Global PET Packaging Market - By Product type (Bottles, Films and sheets, Food Packaging), Industry, Geography, Trends, Forecast - (2017 - 2022)

Published - Jan 2017 | Category - ICT and Media | No. of Pages - 141 | Published By - Mordor Intelligence

Report Highlights

Market Insights

The Global PET packaging Market is valued at USD 57.02 billion in 2016 and is expected to reach a value of USD 83.94 billion by the end of 2022, growing at a projected CAGR of 5.68% during the forecast period of 2017 - 2022. PET bottles and containers find applications in a variety of industries like alcoholic beverages, cosmetics, pharmaceutical products, soft drinks etc. Manufacturers like them due to their safety, strength, versatile nature and transparency. Customers like them as they are lightweight, resealable, shatter-resistant and recyclable.

Market Dynamics

The market is driven by increasing population and per-capita income, which drive the food and beverage industry; awareness of waste reduction by use of recyclable materials, adoption of PET bottles and containers in pharmaceuticals; and also the growing conscience about environment friendly materials, leading alcohol manufacturers (mostly beer) to shift from glass bottles to PET bottles. However, the market is constrained by varying price of raw materials and lack of appropriate recycling infrastructure.

Market Segmentation

Based on fill technology, cold fill technology dominates the market as it finds application in most beverage packaging. The market is further segmented by end-industry (food & beverage, pharmaceuticals, personal care and cosmetics industry, industrial goods and consumer durables etc.), packaging type (rigid packaging, flexible packaging etc.) and regionally.

Key Industry Players

The key players in the industry mentioned in the report include:

Amcor

DuPont

Resilux NV

Gerresheimar AG

GTX Hanex Plastic

Dunmore

CCL Industries

Berry Plastic Group

Huhtamaki Groups

Key Deliverables of the Study

Market analysis for the global PET packaging market, with region specific assessments and competition analysis on global and regional scales.

Market definition along with the identification of key drivers and restraints.

Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.

Extensively researched competitive landscape section with profiles of major companies along with their market.

Identification and analysis of the macro and micro factors that affect the global PET packaging market on both global and regional scales.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

A wide-ranging knowledge and insights into the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.

Insights into the major countries/regions in which this industry is growing and identifying the regions which are still untapped.
 

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