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November 9, 2020

PET Preforms Market to Show Impressive Growth Rate between 2020 - 2027

The Global PET Preforms Market is expected to register a CAGR of 3%, reaching a value of around USD 28.5 billion by the end of 2027.

PET Preforms are essentially products formulated by injection molding of polyethylene terephthalate (PET). PET preform is stiff, strong, dimensionally stable, and is water and chemical resistant. It is used as a replacement for glass and metal bottles as it is highly transparent and colourless.

PET preforms are used in packaging of bottled water, carbonated soft drinks, edible oil, and others.

PET Preforms Market: Drivers & Restraints

Market Driver:

Rising Demand for Packaged Drinks and Beverages

The demand for PET preforms is increasing on the account of high consumption of convenient beverages such as ready-to-drink coffee, tea, soft drinks, mineral water, and juices across the globe. This demand is attributed to the rising working population coupled with rising concerns about obesity and other health complications. Shifting consumer preference towards a healthier lifestyle has resulted in high demand for energy drinks and sugar-free and low-sugar soft drink varieties, which is likely to propel the demand for PET preforms.

Manufacturers in this market are focusing on incorporating value-adds like probiotics, functional ingredients, and even animal proteins into their products.

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Growing Demand for PET Preforms in Cosmetics Industry

PET preforms are extensively used in cosmetic packaging due to a number of benefits offered by it. PET packaging uses significantly less energy and natural resources during the manufacturing process compared to glass packaging production. Additionally, it is recyclable, lightweight, non-reactive as well as chemical resistant. Moreover, it exhibits low permeability to humidity and gases which improves the shelf-life of products, thus driving the demand for PET preforms.

All the above-mentioned properties make PET preform as a suitable choice of packaging material for cosmetics products, thereby driving the global market during the assessment period.

Market Restraint:

Regulations on Single-Use Plastics

In December 2018, the United Nations (UN) Environment Programme announced the release of a report on national laws and regulation of single-use plastics and micro plastics worldwide. In 2015, plastic packaging waste accounted for 47% of the plastic waste generated globally, with half of that appearing to come from Asia. Governments across the globe are working towards the reduction of plastic packaging waste through bans and effective waste management systems.

Thus, regulations on the use of single-use plastics are expected to restrain market growth.

PET Preforms Market: Key Segments

  • Segmentation based on type: Standard PCO, Alaska / Three Start, ROPP, CTC/Beri, Standard 30/25, Standard 48/41, and Others.
  • Segmentation based on application: Water Bottles, Carbonated Soft Drinks, Oil, Juice/Milk Bottles, Alcoholic Drinks, and Others.
  • Segmentation based on end-use industry: Food & Beverage, Cosmetics, Pharmaceuticals, and Others.
  • Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

PET Preforms Market: Report Scope

The report on the PET Preforms Market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

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List of the leading companies operating in the PET Preforms Market include:

  • Retal Industries LTD (Cyprus) (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • PLASTIPAK HOLDINGS, INC. (US)
  • RESILUX NV (Belgium)
  • Esterform Ltd (UK)
  • SGT (France)
  • Indorama Ventures Public Company Limited (Thailand)
  • KÖKSAN Pet Packaging Ind. Co. (Turkey)
  • ALPLA (Austria)
  • RAWASY (UAE)
  • HON CHUAN (Taiwan)
  • Magnum Group (India)
  • GR PET (India)
  • Chemco (India)
  • TPAC Packaging India Private Limited (India)
  • INTERGULF - EMPOL (UAE)
  • Ultrapak Manufacturing Company ltd. (Saudi Arabia)
  • UAB „Putokšnis “(Lithuaia)
  • Ahimsa Industries Limited (India)
  • CAIBA (Spain)
  • Pet Star (Romania)

PET Preforms Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

PET Preforms Market, by Type

  • Standard PCO
  • Alaska / Three Start
  • ROPP
  • CTC/Beri
  • Standard 30/25
  • Standard 48/41
  • Others

PET Preforms Market, by Application

  • Water Bottles
  • Carbonated Soft Drinks
  • Oil
  • Juice/Milk Bottles
  • Alcoholic Drinks
  • Others

PET Preforms Market, by End-use Industries

  • Food & Beverage
  • Cosmetics
  • Pharmaceuticals
  • Others

Consult with an Analyst @ https://www.forencisresearch.com/pet-preforms-market-consult-with-an-analyst/

PET Preforms Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Key Questions Answered by The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

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Table of Content

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Rising Demand for Packaged Drinks and Beverages
      2. Growing Demand for PET Preforms in Cosmetics Industry
    3. Restraint
      1. Regulations on Single-Use Plastics
    4. Opportunities
      1. Potential in Emerging Economies of Asia-Pacific and Middle East & Africa
    5. Challenges
      1. Increasing Inclination towards Bio-based Packaging
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL PET PREFORMS MARKET BY TYPES, Market Size in USD Million and Million Units (2019-2027)
    1. Introduction
    2. Standard PCO
    3. Alaska / Three Start
    4. ROPP
    5. CTC/Beri
    6. Standard 30/25
    7. Standard 48/41
    8. Others
  7. GLOBAL PET PREFORMS MARKET BY APPLICATION, Market Size in USD Million and Million Units (2019-2027)
    1. Introduction
    2. Water Bottles
    3. Carbonated Soft Drinks
    4. Oil
    5. Juice/Milk Bottles
    6. Alcoholic Drinks
    7. Others
  8. GLOBAL PET PREFORMS MARKET BY END-USE INDUSTRIES, Market Size in USD Million and Million Units (2019-2027)
    1. Introduction
    2. Food & Beverage
    3. Cosmetics
    4. Pharmaceuticals
    5. Others
  9. GLOBAL PET PREFORMS MARKET BY REGION, Market Size in USD Million and Million Units (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. Spain
      5. Russia
      6. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Australia & New Zealand
      6. Thailand
      7. Indonesia
      8. Malaysia
      9. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  10. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  11. COMPANY PROFILES
    1. Retal Industries LTD
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. PLASTIPAK HOLDINGS, INC.
    3. RESILUX NV
    4. Este
    5. Indorama Ventures Public Company Limited
    6. KÖKSAN Pet Packaging Ind. Co.
    7. ALPLA
    8. RAWASY
    9. HON CHUAN
    10. Other Key Companies
      1. Magnum Group
      2. GR PET
      3. Chemco
      4. TPAC Packaging India Private Limited
      5. INTERGULF - EMPOL
      6. Ultrapak Manufacturing Company ltd.
      7. UAB „Putokšnis“
      8. Ahimsa Industries Limited
      9. CAIBA
      10. Pet Star
  12. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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November 9, 2020, 11:18
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