Market Overview:
The global PET packaging market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PET packaging from food, beverages, personal care & cosmetics, and pharmaceuticals industries. Additionally, the growing trend of lightweighting in various industries is also contributing to the growth of the global PET packaging market. On the basis of type, rigid packaging accounted for a larger share of the global PET packaging market in 2017. This can be attributed to its benefits such as durability and resistance against impact and moisture.
Product Definition:
PET packaging is a polymer made up of polyethylene terephthalate. It is used to make bottles, containers, and other packaging materials. PET packaging is important because it is lightweight and durable. It can also be recycled.
Rigid Packaging:
Rigid packaging is a type of packaging that restricts the movement of the product inside the container. Rigid packing helps in protecting various products from damage and ensures safe transportation. The primary function of rigid packaging is to prevent theft or misplacement during transport. It also serves as an excellent marketing tool for producers since it prominently displays information regarding product content, brand name, price, etc., thereby attracting customers and increasing sales volume.
Flexible Packaging:
Flexible packaging is a range of flexible materials and structures that are used for packing, protecting, or enhancing the appearance of products during transportation and storage. It offers various advantages such as lightweight, low cost compared to rigid packaging solutions like metal cans; it also helps in reducing the overall carbon footprint which makes it sustainable. Flexible packaging has been witnessing high demand from food & beverage industry due to rising consumer preference towards convenience foods which can be consumed on the go.
Application Insights:
The food application segment accounted for the largest revenue share of over 40% in 2017. The growing demand for packaged foods, including cereals, snacks and other products is expected to remain a key driving factor over the forecast period. In addition, rising consumer preference for convenience foods due to busy lifestyles is anticipated to propel industry growth during the study period.
The beverages segment accounted for a significant revenue share in 2017 owing to increasing consumption of alcoholic and non-alcoholic beverages such as soft drinks and juices among others globally. Moreover, shifting consumer preferences towards healthy lifestyle practices coupled with rising health awareness levels among consumers is expected fuel demand from beverage applications during the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to high demand for flexible packaging solutions from various end-use industries, such as food and beverages, personal care and cosmetics. Increasing penetration of organized retail sector in countries such as China and India are also contributing towards industry growth.
Europe accounted for a significant share of revenue in 2017 due to growing pharmaceutical industry across major countries including Germany, U.K., Italy, France among others is anticipated to drive product demand over the forecast period.
Growth Factors:
- Increasing demand for lightweight and sustainable packaging solutions
- Rising demand from the food and beverage industry
- Growing popularity of PET containers for carbonated drinks
- Proliferation of e-commerce and online retailing
- Development of innovative packaging technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
PET Packaging Market Research Report
By Type
Rigid Packaging, Flexible Packaging
By Application
Food, Beverages, Personal Care & Cosmetics, Household Products, Pharmaceuticals, Others
By Companies
Amcor, Gerresheimer, PET Power, Silgan, Tetra Laval, Alpha Group, Plastipak, CKS Packaging, Exopackaging, Greiner Packaging, Amcor, 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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global PET Packaging Market Report Segments:
The global PET Packaging market is segmented on the basis of:
Types
Rigid Packaging, Flexible Packaging
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Beverages, Personal Care & Cosmetics, Household Products, Pharmaceuticals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amcor
- Gerresheimer
- PET Power
- Silgan
- Tetra Laval
- Alpha Group
- Plastipak
- CKS Packaging
- Exopackaging
- Greiner Packaging
- Amcor
- 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
Highlights of The PET Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rigid Packaging
- Flexible Packaging
- By Application:
- Food
- Beverages
- Personal Care & Cosmetics
- Household Products
- Pharmaceuticals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PET Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PET packaging is a type of plastic packaging that is made from polyethylene terephthalate. PET is a sturdy and lightweight material, which makes it ideal for storing food products.
Some of the major players in the pet packaging market are Amcor, Gerresheimer, PET Power, Silgan, Tetra Laval, Alpha Group, Plastipak, CKS Packaging, Exopackaging, Greiner Packaging, Amcor, 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.
The pet packaging market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PET Packaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PET Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PET Packaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PET Packaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PET Packaging Market Size & Forecast, 2018-2028
4.5.1 PET Packaging Market Size and Y-o-Y Growth
4.5.2 PET Packaging Market Absolute $ Opportunity
Chapter 5 Global PET Packaging Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 PET Packaging Market Size Forecast by Type
5.2.1 Rigid Packaging
5.2.2 Flexible Packaging
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PET Packaging Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 PET Packaging Market Size Forecast by Applications
6.2.1 Food
6.2.2 Beverages
6.2.3 Personal Care & Cosmetics
6.2.4 Household Products
6.2.5 Pharmaceuticals
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PET Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PET Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America PET Packaging Analysis and Forecast
9.1 Introduction
9.2 North America PET Packaging Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America PET Packaging Market Size Forecast by Type
9.6.1 Rigid Packaging
9.6.2 Flexible Packaging
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America PET Packaging Market Size Forecast by Applications
9.10.1 Food
9.10.2 Beverages
9.10.3 Personal Care & Cosmetics
9.10.4 Household Products
9.10.5 Pharmaceuticals
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe PET Packaging Analysis and Forecast
10.1 Introduction
10.2 Europe PET Packaging Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe PET Packaging Market Size Forecast by Type
10.6.1 Rigid Packaging
10.6.2 Flexible Packaging
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe PET Packaging Market Size Forecast by Applications
10.10.1 Food
10.10.2 Beverages
10.10.3 Personal Care & Cosmetics
10.10.4 Household Products
10.10.5 Pharmaceuticals
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific PET Packaging Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PET Packaging Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific PET Packaging Market Size Forecast by Type
11.6.1 Rigid Packaging
11.6.2 Flexible Packaging
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific PET Packaging Market Size Forecast by Applications
11.10.1 Food
11.10.2 Beverages
11.10.3 Personal Care & Cosmetics
11.10.4 Household Products
11.10.5 Pharmaceuticals
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America PET Packaging Analysis and Forecast
12.1 Introduction
12.2 Latin America PET Packaging Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America PET Packaging Market Size Forecast by Type
12.6.1 Rigid Packaging
12.6.2 Flexible Packaging
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America PET Packaging Market Size Forecast by Applications
12.10.1 Food
12.10.2 Beverages
12.10.3 Personal Care & Cosmetics
12.10.4 Household Products
12.10.5 Pharmaceuticals
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) PET Packaging Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PET Packaging Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) PET Packaging Market Size Forecast by Type
13.6.1 Rigid Packaging
13.6.2 Flexible Packaging
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) PET Packaging Market Size Forecast by Applications
13.10.1 Food
13.10.2 Beverages
13.10.3 Personal Care & Cosmetics
13.10.4 Household Products
13.10.5 Pharmaceuticals
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PET Packaging Market: Competitive Dashboard
14.2 Global PET Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amcor
14.3.2 Gerresheimer
14.3.3 PET Power
14.3.4 Silgan
14.3.5 Tetra Laval
14.3.6 Alpha Group
14.3.7 Plastipak
14.3.8 CKS Packaging
14.3.9 Exopackaging
14.3.10 Greiner Packaging
14.3.11 Amcor
14.3.12 INOAC
14.3.13 Kaufman Container
14.3.14 Kian Joo Group
14.3.15 Parker Plastics
14.3.16 Parkway Plastics
14.3.17 RESILUX
14.3.18 Savola Plastic
14.3.19 Sidel International
14.3.20 SKS Bottle & Packaging
14.3.21 Snapware
14.3.22 Southeastern Container
14.3.23 Sunrise Containers
14.3.24 Temkin Plastics
14.3.25 Ultrapak
