Nonwoven containers market is projected to witness higher gains over the forecast period owing to its wide demand as sustainable packaging solutions to personal care products, food and beverages, chemicals, pharmaceuticals products, logistics and courier services and electrical and electronics.
Nonwoven containers are fabricated by recycled plastics in the form of nylon and polyesters fibres composed from the chemical reaction of purified terephthalic acid (PTA) a plastic resin, dimethyl terephthalate (DMT), and monoethylene glycol (MEG). The shift in consumer preference toward environment friendly packaging materials coupled with strict government regulations are driving the nonwoven containers market across the globe.
These containers possess various properties such as durability, cost-effective, lightweight which makes it suitable for providing easy packaging solution for logistics and transportation. Nonwoven have become a popular choice in the industry as they are biodegradable in nature. Furthermore, growing R&D activities in regard to develop breakthrough technologies and advance products in terms of design and feature are the factors augmenting the nonwoven containers market growth. For instance, Amcor PLC launched a first of its kind container made from 100 percent post -consumer recycled content resin that is composed of recycled materials.
Nonwoven containers are available in market in different material type including polyethylene terephthalate, high density polyethylene, low density polyethylene, and polypropylene among other. Each material type has special unique features which makes them ideal for use by various industries. For instance, PET containers are widely used in packaging food and beverages because it preserves freshness, light in weight, and excellent tensile strength.
HDPE is most commonly used in storing household chemicals, milk and juice bottles, cosmetics as they exhibit properties such as chemical resistance, durable at low temperature. LDPE containers are extensively used in laboratories as they offer excellent chemical resistance and good strength. The wide range of application of these containers owing to its benefits and utility at various areas will certainly boost the growth rate of nonwoven containers market in upcoming years.
Nonwoven containers market can be segmented by product type, by material, and by application. On the basis of product type segment, bottle and jar segment is expected to grow at substantial rate due to its wide range of benefits such including durability and the excellent preservability. In terms of material type, PET is anticipated to dominate the market share owing to its features including light weight, tensile strength, excellent heat & cold resistance and others.
On the basis of application, food and beverages sector is likely to account for a notable revenue share of the global nonwoven container market. This can be attributed to the rising demand for sustainable packaging solution. Furthermore, the need for containers that increases the shelf life of food products is also a driving the nonwoven containers market.
Asia Pacific is estimated to dominate the market in terms of both value and volume. The growing population in countries such as India and China are responsible for huge customer base for FMCG products which in turn complement the demand for sustainable packaging solution. The growing awareness relating to the benefits of eco-friendly packaging is driving the nonwoven containers market in Asia Pacific. Improvement in food and beverage sector along with increasing expenditures on utility product will significantly drive nonwoven container market in North America.
The key market players in nonwoven containers industry include Amcor Limited, CCL industries, Smurfit Kappa Group PLC, PET Power, Berry Plastic Group Inc, Resilux NV, Masterchem, Gerresheimer AG.
By Product Type
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