Plastic Bottle Manufacturing in the US
The prevalence of plastic containers and bottles has not immunized the Plastic Bottle Manufacturing industry to economic volatility. Industry revenue is expected to rise in 2018, despite rising input and per-unit end prices causing a decline in downstream demand. As globalization increases, imports will continue to challenge the viability of domestic manufacturing, forcing US manufacturers to innovate or decrease per-unit production costs to remain competitive. Additionally, mergers and acquisitions among large players have increased, enabling established players to increase their market share in a mature industry. Large players can more easily undertake product development, giving them an edge over competitors. Over the five years to 2023, consumer spending is anticipated to continue to increase and input prices are expected to stabilize, resulting in revenue increasing.
Operators in this industry manufacture a range of bottles from various plastic compounds based on their end use. These bottles are then sold to beverage, food and chemical manufacturers to use as packaging for soft drinks, milk, condiments and household and automotive chemicals. This industry does not manufacture reusable plastic bottles or other plastic containers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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