The global PET bottle market reached a volume of more than 17 Million Tons in 2018, registering a CAGR of more than 2.3% during 2011-2018. The market is further projected to reach a volume of nearly 20 Million Tons by 2024, at a CAGR of nearly 2.1% during 2019-2024. 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.
Global PET Bottle Market Drivers:
- The rising trend of westernization, inflating disposable incomes and altering food patterns of consumers have increased the demand for bottled beverages, particularly in developing countries like India and China. Additionally, hectic lifestyles have enabled consumers to opt for on-the-go beverages.
- Due to their flexibility, PET bottles can be molded into numerous shapes to improve their appearance and utility. For brand differentiation, manufacturers are focusing on unique packaging and different-sized packs which are spurring the demand for PET bottles with customized shapes, colors and designs.
- Advancements in technology have created a positive outlook for the PET bottle market. For instance, manufacturers have introduced a plasma-based coating which makes PET bottles more impervious in nature. Apart from this, they have also started utilizing silver to increase the product shelf life.
- Recent changes in packaging regulations of various countries have also influenced the PET bottles industry. For example, in line with the new German Packaging Act, manufacturers are inventing new interior coating processes like FreshSafe PET that makes bottle-to-bottle recycling possible. Moreover, the concept of InnoPET FormFill, which molds and fills plastic containers in one step, has received positive response as it reduces total energy consumption, occupies less space and increases savings in comparison with BloFill systems.
Breakup by End-Use:
- Packaged Water
- Carbonated Soft Drinks
- Food Bottles & Jars
- Non-Food Bottles & Jars
- Fruit Juice
- Beer
- Others
Currently, PET bottles are used for packaged water as they are considered safer and healthier for maintaining the quality of water. Moreover, on account of growing environmental concerns, various beverage companies are improving their packaging solutions by adopting the latest PET bottle manufacturing techniques.
Regional Insights:
- Asia Pacific
- North America
- South America
- Europe
- Middle East and Africa
Asia Pacific enjoys the leading position in the global PET bottle market. Economic growth, inflating disposable incomes and tropical climatic conditions in the region are propelling the consumption of soft drinks which, in turn, is catalyzing the growth of the PET bottle market.
Competitive Landscape:
The competitive landscape of the PET bottle industry has been examined along with detailed profiles of the major players operating in the market.
Key Questions Answered in This Report:
- How has the global PET bottle market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global PET bottle market?
- What are the key end-use segments in the global PET bottle market?
- What are the price trends of PET bottle?
- What are the various stages in the value chain of the global PET bottle market?
- What are the key driving factors and challenges in the global PET bottle market?
- What is the structure of the global PET bottle market and who are the key players?
- What is the degree of competition in the global PET bottle market?
- What are the profit margins in the global PET bottle market?
- What are the key requirements for setting up a PET bottle manufacturing plant?
- How are PET bottles manufactured?
- What are the various unit operations involved in a PET bottle manufacturing plant?
- What is the total size of land required for setting up a PET bottle manufacturing plant?
- What are the machinery requirements for setting up a PET bottle manufacturing plant?
- What are the raw material requirements for setting up a PET bottle manufacturing plant?
- What are the packaging requirements for PET bottle?
- What are the transportation requirements for PET bottle?
- What are the utility requirements for setting up a PET bottle manufacturing plant?
- What are the manpower requirements for setting up a PET bottle manufacturing plant?
- What are the infrastructure costs for setting up a PET bottle manufacturing plant?
- What are the capital costs for setting up a PET bottle manufacturing plant?
- What are the operating costs for setting up a PET bottle manufacturing plant?
- What will be the income and expenditures for a PET bottle manufacturing plant?
- What is the time required to break-even?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global PET Bottles Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Price Analysis
5.3.1 Key Price Indicators
5.3.2 Price Structure
5.3.3 Price Trends
5.4 Market Breakup by Region
5.5 Market Breakup by End-Use
5.6 USA PET Bottles Industry
5.6.1 Market Performance
5.6.1.1 Volume Trends
5.6.1.2 Value Trends
5.6.2 Market Forecast
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Raw Material Suppliers
5.9.2 Manufacturers
5.9.3 Distributors
5.9.4 Exporters
5.9.5 Retailers
5.9.6 End-Users
5.10 Porter’s Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
5.11 Key Success and Risk Factors for PET Bottle Manufacturers
6 Performance of Key Regions
6.1 Asia-Pacific
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 North America
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 South America
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Europe
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Middle East and Africa
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market by End-Use
7.1 Packaged Water
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Carbonated Soft Drinks (CSD’s)
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Food Bottles & Jars
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Non-Food Bottles & Jars
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Fruit Juice
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Beer
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Others
7.7.1 Market Trends
7.7.2 Market Forecast
8 Competitive Landscape
9 PET Bottle Manufacturing Process
9.1 Product Overview
9.2 Detailed Process Flow
9.3 Various Types of Unit Operations Involved
9.4 Mass Balance and Raw Material Requirements
10 Project Details, Requirements and Costs Involved
10.1 Land Requirements and Expenditures
10.2 Construction Requirements and Expenditures
10.3 Plant Layout
10.4 Plant Machinery
10.5 Machinery Pictures
10.6 Raw Material Requirements and Expenditures
10.7 Raw Material and Final Product Pictures
10.8 Packaging Requirements and Expenditures
10.9 Transportation Requirements and Expenditures
10.10 Utility Requirements and Expenditures
10.11 Manpower Requirements and Expenditures
10.12 Other Capital Investments
11 Loans and Financial Assistance
12 Project Economics
12.1 Capital Cost of the Project
12.2 Techno-Economic Parameters
12.3 Product Pricing and Margins Across Various Levels of the Supply Chain
12.4 Taxation and Depreciation
12.5 Income Projections
12.6 Expenditure Projections
12.7 Financial Analysis
12.8 Profit Analysis
13 Key Player Profiles
List of Figures
Figure 1: Global: PET Bottles Market: Major Drivers and Challenges
Figure 2: Global: PET Bottles Market: Volume Trends (in Million Tons), 2011-2018
Figure 3: Global: PET Bottles Market: Value Trends (in Billion US$), 2011-2018
Figure 4: Global: PET Bottles Market: Breakup by Region (in %), 2018
Figure 5: Global: PET Bottles Market: Breakup by End-Use (in %), 2018
Figure 6: Global: PET Bottles Market Forecast: Volume Trends (in Million Tons), 2019-2024
Figure 7: Global: PET Bottles Market Forecast: Value Trends (in Billion US$), 2019-2024
Figure 8: Global: PET Bottles Market: Average Prices (in US$/Ton), 2011-2018
Figure 9: Global: PET Bottles Market Forecast: Average Prices (in US$/Ton), 2019-2024
Figure 10: PET Bottles Market: Price Structure (US$/Ton)
Figure 11: USA: PET Bottles Market: Volume Trends (in ‘000 Tons), 2011-2018
Figure 12: USA: PET Bottles Market: Value Trends (in Billion US$), 2011-2018
Figure 13: USA: PET Bottles Market Forecast: Volume Trends (in Million Tons), 2019-2024
Figure 14: USA: PET Bottles Market Forecast: Value Trends (in Billion US$), 2019-2024
Figure 15: Global: PET Bottles Industry: SWOT Analysis
Figure 16: Global: PET Bottles Industry: Value Chain Analysis
Figure 17: Global: PET Bottles Industry: Porter’s Five Forces Analysis
Figure 18: Asia Pacific: PET Bottles Market (in ‘000 Tons), 2011 & 2018
Figure 19: Asia Pacific: PET Bottles Market Forecast (in ‘000 Tons), 2019-2024
Figure 20: North America: PET Bottles Market (in ‘000 Tons), 2011 & 2018
Figure 21: North America: PET Bottles Market Forecast (in ‘000 Tons), 2019-2024
Figure 22: South America: PET Bottles Market (in ‘000 Tons), 2011 & 2018
Figure 23: South America: PET Bottles Market Forecast (in ‘000 Tons), 2019-2024
Figure 24: Europe: PET Bottles Market (in ‘000 Tons), 2011 & 2018
Figure 25: Europe: PET Bottles Market Forecast (in ‘000 Tons), 2019-2024
Figure 26: Middle East and Africa: PET Bottles Market (in ‘000 Tons), 2011 & 2018
Figure 27: Middle East and Africa: PET Bottles Market Forecast (in ‘000 Tons), 2019-2024
Figure 28: Global: PET Bottles Market: Packaged Water (in ‘000 Tons), 2011 & 2018
Figure 29: Global: PET Bottles Market Forecast: Packaged Water (in ‘000 Tons), 2019 - 2024
Figure 30: Global: PET Bottles Market: Carbonated soft drinks (CSD’s) (in ‘000 Tons), 2011 & 2018
Figure 31: Global: PET Bottles Market Forecast: Carbonated soft drinks (CSD’s) (in ‘000 Tons), 2019-2024
Figure 32: Global: PET Bottles Market: Food Bottles & Jars (in ‘000 Tons), 2011 & 2018
Figure 33: Global: PET Bottles Market Forecast: Food Bottles & Jars (in ‘000 Tons), 2019-2024
Figure 34: Global: PET Bottles Market: Non-food Bottles & Jars (in ‘000 Tons), 2011 & 2018
Figure 35: Global: PET Bottles Market Forecast: Non-food Bottles & Jars (in ‘000 Tons), 2019-2024
Figure 36: Global: PET Bottles Market: Fruit Juice (in ‘000 Tons), 2011 & 2018
Figure 37: Global: PET Bottles Market Forecast: Fruit Juice (in ‘000 Tons), 2019-2024
Figure 38: Global: PET Bottles Market: Beer (in ‘000 Tons), 2011 & 2018
Figure 39: Global: PET Bottles Market Forecast: Beer (in ‘000 Tons), 2019-2024
Figure 40: Global: PET Bottles Market: Other Uses (in ‘000 Tons), 2011 & 2018
Figure 41: Global: PET Bottles Market Forecast: Other Uses (in ‘000 Tons), 2019-2024
Figure 42: PET Bottles Manufacturing Plant: Detailed Process Flow
Figure 43: PET Bottles Manufacturing Process: Conversion Rate of Feedstocks
Figure 44: PET Bottles Manufacturing Plant: Proposed Plant Layout
Figure 45: PET Bottles Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 46: PET Bottles Industry: Profit Margins at Various Levels of the Supply Chain
Figure 47: PET Bottles Production: Manufacturing Cost Breakup (in %)
List of Tables
Table 1: Global: PET Bottles Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: PET Bottles Market Forecast: Breakup by Region (‘000 Tons), 2019-2024
Table 3: Global: PET Bottles Market Forecast: Breakup by End-Use (‘000 Tons), 2019-2024
Table 4: Global: PET Bottles Market: Competitive Landscape
Table 5: PET Bottles Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 6: PET Bottles Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 7: PET Bottles Manufacturing Plant: Costs Related to Injection Molding System for PET Preform Machinery (in US$)
Table 8: PET Bottles Manufacturing Plant: Costs Related to Full-Auto Bottle Blowing Machinery (in US$)
Table 9: PET Bottles Manufacturing Plant: Summary of Machinery Costs (in US$)
Table 10: PET Bottles Manufacturing Plant: Raw Material Requirements
Table 11: PET Bottles Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 12: PET Bottles Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 13: Details of Financial Assistance Offered by Financial Institutions
Table 14: PET Bottles Manufacturing Plant: Capital Costs (in US$)
Table 15: PET Bottles Manufacturing Plant: Techno-Economic Parameters
Table 16: PET Bottles Manufacturing Plant: Taxation and Depreciation (in US$)
Table 17: PET Bottles Manufacturing Plant: Income Projections (in US$)
Table 18: PET Bottles Manufacturing Plant: Expenditure Projections (in US$)
Table 19: PET Bottles Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 20: PET Bottles Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 21: PET Bottles Manufacturing Plant: Profit and Loss Account (in US$)