APET Sheet Market Analysis, Share, Industry & Revenue [2031]
APET Sheet Market
Segments - By Type (<0.2mm, 0.2-1mm, 1-2mm, >2mm), By Application (Food Packaging, Medical Packaging, Consumer Goods Packaging, Others), By Distribution Channel (Online, Offline), and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
Segments - By Type (<0.2mm, 0.2-1mm, 1-2mm, >2mm), By Application (Food Packaging, Medical Packaging, Consumer Goods Packaging, Others), By Distribution Channel (Online, Offline), and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The global APET sheet market was valued at USD 6.02 Billion in 2022and is projected to reach USD 11.16 Billion by 2031 , expanding at a CAGR of 7.1% during the forecast period 2023-2031. Amorphous-polyethylene terephthalate (APET) film is a thermoplastic film produced by the APET copolymer, a form of thermoplastic polyester. This film is a type of amorphous thermal plastics, which consists of elements of carbon, hydrogen, and oxygen. The growth of the APET sheets market is related to the growing demand for packaging materials made from amorphous PET used in consumer and medical packaging items
In addition, growing consumer purchasing power, evolving mass lifestyles and awareness of various medical packaging techniques around the globe are driving the APET sheets market growth. APET sheets are easy to handle, long, durable and lightweight to last. This, in effect, is increasing its use in different industries. The growth of the APET sheet market is driven by increasing customer purchasing power, changing lifestyles and food habits and knowledge of various medical packaging techniques around the globe. Environmental standards and legislation vary from country to country, particularly for the packaging industry, making adaptation of these changing laws difficult for businesses. In addition, this is likely to hinder market growth over the forecast period.
APET Sheet Market Dynamics
Market Drivers
The use of APET sheets in the medical packaging and consumer goods industry is driving the growth of the global APET sheets market. APET sheets are easy to handle, have a last long, reliable, and lightweight. This, in turn, drives its use in various industries. Rising consumer purchasing power, evolving lifestyles and food habits, and awareness of different medical packaging techniques around the globe are driving the growth of the APET sheets market. Pharmaceutical, FMCG packaging and food packaging manufacturers prefer using APET sheets as packaging materials over conventional packaging materials due to their high durability, low cost, and ability to be molded into various forms.
Market Restraints
Environmental standards and legislation vary from country to country, especially for the packaging industry, thus making it difficult for businesses to integrate these changing laws. The manufacturing and commercial industries are affected by these environmental mandates. These differences in environmental legislation and regulations across regions pose a challenge for the environment. This, in turn, is likely to hamper market growth during the forecast period. Raw materials used for the manufacture of APET sheets are extracted from oil feedstocks and account for almost 60.0% of the total cost of the finished product. Fluctuations in crude oil prices directly affect the retail prices of APET sheets.
Segmental Outlook
Based on types, the APET sheet market has categorized as <0.2 mm, 0.2-1 mm, 1-2 mm, and >2mm. The thickness ranging between 1-2mm and less than 0.2mm are majorly consumed and are expected to be produced more due to increase in demand during the forecast period. The thickness of the APET sheets used for packaging of a product depends on the oxygen transmission rate, where the thinnest sheet has the maximum oxygen transmission rate, while the thickest sheet has minimum transmission rate.
In terms of applications, the APET sheet market has been segmented into food packaging, medical packaging, consumer goods packaging, and others. Medical packaging is expected to boost the growth for this market due to increase in blister tablet and capsule packaging with APET Colored and transparent sheet with APET sheets Peel able and sealable lidding content.
On the basis of sales channels, the APET sheet market has been bifurcated into online and offline. The offline segment accounts for a major share of the market; however, the online segment is expected to grow at a significant pace during the forecast period. Offline sales channels are primary distribution channels used in regions where the Internet penetration is a challenge. Offline sales often open up substantial opportunities for cross-selling and upselling, thereby serving as massive collection repositories of additional customer data.
Regional Outlook
Based on regions, the global APET sheet market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The APET sheets market in Asia Pacific is anticipated to expand at a high CAGR during the forecast period. Improving economic conditions and increasing population are the factors that are expected to drive the growth of the medical packaging and consumer goods packaging industry, especially in China, India, South Korea, and Australia, which is projected to further fuel the growth of the market in the region. The market in North America and Europe is projected to expand at a sluggish CAGR due to the implementation of environmental standards and legislation and less consumption of APET sheets.
Key players in the market include NAN YA PLASTICS CORPORATION, PolyOne, Plastirol BV, epsotech Group, and Others. They considered as key manufacturers of the market based on their different varieties of product availability, regional presence, better supply chain management system, and the increasing demand for the products.
