PET Preforms Market size reached USD 23.12 Bn in 2022 and is expected to reach USD 33.41 Bn by 2029, growing at a CAGR of 5.4 % during the forecast period.
PET Preforms Market Overview:
For the global industry’s PET Preforms Market analysis, a research team did thorough primary and secondary research. Secondary research was carried out to enhance the existing data, segment the market, estimate overall market size, predict the market size, and growth rate.
Several methods for determining market value and market growth rate have been developed. Maximize research crew gathered market information and data from a variety of sources to present a more accurate regional view. The country-level analysis of the study is based on an examination of numerous regional stakeholders, regional tax laws and policies, consumer behavior, and macroeconomic data.
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Segmentation:
Based on the Type, the Standard PCO segment held the largest revenue share of 8.4 % in 2022 and is expected to grow during the forecast period. The Standard PCO segment is commonly used for packaging carbonated soft drinks, including cola, lemon-lime, and other carbonated beverages. The PCO neck finish provides a secure closure and sealing system to maintain carbonation and prevent gas escape. The demand for the Standard PCO preforms segment is closely tied to the consumption of carbonated beverages and the growth of the beverage industry.
by Type
1.ROPP
2.Standard PCO
3.Alaska
4.CTC Preforms
5.Others
by Neck Size
1.25 Mm
2.28 Mm
3.29 Mm
4.30 Mm
5.Others
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Key Players:
• Retal Industries Ltd. (Cyprus)
• Plastipak Holdings, Inc. (US)
• RESILUX NV (Belgium)
• Husky Injection Molding Systems Ltd. (Canada)
• Ningbo Huasheng Plastic Machinery Co., Ltd. (China)
• Chemco Group of Companies (India)
• ALPLA Werke Alwin Lehner GmbH & Co KG (Austria)
• Zhuhai Zhongfu Enterprise Co. Limited (China)
• Societe Generale des Techniques (France)
• Indorama Ventures Public Company Limited (Thailand)
• KOKSAN Pet Packaging Industry Co. (Turkey)
• Zijiang Enterprise Group Co., Ltd. (China)
• Taiwan Hon Chuan Enterprise Co., Ltd (Taiwan)
• Rawasy Al Khaleej Plastic Ind. (UAE).
Regional Analysis:
A country-level study of the PET Preforms Market focuses on segments identified as potentially high-growth, countries with the biggest market share, and nations with the greatest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other nations are the geographical breakdowns in the PET Preforms Market study.
COVID-19 Impact Analysis on PET Preforms Market:
The study investigates macroeconomic data, market trends, underlying variables, and market attractiveness by segment. COVID-19 (Corona Virus) has an influence on the product industry chain, encompassing upstream and downstream markets, regions, and nations, as well as the future growth of the industry.
Key Questions Answered in the PET Preforms Market Report are:
- Which are the major players in the PET Preforms market?
- What key trends are likely to emerge in the PET Preforms market in the coming years?
- What will be the PET Preforms market size by 2029?
- Which company held the largest share in the PET Preforms market?
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