Upcoming Trends and Growth of Polyethylene Terephthalate Packaging Market Forecast By 2027
According to Publisher, the Global Polyethylene Terephthalate (Polyethylene Terephthalate) Packaging Market is accounted for $55.23 billion in 2017 and is expected to reach $102.36 billion by 2026 growing at a CAGR of 7.1% during the forecast period. Increasing demand from end-use industries, shift in consumer preferences towards recyclable & eco-friendly materials and increasing demand for recycled Polyethylene Terephthalate are some factors impacting the market growth. However, lack of effectual infrastructure facilities for recycling is restricting the market growth.
Polyethylene Terephthalate Packaging are used for packing fruit juices and beverages, whereas Polyethylene Terephthalate films are used in packaging solutions for precooked meals and processed meat. Polyethylene Terephthalate (Polyethylene Terephthalate) is usually used in packaging as it acts as a tough barrier against alcohols, water vapor and diluted acids. Moreover, the nonappearance of toxicity in Polyethylene Terephthalate products that are used for packing food products is predictable to drive the market. The main benefit of Polyethylene Terephthalate over other plastic materials used for packaging is its high rate of recyclability. On the other hand, it is flexible, easy-to-recycle and shatter-resistant.
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Some of the key players in the global market are Dunmore, Rexam PLC, GTX Hanex Plastic Sp. Z O.O., Smurfit Kappa Group PLC, E. I. Du Pont De Nemours and Company (Dupont), Huhtamaki Group, CCL Industries, Inc., Graham Packaging Company, Resilux NV, Kl?ckner Pentaplast GmbH & Co. Kg, Gerresheimer AG, Berry Plastics Group Inc., Amcor Limited, Nampak Limited and Huhtamaki OYJ.
Packaging Types Covered:
– Flexible Packaging
– Rigid Packaging
– Other Packaging Types
Forms Covered:
– Crystalline Polyethylene Terephthalate (Polyethylene Terephthalate)
– Amorphous Polyethylene Terephthalate (Polyethylene Terephthalate)
Products Covered:
– Lids/Caps & Closures
– Trays
– Bags & Pouches
– Bottles & Jars
– Other Products
Filling Technologies Covered:
– Aseptic fill
– Cold fill
– Hot fill
– Other Filling Technologies
End-Users Covered:
– Pharmaceuticals
– Household products
– Personal care & cosmetics
– Industrial goods
– Beverages
– Food
– Other End Users
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– Market share assessments for the regional and country level segments
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
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– Competitive landscaping mapping the key common trends
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– Supply chain trends mapping the latest technological advancements
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