The high-density polyethylene (HDPE) packaging market is estimated to be valued at US$34.085 billion in 2018 and is projected to grow further in the coming years. HDPE is a thermoplastic made out of petroleum. It is one of the most widely used forms of plastic. Also used to make plastic containers and bottles to improve the shelf life of products. HDPE packaging also provides solutions for the packaging of chemicals for both household and industrial purposes.
The growing global working population and rising disposable incomes, especially in developing countries, are boosting the demand for convenient and packed food and beverage products. This, in turn, is fueling the use of HDPE packaging solutions which are safe and suitable for items such as milk and juice as they do not transmit any chemicals into food or drinks. Another driver of HDPE packaging market is booming cosmetics and personal care industry. Growing focus on physical appearance and personal hygiene are significantly augmenting the increased demand for personal care products for which packaging manufacturers are providing HDPE packaging solutions in the form of containers/bottles for liquid soap, shampoos and conditioners, bleach and other products. Rising e-retailing trends owing to the growing penetration of smartphones and mobile devices along with internet connectivity is further driving the consumption of personal care products, thus, positively impacting the growth of the global HDPE packaging market. Stringent government regulations regarding environmental sustainability are encouraging the use of sustainable HDPE packaging solutions which will continue to bolster the growth of the HDPE packaging market throughout the forecast period. However, the fluctuations in HDPE prices might lead to a negative impact on the growth of the HDPE packaging market. Moreover, the availability of better substitutes like LDPE also restrains the growth of the HDPE packaging market.
The High-Density Polyethylene (HDPE) Packaging Market – Forecasts from 2019 to 2024 is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by products, type, end-user industry, and geography.
The HDPE packaging has been segmented based on products, type, end-user industry, and geography. By-products, the market has been segmented on the basis of bags and pouches, bottles and vials, crates and containers, films, others. By type, the market has been segmented into flexible and rigid. By the end-user industry, the market has been divided into chemical, pharmaceutical, food and beverage, retail, and others.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa (MEA), and the Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the HDPE packaging market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the HDPE packaging market.
The HDPE packaging market has been segmented by products, type, end-user industry, and geography.
Bags and Pouches
Bottles and Vials
Crates and Containers
Food and Beverage
Middle East and Africa