Rising adaptation of plastic films and sheets in the food and pharmaceutical packaging is propelling growth of the global plastic films and sheets market. In addition, rising disposable income, coupled with growing demand for packaged food are some factor supporting growth the global plastic films and sheet market. Lower cost of plastic films and sheets is the major driving factor for the global market. Furthermore, vigorous demand for packaged food products in the vastly populated developing economies influences the global market growth. Innovations in production process, along with increasing research and development to produce bio-degradable plastic by manufactures operating in the global market are creating growth opportunity in the global plastic films and sheets market over the forecast period.Plastic Films and Sheet Market was valued at US$ 147 billion in 2024 and is projected to grow at a CAGR of 6.0% to reach US$ 250.4 billion by 2034.

The report " Plastic Films and sheet Market, By Product Type (Low-Density Polyethylene (LDPE), High-Density Polyethylene (HDPE), Polyvinyl Chloride (PVC), Polyamide (PA), Biaxially Oriented Polypropylene (BOPP), Others (Polyether Sulfone, Biaxially Oriented Polyethylene Terephthalate, and Ethylene Vinyl Alcohol)), By Application (Packaging and Non-Packaging), and Region - Global Forecast to 2034"

Key Highlights:

• In August 2018, for instance, Amcor Limited has acquire Bemis Company, Inc. to offer customers and employees the most compelling value proposition in the packaging industry and deliver the most sustainable innovations for the environment.

Key Market Insights from the report:          

Plastic Films and Sheet Market was valued at US$ 147 billion in 2024 and is projected to grow at a CAGR of 6.0% to reach US$ 250.4 billion by 2034. The market report has been segmented on the basis of product type, application, and region.

• By product type, the low-density polyethylene (LDPE) is segment accounted for major revenue share in 2018, owing to its properties of low-density polyethylene such as chemical resistant, moisture resistant, higher tensile strength, and low cost.
• By application, the packaging segment is accounted for major revenue share in 2018 due to growing demand for packed food and consumer goods is anticipated to augment market growth. In addition, rising demand for flexible packaging in food industry is expected to drive market growth.
• By region, Asia pacific plastic films and sheet market accounted for major revenue share of the global plastic films and sheet market and is further anticipated to maintain its dominance over the forecast period. This is attributed to Presence of well established plastic films and sheets industries in the country in the region. Rapid urbanization, increasing infrastructure development activities in developing economies, particularly in countries such as India, China, and Indonesia are some major factors expected to support growth of the Asia Pacific market over the forecast period. The market in North America is expected to account for second-highest revenue share in 2018.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on "Plastic Films and sheet Market”, By Product Type (Low-Density Polyethylene (LDPV), High-Density Polyethylene (HDPV), Polyvinyl Chloride (PVC), Polyamide (PA), Biaxially Oriented Polypropylene (BOPP), Others (Polyether Sulfone, Biaxially Oriented Polyethylene Terephthalate, and Ethylene Vinyl Alcohol)), By Application (Packaging and Non-Packaging), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)- forecast till 2034"

The prominent player operating in the plastic films and sheet market includes Amcor Limited, Toray Industries, Inc., Berry Global, Inc., Bemis Company, Inc., Saudi Basic Industries Corporation, Jindal Poly Films Ltd., Plastic Film Corporation of America, Toyobo Co., Ltd., Sealed Air Corporation, and AEP Industries Inc.

About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

Some Important Points Answered in this Market Report Are Given Below:

• Explains an overview of the product portfolio, including product development, planning, and positioning
• Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
• Detailed analysis of the market revenue over the forecasted period.
• Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
• Study on the segments that are anticipated to dominate the market.
• Study on the regional analysis that is expected to register the highest growth over the forecast period

To know more

Contact Us:

Sales

Prophecy Market Insights

1 860 531 2574

Email- sales@prophecymarketinsights.com

Website- www.prophecymarketinsights.com

Blog- www.prophecyjournals.com