PET bottles, primarily used in the packaging of food and beverages, are made of a plastic resin known as polyethylene terephthalate (PET). They are light-weight, strong and resistant to carbon dioxide. PET bottles are very convenient for on-the-go consumption needs and are currently replacing plastics bottles made up of PVC, HDPE and PP. During 2014-2018, the global PET bottles market grew at a CAGR of around 3%. The market is currently being driven by increasing demand from the food and beverages sector for easy handling of PET bottles. They are also preferred in the packaging of carbonated soft drinks. This report by Expert Market Research entitled “PET Bottles Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the PET bottles market.
Historical market trends for the PET bottles industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global PET bottles market into the following regions – North America, South America, Asia-Pacific, Europe and the Middle East and Africa. Asia-Pacific currently represents the largest market, accounting for 32% of the total global sales of PET bottles in 2018. Asia-Pacific is followed by North America and Europe. Additionally, the report has analysed the global PET bottles market on the basis of end-use. Packaged water represents the largest end-use market for PET bottles accounting for more than 36% of their total global consumption.
The value chain analysis of PET bottles has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the PET bottles industry has also been provided. Some of the key players in this market include Amcor, Tetra Laval, Crown Holdings, Ball Corporations, etc.
This report provides an exhaustive insight for setting-up and running a PET bottle manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the market trends for the global PET bottles market?
- Which are the biggest markets (regions) for PET bottles?
- What are the key application areas for PET bottles?
- Who are the key players in the PET bottles market?
- What are the land and construction requirements to start a PET bottle manufacturing plant?
- What are the machinery requirements to start a PET bottle manufacturing plant?
- How are PET bottles priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start a PET bottle manufacturing plant?
- What are the running costs of a PET bottle manufacturing plant?
- How much revenue can a PET bottle manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the PET bottles industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.