SHERIDAN, WYOMING, UNITED STATES, April 21, 2022 /EINPresswire.com/ -- The latest report by IMARC Group, titled “PET Bottle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, finds that  The global market reached a value of US$ 39.7 Billion in 2021. Polyethylene Terephthalate (PET) is a durable thermoplastic polymer resin that is made from ethylene glycol and terephthalic acid. It is clear, strong, flexible, thermally stable and lightweight in nature. It is characterized by excellent gas barrier properties and chemical resistance. Primarily used in the packaging of drinking water, PET bottles are also gaining widespread prominence as an essential packaging solution across cosmetics, personal care, and pharmaceutical industries. 

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The global market is primarily driven by significant growth in the food and beverage sector. Coupled with the shifting dietary preferences of the masses and their inflating disposable income levels, there has been a considerable rise in the demand for bottled beverages, which is providing a boost to the uptake of PET bottles across the globe. Additionally, rapid technological advancements on the global level have also created a positive outlook for the market. This has led to the introduction of PET bottles with customized shapes and plasma-based coatings, which are gaining widespread popularity among the masses. Looking forward, IMARC Group expects the pet bottle market to reach US$ 52 Billion by 2027, exhibiting at a CAGR of 4.46% during 2022-2027.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape:

Amcor Limited
Cospack America Corporation
BERICAP GmbH & Co. KG
Rexam, Inc.
Berry Global, Inc.
Graham Packaging Company Inc.
Container Corporation of Canada
Ontario Plastic Container Producers Ltd.
Constar Internationals, Inc.
Alpha Packaging
Alpack Plastics
Plastipak Holdings, Inc.
Resilux NV

Breakup by Capacity:

High
Medium
Low

Breakup by Distribution Channel:

Business to Business
Retail
Supermarkets and hypermarkets
Convenience Stores
Online
Others

Breakup by Color:

Transparent
Colored

Breakup by Technology:

Stretch Blow Molding
Injection Molding
Extrusion Blow Molding
Thermoforming
Others

Breakup by End-Use:

Packaged Water
Carbonated Soft Drinks
Food Bottles & Jars
Non-Food Bottles & Jars
Fruit Juice
Beer
Others

Regional Insights:

North America
Asia Pacific
Europe
Latin America
Middle East and Africa

Explore full report with TOC & List of Figures: https://www.imarcgroup.com/PET-bottle-manufacturing-plant

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:                                                           

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Mechanical Ventilators Market Price Trends: https://www.imarcgroup.com/mechanical-ventilators-market

Europe PVC Pipes Market Share: https://www.imarcgroup.com/europe-pvc-pipes-market

Cosmetic Implants Market: https://www.imarcgroup.com/cosmetic-implants-market

Heavy-Duty Automotive Aftermarket Market: https://www.imarcgroup.com/heavy-duty-automotive-aftermarket-market

About Us:                                             

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise

Elena Anderson
IMARC Services Private Limited
+ +1 6317911145
email us here

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