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Prominent PET Packaging Market Trend for 2025: Innovative Technologies Transforming The Pet Packaging Market

02-27-2025 06:52 AM CET | Chemicals & Materials

Press release from: The Business Research Company

PET Packaging Market Share

PET Packaging Market Share

Which drivers are expected to have the greatest impact on the over the pet packaging market's growth?
The rise of the global e-commerce sector is predicted to stimulate the expansion of the PET packaging market. E-commerce, which entails the buying and selling of goods and services, as well as the exchange of payments and data via an electronic network, predominantly the internet, uses PET packaging for the containment of food and beverage products. In a display of this trend, the US Department of Commerce, an executive division of the U.S. federal government responsible for economic development and opportunity, reported in February 2024 that retail e-commerce sales climbed by 2.4% in the first quarter of 2022 compared with the same period in 2021, hitting a value of $250.0 billion. Thus, the burgeoning e-commerce sector worldwide is fuelling the growth of the PET packaging market.

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What is the future CAGR of the pet packaging market, and how will it impact industry expansion?
The market for pet packaging has seen substantial growth in the past few years. The forecast predicts an increase from $78.38 billion in 2024 to $82.69 billion in 2025, representing a compound annual growth rate (CAGR) of 5.5%. The historic expansion can be linked to an increase in the consumption of beverages, the rising popularity of its use in food packaging, global population growth, a transition away from glass and metal packaging, its convenience and portability, and an upsurge in single-serve packaging.

Expectations are high for substantial expansion in the pet packaging market over the next few years, with projections indicating a rise to $107.61 billion by 2029, fueled by a compound annual growth rate (CAGR) of 6.8%. A multitude of factors are contributing to this presumed growth during the forecast period such as economic factors, the promotion of pet recycling by regulators, the emphasis on a circular economy, a transition to lighter packaging, customization, branding, eco-conscious initiatives by brands and concerns for health and safety. Additionally, the forecast period is expected to see an increase in the adoption of post-consumer recycled (PCR) pet, advances in barrier property innovations, a focus on shelf attraction and design, solutions for e-commerce packaging, smart packaging and track-and-trace technologies, and the incorporation of convenience features in pet packaging.

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What are the most significant trends transforming the pet packaging market today?
Rapid progress in technology is becoming a prominent trend in the PET packaging market. Major firms participating in the PET packaging market are innovating new products using cutting-edge technologies to reinforce their market dominance. For instance, IonKraft, a German start-up in the PET packaging industry, introduced plasma technology in February 2022. This technology aims to convert plastic packaging for barrier applications in the chemical sector into recyclable material, providing an alternative to the currently used multi-material solutions.

Which key market segments comprise the pet packaging market and drive its revenue growth?
The PET packaging market covered in this report is segmented -

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)

Subsegments:
1) By Rigid Packaging: Cans, Bottles, Jars, Boxes, Trays
2) By Flexible Packaging: Pouches, Bags, Wraps, Films, Tubs

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What regions are at the forefront of pet packaging market expansion?
North America was the largest region in the PET packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the PET packaging market report during the forecast period. The regions covered in the PET packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the leading players fueling growth in the pet packaging market?
Major companies operating in the PET packaging market are 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, GTX Hanex Plastic Sp zoo, Dunmore Corporation, Huhtamaki Group, Graham Packaging Company LP, Sonoco Products Company, Bischof + Klein SE & Co. KG, Constantia Flexibles Group GmbH, Clondalkin Group Holdings, Alpla Werke Alwin Lehner GmbH & Co. KG, AptarGroup Inc., CKS Packaging Inc, Consolidated Container Company LLC, Cospack America Corp., Esterform Packaging Limited, Evergreen Packaging Inc, O.Berk Company, Greif Inc, Huhtamaki Americas Inc., RPC Group, Comar

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What Is Covered In The PET Packaging Global Market Report?

• Market Size Forecast: Examine the pet packaging market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the pet packaging market for a structured understanding.
• Key Players Overview: Analyze major players in the pet packaging market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the pet packaging market.
• Segment Contributions: Evaluate how different segments drive overall growth in the pet packaging market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the pet packaging market.
• Industry Challenges: Identify potential risks and obstacles affecting the pet packaging market.
• Competitive Landscape: Review strategic developments in the pet packaging market, including expansions, agreements, and new product launches.

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