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Limited (China), Societe Generale des Techniques (France), Indorama Ventures Public Company Limited (Thailand), KOKSAN Pet Packaging Industry Co. (US), RESILUX NV (Belgium), ALPLA Werke Alwin Lehner GmbH & Co KG (Austria), Zhuhai Zhongfu Enterprise Co. Key companies profiled in the global PET preforms market research report include Retal Industries Ltd. This has shifted their focus towards packaged beverages, and hence the demand for PET preforms used in the packaging of non-carbonated drinks such as bottled water, juices, energy drinks, and drinking milk products is expected to grow rapidly. Increasing consumer awareness regarding health and hygiene and rising demand for clean drinking water has changed the drinking habits of the consumers. Market players have adopted both organic and inorganic growth strategies, such as regional expansions, mergers & acquisitions, and new product developments, to expand their businesses worldwide. This factor is driving the growth of the PET preforms in this region as both these countries have the world's largest consumer base in terms of population.
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The high demand for PET preforms in Asia Pacific is attributed to the demand for beverages from countries, such as China and India. However, the PET preforms market in Middle East & Africa is projected to grow at the highest CAGR during the forecast period. In 2016, Asia Pacific accounted for the largest share of the global PET preforms market, followed by Europe.
#PET BOTTLES PREFORM DRIVER#
This factor acts as a key growth driver for the PET preforms market for the carbonated soft drinks application segment. Since PET is an answer to both these requirements, PET preforms are preferred for the packaging of carbonated soft drinks. Consumers are looking for a packaging material which is both affordable and easy-to-handle. The growth of this segment is driven by the shifting trend in drinking habits of the people to consume more hygienic and clean drinking water.īased on application segment, the carbonated soft drinks segment of the global PET preforms market is projected to grow at the highest CAGR during the forecast period. This PET preform type is used for packaging of water. The growing demand for PET preforms from the manufacturing industry in Asia Pacific, especially in emerging economies, is contributing towards the growth of the global PET preforms market.īased on type segment, the Type 2 (Alaska/Bericap/Crown Obrist/Others) PET preform segment of the global PET preform market is projected to register the highest CAGR during the forecast period.