Plastics in Packaging‘s story “PET bottle consumption on the rise, new research finds” was released on September 2, 2019. It reports the following:
- “Global demand for PET bottles is on the rise according to a report by analyst Wood Mackenzie
- In 2018, 19.7 million tonnes of food and beverage PET bottles were produced, with 845,000 tonnes mechanically recycled back into food and beverage bottles.
- By 2029, we predict that will reach 30.4m tonnes, with more than 3m tonnes mechanically recycled