Many new trends have emerged in the market such as the availability of hot-filling products in PET bottles and aseptic cold-filling PET bottles, which increase the shelf life of the products even if they are not kept at the optimum conditions. Recycling PET for re-use after sorting, cleaning, and transforming PET containers is also becoming popular in the market.
In terms of pack type, the bottles & jars segment accounted for the largest share in this market, in terms of both volume and value, among all pack type. The growing demand of sustainable & cost-effective packaging solutions in end-use industries such as packaged food, beverage, personal care, and pharmaceutical drives the bottles & jars segment.
Market Analysis and Insights: Global PET Packaging Market
The global PET Packaging market was valued at US$ 51040 million in 2019 and it is expected to reach US$ 66640 million by the end of 2026, growing at a CAGR of 3.8% during 2021-2026.
Global PET Packaging Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global PET Packaging Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Rigid packaging
Flexible packaging
Segment by Application
Food
Beverages
Personal care & cosmetics
Household products
Pharmaceuticals
Others
By Company
Amcor
Gerresheimer
PET Power
Silgan
Tetra Laval
Alpha Group
Plastipak
CKS Packaging
Exopackaging
Greiner Packaging
Himalayan Group
INOAC
Kaufman Container
Kian Joo Group
Parker Plastics
Parkway Plastics
RESILUX
Savola Plastic
Sidel International
SKS Bottle & Packaging
Snapware
Southeastern Container
Sunrise Containers
Temkin Plastics
Ultrapak
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
In terms of pack type, the bottles & jars segment accounted for the largest share in this market, in terms of both volume and value, among all pack type. The growing demand of sustainable & cost-effective packaging solutions in end-use industries such as packaged food, beverage, personal care, and pharmaceutical drives the bottles & jars segment.
Market Analysis and Insights: Global PET Packaging Market
The global PET Packaging market was valued at US$ 51040 million in 2019 and it is expected to reach US$ 66640 million by the end of 2026, growing at a CAGR of 3.8% during 2021-2026.
Global PET Packaging Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global PET Packaging Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Rigid packaging
Flexible packaging
Segment by Application
Food
Beverages
Personal care & cosmetics
Household products
Pharmaceuticals
Others
By Company
Amcor
Gerresheimer
PET Power
Silgan
Tetra Laval
Alpha Group
Plastipak
CKS Packaging
Exopackaging
Greiner Packaging
Himalayan Group
INOAC
Kaufman Container
Kian Joo Group
Parker Plastics
Parkway Plastics
RESILUX
Savola Plastic
Sidel International
SKS Bottle & Packaging
Snapware
Southeastern Container
Sunrise Containers
Temkin Plastics
Ultrapak
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.