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PET Bottle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global PET bottle market reached a volume of 13.1 Million Tons in 2020. Looking forward, IMARC Group expects the market to reach a volume of 15.2 Million Tons by 2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

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. 

 

 
 

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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.
     

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global PET bottle market report, along with forecasts for growth at the global and regional level from 2021-2026. Our report has categorized the market based on capacity, color, technology, end-use and distribution channel.

Breakup by Capacity:

 

 
 

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  • High
  • Medium
  • Low
     

The market has been divided on the basis of the capacity into high, medium and low capacity PET bottles.

Breakup by Distribution Channel:

  • Business to Business
  • Retail
    • Supermarkets and hypermarkets
    • Convenience Stores
    • Online
    • Others
       

On the basis of the distribution channel, the market has been bifurcated into business-to-business (B2B) and retail. The retail segment is further segregated into supermarkets and hypermarkets, convenience stores, online, and others.

Breakup by Color:

  • Transparent
  • Colored
     

Based on the color, the market has been segmented into transparent and colored PET bottles.

Breakup by Technology:

  • Stretch Blow Molding
  • Injection Molding
  • Extrusion Blow Molding
  • Thermoforming
  • Others
     

The market has been analyzed on the basis of technology into stretch blow molding, injection molding, extrusion blow molding, thermoforming and others.

Breakup by End-Use:

  • Packaged Water
  • Carbonated Soft Drinks
  • Food Bottles & Jars
  • Non-Food Bottles & Jars
  • Fruit Juice
  • Beer
  • Others
     

Based on the end use, the packaging of water segment exhibits a clear dominance in the market as these bottles are considered safer for storing water. Moreover, due to growing environmental concerns, various beverage companies are enhancing their packaging solutions by adopting the latest PET bottle manufacturing techniques. Other end use segments include carbonated soft drinks (CSDs), food bottles and jars, non-food bottles and jars, fruit juice and beer.

Regional Insights:

 

 
 

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  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa
     

On the geographical front, Asia Pacific represents the largest market for PET bottles around the world. This can be accredited to the inflating income levels in the region, and a consequent rise in the demand for packaged foods and beverages. Other major markets include North America, Latin America, Europe, and Middle East and Africa.

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. Some of the leading players 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.
  • Resilux NV
     

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units Million Tons, US$ Billion
Segment Coverage Capacity, Distribution Channel, Color, Technology Type, End-Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered 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
Customization Scope 10% Free Customization
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Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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 Market 
    5.1    Market Overview
    5.2    Market Performance
        5.2.1    Volume Trends
        5.2.2    Value Trends
    5.3    Impact of COVID-19
    5.4    Market Breakup by Capacity
    5.5    Market Breakup by Distribution Channel
    5.6    Market Breakup by Color 
    5.7    Market Breakup by Technology Type 
    5.8    Market Breakup by End-Use
    5.9    Market Breakup by Region
    5.10   Market Forecast
6    Market Breakup by Capacity 
    6.1    High
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Medium
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Low
        6.3.1    Market Trends
        6.3.2    Market Forecast
7    Market Breakup by Distribution Channel
    7.1    Business to Business 
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Retail
        7.2.1    Market Trends 
        7.2.2    Market Breakup by Type
            7.2.2.1   Supermarkets and Hypermarkets
                7.2.2.1.1   Market Trends
                7.2.2.1.2   Market Forecast
            7.2.2.2   Convenience Stores
                7.2.2.2.1   Market Trends
                7.2.2.2.2   Market Forecast
            7.2.2.3   Online
                7.2.2.3.1   Market Trends
                7.2.2.3.2   Market Forecast
            7.2.2.4   Others
                7.2.2.4.1   Market Trends
                7.2.2.4.2   Market Forecast
8    Market Breakup by Color 
    8.1    Transparent 
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Coloured 
        8.2.1    Market Trends
        8.2.2    Market Forecast
9    Market Breakup by Technology Type 
    9.1    Stretch Blow Molding 
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Injection Molding 
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    Extrusion Blow Molding 
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Thermoforming 
        9.4.1    Market Trends
        9.4.2    Market Forecast
    9.5    Others 
        9.5.1    Market Trends
        9.5.2    Market Forecast
10    Market Breakup by End-Use 
    10.1    Packaged Water 
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    Carbonated Soft Drinks (CSD’s) 
        10.2.1    Market Trends
        10.2.2    Market Forecast
    10.3    Food Bottles and Jars 
        10.3.1    Market Trends
        10.3.2    Market Forecast
    10.4    Non-Food Bottles and Jars 
        10.4.1    Market Trends
        10.4.2    Market Forecast
    10.5    Fruit Juice
        10.5.1    Market Trends
        10.5.2    Market Forecast
    10.6    Beer
        10.6.1    Market Trends
        10.6.2    Market Forecast
    10.7    Others
        10.7.1    Market Trends
        10.7.2    Market Forecast
11    Market Breakup by Region
    11.1    North America
        11.1.1    Market Trends
        11.1.2    Market Forecast
    11.2    Europe
        11.2.1    Market Trends
        11.2.2    Market Forecast
    11.3    Asia Pacific
        11.3.1    Market Trends
        11.3.2    Market Forecast
    11.4    Middle East and Africa
        11.4.1    Market Trends
        11.4.2    Market Forecast
    11.5    Latin America
        11.5.1    Market Trends
        11.5.2    Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
    13.1    Overview
    13.2    Raw Material Suppliers
    13.3    Manufacturers
    13.4    Distributors
    13.5    Exporters
    13.6    Retailers
    13.7    End-Users
14    Porter’s Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Analysis
    15.1    Key Price Indicators
    15.2    Price Structure
    15.3    Price Trends
16   PET Bottle Manufacturing Process
    16.1      Product Overview
    16.2      Detailed Process Flow
    16.3      Various Types of Unit Operations Involved
    16.4      Mass Balance and Raw Material Requirements
17   Project Details, Requirements and Costs Involved
    17.1      Land Requirements and Expenditures
    17.2      Construction Requirements and Expenditures
    17.3      Plant Layout
    17.4      Plant Machinery
    17.5      Machinery Pictures
    17.6      Raw Material Requirements and Expenditures
    17.7      Raw Material and Final Product Pictures
    17.8      Packaging Requirements and Expenditures
    17.9      Transportation Requirements and Expenditures
    17.10    Utility Requirements and Expenditures
    17.11    Manpower Requirements and Expenditures
    17.12    Other Capital Investments
18   Loans and Financial Assistance
19   Project Economics

