The first five-year cumulative revenue (2017-2021) is projected to be US$ 98.5 Bn, which is expected to increase significantly over the latter part of the five-year forecast period.
Global PET Preforms Market: Segmental Snapshot
By neck size: The 28mm segment accounted for highest revenue share contribution as compared to other segments, and is expected to register a CAGR of over 6% between 2017 and 2026, owing to its wide application across soft drinks, food items, cosmetics, and others.
By application: The carbonated drinks segment is projected to account for highest revenue share as compared to that of other application segment, and register a CAGR of over 6% over the forecast period, owing to increasing consumption of carbonated drinks in developing countries such as India, China, Brazil, Mexico, and others.
By region: The market in Asia Pacific accounted for highest revenue share in the PET preforms market in 2016, and is expected to register a CAGR of over 6 % between 2017 and 2026, owing to the presence of prominent players in the region.
The research report on the global PET preforms market includes profiles of some of major companies such as Retal Industries LTD., Plastipak Holdings, Inc., RESILUX NV, Taiwan Hon Chuan Enterprise Co., Ltd., Zhuhai Zhongfu Enterprise Co. Ltd., Rawasy Al Khaleej Plastic Ind., Societe Generale des Techniques, Indorama Ventures Public Company Limited, ALPLA Werke Alwin Lehner GmbH & Co KG, and KOKSAN Pet Packaging Industry Co.
Infographic by PET Preforms Market