Global Blown Film Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Blown Film Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Blown Film is a manufacturing process that produce films of plastic sheeting and tubes. The blown film process is used to produce a wide variety of products, from simple single-layer films for bags to very complex multi-layer structures for food packaging. Such as industrial packaging, shopping bags, garbage bags or plastic wrap, etc.

Market Overview:

The latest research study on the global Blown Film market finds that the global Blown Film market reached a value of USD 9243.12 million in 2022. It’s expected that the market will achieve USD 13363.2 million by 2028, exhibiting a CAGR of 6.34% during the forecast period.

Blown film industry supply chain affected

During the COVID-19 outbreak, many countries have imposed controls on domestic transportation and movement of people, and imposed restrictions on imported and exported goods. This has resulted in varying degrees of logistical disruption, cargo accumulation and shipping delays. The supply chain of the blown film industry is affected. First of all, the procurement of raw materials in the blown film industry is blocked, and the production enterprises are faced with the problem of lack of labor and materials, thus hindering the production of enterprises. The second is the inability to send the goods to buyers, resulting in a backlog of inventory. At present, the global epidemic has been well controlled, and the logistics industries of various countries have resumed operations. The supply chain for the blown film industry has recovered.

Industrial automation will further develop

The epidemic will push the industry to automate production, reduce its reliance on labor, and better cope with labor fluctuations. At the same time, more and more attention will be paid to the intelligence of logistics and the enhancement of the supply chain's ability to resist risks.

Increasing the use of agricultural protective film in African agriculture

First, Africa’s population is growing, and since 1967, Africa has been the fastest-growing continent. The annual population growth rate of the African continent is very high, and the population increases the demand for food. Increasing food demand and increasing emphasis on food productivity in the country will increase the demand for blown film, mainly due to the use of agricultural films that can reduce pests to a certain extent and improve the suitable temperature environment for agricultural production, thereby increasing the productivity of crops . In addition, blown film can help save scarce water resources and promote plant growth, resulting in greater agricultural yields at low cost. At present, the African market is a potential market for blown film, especially South Africa and other countries support agricultural development, which improves the development opportunities for the blown film industry.

The food and beverage industry uses a large amount of blown film

Blown film can be used as food and beverage packaging. With the development of the global economy and the improvement of people's living standards, the variety of food on the market has increased, and the demand for packaging has increased. Blown film can be used as packaging for baked goods, biscuits, cereals, snacks and other food products, and blown film can also be used as packaging for beverage products such as milk.

On the one hand, the food packaging materials of offline shopping brick-and-mortar stores are mainly plastic, such as food packaging bags for supermarket shopping. On the other hand, online purchase of snacks, fresh food and other food, food packaging and transportation packaging are also applied to blown film.

At present, food packaging in the global market mainly includes plastic, paper, metal, glass, etc., and plastic packaging materials account for a large proportion of the total amount of various packaging materials. For example, the European Association of the Plastics Recycling Industry (PRE) released a market report investigating the production, use and recycling of flexible plastic packaging in the EU. The study found that 15 trillion metric tons (Mt) of flexible films are placed on the EU market each year, with food packaging using the largest proportion of blown films. Therefore, the demand for packaging in the food and beverage industry drives the growth of the blown film industry.

Region Overview:

In 2022, the share of the Blown Film market in North America stood at 24.86%.

Company Overview:

Berry Global Group Inc. is one of the major players operating in the Blown Film market, holding a share of 10.2% in 2023.

Berry Global Group Inc.

Berry Global, Inc is a Fortune 500 global manufacturer and marketer of plastic packaging products. The company offers a variety of products including plastic consumer packaging, nonwoven specialty materials and engineered materials.

Coveris Holdings S.A.

Coveris is a leading European packaging company offering a wide range of product development packaging for food, pet food, medical devices, and industrial and agricultural products.

Segmentation Overview:

By type, 3-layers segment accounted for the largest share of market in 2022.

Application Overview:

The market's largest segment by application is the segment Food and Beverages, with a market share of 37.48% in 2022.

Key Companies in the global Blown Film market covered in Chapter 3:

Berry Global Group Inc.
Charter NEX Films
Balcan Plastic
Proampac LLC
Scientex Berhad
Ultimate Flexipack Limited
Korozo Ambalaj San.ve Tic A.S.
Siva Group
Loparex LLC
Huangshan Novel Co., Ltd.
RKW Group
Coveris Holdings S.A.
Winpak Ltd.
Borealis AG

In Chapter 4 and Chapter 14.2, on the basis of types, the Blown Film market from 2018 to 2029 is primarily split into:

2-layers
3-layers
5-layers
7-layers
9-layers
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Blown Film market from 2018 to 2029 covers:

Electronics
Textiles
Food and Beverages
Pharmaceuticals
Consumer Goods
Agriculture
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)