Market Synopsis of PET packaging
PET packaging market is increasing rapidly due to changing consumer preferences in the food, beverages and healthcare industry. Manufacturers as well as consumers prefer PET packaging due to its excellent characteristic performance in humidity, moisture and temperature. Globally, the market for PET packaging is expected to grow (2016-2027).
The market for Global PET packaging is segmented in mainly 3 parts i.e. by type, by end-user industry, and by product.
- The segmentation by type includesAmorphous PET and Crystalline PET.
- On the basis of end-user industry into food, beverages, pharmaceuticals, cosmetics, household goods, and others.
- Product segmentation of the market includes segments -bags, bottles, closures, trays, cups, and others.
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The key players that are involved in Global PET Packaging Market are
- CCL Industries, Inc. (Canada),
- Amcor Limited (Australia),
- Rexam PLC (U.K.),
- Smurfit Kappa Group PLC (Ireland),
- Gerresheimer AG (Germany),
- KlöcknerPentaplast GmbH & Co. KG (Germany),
- Graham Packaging (U.S.).
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Study Objectives of PET packaging
- To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the Global PET Packaging Market
- To provide insights about factors affecting the market growth
- To Analyze the PET Packaging Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries – North America, Europe, Asia–Pacific, and Rest of the World (ROW)
Regional Analysis of PET packaging
Asia-Pacific dominates the Global PET packaging Market with the largest market share, and is expected to grow by 2027. Europe and U.S is expected to grow in 2016 to become the largest market for PET packaging and expected to grow by 2027.
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