Although the plastic bottle market in the United States serves a number of different industries and manufacturers, the beverage business continues to play a large role. According to Santa Monica, Calif.-based IBISWorld’s January 2013 report “Plastic Bottle Manufacturing in the US,” beverage bottles made up 45.5 percent of its total $12.4 billion in sales among the major market segmentations in 2012.
However, due to changes in consumer tastes and reduced spending, revenue in the carbonated soft drink production industry has declined since 2007, the market research firm’s report states. “This decline has led to weakened demand for the plastic bottles in which soft drinks are packaged,” according to the report. “In 2010, downstream markets began their recovery from the recession, and as a result, revenue for the plastic bottle manufacturing industry is expected to rise 2.4 percent in 2012.”