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PET Packaging Market Share

Report ID: GMI7302
Published Date: Nov 2023
Report Format: PDF

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PET Packaging Market Share

Players operating in the PET packaging industry focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product developments & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These players also heavily invest in research & development to introduce innovative and technologically advanced solutions in the market. Some of the major players operating in the PET packaging industry are:

Amcor Limited
Berry Global Group Inc.
CCL Industries, Inc.
Gerresheimer AG
Huhtamaki OYJ
Silgan Holdings Inc.
Sonoco Products Company

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for PET packaging surpassed USD 30 billion in revenue in 2022 and is projected to expand at over 5% CAGR from 2023 to 2032 driven by the rising consumer demand for food & beverage items.

The bottles & jars segment held more than 20% share of the PET packaging industry in 2022 and is estimated to witness high demand through 2032 owing to their cost effectiveness, lightweight, and versatility for storage and transportation of a wide range of products.

Some of the major PET packaging companies are Amcor Limited, Berry Global Group Inc., CCL Industries, Inc., Gerresheimer AG, Huhtamaki OYJ, Silgan Holdings Inc., and Sonoco Products Company.