PET Preforms Market
High Demand for packaged beverages to Drive PET Preforms Market
The Innovation at the design level of PET preforms to drive the PET Preforms Market
The PET preforms market is highly competitive, with numerous players operating at regional and global levels. The market is dominated by several major players, including Taiwan Hon Chuan Enterprises Co., Ltd., Resilux NV, RETAL Industries Ltd., Plastipak Holdings, Inc., and Husky Injection Molding Systems Ltd. among others.
PET Preforms Market size reached USD 23.12 Bn in 2022 and is expected to reach USD 33.41 Bn by 2029, growing at a CAGR of 5.4 % during the forecast period.
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PET Preforms Market Overview
The PET Preforms Market report includes current trends and market highlights, assisting clients in exploring lucrative opportunities in the market. During the forecast period, the report covers market size with estimations and growth rates. To understand PET Preforms market penetration, competitive structure, pricing, and demand analysis, regional market analysis is carried out at the local, regional, and global levels.
Data is collected using primary and secondary collection methods with qualitative and quantitative approaches. Primary data include surveys, questionnaires and telephonic interviews with market experts, market leaders and business owners. Secondary data was taken from press releases, annual reports, financial reports, government organizations’ sites and white papers. The bottom-up approach was used for PET Preforms market estimation. For a competitive landscape of the PET Preforms Market, Key players are collected based on various parameters that involve the products and services offered, revenue generated, technological advancements adopted and mergers and acquisitions. Research tools such as SWOT, PESTLE and Porter’s Five forces were used for the PET Preforms Market analysis for the Micro and macro factors affecting the PET Preforms Market presented.
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PET Preforms Market Segmentation :
Based on the Type, the Standard PCO segment held the largest revenue share of 8.4 % in 2022 and is expected to grow during the forecast period. The Standard PCO segment is commonly used for packaging carbonated soft drinks, including cola, lemon-lime, and other carbonated beverages. The PCO neck finish provides a secure closure and sealing system to maintain carbonation and prevent gas escape. The demand for the Standard PCO preforms segment is closely tied to the consumption of carbonated beverages and the growth of the beverage industry.
Based on the Application, the Carbonated Soft Drinks segment is expected to grow during the forecast period. The Carbonated Soft Drinks industry heavily relies on PET preforms for packaging various types of beverages. They shifting away from traditional packaging materials such as glass and metal to PET bottles due to their numerous advantages.
1. PET Preforms Market, by Type (2022-2029)
1. ROPP
2. Standard PCO
3. Alaska
4. CTC Preforms
5. Others
2. PET Preforms Market, by Neck Size (2022-2029)
1. 25 Mm
2. 28 Mm
3. 29 Mm
4. 30 Mm
5. Others
3. PET Preforms Market, by Application (2022-2029)
1. Carbonated Soft Drinks
2. Water
3. Food
4. Non Carbonated Drinks
5. Cosmetics and Chemical
6. Others
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PET Preforms Market Key Players :
• Retal Industries Ltd. (Cyprus)
• Plastipak Holdings, Inc. (US)
• RESILUX NV (Belgium)
• Husky Injection Molding Systems Ltd. (Canada)
• Ningbo Huasheng Plastic Machinery Co., Ltd. (China)
• Chemco Group of Companies (India)
• ALPLA Werke Alwin Lehner GmbH & Co KG (Austria)
• Zhuhai Zhongfu Enterprise Co. Limited (China)
• Societe Generale des Techniques (France)
• Indorama Ventures Public Company Limited (Thailand)
• KOKSAN Pet Packaging Industry Co. (Turkey)
• Zijiang Enterprise Group Co., Ltd. (China)
• Taiwan Hon Chuan Enterprise Co., Ltd (Taiwan)
• Rawasy Al Khaleej Plastic Ind. (UAE).
Key questions answered in the PET Preforms Market are:
What is PET Preforms ?
What was the PET Preforms market size in 2023?
What is the growth rate of the PET Preforms Market?
Which are the factors expected to drive the PET Preforms market growth?
What are the different segments of the PET Preforms Market?
What growth strategies are the players considering to increase their presence in PET Preforms ?
What are the upcoming industry applications and trends for the PET Preforms Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the PET Preforms Market?
What is the demand pattern of the PET Preforms Market?
What major challenges could the PET Preforms Market face in the future?
What segments are covered in the PET Preforms Market?
Who are the leading companies and what are their portfolios in PET Preforms Market?
What segments are covered in the PET Preforms Market?
Who are the key players in the PET Preforms market?
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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