Global PET Packaging Market Size is Expected to Reach US$ 87.7 Billion by 2025

According to IMARC Group’s latest report, titled “ PET Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 ”, the global PET packaging market reached a value of US$ 66.9 Billion in 2019. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.6% during 2020-2025 and reach a value of US$ 87.7 Billion by 2025. Request for a free sample copy of this report @ https://www.imarcgroup.com/pet-packaging-industry-report/requestsample Polyethylene terephthalate (PET) is a polyester type that can be shaped into various packaging containers. It is manufactured by melting pellets of PET resin and extruding molten liquid into desirable shapes. The packaging is thermally stable, durable, unbreakable, and resistant to microorganisms, which prevents the content from degrading and ensures sustained quality. It also provides high dimensional stability and resistance to moisture, solvents, and alcohols, along with moderate resistan...