Global Machine-Direction Orientation (MDO) Films Market, By Material Type (Polypropylene (PP), HDPE (High Density Polyethylene), Linear Low Density Polyethylene (LLDPE), Low Density Polyethylene (LDPE), PET (Polyethylene), Others), Manufacturing Process (Blown Film, Cast Film), Application (Bags and Pouches, Shrink labels, Shrink Wrap films, Agro-textile, Tapes, Liners and Coatings, Others), End User (Healthcare, Food and Beverages, Personal Care, Homecare, Agriculture, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Machine-Direction Orientation (MDO) Films Market
The machine-direction orientation (MDO) films market size is expected to grow at a compound annual growth rate of 5.3% for the forecast period of 2021 to 2028. Data Bridge Market Research report on machine-direction orientation (MDO) films market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Machine-direction orientation films are the films which are made up of a polymer after processing it. A polymer is heated at a temperature little below its melting point and stretched to a specific orientation.
The machine-direction orientation (MDO) films market is rising in demand due to the increase in the usage in packaging of various food and beverages and personal care products. Also, the rise in films have various properties counting strong barrier, tensile, and strength which serves as a cost-effective packaging solution for the manufacturer when compared to alternatives of packaging are also highly impacting the growth of the machine-direction orientation (MDO) films in the forecast period of 2021 to 2028. The high demand for these films among the food and beverages industry is also anticipated to flourish the demand of the machine-direction orientation (MDO) films market owing to the above mentioned reasons and is also is projected to grow substantially during the forecast period. Furthermore, the high demand for on-the-go consumption is also expected to push the growth of machine-direction orientation (MDO) films market in the above mentioned forecast period.
The major factor which actively drives the demand of machine-direction orientation (MDO) films market is the latest technologies and designs and new products launches and high demand for folding cartons. Likewise, the rise in the usage of personal care product in order to maintain personal hygiene and high demand for machine-direction orientation films among the food and beverages industry will further offer various growth opportunities for the growth of machine-direction orientation (MDO) films market over the forecast period of 2021 to 2028.
However, the high cost of manufacturing machinery used to manufacture machine-direction orientation films are also expected to impede the growth of the machine-direction orientation (MDO) films market in the above mentioned forecast period, whereas the strict government regulations coupled with usage of plastic material have the potential to challenge the growth of the machine-direction orientation (MDO) films market.
This machine-direction orientation (MDO) films market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the machine-direction orientation (MDO) films market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Machine-Direction Orientation (MDO) Films Market Scope and Market Size
The machine-direction orientation (MDO) films market is segmented on the basis of material type, manufacturing process, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material type, the machine-direction orientation (MDO) films market is segmented into polypropylene (PP), HDPE (high density polyethylene), linear low density polyethylene (LLDPE), low density polyethylene (LDPE), pet (polyethylene) and others. Others have further been segmented into polystyrene (PS), polyamide (PA) and others.
- Based on manufacturing process, the machine-direction orientation (MDO) films market is segmented into blown film and cast film.
- Based on application, the machine-direction orientation (MDO) films market is segmented into bags and pouches, shrink labels, shrink wrap films, agro-textile, tapes, liners and coatings and others.
- The end user segment for machine-direction orientation (MDO) films market is segmented into healthcare, food and beverages, personal care, homecare, agriculture and others.
Machine-Direction Orientation (MDO) Films Market Country Level Analysis
The machine-direction orientation (MDO) films market is analyzed and market size, volume information is provided by country, material type, manufacturing process, application and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America leads the machine-direction orientation (MDO) films market because of the increase in the consumption of pre-packaged and on-the-go food items among the working people. Asia-Pacific is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to strong presence of the manufacturing industry as well as the easy availability of raw material and labor at a lower cost.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Machine-Direction Orientation (MDO) Films Market Share Analysis
The machine-direction orientation (MDO) films market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to machine-direction orientation (MDO) films market.
The major players covered in the machine-direction orientation (MDO) films market report are AVERY DENNISON CORPORATION, TORAY INDUSTRIES, INC., Lenzing Plastics, Klöckner Pentaplast, CCL Label Eclipse Films, NOWOFOL Kunststoffprodukte GmbH & Co. KG, UPM, Polythene UK Ltd., Borealis AG, Trico Specialty Films, Futamura Group, Davis-Standard, LA Plastpacks Pvt Ltd., POLYSACK LTD., Coveris, Windmöller & Hölscher, and Hosokawa Micron Group among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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