Global PET Bottles Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2018–2027

“Global PET Bottles Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global PET bottles market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. Global PET bottles market report has been segmented on the basis of capacity, neck type, end use and region.

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This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our researchers have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Overview:

PET (Polyethylene terephthalate) is a thermoplastic polymer resin, and often used to manufacture plastic bottles, containers etc. Global PET bottles market is expected to witness substantial growth, owing to increasing demand for PET bottles from food and beverages industry.

Market Dynamics:

Global PET bottles market is expected to register significant growth, owing to rapid growth of food and beverages industry. In addition, increasing consumption of carbonated drinks, juices, health drinks etc., is expected to further fuel demand for PET bottles for packaging and will support revenue growth of the target market. PET material is widely used in personal and beauty care products for packaging, owing to its features such as durability and strong barrier resistance. Increasing consumption of beauty and personal care products is key factor expected drive revenue growth of target market. Moreover, increasing demand for bottled water for personal and residential use is expected to propel growth of the global PET bottles market. PET bottles is also used for packaging pharmaceuticals products such as medicines and other products, which is further expected to augment growth of the global PET bottles market. Ongoing trend of on-the-go consumption of beverages is expected to augment growth of the target market.

However, stringent government regulation regarding usage of plastic is expected to hamper growth of the target market to certain extent. In addition, increasing demand for eco-friendly packaging solutions is expected to hinder growth of the global PET bottles market over the forecast period.

Regional Insights:

Asia Pacific Market is expected to register significant growth, owing to growing urbanization and increasing disposable income. In addition, changing lifestyle of urban population is expected to generate demand for premium packaged products and hence support positive growth of the target market in the region. The region has strong presence of various PET bottle manufacturers and cost of production is lower as compared to other, which is a major factor expected to further drive growth the target market.

Market in North America is expected to witness substantial growth, owing to strong presence of healthcare industry. In addition, PET material is also used for packaging pharmaceuticals products such as tablets, powders etc., which is key factor expected to drive growth of the target market in the region. Increasing awareness regarding healthy lifestyle is expected to generate demand for health drinks is a key factor expected to support revenue growth of the target market. Markets in Europe, Latin America, and Middle East & Africa are expected to register moderate growth during the forecast period.

Segmentation and Key Players Operating in Global PET Bottles Market:

Segmentation by capacity:

• Up to 500 ml
• 500 ml to 1000 ml
• 1000 ml to 2000 ml
• More than 2000 ml

Segmentation by neck type:

• ROPP/BPV
• PCO/BPF
• ALASKA/BERICAP/OBRIST

Segmentation by end use:

• Food and beverages
• Personal care
• Home care
• Pharmaceuticals

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• RETAL Industries Ltd.
• Plastipak Holdings, Inc.
• Resilux NV
• ALPLA Werke Alwin Lehner GmbH & Co KG
• Esterform Packaging Limited
• Koksan Pet Plastik
• Taiwan Hon Chuan Enterprise Co., Ltd.
• PDG Plastiques S.A.S
• Zhongfu Enterprise Co Ltd.
• Alpha Packaging