Global PET Packaging Market 2020-2024
Technavio has been monitoring the pet packaging market and it is poised to grow by $ 12.13 bn during 2020-2024 progressing at a CAGR of 5% during the forecast period. Our reports on pet packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising consumption of bottled water and growth in the organized retail segment. In addition, rising consumption of bottled water is anticipated to boost the growth of the market as well.
The pet packaging market analysis includes end-user segment and geographic landscapes
Technavio's pet packaging market is segmented as below:
- Household goods
By Geographic Landscapes
- North America
- South America
This study identifies the increasing adoption of PET packaging bottles in the alcoholic beverage industry as one of the prime reasons driving the pet packaging market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our pet packaging market covers the following areas:
- Pet packaging market sizing
- Pet packaging market forecast
- Pet packaging market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pet packaging market vendors that include Amcor Plc, Berry Global Group Inc., Constantia Flexibles Group GmbH, Gerresheimer AG, INOAC Corp., KP Holding GmbH & Co. KG, LANINVER SHC SL, Plastipak Holdings Inc., Silgan Holdings Inc., and Tetra Laval International SA. Also, the pet packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.