PET bottle Market Growth Analysis | Rising adoption of PET as a packaging solution to drive growth
Trends, Drivers and Vendor Forecasts for 2022-2026
Accelerating at a CAGR of 4.07%, the PET bottle market is expected to post an incremental growth of $ 11.21 billion over the next five years. Amcor Plc, Alpha Plastics Inc., BASF SE, BERICAP Holding GmbH, Berry Global Group Inc., Captiva Co., Cospack America Corp., Graham Packaging Co., Ontario Plastic Container Producers Ltd., and Plastipak Holdings Inc. are among the key market players.
The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. In addition, our report offers a deep understanding of the key market players and their product portfolios. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.
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PET bottle Market: Market Segments and Key Trends
The PET bottle market is segmented by End-user (Food and beverage, Household, Personal care, and Others) and Geography (APAC, Europe, North America, MEA, and South America). APAC led the market with 51% of the market growth set to originate from this region during the forecast period. Stringent government regulations and policies on the use of plastics is one of the challenges that will need to be overcome to drive growth. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
PET bottle Market: Top Drivers to Boost Demand
Rising adoption of PET as a packaging solution is one of the primary factors driving the growth of the PET bottle market. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For additional insights on this market: Download FREE Sample Report.
Key Focus Areas in Our Reports:
- PET bottle Market Split by End-user
- Food and beverage
- Household
- Personal care
- Others
- PET bottle Market Split by Geography
- APAC
- Europe
- North America
- MEA
- South America
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Amcor Plc
- Alpha Plastics Inc.
- BASF SE
- BERICAP Holding GmbH
- Berry Global Group Inc.
- Captiva Co.
- Cospack America Corp.
- Graham Packaging Co.
- Ontario Plastic Container Producers Ltd.
- Plastipak Holdings Inc.
Browse through some of other related market research reports for more insights:
- Packaging Market in India: Accelerating at a CAGR of about 5.01%, the Packaging market in India is expected to grow by $ 15.80 billion during the forecast period.
- Plastic Packaging Market in Indonesia: Accelerating at a CAGR of 2.57%, the plastic packaging market in indonesia is expected to post an incremental growth of $ 1.00 bn over the next five years.
- Plastic Market in Thailand: The Global Plastic market in Thailand is expected to grow by $ 8.63 bn, decelerating at a CAGR of 4.72% till 2025.
- Rigid Plastic Packaging Market: Accelerating at a CAGR of over 5.89%, the rigid plastic packaging market is expected to grow by post an incremental growth of $ 63.73 bn over the next five years.
- Flexible Plastic Packaging Market: Accelerating at a CAGR of almost 5%, the flexible plastic packaging market is expected to grow by post an incremental growth of $ 40.13 bn over the next five years.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 4.07%.
- What is the incremental growth of the market?
The market is expected to grow by $ 11.21 bn through 2022-2026.
- What is a key factor driving this market?
Rising adoption of PET as a packaging solution will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
51% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are Amcor Plc, Alpha Plastics Inc., BASF SE, BERICAP Holding GmbH, Berry Global Group Inc., Captiva Co., Cospack America Corp., Graham Packaging Co., Ontario Plastic Container Producers Ltd., and Plastipak Holdings Inc.
- What are the market segments covered in this report?
The market is segmented by End-user (Food and beverage, Household, Personal care, and Others) and Geography (APAC, Europe, North America, MEA, and South America)
