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PET Packaging - Global Strategic Business Report

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    Report

  • 646 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4805764
The global market for PET Packaging is estimated at US$58.9 Billion in 2023 and is projected to reach US$83 Billion by 2030, growing at a CAGR of 4.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the PET Bottles & Jars segment, which is expected to reach US$44.4 Billion by 2030 with a CAGR of 4.8%. The PET Bags & Pouches segment is also set to grow at 4.2% CAGR for the next 8-year period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $11.2 Billion in 2023, and China, forecasted to grow at an impressive 5.6% CAGR to reach $15.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global PET Packaging Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global PET Packaging Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global PET Packaging Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Amcor plc, Berry Global Group Inc., CCL Industries, Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 95 Featured):

  • Amcor plc
  • Berry Global Group Inc.
  • CCL Industries, Inc.
  • Comar LLC
  • Dunmore Corporation
  • E. I. Du Pont De Nemours and Company (Dupont)
  • Gerresheimer AG
  • Graham Packaging Company
  • GTX Hanex Plastic Sp. z.o.o.
  • Huhtamaki OYJ
  • Klöckner Pentaplast GmbH & Co. Kg
  • Nampak Limited
  • Resilux NV
  • Silgan Holdings Inc.
  • Sonoco Products Company

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Global Economic Update
  • Here’s How Inflationary Pressures Affect the Economy
  • Here’s What’s Causing Inflationary Pressures in the Global Market
  • Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • Global Inflation Rates (In %) for the Years 2019 Through 2024
  • Global Economy Faces a Tough Climb Towards Recovery Made Rockier by the War, Anti-Inflation Fiscal Policies & Slower Than Desirable Easing of Inflationary Pressures: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • Packaging Industry Confronts Testing Times Amidst the COVID-19 Pandemic
  • Pandemic-Induced Changes Impact Flexible Packaging Market
  • Competitive Scenario
  • PET Packaging Innovators Use Recycled PET and Reduce Layers for Improving Packaging Sustainability
  • Select Innovations and Advancements
  • PET Packaging - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • PET Packaging Market to Gain by its Use in Multitude of Industries
  • Global Market Prospects & Outlook
  • Key Market Drivers and Restraints
  • Analysis by Pack Type
  • Analysis by End-Use Industry
  • Regional Analysis
  • Polyethylene Terephthalate (PET): An Overview
  • Introduction to PET Packaging
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Unabated & Unrelenting Use of Plastics across Industries, Despite the Growing Urgency of Plastic Pollution, to Sustain Demand for PET Packaging Products
  • Global Plastics Production (In Million Metric Tons) for Years 2015, 2017, 2019, 2021 and 2023
  • Strong Demand for Flexible Packaging to Support Market Growth
  • A Major Application Area for PET Films, Flexible Packaging & Its Strong Demand Patterns Opens a Parallel Avenue for Growth in Downstream Processing: Global Opportunity for Flexible Packaging (In US$ Million) for Years 2023, 2025, and 2027
  • Rising Concerns for Minimizing Carbon Emission Levels Fuel Demand for Eco-Friendly PET Packaging Technologies
  • End-of-Line Packaging Automation: The Benefits
  • Robust Demand for Processed Foods Drives Use of PET Films in Food Packaging Applications
  • The Massive Processed Food Industry Offers Opportunities on a Platter for the Use of PET Film in Food Packaging Applications: Global Market for Processed Foods (In US$ Billion) for Years 2022, 2024, 2026, 2028 and 2030
  • Key Benefits of Flexible Packaging for Food Companies
  • Demand for Fresh and Safe Food Drives Innovations in High Barrier Films
  • Snacking Culture Pushes Up Demand for Flexible PET Packaging
  • Global Snack Foods Sales in US$ Billion for the Years 2020, 2022, 2024 and 2026
  • Snacking Trend Boosts Stand-up Pouches Market
  • Flexible Packaging Emerges to Address Food Safety Concerns Amidst the Pandemic
  • Carbios Develops Technology for Enzymatically Recycling PET for Food Packaging Applications
  • Packaging Solutions for the Beverage Industry
  • Global Packaged Beverages Market: Percentage Share Breakdown of Volume Consumption by Type for 2019 & 2025
  • Global Beverage Packaging Market by Type (in %)
  • Alcoholic Beverages Packaging Market Breakdown (in %) by Product
  • Global Wine Packaging Market by Packaging Type (in %)
  • Application of Polyethylene Terephthalate for Packaging Dairy Solutions Witnesses a Surge
  • Introduction of Eco-Friendly Packaging Solutions Presents Substantial Growth Opportunity for Bottled Water Market
  • The Course of Bottled Water: From a Rare Novelty to Million-a-Minute Consumption Rate (1600s-2018)
  • Rising Awareness about Waterborne Diseases and the Need for Clean Drinking Water Fuels Growth in Bottled Water Market
  • Following is a list of diseases attributed to contamination of water or food:
  • The Thirsty World is an Attractive Market for Bottled Water: Global Municipal Drinking Water Demand (In Billion Cubic Meter (BCM)) for the Years 2019, 2025, and 2040
  • A Dip into Packaging Trends with Implications for Global Bottled Water Market
  • Packaging Innovations Stress on Recycled, Biodegradable, and Compostable Materials
  • Availability of Tap Water at Lower Cost: A Major Market Restraint
  • Mineral Content and Risk of Contaminants in Bottled Mineral Water, Filtered Water and Tap Water in North America and Europe
  • Average Annual Cost (in $) of Bottled Water Vs Tap Water for Average US Household
  • Strict Regulations Impede Market Growth
  • Environmental Cost of Bottled Water and Concerns over Plastic Use: Major Growth Impediments
  • Plastic Pollution Emerges as a Major Concern for Bottled Water Industry
  • Bottled Water Industry: Making Efforts to be a Good Steward of Environmental Sustainability
  • Pharmaceutical Industry: A Promising Application for Flexible Packaging
  • Flexible Packaging for Healthcare Market Breakdown by End-Use (in %)
  • PET, the Material of Choice for Pharmaceutical Product Packaging
  • Plastic Packaging for Pharma Products
