The global PET bottle market reached a volume of 13.1 Million Tons in 2020. Polyethylene terephthalate (PET) refers to a thermoplastic polymer resin of the polyester family which is widely used for manufacturing plastic bottles. In comparison with PP, HDPE and PVC bottles, PET bottles are more durable, transparent, lightweight, non-reactive, cost-effective and thermally stable. Moreover, they are environment-friendly and can be recycled repeatedly which further reduces their manufacturing cost. Primarily used in the packaging of drinking water and beverages, PET bottles are also gaining prominence as a packaging solution for salad dressings, household cleaners, medicines, dish detergents and mouthwashes. Looking forward, IMARC Group expects the global PET bottle market to exhibit moderate growth in the next few years.
Global PET Bottle Market Drivers:
Breakup by Capacity:
Breakup by Distribution Channel:
Breakup by Color:
Breakup by Technology:
Breakup by End-Use:
The competitive landscape of the PET bottle industry has been examined along with detailed profiles of the major players operating in the market. Some of the leading players are:
Key Questions Answered in This Report
The global PET bottle market reached a volume of 13.1 Million Tons in 2020.
According to the estimates by IMARC Group, the global PET bottle market is expected to witness a CAGR of 2.6% from 2021 to 2026.
The expanding packaging sector along with the rising demand for ready-to-drink beverages represent some of the key drivers for the global PET bottle market.
The emergence of innovative technologies, such as plasma-based coating that has made PET bottles more impervious in nature, represents one of the key trends in the global PET bottle market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary shutdown of numerous manufacturing facilities of PET bottles.
On the basis of the end-use, the market has been bifurcated into packaged water, carbonated soft drinks, food bottles & jars, non-food bottles & jars, fruit juice, beer, and others. Currently, packaged water holds the majority of the total market share.
On the basis of the distribution channel, the market has been divided into business to business and retail. Among these, business to business represents the largest segment.
On the basis of the technology, the market has been segmented into stretch blow molding, injection molding, extrusion blow molding, thermoforming, and others. At present, extrusion blow molding exhibits a clear dominance in the market.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific dominates the global market.
The key companies in the global PET bottle market are Amcor Limited, Cospack America Corporation, Bericap GmbH & Co. KG, Rexam, Inc., Berry Global, Inc., Graham Packaging Company Inc., Container Corporation of Canada, Ontario Plastic Container Producers Ltd., Constar Internationals, Inc., Alpha Packaging, Alpack Plastics, Plastipak Holdings, Inc., and Resilux NV.
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at