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The global PET bottle market was valued at US$ 39.7 Billion in 2021.
We expect the global PET bottle market to exhibit a CAGR of 4.46% during 2022-2027.
The growing availability of PET bottles in numerous sizes, shapes, colors, and designs to improve
their appearance and utility, is primarily driving the global PET bottle market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations resulting in temporary closure of various end-use
industries for PET bottles.
Based on the capacity, the global PET bottle market can be categorized into high, medium, and low.
Among these, medium capacity PET bottle currently holds the majority of the total market share.
Based on the distribution channel, the global PET bottle market has been segregated into business to
business and retail. Currently, business to business channel represents the largest market share.
Based on the color, the global PET bottle market can be bifurcated into transparent and colored,
where transparent PET bottle currently accounts for the majority of the global market share.
Based on the technology, the global PET bottle market has been divided into stretch blow molding,
injection molding, extrusion blow molding, thermoforming, and others. Among these, stretch blow
molding technology currently exhibits a clear dominance in the market.
Based on the end-use, the global PET bottle market can be segmented into packaged water,
carbonated soft drinks, food bottles & jars, non-food bottles & jars, fruit juice, beer, and others.
Currently, packaged water represents the largest market share.
On a regional level, 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.
Some of the major players in the global PET bottle market include 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, etc.
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