India PET bottle market size reached 860.95 Thousand Tons in 2023. Looking forward, IMARC Group expects the market to reach 1,204.35 Thousand Tons by 2032, exhibiting a growth rate (CAGR) of 3.80% during 2024-2032. Partnerships between packaging manufacturers, beverage producers, and recyclers are fostering a more integrated and sustainable approach, which is primarily augmenting the market growth across the country.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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860.95 Thousand Tons |
Market Forecast in 2032
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1,204.35 Thousand Tons |
Market Growth Rate 2024-2032 | 3.80% |
A polyethylene terephthalate bottle, commonly referred to as a PET bottle, is a type of plastic container extensively employed for packaging beverages and other liquids. Constructed from a thermoplastic polymer resin resulting from the combination of terephthalic acid and ethylene glycol, this polymer exhibits robust, lightweight, and durable characteristics, making it an excellent choice for crafting easily transportable and storable bottles. Moreover, its widespread use is attributed to its cost-effectiveness and straightforward manufacturing process. Various techniques, including injection molding, stretch blow molding, and extrusion blow molding, are employed in its production, enabling the creation of bottles in diverse sizes, shapes, and colors. Furthermore, its recyclability is a notable feature, as PET bottles can be melted down and repurposed to manufacture new bottles, contributing to waste reduction and resource conservation.
The India PET bottle market is currently experiencing a transformative phase, driven by a convergence of factors that underscore the dynamic evolution of packaging and beverage industries. Firstly, technological advancements have emerged as a primary driver, reshaping the PET bottle landscape. Additionally, innovations in manufacturing processes, such as advanced injection molding and blow molding techniques, are enhancing production efficiency, allowing for a diverse range of bottle sizes, shapes, and designs. Besides this, with increasing environmental awareness, the industry is witnessing a shift towards eco-friendly practices. Moreover, manufacturers are exploring and implementing methods to reduce the environmental impact of PET bottles, including lightweighting designs to minimize material usage and promoting recycling initiatives. Additionally, the pandemic-induced preference for single-use, hygienic packaging has further accelerated this trend. Collaboration across the supply chain is emerging as a key trend in the India PET bottle market. Moreover, from technological advancements and sustainability initiatives to the growing beverage industry's impact and collaborative supply chain approaches, the PET bottle sector is adapting to meet the demands of a changing market landscape. This, in turn, is expected to fuel the market growth across the country in the coming years.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on capacity, color, technology, distribution channel, and end use.
Capacity Insights:
The report has provided a detailed breakup and analysis of the market based on the capacity. This includes high, medium, and low.
Color Insights:
A detailed breakup and analysis of the market based on the color have also been provided in the report. This includes transparent and coloured.
Technology Insights:
The report has provided a detailed breakup and analysis of the market based on the technology. This includes stretch blow molding, injection molding, extrusion blow molding, thermoforming, and others.
Distribution Channel Insights:
A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes business to business and retail (supermarkets and hypermarkets, convenience stores, online, and others).
End Use Insights:
The report has provided a detailed breakup and analysis of the market based on end use. This includes packaged water, carbonated soft drinks, food bottles and jars, non-food bottles and jars, fruit juice, beer, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | Thousand Tons |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Capacities Covered | High, Medium, Low |
Colors Covered | Transparent, Coloured |
Technologies Covered | Stretch Blow Molding, Injection Molding, Extrusion Blow Molding, Thermoforming, Others |
Distribution Channels Covered |
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End Uses Covered | Packaged Water, Carbonated Soft Drinks, Food Bottles and Jars, Non-Food Bottles and Jars, Fruit Juice, Beer, Others |
Regions Covered | North India, West and Central India, South India, East and Northeast India |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |