Polyethylene Terephthalate (PET) Packaging Market Growth Expand by Food & Beverage Industry in UpcomA Story by DavidEasy to Use & Handle with Unbreakable Capability Augment Global Polyethylene Terephthalate (PET) with USD 63.4 Billion by 2021 & Important Industries Amcor, Gepack, Gerresheimer, Graham Packaging, PET“Global Polyethylene
Terephthalate (PET) Market Analysis & Opportunity Outlook 2021” The
global market of polyethylene terephthalate (PET) packaging was valued at USD
50.5 Billion in 2015 and is projected to reach USD 63.4 Billion by the end of 2021
by expanding at a compound annual growth rate of 5.15% over the period
2015-2021. Features of polyethylene terephthalate
such as flexibility, non-toxic nature and light in weight among other safety
features are some of the major factors that are driving the growth of
polyethylene terephthalate market around the globe. The global polyethylene terephthalate market has been segmented by industry
into food & beverages, healthcare & medical, cosmetics and FMCG
industries. Among these segments, the food & beverage industry is
anticipated to dominate the overall Polyethylene
Terephthalate Market owing to the expanded demand from the beverages
industries. Geographically, Asia-Pacific accounted for the major
share in the global market of polyethylene terephthalate packaging during 2009
to 2013 owing to the rise in investments by major key players and rising
personal disposable income, which is further anticipated to benefit the expansion
of the global polyethylene terephthalate packaging market in this region with
noteworthy revenue by the end of the forecast period. After Asia Pacific, North
America accounted for around 23.1% of market share while Europe accounted for
around 19.6% of market share in global polyethylene terephthalate packaging
market during 2014. For Free Sample Copy of Report @ https://www.researchnester.com/sample-request-131 Growing Demand from Packaged Goods Industry The polyethylene terephthalate (PET) packaging
is easy to use, easy to handle with unbreakable capability. These capabilities are
expected to benefit the growth of the market over the forecast period. In
addition to that, advancement in technology and rapid growth in consumer
packaged goods industry is believed to supplement the expansion of polyethylene
terephthalate (PET) packaging market over the forecast period. However,
environmental issues while recycling and difficulties with supply of raw
material are projected to restrain the growth of the global polyethylene
terephthalate market in the near future. For
Browsing TOC @ https://www.researchnester.com/request-toc-131 The
report titled “Global Polyethylene
Terephthalate (PET) Market Analysis & Opportunity Outlook 2021” delivers
detailed overview of the global polyethylene terephthalate market in terms of
market segmentation by product type, by industry and by region. Further,
for the in-depth analysis, the report encompasses the industry growth drivers,
restraints, supply and demand risk, market attractiveness, BPS analysis and
Porter’s five force model. This
report also provides the existing competitive scenario of some of the key
players of the global Polyethylene
terephthalate market which includes company profiling of Amcor, Gepack,
Gerresheimer, Graham Packaging, PET Power and others.The profiling enfolds key
information of the companies which encompasses business overview, products and
services, key financials and recent news and developments. On the whole, the
report depicts detailed overview of the global polyethylene terephthalate
market that will help industry consultants, equipment manufacturers, existing
players searching for expansion opportunities, new players searching
possibilities and other stakeholders to align their market centric strategies
according to the ongoing and expected trends in the future. Buy the Report directly @ https://www.researchnester.com/payment/rep-id-131 About Us Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision so as to avoid future uncertainties. Contact for more
Info: Ajay Daniel Email: [email protected] U.S. Phone: +1 646 586 9123 U.K. Phone: +44 203
608 5919 © 2019 David |
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Added on May 20, 2019 Last Updated on May 20, 2019 Tags: Polyethylene Terephthalate (PET), Packaging AuthorDavidAboutDavid Richardson is a market researcher who works with ResearchnReports. A market research professional by day and a writer by night, he is loath to discuss himself in the third person but can be pers.. more..Writing
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