PET Packaging Market 2019-2023 | Increasing Adoption of PET Packaging Bottles in the Alcoholic Beverage Industry to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)-- 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.

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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:

End-user

  • Beverages industry
  • Household goods sector
  • Food industry
  • Pharmaceutical industry

Geographic segmentation

  • North America
  • APAC
  • Europe
  • South America
  • MEA

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

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Source: Technavio Research

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