    19.1      Capital Cost of the Project
    19.2      Techno-Economic Parameters
    19.3      Product Pricing and Margins Across Various Levels of the Supply Chain
    19.4      Taxation and Depreciation
    19.5      Income Projections
    19.6      Expenditure Projections
    19.7      Financial Analysis
    19.8      Profit Analysis
20    Competitive Landscape
    20.1    Market Structure
    20.2    Key Players
    20.3    Profiles of Key Players
        20.3.1    Amcor Limited
        20.3.2    Cospack America Corporation
        20.3.3    Bericap GmbH & Co. KG
        20.3.4    Rexam, Inc.
        20.3.5    Berry Global, Inc
        20.3.6    Graham Packaging Company Inc.
        20.3.7    Container Corporation of Canada
        20.3.8    Ontario Plastic Container Producers Ltd.
        20.3.9    Constar Internationals, Inc.
        20.3.10      Alpha Packaging
        20.3.11      Alpack Plastics
        20.3.12      Plastipak Holdings, Inc.
        20.3.13      Resilux NV

List of Figures

Figure 1: Global: PET Bottles Market: Major Drivers and Challenges
Figure 2: Global: PET Bottles Market: Volume Trends (in Million Tons), 2015-2020
Figure 3: Global: PET Bottles Market: Value Trends (in Billion US$), 2015-2020
Figure 4: Global: PET Bottles Market: Breakup by Capacity (in %), 2020
Figure 5: Global: PET Bottles Market: Breakup by Distribution Channel (in %), 2020
Figure 6: Global: PET Bottles Market: Breakup by Color (in %), 2020
Figure 7: Global: PET Bottles Market: Breakup by Technology Type (in %), 2020
Figure 8: Global: PET Bottles Market: Breakup by End-Use (in %), 2020
Figure 9: Global: PET Bottles Market: Breakup by Region (in %), 2020
Figure 10: Global: PET Bottles Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 11: Global: PET Bottles Market Forecast: Value Trends (in Billion US$), 2021-2026
Figure 12: Global: PET Bottles Market: Average Prices (in US$/Ton), 2015-2020
Figure 13: Global: PET Bottles Market Forecast: Average Prices (in US$/Ton), 2021-2026
Figure 14: PET Bottles Market: Price Structure (US$/Ton)
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: North America: PET Bottles Market (in ‘000 Tons), 2015 & 2020
Figure 19: North America: PET Bottles Market Forecast (in ‘000 Tons), 2021-2026
Figure 20: Europe: PET Bottles Market (in ‘000 Tons), 2015 & 2020
Figure 21: Europe: PET Bottles Market Forecast (in ‘000 Tons), 2021-2026
Figure 22: Asia Pacific: PET Bottles Market (in ‘000 Tons), 2015 & 2020
Figure 23: Asia Pacific: PET Bottles Market Forecast (in ‘000 Tons), 2021-2026
Figure 24: Middle East and Africa: PET Bottles Market (in ‘000 Tons), 2015 & 2020
Figure 25: Middle East and Africa: PET Bottles Market Forecast (in ‘000 Tons), 2021-2026
Figure 26: Latin America: PET Bottles Market (in ‘000 Tons), 2015 & 2020
Figure 27: Latin America: PET Bottles Market Forecast (in ‘000 Tons), 2021-2026
Figure 28: Global: PET Bottles Market: High Size (in ‘000 Tons), 2015 & 2020
Figure 29: Global: PET Bottles Market Forecast: High Size (in ‘000 Tons), 2021-2026
Figure 30: Global: PET Bottles Market: Medium Size (in ‘000 Tons), 2015 & 2020
Figure 31: Global: PET Bottles Market Forecast: Medium Size (in ‘000 Tons), 2021-2026
Figure 32: Global: PET Bottles Market: Low Size (in ‘000 Tons), 2015 & 2020
Figure 33: Global: PET Bottles Market Forecast: Low Size (in ‘000 Tons), 2021-2026
Figure 34: Global: PET Bottles Market: Sales through Business to Business (in ‘000 Tons), 2015 & 2020
Figure 35: Global: PET Bottles Market Forecast: Sales through Business to Business (in ‘000 Tons), 2021-2026
Figure 36: Global: PET Bottles Market: Sales through Retail (in ‘000 Tons), 2015 & 2020
Figure 37: Global: PET Bottles Market Forecast: Sales through Retail (in ‘000 Tons), 2021-2026
Figure 37: Global: PET Bottles (Retail) Market: Breakup by Distribution Channel (in %), 2020
Figure 38: Global: PET Bottles Market: Sales through Supermarkets and Hypermarkets (in ‘000 Tons), 2015 & 2020
Figure 39: Global: PET Bottles Market Forecast: Sales through Supermarkets and Hypermarkets (in ‘000 Tons), 2021-2026
Figure 40: Global: PET Bottles Market: Sales through Convenience Stores (in ‘000 Tons), 2015 & 2020
Figure 41: Global: PET Bottles Market Forecast: Sales through Convenience Stores (in ‘000 Tons), 2021-2026
Figure 42: Global: PET Bottles Market: Online Sales (in ‘000 Tons), 2015 & 2020
Figure 43: Global: PET Bottles Market Forecast: Online Sales (in ‘000 Tons), 2021-2026
Figure 44: Global: PET Bottles Market: Sales through Other Distribution Channels (in ‘000 Tons), 2015 & 2020
Figure 45: Global: PET Bottles Market Forecast: Sales through Other Distribution Channels (in ‘000 Tons), 2021-2026
Figure 46: Global: PET Bottles Market: Transparent (in ‘000 Tons), 2015 & 2020
Figure 47: Global: PET Bottles Market Forecast: Transparent (in ‘000 Tons), 2021-2026
Figure 48: Global: PET Bottles Market: Coloured (in ‘000 Tons), 2015 & 2020
Figure 49: Global: PET Bottles Market Forecast: Coloured (in ‘000 Tons), 2021-2026
Figure 50: Global: PET Bottles Market: Stretch Blow Molding (in ‘000 Tons), 2015 & 2020
Figure 51: Global: PET Bottles Market Forecast: Stretch Blow Molding (in ‘000 Tons), 2021-2026
Figure 52: Global: PET Bottles Market: Injection Molding (in ‘000 Tons), 2015 & 2020
Figure 53: Global: PET Bottles Market Forecast: Injection Molding (in ‘000 Tons), 2021-2026
Figure 54: Global: PET Bottles Market: Extrusion Blow Molding (in ‘000 Tons), 2015 & 2020
Figure 55: Global: PET Bottles Market Forecast: Extrusion Blow Molding (in ‘000 Tons), 2021-2026
Figure 56: Global: PET Bottles Market: Thermoforming (in ‘000 Tons), 2015 & 2020
Figure 57: Global: PET Bottles Market Forecast: Thermoforming (in ‘000 Tons), 2021-2026
Figure 58: Global: PET Bottles Market: Other Technologies (in ‘000 Tons), 2015 & 2020
Figure 59: Global: PET Bottles Market Forecast: Other Technologies (in ‘000 Tons), 2021-2026
Figure 60: Global: PET Bottles Market: Packaged Water (in ‘000 Tons), 2015 & 2020
Figure 61: Global: PET Bottles Market Forecast: Packaged Water (in ‘000 Tons), 2021-2026
Figure 62: Global: PET Bottles Market: Carbonated soft drinks (CSD’s) (in ‘000 Tons), 2015 & 2020
Figure 63: Global: PET Bottles Market Forecast: Carbonated soft drinks (CSD’s) (in ‘000 Tons), 2021-2026
Figure 64: Global: PET Bottles Market: Food Bottles & Jars (in ‘000 Tons), 2015 & 2020
Figure 65: Global: PET Bottles Market Forecast: Food Bottles & Jars (in ‘000 Tons), 2021-2026
Figure 66: Global: PET Bottles Market: Non-food Bottles & Jars (in ‘000 Tons), 2015 & 2020
Figure 67: Global: PET Bottles Market Forecast: Non-food Bottles & Jars (in ‘000 Tons), 2021-2026
Figure 68: Global: PET Bottles Market: Fruit Juice (in ‘000 Tons), 2015 & 2020
Figure 69: Global: PET Bottles Market Forecast: Fruit Juice (in ‘000 Tons), 2021-2026
Figure 70: Global: PET Bottles Market: Beer (in ‘000 Tons), 2015 & 2020
Figure 71: Global: PET Bottles Market Forecast: Beer (in ‘000 Tons), 2021-2026
Figure 72: Global: PET Bottles Market: Other Uses (in ‘000 Tons), 2015 & 2020
Figure 73: Global: PET Bottles Market Forecast: Other Uses (in ‘000 Tons), 2021-2026
Figure 74: PET Bottles Manufacturing Plant: Detailed Process Flow
Figure 75: PET Bottles Manufacturing Process: Conversion Rate of Feedstocks
Figure 76: PET Bottles Manufacturing Plant: Proposed Plant Layout
Figure 77: PET Bottles Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 78: PET Bottles Industry: Profit Margins at Various Levels of the Supply Chain
Figure 79: PET Bottles Production: Manufacturing Cost Breakup (in %)

List of Tables

Table 1: Global: PET Bottles Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: PET Bottles Market Forecast: Breakup by Capacity (‘000 Tons), 2021-2026
Table 3: Global: PET Bottles Market Forecast: Breakup by Distribution Channel (‘000 Tons), 2021-2026
Table 4: Global: PET Bottles Market Forecast: Breakup by Color (‘000 Tons), 2021-2026
Table 5: Global: PET Bottles Market Forecast: Breakup by Technology Type (‘000 Tons), 2021-2026
Table 6: Global: PET Bottles Market Forecast: Breakup by End-Use (‘000 Tons), 2021-2026
Table 7: Global: PET Bottles Market Forecast: Breakup by Region (‘000 Tons), 2021-2026
Table 8: Global: PET Bottles Market: Competitive Landscape
Table 9: PET Bottles Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 10: PET Bottles Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 11: PET Bottles Manufacturing Plant: Costs Related to Injection Molding System for PET Preform Machinery (in US$)
Table 12: PET Bottles Manufacturing Plant: Costs Related to Full-Auto Bottle Blowing Machinery (in US$)
Table 13: PET Bottles Manufacturing Plant: Summary of Machinery Costs (in US$)    
Table 14: PET Bottles Manufacturing Plant: Raw Material Requirements
Table 15: PET Bottles Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 16: PET Bottles Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 17: Details of Financial Assistance Offered by Financial Institutions
Table 18: PET Bottles Manufacturing Plant: Capital Costs (in US$)
Table 19: PET Bottles Manufacturing Plant: Techno-Economic Parameters
Table 20: PET Bottles Manufacturing Plant: Taxation and Depreciation (in US$)
Table 21: PET Bottles Manufacturing Plant: Income Projections (in US$)
Table 22: PET Bottles Manufacturing Plant: Expenditure Projections (in US$)
Table 23: PET Bottles Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 24: PET Bottles Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 25: PET Bottles Manufacturing Plant: Profit and Loss Account (in US$)

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Key Question 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 exhibit stable growth during 2021-2026.

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.

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