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Technavio’s market research analyst predicts the global high-density polyethylene (HDPE) packaging market to grow at a CAGR of around 5% by 2020. 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.
One of the biggest advantages of HDPE is its ability to be recycled. Because of environmental concerns associated with the plastic usage, there are restrictions on the use of HDPE, which has necessitated the recycling trend in this market. The recycling of HDPE packaging products makes it unique among many plastics used in the packaging 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.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-users
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
PART 15: Explore Technavio
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