While plastic is used in the packaging of various staple consumer products, the prevalence of plastic products has not immunized the industry to economic volatility. Soda production has faltered in recent years due to changes in consumer tastes, and as globalization increases, foreign imports will continue to challenge the viability of domestic manufacturing. However, as downstream markets recover from the recession and plastics remain a more effective, lower-cost alternative to glass or metal packaging, industry revenue will increase.
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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.