Europe PET Bottles Market Report and Forecast 2025-2034

Europe PET Bottles Market Outlook

The market size for PET bottles in Europe reached a value of more than USD 9.52 billion in 2023. The Europe PET bottles market is expected to grow at a CAGR of 4.4% between 2024 and 2032, reaching a projected value of USD 14.05 billion by 2032.

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News and Developments in the Market

In September 2023, Berry Global Inc. launched a fully accredited child-resistant (CR) complete pack solution for liquid healthcare products. PET bottles are widely recycled, and the design of the new plastic closure has been optimised to make it as lightweight as possible while maintaining its best-in-class CR functionality and audible ‘click’ safety warning.

In July 2023, Royal Hordijk launched a new branch in Germany’s Heusenstamm: with Hordijk Verpackungen GmbH. The new branch is the result of the demerger of cooperation organisation Miko-Hordijk GmbH. Hordijk also sets ambitious goals in Germany, expanding its reach in the Europe PET bottles market.

In May 2023, the European Commission, in an overhaul of its packaging laws, planned to include guidelines mandating targets for recycled content in all plastics. The industry has warned that such revisions to the packaging laws endanger the attempts of manufacturers to strive towards closed loop recycling.

In April 2021, Alpha Packaging, a leading decorator and manufacturer of high-quality plastic bottles and jars, announced that it had recently acquired Boxmore Plastics Limited located in Ballyconnell, County Cavan, Ireland. Alpha is a leading blow moulder of bottles and jars and is known for rapidly growing consumer markets, involving the pharmaceutical, personal care, nutrition, and niche food and beverage categories.

In September 2020, Acti Pack Andrézieux-Bouthéon-based packaging company announced a new range of polyethylene terephthalate (PET) packaging for usage in the health and personal care industry.

Key Trends in the Market

PET bottles are produced from polyethylene terephthalate which is a plastic resin and a type of polyester made by blending two monomers, named modified ethylene glycol and purified terephthalic acid. PET is a strong, lightweight, and clear plastic that is broadly employed for packaging foods as well as beverages, particularly convenient-sized juices, soft drinks, and water.

• The growth of the Europe PET bottles market is driven by the surging adoption of advanced technologies. New-generation filling technologies along with the expansion of heat-resistant PET bottles have launched new opportunities and possibilities.

• The increasing consumption of bottled water is aiding the market growth of PET bottles in Europe. The growing health concerns in Europe are likely to fuel the demand for mineral water in Europe which is further expected to boost the market growth of PET bottles in the region.

• The rise in demand for plastic is expected to lead to a short-term alteration in the short-term targets and initiatives of shifting toward a circular economy. This is expected to push forward the plastic manufacturing chain which is likely to support the market growth of PET bottles in the region.

• The surging demand from the cosmetic industry and bottled water industry along with the rise in the inclination toward modernisation are further expected to bolster the Europe PET bottles market demand.

• There are rising disposable incomes especially in emerging economies as well as rapid urbanisation. The hectic lifestyles of consumers are driving them to choose on-the-go beverages. This is driving the growth of the PET bottles in the region.

• The surging focus of several companies is to introduce more environment-friendly alternatives to regular polluting plastics which has resulted in saving on the usage of virgin plastics. This is expected to aid the market growth of PET bottles.

Market Analysis

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Based on technology, the Europe PET bottles market can be segmented into stretch blow moulding, injection moulding, extrusion blow moulding, and thermoforming, among others. Based on the application model, it can be categorised into beverages, food, personal care, household care, and pharmaceuticals, among others. The key regions of the market of the can be divided into Germany, the United Kingdom, France, Italy, and others.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Europe PET bottles market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• Amcor plc

• Berry Global Inc.

• Frapak

• ACTI PACK S.A.S.

• Alpha

• Others

Market Share by Technology

Blow moulding is a significant industrial process for making one-piece hollow plastic parts that feature thin walls, such as plastic soda bottles, water cans, and shampoo bottles, among others. Based on the technology, the extrusion blow moulding segment is likely to witness significant growth in the Europe PET bottles market. This is because the technology facilitates multi-layer capability along with lower mould costs compared to injection blow moulding and supports the capability of forming handles.

Meanwhile, the rising demand for lightweight packaging is driving the stretch blow moulding segment growth in the PET bottles market in the region. The extensive usage of stretch blow moulding in manufacturing products from small to high capacities is likely to support the market growth of PET bottles. Stretch blow moulding technology aids in producing high-quality bottles employed in various industries like personal care, and food and beverage, among others which further attracts manufacturers, and this has led to high demand for stretch blow moulding in the Europe PET bottles market.

Market Share by Application

With an increase in the application of PET bottles across various industries, the beverage segment is augmenting considerable growth in the Europe PET bottles market share. Due to the benefits of PET bottles as they are produced at a lower cost and transported with less energy, are safe, and are convenient to use, the demand for PET bottles is holding considerable revenue in the market. This is further encouraging the demand for PET bottles in the alcoholic beverage industry. PET is exceptionally lightweight, recyclable, adaptable, sustainable, and has several design options, unlike glass which is making it the preferred packaging material for various beverage enterprises.

Market Share by Region

Geographically, the United Kingdom is expected to witness significant growth in the Europe PET bottles market due to the high adoption of plastic bottles in the food and beverage industry. The growing younger population in the country along with the fast-growing economy has led to an income increase because of changing consumer dietary patterns and rising disposable incomes. This is expected to fuel the market growth in the country. Further, with the presence of various manufacturing facilities in the region coupled with the presence of major market players in the region, the market growth of PET bottles is likely to propel over the coming years.

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Competitive Landscape

Amcor is a global leader the development and production of responsible packaging for beverage, food, medical, personal care, home, and pharmaceutical products, among others, with a strong presence in the Europe PET bottles market. The company deals in finishing and print technologies for flexible packaging that separates brands on the shelf along with offering an improved brand experience during the purchase and within the home.

Berry Global, Inc. is a company that produces innovative packaging along with engineered products that are believed to benefit the planet and people. The company aims to develop protective and packaging solutions that meet the performance needs, environmental impact targets, as well as aesthetic requirements of clients. It commits to aiding every consumer in making transformative leaps for their sustainability goals along with resolving whatever challenges come next in an individual’s business.

Alpha is a company that offers manufacturing and decoration of bottles and jars for the nutritional, personal care, pharmaceutical, automotive, household chemical, and niche food and beverage markets. The company has tool-making capabilities, from unit body cavity moulds to high-cavity production tooling, and provides automated container decorating services that are high speed through its container decorating division Technigraph.

Other market players include ACTI PACK S.A.S. and Frapak.

Key Highlights of the Report