Bottled Water Bests Soft Drinks in U.S. Sales for First Time
PLASTICS' new report focuses on plastic bottle innovation.
The bottling segment of the plastics industry is projected to grow by more than 6% over the next three years, according to Mark Garrison, senior v.p. of membership and 大象传媒 development at the Plastics Industry Association (PLASTICS). This data point can be found in the recently released PLASTICS Market Watch report: Plastic Bottles Today: Innovating to Reach Today’s Consumer.
According to PLASTICS, plastic bottles and jars represent approximately 75% of all plastic containers, by weight. Moreover, the organization projects continued growth across products and sectors, including beverage, food and water, household, pharmaceutical and automotive chemicals and fluids.
Meanwhile, bottled water consumption exceeded carbonated soft drinks in sales in the U.S. for the first time last year, growing by 8.5%, according to Beverage Marketing Corp. Also in 2016, plastic accounted for 41.2% of all beverage packaging units, according to this group.
The increased consumer demand for plastic bottles underscores the timeliness of the new report which examines the trends that shape the plastic bottling sector. Said Garrison, “Recognizing this upward trend, we’ll unveil the Bottle Zone at , as its will prove an invaluable resource for companies that work with PET preforms, blow molding, molds, labeling, filling, closures, design and inspection equipment.”
The Bottle Zone will cover more than 50,000-ft2 and feature more than 40 industry leaders presenting the latest advancements, technologies and supplies in bottling manufacturing.
The new report provides insight for the entire plastics industry and supply chain, as well as brands and other stakeholders, into the growth and usage of plastics for bottling and containers. Bottlers are currently using PET to develop lighter packaging that saves costs in raw polymers, energy and transportation. The PET bottle designs are also more attractive to consumers in packaging and sustainability. The PLASTICS report attributes PET’s significant growth to the high ranking of bottling in terms of plastics industry’s employment numbers, dollar value of shipments and capital expenditures.
Among the report’s key topics are: innovation, plastic bottle economics, bottling equipment & machinery, and recycling progress.
Related Content
-
Foam-Core Multilayer Blow Molding: How It’s Done
Learn here how to take advantage of new lightweighting and recycle utilization opportunities in consumer packaging, thanks to a collaboration of leaders in microcellular foaming and multilayer head design.
-
A Purge Solution for the Blow Molding and Compounding Industries
New commercial purge compounds for new industries from Chem-Trend.
-
Processing Megatrends Drive New Product Developments at NPE2024
It’s all about sustainability and the circular economy, and it will be on display in Orlando across all the major processes. But there will be plenty to see in automation, AI and machine learning as well.