(2023-2032) PET Packaging Market Potential Growth, Size, Share, Technology Trends And Opportunities

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

PET Packaging Market Size, Growth Rate, And Forecast
The global PET packaging market size is expected to grow from $70.90 billion in 2022 to $74.70 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The PET packaging market size is expected to grow to $92.32 billion in 2027 at a CAGR of 5.4%.

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PET Packaging Market Drivers
The emerging e-commerce industry across the globe is expected to propel the growth of the PET packaging market going forward. E-commerce (electronic commerce) refers to the purchasing and selling of goods and services, along with the transmission of payments and data, over an electronic network, primarily on the internet. PET packaging helps the e-commerce industry with the packing of food and beverage products.

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PET Packaging Market Segments
1) By Packaging Type: Rigid packaging, Flexible packaging
2) By Pack Type: Bottles and jars, Bags and Pouches, Trays, Lids or Caps and Closures, Other Packs (cups and clamshells)
3) By Filling Technology: Hot fill, Cold fill, Aseptic fill, Other Technologies (counter-pressure, low vacuum gravity, high vacuum gravity, and positive pressure)
4) By End-Use Industry: Food, Beverages, Personal Care and Cosmetics, Household Products, Pharmaceuticals, Other End-Use Industries (industrial goods and consumer durables)

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the PET Packaging market.

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PET Packaging Market Key Players
Major competitors in the PET Packaging market include Amcor Limited, Resilux NV, Gerresheimer AG, Berry Global Group Inc., Silgan Holdings Inc., CCL Industries Inc., EI du Pont de Nemours and Company, Rexam PLC

The Table Of Content For The PET Packaging Market Include:
1. Executive Summary
2. PET Packaging Market Characteristics
3. PET Packaging Market Trends And Strategies
4. PET Packaging Market - Macro Economic Scenario
5. PET Packaging Market Size And Growth
……
27. PET Packaging Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The PET Packaging Market
29. PET Packaging Market Future Outlook and Potential Analysis
30. Appendix

The Business Research Company's "Global PET Packaging Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

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