PET Packaging Market by Packaging Type (Rigid PET Packaging, Flexible PET Packaging), Product Type (Bottles & Jars, Caps & Closures, Trays & Clamshells, Bags & Pouches, Films & Wraps, and Labels), End-use Industry (Food & Beverage, Pharmaceutical & Healthcare, and Personal Care & Cosmetics) & Region – Forecast 2022 – 2032
DUBAI, UAE, March 22, 2022 /PRNewswire/ — The global PET packaging market is slated to reach a valuation of US$ 77.2 Bn in 2022. Expanding at a steady 4.9% CAGR, the market valuation is set to top US$ 124.1 Bn by 2032.
PET Packaging Market Size 2022 |
US$ 77.2 Bn |
PET Packaging Market Size 2032 |
US$ 124.1 Bn |
PET Packaging Market Value-based CAGR (2022-2032) |
4.9% |
PET Packaging Market Collective Value Share: Top 5 Companies (2022E) |
20-25% |
PET material is a lightweight and clear plastic that’s commonly used for packaging products. It is available in both rigid and flexible forms, which makes it useful for specific end-use applications. PET packaging is distinguished by its high strength, inexpensiveness, recyclability, lightweight,…