See What’s Possible in Packaging & Processing @ PACK EXPO International
See packaging & processing solutions from 2,700 exhibitors and gain insights from 150+ free educational sessions at PACK EXPO International.
REGISTER NOW

Create a free Packaging World account to continue reading

PIRA Forecasts PET Consumption

Global consumption of PET for packaging is valued at €17 billion this year, and is forecast to reach €24 billion by 2011. That’s according to a new study, The Future of Global Markets for PET Packaging from Pira Intl.

Pw 9605 Statshots 0906

(www.piranet.com).

Available for $6길, the report analyzes the PET packaging sector, including end-use markets, geographic regions, and cutting-edge technologies. Among the publication’s findings are the following:

• The United States is the largest user of PET packaging, followed by China and Mexico.

• Asia Pacific, central and eastern Europe, and parts of Latin America showed the strongest growth between 2001 and 2006.

• Due to a combination of market saturation for PET and a consumer trend favoring healthier beverage options, the carbonated soft drink sector has been growing more slowly than other applications in the past five years.

• Beer is forecast as the fastest-growing application for PET packaging in the next five years, with a 13% annual growth rate, “albeit from a relatively low base,” says Pira. To order the report, contact Neil Johnston at 011/44.1372.802.262, or by e-mail at [email protected]. —Jim Butschli

Need help with your packaging project?
We’ve done the legwork to identify and vet experienced packaging and processing consultants you can contact directly for your next project. Decades of combined experience in packaging line engineering, machinery selection, package and materials development, and food processing operations.
See your advisor options now.
Need help with your packaging project?
Co-packers: the competitive gap is widening
Brands want more than low bids. See what automation, services, and sustainability mean for CM/CPs in 2026.
Read More
Co-packers: the competitive gap is widening