“PET Packaging Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on pet packaging market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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Where is the largest and fastest growing market for pet packaging? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The pet packaging market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Packaging Type: Rigid packaging; Flexible packaging
- 2) By Pack Type: Bottles and jars; Bags and Pouches; Trays; Lids or Caps and Closures; Other Packs (cups and clamshells)
- 3) By Filling Technology: Hot fill; Cold fill; Aseptic fill; Other Technologies (counter-pressure, low vacuum gravity, high vacuum gravity, and positive pressure)
- 4) By End-Use Industry: Food; Beverages; Personal Care and Cosmetics; Household Products; Pharmaceuticals; Other End-Use Industries (industrial goods and consumer durables)
- Companies Mentioned: Amcor Limited; Resilux NV; Gerresheimer AG; Berry Global Group Inc.; Silgan Holdings Inc
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery Format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the pet packaging market are: Amcor Limited, Resilux NV, Gerresheimer AG, Berry Global Group Inc., Silgan Holdings Inc., CCL Industries Inc., EI du Pont de Nemours and Company, Rexam PLC, Smurfit Kappa Group, Klockner Pentaplast GmbH & Co KG, GTX Hanex Plastic Sp zoo, Dunmore Corporation, Huhtamaki Group, Graham Packaging Company, and Berry Plastic Group Inc.
The global PET packaging market is expected to grow from $70.90 billion in 2022 to $74.70 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The PET packaging market is expected to grow to $92.32 billion in 2027 at a CAGR of 5.4%.
The polyethylene terephthalate (PET) packaging market consists of sales of cups and clamshells. 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.
Polyethylene terephthalate (PET) packaging refers to a polymer material that is clear, durable, chemically inert, eco-friendly, and lightweight with many characteristics that make it suitable for product packaging. The polyethylene terephthalate (PET) packaging are used in the pack items, to move through the supply-chain life cycle without being damaged.
North America was the largest region in the PET packaging market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the PET packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of packaging in PET packaging are rigid packaging and flexible packaging. Rigid packaging refers to packaging, made from denser and thicker materials that offer structure and support for products and is known for its strength. The types of packs are bottles and jars, bags and pouches, trays, lids or caps and closures, and other packs. The filling technologies include hot fill, cold fill, aseptic fill, and other technologies such as counter-pressure, low vacuum gravity, high vacuum gravity, and positive pressure. The various end-use industries are food, beverages, personal care and cosmetics, household products, pharmaceuticals, and other end-use industries such as industrial goods and consumer durables.
The emerging e-commerce industry across the globe is expected to propel the growth of the PET packaging market going forward. E-commerce (electronic commerce) refers to the purchasing and selling of goods and services, along with the transmission of payments and data, over an electronic network, primarily on the internet. PET packaging helps the e-commerce industry with the packing of food and beverage products. For instance, according to the US Department of Commerce, the executive department of the U.S. federal government, concerned with economic growth and opportunity, in the first quarter of 2022, retail e-commerce sales increased by 2.4 % as compared to the first quarter of the previous year, 2021, which was valued at $250.0 billion. Therefore, the emerging e-commerce industry across the globe is driving the growth of the PET packaging market.
Technological advancement is a key trend gaining popularity in the PET packaging market. Major companies operating in the PET packaging market are developing new products with advanced technologies to strengthen their position in the PET packaging market. For instance, in February 2022, IonKraft, a Germany-based start-up company operating in PET packaging introduced plasma technology, to make plastic packaging for barrier applications in the chemical industry recyclable, and thus replace the present multi-material solutions.
In April 2022, Indorama Ventures Ltd. (IVL), a Thailand-based packaging solutions company acquired Ngoc Nghia Industry for an undisclosed amount. Through this acquisition, Indorama Ventures Ltd aims to boost its market position as it expands its integrated offering of PET products to multinational customers in the region. Ngoc Nghia Industry is a Vietnam-based polyethylene terephthalate (PET) packaging company.
The countries covered in the PET packaging market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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.
The PET packaging market research report is one of a series of new reports from The Business Research Company that provides PET packaging market statistics, including PET packaging industry global market size, regional shares, competitors with a PET packaging market share, detailed PET packaging market segments, market trends and opportunities, and any further data you may need to thrive in the PET packaging industry. This PET packaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Table of Contents
1. Executive Summary
2. PET Packaging Market Characteristics
3. PET Packaging Market Trends And Strategies
4. PET Packaging Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On PET Packaging Market
- 4.2. Ukraine-Russia War Impact On PET Packaging Market
- 4.3. Impact Of High Inflation On PET Packaging Market
5. PET Packaging Market Size And Growth
- 5.1. Global PET Packaging Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global PET Packaging Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. PET Packaging Market Segmentation
- 6.1. Global PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Rigid Packaging
- Flexible Packaging
- 6.2. Global PET Packaging Market, Segmentation By Pack Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Bottles And Jars
- Bags And Pouches
- Trays
- Lids Or Caps And Closures
- Other Packs
- 6.3. Global PET Packaging Market, Segmentation By Filling Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Hot Fill
- Cold Fill
- Aseptic Fill
- Other Technologies
- 6.4. Global PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Food
- Beverages
- Personal Care And Cosmetics
- Household Products
- Pharmaceuticals
- Other End-Use Industries
7. PET Packaging Market Regional And Country Analysis
- 7.1. Global PET Packaging Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global PET Packaging Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific PET Packaging Market
- 8.1. Asia-Pacific PET Packaging Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China PET Packaging Market
- 9.1. China PET Packaging Market Overview
- 9.2. China PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India PET Packaging Market
- 10.1. India PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan PET Packaging Market
- 11.1. Japan PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia PET Packaging Market
- 12.1. Australia PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia PET Packaging Market
- 13.1. Indonesia PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea PET Packaging Market
- 14.1. South Korea PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe PET Packaging Market
- 15.1. Western Europe PET Packaging Market Overview
- 15.2. Western Europe PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK PET Packaging Market
- 16.1. UK PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany PET Packaging Market
- 17.1. Germany PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France PET Packaging Market
- 18.1. France PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe PET Packaging Market
- 19.1. Eastern Europe PET Packaging Market Overview
- 19.2. Eastern Europe PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia PET Packaging Market
- 20.1. Russia PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America PET Packaging Market
- 21.1. North America PET Packaging Market Overview
- 21.2. North America PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA PET Packaging Market
- 22.1. USA PET Packaging Market Overview
- 22.2. USA PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America PET Packaging Market
- 23.1. South America PET Packaging Market Overview
- 23.2. South America PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil PET Packaging Market
- 24.1. Brazil PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East PET Packaging Market
- 25.1. Middle East PET Packaging Market Overview
- 25.2. Middle East PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa PET Packaging Market
- 26.1. Africa PET Packaging Market Overview
- 26.2. Africa PET Packaging Market, Segmentation By Packaging Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa PET Packaging Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. PET Packaging Market Competitive Landscape And Company Profiles
- 27.1. PET Packaging Market Competitive Landscape
- 27.2. PET Packaging Market Company Profiles
- 27.2.1. Amcor Limited
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Resilux NV
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Gerresheimer AG
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Berry Global Group Inc
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Silgan Holdings Inc
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The PET Packaging Market
29. PET Packaging Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer