Gmi Research

 The global plastic market continues to evolve, with Polyethylene Terephthalate (PET) emerging as one of the most widely used materials across various industries. From food and beverage packaging to textiles and consumer goods, PET’s ability to provide a durable, lightweight, and cost-effective solution has made it the material of choice. In particular, the Nigerian market is witnessing an increasing demand for PET, fueled by the growing packaging industry, urbanization, and the rise of e-commerce. As Nigeria’s economy continues to grow, the Nigeria Polyethylene Terephthalate (PET) Market is poised to follow suit, with projected trends indicating a significant shift by 2031. The Nigeria Polyethylene Terephthalate (PET) Market is expected to expand at a substantial rate over the next decade, driven by the growing consumption of packaged beverages, especially bottled water and soft drinks. Nigeria’s rapidly expanding population and an increase in disposable income levels are contrib...