Global PP Containers Market: Overview
PP containers refer to polypropylene containers which are used to provide sufficient moisture barrier to the packaged product. PP containers have more clarity when compared to other plastic containers. PP containers are used for various industries such as food & beverages, cosmetics & personal care, consumer goods, and household. PP containers offer good stiffness as compared to HDPE and have a higher melting point. Chemical resistance and waxy surface are the properties boosting the PP containers market growth in the near future. PP containers can be molded into different shapes through either injection molding or thermoforming. Injection molding is generally used to manufacture thick-walled PP containers, whereas, thermoforming is mainly used to manufacture thin-walled PP containers in the packaging industry.
Global PP Containers Market: Dynamics
Increment in the flexible packaging solutions, which are re-usable, as well as compact as compared to rigid plastic containers for food, are expected to hamper the demand for PP containers. The global PP containers market is driven by the fact that these containers provide moisture barrier, vividness, and grease and oil resistance. The increasing usage of pouches, tetra packs, and other paper-based containers is expected to reduce the global PP containers market growth in the near future. The temperature tolerance of PP containers is expected to fuel market growth in the upcoming years.
Manufacturers prefer PP containers when durability and moisture barrier properties are taken into consideration. Leading players in the packaging industry are shifting towards sustainable, as well as compact packaging solutions, which is expected to hamper the growth of the PP containers market. However, adoption of plastic-based products in the packaging industry is anticipated to expand the PP containers market across the world, at a consistent rate. The increasing demand for flexible packaging solutions due to increment in innovative packaging solutions for retail packaging is estimated to reduce the demand for PP containers.
Global PP Containers Market: Segmentation
On the basis of product type, the global PP containers market has been segmented as:
- Jars
- Vials
- Bottles
- Bins
- Pails
- Crates
- Drums
- Trays & Lids
- Bowls & Cups
- Clamshells
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On the basis of technology type, the global PP containers market has been segmented as:
- Stretch Blow Molding
- Injection Molding
- Extrusion Blow Molding
- Thermoforming
- Other Technology
On the basis of end use, the global PP containers market has been segmented as:
- Food & Beverages
- Cosmetics & Personal Care
- Consumer Goods
- Households
- Pharmaceuticals
- Electronics & Electrical
- Paints & Lubricants
Global PP Containers Market: Key Players & Developments
Some of the manufacturers in the PP containers market are Lindar Corporation, Aaron Packaging Inc., Frapak Packaging B.V., CKS Packaging, Inc., Sonoco Products Company, and Alpha Packaging Inc. among others.
Some of the manufacturers in the PP containers market such as Lindar Corporation and Sonoco Products Company are offering variety of shapes and sizes for different types of applications. Manufacturers also provide PP containers for different applications and branding purpose in the competitive scenario.
Global PP Containers Market: Regional Outlook
According to the German Packaging Act, the recycling targets for different packaging materials will be increased, reaching 63% for plastic by the end of 2024, from the current 36% share. The manufacturers in the packaging industry are trying to eliminate single-use plastic which is not expected to affect much share of thick-walled containers negatively, yet offering negligible growth to PP containers.
In North America, the U.S. packaging industry is expected to account for more than 85% of the PP containers market in the near future. The PP containers market in countries such as India & China, is expected to have moderate growth in the upcoming years, as the demand for packaged compact solutions is increasing due to the high demand for consumer goods. In South Africa, manufacturers are seeking investments to enhance their business operations in the region expected to increase the pp containers market growth.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
