Global Blow Molded Containers Market Projected to Discern Stable Expansion During 2019 to 2029

ROCKVILLE, Md. - Oct. 31, 2019 - PRLog -- Fact.MR has recently published a latest assessment report on Blow Molded Containers Market, which discourses prime facets associated to the global blow molded containers market. At present, the proliferation of sustainable food & beverage packaging applications at the global scale has been conveniently supporting sales of blow molded containers. Furthermore, the report predicts an average annual growth of roughly 5.7% in the global blow molded containers market during the stated forecast tenure.


As per this FACT.MR study, the food & beverage industry records more than 70% of the global blow molded containers market due to shifting consumer preferences towards suitable and eco-friendly packaging solutions. Furthermore, fast-paced consumer lifestyle is prompting high demands for packaged food that primarily covers easy-to-make and ready-to-eat options. Such fluctuating consumer preferences have led to product development merged with innovative approaches across the global food & beverage packaging industry. This paves a sturdy path for blow molded containers that have been acknowledged as efficient packaging solution utilized across the food & beverage sector.

Biodegradable Plastic Solutions for a Globular Economy

There have been growing concerns associated to environment degradation due to extreme use of plastic, which has motivated the adoption of biodegradable or recyclable plastics. It has been noticed that governments all over the world have sanctioned stringent regulations which includes rigid ban on the use of plastic packaging.

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Asia Pacific Set to Register Dominant Market Share

With a stern emphasis on the geographical outlook, Asia Pacific is recorded to acquire major share in the global blow molded containers market. Since, China and India together exhibit more than 35% of the global population, these nation will register advanced growth rates in plastics processing markets. To be precise, Greater China has been operating as a manufacturing hub across this region, whereas other Asian countries like India, are also showcasing higher prospects during the coming years.

The final section of the report is dedicated to outline the competitive outlook related to the global blow molded containers market. Some of the leading players discoursed in the report include names like APEX Plastics, Inpress Plastics Ltd., Plastipak Holdings Inc., Visy Packaging Pty. Ltd., C.L. Smith Company, 3P Gulf Group etc.

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