Market Overview:
The global PET rigid film market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for food packaging, medical packaging, and consumer goods packaging applications.
Product Definition:
PET Rigid Film is a clear and strong plastic film. It is often used to make packaging, such as boxes and bottles.
0.2mm is the thinnest layer of PET rigid film and it's mainly used in manufacturing thermoforming plastic components such as food containers, cups, trays and clamshells among others. It also finds application in display panels for LED screens, flexible printed circuits boards (PCB), security holograms and 3D images among others. The growth factor for 0.2mm PET rigid film was estimated to be around 1.5 times higher than that of 0.
0.2-1mm:
0.2-1mm is the range of PET rigid film thickness and it's generally used for food packaging applications. It offers a balance between stiffness, toughness, and strength which makes it suitable to be used in flexible as well as rigid food packaging applications. The product also provides excellent barrier properties against gases & liquids making it ideal for use in end caps or lids of plastic bottles or metal cans among others.
Application Insights:
The food packaging segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The growing demand for packaged foods, particularly in emerging economies such as China, India and Brazil is expected to drive growth. In addition, increasing investments by foreign players in the packaging industry of developing countries including China and India are likely to propel market growth over the coming years.
Medical packaging includes use of rigid films for manufacturing medical devices such as surgical masks, protective clothing etc. Growing awareness about diseases coupled with rising incidences of hospital-acquired infections is anticipated to increase product demand across various applications during the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to rapid industrialization and urbanization, coupled with increasing population and rising living standards. In addition, growing demand for consumer electronics products such as smartphones and laptops is anticipated to drive rigidity packaging film demand in this region.
The food & beverage industry has witnessed a surge in foreign direct investments (FDI) from China, India, Japan, South Korea, New Zealand among other countries since 2010s which has positively impacted regional growth significantly. North America accounted for a revenue share of 23% of the global market in 2017 on account of high product usage across several applications including medical devices & pharmaceuticals due to stringent government regulations regarding material quality used for manufacturing medical equipment/supplies as well as pharmaceuticals that are packaged into bottles/cans etc., particularly within U.S.
Growth Factors:
- Increasing demand from food and beverage packaging industry: The global food and beverage packaging market is projected to grow at a CAGR of 5.4% from 2017 to 2022. This will result in an increase in the demand for PET rigid film, as it is extensively used in food and beverage packaging applications.
- Rising demand for lightweight and durable packaging solutions: With the increasing focus on reducing environmental footprints, there is a growing demand for lightweight and durable packaging solutions. PET rigid film offers both these benefits, making it an attractive choice for many end-use applications.
- Growing popularity of flexible pouches: Flexible pouches are becoming increasingly popular due to their convenience and portability. They are also lighter than traditional containers, which makes them more environmentally friendly option package type options .PET Rigid Film can be used to manufacture high-quality flexible pouches that offer excellent barrier properties against moisture, oxygen, light etc., thus catering to the needs of this growing segment.. 4) Emerging markets offer significant growth potential: The Asia Pacific region is expected to be the fastest-growing market for PET rigid film during the forecast period owing to the presence of numerous emerging countries with high potential growth rates.. 5) Technological advancements leading to improved product performance: Continuous technological advancements are taking place in the field of polymer science that are resulting in better product performance by PET Rigid Film products
Scope Of The Report
Report Attributes
Report Details
Report Title
PET Rigid Film Market Research Report
By Type
<0.2mm, 0.2-1mm, 1-2mm, >2mm
By Application
Food Packaging, Medical Packaging, Consumer Goods Packaging, Other
By Companies
OCTAL, Klöckner Pentaplast, Shinkong Synthetic Fibers, Toray, Retal, K.P.TECH, Folienwerk Wolfen, epsotech Group, Plastirol, Polyone, TAE Kwang, Far Eastern New Century, Nan Ya Plastics, Zhongtian Sheet, Jinfeng New Material
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global PET Rigid Film Market Report Segments:
The global PET Rigid Film market is segmented on the basis of:
Types
<0.2mm, 0.2-1mm, 1-2mm, >2mm
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Packaging, Medical Packaging, Consumer Goods Packaging, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- OCTAL
- Klöckner Pentaplast
- Shinkong Synthetic Fibers
- Toray
- Retal
- K.P.TECH
- Folienwerk Wolfen
- epsotech Group
- Plastirol
- Polyone
- TAE Kwang
- Far Eastern New Century
- Nan Ya Plastics
- Zhongtian Sheet
- Jinfeng New Material
Highlights of The PET Rigid Film Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- <0.2mm
- 0.2-1mm
- 1-2mm
- >2mm
- By Application:
- Food Packaging
- Medical Packaging
- Consumer Goods Packaging
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PET Rigid Film Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PET rigid film is a type of plastic film that is used in packaging and consumer products. It is often used to cover food or other objects so that they can be stored or transported safely.
Some of the major companies in the pet rigid film market are OCTAL, Kl¶ckner Pentaplast, Shinkong Synthetic Fibers, Toray, Retal, K.P.TECH, Folienwerk Wolfen, epsotech Group, Plastirol, Polyone, TAE Kwang, Far Eastern New Century, Nan Ya Plastics, Zhongtian Sheet, Jinfeng New Material.
The pet rigid film market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PET Rigid Film Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PET Rigid Film Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PET Rigid Film Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PET Rigid Film Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PET Rigid Film Market Size & Forecast, 2020-2028
4.5.1 PET Rigid Film Market Size and Y-o-Y Growth
4.5.2 PET Rigid Film Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 <0.2mm
5.2.2 0.2-1mm
5.2.3 1-2mm
5.2.4 >2mm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food Packaging
6.2.2 Medical Packaging
6.2.3 Consumer Goods Packaging
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PET Rigid Film Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PET Rigid Film Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 <0.2mm
9.6.2 0.2-1mm
9.6.3 1-2mm
9.6.4 >2mm
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food Packaging
9.10.2 Medical Packaging
9.10.3 Consumer Goods Packaging
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 <0.2mm
10.6.2 0.2-1mm
10.6.3 1-2mm
10.6.4 >2mm
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food Packaging
10.10.2 Medical Packaging
10.10.3 Consumer Goods Packaging
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 <0.2mm
11.6.2 0.2-1mm
11.6.3 1-2mm
11.6.4 >2mm
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food Packaging
11.10.2 Medical Packaging
11.10.3 Consumer Goods Packaging
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 <0.2mm
12.6.2 0.2-1mm
12.6.3 1-2mm
12.6.4 >2mm
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food Packaging
12.10.2 Medical Packaging
12.10.3 Consumer Goods Packaging
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 <0.2mm
13.6.2 0.2-1mm
13.6.3 1-2mm
13.6.4 >2mm
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food Packaging
13.10.2 Medical Packaging
13.10.3 Consumer Goods Packaging
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PET Rigid Film Market: Competitive Dashboard
14.2 Global PET Rigid Film Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OCTAL
14.3.2 Klöckner Pentaplast
14.3.3 Shinkong Synthetic Fibers
14.3.4 Toray
14.3.5 Retal
14.3.6 K.P.TECH
14.3.7 Folienwerk Wolfen
14.3.8 epsotech Group
14.3.9 Plastirol
14.3.10 Polyone
14.3.11 TAE Kwang
14.3.12 Far Eastern New Century
14.3.13 Nan Ya Plastics
14.3.14 Zhongtian Sheet
14.3.15 Jinfeng New Material
