Plastic Oblong Bottles Market: An Overview
Plastic Oblong Bottles are primarily used for Pharmaceutical, Personal care, and Beverage products. As Plastic is recyclable and as people are more concerned about the environment over the last few years, the Plastic Oblong Bottles market is expected to increase substantially during the forecast period. The bottles have straight sides and a flat bottom which results in efficient packaging due to its compact shape. The use of Plastic Oblong Bottles is an increase in Cosmetics, Pharmaceuticals and Personal care end-use industries for its effective packaging and innovative design that helps to attract the customers.
The Plastic Oblong Bottles are available in various capacity, small capacity bottles are used primarily in Cosmetics and Personal care products and large size bottles in alcohol beverage industries. It is expected that the market for Plastic Oblong Bottles will grow gradually throughout the forecast period.
Plastic Oblong Bottles Market: Dynamics
The factors which drive the Plastic Oblong Bottles market are a rise in Cosmetics, Pharmaceuticals and Beverage industries, increase in number of consumers and recent developments in technological advancements such as innovation in designs, use of graphics and holographs.
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The factors which restrain the Plastic Oblong Bottles market are fluctuations in raw material prices, shape constraints as only fixed quantity and volume can be delivered from Plastic Oblong Bottles, sustainability as plastics are non-degradable which increases the carbon footprint and availability of alternatives such as cans, bag in the box which provides ease in handling and transport than Plastic Oblong Bottles and bioplastics which are bio-degradable and bio-compostable.
Plastic Oblong Bottles Market: Segmentation
The Plastic Oblong Bottles market is segmented on the basis of the type of material, type of product, capacity, and applications.
The Plastic Oblong Bottles market is segmented on the basis of the type of material as
- High-Density Polyethylene
- Low-Density Polyethylene
- Linear Low-Density Polyethylene
The Plastic Oblong Bottles market is segmented on the basis of the type of product as
- Wide mouth
- Narrow mouth
The Plastic Oblong Bottles market is segmented on the basis of capacity as
- 0-100 ml
- 100-250 ml
- 250-450 ml
- 450-700 ml
- 700-1000 ml
- Above 1000 ml
The Plastic Oblong Bottles market is segmented on the basis of applications as
- Food and Beverage
- Personal care
- Oils and Lubricants
- Chemical industry
Plastic Oblong Bottles Market: Regional Outlook
North America is the largest market share contributor in the global Plastic Oblong Bottles market in terms of both value and volume and expected to remain to dominate the market during the forecast period. Europe is the second-largest market share contributor in the Plastic Oblong Bottles market due to a large number of consumers and is expected to have a slow growth rate in the Plastic Oblong Bottles market during the forecast period.
Asia-Pacific region and especially China, Japan and India expected to grow at an exponential rate in the Plastic Oblong Bottles market due to an increase in the disposable income of people in this particular region. Latin America, Middle East & Africa and Oceania are the regions that are expected to grow at a moderate rate during the forecast period in the Plastic Oblong Bottles market due to emerging economies and an increase in investment by the key players to expand their market.
Plastic Oblong Bottles Market: Key Players
Some of the key players in Plastic Oblong Bottles market are U.S. Plastic Corp., Dart Container, Amcor Limited, Practiv, D&W Fine Pack, The Cary Company, Alameda Packaging LLC, House of Cans, Inc., Andler Packaging Group, VWR International LLC, Thomas Scientific, Mediplast Corp, Aaron Packaging Inc, Sabert, Ardagh Group SA and Owens-Illinois Inc.
Plastic Oblong Bottles Market: Impact of COVID-19
As Plastic Oblong Bottles are primarily used for Beverages products such as wine, cold drinks, this market is expected to have a severe impact during the outbreak of COVID-19 pandemic. Many countries are in complete lockdown and which are not allowing the production of such beverages and as the production is stopped, the market might go through all-time low value during the COVID-19 outbreak. It is expected that, once the impact of this pandemic has slowed down, the Plastic Oblong Bottles market will rise gradually till the end of the forecast period.
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