Polyethylene Terephthalate Films Market Size, Share & Trends Analysis Report By Type (Conventional PET Films, Shrink PET Films, Isotropic PET Films), By End Use (Food & Beverage, Electrical & Electronics), By Region, And Segment Forecasts, 2024 - 2030
Polyethylene Terephthalate Films Market Size, Share & Trends Analysis Report By Type (Conventional PET Films, Shrink PET Films, Isotropic PET Films), By End Use (Food & Beverage, Electrical & Electronics), By Region, And Segment Forecasts, 2024 - 2030
Market Size & Trends
The global polyethylene terephthalate films market size was estimated at USD 35.97 billion in 2023 and expected to expand at a CAGR of 5.2% from 2024 to 2030. PET films are commonly utilized in food and beverage packaging owing to their superior moisture and gas barrier qualities. The growing customer desire for easy and lightweight packaging solutions is driving up the demand for polyethylene terephthalate (PET) films.
One of the prominent trend in the Polyethylene terephthalate (PET) films market is the emerging popularity and increasing adoption of packaged food & beverages. PET shrink films are used to package food products such as muffins, cookies, candies, and other confectionery items. These films are also being utilized as primary packaging that comes into direct touch with the food. Moreover, the increasing manufacture of electronic gadgets such as smartphones, tablets, and wearable technologies drives up demand for high-quality PET films.
Global Polyethylene Terephthalate Films Market Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented global polyethylene terephthalate films market report on the basis of type, end use, and region:
Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Conventional PET Films
Shrink PET Films
Isotropic PET Films
Others
End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Food & Beverage
Electrical & Electronics
Pharmaceuticals
Cosmetics
Others
Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Italy
Spain
France
The Netherlands
Belgium
Asia Pacific
China
India
Japan
South Korea
Indonesia
Thailand
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
South Africa
UAE
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