The PET films market has the potential to grow by 1.57 million MT during 2020-2024, and the market’s growth momentum will accelerate at a CAGR of 5.95%.
This PET films market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (thin PET films and thick PET films) and geography (APAC, North America, Europe, South America, and MEA). The PET films market report also offers information on several market vendors, including DuPont Teijin Films, Ester Industries Ltd., Garware Polyester Ltd., Jindal Poly Films Ltd., Mitsubishi Chemical Holdings Corp., Polyplex Corporation Ltd., SKC Inc., Toray Industries Inc., Tredegar Corp., and UFlex Ltd. among others.
What will the PET Films Market Size be in 2020?
Browse TOC and LoE with selected illustrations and example pages of PET Films Market
PET Films Market: Key Drivers and Trends
Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The increasing consumption of packaging materials is notably driving the PET films market growth, although factors such as fluctuating crude oil prices may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the PET films market get your FREE report sample now.
This PET films market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
Who are the Major PET Films Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- DuPont Teijin Films
- Ester Industries Ltd.
- Garware Polyester Ltd.
- Jindal Poly Films Ltd.
- Mitsubishi Chemical Holdings Corp.
- Polyplex Corporation Ltd.
- SKC Inc.
- Toray Industries Inc.
- Tredegar Corp.
- UFlex Ltd.
The PET films market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the PET films market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for PET Films Market?
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64% of the market’s growth will originate from APAC during the forecast period. China, South Korea (Republic of Korea), India, and Japan are the key markets for PET films in APAC.
The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The growth in the organized retail segment will facilitate the PET films market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating Type Segments in the PET Films Market?
To gain further insights on the market contribution of various segments Request for a FREE sample
The PET films market share growth by the thin PET films segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2020-2024 and embrace technologies to improve business efficiency.
Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the PET films market size.
What are the Key Factors Covered in this PET Films Market Report?
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive PET films market growth during the next five years
- Precise estimation of the PET films market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the PET films market across APAC, North America, Europe, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of PET films market vendors
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PET Films Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2019 |
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Forecast period |
2020-2024 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
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Market growth 2020-2024 |
1.57 mn MT |
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Market structure |
Fragmented |
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YoY growth (%) |
4.32 |
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Regional analysis |
APAC, North America, Europe, South America, and MEA |
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Performing market contribution |
APAC at 64% |
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Key consumer countries |
China, US, South Korea (Republic of Korea), India, and Japan |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
DuPont Teijin Films, Ester Industries Ltd., Garware Polyester Ltd., Jindal Poly Films Ltd., Mitsubishi Chemical Holdings Corp., Polyplex Corporation Ltd., SKC Inc., Toray Industries Inc., Tredegar Corp., and UFlex Ltd. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |