PET bottle consumption on the rise, new research finds

Global demand for PET bottles is on the rise according to a report by analyst Wood Mackenzie. The report also predicts a six-fold increase in demand for recycled PET (rPET) in Europe by 2030. “PET bottle consumption is increasing,” said Pieterjan Van Uytvanck, principal analyst at Wood Mackenzie. “As shown in our report on the…