The PET Preforms market was estimated at around 14.2 billion in 2021, growing at a CAGR of nearly 4% during 2022-2030. The market is projected to reach approximately USD 20.8 billion by 2030.
Owing to the rising popularity of packaged beverages, more PET preforms are used. Food and beverage packaging, pharmaceutical packaging, home care packaging, personal care packaging, and packaging for household goods (edible oil, cleaning agents, and other goods.) all use PET preform. Due to the current climate, people are becoming more environmentally friendly and choose recyclable water bottles. Packaging manufacturers have revised their recycling capacities in response to the increased demand for highly sustainable and recyclable packaging solutions, particularly in the food industry. In general, PET preforms manufacturers have plenty of opportunities to increase their market share through the development of new products, upgrading recycling facilities, expanding their businesses and others.
To meet customer demand, several well-known industries, including food and beverage, personal care, pharmaceuticals, and home care, are producing enormous demand for PET preforms. The beverage industry anticipates using PET preforms extensively. The expansion of the ready-to-drink sector is advantageous for the worldwide PET preforms market. Single-serve RTD beverages are quite popular in wealthy countries, and they are also growing more popular in developing nations. Such products are projected to help market expansion and accelerate growth due to evolving lifestyles and the rising popularity of ready-to-drink (RTD) beverages.
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Due to insufficient raw supplies, a reduction in demand and supply, and other factors during the COVID-19 pandemic, several sectors saw significant decline and losses. However, during the pandemic emergency, the market for packaging items unexpectedly experienced growth. This growth is related to an increase in snack and beverage consumption, as well as an increase in the number of frozen food products, chips, and chocolates consumed during lockdowns. People's shopping habits altered as a result of the total lockdown, and they began purchasing packaged food items in large quantities to stockpile kitchen supplies. This in turn inspired businesses and industrial facilities to speed up their production line and maintain the supply and demand chain for packaged foods.
Increasing Demand from the Personal Care & Cosmetics Sector:
The higher shelf lives and range of packaging options that these materials offer have fueled demand for PET Preforms in the personal care and cosmetics industries. The growth of the PET Preforms market has been positively driven by increased consumer demand for PET preforms in the cosmetic and personal care sectors. This is brought on by both increased consumer demand and rising cosmetic sales for enterprises.
Increasing Demand from the Pharmaceutical and Medical Sector:
Given that ethylene glycol-based polyethylene terephthalate is used to package a variety of pharmaceuticals, from tablets to syrups, PET preforms are particularly helpful in the medical and pharmaceutical industries. As more people have become medication recipients over time, the sale of pharmaceuticals has surged. As a result, there has been a boost in demand for PET preforms in the medical and pharmaceutical industries for the packaging of medications, which has resulted in positive market growth.
Based on capacity, the 500-1000ml segment accounted for the biggest market share of PET Preforms in 2021. Given that they are primarily utilized as packaging products in the food and beverage industry for ready-to-drink items like juices and carbonated drinks items such as soft drinks, PET preforms are in great demand for the production of bottles with a 500-1000ml capacity. Due to rising disposable income, adults are drinking more beverages, particularly juices and soft drinks, which is driving up the need for bottles with a capacity of 500 to 1000 ml for packaging.
By application, the market for PET Preforms was dominated by the food and beverage industry in 2021, and it is projected to expand at a CAGR of 3% from 2022 to 2030. PET preforms manufactured of polyamide polyethylene terephthalate are widely used in the production of bottles and jars for the storage of carbonated beverages, milk, non-alcoholic beverages, and ready-to-drink products in the food and beverage industry. Due to the rising popularity of juices, soft drinks, and other non-alcoholic beverages, the food and beverage industry has experienced tremendous expansion.
Report Scope
Attribute | Description |
---|---|
Base Year | 2021 |
Forecast period | 2022-2030 |
Report Coverage | Revenue estimation and forecast, company profile, competitive landscape, growth factors, and recent trends |
Regional scope | North America, Europe, Asia Pacific, Middle East & Africa, and Latin America |
Market Size(unit) | USD Billion |
CAGR (2022 to 2030) | 4% |
Segments Covered |
By Type |
Regional Landscape
Globally, the Asia Pacific market is anticipated to have considerable market expansion over the anticipated period, with the highest growth rate. The swift expansion of the food and beverage and cosmetic and personal care industries is to blame for the region's market boom. As a result, emerging economies in the region consume a lot of PET Preforms. Significant regional market contributors include Japan, China, and India. A growing population in nations like China and India has increased the need for plastic goods, driving the regional industry. There is also an increase in the demand for beverages, carbonated soft drinks, and pharmaceutical liquor. India also recycles most PET products, which will likely support the expansion of the regional industry in the future.
