The latest report by IMARC Group, titled “North America PET Bottle Market Report by Capacity (High, Medium, Low), Colour (Transparent, Colored), Technology Type (Stretch Blow Molding, Injection Molding, Extrusion Blow Molding, Thermoforming, and Others), End-Use (Packaged Water, Carbonated Soft Drinks (CSD’s), Food Bottles and Jars, Non-Food Bottles and Jars, Fruit Juice, Beer, and Others), and Country 2025-2033,” finds that the North America PET bottle market size reached 3.62 Million Tons in 2024. Polyethylene terephthalate (PET) is a thermoplastic polymer resin of the polyester family that is used to produce plastic bottles. They are produced by the polymerization of purified terephthalic acid (PTA) and ethylene glycol (EG) in the presence of a catalyst. They are generally made up of plastic resins, such as PET, polypropylene (PP), low-density polyethylene (LDPE), and highly-density polyethylene (HDPE). They are durable, cost-effective, sustainable, transparent, lightweight, non-reactive, eco-friendly, and thermally stable. Owing to these benefits, PET bottles are widely used in the packaging of medicines, household cleaners, drinking water and beverages, mouthwashes, and dish detergents across the globe.
North America PET Bottle Market Trends:
The market is primarily driven by the rising demand for bottled drinks due to their convenience. In addition, the growing inclination toward healthy beverages and on-the-go beverage options due to hectic lifestyles is contributing to the market growth. Moreover, various technological advancements, including the introduction of plasma-based coatings, resulted in the increased natural resistance of PET bottles which represents another major growth-inducing factor. Besides this, the widespread adoption of energy drinks on account of the increasing popularity of athleticism, rising health concern, and shifting dietary patterns are accelerating the product adoption rate. Along with this, the launch of new flavors with health benefits and the infusion of silver in the bottle is also helping in increasing the shelf life of the product, which is propelling the market growth. Furthermore, the growing environmental concerns among consumers, product innovations, and mergers and acquisitions (M&A) among key market players are other factors creating a favorable market outlook. Looking forward, IMARC Group expects the market volume to reach 4.33 Million Tons by 2033, exhibiting a CAGR of 1.93% during the forecast period (2025-2033).
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million Tons |
Segment Coverage | Capacity, Colour, Technology Type, End-Use, Country |
Countries Covered | United States, Canada |
Customization Scope | 10% Free Customization |
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) |
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