Market Overview:
The global recycled polyethylene terephthalate packaging market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for sustainable and environment-friendly packaging solutions across different industries. In addition, the growing awareness about the benefits of using recycled polyethylene terephthalate (RPET) packaging among consumers is also contributing to the growth of this market. The global recycled polyethylene terephthalate packaging market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into bottles, trays, films, and laminates. The bottles segment is expected to account for a major share in terms of revenue in 2018 owing to its widespread use across various industries such as food and beverage industry, pharmaceutical industry etcetera .On the basis on application , it can be classified into food and beverage industry , pharmaceutical industry , electrical and electronics industry etcetera . Among these applications ,the food & beverage sector accounted for majority share in 2017 due high adoption rate by end users coupled with stringent government regulations related environmental protection measures .
Product Definition:
Recycled Polyethylene Terephthalate packaging is made from recycled plastic bottles. It is important because it helps reduce the amount of waste that ends up in landfills.
Bottles:
Bottles are one of the major components in recycled polyethylene terephthalate (PET) packaging. The growth factor for bottles is derived from its usage in beverage packaging, pharmaceuticals, and chemical storage. Recycled PET bottles have a wide range of applications such as food & beverages, personal care products, household cleaners & detergents among others which has led to an increase in demand for PET over the past few years.
Trays:
Trays are used in the packaging of recycled polyethylene terephthalate (PET) bottles. The trays are made from paperboard and a thin layer of aluminum, which helps in conducting heat. They come with an adhesive that can be attached to the bottle, which is applied on its reverse side. Trays can also be customized as per customer requirements; they can have any design or picture printed on them as well as they act as a great marketing tool for businesses.
Application Insights:
The food and beverage industry accounted for the largest share of the global market in 2017. The growing packaging sector in this industry is driven by factors such as increasing demand for packaged food, beverages, and snacks; population growth; changing lifestyles; technological developments; economic development etc. Increasing consumption of alcoholic drinks is also expected to drive the segment over the forecast period.
In terms of revenue, electrical and electronics industry was one of the prominent segments in 2017 owing to rising demand from various end-use industries including consumer electronics and appliances manufacturing. Growing urbanization has led to an increase in construction activities which has resulted into a rise in demand for plastic foams that are used as cushioning materials within buildings which further drives electrical and electronics applications.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to the growth in pharmaceutical industry and electronics industry in China, India, South Korea, and Taiwan. The growing food processing industry due to increasing population will drive product demand further.
The market for RPET packaging in Europe is anticipated to grow at a moderate pace over the forecast period owing to stringent regulations regarding recycling of plastic materials coupled with high manufacturing cost associated with recycled plastics. Stringent laws on waste management are likely t0 hamper regional growth prospects over the coming years.
North America accounted for 21% share of global revenue in 2017 owing its dominance in electrical and electronics sector along with high consumption volume of packaged electronic products such as mobile phones.
Growth Factors:
- Increasing demand from end-use industries: The recycled polyethylene terephthalate packaging market is expected to grow in the coming years owing to the increasing demand from end-use industries such as food and beverage, personal care, and pharmaceuticals.
- Rising environmental concerns: There is an increase in awareness among consumers about the benefits of using recycled polyethylene terephthalate packaging products over traditional packaging materials such as plastics and metals. This is driving the growth of the recycled polyethylene terephthalate packaging market.