The global PET Preforms market is segmented as follows:
By Capacity
By Type
By Application
By Region/Geography
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Product
4.3.2. Market Attractiveness Analysis By Application
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing Demand from the Personal Care & Cosmetics Sector
5.2.2. Increasing Demand from the Pharmaceutical and Medical Sector
5.3. Restrains
5.3.1. Growing Shift Towards Biodegradable Plastics:
5.4. Opportunities
5.4.1. Growing market
6. Global PET Preforms Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Type 1
6.3. Type 2
6.4. Type 3
6.5. Type 4
6.6. Type 5
6.7. Others
7. Global PET Preforms Market Analysis and Forecast, By Capacity
7.1. Segment Overview
7.2. Up to 500ml
7.3. 500-1000ml
7.4. 1000-2000ml
7.5. More than 2000ml
8. Global PET Preforms Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Carbonated Soft Drinks
8.3. Water
8.4. Food
8.5. Non-Carbonated Drinks
8.6. Cosmetics & Chemicals
8.7. Pharma & Liquor
9. Global PET Preforms Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.3.6. Rest of Europe
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.4.4. Australia
9.4.5. South Korea
9.4.6. Rest of Asia-Pacific
9.5. South America
9.5.1. Brazil
9.5.2. Argentina
9.5.3. Rest of South America
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
9.6.3. Egypt
9.6.4. Kuwait
9.6.5. Saudi Arabia
9.6.6. Rest of Middle East & Africa
10. Global PET Preforms Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the PET Preforms market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. ALPLA Werke Alwin Lehner GmbH & Co KG
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Application Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Plastipak Holdings Inc.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Application Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Retal Industries Ltd.
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Application Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Resilux NV
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Application Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Societe Generale Des Techniques
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Application Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Taiwan Hon Chuan Enterprises Co. Ltd.
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Application Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Zhongfu Enterprise Co Ltd.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Application Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Manjushree Technopak Limited Co.
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Application Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Logoplaste UK Ltd.
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Application Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Indorama Ventures Public Co. Ltd.
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Application Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global PET Preforms Market, By Type, 2022-2030(USD Billion)
2. Global Type 1 PET Preforms Market, By Region, 2022-2030(USD Billion)
3. Global Type 2 Preforms Market, By Region, 2022-2030(USD Billion)
4. Global Type 3 PET Preforms Market, By Region, 2022-2030(USD Billion)
5. Global Type 4 PET Preforms Market, By Region, 2022-2030(USD Billion)
6. Global Type 5 PET Preforms Market, By Region, 2022-2030(USD Billion)
7. Global Others Preforms Market, By Region, 2022-2030(USD Billion)
8. Global PET Preforms Market, By Capacity, 2022-2030(USD Billion)
9. Global upto 500 ml Preforms Market, By Capacity, 2022-2030(USD Billion)
10. Global 500-1000ml PET Preforms Market, By Capacity, 2022-2030(USD Billion)
11. Global 1000ml – 2000ml PET Preforms Market, By Capacity, 2022-2030(USD Billion)
12. Global more than 2000ml PET Preforms Market, By Capacity, 2022-2030(USD Billion)
13. Global PET Preforms Market, By Application, 2022-2030(USD Billion)
14. Global Carbonated Soft Drinks PET Preforms Market, By Region, 2022-2030(USD Billion)
15. Global Water PET Preforms Market, By Region, 2022-2030(USD Billion)
16. Global Food PET Preforms Market, By Region, 2022-2030(USD Billion)
17. Global Non Carbonated Drinks PET Preforms Market, By Region, 2022-2030(USD Billion)
18. Global Others PET Preforms Market, By Region, 2022-2030(USD Billion)
19. Global PET Preforms Market, By Region, 2022-2030(USD Billion)
20. Global PET Preforms Market, By North America, 2022-2030(USD Billion)
21. North America PET Preforms Market, By Product, 2022-2030(USD Billion)
22. North America PET Preforms Market, By Application, 2022-2030(USD Billion)
23. U.S. PET Preforms Market, By Product, 2022-2030(USD Billion)
24. U.S. PET Preforms Market, By Application, 2022-2030(USD Billion)
