Global PET Sealing Films Market: Overview

Similar to all the barrier properties and tensile strength, the quality of the packaging also lies in its sealing properties. PET sealing films are used to protect packaging formats from leakage and to keep products intact. When it comes to the transportation & storage of products, the packaging material for the same requires high tensile strength as well as sealing strength. The PET sealing films market is estimated to witness significant growth during the forecast period, as protective packaging solutions are in high demand.

PET sealing films can also be applied to trays, cups, bowls, and other containers to maintain the freshness of the food. PET sealing films are used for various applications, which include coffee packaging, cheese & dairy products, refillable packaging, cereals, pet food, soft drinks, and cosmetics, among others. Increasing demand for the transportation of products to different places is estimated to boost the demand for PET sealing films. These films are applied to reduce the storage space, as well as to eliminate the waste generated due to other lids or tray covers.

Global PET Sealing Films Market: Dynamics

A single roll of PET sealing film is able to seal thousands of cups and containers, which can drastically reduce the overall packaging cost. A crucial factor that can impact the market growth of any product is cost, and PET sealing films offer a higher profit margin as compared to lids or covers.

However, a ban on the usage plastic, which has been imposed by the governments of different countries, is expected to hamper the growth of the PET sealing films market. The usage of plastic-based product leads to a high carbon footprint, which is restraining the growth of the PET sealing films market. PET sealing films are used to improve the quality and appearance of the packaging formats. Manufacturers are seeking packaging solutions that stand out on retail shelves, thus, transparent packaging solutions are proving to be very effective. PET sealing films are mainly heat-sealable, owing to which they are used as lids on different types of containers. PET sealing films are also used as release liners to seal products such as trays, boxes, and other containers. The PET sealing films market is estimated to witness noticeable growth in the upcoming years, as the demand for safe and secure packaging is also increasing across the globe. The different types of sealing methods are likely to vary from products to products as well as the type of package to be sealed.          

Global PET Sealing Films Market: Segmentation

On the basis of thickness type, the global pet sealing films market has been segmented as:

  • Less than 15 microns
  • 15-36 microns
  • 36-50 microns
  • Above 50 microns

On the basis of product type, the global pet sealing films market has been segmented as:

  • Heat-sealable
  • Self-adhesive
  • Others

Some of the key players in the global PET sealing films market include the 3M Company, Covinil S.A., Polifilm GmbH, Bemis Company Inc., Plastic Suppliers Inc., Berry Global Group, and Jindal Films Ltd., among others.

Global PET Sealing Films Market: Key Developments

  • Manufacturers in the PET sealing films market are providing PET sealing films with high printability, which is suitable for the branding & marketing of particular products. Borealis AG is offering a variety of products in heat seal grades
  • Jindal Films Europe offers the Metallyte metallized barrier and sealant film technologies at Fachpack to provide improved seal integrity

Global PET Sealing Films Market: Regional Outlook

According to the Flexible Packaging Association, in the U.S., flexible packaging accounts for 90% of plastics, in which packaging films represents 46% of the total market. Packaging films are estimated to be used by most of the manufacturers of flexible packaging as well as brand owners, which is boosting the demand for PET sealing films. The North American PET sealing films market is estimated to witness significant growth during the forecast period. According to Plastics Europe, in 2017, the demand for plastic converters in packaging was 39.9%, which is expected to ultimately boost the PET sealing films market.

On the basis of region, global PET sealing films market has been segmented as:

  • North America
  • Latin America
  • Europe
  • Middle East & Africa
  • East Asia (Japan, China, South Korea)
  • South Asia (India, Thailand, Malaysia, Indonesia, Philippines, Rest)
  • Oceania (Australia, New Zealand)

This upcoming business intelligence report is intended to be a one-stop market research solution to guide organizations in taking timely and effective decisions for their business growth. The ongoing study is the culmination of our deep expertise on data science methods, combined with an unparalleled understanding of the external environment and analysis of the industries. Each of the reports by TMR aims at offering a detailed scrutiny of the value chain of our current and prospective customers, takes them from identifying value propositions, and subsequently assist their business executives to implement right strategies to create customer value. We believe that creating and sustaining the customer value is the key pivot on which business executives can create profits for their organizations and increase the market shares, continuously and with sustainability.

