LONDON–(BUSINESS WIRE)–#PETPackaging–Technavio has been monitoring the PET packaging market and it is poised to grow by USD 12.07 billion during 2019-2023, progressing at a CAGR of 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Increasing adoption of PET packaging bottles in the alcoholic beverage industry has been instrumental in driving the growth of the market. However, volatility in raw material prices might hamper market growth. Request a free sample report
PET Packaging Market 2019-2023: Segmentation
PET Packaging Market is segmented as below:
- Beverages industry
- Household goods sector
- Food industry
- Pharmaceutical industry
- North America
- South America
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30710
PET Packaging Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our PET packaging market report covers the following areas:
- PET Packaging Market Size
- PET Packaging Market Trends
- PET Packaging Market Industry Analysis
This study identifies growing popularity of lightweight packaging as one of the prime reasons driving the PET packaging market growth during the next few years.
PET Packaging Market 2019-2023: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the PET packaging market, including some of the vendors such as Amcor, Gerresheimer, RPC Group, Silgan Holdings and Tetra Laval International. Backed with competitive intelligence and benchmarking, our research reports on the PET packaging market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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PET Packaging Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist PET packaging market growth during the next five years
- Estimation of the PET packaging market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the PET packaging market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of PET packaging market vendors
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