Recycled Polyethylene Terephthalate Market (RPET)
Packaging Market by 2028, Size, Share, Emerging Trends, Historic Analysis
and Industry Growth Factors

The recycled
polyethylene terephthalate market (RPET) packaging market would increase at
a pace of 4.10% from 2021 to 2028, reaching an anticipated value of USD 21.56
billion. The packaging market for recycled polyethylene terephthalate (RPET) is
developing as a result of growing applications for RPET fibre in the packaging
sector.

The extensively used polymer polyethylene terephthalate is
commonly referred to as PETE or PET. It is a naturally translucent plastic that
is extensively used for everyday items. Recycled-PET is frequently used in the
packaging of food and drink, medicines, cosmetics, and electrical items because
of its abilities to inhibit the growth of mould, fungus, and bacteria.

Growing consumer awareness of plastics recycling combined
with favourable government regulations regarding plastics recycling, low
production cost of recycling polyethylene as compared to other polymers, rising
product consumption for the end-user application, and rising demand for bottled
beverages are all important factors accelerating the market growth.

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Recycled Polyethylene Terephthalate Market (RPET)
Packaging Market Scope and Market Size

• Based
  on type, the recycled polyethylene terephthalate market (RPET)
  packaging market is segmented into clear and colored.


• The
  recycled polyethylene terephthalate market (RPET) packaging market is also
  segmented on the basis of end-user industry into fibers, sheets and films,
  strapping, food-grade bottle and containers, non-food-grade
  bottle and containers and others.

Recycled Polyethylene Terephthalate Market (RPET)
Packaging Market Country Level Analysis

Asia-Pacific dominates the recycled polyethylene
terephthalate market (RPET) packaging market due to increasing demand for food
and non-food bottles across a large number of end-use industries and improving
economic conditions in this region.

Latin America is expected region in terms of growth in
recycled polyethylene terephthalate market (RPET) packaging market due to
rising technological advancement and modernization in the production
techniques, growing awareness regarding recycling of plastics coupled with
favorable government regulations regarding the recycling of plastics, low
production cost of recycling polyethylene as compared to other polymers and
rising product consumption for the end-user application in this region.

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Competitive Landscape and Recycled Polyethylene
Terephthalate Market (RPET) Packaging Market Share Analysis

The recycled polyethylene terephthalate market (RPET)
packaging market competitive landscape provides details by competitor. Details
included are company overview, company financials, revenue generated, market
potential, investment in research and development, new market initiatives,
global presence, production sites and facilities, production capacities,
company strengths and weaknesses, product launch, product width and breadth,
application dominance. The above data points provided are only related to the
companies’ focus related to recycled polyethylene terephthalate market (RPET)
packaging market.

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The major players covered in the recycled polyethylene
terephthalate market (RPET) packaging market report are Placon, Verdeco
Recycling Midwest Inc, Montello Spa, Antares Chem Private Limited, Indorama
Ventures Public Company Limited, Zhejiang Anshun Pettechs Fibre Co.,Ltd.,
PolyQuest, Evergreen Plastics, Phoenix Technologies Ltd., M&G Chemicals S.A
and LIBOLON among other domestic and global players. Market share data is
available for global, North America, Europe, Asia-Pacific (APAC), Middle East
and Africa (MEA) and South America separately. DBMR analysts understand
competitive strengths and provide competitive analysis for each competitor
separately.