Key Benefits for Industry Participants & Stakeholders
In-depth Analysis of the Global APET Sheet Market
Historical, Current and Projected Market Size in terms of Value and Volume
Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
Industry Drivers, Restraints and Opportunities Covered in the Study
Recent Industry Trends and Developments
Competitive Landscape & Strategies of Key Players
Neutral Perspective on Global APET Sheet Market Performance
Segments
By Product Type
<0.2mm
0.2-1mm
1-2mm
>2mm
By Application
Food Packaging
Medical Packaging
Consumer Goods Packaging
Others
By Distribution Channel
Online
Offline
By Region
North America
U.S.
Canada
Latin America
Brazil
Mexico
Rest of Latin America
Europe
U.K.
France
Germany
Italy
Spain
Russia
Rest of the Europe
Asia Pacific
China
Japan
South Korea
India
Australia
Rest of Asia Pacific
Middle East & Africa (MEA)
GCC
South Africa
Rest of Middle East & Africa
Key Market Players Profiled in the Report
OCTAL
epsotech Group
Far Eastern New Century Corporation
Folienwerk Wolfen GmbH
K.P.TECH
Klöckner Pentaplast
NAN YA PLASTICS CORPORATION
Plastirol BV
PolyOne
Retal Industries LTD.
SHINKONG SYNTHETIC FIBERS CORP.
TAEKWANG.
TORAY INDUSTRIES, INC.
XiaMen ZhongTian Plastic Sheet Co, Ltd.
Yangzhou Jinfeng New Material Co., Ltd.
Competitive Landscape
The players are adopting key strategies such as acquisition, and geographical expansion where potential opportunity for the APET sheet extraction is added in the company’s capacity.
Chapter 1 Executive Summary Chapter 2 Assumptions and Acronyms Used Chapter 3 Research Methodology Chapter 4 APET Sheet 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 APET Sheet Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.2.4 Market Trends 4.3 APET Sheet Market - Supply Chain Analysis 4.4 Global APET Sheet Market Size & Forecast, 2017-2027 4.4.1 APET Sheet Market Size and Y-o-Y Growth 4.4.2 APET Sheet Market Absolute $ Opportunity Chapter 5 Global APET Sheet Market Analysis and Forecast By Product Type 5.1 Introduction 5.1.1 Key Market Trends & Growth Opportunities By Product Type 5.1.2 Basis Point Share (BPS) Analysis By Product Type 5.1.3 Absolute $ Opportunity Assessment By Product Type 5.2 APET Sheet Market Size & Volume Forecast By Product 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 Product Type Chapter 6 Global APET Sheet Market Analysis and Forecast By Application 6.1 Introduction 6.1.1 Key Market Trends & Growth Opportunities By Application 6.1.2 Basis Point Share (BPS) Analysis By Application 6.1.3 Absolute $ Opportunity Assessment By Application 6.2 APET Sheet Market Size & Volume Forecast By Application 6.2.1 Food Packaging 6.2.2 Medical Packaging 6.2.3 Consumer Goods 6.2.4 Packaging 6.2.5 Others 6.3 Market Attractiveness Analysis By Application Chapter 7 Global APET Sheet Market Analysis and Forecast By Distribution Channel 7.1 Introduction 7.1.1 Key Market Trends & Growth Opportunities By Distribution Channel 7.1.2 Basis Point Share (BPS) Analysis By Distribution Channel 7.1.3 Absolute $ Opportunity Assessment By Distribution Channel 7.2 APET Sheet Market Size & Volume Forecast By Distribution Channel 7.2.1 Online 7.2.2 Offline 7.3 Market Attractiveness Analysis By Distribution Channel Chapter 8 Global APET Sheet Market Analysis and Forecast by Region 8.1 Introduction 8.1.1 Key Market Trends & Growth Opportunities by Region 8.1.2 Basis Point Share (BPS) Analysis by Region 8.1.3 Absolute $ Opportunity Assessment by Region 8.2 APET Sheet Market Size Forecast by Region 8.2.1 North America 8.2.2 Europe 8.2.3 Asia Pacific 8.2.4 Latin America 8.2.5 Middle East & Africa (MEA) 8.3 Market Attractiveness Analysis by Region Chapter 9 Coronavirus Disease (COVID-19) Impact 9.1 Introduction 9.2 Current & Future Impact Analysis 9.3 Economic Impact Analysis 9.4 Government Policies 9.5 Investment Scenario Chapter 10 North America APET Sheet Analysis and Forecast 10.1 Introduction 10.2 North America APET Sheet Market Size Forecast by Country 10.2.1 U.S. 10.2.2 Canada 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 North America APET Sheet Market Size & Volume Forecast By Product 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 Product Type 10.8 Absolute $ Opportunity Assessment By Product Type 10.9 Market Attractiveness Analysis By Product Type 10.10 North America APET Sheet Market Size & Volume Forecast By Application 10.10.1 