DUBLIN, Jan. 31, 2020 /PRNewswire/ — The “Plastic Bottles Market – Growth, Trends, and Forecast (2020 – 2025)” report has been added to ResearchAndMarkets.com’s offering. The plastic bottles market was valued at USD 159.68 billion in 2019 and is expected to reach USD 240 billion by 2025, at a CAGR of 5.5% over the forecast period 2020-2025.Plastic remains one of the most utilized packing materials than its equivalents like paper, glass, and metal. The low cost of packaging is encouraging its use in various industries. With environmental concerns arising in more and more countries, important players have boosted their investments in research and development to tackle environmental concerns and make plastic bottles safer for use. Plastic packaging has been witnessing an increasing inclination from consumers over other products, as plastic packages are light in weight and easier to handle. Similarly, even the major manufacturers prefer to use plastic packaging solutions, owing to their lower cost of production. The introduction of Polyethylene Terephthalate (PET) and High-Density Polyethylene (HDPE) polymers expanded plastic bottling applications...