021

EUROPEAN PLASTICS NEWS

Published: July 22, 2014 10:56 am ET
Updated: July 22, 2014 10:59 am ET

Image By: Wikipedia PET preforms.

Related to this story

Topics Packaging

German research company Ceresana has released a study saying that it expects the global market for plastic containers to rise to 46.2 million metric tons in 2021.

Ceresana says that the market for plastic containers is very complex and is therefore subject to varying influences. The research company offers examples of factors to take into account which include, among others, low per capita consumption on some beverage markets in parts of Asia-Pacific, and the income development in the region, both of which result in a change in consumption.

The company highlights that things like unemployment due to the economic crisis play their part, along with government regulations which may affect the consumption of certain beverages.

Ceresana highlights that some segments within packaging containers report a shift from traditional materials towards plastics. However, plastic containers face increasing competition from flexible packaging solutions.

The company states that the demand for plastic containers differs widely from region to region. One example of this is plastic bottled water: many countries have organizations lobbying for a reduction of bottled water for environmental reasons, while in others consumers are turning to bottled water and other bottled drinks due to unsanitary tap water.

 Ceresana’s report states that there are also changes that occur within the market of rigid plastic containers. PET containers have been gaining in popularity, the company reports, especially in the business segments of carbonated soft drinks and bottled water. PET containers don’t weigh very much, can be recycled, don’t break and have good clarity.

 Apart from PET, Ceresana also highlights that containers made from PP are on the rise particularly in the food market.


Comments

Global market for plastic containers to top 46 million metric tons by 2021

EUROPEAN PLASTICS NEWS

Published: July 22, 2014 10:56 am ET
Updated: July 22, 2014 10:59 am ET

Post Your Comments


Back to story


More stories

Image

DS Smith adds to footprint with Croatian injection molding acquisition

September 10, 2014 2:05 pm ET

DS Smith plc, the London-headquartered packaging giant, has announced the acquisition of Kaplast dd, a Croatian injection molding company.    More

Image

Par-Pak Europe buys Holfeld Plastics

September 10, 2014 1:58 pm ET

Holfeld Plastics Ltd., the Ireland-based packaging manufacturer, has been bought by Par-Pak Europe (PPE) for an undisclosed sum.    More

Image

With help from Coke, Virent boosts production of bio-based paraxylene

September 9, 2014 4:52 pm ET

WASHINGTON — Bioplastics developer Virent is ramping up operations in Madison, Wis., thanks to additional investment from Coca-Cola Co.    More

Image

Chicago molder certified as woman-owned company

September 9, 2014 1:41 pm ET

The Women's Business Enterprise National Council (WBENC) has certified Magenta LLC as a woman-owned business.    More

Image

Bemis Co. Inc. selling pressure-sensitive materials business

September 8, 2014 9:51 am ET

Bemis Co. Inc. is selling off its pressure-sensitive materials business in a move that will raise cash to help expand the company's flexible packaging...    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events