Albany, NY -- (SBWIRE) -- 04/03/2019 -- HDPE packaging is used in industries such as food, beverage, pharmaceuticals, and consumer goods. Its properties of stiffness, moldability, and chemical resistance make it suitable for use in making various types of packaging including bottles, containers, cartons, bags, and others. Almost 70% of HDPE produced is used in packaging, both flexible and rigid. Its inert nature and ability to preserve products for long periods of time make it a popular choice in the food and beverage sector. The material also allows for easy printing, which is an important criterion for product promotion.

The major properties of HDPE packaging include stiffness, moldability, and chemical resistance, which make its suitable for use in various types of packaging including bottles, containers, cartons, bags, and others. HDPE packaging products are more attractive as they offer more printing options over substitutes, such as polyethylene terephthalate (PET).HDPE packaging is available in different colors and helps in product differentiation. The colors of the packaging products increase the aesthetic value of the products and attract the attention of the consumer resulting in more sales of HDPE bottles.

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One of the biggest advantages of HDPE is its ability to berecycled. Because of environmental concerns associated with the plastic usage, there are restrictions on the use of HDPE, which has necessitated therecyclingtrend in this market. The recycling of HDPE packaging products makes it unique among many plastics used in thepackaging industry. The developed countries such as the US and the UK have made crucial developments in recycling HDPE and have future targets to increase the recycling rate. Vendors are trying to achieve 80% recycling in HDPE milk bottles.

APAC is expected to be the fastest-growing region in the HDPE packaging market and is likely to register a growth rate of 5% during the forecast period. China dominates the HDPE packaging market in APAC because of the large scale manufacturing activity in the country. Growth in the packaging market in countries such as Singapore, Vietnam, Malaysia, and Indonesia will boost the demand for HDPE packaging in APAC in the coming years.

This report focuses on the global HDPE Packaging status, future forecast, growth opportunity, key market and key players. The study objectives are to present the HDPE Packaging development in United States, Europe and China.

The key players covered in this study
Amcor
Bemis
Berry Plastics
Sealed Air
Sonoco

Market segment by Type, the product can be split into
Bottles
Containers
Cartons
Bags
Others

Market segment by Application, split into
Beverage Industry
Consumer Goods Industry
Food Industry
Pharmaceutical Industry

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Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global HDPE Packaging status, future forecast, growth opportunity, key market and key players.
To present the HDPE Packaging development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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