According to IMARC Group’s latest report, titled “PET Packaging Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2023-2028”, the global PET packaging market size reached US$ 74.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 99.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.

Year Considered to Estimate the Market Size:

  • Base Year of the Analysis: 2022
  • Historical Period: 2017-2022
  • Forecast Period: 2023-2028

PET packaging refers to packaging made from polyethylene terephthalate, a lightweight and shatterproof plastic material. PET is commonly used to package a wide range of consumer goods, including food, beverages, pharmaceuticals, and personal care products. PET packaging offers several advantages, including its durability, clarity, and versatility. It is also resistant to impact and can be easily formed into a variety of shapes and sizes. PET packaging is recyclable, thus making it an environmentally friendly option for packaging.

Request for a Free Sample Copy of this Report: https://www.imarcgroup.com/pet-packaging-industry-report/requestsample

PET Packaging Market Trends:

The increasing demand for packaged consumer goods, such as food, beverages, and personal care products, especially in emerging economies, represents a significant factor driving the market growth across the globe. In addition to this, the widespread adoption of PET packaging in transportation and storage of various products is contributing to the growth of the market. In line with this, technological advancements in PET packaging, such as the development of superior barrier coatings, is another key factor inducing the market growth. Apart from this, the increasing environmental concerns among consumers, government initiatives to promote sustainability and environmental-friendly initiatives, and rising disposable income are some of the other factors creating a positive outlook for the PET packaging market across the globe.

PET Packaging Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the PET packaging market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Amcor plc
  • Berry Global
  • Graham Packaging Company
  • Dunmore Corporation
  • Huhtamäki Oyj
  • Resilux NV
  • E. I. du Pont de Nemours and Company
  • Silgan Holdings Inc.
  • GTX Hanex Plastic
  • Comar LLC
  • Sonoco Products Company
  • Nampak Ltd.
  • CCL Industries Inc.
  • Smurfit Kappa Group
  • Rexam PLC

Key Market Segmentation:

The report has segmented the global PET packaging market based on packaging type, form, pack type, filling technology, end-user and region.

Breakup by Packaging Type:

  • Rigid Packaging
  • Flexible Packaging

Breakup by Form:

  • Amorphous PET
  • Crystalline PET

Breakup by Pack Type:

  • Bottles and Jars
  • Bags and Pouches
  • Trays
  • Lids/Caps and Closures
  • Others

Breakup by Filling Technology:

  • Hot Fill
  • Cold Fill
  • Aseptic Fill
  • Others

Breakup by End-User:

  • Beverages Industry
    • Bottled Water
    • Carbonated Soft Drinks
    • Milk and Dairy Products
    • Juices
    • Beer
    • Others
  • Household Goods Sector
  • Food Industry
  • Pharmaceutical Industry
  • Others

Breakup by Region:

  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1495&flag=C

Key Highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:
IMARC Group
134 N 4th St
Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800