Bio-based PET Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR45306

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 Bio-based PET Market - 2021-2025

The bio-based PET market size is expected to reach a value of 1255.79 thousand tons, at a CAGR of 45.44%, during 2021-2025. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as increasing demand from carbonated soft drink (CSD) market are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

Bio-based PET Market Size

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Bio-based PET Market Segments

Get actionable insights on the bio-based PET market segments to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Navigate through market segmentation by application (bottles and others) and geography (APAC, Europe, North America, South America, and MEA) in this bio-based PET market report to pursue growth opportunities. 

Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic bio-based PET market predictions on-demand changes for 2021-2025? You can buy the report now with one easy click.

Bio-based PET Market Vendors and Competitive Analysis

The bio-based PET market size report discusses the current market structure in-depth and how it will shape up during the forecast period based on the entry and exit of market players. At present, the bio-based PET market is concentrated and the vendors are deploying growth strategies such as launching new products and expanding business to gain a competitive advantage. Take a look at our sample report to get an idea of the well-thought-out business planning approaches of key players.

The bio-based PET market share report highlights the repercussions of the effects of the pandemic across regions and segments, and the entire value chain. To make the most of the emerging opportunities and recover from adverse COVID-19 shock, the market vendors should focus more on leveraging change in consumer behavior and growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

Buy the full bio-based PET market forecast report for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Bio-based PET Market Vendors

Bio-based PET Market - Region Opportunities 2021-2025

51% of the bio-based PET market growth will originate from APAC during the forecast period. China and Japan are the key markets for bio-based PET market in APAC. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!

Bio-based PET Market Share by Geography

APAC has been exhibiting a significant growth rate for bio-based PET market vendors. Factors such as rising demand for bio-based PET in countries such as China and India are accelerating the bio-based PET market growth in APAC. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

The bio-based PET market share growth in APAC will be faster than the growth of the market in other regions. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Bio-based PET Market Insights by Application

Bio-based PET Market Share by Application

To gain further insights on the market contribution of various segments Request for a FREE Sample!

The bio-based PET market share growth by the bottles segment will be significant during the forecast period. Bio-based PET is used for packaging mineral water, CSDs, dairy products, alcohol, and beverages. It is also used for manufacturing bottle caps. The ever-rising population in developing countries has significantly increased the consumption of CSDs, which, in turn, has fueled the demand for bio-based PET bottles. This report provides an accurate prediction of the contribution of all the segments to the growth of the bio-based PET market size.

From the bio-based PET market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentations will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.

Bio-based PET Market Drivers & Trends

Even if the success rate of a business is higher, every factor, including challenges, influencing any market growth needs to be considered to mitigate potential risks at an earlier development stage. One of the key factors impeding the bio-based PET market growth is high price and shortage of raw materials. Purchase our express report to get exhaustive insights on the key industry trends, drivers, and challenges, which will help companies evaluate and build growth strategies.

Technavio research analysts have done an in-depth analysis of the bio-based PET market trends, drivers, and challenges in terms of their long-term and short-term effects. This data will help players map their growth prospects across key and emerging markets.

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Bio-based PET Market Report Outlook

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive bio-based PET market growth during the next five years
  • Precise estimation of the bio-based PET market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the bio-based PET market across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of bio-based PET market vendors

Buy the Bio-based PET Market report now to reimage your business strategies!


Bio-based PET Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 45.44%

Market growth 2021-2025

1255.79 th tons

Market structure


YoY growth (%)


Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 51%

Key consumer countries

US, China, Germany, Canada, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Braskem SA, Danone SA, Gevo Inc., Nestle SA, Origin Materials, PepsiCo Inc., Plastipak Holdings Inc., The Coca-Cola Co., Toray Industries Inc., and Toyota Tsusho Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The bio-based pet market growth will increase by $11464.00 million during 2019-2024.
The bio-based pet market is expected to grow at a CAGR of 19.93% during 2019-2024.
Technavio has segmented the bio-based pet market by application (Bottles and Others) and geographic (APAC, Europe, North America, South America, and MEA).
Braskem SA, Danone SA, Gevo Inc., Nestle SA, Origin Materials, PepsiCo Inc., Plastipak Holdings Inc., The Coca Cola Co., Toray Industries Inc., Toyota Tsusho Corp. are a few of the key vendors in the bio-based pet market.
APAC will register the highest growth rate of 34.91% among the other regions. Therefore, the bio-based pet market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • Germany
  • Canada
  • Japan
The key factors driving the bio-based pet market growth are:
  • Increasing demand from carbonated soft drink (CSD) market
The bio-based pet market vendors should focus on grabbing business opportunities from the bottles segment as it accounted for the largest market share in the base year.
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