![]() However, the growth rate of polyethylene terephthalate (PET) preforms and the high price of PET Preforms will slow down the market. ![]() The market is also driven by important factors like increased disposable income and the modernization of people's lifestyles Additionally, the need for PET Preforms in the medical and pharmaceutical industries has grown due to increased demand for medicine packaging.Īs carbonated soft drinks and water consumption increase, so will the demand for PET Preforms. Both rising consumer demand and rising cosmetic sales for businesses bring this on. The rising consumer demand for PET Preforms in the cosmetic and personal care industries has favorably impacted the expansion of the PET Preforms market. The demand for PET Preforms in the personal care & cosmetics sectors has increased due to the longer shelf lives and variety of packaging possibilities these materials provide. To receive more information on the Preform Coating System, please contact us.The Global PET Preform Market is valued at USD 14.8 Billion in 2021 and is projected to reach USD 18.4 Billion by 2028 at a CAGR of 3.7% over the forecast period.
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