The global consumption of PET packaging will grow to almost 19.1 million tonnes by 2017 predicts Smithers Pira in a new market study. Driven mainly by increasing demand in emerging and transitional economies, the market will grow 5.2% per annum with a focus on Asia Pacific, South and Central America, Central and Eastern Europe, and the Middle East and Africa. Barrier PET bottles and jars for juices, milk, teas, beer, wine, and food are forecast to register strong growth over the period 2012 to 2017.
“The Future of Global PET Packaging to 2017” provides a detailed analysis of PET packaging markets and technology trends for the period 2012 to 2017, with particular emphasis on the impact of the global economic downturn of 2008 to 2009 on the PET packaging market. It also presents volume and value data forecasts for PET packaging for the period 2012 to 2017 by end-use sector, and geographic markets. The study is based on a combination of primary and secondary data gathered during Pira's research program for the global packaging industry.
