Worldwide Plastic Film Packaging Industry Size: Insights, Growth Trends and Forecast
Report ID : 1351833 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Plastic Film Packaging Industry is categorized based on Material Type (Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Ethylene Vinyl Alcohol (EVOH), Others) and Application (Food & Beverage, Pharmaceuticals, Consumer Goods, Industrial Packaging, Others) and End-Use Industry (Food Packaging, Personal Care Packaging, Healthcare Packaging, Electronics Packaging, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
In 2023, the size of the Plastic Film Packaging Industry was valued at $45 billion and is anticipated to reach $70 billion by 2033, expanding at a 4.6% CAGR between 2024 and 2033. The report encompasses multiple segments and provides an analysis of significant trends and factors impacting the market.
The advancement of e-commerce and the growing need for easy to use packaging has increased the use of plastic film packaging. The growth of the plastic film industry, in conjunction with the more important eco-friendly compounds, has registered plastic film packaging to be one of the busiest subsections of the packaging industry. With businesses shifting towards sustainability as their primary goal to achieve modern day efficacy, plastic films has aided such companies singlehandedly.
The market’s demand is primarily based on economic growth which enables businesses to gain enhanced revenue opportunities while simultaneously focusing on food waste reduction initiatives. Verified Industry Insights understands the resource gap and strives to provide a comprehensive report that would aid businesses in overcoming gaps and achieving malfunction free operations.
Our strategies focus on barriers, industry competition, and overall key plastic film trends which enables us to guarantee smooth endeavours in this ever developing industry. At the heart of our operational goals lies deep analysis on core segments of the market, enabling us to equip clients with powerful insights they can truly capitalize on.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Amcor plc, Sealed Air Corporation, Berry Global Group Inc., Mondi Group, Constantia Flexibles, Bemis Company Inc., Sonoco Products Company, Avery Dennison Corporation, Clondalkin Group Holdings B.V., Wipak Group, Coveris Holdings S.A. |
| SEGMENTS COVERED |
By Material Type - Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Ethylene Vinyl Alcohol (EVOH), Others
By Application - Food & Beverage, Pharmaceuticals, Consumer Goods, Industrial Packaging, Others
By End-Use Industry - Food Packaging, Personal Care Packaging, Healthcare Packaging, Electronics Packaging, Others
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Plastic Film Packaging Industry Dynamics
The Plastic Film Packaging Industry is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Plastic Film Packaging Industry Segmentations
Market Breakup by Material Type
- Overview
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Ethylene Vinyl Alcohol (EVOH)
- Others
Market Breakup by Application
- Overview
- Food & Beverage
- Pharmaceuticals
- Consumer Goods
- Industrial Packaging
- Others
Market Breakup by End-Use Industry
- Overview
- Food Packaging
- Personal Care Packaging
- Healthcare Packaging
- Electronics Packaging
- Others
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Plastic Film Packaging Industry
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Amcor plc
- Sealed Air Corporation
- Berry Global Group Inc.
- Mondi Group
- Constantia Flexibles
- Bemis Company Inc.
- Sonoco Products Company
- Avery Dennison Corporation
- Clondalkin Group Holdings B.V.
- Wipak Group
- Coveris Holdings S.A.
Customization Options
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Company Profiling
● Detailed profiling of additional market players (up to three players)
● SWOT analysis of key players (up to three players)
Competitive Benchmarking
● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
Custom Research
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