Global PET Packaging Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028

Stratistics MRC's Global PET Packaging Market value is expected to reach $61.6 billion growing at a CAGR of 7.21% during 2023-2030.

In a variety of industries, including food and beverage (particularly preserved foods, fruit juice, etc.), healthcare, consumer goods, cosmetics, electronics, pharmaceuticals, cinematography, etc., polyethylene terephthalate is utilized as a recycled plastic material. It is incredibly sustainable and does not harm the environment. PET packaging is used in the packaging of consumer goods as well as to package beverages like juice, milk, and dairy products. PET is also used to package food, cosmetics, pharmaceuticals, and household cleaning detergents, in addition to beverage containers.
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Because of the spike in demand for single-serve and small-sized products packaged in materials like PET and metal cans as India embraces an on-the-go food consumption trend, Asia-Pacific is expected to maintain productive growth during the extended period. Flexible packaging materials like PET are still commonly used across the country since consumers are price-conscious and seek out products that offer value for their money. Additionally, in China, there is a growing demand for PET bottles. It is greatly impacted by the bottled water industry, including its major players like Master Kong and Nongfu Spring, as well as the large annual increase in bottled water consumption in China.
Some of the key players in PET Packaging market include Amcor Ltd, Berry Global Group Inc, Bischof + Klein SE & Co. KG, CCL Industries, Inc. , Clondalkin Group Holdings B.V, Comar LLC, Constantia Flexibles Group GmbH, Dunmore Corporation, Dupont de Nemours, Inc., Gerresheimer AG, Graham Packaging Company, GTX Hanex Plastic Sp.z.o.o, Huhtamäki Oyj, Klöckner Pentaplast GmbH & Co. KG, Mondi Group, Nampak Limited, Novolex Holdings, LLC, ProAmpac LLC, Resilux NV, Rexam plc, SCHUR FLEXIBLES GROUP, Sealed Air Corporation, Silgan Holdings Inc, Smurfit Kappa Group and Sonoco Products Company.
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