Global PET Bottle Market 2024-2028
PET Bottle Market 2024-2028
The pet bottle market is forecasted to grow by USD 9213.9 mn during 2023-2028, accelerating at a CAGR of 3.4% during the forecast period. The report on the pet bottle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising adoption of pet as packaging solution, rising consumption of bottled water, and growth in organized retail segment.
Technavio's pet bottle market is segmented as below:
By End-user
- Food and beverage
- Household
- Personal care
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the growing popularity of lightweight packaging as one of the prime reasons driving the pet bottle market growth during the next few years. Also, increasing demand for functional drinks and rising demand for bio-pet material worldwide will lead to sizable demand in the market.
The report on the pet bottle market covers the following areas:
- PET Bottle Market sizing
- PET Bottle Market forecast
- PET Bottle Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pet bottle market vendors that include Alpha Plastics Inc., Altium Packaging, Amcor Plc, BASF SE, BERICAP Holding GmbH, Berry Global Inc., Captiva Co., Cospack America Corp., Graham Packaging Co. LP, GTX Hanex Plastic Sp. z o.o., Indorama Ventures Public Co. Ltd., Nampak Ltd., NEO GROUP UAB, Novapet SA, Ontario Plastic Container Producers Ltd., Plastipak Holdings Inc., Saudi Basic Industries Corp., Sheth PET and Polymers Pvt Ltd., and Silgan Holdings Inc.. Also, the pet bottle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.