Europe PET Bottles Market Size To Grow At A CAGR Of 4.4% In The Forecast Period Of 2023-2028

The ‘Europe PET Bottles Market Size, Share, Scope, Analysis, Report and Forecast 2023-2028’ by Expert Market Research, gives an extensive outlook of the Europe PET bottles market, assessing the market on the basis of its segments like technology, application, and country.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Europe PET Bottles Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 4.4%

Report Attribute	Details
Historical Period	2018-2022
Forecast Period	2023-2028
Base Year	2022
Market Size in 2021	USD 8.73 billion
Revenue Forecast in 2027	USD 11.33 billion
Growth Rate CAGR	4.4%
Major Players	Amcor plc, Berry Global Inc., Frapak, ACTI PACK S.A.S., Alpha and others.

Surging industrialisation and technological advancements have improved the market outlook for PET bottles. The Europe PET bottles market is being driven by its wide range of end users like the packaged food and beverages industry, cosmetics and personal care industry, and pharmaceutical industry.

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Owing to its durable and breakage-resistant nature, PET bottles are looked upon as a better alternative of plastic and thus, are gaining wide acceptance. The demand for transparent PET bottles in Europe is particularly on a rise due to its surging usage in the bottled water market.

The strong network of manufacturing units with reliable logistics all over Europe, ensures a strong supply chain and fuels the growth of the Europe PET bottles market. The incorporation of aseptic filling, hot filling and cool filling in this market adds to the shelf life of the products and thus, is expected to be a compelling factor for the expansion of this market. The low cost of shipping coupled with the minimal storage facilities required, further impact this market positively. The strong resistance of PET to react chemically makes its suitable for packaging of consumables, which is contributing to the rise in the demand for PET for packaging of edibles.

Europe PET Bottles Industry Definition and Major Segments

PET refers to polyethene terephthalate which is a lightweight, strong, and 100% recyclable plastic. It is widely used to make packaging containers used for storing beverages, oils, pharmaceuticals, shampoos, and many other consumer products. Owing to their flexibility, PET bottles can be moulded into any shape, thus boosting the aesthetic appeal, practicality, and applications of the bottles.

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On the basis of technology, the market is segmented into:

• Stretch Blow Moulding
• Injection Moulding
• Extrusion Blow Moulding
• Thermoforming
• Others

Based on application, the market is classified into:

• Beverages
  • Breakup by type
    • Packaged Water
    • Carbonated Soft Drinks
    • Fruit Juice
    • Alcoholic Beverages
• Food
• Personal Care
• Household care
• Pharmaceuticals
• Others

On the basis of country, the market is differentiated into:

• Germany
• United Kingdom
• France
• Italy
• Others

Europe PET Bottles Market Trends

The increasing inclination of the European population towards modernisation and their surging demand for cosmetics has surged the demand for PET bottles in Europe. The rapidly increasing urbanisation as well as the rising disposable income of the population are the key trends observed in the market that regulate the demand for PET bottles, thus bolstering the Europe PET bottles market. Furthermore, the growing working population with hectic lifestyles is encouraging people to opt for ready-to-go drinks, accelerating the demand for PET bottles.

Having smaller carbon footprints than its alternatives, PET bottles are increasingly being used by the population of Europe in order to reduce toxic emissions and promote sustainability. Adding to this, PET bottles use significantly less energy and natural resources like water and fossil fuels during its manufacturing process, which is why the Europe PET bottles market is anticipated to flourish in the near future.

The discarded PET bottles, unlike plastics, can be recycled and reused to make a variety of items like carpet fibres and fleecy jackets, which is encouraging people to switch to PET bottles and adding to the growth of this market. The rising popularity of sports drinks and the adoption of nutritional supplements by the growing population is generating a huge demand for PET bottles and is contributing to the growth of the Europe PET bottles market.

