PET Packaging Market Landscape 2025: Forecast Data and Growth Strategy Insights

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What Is the Expected CAGR for the PET Packaging Market Through 2025?
The market size of pet packaging has seen a consistent increase in the recent past. It is projected to expand from $78.38 billion in 2024 to $81.86 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 4.4%. The growth witnessed during the historic period is largely a result of increasing beverage consumption, popularity in food packaging, rising global population, a shift away from glass and metal packaging, along with the convenience and portability offered by pet packaging, and the rising trend of single-serve packaging.

What's the Projected Size of the Global PET Packaging Market by 2029?
In the coming few years, the pet packaging market size is anticipated to witness robust growth, expand to $105.32 billion by 2029 while boasting a compound annual growth rate (CAGR) of 6.5%. The growth during the forecast period can be ascribed to economic factors, regulatory backing for pet recycling, emphasis on circular economy, transition to lightweight packaging, customization and branding, eco-conscious actions by brands, and health plus safety concerns. The forecasted period is expected to experience key trends like an increase in the adoption of post-consumer recycled (PCR) pet, breakthroughs in barrier properties, focus on design and shelf appeal, intelligent packaging and track-and-trace technologies, and e-commerce packaging solutions, along with convenience attributes in pet packaging.

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Top Growth Drivers in the PET Packaging Industry: What's Accelerating the Market?
The rapid expansion of the worldwide e-commerce sector is anticipated to boost the advancement of the PET packaging market. E-commerce, which involves buying and selling goods and services, transmitting data and payments over an electronic network, predominantly the internet, is largely aided by PET packaging in packing food and beverage items. For example, the US Department of Commerce, the executive division of the U.S. federal government focusing on economic prosperity and opportunity, reported a 2.4% increase in retail e-commerce sales in the first quarter of 2022 compared to the same quarter of the preceding year, 2021, amounting to $250.0 billion. Consequently, the burgeoning e-commerce industry worldwide is fueling the growth of the PET packaging market.

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What Trends Will Shape the PET Packaging Market Through 2029 and Beyond?
The PET packaging market is increasingly popular due to the advancement in technology. To consolidate their place in this market, major corporations are creating innovative products using high-tech solutions. For example, IonKraft, a German start-up that operates in the PET packaging sector, unveiled a plasma technology in February 2022. This technology aims to make plastic packaging for barrier applications in the chemical industry recyclable, effectively providing an alternative to the currently used multi-material solutions.

What Are the Main Segments in the PET Packaging Market?
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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Which Top Companies are Driving 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

Which Regions Will Dominate the PET Packaging Market Through 2029?
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.

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