Researchmoz added Most up-to-date research on "PET
Preforms Market: Beverages Industry to Remain Largest Consumer RTD
Beverages to Significantly Foster Demand: Global Industry Analysis
2013 - 2017 and Opportunity Assessment, 2018 - 2028" to its huge
collection of research reports. An insight on the important factors
and trends influencing the market.
Among various end-use industries where the PET preforms market has maximum packaging applications, food, beverages, personal care, home care, and pharmaceuticals constitute the key industries. In addition, a few other industries also generate substantial demand for PET preforms, including agriculture, chemicals, and automobiles. The beverages industry is further sub-divided into bottled water, carbonated drinks, RTD tea, juice, sports drinks, RTD coffee, alcoholic drinks, and other soft drinks. Although the market is expected to witness stable growth due to growing beverage consumption, increasing health consciousness among people in developed regions may still hinder the growth of market.
Developed regions however will continue to experience growing demand for PET preforms owing to sustained consumption of bottled water.
Request Free Sample Copy of Report @ https://www.researchmoz.us/enquiry.php?type=S&repid=1869368
Beverages Industry Remains the Key End-user with Maximum Revenue Share
According to recent market evaluation, the PET preforms market is expected to be dominated by beverage industry in terms of end user. This segment is expected to hold a market value of over US$ 22 Bn by the end of 2028, growing at a CAGR of 4.4% during the forecast period. However, in terms of growth rate, the food segment is expected to grow at a robust CAGR of around 5.5% during the forecast period. Personal care industry will also reportedly hold a lucrative share in the market.
Growing use of ready-to-use and single-serve beverages to be witnessed in the PET preforms market
PET packaging is an economical packaging solution, which makes it an obvious choice for manufacturers involved in beverage drinks packaging. The growth of PET preforms market is associated with increasing consumption of the convenient (on-the-go) food and beverage products, such as carbonated soft drinks, RTD tea, coffee, and juices in developed as well as developing countries. Despite growing health consciousness among consumers in developed countries, there is still a high rate of carbonated drinks consumption, coupled with a growing trend of single-serve drinks. Single-serve RTD coffee didnt exist a few years ago but is currently more than 30% of the total coffee sold at grocery stores in the U.S. alone. The single-serve coffee market in the U.S. registered a stellar growth rate consistently over the years right after emergence of the product, and will continue to fuel the demand for PET preforms in the U.S. in near future.
Leading manufacturers of PET preforms are continuously focusing on development of lightweight preforms without compromising on quality. Reduction in the weight of the bottle preforms involve redesigning of packaging material which helps packaging companies to reduce the cost of transportation.
Make Pre-Purchase Enquiry or to Get Customized Report @ https://www.researchmoz.us/enquiry.php?type=E&repid=1869368
About ResearchMoz
ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfil all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organisations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.
For More Information Kindly Contact:
ResearchMoz
Mr. Nachiket Ghumare,
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
For More Reports Visit @ http://marketresearchlatestreports.blogspot.com/
Among various end-use industries where the PET preforms market has maximum packaging applications, food, beverages, personal care, home care, and pharmaceuticals constitute the key industries. In addition, a few other industries also generate substantial demand for PET preforms, including agriculture, chemicals, and automobiles. The beverages industry is further sub-divided into bottled water, carbonated drinks, RTD tea, juice, sports drinks, RTD coffee, alcoholic drinks, and other soft drinks. Although the market is expected to witness stable growth due to growing beverage consumption, increasing health consciousness among people in developed regions may still hinder the growth of market.
Developed regions however will continue to experience growing demand for PET preforms owing to sustained consumption of bottled water.
Request Free Sample Copy of Report @ https://www.researchmoz.us/enquiry.php?type=S&repid=1869368
Beverages Industry Remains the Key End-user with Maximum Revenue Share
According to recent market evaluation, the PET preforms market is expected to be dominated by beverage industry in terms of end user. This segment is expected to hold a market value of over US$ 22 Bn by the end of 2028, growing at a CAGR of 4.4% during the forecast period. However, in terms of growth rate, the food segment is expected to grow at a robust CAGR of around 5.5% during the forecast period. Personal care industry will also reportedly hold a lucrative share in the market.
Growing use of ready-to-use and single-serve beverages to be witnessed in the PET preforms market
PET packaging is an economical packaging solution, which makes it an obvious choice for manufacturers involved in beverage drinks packaging. The growth of PET preforms market is associated with increasing consumption of the convenient (on-the-go) food and beverage products, such as carbonated soft drinks, RTD tea, coffee, and juices in developed as well as developing countries. Despite growing health consciousness among consumers in developed countries, there is still a high rate of carbonated drinks consumption, coupled with a growing trend of single-serve drinks. Single-serve RTD coffee didnt exist a few years ago but is currently more than 30% of the total coffee sold at grocery stores in the U.S. alone. The single-serve coffee market in the U.S. registered a stellar growth rate consistently over the years right after emergence of the product, and will continue to fuel the demand for PET preforms in the U.S. in near future.
Leading manufacturers of PET preforms are continuously focusing on development of lightweight preforms without compromising on quality. Reduction in the weight of the bottle preforms involve redesigning of packaging material which helps packaging companies to reduce the cost of transportation.
Make Pre-Purchase Enquiry or to Get Customized Report @ https://www.researchmoz.us/enquiry.php?type=E&repid=1869368
About ResearchMoz
ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfil all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organisations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.
For More Information Kindly Contact:
ResearchMoz
Mr. Nachiket Ghumare,
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
For More Reports Visit @ http://marketresearchlatestreports.blogspot.com/
No comments:
Post a Comment