webinar

Creating A Winning Culture: It’s Only data Unless you Use it!
View On-Demand Through December 10, 2014

Latest Headlines

US demand for plastic containers to exceed $32 billion in 2016

November 21, 2012
/ Print / Reprints /
ShareMore
/ Text Size+

US demand for plastic containers is forecast to increase 4.9% annually to $32.4 billion in 2016, consuming 14.2 billion pounds of resin. Growth will be driven by performance advantages over alternative packaging formats as well as a recovery in the broader economy following the 2007-2009 recession. Volume gains will lag value gains as the average weight per container unit continues to fall, reflecting preferences for small, single-serving containers in a number of food and beverage markets, and lightweighting of containers to reduce material use and enhance sustainability. Though plastic containers will face increased competition from pouches and other types of flexible packaging, these will often augment rather than replace rigid containers. PET and high density polyethylene (HDPE) are by far the leading plastic container resins, accounting for a combined 86% of demand in 2011. These and other trends are presented in Plastic Containers, a new study from The Freedonia Group, Inc. (www.freedoniagroup.com), a Cleveland-based industry market research firm.  

Bottles and jars, which represented 77% of plastic container poundage in 2011, are by far the leading plastic container type. Through 2016, plastic bottle and jar demand is expected to rise 2.8% per year to 165 billion units, moderated by the already-dominant position of plastic in many applications, with few new areas existing for large-scale conversions. Additionally, bottle unit growth in the 2001-2006 period benefited significantly from skyrocketing sales of bottled water. Going forward, a substantial deceleration in bottled water growth is expected based on environmental considerations. Still, advances will be aided by healthy prospects for smaller single-serving beverage bottles. Among major bottle and jar markets, the fastest gains are anticipated for pharmaceutical and food applications. 

Faster volume gains are anticipated for other plastic container types, such as tubs, cups, and bowls. Demand will be supported by the convenience, portability, and portion control benefits of single-serving cup packaging as well as favorable outlooks for certain foods (e.g., yogurt, hummus, single-cup coffee) typically packaged in tubs and cups. A rebound is expected for plastic pails based on a recovery in construction activity from low levels in 2011, which will boost demand for paints, adhesives, driveway sealers, and other goods typically packaged in pails.   

Did you enjoy this article? Click here to subscribe to Food and Beverage Packaging

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 Beverage Breakthroughs of the Year

Beverage packaging innovations huff, puff and blow traditional packaging down.
12/10/13 2:00 pm EST

Creating A Winning Culture: It’s Only data Unless you Use it!

On-Demand Manufacturers are often trying to answer a simple question: why is my machine stopped?  Or more precisely what caused my machine to stop?

THE MAGAZINE

Food and Beverage Packaging

FBP April 2014 cover

2014 April

Check out the April 2014 issue of Food & Beverage Packaging, featuring our annual Packages of the Year cover story!

Table Of Contents Subscribe

Packaging Formats

Which packaging format do you want to see more of with regards to meat/poultry/seafood packaging?
View Results Poll Archive

The Food and Beverage Packaging Store

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\FBP\modified-atmosphere.gif
Modified Atmosphere and Active Packaging Technologies

Many factors are relevant in making the proper choice of food packaging material, including those related to shelf life and biodegradability.

More Products

FBP Buyer's Guide

2013 FBP Buyers Guide

 

 

Food and Beverage Packaging's Buyer's Guide provides a list of suppliers of food and beverage packaging solutions. 

Clear Seas Research

CS-OflRGBhomepage.jpgWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

Facebook icon Twitter iconYoutube icon LinkedIn icon