PUBLISHER: IMARC | PRODUCT CODE: 1519657
PUBLISHER: IMARC | PRODUCT CODE: 1519657
The North America PET bottle market size reached 3.6 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 4.3 Million Tons by 2032, exhibiting a growth rate (CAGR) of 2% during 2024-2032.
Polyethylene terephthalate (PET) is a thermoplastic polymer resin of the polyester family that is widely utilized for the manufacturing of plastic bottles. As compared to their counterparts, such as HDPE, PVC and PP bottles, PET bottles are more transparent, lightweight, durable, cost-effective, non-reactive, and thermally stable. They are also environment-friendly and can be recycled repeatedly, which further reduces their manufacturing cost. On account of this, PET bottles are widely used in the packaging of drinking water and beverages, medicines, household cleaners, mouthwashes, salad dressings and dish detergents.
The North America PET bottle market is currently being driven by several factors. The portability and convenience provided by PET bottles have enabled consumers to opt for on-the-go beverages that support their hectic lifestyles. Additionally, due to their flexibility, PET bottles can be customized into different shapes, sizes and designs, thereby catering to different needs and preferences of consumers. Apart from this, rapid technological advancements, such as the introduction of plasma-based coatings, have made PET bottle more impervious in nature. Furthermore, the infusion of silver in the bottle is also helping in increasing the shelf life of the product. In addition to this, rising environmental concerns among consumers have escalated the demand for recyclable PET bottles.
IMARC Group's latest report provides a deep insight into the North America PET bottle market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America PET bottle in any manner.
IMARC Group provides an analysis of the key trends in each sub-segment of the North America PET bottle market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on capacity, colour, technology type and end-use.
Key Regions Analysed
United States
Canada
Analysis for Each Country
Market by Capacity
High
Medium
Low
Market by Colour
Transparent
Colored
Market by Technology Type
Stretch Blow Molding
Injection Molding
Extrusion Blow Molding
Thermoforming
Others
Market by End-Use
Packaged Water
Carbonated Soft Drinks (CSD's)
Food Bottles and Jars
Non-Food Bottles and Jars
Fruit Juice
Beer
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape
Competitive Structure
Key Player Profiles