Press release
PET Packaging Market 2021 Analysis by Global Manufacturers – Amcor, CKS Packaging, Silgan, Gerresheimer, Plastipak, PET Power, Greiner Packaging, Alpha Group, Tetra Laval, Exopackaging, Parker Plastics, Savola Plastic
The PET Packaging Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies and analyzes the post-COVID-19 (Corona Virus) impact on the product industry chain based on the upstream and downstream markets, on various regions and major countries and on the future development of the industry are pointed out.The global PET Packaging market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.7% in the forecast period of 2020 to 2025 and will expected to reach USD 60670 million by 2025, from USD 52520 million in 2019.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the PET Packaging Market: Amcor, CKS Packaging, Silgan, Gerresheimer, Plastipak, PET Power, Greiner Packaging, Alpha Group, Tetra Laval, Exopackaging, Parker Plastics, Savola Plastic, Himalayan Group, SKS Bottle & Packaging, Parkway Plastics, Kian Joo Group, INOAC, Sidel International, RESILUX, among others.
OmniPack™ Stock PET Bottles Meet Demands of Ecommerce-Ready Packaging
April 29, 2020: Amcor has designed a family of stock polyethylene terephthalate (PET) bottles that help co-packers meet the demanding requirements for ecommerce-ready packaging.
Amcor has designed a family of stock polyethylene terephthalate (PET) bottles that helps co-packers meet the demanding requirements for ecommerce-ready packaging. OmniPack™ PET bottles increase capacity and reduce downtime because they have the same diameter with the same finish – only the height changes to accommodate the varying fill volumes.
Amcor partners 35 Consumer Goods Companies on recyclable packaging
December 8, 2020: Zurich, Switzerland: Amcor, in partnership with thirty-five leading companies in the consumer goods industry, has today announced measures to significantly reduce plastic waste. Amcor and its partners in this coalition – which have a collective turnover of 1 trillion euros - will be enforcing two new design rules to deliver packaging that is easier and more cost-effective to recycle.
The first design rule is expected to improve the economic viability of PET bottle recycling by removing colouring pigments and labelling that impact recycling rates. The second design rule will remove materials that are problematic for recyclers from all forms of plastic packaging. By implementing these rules, recycling will become easier, cheaper, more efficient and can scale faster - which will result in less waste leaking into the environment.
Amcor is a leading partner in implementing two significant initiatives from the Consumer Goods Forum’s CEO-led Plastic Waste Coalition of Action to reduce plastic waste. Consumer goods and packaging companies will reduce the use of materials that make it harder to recycle packaging. More than 60% ($7.71bn) of Amcor’s revenue comes from products designed to be recyclable. Amcor has pledged that all of its packagings will be recyclable or reusable by 2025
By Type, PET Packaging market has been segmented into:
Rigid packaging
Flexible packaging
By Application, PET Packaging has been segmented into:
Food
Beverages
Personal care & cosmetics
Household products
Pharmaceuticals
Others
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Influence Of The PET Packaging Market Report:
-Comprehensive assessment of all opportunities and risk in the PET Packaging market.
- PET Packaging market recent innovations and major events.
-A detailed study of business strategies for growth of the PET Packaging market-leading players.
-Conclusive study about the growth plot of PET Packaging market for forthcoming years.
-In-depth understanding of PET Packaging market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the PET Packaging market.
The report has 150 tables and figures browse the report description and TOC:
https://www.marketinsightsreports.com/reports/10022328384/global-pet-packaging-market-2020-by-manufacturers-regions-type-and-application-forecast-to-2025?source=Openpr&Mode=12
What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on regional scale.
Analytical Tools: The PET Packaging Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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