Market Value & Growth Projections
Market Value & Growth Projections:
• Global Market Value (2024): US$ 539 Million
• Projected Market Value (2031): US$ 780.55 Million • CAGR (2024-2029): 4.20%
Regional Market Analysis
North America
The North American PET laminating film market is mature but continues to grow due to innovation and demand for premium packaging.
Europe
Europe places strong emphasis on sustainability and recyclability. The EU's stringent regulations on plastic usage have pushed manufacturers to adopt recyclable and biodegradable PET films.
Asia-Pacific
Asia-Pacific is the fastest-growing region in the PET laminating film market. This growth is driven by increasing urbanization, a booming e-commerce sector, and strong manufacturing bases in China, India, Japan, and South Korea.