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Global HDPE Blow Molding and Injection Molding Containers Market to Reach US$53.8 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for HDPE Blow Molding and Injection Molding Containers estimated at US$38.3 Billion in the year 2020, is projected to reach a revised size of US$53.8 Billion by 2027, growing at a CAGR of 5% over the analysis period 2020-2027.
Bottles & Packer Bottles, one of the segments analyzed in the report, is projected to grow at a 5.6% CAGR to reach US$20.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Pails segment is readjusted to a revised 4.3% CAGR for the next 7-year period. This segment currently accounts for a 13.9% share of the global HDPE Blow Molding and Injection Molding Containers market.
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