PCR PET Film Industry Analysis: the global market size is projected to reach USD 1.18 billion by 2030,

PCR PET Film stands for Post-Consumer Recycled Polyethylene Terephthalate Film. It is a type of film made from recycled PET material, which is commonly used in packaging and labeling applications. PCR PET Film is environmentally friendly as it helps reduce the amount of plastic waste in landfills and promotes recycling efforts.

According to the new market research report “PCR PET Film - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global PCR PET Film market size is projected to reach USD 1.18 billion by 2030, at a CAGR of 9.6% during the forecast period.

• Global PCR PET Film MarketSize(US$ Million), 2019-2030

 

Source: QYResearch, "PCR PET Film - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

 

• Global PCR PET Film Top10Players Ranking and Market Share（Continually updated）

 

Source: QYResearch, "PCR PET Film - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

 

According to QYResearch Top Players Research Center, the global key manufacturers of PCR PET Film include Toyobo Co., Ltd, FlexFilms, Mitsubishi Polyester Film, Sumilon Polyester Ltd, Polyplex, Toray Plastics, Kolon, Klockner Pentaplast, Camvac, Now Plastics, etc. In 2023, the global top five players had a share approximately 95.0% in terms of revenue.

Above figure shows the key players ranked by revenue in PCR PET Film.

• PCR PET Film,Global Market Size, Split by Product Segment

 

Source: QYResearch, "PCR PET Film - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

 

In terms of product type, currently Transparent Film is the largest segment, hold a share of 63.5%.

• PCR PET Film,Global Market Size, Split by ApplicationSegment

 

Source: QYResearch, "PCR PET Film - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

 

In terms of product application, currently Food Packaging is the largest segment, hold a share of 66.7%.

• PCR PET Film,Global Market Size, Split by Region

 

Source: QYResearch, "PCR PET Film - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

 

 

 

PCR PET Film Market Dynamics

Market Drivers:

1. Increasing Environmental Awareness: With a heightened focus on environmental issues such as plastic pollution and climate change, consumers and businesses are shifting towards more sustainable packaging solutions like PCR PET Film.
2. Cost Efficiency: As recycling technology advances and economies of scale come into play, the production of PCR PET Film is becoming more cost-effective. This makes it an attractive option for businesses looking to balance sustainability with affordability.

Restraint:

While the PCR PET Film market is experiencing growth and demand Performance Limitations**: PCR PET Film, being made from recycled materials, may have certain performance limitations compared to virgin PET films. These limitations can include reduced clarity, strength, or barrier properties, which may not meet the specific requirements of all applications.

Opportunity:

1. Sustainable Packaging Trends: The increasing consumer preference for eco-friendly and sustainable packaging solutions presents a significant opportunity for PCR PET Film. Companies can leverage this trend by offering packaging solutions that are not only environmentally friendly but also meet performance requirements.
2. Government Regulations and Initiatives: Government regulations promoting the use of recycled materials and reducing plastic waste can create a favorable environment for the growth of the PCR PET Film market. Companies that invest in sustainable practices and offer recycled content in their products can benefit from government incentives and regulatory support.

 

 

 

 

 

 

About The Authors

Jiashi Dong

Lead Author

Email: dongjiashi@qyresearch.com

QYResearch Guangzhou Branch Analyst, as a member of QYResearch Semiconductor Equipment and Materials Department. The main research directions are in the fields of semiconductor equipment, materials, Robot, and thermally conductive powders. Some subdivided research topics include plastic sealing machines, precursors, electroplating equipment, thermally conductive spherical alumina, etc. At the same time, he is also engaged in the development of market segment reports and participates in the writing of customized projects.

 

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

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