Global consumption of PET packaging to grow to over 20m tonnes by 2019
Published: 2014-04-15 Views: 16
Core Tip: A new report from an ongoing series of packaging market forecasts from Smithers Pira predicts that by 2019 global consumption of PET packaging will grow to over 20 million tonnes
This will be driven mainly by increasing demand in emerging and transitional economies, with the market will grow 4.6% annually during the period 2014-19.
Smithers Pira also says PET bottles for water, wine and spirits, plus PET for dairy, pharmaceutical and medical will register strong growth.