PET Material Packaging Market Revenue was valued at USD 23.5 Billion in 2024 and is estimated to reach USD 35.1 Billion by 2033, growing at a CAGR of 5% from 2026 to 2033.
In 2023, the global PET packaging market was valued at approximately USD 41.03 billion and is projected to grow to USD 66.28 billion by 2032, reflecting a compound annual growth rate (CAGR) of 5.76%. Regionally, Europe held a significant market share of 30.32% in 2023. In the United States, the PET packaging market is expected to reach an estimated value of USD 12.18 billion by 2032, driven by the rising demand for PET containers in the food and beverage industry. In the Asia Pacific region, the PET packaging market reached a size of USD 31.5 billion in 2023 and is anticipated to grow to USD 48.5 billion by 2032, exhibiting a CAGR of 4.8%. This growth is attributed to increasing demand for on the go food consumption and single serve products. Specifically, in India, the PET packaging market was valued at USD 1.4 billion in 2022 and is expected to reach USD 2.10 billion by 2032, with a CAGR of 4.3%. The expansion is driven by the surging sales of ready to eat foods and the growing popularity of carbonated beverages among the young population.
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Amcor
Gerresheimer
PET Power
Silgan
Tetra Laval
Alpha Group
Plastipak
CKS Packaging
Exopackaging
Greiner Packaging
Amcor
INOAC
Kaufman Container
Kian Joo Group
Parker Plastics
Parkway Plastics
RESILUX
Savola Plastic
Sidel International
SKS Bottle & Packaging
Snapware
Southeastern Container
Sunrise Containers
Temkin Plastics
Ultrapak
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global PET Material Packaging Market
Bottles
Containers
Films
Trays
Other Packaging Forms
Food and Beverage
Cosmetics and Personal Care
Pharmaceuticals
Household Care
Industrial Use
Food Industry
Beverage Industry
Healthcare Sector
Beauty and Cosmetics
Consumer Goods
Rigid Packaging
Flexible Packaging
Semi-Rigid Packaging
Recyclable PET
Non-recyclable PET
Biodegradable PET
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global PET Material Packaging Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global PET Material Packaging Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global PET Material Packaging Market, By Type
6. Global PET Material Packaging Market, By Application
7. Global PET Material Packaging Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global PET Material Packaging Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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