The global packaging film consumption is expected to grow at a CAGR of 4.5% from 2013 to 2018. In terms of value, the market is expected to grow at a CAGR of 5.8% from 2013 to 2018.
Dallas, Texas (PRWEB) December 03, 2013
Packaging films are essential for quality and shelf-life of food, pharmaceutical, and other personal care products. Food packaging industry is the major consumer for packaging film followed by the pharmaceutical and medical packaging. These films are formed by extrusion-blown, extrusion-cast, and extrusion-coating process. Selection of the raw material is primarily based on the end-usage of the films. The key raw materials used in packaging film include LDPE, LLDPE, HDPE, BOPP, CPP, BOPET, PVC, EVOH, PLA, PVDC, PVOH, and others.
Geographically, Asia-Pacific is the major market for packaging film with around 35% of the market share in 2012. North America and Europe held market shares of 25.3% and 24.1% respectively. The global packaging film consumption is expected to grow at a CAGR of 4.5% from 2013 to 2018. In terms of value, the market is expected to grow at a CAGR of 5.8% from 2013 to 2018. China and India are expected to drive the packaging films market in the future. Increasing demand for packaged food and improving healthcare infrastructure is the major reason for growth in China and India.
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In terms of raw materials, polyethylene leads the market, representing 64% of the total raw materials used in 2012. However, polyethylene films demand is growing at a faster rate than polyethylene films. BOPP is the mostly used raw material for flexible packaging film. In matured geographies such as North America and Europe, specialty films are gaining the demand.
1.1 Scope of the Report
The global flexible packaging market is profoundly analyzed in terms of revenue ($million) and volume (‘000 MT) by the aforementioned classifications.
Food packaging, Medical & pharmaceutical packaging, Consumer products packaging, Industrial, Others
Asia-Pacific, Europe, North America, Rest of the World
By Packaging Materials
LDPE, LLDPE, HDPE, BOPP, CPP, BOPET, Polyamide, EVOH, PVC, PVDC, PVOH, Cellulosic
Majors point of table content
9 Company Profiles
9.1 AEP Industries Inc
9.2 Amcor Limited
9.3 Ampac Holdings, LlC
9.4 Bemis Company
9.5 Berry Plastics Corporation
9.6 Charter Nex Films Inc
9.7 Dupont Teijin Films
9.8 Exopack Holding Corporation
9.9 Graphic Packaging Holding Corporation
9.10 Hilex Poly Co LlC
9.11 Innovia Films Ltd
9.12 Jindal Poly Films Ltd
9.13 RKW SE
9.14 Sealed Air Corporation
9.15 Sigma Plastic Group
9.16 Taghleef Industries Llc
9.17 Toyobo Co Ltd.
9.18 Treofan Germany Gmbh
9.19 Uflex Ltd
9.20 Wipak OY
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