Dublin, Aug. 01, 2024 (GLOBE NEWSWIRE) -- The "PET Packaging - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for PET Packaging is estimated at US$58.9 Billion in 2023 and is projected to reach US$83 Billion by 2030, growing at a CAGR of 4.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. 
Key Insights:
- Market Growth: Understand the significant growth trajectory of the PET Bottles & Jars segment, which is expected to reach US$44.4 Billion by 2030 with a CAGR of 4.8%. The PET Bags & Pouches segment is also set to grow at 4.2% CAGR for the next 8-year period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $11.2 Billion in 2023, and China, forecasted to grow at an impressive 5.6% CAGR to reach $15.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global PET Packaging Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global PET Packaging Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global PET Packaging Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Amcor plc, Berry Global Group Inc., CCL Industries, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 95 Featured):
- Amcor plc
- Berry Global Group Inc.
- CCL Industries, Inc.
- Comar LLC
- Dunmore Corporation
- E. I. Du Pont De Nemours and Company (DuPont)
- Gerresheimer AG
- Graham Packaging Company
- GTX Hanex Plastic Sp. z.o.o.
- Huhtamaki OYJ
- Klockner Pentaplast GmbH & Co. KG
- Nampak Limited
- Resilux NV
- Silgan Holdings Inc.
- Sonoco Products Company
Key Attributes
| Report Attribute | Details |
| No. of Pages | 646 |
| Forecast Period | 2023-2030 |
| Estimated Market Value (USD) in 2023 | $58.9 Billion |
| Forecasted Market Value (USD) by 2030 | $83 Billion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Economic Update
- Here's How Inflationary Pressures Affect the Economy
- Here's What's Causing Inflationary Pressures in the Global Market
- Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
- Global Inflation Rates (In %) for the Years 2019 Through 2024
- Global Economy Faces a Tough Climb Towards Recovery Made Rockier by the War, Anti-Inflation Fiscal Policies & Slower Than Desirable Easing of Inflationary Pressures: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
- Global Number of Unemployed People (In Million) for Years 2019 Through 2024
- Packaging Industry Confronts Testing Times Amidst the COVID-19 Pandemic
- Pandemic-Induced Changes Impact Flexible Packaging Market
- Competitive Scenario
- PET Packaging Innovators Use Recycled PET and Reduce Layers for Improving Packaging Sustainability
- Select Innovations and Advancements
- PET Packaging - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- PET Packaging Market to Gain by its Use in Multitude of Industries
- Global Market Prospects & Outlook
- Key Market Drivers and Restraints
- Analysis by Pack Type
- Analysis by End-Use Industry
- Regional Analysis
- Polyethylene Terephthalate (PET): An Overview
- Introduction to PET Packaging
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Unabated & Unrelenting Use of Plastics across Industries, Despite the Growing Urgency of Plastic Pollution, to Sustain Demand for PET Packaging Products
- Global Plastics Production (In Million Metric Tons) for Years 2015, 2017, 2019, 2021 and 2023
- Strong Demand for Flexible Packaging to Support Market Growth
- A Major Application Area for PET Films, Flexible Packaging & Its Strong Demand Patterns Opens a Parallel Avenue for Growth in Downstream Processing: Global Opportunity for Flexible Packaging (In US$ Million) for Years 2023, 2025, and 2027
- Rising Concerns for Minimizing Carbon Emission Levels Fuel Demand for Eco-Friendly PET Packaging Technologies
- End-of-Line Packaging Automation: The Benefits
- Robust Demand for Processed Foods Drives Use of PET Films in Food Packaging Applications
- The Massive Processed Food Industry Offers Opportunities on a Platter for the Use of PET Film in Food Packaging Applications: Global Market for Processed Foods (In US$ Billion) for Years 2022, 2024, 2026, 2028 and 2030
- Key Benefits of Flexible Packaging for Food Companies
- Demand for Fresh and Safe Food Drives Innovations in High Barrier Films
- Snacking Culture Pushes Up Demand for Flexible PET Packaging
- Global Snack Foods Sales in US$ Billion for the Years 2020, 2022, 2024 and 2026
- Snacking Trend Boosts Stand-up Pouches Market
