Global Plastic-Based Water Packaging Market 2017-2021

Overview of the global plastic-based water packaging market

According to Technavio's analyst, the global plastic-based water packaging market is anticipated to grow at a steady rate and will post a CAGR of close to 8% during the forecast period. The increasing focus on lightweight packaging will drive the growth prospects for the global plastic-based water packaging market until the end of 2021. One of the major factors responsible for the growing preference and popularity of lightweight packaging materials is to reduce the cost of transportation, which, in turn, will boost the demand for plastic-based water bottle packaging products and accelerate the rate of revenue generation in the market. Furthermore, these bottles offer more top-load performance, require less raw materials for their production, recyclable in nature, and reduces the greenhouse gas emissions by 26% and the amount of waste entering landfills by more than 20%.

The increasing use of biodegradable plastics will drive the growth prospects for the global plastic-based water packaging market during the forecasted period. Some of the major factors responsible for the growing demand for biodegradable plastics is the associated benefits such as easy decomposability and less toxicity.

Competitive landscape and key vendors

The global plastic-based water packaging market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. It has been observed that these vendors in the bottled water packaging market are increasingly competing against each other based on factors such as price, quality, innovation, reputation, distribution, and promotion.

Key vendors in this market are -

• Amcor
• PET Power
• Silgan Holdings
• Plastipak

Other prominent vendors in the market include Alpha, EXOPackaging, INOAC, Parker Plastics, RESILUX, Sidel International, SKS Bottle & Packaging, Snapware, and Ultrapak.

Segmentation by geography and analysis of the plastic-based water packaging market

• Americas
• APAC
• EMEA

In terms of geography, APAC accounted for the majority market share during 2016 and will continue to dominate the bottled water packaging market for the next four years. Some of the major factors responsible for the market's growth in the region is the increase in population, awareness of the quality and safety of bottled water, and contamination of drinking water sources.

Growth drivers, challenges, and upcoming trends: Growing Demand for Aesthetically Appealing Packaging

Some of the major factors responsible for the growing number of investments in the development of convenient and aesthetically appealing packaging products is the ability of vendors to differentiate their products from their competitors and add value to their products.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the global plastic-based water packaging market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global plastic-based water packaging market?
• What are the key market trends impacting the growth of the global plastic-based water packaging market?
• What are the challenges to market growth?
• Who are the key vendors in the global plastic-based water packaging market?
• What are the market opportunities and threats faced by the vendors in the global plastic-based water packaging market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global plastic-based water packaging market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• Global Bottled Water Packaging Market 2016-2020
• Global Retail Glass Packaging Market 2017-2021
• Global Packaged Wastewater Treatment Market 2016-2020
• Bottled Water Market in South Africa 2016-2020

The packaging industry has the need to stay updated on all the available technologies to store and preserve products and plays a significant role across several industries including alcoholic beverages, semiconductors, pharmaceuticals, and food and beverages. Focused on helping packaging companies play a major role in the packaging industry, Technavio's analysts present clients with an exhaustive analysis of the different packaging services required by a variety of end-users. They also present the scope of the packaging market in various geographical locations, the leading vendors in the market, and the services provided by the players.

To identify the industry's growth prospects, market research analysts at Technavio follow a combination of primary and secondary research practices and consider factors like the market size and the demand for various products across different geographical regions. By analyzing a wide array of information on various parameters, including the changing preferences of customers and the products offered by competitors across the global and regional markets, our upcoming market research report on plastic based water packaging for the forecast period of 2017 to 2021 will help clients understand the constantly changing market landscape for the packaging sector.

This upcoming report on plastic based water packaging also considers the growth trajectory of related markets such as spout pouch and flexible protective packaging market, which are expected to grow at a CAGR of around 10% and 6% during the period of 2016 to 2020. According to our experts, the augmented demand for innovative and easy-to-use packaging solutions will contribute to the growth of the plastic based water packaging market. Besides well-crafted syndicated reports, Technavio also provides customized reports based on the specific client requirements to help them optimize their market positions and increase their profit margins.

The upcoming industry research report for plastic based water packaging market also identifies the key drivers, emerging market trends, as well as the challenges currently experienced by the packaging sector. It also presents insights into the changing competitive landscape to give you a realistic picture of the future direction of the transportation and logistics industry.