The global PET preforms market revenue was around US$ 24.0 billion in 2023 and is estimated to reach US$ 35.4 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.5% during the forecast period from 2024 to 2032.

Preforms produced from polyethylene terephthalate (PET) are known as PET Preforms. PET Preforms are an ideal way of producing PET bottles quickly. PET preforms are manufactured utilizing a mold on an injection system, which is blown into a container for non-edible or edible liquids on a blow molding system.

Factors Influencing Market Growth

- The PET preforms market is anticipated to see high growth potential in the future due to its extensive usage of Standard PCO, ROPP, Alaska, CTC Preforms, and others.

- The rise in demand in demand for packaged beverages increased the growth of the PET preforms market during the forecast period.

- The challenges to recycling PET bottles are estimated to restrain the development of the PET preforms market.

- The augmented demand for PET preforms from a broad range of end-use industries is anticipated to present great growth opportunities for the PET preforms market.

Impact of COVID-19

The shutdown of the manufacturing sector impacted the production of PET preforms as the primary emphasis was on daily products and consumer goods. The lockdown influenced the production powers due to disruption in the supply chain and a lack of labor. This has resulted in companies encountering delays in out-of-stock products and deliveries. But in the present scenario market is in the recovery stage as manufacturers are functioning at their total capacity.

Regional Analysis

In 2023, Asia-Pacific dominated the global PET preforms market in terms of revenue and is anticipated to maintain its dominance during the forecast period. The emerging economies in this region have enabled the pharmaceutical sector as there has been ongoing research and development along with the installation of technologically developed equipment.

Leading Companies

The leading prominent companies profiled in the global PET preforms market are:

- PLASTIPAK HOLDINGS, INC.
- Retal Industries LTD.
- RESILUX NV
- Taiwan Hon Chuan
- Manjushree Technopack Ltd.
- KOKSAN Pet Packaging Industry Co.
- Esterform Ltd
- RAWASY
- CAIBA
- Eskapet Pet Product Ltd.
- Other prominent key players

Segmentation Outline

The global PET preforms market segmentation focuses on Neck Size, Type, Application, and Region.

Segmentation based on Neck Size

- Lower
- 25 Mm
- 28 Mm
- 29 Mm
- 30 Mm
- 38 Mm
- Larger

Segmentation based on Type

- ROPP
- Standard PCO
- Alaska
- CTC Preforms
- Others

Segmentation based on Application

- Others
- Carbonated Soft Drinks
- Water
- Food
- Non Carbonated Drinks
- Cosmetics and Chemical

Segmentation based on Region

- North America
- The U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa