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:

Key Offerings:

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