Market Overview:
The global PETG films market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PETG films from various end-use industries, such as food packaging, pharmaceutical industry, and others. In terms of type, shrinkage 70% are expected to account for a share of 43%, 36%, and 21% respectively in the global PETG films market by 2030. In terms of application, food packaging is projected to be the fastest growing segment with a CAGR of 6.1%.
Product Definition:
PETG Films are transparent, thermoplastic films that are made from a copolyester of ethylene terephthalate and glycol. PETG Films have excellent clarity and gloss, good toughness and impact resistance, and good chemical resistance.
Shrinkage
Shrinkage 60-70%:
Shrinkage refers to the phenomenon where a polymer undergoes dimensional change when it is exposed to certain temperatures. The shrinkage percentage is an expression that quantifies the extent of dimensional change in a sample under study.
Shrinkage percentage (S) can also be defined as follows: S (%) - measure of shrinkage in percent by weight or volume, observed during polymerization at constant pressure and temperature for each cycle (i.
Application Insights:
The food packaging application segment led the global PETG films market in 2017 and is projected to expand at a steady CAGR from 2018 to 2030. This growth can be attributed to increasing demand for flexible packaging solutions, which are suitable for both cold storage as well as hot holding, and high barrier properties offered by the product.
PETG films are widely used in several applications including bakery & confectionery products, meat & seafood containers, dairy products such as cheese wheels and blocks coupled with flexible cover options such as clamshells that offer an aesthetic appeal along with functionality. The pharmaceutical industry accounted for 9% of the overall revenue share in 2017 owing to rising usage of shrink-proof film wraps across medicines during transit or storage conditions requiring total protection against physical damage or alteration. Other applications include electronic device covers/housing and industrial pouches among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for PETG films from several end-use industries in emerging economies, such as food packaging and pharmaceuticals. China is projected to remain a key consumer of petrochemical products owing to its large production of crude oil and natural gas.
The Middle East & Africa region accounted for approximately 7% of global revenue in 2017, owing to high product consumption from the construction industry coupled with rising expenditure on military operations by various countries including Saudi Arabia and UAE. However, stringent environmental regulations by international agencies may hinder market growth over the next eight years.
North America was estimated as one of the largest markets for PETG films in 2017 due to early adoption across various applications such as medical devices, electronics manufacturing units (EMUs), etc.
Growth Factors:
- Increasing demand from end-use industries such as automotive, electrical and electronics, and construction
- Rising demand for lightweight and durable PETG films in packaging applications
- Growing popularity of PETG films in medical applications
- Increasing use of PETG films in solar energy systems
- Proliferation of digital printing technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
PETG Films Market Research Report
By Type
Shrinkage <60%, Shrinkage 60-70%, Shrinkage >70%
By Application
Food Packaging, Pharmaceutical Industry, Others
By Companies
Bilcare, Triton International, Magical Film Enterprise, Klöckner Pentaplast, C.I. Takiron Corporation, Kevin Metpack Pvt. Ltd., Henan Yinjinda New Materials, Polimex Srl, Shandong Shenghe Plastic Development Co, Allen Plastic Industries, Jiangsu Shuangxing Color Plastic New Materials, Guangdong Huaye Packing Materials, Jiangsu Jinghong new Mstar Technology
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global PETG Films Market Report Segments:
The global PETG Films market is segmented on the basis of:
Types
Shrinkage <60%, Shrinkage 60-70%, Shrinkage >70%
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, Pharmaceutical Industry, Others
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:
- Bilcare
- Triton International
- Magical Film Enterprise
- Klöckner Pentaplast
- C.I. Takiron Corporation
- Kevin Metpack Pvt. Ltd.
- Henan Yinjinda New Materials
- Polimex Srl
- Shandong Shenghe Plastic Development Co
- Allen Plastic Industries
- Jiangsu Shuangxing Color Plastic New Materials
- Guangdong Huaye Packing Materials
- Jiangsu Jinghong new Mstar Technology
Highlights of The PETG Films 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:
- Shrinkage <60%
- Shrinkage 60-70%
- Shrinkage >70%
- By Application:
- Food Packaging
- Pharmaceutical Industry
- Others
- 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 PETG Films 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
PETG Films is a new type of plastic film that can be used in 3D printing. It is made from polyethylene terephthalate (PET), which is a thermoplastic polymer with high strength and low weight. PETG films are flexible, durable, and printable at high temperatures without warping or cracking.
