The sales of PET preform in ASEAN are estimated to be worth USD 875.0 million in 2025 and anticipated to reach a value of USD 1,480.5 million by 2035. Sales are projected to rise at a CAGR of 5.4% over the forecast period between 2025 and 2035. The revenue generated by PET preform in 2024 was USD 846.2 million. The industry is anticipated to exhibit a Y-o-Y growth of 5.2% in 2025.
The preforms PET market in the region of ASEAN sees a very huge demand, mainly through the growth of the beverage industry that utilizes PET bottles immensely for packaging water, carbonated soft drinks, juices, and ready-to-drink (RTD) beverages.
ASEAN countries offer a strong, growing demand for non-breakable PET preforms made of lightweight materials that are durable in nature and allow excellent barrier characteristics for gases as well as moisture. Bottled water is the major segment, contributed by health-conscious consumers and more demand for healthy, portable drinking water.
Carbonated soft drinks share a large position, as it can resist pressures required to maintain the carbonation characteristic. Increased consumption of RTD tea, coffee, and functional beverages has demanded customized PET preforms that could meet the branding and design requirements. Beverage industry is expected to reach by 2025 USD 702.6 million.
ASEAN PET Preform Industry Assessment
| Attributes | Key Insights |
|---|---|
| Historical Size, 2024 | USD 846.2 million |
| Estimated Size, 2025 | USD 875.0 million |
| Projected Size, 2035 | USD 1,480.5 million |
| Value-based CAGR (2025 to 2035) | 5.4% |
In the ASEAN PET preforms market, PCO/BPF neck types are a leading type due to their ability to endure high-pressure sealing, especially for carbonated beverages and bottled water. The design ensures excellent carbonation retention, leak-proof sealing, and transportation durability, which is all critical to the beverage manufacturers in the region.
In addition, attention to sustainability and lightweighting has led to innovation in PCO/BPF types with reduced material usage without a compromise to strength. This trend is aligned with the trend of increasing environmentally friendly packaging preference.
Moreover, compatibility of the neck types with tamper-evident and resealable closures makes them ideal for juices and functional beverages, hence enhancing consumer convenience and safety. PCO/BPF neck types are expected to reach USD 269.5 million by 2025.
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ASEAN Beverage Giants Push for Sustainable PET Packaging Innovations
The leading beverage companies in the ASEAN region are embracing PET packaging solutions as part of steps towards achieving global sustainability goals while minimizing the ecological footprints of companies. Recent developments include initiatives from leading players like Coca-Cola and PepsiCo initiating region-specific strategies that integrate recycled content into PET bottles.
Accordingly, Coca-Cola has started advocating for the use of recycled material in Southeast Asia by maintaining the strength and transparency that PET bottles currently possess. The latter approach towards PET has accordingly forced manufacturers to be creative with PET preforms to be able to offer higher recycled content incorporation without all the necessary barriers and strengths associated with beverage packaging.
Such innovations move toward meeting the corporate sustainability goals and help meet the fast-growing demand within ASEAN for sustainable packaging solutions.
Bottled Water Industry Embraces Lightweight PET Preforms for Sustainability
The bottled water market in ASEAN countries is highly oriented toward lightweight PET preforms, driven by the dual objectives of cost reduction and environmental sustainability. Lightweight PET bottles minimize the use of raw materials, thereby lowering production costs and reducing carbon emissions during transportation.
From local bottled water brands to international players, all companies operating in ASEAN have embraced this trend by adopting lighter PET preforms. Some examples are reported in Thailand with the leading bottle water companies mentioning great cost-saving and environmental efficiencies when converting the product offerings of these companies to lightweight PET preforms. "Eco-friendly packaging" becomes another trend among consumer goods requirements, which in Indonesia and Vietnam further buttress this trend.
EU Plastic Ban Drives Shift to Bioplastics and Sustainable Packaging
ASEAN governments have regulated and made policies to reduce plastic waste, therefore encouraging the change towards sustainable and biodegradable packaging. Indonesia, Malaysia, and the Philippines have limited the use of single-use plastics, forcing the manufacturers to develop alternatives to PET preforms.
All these regulatory forces have driven bioplastics and other renewable materials for beverage packaging. Bioplastics will represent the more important alternative option to traditional PET preforms when applications of this latter have critical issues concerning sustainability. Indeed, as such sectors prefer increasingly biodegradable materials, they contribute toward altering the course of the ASEAN PET preform market, as has occurred within bottled water and functional beverage.
The ASEAN PET preform industry recorded a CAGR of 3.4% during the historical period between 2020 and 2024. The growth of the PET preform industry was positive as it reached a value of USD 846.2 million in 2024 from USD 740.3 million in 2020.
The ASEAN PET preform market has been steadily increasing due to demand for affordable and sustainable packaging solutions in the beverage and food sectors. Bottled water has also been a huge contributor, since manufacturers in the region continue to innovate lightweight PET preforms that reduce costs and carbon footprints.
Growing ASEAN has caused growth in major beverage companies in the region, increasing adoption of PET, and thus demand for high-quality PET preforms that can handle this content. The advance of preform design, especially in barrier, has introduced PET preforms into new segments like pharmaceuticals and personal care.
