A plastic bin refers to a large container or enclosed space for storing something in bulk, such as coal, grain or wool and many more. Plastic bins can be used for inventory, storage, transport or other use. They are used to protect their contents and resist damage caused by contact with extreme temperatures or with other objects while in transit or storage.
MARKET DYNAMICS
Plastic bins are majorly used in the packaging of food, beverages, pharmaceuticals, and cosmetics. Plastic bins are becoming more favorable for packaging food products due to their durability, light weight, non- permeability to moisture, and also protection from sunlight. Rising demand for rigid packaging from food and beverage manufactures to increase the shelf- life of the product has the positive influence on the plastic bins market. Also due to their visual appeal towards customer and convenience to manufacture them has derived the plastic bins market.
MARKET SCOPE
The "Global Plastic Bins Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the plastic bins market with detailed market segmentation by plastic type and distribution channel. The global plastic bins market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading plastic bins market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The plastic bins market is segmented into plastic type, and distribution channel. By plastic type, the plastic bins market is bifurcated into high density polyethylene (HDPE), polyvinyl chloride (PVC), polypropylene (PP) and others. By distribution channel, the plastic bins market is bifurcated into supermarkets & hypermarkets, specialty stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the plastic bins market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The plastic bins market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the plastic bins market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the plastic bins market in these regions.
MARKET PLAYERS
The report covers vital developments in the plastic bins market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the plastic bins market are anticipated to lucrative growth opportunities in the future with the rising demand for plastic bins in the global market. Below mentioned is the list of few companies engaged in the plastic bins market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the plastic bins market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Myer Industries
- Orbis Corporation
- Umbra
- Rubbermaid
- Allit AG
- Racco Great Britain Ltd.
- Busch Systems International Inc.
- Abfallabehaelter & Container Weber GmbH & Co. KG
- Perstorp Plastics AB
- Otto Materials