Dublin, Jan. 20, 2025 (GLOBE NEWSWIRE) — The “Polyethylene Terephthalate Market Size, Share & Trends Analysis by Application, Packaging Application, and Region, 2025-2030” report has been added to ResearchAndMarkets.com’s offering.
The global polyethylene terephthalate market size is expected to reach USD 54.47 billion by 2030, registering a CAGR of 5.6% from 2025 to 2030.
The globally increasing demand for efficient and eco-friendly packaging solutions coupled with the rising consumption of packaged & processed food has resulted in an increased demand for PET in food packaging applications. Moreover, the shifting trend of consumers toward the use of recyclable containers for food packaging is further boosting the demand for PET. Various other properties offered by the material also make it ideal for use in films and sheets, which are highly demanded by the medical packaging industry.
Various advancements are being made in PET to efficiently meet the needs of consumers and brand owners, which include enhanced food safety, improved sustainability, and reduced cost. Manufacturers of PET are focusing on product innovations and expansion of their production capacity to cater to the growing demand for sustainable and bio-based PET. This is one of the key drivers expected to propel the PET market growth over the forecast period.
Polyethylene Terephthalate Market Report: Highlights
- The packaging segment dominated the market and accounted for the largest revenue share of 82.4% in 2024. This growth can be attributed to the increasing demand for sustainable and recyclable materials.
- The films and sheets segment is expected to grow at a CAGR of 5.5% over the forecast period, owing to its superior mechanical strength and flexibility, which make it ideal for a variety of applications, including pressure-sensitive adhesives and magnetic tapes.
- The packaging application segment is further categorized into carbonated soft beverages, juices, thermoforming trays, alcoholic beverages, bottled water, food packaging, and non-food packaging.
- The juices packaging segment is expected to grow at a CAGR of 5.9% from 2025 to 2030, owing to the rising demand for convenient and portable beverage options.
- The Asia-Pacific polyethylene terephthalate market dominated the global market and accounted for the largest revenue share of 38% in 2024. This growth can be attributed to rising consumer demand for sustainable packaging solutions.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
Key Attributes
| Report Attribute | Details |
| No. of Pages | 100 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $39.12 Billion |
| Forecasted Market Value (USD) by 2030 | $54.47 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
Key Topics Covered
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Insights
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Polyethylene Terephthalate Market Variables, Trends & Scope
3.1. Global Polyethylene Terephthalate Market Outlook
3.2. Industry Value Chain Analysis
3.3. Average Price Trend Analysis
3.4. Supply-Demand Gap Analysis, 2024
3.5. Regulatory Framework
3.5.1. Policies and Incentive Plans
3.5.2. Standards and Compliances
3.5.3. Regulatory Impact Analysis
3.6. Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Industry Challenges
3.7. Porter’s Five Forces Analysis
3.8. PESTEL Analysis
Chapter 4. Polyethylene Terephthalate Market: Application Outlook Estimates & Forecasts
4.1. Polyethylene Terephthalate Market: Application Movement Analysis, 2024 & 2030
4.1.1. Packaging
4.1.2. Films & Sheets
4.1.3. Others
Chapter 5. Polyethylene Terephthalate Market: Packaging Application Outlook Estimates & Forecasts
5.1. Polyethylene Terephthalate Market: Packaging Application Movement Analysis, 2024 & 2030
5.1.1. Bottled Water
5.1.2. Carbonated Soft Beverages
5.1.3. Juices
5.1.4. Alcoholic Beverages
5.1.5. Thermoforming Trays
5.1.6. Food Packaging
5.1.7. Non-Food Packaging
5.1.8. Others
Chapter 6. Polyethylene Terephthalate Market Regional Outlook Estimates & Forecasts
6.1. Regional Snapshot
6.2. Polyethylene Terephthalate Market: Regional Movement Analysis, 2024 & 2030
6.3. North America
6.4. Europe
6.5. Asia-Pacific
6.6. Latin America
6.7. Middle East & Africa
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, by Key Market Participants
7.2. Vendor Landscape
7.2.1. Company Categorization
7.2.2. List of Key Distributors and Channel Partners
7.2.3. List of Potential Customers/End Users
7.3. Competitive Dynamics
7.3.1. Competitive Benchmarking
7.3.2. Strategy Mapping
7.3.3. Heat Map Analysis
7.4. Company Profiles/Listing
7.4.1. Indorama Ventures
7.4.2. Far Eastern New Century
7.4.3. DAK Americas
7.4.4. Nan Ya Plastics Corporation
7.4.5. SABIC
7.4.6. Dupont
7.4.7. Lotte Chemical Corporation
7.4.8. LAVERGNE, Inc.
7.4.9. Amcor plc
7.4.10. Reliance Industries
7.4.11. Octal Petrochemicals
7.4.12. Jiangsu Sanfangxiang Group Co. Ltd.
7.4.13. Eastman Chemical Company
For more information about this report visit https://www.researchandmarkets.com/r/a5n84f
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- Polyethylene Terephthalate Market
