HDPE Bottles Market: Notable Developments & Geographical Outlook
Projected
to cross the US$ 50 billion mark in 2019, the global revenue of HDPE bottles
landscape is likely to expand gradually year on year. As explained in a new
research study presented by Future Market Insights, the global HDPE bottles market will demonstrate passive
growth over the next few years; however, increasing inclination towards
adoption of HDPE as a raw material over conventional thermoplastics is likely
to be witnessed.
High
density polyethylene (HDPE), one of the most durable and versatile forms of
thermoplastics, is gradually gaining the title of a preferred packaging
material at a sluggish pace. While the top sought attributes of HDPE include
high strength-to-density ratio, weatherproof nature, chemical resistance,
lightweight characteristics, and economical price point, it more importantly
meets the FDA and USDA standards that are mandatory especially in case of the
use of HDPE bottles in food and beverages sector.
High Recyclability Accounts for Growing Popularity of HDPE Bottles
Low
quantity chemicals as well as drugs used for household or OTC applications are
generally packaged in HDPE bottles. A widely preferred container for chemical
products, HDPE bottles are highly recyclable. As the recycling process is relatively
less complicated and more efficient, packaging manufacturers are gradually
inclining towards HDPE as a raw material for packaging a range of products.
Being one of the most considerate and least permeable packaging formats, HDPE
bottles are likely to find widening applicability in packaging.
Asia Pacific Secures the HDPE Production Hub Title for
Manufacturers of HDPE Bottles
Asia
Pacific, especially China, has been contributing significantly to the global
HDPE production capacity over the years and according to FMI’s study, APAC
remains a significant HDPE producer in the near future. North America and
Europe also stand important in sustaining the HDPE production scenario, whereas
the report indicates promising performance of the Middle Eastern & African
region.
HDPE Bottles Find Growing Applications in Personal & Home Care
Products and Cosmetics
HDPE
bottles are prominently used in the F&B, automotive, personal care &
hygiene, and household care segments. Besides F&B, pharmaceuticals also
register a decent rate of adoption of HDPE bottles owing to being reliable in
terms of safety of packaged food and beverage products. The study points to
dramatically growing per capita expenditure on personal care and beauty
products worldwide, especially in developing economies. Escalating sales of
bath and shower products, dermatological products, and essential toiletries are
translating into increasing volume sales of HDPE bottles.
Globally,
over 100,000 HDPE bottles are expected to be sold by this year’s end. Growing
consumer spending power is playing a vital role in popularizing the usage of
HDPE bottles among packaging companies serving the personal care and cosmetics
industry. Moreover, the widening expanse of Ecommerce is encouraging demand for
HDPE bottles for a plethora of products across industries.
Is Recycled HDPE the Sustainable Solution to Cost Optimization?
With
an emerging alternative of recycled HDPE bottles, manufacturers are striving to
reduce dependency on the prices of raw materials. While high raw material cost
has been a longstanding factor suppressing wide adoption of HDPE bottles for
packaging, manufacturers are gradually opting for the usage of recycled HDPE
material for manufacturing HDPE bottles. Unilever recently launched recycled
HDPE bottles of a few recognized Australian brands selling personal and home
care products, in ANZ. The brands involved are Dove, Sunsilk, Surf, OMO, and
TRESemmé.
Leading packaging manufacturers are prominently focusing on
developing sustainable HDPE packaging solutions to meet stringent regulatory
standards set by governments of various countries. However, as the pricing
volatility prevails in the HDPE bottles landscape, it is most likely to pose a
negative influence on the future of HDPE in packaging. The HDPE bottles market
analysis by FMI offers deeper insights on how superior material alternatives
such as PET and LDPE are restricting rapid penetration of HDPE bottles. For a
closer look at the global HDPE bottles landscape
HDPE Bottles Market by Category
By Cap Type:
- Screw
Closures
- Snap
Closures
- Push-Pull
Closures
- Disc
Top closures
- Spray
Closures
- Dispensers
- Dropper
By Bottle Capacity :
- Less
than 30 ml
- 31 ml
– 100 ml
- 101
ml – 500 ml
- 501
ml – 1Lt
- Above
1Lt
By Visibility:
- Translucent
- Opaque
By Neck Type :
- Narrow
Mouth Bottles
- Wide
Mouth Bottles
By End-user Industry Type :
· Food
& Beverages
- Dairy
Products
- Juices
- Others
· Chemical
- Agro
Chemicals
- Industrial
Chemicals
- Lubricants
& Petrochemicals
- Specialty
Chemicals
- Pharmaceuticals
- Personal
Care & Cosmetics
- Homecare
& Toiletries
By Barrier Type:
- Low-barrier
Bottles
- High-barrier
Bottles
- Fluorinated
Bottles
- Polyamide
(PA) Layer Bottles
- Ethylene
Vinyl Alcohol (EVOH) Layer Bottles
By Region :
- North
America
- Latin
America
- Western
Europe
- Eastern
Europe
- Asia
Pacific (APAC)
- Middle
East and Africa (MEA)
- Japan
For more Information click here @ https://www.futuremarketinsights.com/reports/hdpe-bottles-market
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