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China PET preform market is set to grow at a compound annual growth rate (CAGR) of 3.94% from 2018 to 2023

Author: QYResearch | Publish date: 2018-05-17 | Views: 73
The China PET preforms production market was 35.1 billion pcs in 2016 and is expected to grow at a CAGR of 3.94% from 2018 to 2023 The China PET preforms market was valued at USD 732 Million in 2016. Overall, the PET preforms products performance is positive with the China economic recovery.


Publisher: QYResearch

Published Date: 2018-05-17

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The technical barriers of PET preforms are relatively low, resulting in numerous manufacturing enterprises. In the market, there are some relatively large enterprises, such as Zijiang Enterprise, Zhuhai Zhongfu Enterprise,Hon Chuan Group,SLZT. And their plants mainly distribute in South China and East China. They are the largest region, more than 80% production share, followed by Southwest China with about 3.4% production share in 2016.


PET preforms have a wide range of applications. PET preforms are blown into bottles by preforms enterprises or by the customer, and then filled with water, soft drinks, edible oils, ketchup, detergents, milk, beer, wine, fruit juices, etc. With the increasing of China population and dispensable income, growing demand for consumer goods has driven the growth of China PET preforms market. The demand for PET preforms is expected to continue increasing during the remaining years of the forecast period of 2018-2023. PET preforms industry will usher in a stable growth space.  


In the past few years, the price of PET preforms has sharply decreased and we expect the price will slightly lower. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of PET preforms. 



The China PET Preform Market Research Report 2017 report released by QYResearch provides a basic overview of the PET preforms industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the PET preforms industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.


Click to view the full report:https://www.qyresearch.com/index/detail/225233/global-elastomeric-couplings-market
QYResearchglobal focus on market survey and report 
Media contact: press@qyresearch.com

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