- Technological advancements: The recyclers are adopting new technologies for recycling post-consumer waste PET bottles into high quality PET resin which can be used for manufacturing various types of products including food containers, beverage bottles, and other consumer goods items. This is contributing to the growth of the recycled polyethylene terephthalate packaging market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Recycled Polyethylene Terephthalate Packaging Market Research Report
By Type
Bottles, Trays, Films, Laminates
By Application
Food and Beverage Industry, Pharmaceutical Industry, Electrical and Electronics Industry, Others
By Companies
Uflex, Plastipak Holdings, Toray Industries, Teijin, Indorama Ventures, Sinopec, Reliance Industries, Zhejiang Hengyi, W. Barnet, Ganesha Ecosphere, Bombay Dyeing
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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Recycled Polyethylene Terephthalate Packaging Market Report Segments:
The global Recycled Polyethylene Terephthalate Packaging market is segmented on the basis of:
Types
Bottles, Trays, Films, Laminates
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 and Beverage Industry, Pharmaceutical Industry, Electrical and Electronics Industry, 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:
- Uflex
- Plastipak Holdings
- Toray Industries
- Teijin
- Indorama Ventures
- Sinopec
- Reliance Industries
- Zhejiang Hengyi
- W. Barnet
- Ganesha Ecosphere
- Bombay Dyeing
Highlights of The Recycled Polyethylene Terephthalate 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:
- Bottles
- Trays
- Films
- Laminates
- By Application:
- Food and Beverage Industry
- Pharmaceutical Industry
- Electrical and Electronics Industry
- 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 Recycled Polyethylene Terephthalate 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?
Recycled polyethylene terephthalate (PET) packaging is a type of plastic that is made from recycled materials. PET packaging is often used to store food and beverages, and it can be recycled multiple times.
Some of the major players in the recycled polyethylene terephthalate packaging market are Uflex, Plastipak Holdings, Toray Industries, Teijin, Indorama Ventures, Sinopec, Reliance Industries, Zhejiang Hengyi, W. Barnet, Ganesha Ecosphere, Bombay Dyeing.
The recycled polyethylene terephthalate packaging market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Recycled Polyethylene Terephthalate 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 Recycled Polyethylene Terephthalate Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Recycled Polyethylene Terephthalate 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 Recycled Polyethylene Terephthalate 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 Recycled Polyethylene Terephthalate Packaging Market Size & Forecast, 2020-2028
4.5.1 Recycled Polyethylene Terephthalate Packaging Market Size and Y-o-Y Growth
4.5.2 Recycled Polyethylene Terephthalate Packaging Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Bottles
5.2.2 Trays
5.2.3 Films
5.2.4 Laminates
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Food and Beverage Industry
6.2.2 Pharmaceutical Industry
6.2.3 Electrical and Electronics Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Recycled Polyethylene Terephthalate 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 Recycled Polyethylene Terephthalate 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Bottles
9.6.2 Trays
9.6.3 Films
9.6.4 Laminates
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 Market Size Forecast by Applications
9.10.1 Food and Beverage Industry
9.10.2 Pharmaceutical Industry
9.10.3 Electrical and Electronics Industry
9.10.4 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Bottles
10.6.2 Trays
10.6.3 Films
10.6.4 Laminates
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 Market Size Forecast by Applications
10.10.1 Food and Beverage Industry
10.10.2 Pharmaceutical Industry
10.10.3 Electrical and Electronics Industry
10.10.4 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Bottles
11.6.2 Trays
11.6.3 Films
11.6.4 Laminates
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 Market Size Forecast by Applications
11.10.1 Food and Beverage Industry
11.10.2 Pharmaceutical Industry
11.10.3 Electrical and Electronics Industry
11.10.4 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Bottles
12.6.2 Trays
12.6.3 Films
12.6.4 Laminates
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 Market Size Forecast by Applications
12.10.1 Food and Beverage Industry
12.10.2 Pharmaceutical Industry
12.10.3 Electrical and Electronics Industry
12.10.4 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Bottles
13.6.2 Trays
13.6.3 Films
13.6.4 Laminates
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) Market Size Forecast by Applications
13.10.1 Food and Beverage Industry
13.10.2 Pharmaceutical Industry
13.10.3 Electrical and Electronics Industry
13.10.4 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 Recycled Polyethylene Terephthalate Packaging Market: Competitive Dashboard
14.2 Global Recycled Polyethylene Terephthalate Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Uflex
14.3.2 Plastipak Holdings
14.3.3 Toray Industries
14.3.4 Teijin
14.3.5 Indorama Ventures
14.3.6 Sinopec
14.3.7 Reliance Industries
14.3.8 Zhejiang Hengyi
14.3.9 W. Barnet
14.3.10 Ganesha Ecosphere
14.3.11 Bombay Dyeing
