Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 131.77 Billion |
| USD 189.55 Billion | |
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Global Polyfilm Market, By Resin Type (Polyethylene (PE), Polyethylene Tetraphlate (PET), Polypropylene (PP), Cast Polypropylene (CPP), Polyvinyl Chloride (PVC), Biaxially-Oriented Resins, Others), Type (Stretch Film, Shrink Film), Processing (Blow Molding, Casting), Texture (Transparent, Opaque), End-User (Packaging, Agriculture, Building and Construction, Consumer Goods, Medical, Others) – Industry Trends and Forecast to 2030.
The growth of the polyfilm market is highly dependent on growing demand for polyfilms for several applications such as medical applications, food packaging and others. Biaxially oriented polypropylene films polyfilms are projected to witness a significant rise in demand because they are being progressively used in food packaging applications and are replacing cellophane owing to their low costs and favourable characteristics over the forecast period.
Data Bridge Market Research analyses that the polyfilm market is expected to reach USD 189.55 billion by 2030, which is USD 131.77 billion in 2022, registering a CAGR of 4.65% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Report Metric
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Details
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Forecast Period
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2023 - 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Resin Type (Polyethylene (PE), Polyethylene Tetraphlate (PET), Polypropylene (PP), Cast Polypropylene (CPP), Polyvinyl Chloride (PVC), Biaxially-Oriented Resins, Others), Type (Stretch Film, Shrink Film), Processing (Blow Molding, Casting), Texture (Transparent, Opaque), End-User (Packaging, Agriculture, Building and Construction, Consumer Goods, Medical, Others)
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Countries Covered
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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, South Africa, Egypt, Israel, 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
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Market Players Covered
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Jindal Poly Films (U.S.), Polyvinyl Films, Inc (U.S.), Formosa Plastics Corporation (Taiwan), Uflex Limited (India), SRF Limited (India), Cosmo Films Ltd (U.S.), Taghleef Industries SL (U.S.), POLYPLEX (India), POLIFILM Group (Germany), CHIRIPAL POLY FILM (India), GARWARE HI-TECH FILMS LIMITED (India), Max Speciality Films Limited (MSFL) (India), Specialty Polyfilms India Pvt. Ltd. (India), Treofan Group (Germany), GTS Flexible Materials (U.K.), Steinerfilm, Inc. (U.S.)
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Market Opportunities
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Market Definition
Polyfilm is also called polyethylene film. These films are composed of complex and simple materials of different features, serving different purposes. In the fabric, garment, sewn goods, apparel and other related industries, poly films are used to protect goods from dust, moisture and dirt during shipment.
Drivers
Polyfilms are available in almost every sizes, shapes and materials and are much easy to adapt for numerous application, this versatility of polyfilms is making them perfect and more popular in numerous industry verticals. Polyfilms are low cost and lightweight compared to other substitutes, which also favours their adoption in different applications. Polyfilms possess excellent impact resistance qualities and are highly flexible, makingpossess excellent impact resistance qualities and are highly flexible, making them perfect for packaging applications. Polyfilms are being used for transportation of consumer electronics and secure packaging that are anticipated to witness high demand during the forecast period.
Construction activities have augmented globally and are projected to follow a similar trend during the forecast period as well. Along with the construction sector, the usage of polyfilms has augmented in numerous other industries such as pharmaceutical, packaging, agriculture and others and this is expected to drive the sales of polyfilms in the coming years. Moreover, the packaging industry is also projected to propel the shipments of polyfilms owing to the increasing sales of numerous products.
Opportunities
Rising focus on healthcare is highly expected to propel the consumption of medical flexible packaging all over the globe in the upcoming years. Growing sales of pharmaceuticals are expected to increase the consumption of polyfilm for packaging due to their low costs and assured protection quality.
Moreover, pharmaceutical sector has huge necessities for these packaging solutions in terms of cost-effectiveness, high levels of protection, insulation from the outside environment and ease of handling. Thus, these packaging films are widely used in the pharmaceutical sector and are expected to boost the market's growth rate.
Restraints/ Challenge
Sustainability has become a trend on a large scale. To attain sustainability, governments are enforcing new eco-friendly regulations all over the globe that prevent further environmental degradation. Sales of polyethylene (PE) polyfilms are expected to witness a declinein the market globally. These mandates are banning the usage of products that are difficult to recycle and since recycling polyfilms is a major challenge for manufacturers it is anticipated to have a negative impact on overall market over the forecast period.
This polyfilm 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, geographic expansions, technological innovations in the market. To gain more info on the polyfilm market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
The polyfilm market is segmented on the basis of resin type, type, processing, texture and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Resin Type
Type
Processing
End-User
The polyfilm market is analyzed and market size insights and trends are provided by country, resin type, type, processing, texture and end-user as referenced above.
The countries covered in the polyfilm 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, South Africa, Egypt, Israel, 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 is expected to dominate the polyfilm market owing to the rise in the applications of polyfilms in pharmaceutical and medical industries and increase in the demand of polyfilm for numerous applications in this region.
North America is expected to be the fastest developing region during the forecast period of 2023-2030 owing to the growing retail sales and augmented usage of polyfilm in the region's industries.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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.
The polyfilm 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 polyfilm market.
Some of the major players operating in the polyfilm market are:
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To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Polyfilm Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Polyfilm Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.