Market research future published a half cooked research report on Global PET Packaging Market that contains the information from 2014 to 2023. Global PET Packaging market is expected to grow with the CAGR of approximately 5% from 2016 to 2023.

Taste the market data and market information presented through more than 85 market data tables and figures spread in 129 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global PET Packaging Market Information from 2014 to 2023"

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PET Packaging is widely used across industries such as food & beverages, pharmaceuticals, personal care consumer goods among others. The demand for convenient, firm and durable packaging in food & beverage has been the key driver in the growth of the market. Consumers due to changing lifestyles are dependent on the packaged food & beverage items. This shifting demand for convenience items has augmented the demand for PET packaging that keeps the product safe and sealed.

The global plastics industry is observing a continuous shift of production. Asia has become the largest and the fastest growing market for plastics in the world. The share of plastic packaging is attributed to its durability and light-weight. Consumers demand such packaging that is easy to carry and handle, but at the same time with enough firmness to as to hold the product in place. After the economic liberalization the growth in the plastic industry was boosted in India. . On the basis of region, Asia Pacific region accounts for the fastest growing market, followed by North America and Europe.

APAC will be the fastest growing market

PET packaging in APAC is growing due to increased consumption of packaging materials from food & beverage industry as there is an increased dependency on packaged and processed food and beverage items. Furthermore the various government initiatives to bring healthcare reforms have further fueled the demand of such packaging in the healthcare industries.

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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.).

This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global PET packaging market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

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