PET Preforms Rising Demand for Packaged Drinks and Beverages
The demand for PET preforms is increasing on the account of high consumption of convenient beverages such as ready-to-drink coffee, tea, soft drinks, mineral water, and juices across the globe. This demand is attributed to the rising working population coupled with rising concerns about obesity and other health complications. Shifting consumer preference towards a healthier lifestyle has resulted in high demand for energy drinks and sugar-free and low-sugar soft drink varieties, which is likely to propel the demand for PET preforms.
PET preform Manufacturers in this market are focusing on incorporating value-adds like probiotics, functional ingredients, and even animal proteins into their products.
Growing Demand for PET Preforms in Cosmetics Industry
PET preforms are extensively used in cosmetic packaging due to a number of benefits offered by it. PET packaging uses significantly less energy and natural resources during the manufacturing process compared to glass packaging production. Additionally, it is recyclable, lightweight, non-reactive as well as chemical resistant. Moreover, it exhibits low permeability to humidity and gases which improves the shelf-life of products, thus driving the demand for PET preforms.
All the above-mentioned properties make PET preform as a suitable choice of packaging material for cosmetics products, thereby driving the global market during the assessment period.