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PET Preforms Market by Type, Application, and Region - Global Forecast to 2022

PET Preforms Market: Global Forecast until 2022

  • July 2017
  • 139 pages
  • ID: 5014866
In this report:
Consumption of bottled drinking water in China in 2015 was ## billion liters and is expected to grow by a further ##% by 2019 (Chinese National Health and Family Planning Commission).
The market size of Type ## PET preform is expected to be ##.## billion units in 2017 and is projected to reach ##.## billion units by 2022 at a CAGR of ##.##%, in terms of volume, between 2017 and 2022.

Summary

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"PET preforms market to grow at a CAGR (Compound annual growth rate) of ~5.3 percent (2017-2022)"

The overall PET preforms market is estimated to grow ~$23.4B by 2022, at a compound annual growth rate of ~5.3 percent between 2017 and 2022. The raised demand for PET preforms in distinct applications, including carbonated soft drinks, water, food, cosmetics & chemicals, pharma & liquor, and others acts as a top driving factor influencing the increase of the overall PET preforms market. On the other hand, due to the increasing awareness about health, clients are moving from sugary beverages and inclining more towards healthier options including juices, bottled water, and sports and energy drinks, which is affecting the carbonated soft drinks market. This might act as a restraint for the increase ot the PET preforms market.

"Type 2 PET preforms segment is anticipated to be the quickest-increasing type during the estimate period"

Type 2 PET preforms segment forecasted to be the quickest-rising type segment of the overall PET preforms market during the outlook period, in terms of capacity. The increase in this industry segment is directly related to the growing demand for packaged water bottles due to the changing drinking habits of the people regarding drinking hygienic water. Therefore, the growing demand for packaged drinking water acts as a main driver for the Type 2 PET preforms market.

Carbonated soft drinks application is anticipated to be the quickest-increasing application segment during the estimate period

The carbonated soft drinks application segment is anticipated to be the quickest-rising application segment in the overall PET preforms market during the outlook period, in terms of quantity. The rise in the PET preform market is directly related to the activities in the carbonated soft drinks market. The increasing demand for carbonated soft drinks acts as a top driver for the PET preforms market.

"Asia-Pac (APAC) forecasted to be the biggest industry for PET preforms"

APAC is anticipated to be the largest industry for PET preforms. The PET preforms market in this area is forecast to register the more important increase, due to the high demand for PET preforms from countries including Japan, China (CN), and India (IN). China (CN) is forecasted to be the biggest market for PET preforms in Asia-Pac, succeeded by Japan (JP) and India (IN). Nevertheless, India (IN) is forecasted to be the quickest developing market for PET preforms in this zone. The rise of application industries including carbonated soft drinks, water, food, non-carbonated drinks, pharma & liquor, and others has led to the raised demand for PET preforms in this area.

Extensive primary audit sessions were conducted to determine and verify the market value for various segments and sub-segments collected by secondary research.

The split of primary interviews is as follow:

• By Company category: Tier 1 - 43.0 percent, Tier 2 - 30.0 percent, and Tier 3 - 27.0 percent

• By Description: C-suite - 40.0 percent, D-level - 23.0 percent, and Others - 37.0 percent

• By Area: North America continent - 27.0 percent, Europe (EU) - 19.0 percent, Asia Pacific (APAC) - 43.0 percent, South America region - 6.0 percent, and Middle East (ME) & African continent - 5.0 percent

The firms decribed in this research report are Retal Industries Ltd., Plastipak Holdings, Incorporated, RESILUX NV, ALPLA Werke Alwin Lehner GmbH & Co KG, Zhuhai Zhongfu Enterprise Co. Limited, Societe Generale des Techniques, Indorama Ventures Public Company Limited, KOKSAN Pet Packaging Industry Co., Taiwan Hon Chuan Enterprise Co., Limited, and Rawasy Al Khaleej Plastic Ind..

Segment Research

This market research classifies the overall PET preforms market established on category, application, and area. The study includes exhaustive information concerning top factors influencing the increase of the overall PET preforms market, including drivers, industry restraints, opportunities, and possibilities. An in-depth study of main industry actors has been done to furnish industry insights on business overviews, products & services, top strategies, market investments & business developments, mergers & acquisitions, and other recent developments combined with the industry.

Why Purchasing This Study Can Help You:

The analysis will facilitate industry top players/new sector entrants in this sector in these ways:

1. This document breaks down the overall PET preforms market comprehensively and offers the closest approximations of market sizes for the global market and its sub-segments across localities.

2. The market research will facilitate partners distinguish the pulse of the sector and offer them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will also assist partners comprehend main competitors and obtain business insights to improve their competitive positions in the sector. The competitive outlook section includes main industry actors from all the areas providing to the market. The landscape consists of top 25 firms ranked and grouped based on their competency parameters, including geographical presence, recent strategic developments, and number of employees.

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