Global PET Bottle Market Size, Share, Price Trends And Forecast 2018-2023

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       Global PET Bottle Market Influenced by
Expanding Applications in Various Industries

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Report Description and Highlights
Report Description
 Global PET Bottle Market Influenced by
Expanding Applications in Various Industries The
global PET bottle market has witnessed a positive
growth over the past several years. This can be
attributed to the eco-friendly nature of PET
bottles along with the availability of these
bottles in desired shapes, colours and
sizes. PET bottles are made from a thermoplastic
polymer known as polyethylene terephthalate which
is produced by the polymerisation of ethylene
glycol and terephthalic acid. These bottles are
mostly used for packaging water, carbonated
beverages and various other food and
pharmaceutical products. Moreover, PET bottles
are recyclable which makes them environment
friendly and also reduces the cost of
manufacturing. A new research report by IMARC
Group, titled PET Bottle Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2018-2023, estimates that the global
PET bottle market reached a volume of 17 Million
Tons in 2017. The report further anticipates the
market to reach a volume of 19 Million Tons by
2023, at a projected CAGR of around 2 over the
forecast period.
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Report Description and Highlights
Report Description

• Global PET Bottle Market Drivers/Constraints
• The numerous characteristics of PET bottles,
  including light-weight, high strength,
  impermeability to atmospheric gases have resulted
  in the rising demand for PET bottles across
  various industries.
• An increasing demand for bottled beverages
  coupled with the growth in the FMCG (fast-moving
  consumer goods) sector has led to a hike in the
  sales of PET bottles across the globe.
• The increasing focus on unique packaging and
  different-sized packs as an important tool for
  brand differentiation has facilitated the demand
  for PET bottles with customised shapes, designs
  and colours, in turn, boosting the market growth.
• The manufacturing of PET bottles consumes oil
  which is already a scarce natural resource. Apart
  from this, these bottles take longer to degrade
  and can be harmful if consumed by the animals
  which acts as a major deterrent to the PET
  bottles market.
• Read full report_at_ https//www.imarcgroup.com/PET-
  bottle-manufacturing-plant

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Report Description and Highlights
Report Description
End-Use Insights Based on end-use, packaged
water represents the largest end-use segment of
PET bottles. This can be accredited to the
increasing consumption of bottled water as it
ensures the availability of healthy and safe
quality of water. This segment is followed by
carbonated soft drinks/CSD, food bottles and
jars, non-food bottles and jars, fruit juice and
beer. Regional Insights Region-wise,
Asia-Pacific is the leading market for PET
bottles, holding the majority of the total global
share. This can be attributed to factors such as
rapid population growth, rising disposable
incomes and urbanisation in the region.
Asia-Pacific is followed by North America,
Europe, South America, and Middle East and
Africa.   Request Sample Of The Report
https//www.imarcgroup.com/request?typereportid
583flagB  
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Report Description and Highlights
Report Description

• Competitive Landscape
• The market is highly fragmented with the presence
  of numerous small and large manufacturers. There
  is an intense competition in the market due to
  little product differentiation. Some of the
  leading players operating in the market are
• Amcor
• Tetra Laval
• Crown Holdings
• Ball Corporation
• ALPLA
•  
• Browse more related reports
• Aluminium Cans Market https//www.imarcgroup.com/
  aluminium-cans-manufacturing-plant
• Jute Bag Market https//www.imarcgroup.com/prefea
  sibility-report-jute-bag-manufacturing-plant

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Report Description and Highlights
Report Description

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