The Asia Pacific Plastic Bottles Market size is estimated at USD 5.97 billion in 2024, and is expected to reach USD 6.91 billion by 2029, growing at a CAGR of 2.98% during the forecast period (2024-2029). In terms of production volume, the market is expected to grow from 6.5 million tonnes in 2024 to 7.49 million tonnes by 2029, at a CAGR of 2.87% during the forecast period (2024-2029).
Plastic bottles are crucial in various sectors, including the beverage, food, cosmetics, and pharmaceutical industries. New technologies and the emergence of heat-resistant PET bottles are opening new possibilities and options, which might push the market demand over the forecast period.
The Asia-Pacific plastic bottles market is fragmented, with various domestic and international players such as Gerresheimer AG, Pact Group Holdings Limited, Berry Global Inc., Shenzhen Zhenghao Plastic & Mold Co. Ltd, Manjushree Technopack Limited, and others. The companies operating in the region are focused on expanding their businesses through collaborations, expansions, investments, and other strategies.
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