Global PET Packaging Market Is Projected To Top US$ 124.1 Billion By 2032

Global PET Packaging Market 2023-2030, report discovers comprehensive insights on key manufacturers with share information, market size and projection, key dynamics, growth factors, and new company profiles. The report provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth in the coming years. PET Packaging Market opportunities analysis, strategic growth analysis, product launches, marketplace expanding, and technological innovations are also highlighted. The report uncovers PET Packaging market size, potential growth, trends and expansion strategies followed by top prominent players.

The Global PET Packaging Market Is Estimated Reach A Valuation Of US$ 77.2 Billion In 2022. With Sales Growing At A 4.9% CAGR, The Market Size Is Projected To Top US$ 124.1 Billion By 2032.

𝗚𝗲𝘁 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 𝗖𝗼𝗽𝘆 𝗼𝗳 𝗟𝗮𝘁𝗲𝘀𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗼𝗻 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 2023 𝗕𝗲𝗳𝗼𝗿𝗲 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲:
https://www.contrivedatuminsights.com/request-sample/248501

PET/PETE, also called polyethylene terephthalate, is a chemical compound that is used as a recycled plastic in many industries, such as food and drink (especially canned foods, fruit juice, etc.), healthcare, consumer goods, cosmetics, electronics, pharmaceuticals, filmmaking, etc. It's great for the environment and doesn't hurt its health in the long run. Thermoforming, gift packs for household toys, and other things are also done with PET packaging. The main parts of the compound are ethylene glycol and terephthalic acid. They are made by heating ethylene glycol and terephthalic acid strands and mixing them together. Then, the strands are cooled to make pellets.
The pellets are then sent to different factories where they are heated and shaped into the right shape and size. PET bottles are much better for the environment than other kinds of plastic bottles. PET products are good because they can be recycled, are strong, don't break easily, and don't let microorganisms grow on them. Habits of Waste.org says that about 481.61 billion PET bottles are used every year around the world. That's almost $40,1 billion every month. In the United States, the PET Resin Association (PETRA) says that more than 1.5 billion pounds of PET plastic bottles and containers are recycled every year. Because of this, the market for PET packaging will grow in the coming years as demand for PET grows in the healthcare and consumer markets.

𝗦𝗼𝗺𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗸𝗲𝘆 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗽𝗿𝗼𝗳𝗶𝗹𝗲𝗱 𝗶𝗻 𝘁𝗵𝗲 𝘀𝘁𝘂𝗱𝘆 𝗮𝗿𝗲
Berry Global (U.S.), Amcor (Australia), Sonoco Products Company (U.S.), Huhtamaki (Finland), Gerresheimer (Germany), Klöckner Pentaplast (U.S.), Schur Flexibles Group (Austria), Clondalkin Flexible Packaging (Amsterdam), Constantia Flexibles (Austria), Novolex Holdings, Inc. (U.S.), Dunmore (U.S.), Printex Transparent Packaging (U.S.), MD Group (U.K.), PDG PLASTIQUES (France), and Others.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻:

By Packaging Type:
• Rigid
• Flexible
• Others

By Filling Technology:
• Cold Fill
• Hot Fill
• Aseptic Fill
• Others

By Pack Type:
• Bottles
• Bags and Pouches
• Lids / Caps and Closures
• Trays
• Others

By End-user industry:
• Food, & Beverage
• Consumer Goods
• Pharmaceutical
• Others

