PET Packaging Market report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.
Los Angeles, CA -- (SBWIRE) -- 05/16/2019 -- Many new trends have emerged in the market such as the availability of hot-filling products in PET bottles and aseptic cold-filling PET bottles, which increase the shelf life of the products even if they are not kept at the optimum conditions. Recycling PET for re-use after sorting, cleaning, and transforming PET containers is also becoming popular in the market.
In terms of pack type, the bottles & jars segment accounted for the largest share in this market, in terms of both volume and value, among all pack type. The growing demand of sustainable & cost-effective packaging solutions in end-use industries such as packaged food, beverage, personal care, and pharmaceutical drives the bottles & jars segment.
In terms of end-use industry, the market is segmented into food, beverages, personal care & cosmetics, pharmaceuticals, household products, and others. The food segment is projected to grow at the highest rate due to the increase in the demand for ready-to-eat food and packaged food. In terms of region, the Asia-Pacific region is projected to grow at the highest CAGR among all the regions by 2023. This is mainly due to emerging economies in China and India and the growing industries such as healthcare & pharmaceutical, food, and beverage.
The global PET Packaging market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025. This report studies the PET Packaging market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of PET Packaging in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Amcor
Gerresheimer
PET Power
Silgan
Tetra Laval
Alpha Group
Plastipak
CKS Packaging
Exopackaging
Greiner Packaging
Himalayan Group
INOAC
Kaufman Container
Kian Joo Group
Parker Plastics
Parkway Plastics
RESILUX
Savola Plastic
Sidel International
SKS Bottle & Packaging
Snapware
Southeastern Container
Sunrise Containers
Temkin Plastics
Ultrapak
By the product type, the market is primarily split into
Rigid packaging
Flexible packaging
By the end users/application, this report covers the following segments
Food
Beverages
Personal care & cosmetics
Household products
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