PET Packaging Market Research Report - Global Forecast to 2027

PET Packaging Market: by Form (Amorphous PET, Crystalline PET), Pack type (Bottles & jars, Bags & pouches, Trays, Lids/Caps & closures, others), Packaging Type (Rigid, Flexible), End-use industry, and Region - Global Forecast to 2027

ID: MRFR/PNT/1247-HCR | February, 2021 | Region : Global

PET Packaging Market Scenario


PET Packaging market is expected to grow at a CAGR of ~5% during the forecast period, 2018-2023.


PET (polyethylene terephthalate) is a type of polyester, which can be shaped into plastic boxes and plastic jugs for packaging of refreshments and food, personal care items, and several other consumer products. The crucial drivers for the PET packaging market are growing foreign direct investment and rapid industrialization in developing economies. The global plastics industry is witnessing a constant shift of production, from conventional to advanced techniques. The packaging industry is highly application driven, Industries such as pharmaceuticals, food & beverages, and consumer goods use PET packaging in many ways. Moreover, Food and beverages are the dominant industry due to increasing demand for packaged food items from all across the globe. The demand from the healthcare industry is also anticipated to propel the global PET packaging market to a greater extent, after food & beverages.


Key Players


The key players in the global PET packaging market are E. I. Du Pont De Nemours and Company (U.S.), CCL Industries, Inc. (Canada), Amcor Limited (Australia), Resilux NV (Belgium), Smurfit Kappa Group PLC (Ireland), Rexam PLC (U.K.), Gerresheimer AG (Germany), Graham Packaging Company (U.S.), Klöckner Pentaplast GmbH & Co. Kg (Germany), GTX Hanex Plastic Sp. Z O.O. (Poland), Berry Plastics Group Inc. (U.S.), Dunmore Corporation (U.S.), Huhtamäki Oyj (Finland), PET Power B.V. (The Netherlands), and Silgan Holdings (U.S.).


Global PET Packaging market has been segmented based on form, packaging type, pack type and end-use industry, and region. Based on the form, the market is segmented into amorphous PET and crystalline PET. The amorphous PET is anticipated to dominate the PET packaging market till 2023. The high durability, water resistant nature, and high adhesive strength of the amorphous PET are driving the growth of this segment. Based on the packaging type, the market is segmented into rigid packaging and flexible packaging. Flexible packaging offers extraordinary features when compared to rigid packagings, such as a smaller amount of packaging materials required, negligible solid waste, less shipping cost, and requires less storage space. Furthermore, this type of packaging is eco-friendly, which is anticipated to increase the product’s demand. The use of flexible packaging is beneficial to value chain comprising manufacturers, retails, and consumers. For manufacturers, this is useful in moderating energy intake, augmenting features, including shapes and graphics, and altered shelf life that acts as significant drivers for the market evolution.


Based on the pack type, the market is segmented into bottles & jars, bags & pouches, trays, lids/caps & closures, and others. Bottles & jars dominated the product segment in 2016 and are expected to witness a phenomenal growth over the forecast period. Bottles & jars are vastly preferred as they are safe, lightweight, bendable, and most importantly, 100% recyclable. Moreover, PET provides excellent performance in harsh conditions, such as moisture, high temperature, and humidity. PET packaging is favored in the food industry as it preserves the freshness of food items and increases the shelf life. It is highly used in beverages and carbonated-soda drink because of its anti-contaminable property. Based on the end-use industry, the market is segmented into food & beverage, personal care & cosmetics, household products, pharmaceuticals, and others. Food & beverage segment acquired the largest market share in 2016 and is expected to witness the highest CAGR over the forecast period. Additionally, the varying consumer preferences for healthy packaged food is boosting the growth of the PET packaging market in the food & beverage industry.


The global PET packaging market is highly split among numerous international, regional, and local vendors. The competition among manufacturers has recently intensified due to availability and introduction of innovative products in the market. Furthermore, the competition among manufacturers has increased in terms of portfolio and pricing. The global PET packaging market is expected to witness a high number of expansion activities over the forecast period and is closely followed by the launch of new products or new product development.


Market Segmentation


 PET Packaging market


Global PET Packaging Market


The global PET packaging market is majorly fragmented over four dominant regions, which are North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific dominated the global market in 2016 and is anticipated to grow at the highest CAGR over the forecast period, 2017-2023. Growing urbanization, increasing industrialization, low labor cost, high scope for foreign direct investment with economic evolution in major emerging nations, and an excellent hold on the industries, such as food & beverages, pharmaceutical & healthcare, and construction, are playing a vital role for the enhancement of the PET packaging market in this region. Europe and North America held the second and third positions, respectively, with respect to market share in 2016. The dominance of these regions was due to the increasing per capita disposable income, coupled with growing preferences in consumer goods, thus, making a positive way for the development of the PET packaging market in Europe and North America.

Table of content

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model


3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Bargaining power of suppliers

3.1.4 Threat of substitutes

3.1.5 Segment rivalry

3.2 Value Chain/Supply Chain Analysis


4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends


5 Global PET Packaging Market, By Form

5.1 Introduction

5.2 Amorphous PET

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast by Region, 2020-2027

5.3 Crystalline PET

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast by Region, 2020-2027


6 Global PET Packaging Market, By Packaging Type

6.1 Introduction

6.2 Rigid Packaging

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3 Flexible Packaging

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027

7 Global PET Packaging Market, By Pack Type

7.1 Introduction

7.2 Bottles & Jars

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Bags & Pouches

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Trays

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

7.5 Lids/Caps & Closures

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Region, 2020-2027

7.6 Others

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast by Region, 2020-2027

8 Global PET Packaging Market, By End-Use Industry

8.1 Introduction

8.2 Food & Beverage

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Personal Care & Cosmetics

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Households Products

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

8.5 Pharmaceuticals

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

8.6 Others

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast by Region, 2020-2027

9 Global PET Packaging Market, By Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Form, 2020-2027

9.2.3 Market Estimates & Forecast by Packaging Type, 2020-2027

9.2.4 Market Estimates & Forecast by Pack Type, 2020-2027

9.2.4 Market Estimates & Forecast by End-Use Industry, 2020-2027

9.2.5 The U.S.

9.2.5.1 Market Estimates & Forecast, 2020-2027

9.2.5.2 Market Estimates & Forecast by Form, 2020-2027

9.2.5.3 Market Estimates & Forecast by Packaging Type, 2020-2027

9.2.5.4 Market Estimates & Forecast by Pack Type, 2020-2027

9.2.5.4 Market Estimates & Forecast by End-Use Industry, 2020-2027

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, 2020-2027

9.2.6.2 Market Estimates & Forecast by Form, 2020-2027

9.2.6.3 Market Estimates & Forecast by Packaging Type, 2020-2027

9.2.6.4 Market Estimates & Forecast by Pack Type, 2020-2027

9.2.6.4 Market Estimates & Forecast by End-Use Industry, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Form, 2020-2027

9.3.3 Market Estimates & Forecast by Packaging Type, 2020-2027

9.3.4 Market Estimates & Forecast by Pack Type, 2020-2027

9.3.4 Market Estimates & Forecast by End-Use Industry, 2020-2027

9.3.5 U.K.

9.3.5.1 Market Estimates & Forecast, 2020-2027

9.3.5.2 Market Estimates & Forecast by Form, 2020-2027

9.3.5.3 Market Estimates & Forecast by Packaging Type, 2020-2027

9.3.5.4 Market Estimates & Forecast by Pack Type, 2020-2027

9.3.5.4 Market Estimates & Forecast by End-Use Industry, 2020-2027

9.3.6 Germany

9.3.6.1 Market Estimates & Forecast, 2020-2027

9.3.6.2 Market Estimates & Forecast by Form, 2020-2027

9.3.6.3 Market Estimates & Forecast by Packaging Type, 2020-2027

9.3.6.4 Market Estimates & Forecast by Pack Type, 2020-2027

9.3.6.4 Market Estimates & Forecast by End-Use Industry, 2020-2027

9.3.7 France

9.3.7.1 Market Estimates & Forecast, 2020-2027

9.3.7.2 Market Estimates & Forecast by Form, 2020-2027

9.3.7.3 Market Estimates & Forecast by Packaging Type, 2020-2027

9.3.7.4 Market Estimates & Forecast by Pack Type, 2020-2027

9.3.7.4 Market Estimates & Forecast by End-Use Industry, 2020-2027

9.3.8 Italy

9.3.8.1 Market Estimates & Forecast, 2020-2027

9.3.8.2 Market Estimates & Forecast by Form, 2020-2027

9.3.8.3 Market Estimates & Forecast by Packaging Type, 2020-2027

9.3.8.4 Market Estimates & Forecast by Pack Type, 2020-2027

9.3.8.4 Market Estimates & Forecast by End-Use Industry, 2020-2027

9.3.9 Rest of Europe

9.3.9.1 Market Estimates & Forecast, 2020-2027

9.3.9.2 Market Estimates & Forecast by Form, 2020-2027

9.3.9.3 Market Estimates & Forecast by Packaging Type, 2020-2027

9.3.9.4 Market Estimates & Forecast by Pack Type, 2020-2027

9.3.9.4 Market Estimates & Forecast by End-Use Industry, 2020-2027

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Form, 2020-2027

9.4.3 Market Estimates & Forecast by Packaging Type, 2020-2027

9.4.4 Market Estimates & Forecast by Pack Type, 2020-2027

9.4.4 Market Estimates & Forecast by End-Use Industry, 2020-2027

9.4.5 China

9.4.5.1 Market Estimates & Forecast, 2020-2027

9.4.5.2 Market Estimates & Forecast by Form, 2020-2027

9.4.5.3 Market Estimates & Forecast by Packaging Type, 2020-2027

9.4.5.4 Market Estimates & Forecast by Pack Type, 2020-2027

9.4.5.4 Market Estimates & Forecast by End-Use Industry, 2020-2027

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2020-2027

9.4.6.2 Market Estimates & Forecast by Form, 2020-2027

9.4.6.3 Market Estimates & Forecast by Packaging Type, 2020-2027

9.4.6.4 Market Estimates & Forecast by Pack Type, 2020-2027

9.4.6.4 Market Estimates & Forecast by End-Use Industry, 2020-2027

9.4.7 India

9.4.7.1 Market Estimates & Forecast, 2020-2027

9.4.7.2 Market Estimates & Forecast by Form, 2020-2027

9.4.7.3 Market Estimates & Forecast by Packaging Type, 2020-2027

9.4.7.4 Market Estimates & Forecast by Pack Type, 2020-2027

9.4.7.4 Market Estimates & Forecast by End-Use Industry, 2020-2027

9.4.8 Rest of Asia Pacific

9.4.8.1 Market Estimates & Forecast, 2020-2027

9.4.8.2 Market Estimates & Forecast by Form, 2020-2027

9.4.8.3 Market Estimates & Forecast by Packaging Type, 2020-2027

9.4.8.4 Market Estimates & Forecast by Pack Type, 2020-2027

9.4.8.4 Market Estimates & Forecast by End-Use Industry, 2020-2027

9.5 Rest of the World

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Form, 2020-2027

9.5.3 Market Estimates & Forecast by Packaging Type, 2020-2027

9.5.4 Market Estimates & Forecast by Pack Type, 2020-2027

9.5.4 Market Estimates & Forecast by End-Use Industry, 2020-2027

10 Competitive Landscape


11 Company Profile

11.1 E. I. Du Pont De Nemours and Company

11.1.1 Company Overview

11.1.2 Product/Services Offering

11.1.3 Financial Overview

11.1.4 Key Developments

11.1.5 Strategy

11.1.6 SWOT Analysis

11.2 CCL Industries, Inc.

11.2.1 Company Overview

11.2.2 Product /Services Offering

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 Strategy

11.2.6 SWOT Analysis

11.3 Amcor Limited

11.3.1 Company Overview

11.3.2 Product /Services Offering

11.3.3 Financial Overview

11.3.4 Key Developments

11.3.5 Strategy

11.3.6 SWOT Analysis

11.4 Resilux NV

11.4.1 Company Overview

11.4.2 Product /Services Offering

11.4.3 Financial Overview

11.4.4 Key Developments

11.4.5 Strategy

11.4.6 SWOT Analysis

11.5 Smurfit Kappa Group PLC

11.5.1 Company Overview

11.5.2 Product /Services Offering

11.5.3 Financial Overview

11.5.4 Key Developments

11.5.5 Strategy

11.5.6 SWOT Analysis

11.6 Rexam PLC

11.6.1 Company Overview

11.6.2 Product /Services Offering

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 Strategy

11.6.6 SWOT Analysis

11.7 Gerresheimer AG

11.7.1 Company Overview

11.7.2 Product /Services Offering

11.7.3 Financial Overview

11.7.4 Key Developments

11.7.5 Strategy

11.7.6 SWOT Analysis

11.8 Graham Packaging Company

11.8.1 Company Overview

11.8.2 Product /Services Offering

11.8.3 Financial Overview

11.8.4 Key Developments

11.8.5 Strategy

11.8.6 SWOT Analysis

11.9 Klöckner Pentaplast GmbH & Co. Kg

11.9.1 Company Overview

11.9.2 Product /Services Offering

11.9.3 Financial Overview

11.9.4 Key Developments

11.9.5 Strategy

11.9.6 SWOT Analysis

11.10 GTX Hanex Plastic Sp. Z O.O.

11.10.1 Company Overview

11.10.2 Product /Services Offering

11.10.3 Financial Overview

11.10.4 Key Developments

11.10.5 Strategy

11.11 Berry Plastics Group Inc.

11.11.1 Company Overview

11.11.2 Product /Services Offering

11.11.3 Financial Overview

11.11.4 Key Developments

11.11.5 Strategy

11.11.6 SWOT Analysis

11.12 Dunmore Corporation

11.12.1 Company Overview

11.12.2 Product /Services Offering

11.12.3 Financial Overview

11.12.4 Key Developments

11.12.5 Strategy

11.12.6 SWOT Analysis

11.13 Huhtamäki Oyj

11.13.1 Company Overview

11.13.2 Product /Services Offering

11.13.3 Financial Overview

11.13.4 Key Developments

11.13.5 Strategy

11.13.6 SWOT Analysis

11.14 PET Power B.V.

11.14.1 Company Overview

11.14.2 Product /Services Offering

11.14.3 Financial Overview

11.14.4 Key Developments

11.14.5 Strategy

11.15 Silgan Holdings

11.15.1 Company Overview

11.15.2 Product /Services Offering

11.15.3 Financial Overview

11.15.4 Key Developments

11.15.5 Strategy

11.15.6 SWOT Analysis 

List of Tables

Table 1 Global PET Packaging Market: By Region, 2020-2027

Table 2 North America PET Packaging Market: By Country, 2020-2027

Table 3 Europe PET Packaging Market: By Country, 2020-2027

Table 4 Asia-Pacific PET Packaging Market: By Country, 2020-2027

Table 5 RoW PET Packaging Market: By Country, 2020-2027

Table 6 Global PET Packaging Market, by Form, By Regions, 2020-2027

Table 7 North America PET Packaging Market, by Form, By Country, 2020-2027

Table 8 Europe PET Packaging Market, by Resin type, By Country, 2020-2027

Table 9 Asia-Pacific PET Packaging Market by Form, By Country, 2020-2027

Table 10 RoW PET Packaging Market by Form, By Country, 2020-2027

Table 11 Global PET Packaging Market by Packaging Type Market: By Regions, 2020-2027

