DataM Intelligence report: Sugarcane based PET bottle market 2024

DataM Intelligence has published a new research report on “Sugarcane Based PET Bottle Market Size 2024”. The report explores comprehensive information about various key factors like regional growth, segmentation, CAGR, business revenue status of top key players and drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

The market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, it shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter’s Five Forces Analysis.

Sugarcane-based bottles are a form of biopolymer packaging created from bagasse, the fibrous byproduct remaining after extracting juice from sugarcane. These packaging solutions are claimed to have minimal negative environmental impact. Sugarcane effectively captures CO2, with 1kg of green plastic removing approximately 3.09kg of CO2 from the atmosphere.

The Global Sugarcane Based PET Bottle Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2030. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the key players in the sugarcane based PET bottle market: Kaufman Container, Maynard & Harris Plastics, Raepak LTD, The Coca-Cola Company, Veganbottle, Pretium Packaging, and others.

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