Food Packaging 10.10.2 Medical Packaging 10.10.3 Consumer Goods 10.10.4 Packaging 10.10.5 Others 10.11 Basis Point Share (BPS) Analysis By Application 10.12 Absolute $ Opportunity Assessment By Application 10.13 Market Attractiveness Analysis By Application 10.14 North America APET Sheet Market Size & Volume Forecast By Distribution Channel 10.14.1 Online 10.14.2 Offline 10.15 Basis Point Share (BPS) Analysis By Distribution Channel 10.16 Absolute $ Opportunity Assessment By Distribution Channel 10.17 Market Attractiveness Analysis By Distribution Channel Chapter 11 Europe APET Sheet Analysis and Forecast 11.1 Introduction 11.2 Europe APET Sheet Market Size 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 Basis Point Share (BPS) Analysis by Country 11.4 Absolute $ Opportunity Assessment by Country 11.5 Market Attractiveness Analysis by Country 11.6 Europe APET Sheet Market Size & Volume Forecast By Product 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 Product Type 11.8 Absolute $ Opportunity Assessment By Product Type 11.9 Market Attractiveness Analysis By Product Type 11.10 Europe APET Sheet Market Size & Volume Forecast By Application 11.10.1 Food Packaging 11.10.2 Medical Packaging 11.10.3 Consumer Goods 11.10.4 Packaging 11.10.5 Others 11.11 Basis Point Share (BPS) Analysis By Application 11.12 Absolute $ Opportunity Assessment By Application 11.13 Market Attractiveness Analysis By Application 11.14 Europe APET Sheet Market Size & Volume Forecast By Distribution Channel 11.14.1 Online 11.14.2 Offline 11.15 Basis Point Share (BPS) Analysis By Distribution Channel 11.16 Absolute $ Opportunity Assessment By Distribution Channel 11.17 Market Attractiveness Analysis By Distribution Channel Chapter 12 Asia Pacific APET Sheet Analysis and Forecast 12.1 Introduction 12.2 Asia Pacific APET Sheet Market Size 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 South East Asia (SEA) 12.2.7 Rest of Asia Pacific (APAC) 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 Asia Pacific APET Sheet Market Size & Volume Forecast By Product 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 Product Type 12.8 Absolute $ Opportunity Assessment By Product Type 12.9 Market Attractiveness Analysis By Product Type 12.10 Asia Pacific APET Sheet Market Size & Volume Forecast By Application 12.10.1 Food Packaging 12.10.2 Medical Packaging 12.10.3 Consumer Goods 12.10.4 Packaging 12.10.5 Others 12.11 Basis Point Share (BPS) Analysis By Application 12.12 Absolute $ Opportunity Assessment By Application 12.13 Market Attractiveness Analysis By Application 12.14 Asia Pacific APET Sheet Market Size & Volume Forecast By Distribution Channel 12.14.1 Online 12.14.2 Offline 12.15 Basis Point Share (BPS) Analysis By Distribution Channel 12.16 Absolute $ Opportunity Assessment By Distribution Channel 12.17 Market Attractiveness Analysis By Distribution Channel Chapter 13 Latin America APET Sheet Analysis and Forecast 13.1 Introduction 13.2 Latin America APET Sheet Market Size Forecast by Country 13.2.1 Brazil 13.2.2 Mexico 13.2.3 Rest of Latin America (LATAM) 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 Latin America APET Sheet Market Size & Volume Forecast By Product 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 Product Type 13.8 Absolute $ Opportunity Assessment By Product Type 13.9 Market Attractiveness Analysis By Product Type 13.10 Latin America APET Sheet Market Size & Volume Forecast By Application 13.10.1 Food Packaging 13.10.2 Medical Packaging 13.10.3 Consumer Goods 13.10.4 Packaging 13.10.5 Others 13.11 Basis Point Share (BPS) Analysis By Application 13.12 Absolute $ Opportunity Assessment By Application 13.13 Market Attractiveness Analysis By Application 13.14 Latin America APET Sheet Market Size & Volume Forecast By Distribution Channel 13.14.1 Online 13.14.2 Offline 13.15 Basis Point Share (BPS) Analysis By Distribution Channel 13.16 Absolute $ Opportunity Assessment By Distribution Channel 13.17 Market Attractiveness Analysis By Distribution Channel Chapter 14 Middle East & Africa (MEA) APET Sheet Analysis and Forecast 14.1 Introduction 14.2 Middle East & Africa (MEA) APET Sheet Market Size Forecast by Country 14.2.1 Saudi Arabia 14.2.2 South Africa 14.2.3 UAE 14.2.4 Rest of Middle East & Africa (MEA) 14.3 Basis Point Share (BPS) Analysis by Country 14.4 Absolute $ Opportunity Assessment by Country 14.5 