MarketsandMarkets projects the global market for PET packaging to grow from USD 57.64 Billion in 2016 to USD 74.32 Billion by 2021, at a CAGR of 5.21%.

Browse 197 market data tables with 74 figures spread through 250 pages and in-depth TOC on "PET Packaging Market by Form (Amorphous PET, Crystalline PET), Pack type (Bottles & jars, Bags & pouches, Trays, Lids/Caps & closures, others), Filling Technology (Hot fill, Cold fill, Aseptic fill, others), Packaging Type (Rigid, Flexible), End-use industry - Forecast to 2021" .

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This market is segmented on the basis of form, packaging type, pack type, end-use industry, and filling technology. In terms of packaging type, rigid packaging held the largest market share, in terms of value. And it is projected to grow at the highest CAGR. The excellent growth is witnessed because of the increasing demand in end products such as containers, bottles & jars, and trays.

In terms of pack type, the bottles & jars segment accounted for the largest share in this market, in terms of both volume and value, among all pack type. The growing demand of sustainable & cost-effective packaging solutions in end-use industries such as packaged food, beverage, personal care, and pharmaceutical drives the bottles & jars segment.

In terms of filling technology, the cold fill technology dominated the filling technology segment because of its cost-effectiveness, whereas the hot fill technology is projected to grow at the highest CAGR.

In terms of end-use industry, the market is segmented into food, beverages, personal care & cosmetics, pharmaceuticals, household products, and others. The food segment is projected to grow at the highest rate due to the increase in the demand for ready-to-eat food and packaged food.

In terms of region, the market for PET packaging is segmented into North America, Europe, Asia-Pacific, and Rest of the World. The Asia-Pacific region is projected to grow at the highest CAGR among all the regions by 2021. This is mainly due to emerging economies in China and India and the growing industries such as healthcare & pharmaceutical, food, and beverage.

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The global PET packaging ecosystem comprises of PET packaging manufacturers, vendors, and service providers such as CCL Industries, Inc. (Canada), E. I. du Pont de Nemours and Company (referred to as DuPont) (U.S.), Amcor Limited (Australia), Resilux NV (Belgium), Rexam PLC (U.K.), Smurfit Kappa Group PLC (Ireland), Gerresheimer AG (Germany), and Klöckner Pentaplast GmbH & Co. KG (Germany). The other notable players in the market are Graham Packaging (U.S.), GTX Hanex Plastic Sp. z o.o. (Poland), Berry Plastic Group Inc. (U.S.), Dunmore (U.S.), and Huhtamaki Group (Finland).

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