openPR Logo
Press release

PET Containers Market | High-demand for sustainable packaging solutions is expected to be the key driver for the growth of the Western Europe PET containers market over the forecast period, 2018 - 2028

04-19-2019 12:56 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

/ PR Agency: Fact.MR
PET containers

PET containers

Fact.MR delivers key insights on the PET containers market in its published report, titled “PET Containers Market: Industry Analysis and Opportunity Assessment, 2018–2028”. In terms of revenue, the PET containers market is estimated to expand at a CAGR of 5.1% during the forecast period, owing to numerous factors, about which Fact.MR offers thorough insights in this report.

Over 500 billion PET bottles are used globally for packaging of different goods in the food & beverages, chemical, household, personal care and other industries. PET containers are cost-effective packaging solutions that are used for packaging of mineral water, carbonated beverages, ready-to-drink and other food applications. On the basis of container type, market for PET containers is segmented into bottles, jars, pails, clamshells, trays and others (cans, cups, vials, etc.). On the basis of technology, the PET containers market is segmented into stretch blow molding, extrusion blow molding and thermoforming. Based on the end-use industry, the PET containers market is segmented into food, beverages, home care & personal care, healthcare & pharmaceuticals, chemical and others.

Request Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=1321 

High Consumption of Bottled Water Driving the Growth for PET Containers Market

According to Earth Day Organization, people in the U.S. purchased nearly 1 million PET containers of all types per minute in 2016. The customers in the developed countries have become more health conscious and are switching from sugary soft drinks to the healthier and more natural drinks. The sales of PET containers in bottled water application has grown at more than 10% rate for the past few years in the developed countries. The declining profit margins of carbonated drinks sales has been compelling the beverage companies to invest more on bottled water, which is consequently driving the sales of PET containers.

Lighter PET Containers in Packaging is Trending

The effort to provide lighter packaging has been one of the initial developments in plastic bottles, enabling it to surpass the volume of glass as the packaging option for brands/consumers. Nowadays, packaging manufacturers are trying to save even more by using lightweight PET containers. The advantage of lighter PET containers packaging are numerous, such as lower raw material cost and savings on shipping which can reduce the energy costs and volumes in landfill trashes. According to the International Bottled Water Association (IBWA), the average weight of a 500 ml PET containers has dropped by 48% in the recent past.

Browse Full Report @ https://www.factmr.com/report/1321/pet-containers-market 

Acceptance of Recycled PET Containers will continue to Grow

Plastics supply chain brands and packaging converters are nowadays focusing on design enhancements that will ease the collection and recycling of PET containers. According to PET Container Recycling Europe, PET containers recycling rate in Europe was nearly 56.3% in 2016 with an increase of 7.3% as compared to 2014. All the EU 28+ countries in 2016 exceeded the European Union minimum targets of 22.5% recycling.

Regulations against PET Containers Remain as a Potent Restraint for Market Growth

Plastic materials including PET containers are extremely harmful to the environment as it takes thousands of years to degrade. Recently, some of the state governments in several countries including the U.S., China and India have banned the use of PET containers and other plastic products. This has been restraining the growth of the PET containers demand.

You can Buy This Report from Here @ https://www.factmr.com/checkout/1321/S 

PET Containers: Highly Fragmented Market

The PET containers market is highly fragmented, where Plastipak Holdings, the largest players account for a mere 3% share. Plastipak produces nearly 40.1 billion PET containers and preforms. The top ten players in PET containers market make up only one-third of the market, although they cater to most of the applications. Key players operating in the PET containers market include Plastipak Holdings, Inc., RETAL Industries Ltd., ALPLA Werke Alwin Lehner GmbH & Co KG, Resilux NV, Taiwan Hon Chuan Enterprises Co., Ltd., Esterform Packaging Limited, Berry Group, Inc, Indorama Ventures Public Co., Ltd, Zhongfu Enterprise Co Ltd., and Eskapet Pet Ürünleri Kimya San. ve Tic. Ltd.

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/

Read Industrial News : https://theswisstimes.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release PET Containers Market | High-demand for sustainable packaging solutions is expected to be the key driver for the growth of the Western Europe PET containers market over the forecast period, 2018 - 2028 here

News-ID: 1710812 • Views: 149

More Releases from Fact.MR

Bolstering Sales of Anti-Ageing Products Uphold Market Growth for Personal Care …
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global personal care active ingredients market as well as the factors responsible for such a growth. Our highly dedicated professionals have inputted critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research.   We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to
12-03-2019 | Health & Medicine
Fact.MR
Growing Penchant for Office-Based Hysteroscope Likely to Prove Prospective for F …
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global hysteroscopy systems market as well as the factors responsible for such a growth. Our highly dedicated professionals have inputted critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research. We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to our clients regarding
12-02-2019 | Health & Medicine
Fact.MR
Asia Pacific Market for Anticoagulant Reversal Drugs Provoked by Wider Patient P …
In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global anticoagulant reversal drugs market considering 2016-2019 as the historic year and 2020–2020 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting anticoagulant reversal drugs market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume. The anticoagulant reversal drugs
Inclination towards Lightweight Suspended Scaffolding Proving Constructive for M …
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global suspended scaffolding market as well as the factors responsible for such a growth. Our highly dedicated professionals have inputted critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research. We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to our clients regarding

All 5 Releases


More Releases for PET

Recycled PET Market Share, Recycled PET Market Size, Recycled PET Market Trends, …
Scope of the Report: This study provides an overview of the global recycled PET market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for
Global Pet Product Market Segment by Type - Pet Food Products, Pet Drug Products …
Researchmoz added Most up-to-date research on "Global Pet Product Market Segment by Type - Pet Food Products, Pet Drug Products, Pet Health Products, Pet Feeding Products and Pet Clothing Products" to its huge collection of research reports. This report studies the global Pet Product market, analyzes and researches the Pet Product development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top
Pet Guardian App - Keeps Your Pet Healthy and Safe
One of the first things you need to do is to ensure that your pet is eating nutritious and healthy food. There are quite a number of good quality pet food brands to choose from. It's just as important to know what you should not be feeding your pet. These all types of information you will get easily through our Pet Guardian App, as there are cases where the food
Pet Health Products Market
A pet or companion animal is an animal kept primarily for one's company, protection, or entertainment. Popular pets are regularly noted for their attractive appearances and their loyal or playful personalities. While dogs and cats are the most preferred pet animals, people also keep house rabbits, fancy rats, guinea pigs, parrots, chickens, and aquatic pets. The trend of pet adoption and keeping is gaining rapid traction across the globe. The
Pet Project Malaysia 2013
To be held on 23rd March, 2013 (from 9am to 6pm) at The British International School of Kuala Lumpur in association with Expatriate Lifestyle, Pet Project Malaysia is BACK and we are once again “Getting Active to Help Save Animals”. Created in 2011, this is an event to unify the community in supporting animal welfare by doing something FUN and proactive. This event is open to the public and we
Pet Sitters International announces new partnership with Ultimate Pet Websites
Pet Sitters International announces new partnership with Ultimate Pet Websites Pet Sitters International (PSI) is pleased to announce that Ultimate Pet Websites is now a preferred provider for its more than 7,000 member businesses. FOR IMMEDIATE RELEASE PRLog (Press Release) - Aug 19, 2011 - Pet Sitters International (PSI) is pleased to announce that Ultimate Pet Websites is now a preferred provider for its more than 7,000 member businesses. The announcement comes on