The report "PET Packaging Market by Form (Amorphous
PET, Crystalline PET), Pack type (Bottles & jars, Bags & pouches,
Trays, Lids/Caps & closures, others), Filling Technology (Hot fill, Cold
fill, Aseptic fill, others), Packaging Type (Rigid, Flexible), End-use industry
- Forecast to 2021".
Browse 197 market
data tables with 74 figures spread through 250 pages and in-depth TOC on "PET Packaging Market”.
The market for PET
packaging is projected to grow from USD 57.64 Billion in 2016 to USD 74.32
Billion by 2021, at an estimated CAGR of 5.21%. The market for PET packaging is
growing due to increasing demand in end-use industries such as food, beverage,
pharmaceutical, and personal care & cosmetics.
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Bottles & jars to gain maximum traction during
the forecast period
Bottles & jars
are highly preferred as they are light weight, safe, flexible, and most
importantly, 100% recyclable. Adding to this, PET delivers excellent
performance in extreme conditions such as high temperature, moisture, and
humidity. PET packaging is preferred in the food industry because it maintains
the freshness of food items and increases the shelf life. It is also highly
used in beverages and CSD (carbonated-soda drink) because of the anti-contaminable
property.
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 filling technology, the
cold fill technology dominated the filling technology segment because of its
cost-effectiveness, whereas the hot fill technology is projected to grow at the
highest CAGR.
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.
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The key players
considered in the report are:
- CCL
Industries, Inc. (Canada)
- E. I. du
Pont de Nemours and Company (referred as DuPont) (U.S.)
- Amcor
Limited (Australia)
- Resilux NV
(Belgium)
- Rexam PLC
(U.K.)
- Smurfit
Kappa Group PLC (Ireland)
- Gerresheimer
AG (Germany)
- Klöckner
Pentaplast GmbH & Co. KG (Germany)
- Graham
Packaging (U.S.)
- GTX Hanex
Plastic Sp. z o.o. (Poland)
- Berry
Plastic Group Inc. (U.S.)
- Dunmore
(U.S.)
- Huhtamaki
Group (Finland)
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MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
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