Global Plastic Films Market 2024-2028
Plastic Films Market 2024-2028
The plastic films market is forecasted to grow by USD 68 mn during 2023-2028, accelerating at a CAGR of 6.37% during the forecast period. The report on the plastic films market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for barrier packaging, increasing demand for hygienic, flexible packaging materials from food industry, and advanced plastic packaging material substituting glass and metal packaging.
Technavio's plastic films market is segmented as below:
By Material
- Polyethylene (PE)
- Biaxially-oriented polypropylene (BOPP)
- Biaxially-oriented polyethylene terephthalate (BOPET)
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the increased use of LLDPE over other forms of PE as one of the prime reasons driving the plastic films market growth during the next few years. Also, advanced recycling technologies and programs for reducing plastic waste and increasing demand for specialty films and high-performance polymers will lead to sizable demand in the market.
The report on the plastic films market covers the following areas:
- Plastic films market sizing
- Plastic films market forecast
- Plastic films market industry analysis
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plastic films market vendors that include AEP Group, Altopro Inc., Amcor PLC, Berry Inc., Cheever Specialty Paper and Film, Copol International Ltd., Cosmo First Ltd., Inteplast Group, Jindal Poly Films Ltd., Novolex, Oben Holding Group, Poligal SA, Polyplex Corp. Ltd, Sealed Air Corp., SRF Ltd., Taghleef Industries SpA, Toray Industries Inc., Toyobo Co. Ltd., UFlex Ltd., and Vitopel. Also, the plastic films market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The company presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.