𝗚𝗲𝗼𝗴𝗿𝗮𝗽𝗵𝗶𝗰𝗮𝗹𝗹𝘆, 𝘁𝗵𝗲 𝗱𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗼𝗳 𝗰𝗼𝗻𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻, 𝗿𝗲𝘃𝗲𝗻𝘂𝗲, 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝗵𝗮𝗿𝗲 𝗮𝗻𝗱 𝗴𝗿𝗼𝘄𝘁𝗵 𝗿𝗮𝘁𝗲, 𝗵𝗶𝘀𝘁𝗼𝗿𝗶𝗰 𝗮𝗻𝗱 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁𝘀 (2023-2030) 𝗼𝗳 𝘁𝗵𝗲 𝗳𝗼𝗹𝗹𝗼𝘄𝗶𝗻𝗴 𝗿𝗲𝗴𝗶𝗼𝗻𝘀 𝗮𝗿𝗲 𝗰𝗼𝘃𝗲𝗿𝗲𝗱:
• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀:
The market analysis has been done for North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. North America is likely to have the biggest share of the global PET packaging market in the next few years. In North America, the number of plastic packages is likely to go up in the U.S. Plastics Industry Association (PLASTICS) says that in 2020, the plastics industry in the U.S. was still one of the biggest parts of the economy and was still growing. In 2019, plastic products were the eighth most important part of the plastics industry in the United States. By 2020, the U.S. plastics industry will have shipped goods worth USD 394.7 billion.
Also, the use of recyclable plastic packaging like PET is making sales go up because the plastics industry is growing. In Europe, the demand for single-serve and small-sized PET packaging has gone up because ready-to-eat foods are becoming more and more popular. According to PLASTICS EUROPE, the European plastics industry made USD 335 billion in 2020, which was a small drop from the year before. Most of the industries that bought plastics were affected by the COVID-19 crisis. In 2021, companies that make plastic planned to spend a lot of money on chemical recycling technologies. The Asia-Pacific region has a big share of the PET packaging market. Plastic Packaging in Southeast Asia and China says that every year in China, 5,474,000 tonnes of PET bottles are used to package household items. Latin America is drinking more drinks, which means more PET packaging is needed. In 2020, people in Mexico bought 9,959 million gallons of water in bottles.

𝗧𝗼 𝗚𝗲𝘁 𝗖𝗼𝗺𝗽𝗹𝗲𝘁𝗲 𝗔𝗰𝗰𝗲𝘀𝘀 𝗢𝗳 𝗧𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗹𝗶𝗰𝗸 𝗛𝗲𝗿𝗲:
https://www.contrivedatuminsights.com/buy/248501

𝗧𝗮𝗯𝗹𝗲 𝗼𝗳 𝗖𝗼𝗻𝘁𝗲𝗻𝘁:
1. Executive Summary
2. Research Methodology
3. Market Outlook
4. Covid-19 Impact On PET Packaging Market
5. PET Packaging Market Overview, By Segmentation, 2017 - 2030 (USD Million)
6. PET Packaging Market Overview, By Geography, 2017 - 2030 (USD Million)
7. North America PET Packaging Market Overview, By Countries, 2017 - 2030 (USD Million)
8. Europe PET Packaging Market Overview, By Countries, 2017 - 2030 (USD Million)
9. Asia Pacific PET Packaging Market Overview, By Countries, 2017 - 2030 (USD Million)
10. Middle East & Africa PET Packaging Market Overview, By Countries, 2017 - 2030 (USD Million)
11. South America PET Packaging Market Overview, By Countries, 2017 - 2030 (USD Million)
12. Competitive Landscape
13. Key Vendor Analysis
14. PET Packaging Market Cost Analysis
15. Industrial Chain, Sourcing Strategy and Downstream Buyers
16. Marketing Strategy Analysis, Distributors/Traders
17. Market Effect Factors Analysis
18. Future Outlook of the Market

𝗥𝗲𝗮𝗱 𝗗𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗜𝗻𝗱𝗲𝘅 𝗼𝗳 𝗳𝘂𝗹𝗹 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝘁𝘂𝗱𝘆 𝗮𝘁
https://www.contrivedatuminsights.com/product-report/pet-packaging-market-248501

𝗪𝗵𝘆 𝗬𝗼𝘂 𝗦𝗵𝗼𝘂𝗹𝗱 𝗕𝘂𝘆 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁:
1. The forecast for the established and growing markets for global PET Packaging Market.
2. Use Porter's Five Forces analysis to analyze various market perspectives.
3. The market segment that is anticipated to dominate the PET Packaging industry worldwide.
4. Geographical areas that are anticipated to experience the quickest growth over the projection period.
5. Identify the most recent innovations, market shares for global PET Packaging and marketing techniques used by the leading industry competitors.

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𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝘀:
Anna B. | Head Of Sales
Contrive Datum Insights
Phone: +91 9834816757 | +1 2152974078
Email: anna@contrivedatuminsights.com

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.

This release was published on openPR.