The PET plastic bottle (polyethylene terephthalate) is the second most popular consumer pack type in the global consumer packaging marketplace, after flexible plastic (in 2016 retail unit volume sales) and is set to grow by 3.9% over the next five years, according to market research provider Euromonitor (euromonitor.com).
PET is outpacing growth of other packaging materials because of its flexibility in form and size, especially in beverages when compared to arch rivals, such as the beverage can, glass bottle and liquid carton. The re-closability afforded by the PET bottle for on-the-go convenience is a pertinent, core strength of the format. When it comes to global prospects for the PET bottle, Asia Pacific is a particular stand-out region that shows an increasing propensity for this pack format.