Global Biaxially-Oriented Polyethylene Terephthalate (BOPET) Packaging Films Market By, Product Type (Pouches, Sachets, Bags, Shrink Films, Stretch Wraps, Others), Coating Type (Coated, Non Coated), Thickness Type (15 m, 15-30 m, 30-50 m, >50 m), Application (Food and Beverages, Cosmetics and Personal Care, Electrical and Electronics, Pharmaceuticals, Automotive Industry, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Biaxially-Oriented Polyethylene Terephthalate (BOPET) Packaging Films Market
The biaxially-oriented polyethylene terephthalate (BOPET) packaging films market is expected to witness market growth at a rate of approximately 7.0% in the forecast period of 2021 to 2028, and will reach the value of USD 25000 million by 2028. Data Bridge Market Research report on biaxially-oriented polyethylene terephthalate (BOPET) packaging films market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in packaging sector globally is escalating the growth of biaxially-oriented polyethylene terephthalate (BOPET) packaging films market.
Biaxially-oriented polyethylene terephthalate or BOPET refers to a polyester film that is produced with the use of stretched polyethylene terephthalate. They usually have excellent chemical stability, electrical insulation, good tensile strength and reflectivity. These packaging are widely utilized in applications such as electrical and electronics, cosmetics and personal care, food and beverage, and automotive industry, among others.
The rise in the popularity of high barrier packaging solutions across the globe acts as one of the major factors driving the growth of biaxially-oriented polyethylene terephthalate (BOPET) packaging films market. The increase in demand for fast-food chains and hot-served food and use of the packaging solutions to extend the shelf life of products accelerate the market growth. The rise in use of the product as they are capable of withstanding high temperatures, essential for packaging requirements, and surge in concerns about the safety of cosmetics products further influence the market. Additionally, rise in consciousness towards environment, rapid urbanization, improved lifestyle and rise in spending on food and beverages positively affect the biaxially-oriented polyethylene terephthalate (BOPET) packaging films market. Furthermore, advancements in the product extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, high input costs and implementation of stringent regulatory policies are expected to obstruct the market growth. The difficulty with recycling of plastic films is projected to challenge the biaxially-oriented polyethylene terephthalate (BOPET) packaging films market in the forecast period of 2021-2028.
This biaxially-oriented polyethylene terephthalate (BOPET) packaging films market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on biaxially-oriented polyethylene terephthalate (BOPET) packaging films market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Biaxially-Oriented Polyethylene Terephthalate (BOPET) Packaging Films Market Scope and Market Size
The biaxially-oriented polyethylene terephthalate (BOPET) packaging films market is segmented on the basis of product type, coating type, thickness type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the biaxially-oriented polyethylene terephthalate (BOPET) packaging films market is segmented into pouches, sachets, bags, shrink films, stretch wraps and others.
- On the basis of coating type, the biaxially-oriented polyethylene terephthalate (BOPET) packaging films market is segmented into coated and non- coated. The coated is further segmented into UV treated, corona treated, chemical coated, acrylic coated and copolymer treated.
- On the basis of thickness type, the biaxially-oriented polyethylene terephthalate (BOPET) packaging films market is segmented into 15 m, 15-30 m, 30-50 m and >50 m.
- On the basis of application, the biaxially-oriented polyethylene terephthalate (BOPET) packaging films market is segmented into food and beverages, cosmetics and personal care, electrical and electronics, pharmaceuticals, automotive industry, and others.
Biaxially-Oriented Polyethylene Terephthalate (BOPET) Packaging Films Market Country Level Analysis
The biaxially-oriented polyethylene terephthalate (BOPET) packaging films market is analyzed and market size, volume information is provided by country, product type, coating type, thickness type and application as referenced above.
The countries covered in the global biaxially-oriented polyethylene terephthalate (BOPET) packaging films market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the biaxially-oriented polyethylene terephthalate (BOPET) packaging films market due to the presence of producers and consumers of BOPET packaging films within the region. North America is expected to witness fastest growth during the forecast period of 2021 to 2028 because of the tightening regulations in the region.
The country section of the biaxially-oriented polyethylene terephthalate (BOPET) packaging films market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Biaxially-Oriented Polyethylene Terephthalate (BOPET) Packaging Films Market Share Analysis
The biaxially-oriented polyethylene terephthalate (BOPET) packaging films market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to biaxially-oriented polyethylene terephthalate (BOPET) packaging films market.
The major players covered in the biaxially-oriented polyethylene terephthalate (BOPET) packaging films market report are Uflex Limited., Mitsubishi Polyester Film, Inc., Jindal Poly Films Ltd., SRF Limited, Retal Industries LTD, Fatra, a.s., Polyplex, Terphane, Esterindustries.com, Garware Polyester Ltd., CHIRIPAL POLY FILM, Fuwei Films (Holdings) Co., Ltd., Jiangsu Xingye Polytech Co., Ltd., Filmtech Company, Sumilon Industries Ltd., POLINAS, Flex Films, Anhui Guofeng Plastic Industry Co., Ltd., and Bruckner Maschinenbau GmbH & Co. KG, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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