tmrFebruary 8, 2021
According to the latest market report published by Transparency Market Research, titled “
PET Bottles Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018-2027,” cost-efficient packaging solutions offered by PET bottles for carbonated drinks, juices, packaged water, and others are expected to boost the global PET bottles market during the forecast period, 2018-2027. Globally, the revenue generated from sales of PET bottles has been estimated to be around US$ 21,607.0 Mn in 2018 and is projected to expand at a CAGR of 4.1% by value, during the forecast period.
PET bottles are an efficient and durable packaging solution for most of the end-use industries. Also, PET bottles offer a cost-effective solution for packaging. PET bottles are a highly-consumed product in the packaging industry owing to the rising demand from food & beverages, personal care & cosmetics, pharmaceuticals, and other end-use sectors. PET bottles are available in various volumes from 100 ml and 200 ml to 2000 ml & above. PET bottles can be custom-made as per requirement as well.