- Flexible Packaging Emerges to Address Food Safety Concerns Amidst the Pandemic
- Carbios Develops Technology for Enzymatically Recycling PET for Food Packaging Applications
- Packaging Solutions for the Beverage Industry
- Global Packaged Beverages Market: Percentage Share Breakdown of Volume Consumption by Type for 2019 & 2025
- Global Beverage Packaging Market by Type (in %)
- Alcoholic Beverages Packaging Market Breakdown (in %) by Product
- Global Wine Packaging Market by Packaging Type (in %)
- Application of Polyethylene Terephthalate for Packaging Dairy Solutions Witnesses a Surge
- Introduction of Eco-Friendly Packaging Solutions Presents Substantial Growth Opportunity for Bottled Water Market
- The Course of Bottled Water: From a Rare Novelty to Million-a-Minute Consumption Rate (1600s-2018)
- Rising Awareness about Waterborne Diseases and the Need for Clean Drinking Water Fuels Growth in Bottled Water Market
- Following is a list of diseases attributed to contamination of water or food:
- The Thirsty World is an Attractive Market for Bottled Water: Global Municipal Drinking Water Demand (In Billion Cubic Meter (BCM)) for the Years 2019, 2025, and 2040
- A Dip into Packaging Trends with Implications for Global Bottled Water Market
- Packaging Innovations Stress on Recycled, Biodegradable, and Compostable Materials
- Availability of Tap Water at Lower Cost: A Major Market Restraint
- Mineral Content and Risk of Contaminants in Bottled Mineral Water, Filtered Water and Tap Water in North America and Europe
- Average Annual Cost (in $) of Bottled Water Vs Tap Water for Average US Household
- Strict Regulations Impede Market Growth
- Environmental Cost of Bottled Water and Concerns over Plastic Use: Major Growth Impediments
- Plastic Pollution Emerges as a Major Concern for Bottled Water Industry
- Bottled Water Industry: Making Efforts to be a Good Steward of Environmental Sustainability
- Pharmaceutical Industry: A Promising Application for Flexible Packaging
- Flexible Packaging for Healthcare Market Breakdown by End-Use (in %)
- PET, the Material of Choice for Pharmaceutical Product Packaging
- Plastic Packaging for Pharma Products
- Use of PET for Manufacturing Medical Devices and Packaging Witnesses a Surge
- Global Medical Devices Market Size (in US$ Billion) for the Years 2021, 2023, 2025 and 2027
- Growing Acceptance of Medical Plastics Provides the Foundation for the Rise of Plastic Films in the Healthcare Industry: Global Market for Medical Plastics (In US$ Million) for Years 2023, 2025 and 2027
- Global Medical Tubing Market Size in US$ Billion for the Years 2021, 2023, 2025 and 2027
- Common Flexible Packaging Solutions Use in Pharma Industry
- Food-Packaging Film Makers Eye Medical Devices Market
- Cosmetics and Personal Care Industry Emerges as a Promising End-Use Market for PET Packaging Solutions
- Personal Care Companies Show Inclination Towards Sustainable Packaging Products
- Cosmetics Industry Increasingly Chooses Flexible Packaging Solutions
- Personal Care Industry Comes Under Stress during the Pandemic, Impacting PET Packaging Market
- Global Personal Care Market Growth Outlook (in %) for Years 2019 through 2025
- Rise in Household Products & Consumer Electronics Sales Augur Well for the Market
- Global Opportunity for Consumer Electronics (In US$ Million) for Years 2020, 2022, 2024, 2026 and 2028
- Growth of Aseptic Packaging Presents Favorable Outlook
- Progress Made in Plastic Recycling to Lessen the Environmental Burden of PET Films & Encourage Its Continued Adoption
- Encouraging Gains in Plastic Recycling Reduce the Risk of Regulatory Restrictions Being Imposed on PET Films: Global Opportunity for Plastic Recycling (In US$ Million) for Years 2023, 2025 and 2027
- Reduce-Reuse-Recycle, the Best Means for Achieving Circularity for PET/Polyester
- Favorable Demographic & Economic Trends Strengthen Market Prospects
- Ballooning Global Population
- World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
- Urbanization Trend
- World Urban Population in Thousands: 1950-2050P
- Burgeoning Middle Class Population
- Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
- Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, and 2030
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/254fqy
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