Besides these characteristics, PET bottles are highly impermeable to atmospheric gases like CO2, oxygen and water which make them suitable for storing the products. As a result, they are now replacing plastic bottles made up of PVC, HDPE and PP and have, thus, become a preferred type of packaging for carbonated soft drinks, mineral water, spring water, functional drinks food, cosmetics, household cleaners, medicines, etc. According to a new report by Expert Market Research, the global PET bottles market reached a volume of 18 Million Tons in 2018 and is further expected to reach 21 Million Tons by 2024.
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Key findings from the report:
Expert Market Research has analysed the global PET bottles market according to end-use, major regions and top players:
Market breakup by End-use
Market breakup by Region
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"Global PET Bottles Market Report: By Region: Asia Pacific, North America, Europe, Others; By End-Use: Packaged Water, Carbonated Soft Drinks, Food Bottles & Jars, Non-Food Bottles & Jars, Fruit Juice, Beer, Others; SWOT Analysis; Historical Production and Consumption (2014-2018); Production and Consumption Forecast (2019-2024); Competitive Landscape"
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