Global Printed PET Bottles - Market Overview:
In recent few years, bottles are considered to be one of the most important packaging product. As a result of this bottles made from PET are getting extensive demand over the forecast period. PET bottles are 100% recyclable which makes it the most preference plastic material for manufacturing bottles. Printed PET bottles are nowadays getting increase in the preferences by consumers due to several advantages such as impact resistance, high tensile strength, chemical resistance and high rigidity. PET bottles market is also getting traction as an alternative for glass and metal bottles. The acceptance of green plastic in recent years is driving the growth for PET bottles market. Printed PET bottles market is getting extensive growth due to consumers’ preference for aesthetic and luxury products in recent times.
Global Printed PET Bottles - Market Dynamics:
In recent years, printed PET bottles market have seen noticeable growth in the usage for beverages packaging. Some of the countries across the globe are promoting the usage of biodegradable and recyclable plastic material for packaging which is leading to growth of PET bottles market. In addition, the cost effective printed PET bottles are gaining significant benefits by attracting large number of consumers. Furthermore, the increasing demand for plastic bottles for carbonated drinks are driving the market for printed PET bottles over the forecast period. Even cold fill and hot fill technology which increase the shelf life of the product are increasing the growth of PET bottles used for beverage packaging.
Global Printed PET Bottles - Market Segmentation:
The global printed PET bottles market can be segmented by the printing technology, by ink type, and by end user base.
On the basis of printing technology, the global printed PET bottles market is segmented into -
- Digital printing
- Offset printing
- Flexography printing
- Gravure printing
- Screen printing
- Others (Letterpress, etc.)
On the basis of ink type, the global printed PET bottles market is segmented into -
- Water Based
- UV Based
- Others (Solvent Based, etc.)
On the basis of end use, the global printed PET bottles market is segmented into -
- Food & Beverages
- Perfume & Fragrances
- Personal Care & Cosmetics
Global Printed PET Bottles Market – Regional Overview:
The global printed PET bottles market can be divided into seven major regions which are as follows -
- North America
- Middle East & Africa
- Western Europe
- Asia-Pacific excluding Japan
- Latin America
- Eastern Europe
The printed PET bottles market in North America region are to remain supreme for the highest revenue growth as compared to markets in other regions. Printed PET bottles market in India and China are expected to have considerable growth in terms of revenue. Furthermore, the growth of printed PET bottles market in other parts of Asia Pacific is expected to be driven by increasing per capita disposable income and spending power among consumers in countries in this region. The market for Latin America would also have a presence for printed PET bottles and is expected to grow at a notable rate. The printed PET bottles market in the MEA region is expected to witness a significant increase in revenue contribution from sales in GCC countries and South Africa.
Global Printed PET Bottles Market – Key players:
Few of the key players in the printed PET bottles market are Amcor Limited, Gerresheimer AG, CCL Industries, Inc., Smurfit Kappa Group PLC, Berry Plastic Group Inc, Klöckner Pentaplast GmbH & Co. KG, GTX Hanex Plastic Sp. z o.o., Masterchem, etc.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.