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PET Packaging Market size 2020 Trends, Development History, Current Assessment, Business Strategy, Upcoming Trends Of Industry

PET Packaging Market size The PET packaging market is predicted to grow at a healthy CAGR between 2021- 2028, states the recent Market Research Future (MRFR) analysis. PET or polyethylene terephthalate is a kind of polyester. This is expelled or shaped into plastic jugs and boxes to pack food and refreshments, personal care items, and other consumer products. Such PET materials have various properties that make it have an upper hand over other forms of conventional packaging technologies such as good barrier properties, lightweight, high-pressure resistance, shiny surface, good stability, and high transparency. Various factors are propelling the Pet Packaging Market . As per the current MRFR report, such factors include increasing adoption in household products and food and beverages industry, increasing use in the cosmetics and personal care sector, shifting preference of consumers towards recyclable and eco-friendly materials, ongoing technological advances, and increasing promotiona