The PET Packaging market is forecast to grow to $57 billion by 2017, according to a new report by Smithers Pira.
The packaging consultancy says global consumption of PET packaging will grow to almost 19.1 million tonnes by 2017. 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 & Central America, Central & 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 2012-17. Read the rest of this entry »