  • Use of PET for Manufacturing Medical Devices and Packaging Witnesses a Surge
  • Global Medical Devices Market Size (in US$ Billion) for the Years 2021, 2023, 2025 and 2027
  • Growing Acceptance of Medical Plastics Provides the Foundation for the Rise of Plastic Films in the Healthcare Industry: Global Market for Medical Plastics (In US$ Million) for Years 2023, 2025 and 2027
  • Global Medical Tubing Market Size in US$ Billion for the Years 2021, 2023, 2025 and 2027
  • Common Flexible Packaging Solutions Use in Pharma Industry
  • Food-Packaging Film Makers Eye Medical Devices Market
  • Cosmetics and Personal Care Industry Emerges as a Promising End-Use Market for PET Packaging Solutions
  • Personal Care Companies Show Inclination Towards Sustainable Packaging Products
  • Cosmetics Industry Increasingly Chooses Flexible Packaging Solutions
  • Personal Care Industry Comes Under Stress during the Pandemic, Impacting PET Packaging Market
  • Global Personal Care Market Growth Outlook (in %) for Years 2019 through 2025
  • Rise in Household Products & Consumer Electronics Sales Augur Well for the Market
  • Global Opportunity for Consumer Electronics (In US$ Million) for Years 2020, 2022, 2024, 2026 and 2028
  • Growth of Aseptic Packaging Presents Favorable Outlook
  • Progress Made in Plastic Recycling to Lessen the Environmental Burden of PET Films & Encourage Its Continued Adoption
  • Encouraging Gains in Plastic Recycling Reduce the Risk of Regulatory Restrictions Being Imposed on PET Films: Global Opportunity for Plastic Recycling (In US$ Million) for Years 2023, 2025 and 2027
  • Reduce-Reuse-Recycle, the Best Means for Achieving Circularity for PET/Polyester
  • Favorable Demographic & Economic Trends Strengthen Market Prospects
  • Ballooning Global Population
  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Urbanization Trend
  • World Urban Population in Thousands: 1950-2050P
  • Burgeoning Middle Class Population
  • Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
  • Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, and 2030
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World PET Packaging Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for PET Packaging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 3: World Historic Review for PET Packaging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 4: World 16-Year Perspective for PET Packaging by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Bottles & Jars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Bottles & Jars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 7: World 16-Year Perspective for Bottles & Jars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Bags & Pouches by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Bags & Pouches by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 10: World 16-Year Perspective for Bags & Pouches by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Trays by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Trays by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 13: World 16-Year Perspective for Trays by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Lids / Caps & Closures by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Lids / Caps & Closures by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 16: World 16-Year Perspective for Lids / Caps & Closures by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Other Pack Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Other Pack Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 19: World 16-Year Perspective for Other Pack Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Cold Fill by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Cold Fill by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 22: World 16-Year Perspective for Cold Fill by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Aseptic Fill by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Aseptic Fill by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 25: World 16-Year Perspective for Aseptic Fill by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Other Filling Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Other Filling Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 28: World 16-Year Perspective for Other Filling Technologies by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 31: World 16-Year Perspective for Food & Beverage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 32: World Recent Past, Current & Future Analysis for Pharmaceuticals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 33: World Historic Review for Pharmaceuticals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 34: World 16-Year Perspective for Pharmaceuticals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 35: World Recent Past, Current & Future Analysis for Personal Care & Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 36: World Historic Review for Personal Care & Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 37: World 16-Year Perspective for Personal Care & Cosmetics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 38: World Recent Past, Current & Future Analysis for Household Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 39: World Historic Review for Household Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 40: World 16-Year Perspective for Household Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 41: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 42: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 43: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • PET Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
  • PET Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Canada for 2023 (E)
JAPAN
  • PET Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
EUROPE
  • PET Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • PET Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • PET Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • PET Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • Amcor plc
  • Berry Global Group Inc.
  • CCL Industries, Inc.
  • Comar LLC
  • Dunmore Corporation
  • E. I. Du Pont De Nemours and Company (Dupont)
  • Gerresheimer AG
  • Graham Packaging Company
  • GTX Hanex Plastic Sp. z.o.o.
  • Huhtamaki OYJ
  • Klöckner Pentaplast GmbH & Co. Kg
  • Nampak Limited
  • Resilux NV
  • Silgan Holdings Inc.
  • Sonoco Products Company

Table Information