The PET bottle market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
The rising adoption of PET as a packaging solution, growth in the organized retail segment, and rising consumption of bottled water will offer immense growth opportunities. However, the stringent government regulations and policies on the use of plastics will hamper the market growth.
The report also covers the following areas:
PET Bottle Market 2022-2026: Segmentation
By end-user, the PET bottle market has been segmented into food and beverage, household, personal care, and others. The food and beverage segment will have significant market share growth during the forecast period. This segment will continue to hold the largest market share during the forecast period due to the increasing global consumption of packaged beverages.
By geography, the PET bottle market has been segmented into APAC, Europe, North America, MEA, and South America. APAC will account for 51% of the market's growth during the forecast period.
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PET Bottle Market 2022-2026: Vendor Analysis
To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the PET bottle market include Amcor Plc, Alpha Plastics Inc., BASF SE, BERICAP Holding GmbH, Berry Global Group Inc., Captiva Co., Cospack America Corp., Graham Packaging Co., Ontario Plastic Container Producers Ltd., and Plastipak Holdings Inc. The key offerings of some of these vendors are mentioned below:
- Amcor Plc - The company offers PET bottles that are lighter and more convenient.
- Alpha Plastics Inc. - The company offers PET bottles for drugs and vaccines.
- BASF SE - The company offers pet bottles under the brand name of Petra.
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PET Bottle Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist pet bottle market growth during the next five years
- Estimation of the pet bottle market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the pet bottle market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of pet bottle market vendors
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PET Bottle Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.07% |
Market growth 2022-2026 |
USD 11.21 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.41 |
Regional analysis |
APAC, Europe, North America, MEA, and South America |
Performing market contribution |
APAC at 51% |
Key consumer countries |
US, China, India, Germany, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Amcor Plc, Alpha Plastics Inc., BASF SE, BERICAP Holding GmbH, Berry Global Group Inc., Captiva Co., Cospack America Corp., Graham Packaging Co., Ontario Plastic Container Producers Ltd., and Plastipak Holdings Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
For more valuable insights into the market, Download Latest Free Sample Report
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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