Trends and Growth Opportunities in the Global PET Packaging Market (2021-2026)
According to IMARC Group's latest report, titled “PET Packaging Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2021-2026”, the global PET packaging market exhibited moderate growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 5% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The rising awareness for eco-friendly products is primarily driving the PET packaging market growth. Additionally, the increasing demand for customized and different-sized packaging for consumer convenience and brand differentiation further augments the demand for PET packaging. Moreover, the growing consumption of packed beverages and ready-to-eat food products also acts as a growth-inducing factor. The widespread product adoption due to low production and shipping costs, minimal solid waste and storage requirements, and ease of transportation further impel the market growth. Furthermore, extensive research and development (R&D) activities for producing reusable and recyclable packaging solutions and the advent of plasma-based coating to make bottles more impervious also contribute to the market growth.
PET Packaging Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the PET packaging market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- GTX Hanex Plastic
- Huhtamaki
- Smurfit Kappa Group
- Dunmore Corporation
- Rexam
- CCL Industries
- Silgan Holdings
- Graham Packaging Company
Key Market Segmentation:
The report has segmented the PET packaging market on the basis of packaging type, form, pack type, filling technology, end user and region.
- Market Breakup by Packaging Type:
- Rigid Packaging
- Flexible Packaging
- Market Breakup by Form:
- Amorphous PET
- Crystalline PET
- Market Breakup by Pack Type:
- Bottles and Jars
- Bags and Pouches
- Trays
- Lids/Caps and Closures
- Others
- Market Breakup by Filling Technology:
- Hot Fill
- Cold Fill
- Aseptic Fill
- Others
- Market Breakup by End-User:
- Beverages Industry
- Bottled Water
- Carbonated Soft Drinks
- Milk and Dairy Products
- Juices
- Beer
- Others
- Household Goods Sector
- Food Industry
- Pharmaceutical Industry
- Others
- Beverages Industry
- Market Breakup by Region:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/pet-packaging-industry-report
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Browse Related Reports:
Europe PET Packaging Market Report: https://www.imarcgroup.com/europe-pet-packaging-market
Asia Pacific PET Packaging Market Report: https://www.imarcgroup.com/asia-pacific-pet-packaging-market
GCC PET Packaging Market Report: https://www.imarcgroup.com/gcc-pet-packaging-market
India PET Packaging Market Report: https://www.imarcgroup.com/india-pet-packaging-market
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