The shortage of public drinking water arrangements across the region is further aggravating demand for packaged water. Developing countries across the Asia Pacific and Middle East & Africa region have persistently faced challenges related to water supply shortages, which in turn has impelled inhabitants to rely on packaged drinking water. Moreover, the rising demand for packaged drinking water is substantially contributing toward the upsurge in PET preforms market. The PET preforms in the recent few years have witnessed significant demand owing to rising consumption of packaged beverages products which include soft drinks, juiced, and ready-to-drink tea, coffee across both developing as well as developed countries. PET preform is a cost-effective solution for the packaging of carbonated soft drinks, edible oil, bottled water, and other care & domestic goods. It possesses molding capability of any design, shape, color and neck size which in turn make its adoption preferable in comparison to other available alternatives. Further, it has quite low permeability to humidity and gases which in turn improves the shelf-life of products. It is tough, unbreakable, and possesses high sustaining capability which makes it incredibly convenient for storing carbonated products. PET is an eminent material for packing foods as it keeps eatable items pure, healthy without affecting the physical appearance, odor or taste. The increased demand for PET preforms in multiple applications comprising carbonated soft drinks, cosmetics & chemicals, water, pharma & liquor, and food packaging will drive the demand for PET preforms. PET preforms market is anticipated to gain significant momentum as PET numerous advantages including long service life, easy handling, and durability. A PET (Polyethylene Terephthalate) preform is a polyester molded in a test tube-shaped plastic that is manufactured by an injection molding process.
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