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North America PET Bottles Market Report and Forecast 2023-2028

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    Report

  • 186 Pages
  • October 2023
  • Region: North America
  • Expert Market Research
  • ID: 5901146
According to this report, the North America PET bottles market is projected to grow at a CAGR of 4.3% between 2023 and 2028 to reach a value of USD 10.12 billion by 2028. Aided by the rising demand for convenient and sustainable packaging solutions and the increasing applications of PET bottles in diverse industries, the market is expected to grow significantly by 2028.

PET (Polyethylene Terephthalate) is a type of plastic that is primarily used in the production of packaging materials, especially bottles. PET bottles are widely appreciated for their excellent properties such as lightness, resistance to water, durability, and ability to maintain the freshness of products, making them a popular packaging choice across various industries, including beverages, food, pharmaceuticals, personal care, and household products.

The burgeoning consumer preference for convenience and sustainable packaging is driving the North America PET bottles market growth. PET bottles offer great convenience in terms of portability, storage, and use, leading to their widespread adoption among consumers. Furthermore, they are fully recyclable, supporting the ongoing sustainability efforts and reducing the environmental impact of packaging, which significantly contributes to their increasing demand.

Moreover, the escalating health consciousness among consumers is leading to a surge in the demand for bottled water and healthy beverages, thereby stimulating the North America PET bottles market expansion. PET bottles, with their ability to maintain the integrity and freshness of beverages, are widely used for packaging these products, further driving the market expansion.

The versatile applications of PET bottles across various industries also play a significant role in propelling the North America PET bottles market development. In the beverage industry, PET bottles are extensively used for packaging carbonated drinks, juices, water, and alcoholic drinks due to their excellent barrier properties. The pharmaceutical industry utilises PET bottles for the packaging of medicines and health supplements owing to their superior chemical resistance. The personal care and cosmetics industries use PET bottles for packaging various products such as lotions, creams, and shampoos because of their lightness and unbreakability.

Furthermore, the development and use of biodegradable and bio-based PET bottles have opened new avenues for market growth. As companies and consumers continue to seek environmentally friendly alternatives, the demand for these innovative PET bottles is expected to rise, thereby driving the North America PET bottles market growth.

Market Segmentation

The market can be divided based on technology, application, and country.

Market Breakup by Technology

  • Stretch Blow Moulding
  • Injection Moulding
  • Extrusion Blow Moulding
  • Thermoforming
  • Others

Market Breakup by Application

  • Beverages
  • Packaged Water
  • Carbonated Soft Drinks
  • Fruit Juice
  • Alcoholic Beverages
  • Food
  • Personal Care
  • Household Care
  • Pharmaceuticals
  • Others

Market Breakup by Country

  • United States
  • Canada

Competitive Landscape

This report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the North America PET bottles companies. Some of the major key players explored in this report are as follows:
  • Amcor plc
  • Berry Global Inc.
  • Graham Packaging Company
  • Loews Corporation
  • Plastipak Holdings, Inc.
  • Others

About the Analyst

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

The high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in this market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.

The analyst always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot7 Industry Opportunities and Challenges
8 North America PET Bottles Market Analysis
8.1 Key Industry Highlights
8.2 North America PET Bottles Historical Market (2018-2022)
8.3 North America PET Bottles Market Forecast (2023-2028)
8.4 North America PET Bottles Market by Technology
8.4.1 Stretch Blow Moulding
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Injection Moulding
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Extrusion Blow Moulding
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Thermoforming
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Others
8.5 North America PET Bottles Market by Application
8.5.1 Beverages
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.1.4 Breakup by Type
8.5.1.4.1 Packaged Water
8.5.1.4.2 Carbonated Soft Drinks
8.5.1.4.3 Fruit Juice
8.5.1.4.4 Alcoholic Beverages
8.5.2 Food
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Personal Care
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Household Care
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Pharmaceuticals
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 North America PET Bottles Market by Country
8.6.1 Market Share
8.6.1.1 United States
8.6.1.2 Canada
9 Regional Analysis
9.1 United States
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Amcor plc
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Berry Global Inc.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Graham Packaging Company
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Loews Corporation
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Plastipak Holdings, Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Key Trends and Developments in the Market
List of Figures and Tables
1. North America PET Bottles Market: Key Industry Highlights, 2018 and 2028
2. North America PET Bottles Historical Market: Breakup by Technology (USD Billion), 2018-2022
3. North America PET Bottles Market Forecast: Breakup by Technology (USD Billion), 2023-2028
4. North America PET Bottles Historical Market: Breakup by Application USD Billion), 2018-2022
5. North America PET Bottles Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. North America PET Bottles Historical Market: Breakup by Country (USD Billion), 2018-2022
7. North America PET Bottles Market Forecast: Breakup by Country (USD Billion), 2023-2028
8. North America PET Bottles Market Structure

Companies Mentioned

  • Amcor plc
  • Berry Global Inc.
  • Graham Packaging Company
  • Loews Corporation
  • Plastipak Holdings Inc.

Methodology

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Table Information