Market Attractiveness Analysis by Country 14.6 Middle East & Africa (MEA) APET Sheet Market Size & Volume Forecast By Product Type 14.6.1 <0.2mm 14.6.2 0.2-1mm 14.6.3 1-2mm 14.6.4 >2mm 14.7 Basis Point Share (BPS) Analysis By Product Type 14.8 Absolute $ Opportunity Assessment By Product Type 14.9 Market Attractiveness Analysis By Product Type 14.10 Middle East & Africa (MEA) APET Sheet Market Size & Volume Forecast By Application 14.10.1 Food Packaging 14.10.2 Medical Packaging 14.10.3 Consumer Goods 14.10.4 Packaging 14.10.5 Others 14.11 Basis Point Share (BPS) Analysis By Application 14.12 Absolute $ Opportunity Assessment By Application 14.13 Market Attractiveness Analysis By Application 14.14 Middle East & Africa (MEA) APET Sheet Market Size & Volume Forecast By Distribution Channel 14.14.1 Online 14.14.2 Offline 14.15 Basis Point Share (BPS) Analysis By Distribution Channel 14.16 Absolute $ Opportunity Assessment By Distribution Channel 14.17 Market Attractiveness Analysis By Distribution Channel Chapter 15 Competition Landscape 15.1 APET Sheet Market: Competitive Dashboard 15.2 Global APET Sheet Market: Market Share Analysis, 2019 15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 15.3.1 OCTAL 15.3.2 epsotech Group 15.3.3 Far Eastern New Century Corporation 15.3.4 Folienwerk Wolfen GmbH 15.3.5 K.P.TECH 15.3.6 Klöckner Pentaplast 15.3.7 NAN YA PLASTICS CORPORATION 15.3.8 Plastirol BV 15.3.9 PolyOne 15.3.10 Retal Industries LTD. 15.3.11 SHINKONG SYNTHETIC FIBERS CORP. 15.3.12 TAEKWANG. 15.3.13 TORAY INDUSTRIES, INC. 15.3.14 XiaMen ZhongTian Plastic Sheet Co, Ltd. 15.3.15 Yangzhou Jinfeng New Material Co., Ltd.
Ask for Research To Be Focused On Specific Regions or Segments
Receive Data As Per Your Format and Definition
Companies Profiled based on Your Requirements
Breaking Down Competitive Landscape as per Your Requirements
Any Level of Customization
Our Clients
Client Testinomials
We needed a highly accurate and precise report, which Growth Market Reports delivered promptly. The company compiled information from a wide array of reliable agencies and sourcess.It is extremely satisfactory to be working with you. Strategy Head of Major Tech Company
We were very pleased to contact Growth Market Reports as they tailored reports precisely as per our requirements. As we are dealing with the aerospace and defense industry, we need reports of high accuracy and substantial quality. Major Player in Defense Industry
Extremely delighted to have a well-crafted report on “Global Packaging Solutions Market Research Report” from your team. Thank you for providing me with all our requirements and for incorporating our suggestions. CMO of Leading Packaging Company from USA
I had a good experience working with Growth Market Reports as they were very open to all constructive changes in the report. I found that the report had its charm embedded with ample of data. Founder and Managing Partner of Major Korean Company
Our company has been working with Growth Market Reports for some years now and we are very happy with the quality of the reports provided by the company.I, on behalf of my organization, would like to thank you for offering professional reports. Global Consulting Firm
According to this Growth Market Reports report, the market from APET Sheet is likely to register a CAGR of 10.4% during forecast period 2020-2027, with an anticipated valuation of USD 3,755.3 million by the end of the 2027.
In addition to market size (in USD Million) and Company Market Share (in % for base year 2019), other data such Macro-economic factors, COVID-19 Impact on the APET Sheet is available in final report.
The market is driven by factors such as growth in industries such as electronics and semiconductor solutions, increased demand in the automotive industry for electronic components, increased concerns about global warming climate change, and increased use of component miniaturization in electronic devices.
The market is expected to witness increment of over 2.8% between 2019 and 2020 owing to the positive impact of COVID-19 pandemic on the APET Sheet market.
The base year considered for the global APET Sheet market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.
Research & development facilities, semiconductor & electronics, solar devices, medical equipment, and others are the key applications that are driving the APET Sheet market.