Table 12 North America PET Packaging Market by Packaging Type: By Country, 2020-2027

Table 13 Europe PET Packaging Market by Packaging Type: By Country, 2020-2027

Table 14 Asia Pacific PET Packaging Market by Packaging Type: By Country, 2020-2027

Table 15 RoW PET Packaging Market by Packaging Type: By Country, 2020-2027

Table 16 Global PET Packaging Market, by Pack Type, By Regions, 2020-2027

Table 17 North America PET Packaging Market, by Pack Type, By Country, 2020-2027

Table 18 Europe PET Packaging Market, by Pack Type, By Country, 2020-2027

Table 19 Asia Pacific PET Packaging Market, by Pack Type, By Country, 2020-2027

Table 20 RoW PET Packaging Market, by Pack Type, By Country, 2020-2027

Table 21 Global PET Packaging Market: By Region, 2020-2027

Table 22 Global PET Packaging Market: By Region, 2020-2027

Table 23 Global PET Packaging Market: By Region, 2020-2027

Table 24 North America PET Packaging Market, By Country

Table 25 North America PET Packaging Market, by Form

Table 26 North America PET Packaging Market, by Packaging Type

Table 27 North America PET Packaging Market, By Pack Type

Table 28 North America PET Packaging Market, By End-Use Industry

Table 29 Europe: PET Packaging Market, By Country

Table 30 Europe: PET Packaging Market, by Form

Table 31 Europe: PET Packaging Market, by Packaging Type

Table 32 Europe: PET Packaging Market, By Pack Type

Table 33 Europe: PET Packaging Market, By End-Use Industry

Table 34 Asia-Pacific: PET Packaging Market, By Country

Table 35 Asia-Pacific: PET Packaging Market, by Form

Table 36 Asia-Pacific: PET Packaging Market, by Packaging Type

Table 37 Asia-Pacific: PET Packaging Market, By Pack Type

Table 38 Asia-Pacific: PET Packaging Market, By End-Use Industry

Table 39 RoW: PET Packaging Market, By Region

Table 40 RoW PET Packaging Market, by Form

Table 41 RoW PET Packaging Market, by Packaging Type

Table 42 RoW PET Packaging Market, By Pack Type

Table 43 RoW PET Packaging Market, By End-Use Industry



List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL PET Packaging Market Share, BY FORM, 2020 (%)

FIGURE 9 GLOBAL PET Packaging Market, BY FORM, 2020-2027 (USD MILLION)

FIGURE 10 GLOBAL PET Packaging Market Share, BY PACK TYPE, 2020 (%)

FIGURE 11 GLOBAL PET Packaging Market, BY PACK TYPE, 2020-2027 (USD MILLION)

FIGURE 12 GLOBAL PET Packaging Market SHARE (%), BY REGION, 2020

FIGURE 13 GLOBAL PET Packaging Market, BY REGION, 2020-2027 (USD MILLION)

FIGURE 14 NORTH AMERICA PET Packaging Market Share (%), 2020

FIGURE 15 NORTH AMERICA PET Packaging MarketBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 16 EUROPE PET Packaging Market Share (%), 2020

FIGURE 17 EUROPE PET Packaging MarketBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 18 ASIA-PACIFIC PET Packaging Market Share (%), 2020

FIGURE 19 ASIA-PACIFIC PET Packaging MarketBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 20 REST OF THE WORLD PET Packaging Market Share (%), 2020

FIGURE 21 REST OF THE WORLD PET Packaging Market BY COUNTRY, 2020-2027 (USD MILLION)

PET Packaging Market