Recycled PET (r-PET) Bottles Market to Set Phenomenal Growth by 2027 - PowerPoint PPT Presentation

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Recycled PET (r-PET) Bottles Market to Set Phenomenal Growth by 2027

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Title: Recycled PET (r-PET) Bottles Market to Set Phenomenal Growth by 2027


1
Recycled PET (r-PET) Bottles Market
  • Global Industry Analysis, Size, Share, Growth,
    Trends and Forecast, 2027

2
About Us
  • Transparency Market Research (TMR) is a market
    intelligence company, providing North America
    business information reports and services. Our
    exclusive blend of quantitative forecasting and
    trends analysis provides forward-looking insight
    for thousands of decision-makers. We have an
    experienced team of Analysts, Researchers, and
    Consultants, who use proprietary data sources and
    various tools and techniques to gather and
    analyze information. Our business offerings
    represent the latest and the most reliable informa
    tion indispensable for businesses to sustain a
    competitive edge.
  • Each TMR Syndicated Research report covers a
    different sectorsuch as pharmaceuticals,
    chemical, energy, food beverages,
    semiconductors, med-devices, consumer goods, and
    technology. These reports provide in-depth
    analysis and deep segmentation to possible micro
    levels. With a wider scope and stratified
    research methodology, our syndicated reports
    strive to serve clients and satisfy their overall
    research requirement.

3
Recycled PET (r-PET) Bottles Market Key
Highlights
  • The global recycled PET (r-PET) bottles
    market was valued at  US 2 Bn in 2018, and is
    anticipated to expand at a CAGR of  8 from 2019
    to 2027.
  • The global r-PET bottles market is driven by the
    rise in the demand for recycled PET bottles in
    the packaging industry.
  • In terms of value, the market in Asia Pacific is
    expected to expand at a CAGR of  9 during the
    forecast period. China is a major producer of
    r-PET bottles in Asia Pacific.

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4
Major Drivers of the Recycled PET (r-PET) Bottles
Market
  • The demand for recycled PET bottles has been
    increasing due to the implementation of stringent
    regulations on the usage of plastic products.
  • The recycled PET bottles market is also driven by
    the rise in the consumption of packaged drinking
    water across the globe.
  • The demand for packaged drinking water has been
    increasing, owing to the rise in the inclination
    of people toward clean and safe drinking water.

5
High Demand for r-PET Bottles for Food Grade
  • In terms of grade, the food segment is expected
    to account for a prominent share of the global
    recycled PET bottles market during the forecast
    period.
  • Recycled PET bottles are primarily used in the
    packaging of food and beverages. These comprise
    bottles for water, juice, and dairy products.
  • The non-food segment holds a low share of the
    global r-PET bottles market.
  • Non-food grade recycled PET bottles include
    bottles that are used for the packaging of
    household cleaning liquids, dishwashing liquids,
    and cosmetics.

6
Competition Landscape of Recycled PET (r-PET)
Bottles Market
  • ALPLA Werke Alwin Lehner GmbH Co KG
  • Indorama Ventures Public Company Limited
  • Phoenix Technologies International, LLC. 

7
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