Global Market for PET Packaging
Dublin, Aug. 29, 2023 (GLOBE NEWSWIRE) — The “PET Packaging – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s providing.
Global PET Packaging Market to Reach $87 Billion by 2030
The world marketplace for PET Packaging estimated at US$59 Billion within the yr 2022, is projected to achieve a revised measurement of US$87 Billion by 2030, rising at a CAGR of 5% over the evaluation interval 2022-2030. Bottles & Jars, one of many segments analyzed within the report, is projected to report 5.4% CAGR and attain US$31.1 Billion by the tip of the evaluation interval. Taking under consideration the continuing submit pandemic restoration, development within the Bags & Pouches section is readjusted to a revised 5.7% CAGR for the following 8-year interval.
The U.S. Market is Estimated at $15.9 Billion, While China is Forecast to Grow at 8% CAGR
The PET Packaging market within the U.S. is estimated at US$15.9 Billion within the yr 2022. China, the world’s second largest financial system, is forecast to achieve a projected market measurement of US$19 Billion by the yr 2030 trailing a CAGR of 8% over the evaluation interval 2022 to 2030. Among the opposite noteworthy geographic markets are Japan and Canada, every forecast to develop at 2.7% and 4.2% respectively over the 2022-2030 interval. Within Europe, Germany is forecast to develop at roughly 3.4% CAGR.
Market Scope
The offered information contains an intensive evaluation of the worldwide PET packaging market, specializing in numerous geographic areas such because the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The evaluation covers the years from 2014 to 2030 and supplies data on annual gross sales figures in US$ million and share CAGR for various facets of PET packaging, together with differing kinds (Bottles & Jars, Bags & Pouches, Trays, Other Pack Types), filling applied sciences (Cold Fill, Hot Fill, Aseptic Fill, Other Filling Technologies), lids/caps & closures, and end-uses (Food & Beverage, Pharmaceuticals, Personal Care & Cosmetics, Household Products, Other End-Uses).
The information is offered by a number of tables, providing insights into recent, present, and future traits, in addition to a historic evaluation and a 16-year perspective in the marketplace. The evaluation additional features a share breakdown of worth gross sales for specified areas for the years 2014, 2023, and 2030. This information goals to supply an in-depth understanding of the traits, development alternatives, and market dynamics within the world PET packaging trade throughout completely different geographic areas, product sorts, filling applied sciences, and end-use segments.
Market Overview
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Influencer Market Insights
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World Market Trajectories
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PET Packaging – Global Key Competitors Percentage Market Share in 2022 (E)
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Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
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Impact of Covid-19 and a Looming Global Recession
What`s New for 2023?
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Special protection on Russia-Ukraine battle; world inflation; easing of zero-Covid coverage in China and its `bumpy` reopening; provide chain disruptions, world commerce tensions; and threat of recession.
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Global competitiveness and key competitor share market shares
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Market presence throughout a number of geographies – Strong/Active/Niche/Trivial
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Online interactive peer-to-peer collaborative bespoke updates
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Access to digital archives and Research Platform
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Complimentary updates for one yr
Select Competitors (Total 47 Featured) –
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Amcor Ltd.
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Berry Plastics Corporation
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CCL Industries, Inc.
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Dow, Inc.
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DuPont de Nemours, Inc.
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Dunmore Corporation
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Gerresheimer AG
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Graham Packaging Company
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Gtx Hanex Plastic Sp. Z O.O.
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Huhtamaki Oyj
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Klockner Pentaplast GmbH & Co. KG
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Resilux NV
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Smurfit Kappa Group PLC
Key Attributes:
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Report Attribute |
Details |
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No. of Pages |
276 |
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Forecast Period |
2022 – 2030 |
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Estimated Market Value (USD) in 2022 |
$59 Billion |
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Forecasted Market Value (USD) by 2030 |
$87 Billion |
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Compound Annual Growth Rate |
5.0% |
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Regions Covered |
Global |
For extra details about this report go to https://www.researchandmarkets.com/r/9f7h6
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