Polyethylene Terephthalate (PET) Bottle Market

Polyethylene Terephthalate (PET) Bottle Market Size Survey Report – In a Glance

As per the survey report on global Polyethylene Terephthalate (PET) Bottle Market, the market is projected to foresee a CAGR of 4.8% between 2024-2033, and further generate a market size of USD 61.6 billion by the end of 2033. In the year 2023, the market size was valued at USD 41.4 billion.

• The global Polyethylene Terephthalate (PET) Bottle Market is projected to grow on account of advancement in packaging industry.
• In Japan, the rising popularity of carbonated drinks can be attributed to the increased innovation in the Polyethylene Terephthalate (PET) Bottle market.
• KDMI analyst’s growth analysis foresees evolving regulatory standard to challenge the market growth.
• Asia Pacific, having the highest market share in the Polyethylene Terephthalate (PET) Bottle Market, is projected to dominate the global market.

Polyethylene Terephthalate (PET) Bottle Market Analysis

Polyethylene Terephthalate (PET) bottles, Polyethylene Terephthalate, are plastic containers that after being used are deposited in the containers allowed for recycling. Polyethylene Terephthalate (PET) bottles have replaced glass bottles because they are lightweight, easy to transport, and difficult to damage in transit. Advancements in the packaging industry are one of the significant growth drivers in Polyethylene Terephthalate (PET) bottle markets. Some contemporary methods include anti-microbial packaging, water-soluble packaging, self-cooling and self-heating packaging. Chief trends reshaping the packaging sector are assured to convert the packaging sector in the future are: biodegradability, recyclability and sustainability. Very recently, manufacturers have announced a plasma coating which makes Polyethylene Terephthalate (PET) more impermeable. Amcor Limited, Berry Global, Alpha Packaging, Inc., Gerresheimer AG, Graham Packaging Company and Plastic Bottle Corporation are some of the significant parties in the global market for POLYETHYLENE TEREPHTHALATE (PET) Bottle.

Analyst’s Observation on Japan Polyethylene Terephthalate (PET) Bottle Market Survey

The increasing popularity of carbonated drinks propels the growth of the Polyethylene Terephthalate (PET) bottle market size. Polyethylene Terephthalate (PET) bottles have a comfortable position in the retail beverage packaging sector. Japan is the second biggest market for Coca Cola registering a revenue of USD 10 billion. The fashionable drinks in Japan include Aojiru, Chuhai and Rahumne Soda; according to worldwide information, consumption of seasoned alcoholic mixed drinks in Japan is anticipated to grow from 5.9 per cent of total beverage consumption in 2020 to 8% by 2025. Further, interest in sober curious drinks over the years is also propelling the market size of Polyethylene Terephthalate (PET) bottles in Japan. According to Suntory research, the Japanese non-alcoholic drink in 2021 was 40 million cases, rising 15%. Suntory Group and Iwatani Corporation are some of the significant manufacturers in the Japanese POLYETHYLENE TEREPHTHALATE (PET) bottle market.

Polyethylene Terephthalate (PET) Bottle Market Growth Driver

Increasing use in food industry:

Bottle bills immensely enhance the recycling rate for beverage containers and impact consumer behaviours & this is the reason why the use of Polyethylene Terephthalate (PET) bottles has increased in the food & beverage sector. The use of Polyethylene Terephthalate (PET) plastic is approved by the FDA because it is safe for application with food as it is nontoxic, not consisting of any poisonous chemicals. The increasing economic activity in the food industry is one significant growth driver of the global Polyethylene Terephthalate (PET) bottle market, by 2024, the global food market is anticipated to be worth USD 9.12 trillion with a CAGR of around 6.7% and has a large & complicated supply chain. The multi-tier partnership and collaboration allow the resolution of sustainable problems and further growth of the food industry.

POLYETHYLENE TEREPHTHALATE (PET) Bottle Market Segmentation

Our experts at KD Market Insights have segmented the global POLYETHYLENE TEREPHTHALATE (PET) Bottle Market research report as:

POLYETHYLENE TEREPHTHALATE (PET) Bottle Market Regional Synopsis

Asia Pacific dominates the Polyethylene Terephthalate (PET) Bottle market due to the high consumption of bottled water as the population across regions such as China and India are constantly expanding. China registers around 15% of bottled water consumption worldwide and has exceeded the United States & become the top consumer of bottled water. Further, 97.6% of the bottled Chinese water satisfies the drinking water standard. According to data from the Indian Trade Promotion Council, the Indian packaged drinking water bottle was valued at USD 24 billion in 2019 and USD 60 billion by 2023. Brands such as Bailey, Aquafina and Bisleri are adopting the direct-to-consumer model by introducing their online podium or by amalgamating it with delivery applications. Bisleri has introduced its website and is receiving delivery orders from its consumer care number. Further, the Bisleri has amalgamated with Dunzo, Zomato, Big Basket and Amazon for delivery purposes and in offline mode, has raged its availability at milk shops and pharma.

Regional Company Names

• Guangzhou Huaxin Plastic Product Co.,Ltd
• Zhengao
• Chunkai

POLYETHYLENE TEREPHTHALATE (PET) Bottle Market Key Players

• Amcor Limited
• Berry Global
• Alpha Packaging, Inc.
• Gerresheimer AG
• Graham Packaging Company
• Plastic Bottle Corporation
• MCorp Technologies
• Taiwan Hon Chuan Enterprises Co., Ltd.
• Esterform Ltd
•  Retal Industries Ltd

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global POLYETHYLENE TEREPHTHALATE (PET) Bottle Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Capacity
      2. By End-Use
      3. By Region
5. Market Segmentation by Capacity
   1. Less than 250 ml
   2. 250-500 ml
   3. 501-750 ml
   4. 751-1000 ml
   5. 1001-2000 ml
   6. More than 2000 ml
   7. Others
6. Market Segmentation by End-Use
   1. Food
   2. Jams/Jellies
   3. Sauces
   4. Honey
   5. Others
   6. Beverage
   7. Bottled Water
   8. Carbonated Drinks
   9. Ready-to-drink
   10. Sports Drinks
   11. Alcoholic Drinks
   12. Cosmetics & Personal Care
   13. Pharmaceuticals
   14. Chemicals
   15. Nutritional Supplements
   16. Consumer Goods
   17. Others
7. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      5. South Korea
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      6. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3.               Market Analysis by Capacity and End-Use
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Capacity and End-Use
8. ComPolyethylene Terephthalate (PET)itive Landscape
   1. Market Share Analysis
   2. Company Profiles
      1. Amcor Limited
      2. Berry Global
      3. Alpha Packaging, Inc.
      4. Gerresheimer AG
      5. Graham Packaging Company
      6. Plastic Bottle Corporation
      7. MCorp Technologies
      8. Taiwan Hon Chuan Enterprises Co., Ltd.
      9. Esterform Ltd
      10.  Retal Industries Ltd
      11. Others
9. Strategic Recommendations
10. Appendix
    1. List of Tables
    2. List of Figures
11. References