Press release
Polyethylene Terephthalate (PET) Plastic Bottles Market Global Analysis By Latest Trends, Share And Growth By Territory To 2026
The Global Polyethylene Terephthalate (PET) Plastic Market report is an information hub that delivers exhaustive data about the industry ranging from the formation to the foreseeable growth trend. The key points, on which the report would focus, include the production strategies incorporated by the leading market competitors, global sales growth, factors influencing and restricting the market growth, and thorough analysis by market segmentation. The report provides summarized analytical data of the market competitors globally using advanced methodological approaches, such as SWOT analysis.Click Here To Access The Sample Report : https://www.stratagemmarketinsights.com/sample/13379
Polyethylene terephthalate (PET) plastic is widely used for manufacturing packaging materials such as bottles. Players operating in food and beverages industry are launching new products using different types of PET bottles thereby, fuelling growth of the global PET bottles market. For instance, in April 2017, New Bertolli brand introduced its olive oil in PET bottles. Growing demand for lightweight, convenient, and low cost packaging is also propelling growth of this market.
However, stringent regulations on PET material is hindering growth of this market. For instance, 21CFR177.1630 of the U.S. Food and Drug Administration regulates the use of PET in food contact surfaces and articles including bottles.
Market Dynamics :
Europe is held significant market share in 2017 in the global PET bottles market. Growing demand for plastic materials including PET for packaging applications such as bottles is the major factor driving growth of the PET bottles market. According to Plastics Europe, demand for PET held market share of 7.1% in the European Plastics market and is majorly used in manufacturing bottles for soft drinks, water, juices, cleaners, and others.
Players operating in the global PET bottles market are developing new products to cater the growing demand for PET bottles. For instance, in February 2018, Ecover launched PET bottle made from 100% recycled PET bottle for cleaning products.
Top Key Players :
o Berry Plastics Group Inc.
o GTX Hanex Plastic Sp. Z O.O.
o Gerresheimer AG
o Graham Packaging Company
o RPC Group
o Rexam PLC
o Silgan Holdings
o WestRock
o Exo Packaging
o Alpha Group
o Crown Holdings
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Key features of the study :
• This report provides in-depth analysis of PET bottles and provides market size (Billion Units) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2018 - 2026), considering 2017 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
• It profiles leading players in the global PET bottles market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies and future plans
• Key companies covered as a part of this study includes Amcor Limited, Berry Plastics Group Inc., GTX Hanex Plastic Sp. Z O.O., Gerresheimer AG, Graham Packaging Company, RPC Group, Rexam PLC, Silgan Holdings, WestRock, Crown Holdings, Exo Packaging, and Alpha Group
• Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology upgradation, market expansion, and marketing tactics
• The global PET bottles market report caters to various stakeholders in this industry including investors, suppliers, PET bottle manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the PET Bottles Market
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Stratagem Market Insights
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About Us:
Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with an cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our reports cover various end-use industries such as Aerospace and Defense, Agriculture, Food and Beverages, Automotive, Chemicals and Materials, Consumer Goods and Retail, Electronics, Energy, Mining, and Utilities, Pharmaceuticals, Manufacturing and Construction, Services, and Healthcare, and ICT.
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