We prove that each bounded polytope can be represented as a polynomial zonotope, which we refer to as the Z-representation of polytopes. Previous representations are the vertex representation (V-representation) and the halfspace representation (H-representation). Depending on the polytope, the Z-representation can be more compact than the V-representation and the H-representation. In addition, the Z-representation enables the computation of linear maps, Minkowski addition, and convex hull with a computational complexity that is polynomial in the representation size. The usefulness of the new representation is demonstrated by range bounding within polytopes.