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Global Polyethylene Terephthalate (PET) Market Outlook:
Industry Insights & Opportunity Evaluation,
2015-2021
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Global Polyethylene Terephthalate (PET) Market
Overview
Polyethylene Terephthalate (PET) is a polymer material
and a very common category of plastic used in the
packaging industry.
Global Polyethylene Terephthalate (PET) packaging
market was valued at USD 50.5 Billion (amounted to
around 17.2 million tones) in 2015 and projected to reach
USD 21.2 Million tones making it worth USD 63.4 Billion
by 2021, expanding at a compound annual growth rate
(CAGR) of 5.15% over the forecast period i.e. 2015-2021.
Market Segmentation
By Product Type
On the basis of by product type, global polyethylene
Terephthalate (PET) packaging market is segmented as
follows:
Cups
Bottles
Vials
Jars
Tubs
Other
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By Industry
By industry end-use, global polyethylene Terephthalate
(PET) packaging market can be divided into:
Food & Beverages
Healthcare And Medical
Cosmetics
FMCG Industries
By Region
Depending upon the demand by region, global
polyethylene Terephthalate (PET) packaging market is
segmented are as follows:
North America
Latin America
Western And Eastern Europe
Asia-Pacific
Row (Rest Of World)
Growth Drivers and challenges
Technology advancement, rapid growth in consumer
packaged goods industry and expanded demand from
beverages are expected to be the major drivers of the
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global polyethylene Terephthalate (PET) packaging market
in the upcoming years.
In addition to this, easy to handle/convenience, un-
breakable capability, and light for on-the-go use would be
the growth driver of the polyethylene Terephthalate (PET)
packaging market in the near future.
However, difficulties with supply of raw material,
environmental issues while recycling, proper disposal
techniques missing in developing countries and some
concerns related to the quality of supply are projected to
restrain the PET industry in the upcoming years.
In addition to this, sustainability concern regarding PET
packaging is the major setback faced by the polyethylene
Terephthalate (PET) packaging market.
Market Size and Forecast
During 2009 to 2013, Asia-Pacific accounted for the major
share in the gobal market for PET packaging when
compared to other regions such as North America and
Western Europe. With 31.3% share, Asia-Pacific
dominated the global PET packaging market followed by
North America with 23.1% and Western Europe with
19.6% in 2014.
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Source: Research Nester
On the back of factors like, rising population, increase in
urban cities across Asian countries and rising personal
disposable income, Asia-pacific PET packaging market is
envisioned to grow at a healthy rate in near future.
Key Players
Key player operating in the global polyethylene
Terephthalate (PET) packaging market are as follows:
Amcor
Gepack
Gerresheimer
Graham Packaging
PET Power
31.3%
23.1%
19.6%
GLobal PET Packaging Market Share-By Region , 2014
Asia Pacific North America Western Europe
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Scope and Context
Overview of the Parent Market
Analyst View
Market Size and Growth
North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Western and Eastern Europe (Germany, Italy, Spain,
France, U.K, Benelux, Hungary, Rest Of Western
Europe, Russia Poland, Rest of Eastern Europe)
Asia-Pacific (China, India, Singapore, Japan, Australia
& New Zealand & Rest of Asia)
Middle East and North Africa (MENA)
Rest of World
Segmentation
By Product Type
By Industry
By Region
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
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Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in
current dynamic environment
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polyethylene-terephthalate-pet-market-analysis-
opportunity-outlook-2021/131
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