Each of our touchpoints through which we engage with the organization/enterprise during the primary research enables us to understand the internal environment it operates in and the ways in which the external environment influences its growth.

Always Evolving with Competition

Excellence is built into the DNA of TMR, and all our teams work collaboratively and committedly toward achieving that in whatever they do. From the very first interaction our teams of research analysts have with any interested market participant to the final preparation processes in each of our reports reflects a rigorous understanding of the dynamic industry environment that businesses operate in.

We relentlessly work to be a differentiator in whatever we do in the current era of hypercompetitive global environment. The result of our unceasing focus on excellence is reflected clearly in the insights and guidance we offer to our customers in order to empower them to create brand equity. Our simple yet very powerful underpinning for navigating the competition is to always keep evolving with changing business environments. Our close-kinit team of research analysts not only believe in this simple philosophy but also implement the same.

Constantly Innovating Our Research Methodologies and Models

We do not limit with any specific market research tool or one standard approach for obtaining or analyzing data. Undoubtedly, our report making process is ever-evolving to meet the customer needs and demands supported broadly by a vast knowledge of data science methods that we combine with business acumen our teams have built upon for several years. Evidently, our primary and secondary research data about customers and consumers have shown that we can go to any lengths to obtain them. This is followed by applying next-gen automation tools integrated with human judgement to clear the clutter, ascertain the most relevant and recent qualitative and quantitative insights, and package them in digestible chunks in our reports for our customers.

We Take Pride in No-One-Size-Fits-All Approach

Over the past several years, we have been conducting market intelligence studies across all industries for all types of organizations — big and small, profit and not-for-profit, and Fortune 500 and Unicorns, as we believe that a sound decision making must be based on no-one-size-fits-all approach. Without doubt, each of the organizations regardless of the industry they are in are affected differently by changes in political, economic, socio-culture, legal, ecological, and legal environments. The research models and the value chain analysis process that our analysts employ for conducting the study uphold this approach.

We look at myriad components of internal and external business environment affecting the growth strategies of organizations. Some of the broader aspects that we focus on are:

  • Our team of Analysts and Support Teams always strive to see the bigger picture in life cycle stages of any industry
  • The Teams focus on obtaining valuable insights into different models of competitive advantage while making an internal environment analysis
  • They keep on modifying the value chain analysis processes of organizations to understand on how customer value is created

Some areas of assessing market dynamics that are used in the research models and methodologies adopted by our analysts can be summarized as:

  • Corporate and business strategies underlying new brand positioning strategies
  • Mapping for strategic planning for business units
  • Various metrics for business portfolio analysis, including BCG matrix
  • Value chain analysis

These will help create and sustain competitive advantage for our prospects and current customers.

Key focus areas and agenda that underpin and catalyze our primary and secondary research initiatives and endeavors are:

  • What are some of the core competencies and distinctive competencies of new entrants and established players in the industry we are analyzing?
  • What are some of the branding opportunities that are emerging at a rapid pace?
  • What are the major competitive forces and elements of external environment shaping the industry life cycle stages of most organizations?
  • Why some competitive strategies are popular than others among leaders in a certain market?
  • What customer-based brand equity strategies companies have leveraged in a certain industry or set of related industries in a sector?
  • What are some of the key pricing strategies that companies in an industry are implementing for marketing their products internationally?
  • Identifying whether market-push or market-pull strategies are more relevant to a certain product or a service?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Disclaimer: This ongoing market research study is a meticulously planned activity where a broad array of factors and aspects that shape the marketing environment and industry are taken into account. However, keeping in mind the constantly changing nature of business dynamics and changing strategic intents, we are always actively making iterations and modifications in our approaches. As always, we are ready to tailor our insights and guidance to suit your requirements. Engage with us to know what more is there for your CXOs.

Enquiry Before Buying

TMR offers Enquiry Before Buying that help clients to get information on their business scenario required where syndicated solutions are not enough.

Enquiry Before Buying

PET Sealing Films Market