Press Release
As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Global PET Bottles Market to Reach 20.39 Million Tons by 2026.
PET bottles are made from polyethylene terephthalate, a plastic resin which is a form of polyester formed by combining two monomers, namely, modified ethylene glycol and purified terephthalic acid. One of the intrinsic properties of PET bottles is that unlike other plastic containers, they are light in weight but high in strength. They are economical, impact resistant, transparent, easy to handle, convenient for on-the-go consumption needs, and can be easily recycled without leaving any harmful residues
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 18.32 Million Tons in 2020 and is further expected to reach 20.39 Million Tons by 2026.
Get a Free Sample Report with Table of Contents - Download Now
Key findings from the report:
- Major end-use industries of PET bottles are packaged water, carbonated soft drinks, food bottles and jars, non-food bottles and jars, fruit juice, beer and others. In 2018, packaged water represented the largest end-use market accounting for more than 35% of the total global consumption.
- Region-wise, Asia-Pacific dominated the market with a share of more than 30% of the total global sales of PET bottles. Asia-Pacific was followed by North America and Europe.
- Amcor represented the largest manufacturer of PET bottles. Other major manufacturers include Tetra Laval, Crown Holdings, Ball Corporation, Rexam PLC, ALPLA, etc.
Expert Market Research has analysed the global PET bottles market according to end-use, major regions and top players:
Market breakup by End-use
- Packaged Water
- Carbonated Soft Drinks
- Food Bottles and Jars
- Non-Food Bottles and Jars
- Fruit Juice
- Beer
- Others
Market breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Top players
- Amcor
- Tetra Laval
- Crown Holdings
- Ball Corporations
- Rexam PLC
- ALPLA
- Graham Packaging Company
- Constar International Inc.
- Plastipak Packaging
- Zhuhai Zhongfu Enterprise Company Limited
About Us:
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Contact Us:
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Purchase Options
Call us on
Why Expert Market Research?
RIGHT PEOPLE
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
RIGHT METHODOLOGY
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
RIGHT PRICE
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
RIGHT SUPPORT
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
The GCC PET bottle market is aided by the growth of the overall global market, which reached a volume of 12.5 million tons in 2020. The global market is further expected to register a CAGR of 2% in th...
The global PET packaging market size reached a value of approximately USD 65 billion in 2020. The market is further expected to grow at a CAGR of about 4.5% between 2021 and 2026 to reach a value of a...
NEWSLETTER