Global PET Packaging Market 2019-2023, has been willing dependent on an inside and outside market investigation, Market gives the Current industry data and future Industry incline it helps to specify the product and focuses on the end user’s revenue growth and profitability. The report also includes a discussion of the key merchants operating in this market.
Top Key Vendors: Amcor, Gerresheimer, RPC Group, Silgan Holdings, Tetra Laval International
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About PET Packaging Market
Rising popularity of lightweight packaging to emerge as major trend in the market. Increase in R&D activities, to develop new lightweight packaging to reduce wastage and enhance end-user usability, is gaining momentum. Lightweight packaging is both cost-effective and recyclable in nature. For instance, glass packaging solution is heavy. It is cumbersome to transport products packed in glasses. This packaging solution also increases the cost of production and bottling. Therefore, goods manufacturers are moving toward the adoption of lightweight plastic packaging.
Industry Research analysts have predicted that the PET packaging market will register a CAGR of close to 4% by 2023.
Geographical Segmentation of PET Packaging Market:
- North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
PET Packaging Market in 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market countryside and its growth prospects over the coming years.
Growth in the organized retail segment
Organized retail refers to the chain of retail stores that are either entirely owned or franchised and managed by a single large corporate entity. The leading company, which controls all the connected retail stores, is responsible for the supply chain, and product and inventory management. The organized retail sector holds a dominant share of the overall retail sales in countries such as the US, the UK, and Canada.
Volatility in raw material costs
All plastics and plastic-derivative materials and products, including PET packaging, are produced from refined petroleum hydrocarbons. A large share of the overall production cost of PET packaging is attributed to the petroleum-based raw materials, which are refined from crude oil. Sometimes PET packaging may also contain other resins and binders to grant it specific material properties. The volatility in the market price of these raw materials is a major challenge for most of the vendors of the global PET packaging market.
For the detailed list of factors that will drive and challenge the growth of the PET packaging market during the 2019-2023, view our report.
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Reasons to Buy
- Identify and estimate market opportunities using our standardized valuation and forecasting methodologies
- Measure market growth potential at a micro-level via review data and forecasts at category and country level
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- Evaluate business risks, including cost, and competitive pressures
- The product range of the PET Packaging market is considered on the basis of their production chain,
Detailed TOC of Global PET Packaging Market 2019-2023
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: PET Packaging MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: PET Packaging MARKET SIZING
- Market definition
- Market sizing 2019
- Market size and forecast 2019-2023
PART 06: PET Packaging MARKET FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: PET Packaging MARKET SEGMENTATION BY PRODUCT
- Segmentation by product
- Comparison by product
- Biological – Market size and forecast 2019-2023
- Synthesized – Market size and forecast 2019-2023
- Market opportunity by product
PART 08: PET Packaging CUSTOMER LANDSCAPE
PART 09: PET Packaging MARKET REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- EMEA – Market size and forecast 2019-2023
- APAC – Market size and forecast 2019-2023
- Americas – Market size and forecast 2019-2023
- Key leading countries
- Market opportunity
PART 10: PET Packaging MARKET SEGMENTATION BY MODE OF APPLICATION
- Segmentation by application
PART 11: DECISION FRAMEWORK
PART 12: PET Packaging DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 13: PET Packaging MARKET TRENDS
- Growing prevalence of PET Packaging Market
- New product launches
- Strategic alliances by vendors to improve competitive positioning
PART 14: PET Packaging VENDOR LANDSCAPE
- Landscape disruption
PART 15: PET Packaging VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
PART 16: APPENDIX
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