Global PET Hinged Containers Market Size study, byMaterial Type (Recycled Polyethylene Terephthalate (R-PET), Crystallized Polyethylene Terephthalate (C-PET), Amorphous Polyethylene Terephthalate (A-PET) ), by Capacity ( Up to 20 Oz, 20 Oz to 30 Oz, 30 Oz to 40 Oz, More than 40 Oz), by End-Use ( Meat, Poultry, and Seafood, Fruits & Vegetables, Ready-to-eat Meals, Bakery Products, Snacks Food, Others) and Regional Forecasts 2022-2028
Global PET Hinged Containers Market is valued at approximately XX in 2021 and is anticipated to grow with a healthy growth rate of more than 6.5% over the forecast period 2022-2028.PET hinged containers are a type of rigid format container that is commonly used for food packing. These containers give the product a more premium look and feel, allowing manufacturers to make more money by raising the product's maximum selling price. Because of their features of being handy and leak-resistant, these containers are more convenient to travel than other types of packaging containers.The PET hinged container market is predicted to grow rapidly because ofthe rapidly expanding food and beverage industry and rising demand for novel packaging solutions for packaged food products. However, Governments and regulatory agencies are enacting a slew of laws to limit the use of plastics in packaging, stifling market growth. Whereas, in recent years, the global consumption of packaged food products such as dry fruits, fresh fruits, bakeryproducts, vegetables, and meat products has increased dramatically. Additionally, rising demand for on-the-go snacks and ready-to-use products, owing to a growing working population and rising fast-paced lifestyle, is fueling demand for lightweight and reusable packaging solutions such as PET hinged containers, particularly in countries such as the United States, Germany, China, and others.As a result, market leaders are working on developing unique packaging solutions to meet this growing need.For example, Karat Packaging Inc., an American packaging producer, and distributor announced the launch of a new crystal-clear and crack-resistant 12oz PET Hinged Deli Container in 2019. The introduction of a plethora of new items is expected to boost sales of PET hinged containers.
The key regions considered for the global PET Hinged Containers marketstudy includeAsia Pacific, North America, Europe, Latin America, and Rest of the World. North America is expected to be the most profitable market for PET hinged containers.Increased demand for moisture-resistant and leakage-proof packing containers has resulted from increased consumption of packaged and ready-to-eat food productssuch as on-the-go snacks, cake mixes, pastries, desserts, and ready-to-eat convenience meals across North America.Furthermore, the growing popularity of flexible packaging in the nutrition and food industries, owing to outstanding attributes like excellent heat insulation, moisture barrier resistance, and scent preservation, is driving up demand for PET hinged containers in Europe.
Major market players included in this report are:
Darnel Group
Hubert Company, LLC
Dart Container Corporation
Karat Packaging Inc.
Txley, Inc.
Amhil Enterprises
Sanplast Ltd.
Pactiv LLC
D&W Fine Pack
Teda-MM Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByMaterial Type:
Recycled Polyethylene Terephthalate (R-PET)
Crystallized Polyethylene Terephthalate (C-PET)
Amorphous Polyethylene Terephthalate (A-PET)
By Capacity:
Up to 20 Oz
20 Oz to 30 Oz
30 Oz to 40 Oz
More than 40 Oz
ByEnd-Use:
Meat, Poultry, and Seafood
Fruits & Vegetables
Ready-to-eat Meals
Bakery Products
Snacks Food
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global PET Hinged Containers Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Darnel Group
Hubert Company, LLC
Dart Container Corporation
Karat Packaging Inc.
Txley, Inc.
Amhil Enterprises
Sanplast Ltd.
Pactiv LLC
D&W Fine Pack
Teda-MM Ltd.
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