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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