Latest Plastic Films & Sheets Market by Material Type (LLDPE, LDPE, HDPE, BOPP, CPP, PVC, PES, PA), Applications (Packaging & Non-Packaging) and Region

The Plastic Films & Sheets research report explains the competitive hierarchy of this global Plastic Films & Sheets market by analyzing key strategies of companies operating in the market and their impact analysis. Here, the competitive landscape is because of market suppliers, numerous sales channels, and revenue share. Moreover, the report offers an overview of the market’s determined vendors and the major market players. It also highlights the market value, growth rate, and key players operating the Plastic Films & Sheets market.

The global plastic films & sheets market size is projected to reach USD 155.1 billion by 2026 from USD 123.8 billion in 2021, at a CAGR of 4.6% during the forecast period.

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The report provides a comprehensive analysis of company profiles listed below:

  • Amcor PLC (Switzerland)
  • Berry Global Group Inc. (USA)
  • SABIC (Saudi Arabia)
  • Toray Industries Inc. (Japan)
  • Sealed Air Corporation (USA)
  • Uflex Limited (India)
  • Toyobo Co. Ltd. (Japan)
  • Jindal Poly Films Limited (India)
  • DuPont Teijin Films (USA)
  • Oben Holding Group (Peru)

 

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“LLDPE accounted for the largest share amongst other material types in the plastic films & sheets market”

LLDPE accounts for the largest market share of the total market. However, the demand for PA film type is projected to increase at a faster rate in the near future. The market for PA film is driven by its clear and printable thermoplastic nature and other properties such as high melting point, exceptional strength & toughness, and good oxygen barrier. It is also scratch, puncture, and flex-crack resistant and does not dissolve or absorb grease, oil, and acidic food.

“Packaging segment accounted for the largest market share amongst applications in the plastic films & sheets market”

Based on application, the plastic films & sheets market is segmented into two broad categories, namely, Packaging and Non-Packaging. Packaging segment accounts for the largest market share of plastic films & sheets market. Packaging segment is categorized into food, pharmaceutical & medical, consumer goods, industrial, and other packaging applications, which include tobacco, personal care, and home care packaging. Food packaging accounts for the largest share in the global plastic films & sheets packaging market and it is also projected to account for the largest share in the forecast period.

“APAC is projected to grow the fastest in the plastic films & sheets market during the forecast period”

APAC is the largest market for plastic films & sheets. This large market share is primarily attributed to increasing demand for plastic films & sheets in emerging economies, such as India, China, Indonesia, Malaysia, Vietnam, Singapore, and Thailand, in the region. Moreover, growth in population, increasing urbanization rate, changing trends, and increasing disposable income are driving the consumption of food, particularly, packaged foods.

Research Coverage:

This report covers the plastic films & sheets market and forecasts its market size until 2026. The market has been segmented based on material type, application, and region. The report also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their positions in the market. The report also provides insights into the driving and restraining factors in the plastic films & sheets market, along with opportunities and challenges across these industries.

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