Key Market Players

The major players in the Europe PET bottles market report are :

• Amcor plc
• Berry Global Inc.
• Frapak
• ACTI PACK S.A.S.
• Alpha
• others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us :

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact :

Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

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China Online Food Delivery Market Size To Grow At A CAGR Of 14.5% In The Forecast Period Of 2023-2028

The ‘China Online Food Delivery Market Size, Share, Growth, Analysis, Report and Forecast 2023-2028’ by Expert Market Research, gives an extensive outlook of the China online food delivery market, assessing the market on the basis of its segments like platform, delivery type, payment method, and cities.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

China Online Food Delivery Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): USD 200.5 billion
• Forecast CAGR (2023-2028): 14.5%

Report Attribute	Details
Historical Period	2018-2022
Forecast Period	2023-2028
Base Year	2022
Growth Rate CAGR	14.5%
Major Players	Meituan Dianping, Ele.me, DiDi Food and others.

Regarded as the world’s biggest online food delivery market, the China online food delivery market is expected to grow manifold in the anticipated period. A major driving force of this market is the rising penetration of internet and smartphones amongst the population, which is bolstering the growth of this market. The rising disposable incomes is another compelling force that has a major influence on the surging market demand for online delivery items.

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The China online food delivery market is providing growing restaurants with a platform to enhance their visibility and generate profits in the long run, thus fuelling the overall market growth. Ease of use and additional features like interactive and user-friendly interface, ability to track orders and options for leaving feedback and ratings have led to the surging usage of online food delivery apps, strengthening the food delivery market. Introduction of measures to ensure food safety and quality like deletion of substandard restaurants from food-delivery apps has made the atmosphere favourable for the success of this market.

The adoption of biodegradable cutlery and elimination of plastics is emerging as a viable step taken by the China online food delivery market in order to promote sustainability and in online food delivery. The increasing availability of food items like hotpot and Cantonese food, which were earlier considered unsuitable for delivery, has further augmented the growth of this market.

China Online Food Delivery Industry Definition and Major Segments

Online food delivery refers to the process of ordering groceries and meals through the internet for delivery at a specific location, either directly through a website or with the help of a mobile application. Various platforms and restaurants offer easy and convenient means of food delivery, with payment options both online and in person. Online food delivery can deliver prepared food items through direct pickups from restaurants, and unprepared food items like groceries.

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On the basis of platform, the market is bifurcated into:

• Website
• Mobile Application

Based on type, the market is segmented into:

• Restaurant-to-Consumer Delivery
• Platform-to-Consumer Delivery

On the basis of payment method, the market is divided into:

• Online
• Cash on Delivery

Based on cities, the market is classified into:

• Shanghai
• Zhejiang
• Guangdong
• Jiangsu
• Beijing
• Others

China Online Food Delivery Market Trends

Online food ordering has become particularly prevalent among the sizeable working population of China, owing to their hectic lifestyles and preference to avoid dine-out. Low food delivery charges and the access to steep discounts and coupons are a key trend in the China online food delivery market that have made online food delivery a cheaper and more convenient option than dine-in. Market players are further expanding their product offerings by targeting tea-time snacks. The adoption of healthier lifestyles by the people in China has encouraged online food delivering platforms to tie-up with restaurants with availability of healthier food options.

With rapid digitisation, the online payment segment of the China online food delivery market is likely to witness a boom in the forthcoming period. Additionally, the market demand for deliverable food items is anticipated to witness a steep rise with the integration of AI and the usage of drones and robots in the foreseen period. The surging sales of pizza is likely to support the robust the growth of this market being a popular and frequently ordered food item in China. Lockdowns and social-distancing requirements have further, given rise to contactless deliveries which besides safety, provides additional benefits like hassle-free and time-saving services. The growing trend of hosting house parties has further increased the online food ordering as it saves a lot of time and efforts.

