As our societies have become modern and more
aware about the social issues; they want to lead sustainable lifestyles being
environmentally cautious and thereby, they have started using eco friendly
household products like eco friendly water bottles etc. so that they can
contribute their shares towards preserving the environment they live in.
The industry research report titled, “Global Eco Friendly
Bottles Industry Situation and Prospects Research report” is a professional and comprehensive study on
the recent trends of the Eco Friendly Bottles industry. It primarily aims at the core regions which comprises of
continents namely- Europe, North America, and Asia and the key countries being United
States, Germany, China and Japan. An in-depth analysis of the industry
is carried out in this report with the integrity of logic and totality of
contents. It also does not fail to
provide a basic outlay of the industry with its specific definitions,
classifications, applications and industry chain structures along with market
analysis for international market including development history, competitive
landscape analysis, and major regions' development status.
The
report discusses all the relevant development policies and plans along with
manufacturing processes and cost structures and majorly focuses at leading global
industry players with data like: company profiles, product picture and
specification, capacity, production, price, cost, revenue and contact
information. The key players in the global eco friendly
bottles market namely include EcoXpac A/S, One Green
Bottle, Earthlust, Ecologic Brands Inc., SKS Bottle and Packaging Inc.,
Cascade Designs Inc., Pachamama, and Pepsi-Cola Metropolitan Bottling Company.
Recently, an amplifying support
for environmentalism among the global masses has been observed which has further
led to an increase in the adoption of eco friendly options in a variety of
household appliances. However, still there is a lack of environmental awareness
in the developing countries but this scenario is all set to improve in the
coming years leading to a holistic growth and development of the global eco
friendly bottles industry. Hence, the global eco friendly bottles market is exhibited to
record a robust CAGR in the coming years and is expected to register around USD 3.7 billion by 2022.
It has been discovered that polylactic
acid (PLA) is highly likely to supersede the global eco friendly bottles market
in future because of the convenience of its use in numerous application
sectors. Therefore, the polylactic acid market is anticipated to showcase
around 8% CAGR over the period 2017-2022 thereby accounting for more than 35%
of the global eco friendly bottles market. Moreover, even the bio-derived
polyethylene is anticipated to play a significant role in the development of this
market in the years to proceed by offering newer variants of eco friendly
mixtures that also do not cost much so that demand for the same remains stable
or increases throughout.
Geographically, North America has been the major contributor to
the global eco friendly bottles market and is further projected to record a
valuation of more than USD 1.1 billion by
2022 from a valuation of near about USD 617.2 million in
2017. Also, this market in Europe is forecasted
to maintain its position and persist being an important contributor to the
global market in the coming years.
The major factor driving
growth in the industry is witnessed as the concept of “sustainable development”
of packaging which is being given utmost priority nowadays. It is basically
considered as a pressing necessity ecologically which will definitely help the
eco friendly bottles industry generate massive revenues in the future globally.
Amidst the growing economic,
institutional and lobbying pressures, the major manufacturers in the industry
are trying their level best to ensure their endurance by embedding
sustainability systems into their business models in an optimum manner so that
the demand for eco friendly products keeps on rising year after year as and
when the consumers come across more variety of eco friendly products than the
ones they traditionally used. Thus, the global eco friendly bottles market is
all set to relish success in the coming years owing to increasing demands
coupled with increasing social and environmental awareness amongst people.
Keywords:
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Eco Friendly Bottles Market Analysis by Application
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Eco Friendly Bottles Manufacturing Cost Analysis
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Eco Friendly Bottles Market Demand
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Eco Friendly Bottles Industry Competitive Scenario
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Eco Friendly Bottles Industry Opportunities
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Eco Friendly Bottles Industry Volume Sales
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Eco Friendly Bottles Market Trends
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Bottles Market Forecast
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Ankur Gupta, Head Marketing &
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0124-4230204
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