Acknowledging the kind of traction gained by this market, recently published a study report asserts the The global Internet of Things (IoT) Operating Systems market was valued at 374.91 Million USD in 2020 and will grow with a CAGR of 4.60% from 2022 to 2027.
PE Bottles Market Overview
The global PET bottle market reached a value of US$ 39.7 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 52 Billion by 2027, showing a CAGR of 4.60% during 2022-2027. Custody in mind the doubts of COVID-19, they are unceasingly tracking and assessing the direct as well as the indirect influence of the epidemic on diverse end use industries. These insights are included in the report as a major market contributor,Polyethylene terephthalate (PET) refers to a thermoplastic polymer resin of the polyester family which is widely used for industrial plastic bottles. In difference with PP, HDPE and PVC bottles, PET bottles are more tough, clear, trivial, non-reactive, lucrative and thermally stable. Also, they are environment-friendly and can be used repeatedly which further reduces their manufacturing cost. Primarily used in the wrapping of drinking water and beverages, PET bottles are also gaining fame as a packaging solution for salad dressings, household cleaners, tablets, dish detergents and rinses
Plastic bottling applications are being expanded thanks to the development of polyethylene terephthalate (PET) and high-density polyethylene (HDPE) polymers. PET bottles are becoming increasingly popular in the bottled and soft water industries. Plastic as a product is widely recognised, and a wide range of creative, cost-effective, and ecological packaging options are emerging in the market. As a result, top companies such as Amcor have introduced new plastic product shapes to meet the need for bottles.
Who are the Major Players in PE Bottles Market?
The PE Bottles Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes -Berry Plastics Group Inc., GTX Hanex Plastic Sp. Z O.O., Gerresheimer AG, Graham Packaging Company, RPC Group, Rexam PLC, Silgan Holdings, WestRock, Exo Packaging, Alpha Group, and Crown Holdings.
Industry News:
May 12, 2022: Berry Global Commits to Reducing Scope 3 Emissions by 25% by 2025
Surpassing its initial goal of an 8% reduction in Scope 3 greenhouse gas (GHG) emissions four years ahead of schedule, Berry Global Group, Inc. (NYSE:BERY) commits to reducing its absolute Scope 3 GHG emissions 25% by 2025 (from the same 2019 baseline).
March 4, 2022: Silgan Announces Authorization For Stock Repurchases
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging for consumer goods products, announced that its Board of Directors has authorized the Company to repurchase up to an aggregate of $300 million of its common stock through December 31, 2026.
What are the major Applications, Types and Regions for PE Bottles Market?
By Type, it is segmented into
By Applications it is segmented into
- Food & Beverage
- Daily Chemical
- Medical
- Others
PE Bottles Market Regional Analysis
North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. Asia-Pacific presently signifies the largest market, secretarial for 33% of the total global sales of PET bottles in 2022. Asia-Pacific is tracked by North America and Europe. Moreover, the report has analysed the global PET flasks market on the basis of end-use. Packed water signifies the major end-use market for PET bottles office for more than 37% of their total global ingesting.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The PE Bottles Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global PE Bottles Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our PE Bottles Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2028 CAGR
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CAGR of 4.60% during the review period (2022 to 2027).
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By Type
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By Application
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- Food & Beverage
- Daily Chemical
- Medical
- Others
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By Companies
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Berry Plastics Group Inc., GTX Hanex Plastic Sp. Z O.O., Gerresheimer AG, Graham Packaging Company, RPC Group, Rexam PLC, Silgan Holdings, WestRock, Exo Packaging |
Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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138
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this PE Bottles Report
- Evaluate PE Bottles market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the PE Bottles market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Question -
What will the global PET bottles market size be in 2027?
The global PET bottles market is expected to surpass US$ 781.90 Bn by 2027 and exhibit a CAGR of 4.60% between 2022 and 2027.
What are the key factors driving the global PET bottle market?
The growing availability of PET bottles in numerous sizes, shapes, colors, and designs to improve their appearance and utility, is primarily driving the global PET bottle market.
What are the key regions in the global PET bottle market?
The market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific dominates the global market.
Which are the Prime players operating in the market?
Berry Plastics Group Inc., GTX Hanex Plastic Sp. Z O.O., Gerresheimer AG, Graham Packaging Company, RPC Group, Rexam PLC, Silgan Holdings, WestRock, Exo Packaging, Alpha Group, and Crown Holdings.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.