Sustainable Packaging Boosts the Global Blow Molded Plastic Market of US$ 32,678.3 Million by the year 2032

The current valuation of the blow molded plastic market is US$ 14,688.4 million in 2022. The market value of the blow molded plastic market is anticipated to reach a high of US$ 32,678.3 million by the year 2032. The blow molded plastic market is projected to have a moderate-paced CAGR of 7.4% during the forecast period.

Survey Conducted by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Blow Molded Plastic Market over the Assessment Period 2022-2032.

A detailed study on blow molded plastic market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future.

As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global blow molded plastic market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales blow molded plastic in the coming 10-years.

Charts and data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download the sample report https://www.futuremarketinsights.com/reports/sample/rep-gb-4101

The current valuation of the blow molded plastic market is US$ 14,688.4 million in 2022. The market value of the blow molded plastic market is anticipated to reach a high of US$ 32,678.3 million by the year 2032. A historical CAGR of 6.9% has been recorded by the experts of Future Market Insights for the concerned market.

The blow molded parts are formed from various thermoplastic materials, including polypropylene, polyvinyl chloride, polyethylene, polyethylene terephthalate, polystyrene, and acrylonitrile butadiene styrene, amongst others.

Key Blow Molded Plastic Market Takeaways and Projections

  • The U.S. is expected to lead the North america blow molded plastic market, projecting the fastest growth in the region between 2022 and 2032
  • Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
  • China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
  • India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.

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Competitive Landscape Analysis

The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of blow molded plastic market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.

It also provides a list of leading players and recent development in the global blow molded plastic market. Some of the prominent market players are Alpha Packaging, Amcor Limited, APEX Plastics, Berry Plastics Corp., First American Plastic, Graham Packaging Co., HTI Plastics, Milacron, Plastipak Holdings, Sidel.

Key Segments in the Blow Molded Plastic Market

By Polymer:

  • Polyethylene (PE)
  • Polyethylene Terephthalate (PET)
  • Polypropylene (PP)
  • Polyvinyl Chloride (PVC)
  • Polystyrene (PS)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Others

By Application:

  • Packaging
  • Automotive & Transportation
  • Consumables & Electronics
  • Building & Construction
  • Others

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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