Polyethylene Terephthalate (PET) Packaging Market Size, Share, Report, Analysis, Trends & Forecast to 2026

According to Stratistics MRC, the Global Polyethylene Terephthalate (PET) Packaging Market is accounted for $55.23 billion in 2017 and is expected to reach $102.36 billion by 2026 growing at a CAGR of 7.1% during the forecast period.

Gaithersburg, Maryland, United States - March 7, 2019 /MarketersMedia/ —

Increasing demand from end-use industries, shift in consumer preferences towards recyclable & eco-friendly materials and increasing demand for recycled PET are some factors impacting the market growth. However, lack of effectual infrastructure facilities for recycling is restricting the market growth.

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PET Packaging are used for packing fruit juices and beverages, whereas PET films are used in packaging solutions for precooked meals and processed meat. Polyethylene Terephthalate (PET) is usually used in packaging as it acts as a tough barrier against alcohols, water vapor and diluted acids. Moreover, the nonappearance of toxicity in PET products that are used for packing food products is predictable to drive the market. The main benefit of PET over other plastic materials used for packaging is its high rate of recyclability. On the other hand, it is flexible, easy-to-recycle and shatter-resistant.

Amongst End-User, Food segment accounted for considerable market share in the global market owing to the increasing demand for ready-to-eat food and packaged food. By geography, Asia-Pacific held largest market share in the global market owing to rising economies in India and China and the rising industries such as beverage, food and healthcare & pharmaceutical.

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Some of the key players in the global market are Dunmore, Rexam PLC, GTX Hanex Plastic Sp. Z O.O., Smurfit Kappa Group PLC, E. I. Du Pont De Nemours and Company (Dupont), Huhtamaki Group, CCL Industries, Inc., Graham Packaging Company, Resilux NV, Kl ckner Pentaplast GmbH & Co. Kg, Gerresheimer AG, Berry Plastics Group Inc., Amcor Limited, Nampak Limited and Huhtamaki OYJ.

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Packaging Types Covered:
Flexible Packaging
Rigid Packaging
Other Packaging Types

Forms Covered:
Crystalline Polyethylene Terephthalate (PET)
Amorphous Polyethylene Terephthalate (PET)

Products Covered:
Lids/Caps & Closures
Trays
Bags & Pouches
Bottles & Jars
Other Products

Filling Technologies Covered:
Aseptic fill
Cold fill
Hot fill
Other Filling Technologies

End-Users Covered:
Pharmaceuticals
Household products
Personal care & cosmetics
Industrial goods
Beverages
Food
Other End Users

Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
South America
o Argentina
o Brazil
o Chile
o Rest of South America
Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

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