PUBLISHER: Grand View Research | PRODUCT CODE: 1530534
PUBLISHER: Grand View Research | PRODUCT CODE: 1530534
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:
U.S.
Canada
Mexico
Germany
UK
Italy
Spain
France
The Netherlands
Belgium
China
India
Japan
South Korea
Indonesia
Thailand
Brazil
Argentina
Saudi Arabia
South Africa
UAE