PET Packaging Market Size & Share, Regional Demand, Future Scope, Challenges and Key Players Analysis till 2029, Fortune Business Insightshttps://www.fortunebusines...
The global PET packaging market size was valued at USD 37.85 billion in 2021. The market is projected to grow from USD 39.23 billion in 2022 to USD 55.46 billion by 2029, exhibiting a CAGR of 5.1% during the forecast period.

COVID-19 Impact

Increasing Demand for Online Shopping Fueled the PET Packaging Market Growth

The pandemic has forced restaurants and other food services to remain close during COVID-19, and grocery demand varied drastically. The demand for packaging will therefore rise as customers continue to migrate to supermarket shopping. This trend is fueled by consume