The Europe PET Bottle market held a market value of USD 8,835.4 Million in 2020 and is forecasted to reach USD 10,630.9 Million by the year 2027. The market is anticipated to register a CAGR of 2.7% during the projected period. The market experienced a volume of about 136.4 billion units.
Europe PET Bottle Market is Forecasted to Grow at a CAGR of 2.7% During the Forecast Period 2017-2027
However, environmental concerns regarding the use of plastics are anticipated to restrain the market growth. Fluctuations in raw material prices coupled with lack of effective infrastructure facilities for recycling are also estimated to negatively impact the market growth.
Increasing demand from bottled water industry
The demand for PET bottles in the bottled water industry is growing owing to various advantages of polyethylene terephthalate. These advantages include high durability and breakage resistant as compared to other materials. Moreover, PET is very flexible and can be molded into any shape and color, which also boosts the market growth. All these advantages are expected to boost the market growth.
Rising demand from cosmetic industry
The demand for PET bottles is increasing in the cosmetic industry majorly because of their recyclable nature. This is because of the high demand for sustainable beauty products in Europe. Furthermore, they can be made into any color and shape which is required in the cosmetic industry because attractive packaging is required for marketing and selling of the cosmetic products. All these factors are anticipated to boost the market growth.
The Europe PET Bottle market is segmented based on the form, color, resin type, technology, capacity (volume), application, and distribution channel.
- 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.
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
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.
- Extrusion Blow Molding
- Injection Molding
- Stretch Blow Molding
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%.
- Packaged Water
- Carbonated Soft Drinks
- Food Bottles & Jars
- Non-Food Bottles & Jars
- Fruit Juice
- Personal Care
- Body Lotions
- Body Fragrance
- Consumer Goods
The beverages segment is expected to account for the largest market share of around 70% owing to high demand for PET bottles in packaged water and juice industry. Within this segment, the packaged water segment is expected to witness a CAGR of 3.3%. Within the personal care segment, the body fragrance segment is anticipated to surpass a market volume size of around 1.4 billion units by 2027.
By Distribution Channel
- Business to Business
- Supermarkets and Hypermarkets
- Convenience Stores
The business to business segment is anticipated to hold the largest market share. The retail segment is expected to witness the fastest growth rate. The online and convenience stores segment is estimated to witness significant growth rates during the forecast period.
Based on region, the Europe PET Bottle market is divided into Western Europe and Eastern Europe.
The Western Europe region is anticipated to hold the largest market share owing to the presence of major market players in the region and presence of various manufacturing facilities in the region. The region is divided into the UK, Germany, France, Italy, Spain, and Rest of Western Europe. Italy is anticipated to cross a market volume size of 15.1 billion units by 2027. The Eastern Europe region is divided into Poland, Russia, and Rest of Eastern Europe. Russia is estimated to witness a CAGR of 2.2% over the forecast period.
Key players operating in the Europe PET Bottle market include Alpack Plastics, Alpha Packaging, Amcor Limited, BERICAP GmbH & Co. KG, Berry Global, Inc, CarbonLITE Industries, Clear Path Recycling, Constar Internationals, Inc., Container Corporation of Canada, Cospack America Corporation, Graham Packaging Company Inc., Indorama Ventures Public Company Limited, Krones Ag, Ontario Plastic Container Producers Ltd., PFR Nord GmbH, Phoenix Technologies, Plastipak Holdings, Inc., PolyQuest, Resilux NV, Rexam, Inc., Schoeller Group, and UltrePET, LLC, among others.
The cumulative market share of the 5 major players is close to 58%. These market players are involved in collaborations, mergers & acquisitions, and new product launches to strengthen their market presence. For instance, in April 2021, Alpha Packaging acquired Boxmore Plastics Limited, an Ireland based company. With this acquisition, the company strengthened its presence in the European market.
The Europe PET Bottle market report provides insights on the below pointers:
- Market Penetration: Provides comprehensive information on the market offered by the prominent players
- Market Development: The report offers detailed information about lucrative emerging markets and analyzes penetration across mature segments of the markets
- Market Diversification: Provides in-depth information about untapped geographies, recent developments, and investments
- Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches in the Europe PET Bottle market have been provided in this research report. In addition, the report also emphasizes the SWOT analysis of the leading players.
- Product Development & Innovation: The report provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The Europe PET Bottle market report answers questions such as:
- What is the market size and forecast of the Europe PET Bottle Market?
- What are the inhibiting factors and impact of COVID-19 on the Europe PET Bottle Market during the assessment period?
- Which are the products/segments/applications/areas to invest in over the assessment period in the Europe PET Bottle Market?
- What is the competitive strategic window for opportunities in the Europe PET Bottle Market?
- What are the technology trends and regulatory frameworks in the Europe PET Bottle Market?
- What is the market share of the leading players in the Europe PET Bottle Market?
- What modes and strategic moves are considered favorable for entering the Europe PET Bottle Market?
What is the estimated value of the European PET Bottle Market?
What is the growth rate of the European PET Bottle Market?
What is the forecasted size of the European PET Bottle Market?