Some of the key players operating in the petg films market are Bilcare, Triton International, Magical Film Enterprise, KlƒÂ¶ckner Pentaplast, C.I. Takiron Corporation, Kevin Metpack Pvt. Ltd., Henan Yinjinda New Materials, Polimex Srl, Shandong Shenghe Plastic Development Co, Allen Plastic Industries, Jiangsu Shuangxing Color Plastic New Materials, Guangdong Huaye Packing Materials, Jiangsu Jinghong new Mstar Technology.
The petg films market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PETG Films Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PETG Films Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PETG Films Market - Supply Chain
4.5. Global PETG Films Market Forecast
4.5.1. PETG Films Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PETG Films Market Size (000 Units) and Y-o-Y Growth
4.5.3. PETG Films Market Absolute $ Opportunity
5. Global PETG Films Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PETG Films Market Size and Volume Forecast by Type
5.3.1. Shrinkage <60%
5.3.2. Shrinkage 60-70%
5.3.3. Shrinkage >70%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PETG Films Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PETG Films Market Size and Volume Forecast by Application
6.3.1. Food Packaging
6.3.2. Pharmaceutical Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PETG Films Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PETG Films Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PETG Films Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PETG Films Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PETG Films Demand Share Forecast, 2019-2026
9. North America PETG Films Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PETG Films Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PETG Films Market Size and Volume Forecast by Application
9.4.1. Food Packaging
9.4.2. Pharmaceutical Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PETG Films Market Size and Volume Forecast by Type
9.7.1. Shrinkage <60%
9.7.2. Shrinkage 60-70%
9.7.3. Shrinkage >70%
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PETG Films Demand Share Forecast, 2019-2026
10. Latin America PETG Films Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PETG Films Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PETG Films Market Size and Volume Forecast by Application
10.4.1. Food Packaging
10.4.2. Pharmaceutical Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PETG Films Market Size and Volume Forecast by Type
10.7.1. Shrinkage <60%
10.7.2. Shrinkage 60-70%
10.7.3. Shrinkage >70%
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PETG Films Demand Share Forecast, 2019-2026
11. Europe PETG Films Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PETG Films Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PETG Films Market Size and Volume Forecast by Application
11.4.1. Food Packaging
11.4.2. Pharmaceutical Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PETG Films Market Size and Volume Forecast by Type
11.7.1. Shrinkage <60%
11.7.2. Shrinkage 60-70%
11.7.3. Shrinkage >70%
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PETG Films Demand Share, 2019-2026
12. Asia Pacific PETG Films Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PETG Films Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PETG Films Market Size and Volume Forecast by Application
12.4.1. Food Packaging
12.4.2. Pharmaceutical Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PETG Films Market Size and Volume Forecast by Type
12.7.1. Shrinkage <60%
12.7.2. Shrinkage 60-70%
12.7.3. Shrinkage >70%
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PETG Films Demand Share, 2019-2026
13. Middle East & Africa PETG Films Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PETG Films Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PETG Films Market Size and Volume Forecast by Application
13.4.1. Food Packaging
13.4.2. Pharmaceutical Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PETG Films Market Size and Volume Forecast by Type
13.7.1. Shrinkage <60%
13.7.2. Shrinkage 60-70%
13.7.3. Shrinkage >70%
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PETG Films Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PETG Films Market: Market Share Analysis
14.2. PETG Films Distributors and Customers
14.3. PETG Films Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bilcare
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Triton International
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Magical Film Enterprise
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Klöckner Pentaplast
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. C.I. Takiron Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kevin Metpack Pvt. Ltd.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Henan Yinjinda New Materials
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Polimex Srl
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shandong Shenghe Plastic Development Co
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Allen Plastic Industries
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Jiangsu Shuangxing Color Plastic New Materials
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Guangdong Huaye Packing Materials
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jiangsu Jinghong new Mstar Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
