PET Bottle Market 2022-27: Growth Prospects, Analysis, Size, Share, Trends, Overview and Report

According to the latest report by IMARC Group, titled "PET Bottle Market: Global Industry Share, Size, Growth, Opportunity and Forecast 2022-2027", finds that the global pet bottle market reached a value of US$ 39.7 Billion in 2021. Looking forward, IMARC Group expects the pet bottle market to reach US$ 52 Billion by 2027, exhibiting at a CAGR of 4.46% during 2022-2027. Polyethylene terephthalate (PET) bottles are plastic containers and flasks specifically produced from thermoplastic polymers and organic compounds. They are manufactured through thermoforming, stretch blow, injection, and extrusion blow molding procedures. PET bottles are eco-friendly, recyclable, non-reactive, thermally stable, and have lower production costs as compared to other bottles composed of polypropylene (PP), high-density polyethylene (HDPE), and polyvinyl chloride (PVC). Besides this, they are strong, lightweight, durable, flexible, and unbreakable, due to which they are extensively used for packaging water, liquid medicines, and various alcoholic, non-alcoholic, and functional and carbonated beverages.

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PET Bottle Market Trends: 

The rapid growth in the food and beverage (F&B) and manufacturing sectors represents one of the key factors dricing the market growth. This is further supported by the growing need for ready-to-drink (RTD) beverages, which, in turn,  has facilitated the widespread adopted PET bottle across these industries for packaging various consumer goods. Moreover, manufacturers are widely adopting PET bottles due to their various benefits, including high transparency, glossy surface, high-pressure resistance, good barrier qualities, and lightweight. Moreover, the extensive utilization of PET bottles in the pharmaceutical industry as a preferred packaging solution for keeping drug formulations, home cleaners, mouthwashes, and other personal care commodities safe without affecting their quality is fuelling the market growth. Besides this, the proliferation of the e-commerce sector and the introduction of sustainable refillable and reusable PET bottles pertaining to rising environmental concers, are aiding in the expansion of the market.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Competitive Landscape:

Amcor Limited
Cospack America Corporation
BERICAP GmbH & Co. KG
Rexam, Inc.
Berry Global, Inc.
Graham Packaging Company Inc.
Container Corporation of Canada
Ontario Plastic Container Producers Ltd.
Constar Internationals, Inc.
Alpha Packaging
Alpack Plastics
Plastipak Holdings, Inc.
Resilux NV

Breakup by Capacity:

High
Medium
Low

Breakup by Distribution Channel:

Business to Business
Retail
Supermarkets and hypermarkets
Convenience Stores
Online
Others

Breakup by Color:

Transparent
Colored

Breakup by Technology:

Stretch Blow Molding
Injection Molding
Extrusion Blow Molding
Thermoforming
Others

Breakup by End-Use:

Packaged Water
Carbonated Soft Drinks
Food Bottles & Jars
Non-Food Bottles & Jars
Fruit Juice
Beer
Others

Regional Insights:

North America
Asia Pacific
Europe
Latin America
Middle East and Africa

Ask Analyst for Customization and Explore full report with TOC & List of Figures:  https://www.imarcgroup.com/request?type=report&id=583&flag=C

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:                                                           

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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