In an era where sustainability is the paramount concern, policy changes by governments and awareness at the consumer end will be two major drivers. Thus, the future of the ASEAN PET preform market will be driven by plant-based plastics, biodegradable materials, and recycling technologies.
With the traditional sectors such as carbonated soft drinks seeing reduced dependence on PET preforms, the demand for eco-friendly and recyclable PET preforms might continue to stay strong in personal care and home care sectors. Lightweighting and PET adoption will be central to the growth trajectory of the ASEAN market and both economic and environmental goals will benefit from it.
Tier 1 company leaders are characterized by high production technology and a wide product portfolio. These market leaders are distinguished by their extensive expertise in manufacturing and reconditioning across multiple packaging formats and a broad geographical reach, underpinned by a robust consumer base.
They provide a wide range of series including reconditioning, recycling, and manufacturing utilizing the latest technology and meeting the regulatory standards providing the highest quality. Prominent companies within Tier 1 include Duy Tan Plastics Manufacturing Corporation, RETAL, Resilux NV, Alpla.
Tier 2 companies are characterized by a strong presence overseas and strong market knowledge. These market players have good technology and ensure regulatory compliance but may not have advanced technology and wide ASEAN reach. Prominent companies in Tier 2 include Ennai Plastics Malaysia, Hon Chuan Group, Koksan, Eskapet, Seda de Barcelona, Amraz Group.
Tier 3 includes the majority of small-scale companies operating at the local presence and serving niche markets. These companies are notably oriented towards fulfilling local market demands and are consequently classified within the tier 3 share segment.
They are small-scale players and have limited geographical reach. Tier 3, within this context, is recognized as an unorganized market, denoting a sector characterized by a lack of extensive structure and formalization when compared to organized competitors.
The section contains information about the leading segments in the industry. By neck type, PCO/BPF are projected to grow at a CAGR of 4.8% through 2025 to 2035. Additionally, beverages end uses are predicted to grow at a CAGR of 4.2%.
| Neck Type | Value Share (2035) |
|---|---|
| PCO/BPF | 36.1% |
The PCO/BPF neck type is projected to remain the largest in terms of value in ASEAN PET preform market throughout the forecast period. This kind of neck was mostly used within the beverage category, especially within bottled water and carbonated soft drinks, for other ready-to-drink beverage products which account for most of the bottled beverages consumed across ASEAN geographies.
Moreover, the bottle requirement for cold carbonated beverages, as well as the growing number of tropical regions in the countries, enhance the business opportunities of the neck type.
The better seal provided by the PCO/BPF neck and tolerance for filling with higher pressure as well as retention of carbonation increases its acceptability. In such markets, mainly Indonesia, Thailand, and Vietnam, it has gained a preferred position for manufacture due to growing demand for soft drinks. Moreover, its lightweighting potential also coincides with ASEAN's increasingly emphasized cost reduction and sustainability thrusts in developing markets.
| Capacity | Value Share (2035) |
|---|---|
| 500 ml to 1000 ml | 50.3% |
The most in-demand capacity range remains the 500 ml to 1000 ml of PET preforms in the ASEAN region, a size tailored for the high-consumption behavior for bottled waters and other liquid refreshments and drinks in packaged single-serve sizes, essentially in the big, predominantly urbanized cities found within ASEAN countries.
Markets like Malaysia, Singapore, and the Philippines have a strong affinity for these capacities, mainly because they can be used practically with existing bottling and distribution infrastructures. In addition, the growing middle class in the region and consumer demand for convenience products also strengthen this preference.
Brands in ASEAN favor these capacities because they match the consumer preference coupled with efficient distribution across the diverse complex supply chains in the region.
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Key players operating in the PET preform market are investing in the development of innovative sustainable solutions and also entering into partnerships. Key PET preform providers have also been acquiring smaller players to grow their presence to further penetrate the PET preform market across multiple regions.
In terms of capacity, the industry is divided into up to 500 ml, 500 ml to 1000 ml, 1000 ml to 2000 ml, and more than 2000 ml.
In terms of neck type, the industry is segregated into ROPP/BPV, PCO/BPF, Alaska/Bericap/Obrist, and Others.
The market is classified by end use such as beverage, food, personal care, pharmaceuticals, home care. Beverages are sub categorised as bottled water, carbonated drinks, RTD tea and coffee, juice, sports drinks, other soft drinks, and alcoholic drinks.
Key countries of Indonesia, Thailand, Malaysia, Philippines, Vietnam, Myanmar, Singapore, and Rest of ASEAN have been covered in the report.
The ASEAN PET preform industry is projected to witness CAGR of 5.4% between 2025 and 2035.
The ASEAN PET preform industry stood at USD 846.2 million in 2024.
The ASEAN PET preform industry is anticipated to reach USD 1,480.5 million by 2035 end.
Vietnam sub-region is set to record the highest CAGR of 6.6% in the assessment period.
The key players operating in the ASEAN PET preform industry include Duy Tan Plastics Manufacturing Corporation, RETAL, Resilux NV, Alpla.
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ASEAN PET Preform Market
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