Study: PET film to grow fastest of all packaging films through 2021
Meat, poultry and seafood was among the leading outlets for PET film packaging in 2016.
PET film demand in the packaging market is forecast to expand 2.4% annually to 322 million pounds in 2021, faster than any of the major packaging film resins, according to “Packaging Films Market in the US,” a study from The Freedonia Group, Cleveland, Ohio.
Growth will be driven by rising barrier requirements, particularly in food packaging, as PET’s moderate barrier properties can better address these requirements.