In 2014, the consumption of PET bottles in the global retail market reached 447 billion bottles, including the needs of the beverage industry, including the food, beauty and home care industries. About 41% of global pet demand comes from the Asia-Pacific region, and its position will be further strengthened. By 2019, more than 45% of global packaging for consumer goods in PET bottles will be in Asia. Focus on the development trend of China Pet Bottle China is the world's leading consumer of PET bottles, accounting for 26% of global PET bottle demand in 2014 alone, so China is a key country to understand when studying the global outlook for PET. Several other big figures about China need to be considered... China's demand for PET bottles will increase by another 9 billion bottles in 2015, of which 6 billion will only come from bottled water categories. The significance of soft drinks for the future of PET in China is obvious, largely shaped by the bottled water industry and players, such as Confucius and Nongfu Spring, as well as an important year-on-year increase in the consumption of bottled water by Chinese consumers. Other notable soft drink categories this year include instant teas and juice drinks, some of which are interesting for the pets of companies such as Suntory, Uni-President and Wong Lo Kat. Bottled water premix is the driving force for China's value-added packaging growth Pre-heating is a trend in many food and beverage product categories worldwide, as consumers seek treatment and addicted to products that contain high quality ingredients, as well as those that are good for health. This is also the trend we have seen in the Chinese bottled water market and the broader Chinese soft drink market, and even the weight of PET bottles has increased significantly to show better quality and quality bottle image. In the past few years, China's second-ranked player, Nongfu Spring, has switched from HDPE to PET bottles because it is considered a healthier and safer type of packaging. PET clarity also allows consumers to positively evaluate water quality. . We have also seen innovations in premium bottled water, and Nongfu Spring uses a new product line to divide the water category. These include the new 1 litre PET bottled water this year, which is aimed at mothers and babies and contains lower levels of sodium and minerals to make them healthier for babies. The bottle is characterized by a clean, decorative bottle design that promotes the brand's natural heritage and healthy water sources, which is famous in China. For the consumers who go out, Nongfu Spring has also expanded the bottled water series. In 2015, it launched a 535-ml push-pull sports bottle cap with a series of color illustrations. These efforts are aimed at attracting young consumers and ultimately increasing the quantity and value of branded bottled water packaging sales. Nongfu Spring’s actions on beverage packaging have also affected the production of many Chinese Pet Preform Mould makers.
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