Global Plastic Films Market, By Technology (Nanocomposites, Water-Soluble Films, Biodegradable Films, Barrier Polymer Films), Polymer Type (Polyethylene Films, Polypropylene Films, Polyvinyl Chloride Films, Polyester or Polyethylene Terephthalate, Barrier Polymers, Biodegradable Polymers), Application (Decorative, Packaging, Industrial, Agricultural, Medical and Health Care), End Use Industry (Packaging, Consumer Goods, Construction, Pharmaceutical, Electrical, 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
The plastic films market is expected to witness market growth at a rate of 5.68% in the forecast period of 2021 to 2028. Data Bridge Market Research report on plastic films market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand for packaged food due to the increasing working population is escalating the growth of plastic films market.
Plastic films are also defined as the thin constant polymeric material which is generally thinner than the plastic sheets. Plastic films are now being utilized for the packaging for the global e-commerce orders, which are observing considerable need in the light of strong global security exertions.
Major factors that are expected to boost the growth of the plastic films market in the forecast period are the increase in the need for bi-axially oriented films. Furthermore, the rise in the demand for bioplastic materials is further estimated to cushion the growth of the plastic films market. On the other hand, the guidelines which are limiting the utilization of non-biodegradable plastics which in turn is further anticipated impeding the growth of the plastic films market is expected in the timeline period.
In addition; unmet prospects in advancing countries, positive viewpoint for the specialty films and the rise in the utilization of plastic films or sheets in agriculture are further propelling the growth of the market. However, the matured western advancing countries might further challenge the growth of the plastic films market in the near future.
This plastic 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 localised 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 plastic 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.
Plastic Films Market Scope and Market Size
The plastic films market is segmented on the basis of technology, polymer type, application and end use industry. 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 technology, the plastic films market is segmented into nanocomposites, water-soluble films, biodegradable films, barrier polymer films.
- On the basis of polymer type, the plastic films market is segmented into polyethylene films (PE), polypropylene films (PP), polyvinyl chloride films (PVC), polyester or polyethylene terephthalate, barrier polymers, biodegradable polymers. Polyethylene films (PE) is further sub segmented into high-density plastic films (HDPE), low-density plastic films (LDPE), and linear low-density plastic films (LLDPE). Polypropylene films (PP) are further sub segmented into biaxially oriented polypropylene films (BOPP), cast polypropylene (CPP). Polyvinyl chloride films (PVC) is further sub segmented into rigid polyvinyl chloride films, and Flexible polyvinyl chloride films.
- On the basis of application, the plastic films market is segmented into decorative, packaging, industrial, agricultural, medical and health care.
- On the basis of end use industry, the plastic films market is segmented into packaging, consumer goods, construction, pharmaceutical, electrical, others.
Plastic Films Market Country Level Analysis
The plastic films market is analysed and market size, volume information is provided by country, technology, polymer type, application and end use industry as referenced above.
The countries covered in the plastic films market report are the 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.
Asia Pacific dominates the plastic films market due to the rise in the population. Furthermore, the increase in the standards of living will further boost the growth of the plastic films market in the region during the forecast period. South America is projected to observe significant amount of growth in the plastic films market due to the thriving of the industrial sector. Moreover, rise in the GDP per capita is further anticipated plastic films market in the region in the coming years.
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 Plastic Films Market Share Analysis
The plastic 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 plastic films market.
The major players covered in the plastic films market report are Mitsubishi Chemical Holdings Corporation, DuPont, Dow, Berry Global Inc., FSPG, Jindal Poly Films Ltd., RPC bpi group, Garware Polyester Ltd., Innovia Films, Klöckner Pentaplast, RKW Group, TORAY INDUSTRIES, INC, Uflex Limited, SINOPEC SHANGHAI PETROCHEMICAL COMPANY LIMITED, Treofan Group, Vibac S.p.A., POLYPLEX, Inteplast Group, and Exxon Mobil Corporation, 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.