Key Market Players

The major players in the China online food delivery market report are:

• Meituan Dianping
• Ele.me
• DiDi Food
• others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact :

Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

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Global Contact Lenses Market Size To Grow At A CAGR Of 6.9% In The Forecast Period Of 2023-2028

The ‘Global Contact Lenses Market Size, Share, Trends, Growth, Analysis, Key Players, Report and Forecast 2023-2028’ by Expert Market Research, gives an extensive outlook of the global contact lenses market, assessing the market on the basis of its segments like material, design, application, distribution channel, and major regions.

Contact Lenses Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

•  Forecast CAGR (2023-2028): 6.9%

A key driver of the global contact lenses market is the rising cases of myopia and other refractive errors, especially among the working population, owing to the prolonged hours spent by them on digital screens. With the increasing geriatric population worldwide, the demand for ophthalmic products is on a rise. As consumers have become more specific about their comfort, there has been an increase in the demand for soft lenses as they allow easy flow of oxygen to the cornea. It is anticipated that in the next few years, there will be an increased number of ophthalmologists and eye specialists in the world, fuelling the growth of the global contact lenses market.

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The development of contact lenses with different designs and colours has been a captivating factor and is expected to compel consumers to invest in contact lenses in the forecast period. It is expected that due to rising disposable income of the population, increased investment on contact lenses is likely to be seen in the near future. Additionally, the availability of reusable and disposable contact lenses has bolstered wearability, and is expected to generate a favourable outcome for the contact lenses market on a global level. Due to their anti-fogging and anti-splattering nature, contact lenses have captured a sizeable market and are preferred by a large number of people.

Contact Lenses Industry Definition and Major Segments

Contact lenses are thin, curved lenses placed on the surface of the eyes for vision correction. The usage of contact lenses eliminates the need to carry spectacles that are bulky in nature, and also enhance the aesthetic appeal of the population of people suffering from visual defects like myopia, presbyopia, hypermetropia, glaucoma and astigmatism.

Read Full Report with Table of Contents- https://www.expertmarketresearch.com/reports/contact-lenses-market

On the basis of material, the market is segmented into:

•  Gas permeable
•  Silicon hydrogel
•  Hybrid

Based on design, the market is classified into:

•  Spherical lens
•  Toric lens
•  Multifocal lens
•  Others

On the basis of application, the market is divided into:

•  Corrective
•  Therapeutic
•  Cosmetic
•  Prosthetic
•  Lifestyle-oriented

Based on distribution channel, the market is differentiated into:

•  Eye care professionals
•  Retail
•  Online

On the basis of region, the market is segmented into:

•  North America
•  Europe
•  Asia Pacific
•  Latin America
•  Middle East and Africa

Contact Lenses Market Trends

The impact of globalisation and the thriving e-commerce sector on the global contact lenses market is extensive. The surging online sales can be attributed to the entry of various e-pharmacy players in the market. A key trend witnessed in the market is the surging demand for contact lenses for cosmetic purposes. Nowadays, there is a sizable market for coloured contact lenses, including artists and film actors, who usually prefer zero-power lenses for aesthetic appeal. Prosthetic contact lenses are progressively emerging as an effective solution to conceal serious eye infections and injuries and enhance visual appearance. In terms of affordability, the price of contact lenses have reduced drastically over the past few years, thus fuelling its demand.

To encourage the use of daily disposable contact lenses, market players have been raising awareness by launching various promotional programmes for people with visual impairments. To boost their sales, manufacturers are now focussing on launching innovative products based on the recommendation of ophthalmologists. Initiatives like free eye check-up camps, initiated by the governments of various countries can help to accelerate the growth of the global contact lenses market. Changes in lifestyle, particularly of children and the working population is a dominating factor which impacts the growth of the market for contact lenses.

Key Market Players

The major players in the contact lenses market report are:

•  Alcon Vision LLC
•  Bausch & Lomb, Incorporated
•  Johnson & Johnson Vision Care, Inc.
•  CooperVision, Inc.
•  Essilor International S.A.
•  Others

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Frara Prih, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

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