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Strategic Analysis on High Density Polyethylene Bottles Market Forecast to 2028

(Food-Beverage-News.Com, September 22, 2021 )



Market Overview

Most plastic bottles utilize HDPE resins because they are inexpensive, impact & chemical resistant, and provide superior moisture barriers. HDPE is mostly used to create milk and juice bottles, but it can also hold household chemicals and detergents due to its chemical-resistant properties. Pigmented or colored HDPE bottles have an enhanced fracture-resistant property.



HDPE plastic offers a mildly stiff impact-resistant bottle with a high moisture barrier. The HDPE plastic bottles are available in various shapes and sizes. These plastic bottles can be paired with various closure options and come in white, natural, and amber HDPE plastic.



View full report: https://bit.ly/3CP1MuT



Market Dynamics

The global high density polyethylene (HDPE) bottles market growth is driven by rising demand for eco-friendly packaging and increasing use in the domestic sector.



Rising demand for eco-friendly bottles



The rising demand for eco-friendly bottles is expected to boost the high density polyethylene (HDPE) bottles market. Plastics are a quickly growing segment of municipal solid globally. While plastics are observed in all primary MSW categories, the packaging category had the highest plastic tonnage at over 14.5 million tons in 2018. While overall, the volume of recycled plastics is comparatively small, three million tons for an 8.7% recycling rate in 2018. The recycling of some particular types of plastics was found more significant.



The recycling rate for HDPE natural bottles was found almost 30% in 2018. New scientific testing has shown that HDPE comprises 97% of all plastic bottles on the can be reused and recycled for new bottles at least ten times. Various companies are launching sustainable HDPE bottles in the market with growing demand towards eco-friendly practices. For instance, In 2020- Berry Global Group, Inc. and Bhoomi will launch a 100% sugarcane-based HDPE bottle for its cold-pressed cane water elixir. This 12-ounce HDPE bottle is produced will replace Bhoomi’s standard PET bottle due to its water consumption reduction by 22.0%, fossil fuel consumption reduction by 62.6%, and greenhouse gas emissions reduction by 89.5% (12 tons CO2 equivalent annually).



Presence of alternatives in the market



The high-density polyethylene (HDPE) bottles market is impacted by the presence of alternatives. PET bottles have been hindering the market share of HDPE bootles due to their numerous properties such as being highly transparent, available in different colors, lightweight and tough against liquids and gases. PET bottles are also highly resistant to diluted acids, alcohols and oils.



Moreover, PET resins are comparatively 25-30% cheaper than HDPE resins and it offers the same recycling rate as HDPE. HDPE bottles also discharge estrogenic chemicals related to ordinary plastic that can affect human health, thus restraining the HDPE bottles market growth in the forecast period.



Segment Analysis

By Shape

• Cylinder

• Round

• Square

By Capacity

• Up to 250 ml

• 250 to 500 ml

• 500 to 750 ml

By End-User

• Dairy

• Chemical

• Cosmetic

• Pharmaceutical

• Food & Beverages

• Domestic

• Others



Download free sample: https://bit.ly/3EQtkBQ



Geographical Analysis

Europe region holds the largest market for the global high density polyethylene (HDPE) bottles globally



Europe region holds the largest market share for the high density polyethylene (HDPE) bottles market globally and is expected to continue its dominance in the forecast period. The key reasons for the growing HDPE bottles market are concerns about the use of non-biodegradable plastics and shifting to recyclable alternatives. Moreover, the countries have been imposing a ban on using various types of plastics, which is demanding local producers and companies to shift to sustainable alternatives for packaging.



Various companies have launched their new products with HPDE bottles, which is expected to create new opportunities in the region. For instance, in 2021- Alpla has been working with German manufacturer Beiersdorf to develop a new high-density polyethylene bottle for its NIVEA brand. The advanced bottle designed for a body lotion series will require about half the packaging material usually required. In 2020- Henkel AG has announced to shift to HDPE bottles for all its Perwoll line of laundry detergents in Western Europe that will be fully recyclable and will contain 25% post-consumer recycle.



Moreover, In 2020- Berry Bramlage Blow Moulding Specialities has launched new packaging for France-based lubricants company Motul’s new car care range. The 500ml HDPE bottle designed for Car Care will offer a square shape designed to distinguish it from the traditionally used varieties in this sector.



Competitive Landscape

The high-density polyethylene (HDPE) bottles market is highly competitive with the local player’s presence, followed by the global companies, contributing to the major share in the market growth. In addition, some of the key players contributing to the growth of the market are The Cary Company, SKS Bottle & Packaging Inc., Cospack America Corp, Alpha Packaging, Thermo Fisher Scientific, Frapak, Raepak Limited, 13.8. Merck & Co., Berlin Packaging, Kaufman Container Parker Plastics, Amcor PLC and others. The major players are adopting various new strategies to dominate the market, such as launching new products, acquisitions and collaborations, contributing to the growth of the high-density polyethylene (HDPE) bottles market globally.



Related Topic's

Low-Density Polyethylene Market, Linear Low-Density Polyethylene Market, Bio-based Polyethylene Terephthalate Market, Chlorinated Polyethylene Market, Metallocene Polyethylene Market

DataM Intelligence

Sai Kiran

+1 877 441 4866

pr@datamintelligence.com

Source: EmailWire.Com
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