25. Canada PET Preforms Market, By Product, 2022-2030(USD Billion)
26. Canada PET Preforms Market, By Application, 2022-2030(USD Billion)
27. Mexico PET Preforms Market, By Product, 2022-2030(USD Billion)
28. Mexico PET Preforms Market, By Application, 2022-2030(USD Billion)
29. Europe PET Preforms Market, By Product, 2022-2030(USD Billion)
30. Europe PET Preforms Market, By Application, 2022-2030(USD Billion)
31. Germany PET Preforms Market, By Product, 2022-2030(USD Billion)
32. Germany PET Preforms Market, By Application, 2022-2030(USD Billion)
33. France PET Preforms Market, By Product, 2022-2030(USD Billion)
34. France PET Preforms Market, By Application, 2022-2030(USD Billion)
35. U.K. PET Preforms Market, By Product, 2022-2030(USD Billion)
36. U.K. PET Preforms Market, By Application, 2022-2030(USD Billion)
37. Italy PET Preforms Market, By Product, 2022-2030(USD Billion)
38. Italy PET Preforms Market, By Application, 2022-2030(USD Billion)
39. Spain PET Preforms Market, By Product, 2022-2030(USD Billion)
40. Spain PET Preforms Market, By Application, 2022-2030(USD Billion)
41. Rest of Europe PET Preforms Market, By Product, 2022-2030(USD Billion)
42. Rest of Europe PET Preforms Market, By Application, 2022-2030(USD Billion)
43. Asia Pacific PET Preforms Market, By Product, 2022-2030(USD Billion)
44. Asia Pacific PET Preforms Market, By Application, 2022-2030(USD Billion)
45. Japan PET Preforms Market, By Product, 2022-2030(USD Billion)
46. Japan PET Preforms Market, By Application, 2022-2030(USD Billion)
47. China PET Preforms Market, By Product, 2022-2030(USD Billion)
48. China PET Preforms Market, By Application, 2022-2030(USD Billion)
49. India PET Preforms Market, By Product, 2022-2030(USD Billion)
50. India PET Preforms Market, By Application, 2022-2030(USD Billion)
51. Australia PET Preforms Market, By Product, 2022-2030(USD Billion)
52. Australia PET Preforms Market, By Application, 2022-2030(USD Billion)
53. South Korea PET Preforms Market, By Product, 2022-2030(USD Billion)
54. South Korea PET Preforms Market, By Application, 2022-2030(USD Billion)
55. Rest of Asia-Pacific PET Preforms Market, By Product, 2022-2030(USD Billion)
56. Rest of Asia-Pacific PET Preforms Market, By Application, 2022-2030(USD Billion)
57. South America PET Preforms Market, By Product, 2022-2030(USD Billion)
58. South America PET Preforms Market, By Application, 2022-2030(USD Billion)
59. Brazil PET Preforms Market, By Product, 2022-2030(USD Billion)
60. Brazil PET Preforms Market, By Application, 2022-2030(USD Billion)
61. Argentina PET Preforms Market, By Product, 2022-2030(USD Billion)
62. Argentina PET Preforms Market, By Application, 2022-2030(USD Billion)
63. Rest of Latin America PET Preforms Market, By Product, 2022-2030(USD Billion)
64. Rest of Latin America PET Preforms Market, By Application, 2022-2030(USD Billion)
65. Middle East and Africa PET Preforms Market, By Product, 2022-2030(USD Billion)
66. Middle East and Africa PET Preforms Market, By Application, 2022-2030(USD Billion)
67. UAE PET Preforms Market, By Product, 2022-2030(USD Billion)
68. UAE PET Preforms Market, By Application, 2022-2030(USD Billion)
69. South Africa PET Preforms Market, By Product, 2022-2030(USD Billion)
70. South Africa PET Preforms Market, By Application, 2022-2030(USD Billion)
71. Egypt PET Preforms Market, By Product, 2022-2030(USD Billion)
72. Egypt PET Preforms Market, By Application, 2022-2030(USD Billion)
73. Kuwait PET Preforms Market, By Product, 2022-2030(USD Billion)
74. Kuwait PET Preforms Market, By Application, 2022-2030(USD Billion)
75. Saudi Arabia PET Preforms Market, By Product, 2022-2030(USD Billion)
76. Saudi Arabia PET Preforms Market, By Application, 2022-2030(USD Billion)
77. Rest of Middle East PET Preforms Market, By Product, 2022-2030(USD Billion)
78. Rest of Middle East PET Preforms Market, By Application, 2022-2030(USD Billion)
List of Figures
1. Global PET Preforms Market Segmentation
2. PET Preforms Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global PET Preforms Market Attractiveness Analysis By Type
9. Global PET Preforms Market Attractiveness Analysis By Capacity
10. Global PET Preforms Market Attractiveness Analysis By Application
11. Global PET Preforms Market Attractiveness Analysis By Region
12. Global PET Preforms Market: Dynamics
13. Global PET Preforms Market Share By Product(2022 & 2030)
14. Global PET Preforms Market Share By Capacity(2022 & 2030)
15. Global PET Preforms Market Share By Application(2022 & 2030)
16. Global PET Preforms Market Share by Regions (2022 & 2030)
17. Global PET Preforms Market Share by Company (2021)
By Capacity
By Type
By Application
By Region/Geography
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