PET Packaging Market Expects Strong Growth by 2025: Market Size, Key Players, and Trends

"
The PET packaging market is witnessing robust growth driven by rising beverage consumption, food packaging popularity, and the burgeoning e-commerce industry.

What Is The Projected Market Size Of The Global PET Packaging Market And Its Growth Rate?
The global PET packaging market has been exhibiting strong growth over recent years.
• The market size grew from $78.38 billion in 2024 to an estimated $82.69 billion in 2025, marking a compound annual growth rate (CAGR) of 5.5%.
• This growth pattern is expected to continue with the market size projected to further expand to $107.61 billion in 2029 at a CAGR of 6.8%.
• Factors driving this growth include economic considerations, regulatory support for pet recycling, shift towards lightweight packaging, focus on circular economy, and eco-friendly initiatives among others.

What Is Driving The Growth In The PET Packaging Market?
The burgeoning e-commerce industry worldwide is a significant driver for the PET packaging market. E-commerce involves online purchase and sale of goods and services, coupled with data transmission and payment procedures. PET packaging aids the industry in packing food and beverage products. In the first quarter of 2022, the US Department of Commerce reported that retail e-commerce sales increased by 2.4% as compared to the same quarter in the previous year, valued at $250.0 billion. Therefore, the growing e-commerce industry worldwide is propelling the PET packaging market.

Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7966&type=smp

Who Are the Key Players Driving PET Packaging Market Growth?
Several leading companies are operating in the PET packaging market including:
• 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, Smurfit Kappa Group
• Klöckner Pentaplast GmbH & Co KG, among others.

What Are The Key Trends In The PET Packaging Market?
Key trends in the PET packaging market include:
• Growing adoption of post-consumer recycled (PCR) pet
• Innovations in barrier properties
• Emphasis on shelf appeal and design
• E-commerce packaging solutions
• Smart packaging and track-and-trace technologies
• Convenience features in PET packaging.

What Are The Segments Of The Global PET Packaging Market?
The PET packaging market can be categorized into the following segments:
1) Packaging Type: Rigid packaging, Flexible packaging
2) Pack Type: Bottles And jars, Bags And Pouches, Trays, Lids Or Caps and Closures, Other Packs (Cups And Clamshells)
3) Filling Technology: Hot Fill, Cold Fill, Aseptic Fill, Other Technologies
4) End-Use Industry: Food, Beverages, Personal Care And Cosmetics, Household Products, Pharmaceuticals, Other End-Use Industries.

Which Region Leads The PET Packaging Market?
North America was the largest region in the PET packaging market in 2024. During the forecast period, Asia-Pacific is expected to be the fastest-growing region. The PET packaging market report covers several regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/pet-packaging-global-market-report

What Is Covered In The PET Packaging Market Report?
- Market Size Analysis: Analyze the PET Packaging Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the PET Packaging Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall PET Packaging Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the PET Packaging Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Request Customization for This Report:
https://www.thebusinessresearchcompany.com/Customise?id=7966&type=smp

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company, with over 15,000+ reports covering 27 industries across 60+ geographies, is known for its comprehensive, data-rich research. Empowered by 1,500,000 datasets, it combines in-depth secondary research with insights from industry leaders to deliver actionable information. Its Global Market Model (GMM) is a leading market intelligence tool offering updated forecasts to inform decision-making.

This release was published on openPR.