Europe PET Bottle Market Report Based on Development, Scope, Share, Trends, Forecast to 2030

PRESS RELEASE
Published February 1, 2023

Quadintel offers a thorough analysis of the global Europe PET Bottle market, including assessments of business solutions, studies and advancements, applications, advantages, benefits, and breadth.

This market research study provides a thorough analysis and improvement of the important business producers, opportunities, difficulties, and worldwide suppliers as well as a close investigation of risks and access restrictions. Additionally, it provides a competitive analysis of the most recent technological advancements, innovations, future market potential, industry share, sales, sales generation, funding analysis, and overall business environment.

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Additionally, included in this study are the market’s significant accomplishments, studies and upgrades, new product introductions, a local boom, fierce competition against the norm, and local scale. The business report analysis and insights contain the boom in producer guidance sales, percentage, supply, opportunity, problems, and improvement restraints.

Along with R&D, new product launches, mergers and acquisitions, agreements, collaborations, partnerships, joint ventures, and the local improvement of basic competition operating within the market on a global and local scale, the studies also include major strategic trends.

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Key Segments and leading prominent companies profiled Included in the Report are

Segments Overview:
The Europe PET Bottle market is segmented based on the form, color, resin type, technology, capacity (volume), application, and distribution channel.

By Form,
Amorphous PET
Crystalline PET

The amorphous PET segment is expected be the fastest growing volume segment with a CAGR of 2.5% owing to its increasing usage in packaging of beverages and food items. Also, this type of PET offers high stiffness and strength, hence boosting the market growth.

By Color,
Colored
Transparent

The colored segment is anticipated to hold the largest market share of around 58% owing to its increasing demand in the cosmetic industry. The transparent segment is also expected to grow significantly owing to its high usage in the bottled water industry.

By Resin Type,
Virgin
Recycled

The recycled segment is estimated to cross a market volume of around 46 billion units by 2025 owing to growing adoption of recyclable bottles in across various industries due to high demand for sustainable materials.

By Technology,
Extrusion Blow Molding
Injection Molding
Stretch Blow Molding
Thermoforming
Others
The extrusion blow molding segment is expected to hold the largest market share. This is because the technology is increasingly adopted as it is easy to use. The stretch blow molding segment is anticipated to grow at the fastest CAGR owing to its rising demand for production of bottled water and juices.

By Capacity (Volume),
Up to 500 ml
500 ml to 1000 ml
1000 ml to 2000 ml
More than 2000 ml

The up to 500 ml segment is estimated to surpass a market volume of 31.2 billion units by 2026 owing to its high demand in the personal care and beverages industry. The more than 2000 ml segment is expected to witness a market volume CAGR of about 2.1%.

By Application,
Beverages
o Packaged Water
o Carbonated Soft Drinks
o Food Bottles & Jars
o Non-Food Bottles & Jars
o Fruit Juice
o Beer
o Others
Personal Care
o Body Lotions
o Body Fragrance
o Others
Consumer Goods
Pharmaceuticals
Others

Global industries were impacted by the Russia-Ukraine War, which started in February 2022. There have been widespread announcements of strict travel restrictions over Ukrainian airspace. The market in 2022 has been damaged by the Russia-Ukraine War.

The conflict between Russia and Ukraine raises defense spending and fortifies NATO nations’ armed forces. Due to Russia’s invasion, the majority of European nations have raised their defense budget. Germany earmarked USD 109 billion, which is more than the whole cost of the military in 2021, increasing its defense spending above 2% of GDP.

This report provides statistics on market segments that can be further divided into sub-segments and nations. This portion of the research includes statistics about income opportunities in addition to market share in each nation and region. The percentage and market boom price for each region, nation, and subregion over the anticipated time period are mentioned in this portion of the research.

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WRITTEN BY

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