Global PET Packaging Market to Reach US$ 130.4 Billion by 2033, Driven by Sustainability and Innovation

The global PET packaging market is on an upward trajectory, projected to reach US$ 130.4 billion by 2033. This translates to a Compound Annual Growth Rate (CAGR) of 4.9% from 2023 to 2033. PET: A Lightweight and Sustainable Choice A key driver of market growth is the inherent advantages of PET packaging. Compared to glass, …

PET Packaging Market is Estimated to Reach US$ 124.1 Bn by the End of 2032.

The worldwide PET packaging market is assessed arrive at a valuation of US$ 77.2 Bn in 2022. With deals developing at a 4.9% CAGR, the market size is projected to top US$ 124.1 Bn by 2032. PET material is a lightweight and clear plastic that is ordinarily utilized for packaging items. It is accessible in both unbending …