LDPE Containers Market

LDPE Containers Market Overview

The global LDPE containers market was valued at roughly US$ 41.4 Bn in 2021. According to Future Market Insights (FMI), overall sales of LDPE containers are estimated to reach a valuation of nearly US$ 59 Bn by 2032, growing at 5% - 6% CAGR during the forecast period.

LDPE is a commonly used polyethylene used to make bars, jars, bottles, and pouches due to its structural strength and impact resistance. Hence, the adoption of LDPE containers is rising in chemicals and food and beverages sectors, thereby augmenting the growth in the market.  

Growing demand for packaged food, along with increasing hygiene and safety concerns in countries such as India, China, the U.S., and the U.K. are projected to increase the applications of LDPE containers in the forthcoming years.

In addition to this, increasing penetration of internet is projected to surge online retail activities, which will spur demand for these products for e-commerce transportation.

Subsequently, applications of flexible packaging in the healthcare sector are increasing due to the growing demand for vaccines, medicines, and biomedical products. Driven by this, sales of LDPE container will increase at a considerable pace over the forecast period.

Which Factors are Bolstering the Adoption of LDPE Containers?

Usage of LDPE containers in the food and beverage industry is increasing due to its moisture resistance and extensive storage properties, thereby driving the market.

LDPE is found to contain no bisphenol A (BPA). Growing awareness regarding the risks of BPA on the health is likely to bolster the application of LDPE containers. Besides, benefits of LDPE packaging such as nominal weight, durability, and resistant properties will further bolster the growth in the LDPE containers market.

Rising concerns regarding carbon emission is estimated to propel application of light weight plastics, which will continue spurring demand for LDPE containers in the forthcoming years.

Which Factors are Limiting the Sales of LDPE Containers?

Growing preference for environmentally friendly packaging solutions and awareness about single-use plastics and concerns associated with its disposal are projected to inhibit the use of LDPE containers.

Also, the introduction of stringent government regulations against the use of plastic and demand for oxo-biodegradable materials will further limit sales. Apart from this, changing prices of the raw materials used in the manufacturing of LDPE containers is expected to hamper the growth in the market.

What is the Sales Outlook for LDPE Containers Market in Asia Pacific?

According to FMI, Asia Pacific is projected to dominate the global LDPE containers market during the forecast period. Growth is attributed to the increasing consumption of processed and ready-to-eat meals in countries such as China, India, and Japan.

Additionally, increasing incidence of lifestyle-related disorders such as diabetes and blood pressure is spurring demand for injections and medicines. This, in turn, will fuel the adoption of LDPE containers in the pharmaceutical sector in Asia Pacific.

Furthermore, expansion of the ecommerce sector is generating interest in online shopping in countries such as China and India. Hence, increasing sales through online channels will bolster the applications of LDPE containers.

Ismail Sutaria

Principal Consultant

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Why is North America Considered the Epicenter for the LDPE Market Growth?

North America is projected to exhibit fastest growth in the global LDPE containers market during the forecast period. Growing awareness regarding the risks of plastic-based products is increasing the demand for packaging products without BPA. This is projected to augment the sales of LDPE containers in the region.

Also, the easy availability of LDPE polymers in the U.S. is boosting its use as a resin for the development of containers, thereby spurring demand for LDPE containers.

Besides this, ongoing expansion of the plastics and packaging industries in the U.S. will continue boosting the demand for LDPE containers in the region.

Market Competition

Key manufacturers players operating in the global LDPE containers market include CP Lab Safety Inc., Polymers Merona Inc., Amcor Limited, SKS Bottle & Packaging Inc., Thermo Fisher Scientific Inc., O. Berk Company LLC, Vivek Polymer India, TYH Container Enterprise Co. Ltd., and Zhejiang Zhenhua Plastic Co. Ltd., among others.

Key players are focusing on improving their manufacturing processes to develop high mechanical strength packaging solutions. Furthermore, companies are adopting new business strategies such as collaborations, partnerships, and acquisitions to gain a competitive edge in the market.

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Scope of Report

Key Segments Profiled in the LDPE Containers Market

Product Type:

• Jars
• Bottles

End Use:

• Food & Beverages Packaging
• Chemical Packaging
• Industrial Packaging
• Pharmaceutical Packaging
• Retail Packaging
• Personal and Homecare Packaging

Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan (APEJ)
• Japan
• Middle East & Africa