PET Beverage Packaging Market Report 2026

The pet beverage packaging market size has grown strongly in recent years. It will grow from $35.5 billion in 2025 to $37.47 billion in 2026 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to growth in bottled beverage consumption, expansion of carbonated drink production, increasing preference for plastic over glass, improved availability of pet resin, rising urban population consumption patterns.

The pet beverage packaging market size is expected to see strong growth in the next few years. It will grow to $46 billion in 2030 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to increasing focus on circular packaging economy, rising investments in rPET infrastructure, growing demand for sustainable beverage packaging, expansion of energy drink and bottled water markets, advancements in lightweight bottle engineering. Major trends in the forecast period include increasing use of lightweight pet bottles, growing adoption of recycled pet content, rising demand for custom bottle designs, expansion of tamper-evident closures, enhanced focus on beverage shelf stability.

The rising consumption of bottled water is expected to drive the growth of the PET beverage packaging market going forward. Bottled water is packaged drinking water sold in sealed containers for individual consumption. The increasing consumption of bottled water is fueled by growing health consciousness and the convenience of ready-to-drink packaging. PET beverage packaging is widely used in bottled water due to its lightweight nature, durability, and recyclability. For instance, in July 2024, according to the International Bottled Water Association (IBWA), a US-based trade association, bottled water volume edged up by 0.4% in 2023. Therefore, the rising consumption of bottled water is driving the growth of the PET beverage packaging market.

Leading companies in the market are focusing on developing innovative solutions, such as packaging made from post-consumer recycled (PCR) content, to meet sustainability commitments and requirements. Post-consumer recycled (PCR) content refers to materials that have been recycled after their initial use by consumers and reprocessed into new products. For instance, in April 2024, Amcor Plc, an Australia-based packaging company, launched a one-liter polyethylene terephthalate (PET) bottle for carbonated soft drinks made from 100% post-consumer recycled content. This one-liter carbonated soft drink stock bottle features sustainability with a reduced carbon footprint while maintaining the same strength and performance as bottles made from virgin PET. It supports recycling initiatives, reduces environmental impact, and meets the high standards required for carbonated beverage packaging, ensuring product integrity and consumer appeal.

In March 2024, Plastek Industries, Inc., a US-based supplier of premium-quality injection molding tools and rigid plastic-molded packaging, partnered with Blaige & Company to pursue growth and expansion through a comprehensive acquisition plan. This partnership signifies a strategic step in Plastek's efforts to strengthen its position as a leading player in the fast-moving consumer goods industry. Blaige & Company is a US-based investment banking firm specializing in plastics, chemicals, and packaging.

Major companies operating in the pet beverage packaging market are Indorama Ventures, Ball Corporation, Amcor Plc, Berry Global Group Inc., Alpek, Sonoco Products Company, Silgan Holdings, Pactiv Evergreen Inc, ALPLA Group, CCL Industries, Plastipak Holdings Inc., Gerresheimer AG, Graham Packaging, Winpak Ltd., Altium Packaging, Coveris Management GmbH, Resilux NV, Comar LLC, Pro-Pac Packaging Limited, KHS Group, OCTAL Holding SAOC., Esterform Packaging Ltd, GTX Hanex Plastic, Apex Plastics.

Asia-Pacific was the largest region in the PET beverage packaging market in 2025. The regions covered in the pet beverage packaging market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the pet beverage packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The PET beverage packaging market consists of sales of larger water jugs, juice jugs, flip-top caps, and soft drink bottles. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.