Who are the key companies in the European PET Bottle Market?
|No. of Pages||211|
|Forecast Period||2020 - 2027|
| Estimated Market Value ( USD ||$ 8835.4 Million|
| Forecasted Market Value ( USD ||$ 10630.9 Million|
|Compound Annual Growth Rate||2.7%|
Table of Contents
1.2 Product Overview
1.3 Market Segmentation
2.1.1 Primary & Secondary Sources
2.2 Quantitative Research
2.2.1 Primary & Secondary Sources
2.3 Breakdown of Primary Research Respondents, By Region
2.4 Assumption for the Study
2.5 Market Size Estimation
2.6. Data Triangulation
4.1.1. Raw Material
4.1.4. End uses
4.2. Industry Outlook
4.3. PESTLE Analysis
4.4. Porter's Five Forces Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Buyers
4.4.3. Threat of Substitutes
4.4.4. Threat of New Entrants
4.4.5. Degree of Competition
4.5. Market Dynamics and Trends
4.5.1. Growth Drivers
4.5.4. Key Trends
4.6. Covid-19 Impact Assessment on Market Growth Trend
4.7. Market Growth and Outlook
4.7.1. Market Revenue Estimates and Forecast (US$ Mn), 2017 - 2027
4.7.2. Market Volume Estimates and Forecast (Bn Units), 2017 - 2027
4.7.3. Global PET Bottle Manufacturers
4.7.4. Resin suppliers for PET Bottle Manufacturers
4.8. Competition Dashboard
4.8.1. Market Concentration Rate
4.8.2. Company Market Share Analysis (Value %), 2020
4.8.3. Competitor Mapping
5.2. Market Size and Forecast, 2017 - 2027 (US$ Mn and Bn Units)
5.2.1. Amorphous PET
5.2.2. Crystalline PET
6.2. Market Size and Forecast, 2017 - 2027 (US$ Mn and Bn Units)
7.2. Market Size and Forecast, 2017 - 2027 (US$ Mn and Bn Units)
8.2. Market Size and Forecast, 2017 - 2027 (US$ Mn and Bn Units)
8.2.1. Extrusion Blow Molding
8.2.2. Injection Molding
8.2.3. Stretch Blow Molding
9.2. Market Size and Forecast, 2017 - 2027 (US$ Mn and Bn Units)
9.2.1. Up to 500 ml
9.2.2. 500 ml to 1000 ml
9.2.3. 1000 ml to 2000 ml
9.2.4. More than 2000 ml
10.2. Market Size and Forecast, 2017 - 2027 (US$ Mn and Bn Units)
10.2.1.1. Packaged Water
10.2.1.2. Carbonated Soft Drinks
10.2.1.3. Food Bottles & Jars
10.2.1.4. Fruit Juice
10.2.2. Personal Care
10.2.2.1. Body Lotions
10.2.2.2. Body Fragrance
10.2.3. Consumer Goods
11.2. Market Size and Forecast, 2017 - 2027 (US$ Mn and Bn Units)
11.2.1. Business to Business
22.214.171.124. Supermarkets and hypermarkets
126.96.36.199. Convenience Stores
12.2. Market Size and Forecast, 2017 - 2027 (US$ Mn and Bn Units)
12.2.1. Western Europe
188.8.131.52. The UK
184.108.40.206. Rest of Western Europe
12.2.2. Eastern Europe
220.127.116.11. Rest of Eastern Europe
13.2. Alpha Packaging
13.3. Amcor Limited
13.4. BERICAP GmbH & Co. KG
13.5. Berry Global, Inc
13.6. CarbonLITE Industries
13.7. Clear Path Recycling
13.8. Constar Internationals, Inc.
13.9. Container Corporation of Canada
13.10. Cospack America Corporation
13.11. Graham Packaging Company Inc.
13.12. Indorama Ventures Public Company Limited
13.13. Krones Ag
13.14. Ontario Plastic Container Producers Ltd.
13.15. PFR Nord GmbH
13.16. Phoenix Technologies
13.17. Plastipak Holdings, Inc.
13.19. Resilux NV
13.20. Rexam, Inc.
13.21. Schoeller Group
13.22. UltrePET, LLC
Annexure 1 Other PET Bottle Manufacturers (total of 100 companies listed)
Annexure 2 List of resin producers & suppliers
Annexure 3 List of Injection Molded Plastic Manufacturers
A selection of companies mentioned in this report includes:
- Alpack Plastics
- Alpha Packaging
- Amcor Limited
- BERICAP GmbH & Co. KG
- Berry Global, Inc
- CarbonLITE Industries
- Clear Path Recycling
- Constar Internationals, Inc.
- Container Corporation of Canada
- Cospack America Corporation
- Graham Packaging Company Inc.
- Indorama Ventures Public Company Limited
- Krones Ag
- Ontario Plastic Container Producers Ltd.
- PFR Nord GmbH
- Phoenix Technologies
- Plastipak Holdings, Inc.
- Resilux NV
- Rexam, Inc.
- Schoeller Group
- UltrePET, LLC