The increasing number of middle-income group in the Asia Pacific is creating an expanding demand for the food and beverage industry. As a result of this, coupled with the increase in the demand for bottled water in the Asia Pacific countries, is boosting the market for PET packaging. By the end of the forecast period of 2019-2027, the Asia-Pacific PET market expected to register a CAGR of 7.22% and 5.38% by revenue and volume, respectively. The report analyzed APAC countries like India, China, Japan, South Korea, Australia, and the Rest of Asia Pacific for the region’s PET market. The India PET market is expected to register very significant growth over the forecast period. Growth in the demand for consumer goods and the government’s various initiatives such as “Make in India,” to encourage domestics manufacturing, is expected to boost the polyethylene terephthalate (PET) market in this country.
ASIA PACIFIC POLYETHYLENE TEREPHTHALATE (PET) MARKET FORECAST 2019-2027
Asia Pacific Polyethylene Terephthalate (Pet) Market by Type (Cups, Cans, Bottles, Pouches, Others) by Materials (Glass, Plastic, Metal, Paperboard, Others) by Application (Food and Beverage, Automotive, Electrical and Electronics, Healthcare, Consumer Goods, Other Applications) by Geography.
The increasing number of middle-income group in the Asia Pacific is creating an expanding demand for the food and beverage industry. As a result of this, coupled with the increase in the demand for bottled water in the Asia Pacific countries, is boosting the market for PET packaging. By the end of the forecast period of 2019-2027, the Asia-Pacific PET market expected to register a CAGR of 7.22% and 5.38% by revenue and volume, respectively.
The report analyzed APAC countries like India, China, Japan, South Korea, Australia, and the Rest of Asia Pacific for the region’s PET market. The India PET market is expected to register very significant growth over the forecast period. Growth in the demand for consumer goods and the government’s various initiatives such as “Make in India,” to encourage domestics manufacturing, is expected to boost the polyethylene terephthalate (PET) market in this country. Another main driver behind India’s PET growth is the more widespread use of PET packaging in the beverage sector, as most non-alcoholic beverages are currently packaged in PET.
Eminent market companies in this region include Hengli Group Ltd., Saudi Basics Industries Corp, Lotte Chemical Corporation, Far Eastern New Century Corporation, Jiangsu Sanfangxiang Group, Royal DSM, Reliance Industries Ltd., China Resources Chemical Materials Technology Ltd., Alpek SAP DE CV, Indorama Ventures Public Company Ltd., Sinopec Group, M&G Chemicals, Octal, BASF SE, and JBF Industries Ltd., amongst others.
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- RESEARCH SCOPE
- STUDY GOALS
- SCOPE OF THE MARKET STUDY
- WHO WILL FIND THIS REPORT USEFUL?
- STUDY AND FORECASTING YEARS
- RESEARCH METHODOLOGY
- SOURCES OF DATA
- SECONDARY DATA
- PRIMARY DATA
- TOP-DOWN APPROACH
- BOTTOM-UP APPROACH
- DATA TRIANGULATION
- SOURCES OF DATA
- EXECUTIVE SUMMARY
- MARKET SUMMARY
- KEY FINDINGS
- ASIA PACIFIC DOMINATES THE OVERALL PET MARKET
- INCREASED DEMAND FOR BOTTLED WATER
- GROWING USAGE OF BIODEGRADABLE PLASTICS
- MARKET DYNAMICS
- MARKET SCOPE & DEFINITION
- MARKET DRIVERS
- RISING CONSUMPTION OF READY TO EAT FOODS
- TECHNOLOGICAL ADVANCEMENTS IN PET MARKET
- GROWING INTEREST FOR ECO-FRIENDLY PACKAGING
- MARKET RESTRAINTS
- STRICT RULES LEVIED BY REGULATORY FIRMS
- INCREASING USAGE OF SUBSTITUTE PRODUCTS
- MARKET OPPORTUNITIES
- ONSET OF BIO-BASED PET
- MARKET CHALLENGES
- SHIFT OF PRODUCTION CAPABILITIES TO ASIA
- MARKET BY TYPE
- CUPS
- CANS
- BOTTLES
- POUCHES
- OTHERS
- MARKET BY MATERIALS
- GLASS
- PLASTIC
- METAL
- PAPERBOARD
- OTHERS
- MARKET BY APPLICATION
- FOOD AND BEVERAGE
- AUTOMOTIVE
- ELECTRICAL AND ELECTRONICS
- HEALTHCARE
- CONSUMER GOODS
- OTHER APPLICATIONS
- KEY ANALYTICS
- PORTER’S FIVE FORCE MODEL
- THREAT OF NEW ENTRANTS
- THREAT OF SUBSTITUTE
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF BUYERS
- THREAT OF COMPETITIVE RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- PORTER’S FIVE FORCE MODEL
- GEOGRAPHICAL ANALYSIS
- ASIA PACIFIC
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- AUSTRALIA
- REST OF ASIA PACIFIC
- ASIA PACIFIC
- COMPANY PROFILES
- ALPEK SAP DE CV
- BASF SE
- CHINA RESOURCES CHEMICAL MATERIALS TECHNOLOGY LTD.
- FAR EASTERN NEW CENTURY CORPORATION
- HENGLI GROUP LTD.
- INDORAMA VENTURES PUBLIC COMPANY LTD.
- JBF INDUSTRIES LTD.
- JIANGSU SANFANGXIANG GROUP
- LOTTE CHEMICAL CORPORATION
- M&G CHEMICALS
- OCTAL
- RELIANCE INDUSTRIES LTD.
- ROYAL DSM
- SAUDI BASICS INDUSTRIES CORP
- SINOPEC GROUP
LIST OF TABLES
TABLE 1. ASIA PACIFIC PET MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2. ASIA PACIFIC PET MARKET, BY TYPE, 2019-2027, (IN $ MILLION)
TABLE 3. ASIA PACIFIC PET MARKET, BY TYPE, 2019-2027, (IN KILOTONS)
TABLE 4. ASIA PACIFIC PET MARKET, BY MATERIALS, 2019-2027, (IN $ MILLION)
TABLE 5. ASIA PACIFIC PET MARKET, BY MATERIALS, 2019-2027, (IN KILOTONS)
TABLE 6. ASIA PACIFIC PET MARKET, BY APPLICATION, 2019-2027, (IN $ MILLION)
TABLE 7. ASIA PACIFIC PET MARKET, BY APPLICATION, 2019-2027, (IN KILOTONS)
TABLE 8. OPPORTUNITY MATRIX
TABLE 9. VENDOR LANDSCAPE
TABLE 10. ASIA PACIFIC PET MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 11. ASIA PACIFIC PET MARKET, BY COUNTRY, 2019-2027 (IN KILOTONS)
FIGURES LIST
FIGURE 1. ASIA PACIFIC PET MARKET, BY APPLICATION, 2018 & 2027 (IN %)
FIGURE 2. ASIA PACIFIC PET MARKET, BY CUPS, 2019-2027 (IN $ MILLION)
FIGURE 3. ASIA PACIFIC PET MARKET, BY CANS, 2019-2027 (IN $ MILLION)
FIGURE 4. ASIA PACIFIC PET MARKET, BY BOTTLES, 2019-2027 (IN $ MILLION)
FIGURE 5. ASIA PACIFIC PET MARKET, BY POUCHES, 2019-2027 (IN $ MILLION)
FIGURE 6. ASIA PACIFIC PET MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 7. ASIA PACIFIC PET MARKET, BY GLASS, 2019-2027 (IN $ MILLION)
FIGURE 8. ASIA PACIFIC PET MARKET, BY PLASTIC 2019-2027 (IN $ MILLION)
FIGURE 9. ASIA PACIFIC PET MARKET, BY METAL, 2019-2027 (IN $ MILLION)
FIGURE 10. ASIA PACIFIC PET MARKET, BY PAPERBOARD, 2019-2027 (IN $ MILLION)
FIGURE 11. ASIA PACIFIC PET MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 12. ASIA PACIFIC PET MARKET, BY FOOD AND BEVERAGE, 2019-2027 (IN $ MILLION)
FIGURE 13. ASIA PACIFIC PET MARKET, BY AUTOMOTIVE, 2019-2027 (IN $ MILLION)
FIGURE 14. ASIA PACIFIC PET MARKET, BY ELECTRICAL AND ELECTRONICS, 2019-2027 (IN $ MILLION)
FIGURE 15. ASIA PACIFIC PET MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)
FIGURE 16. ASIA PACIFIC PET MARKET, BY CONSUMER GOODS, 2019-2027 (IN $ MILLION)
FIGURE 17. ASIA PACIFIC PET MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ MILLION)
FIGURE 18. PORTER’S FIVE FORCE ANALYSIS
FIGURE 19. ASIA PACIFIC PET MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 20. CHINA PET MARKET, 2019-2027 (IN $ MILLION)
FIGURE 21. JAPAN PET MARKET, 2019-2027 (IN $ MILLION)
FIGURE 22. INDIA PET MARKET, 2019-2027 (IN $ MILLION)
FIGURE 23. SOUTH KOREA PET MARKET, 2019-2027 (IN $ MILLION)
FIGURE 24. AUSTRALIA PET MARKET, 2019-2027 (IN $ MILLION)
FIGURE 25. REST OF ASIA PACIFIC PET MARKET, 2019-2027 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- ASIA PACIFIC
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- AUSTRALIA
- REST OF ASIA PACIFIC
- ASIA PACIFIC
- MARKET BY TYPE
- CUPS
- CANS
- BOTTLES
- POUCHES
- OTHERS
- MARKET BY MATERIALS
- GLASS
- PLASTIC
- METAL
- PAPERBOARD
- OTHERS
- MARKET BY APPLICATION
- FOOD AND BEVERAGE
- AUTOMOTIVE
- ELECTRICAL AND ELECTRONICS
- HEALTHCARE
- CONSUMER GOODS
- OTHER APPLICATIONS
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We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.