Plastic Films Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.
“Plastic Films Market is growing at a High CAGR during the forecast period 2021-2027. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market”.
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Top Key Players Profiled in this report are:
Jindal Poly, Toray Plastics, Bemis Co, DuPont Teijin Films, Taghleef, Gettel Group, Toyobo Company, BPI Polythene, Shuangxing, Cifu Group, Times Packing, Trioplast Industrier AB, Nan Ya Plastics, Oben Licht Holding Group, FSPG, AEP Industries, Eurofilm, Baihong, Huayi Plastic, Great Southeast, Polibak, Zhongda, Guofeng Plastic, Cosmofilms, Berry Platics.
This report provides a detailed and analytical look at the various companies that are working to achieve a high market share in the global Plastic Films market. Data is provided for the top and fastest growing segments. This report implements a balanced mix of primary and secondary research methodologies for analysis. Markets are categorized according to key criteria. To this end, the report includes a section dedicated to the company profile. This report will help you identify your needs, discover problem areas, discover better opportunities, and help all your organization’s primary leadership processes. You can ensure the performance of your public relations efforts and monitor customer objections to stay one step ahead and limit losses.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Plastic Films market.
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Plastic Films market.
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The cost analysis of the Global Plastic Films Market has been performed while keeping in view manufacturing expenses, labor cost, and raw materials and their market concentration rate, suppliers, and price trend. Other factors such as Supply chain, downstream buyers, and sourcing strategy have been assessed to provide a complete and in-depth view of the market. Buyers of the report will also be exposed to a study on market positioning with factors such as target client, brand strategy, and price strategy taken into consideration.
Reasons for buying this report:
- It offers an analysis of changing competitive scenario.
- For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.
- It offers seven-year assessment of Plastic Films Market.
- It helps in understanding the major key product segments.
- Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
- It offers regional analysis of Plastic Films Market along with business profiles of several stakeholders.
- It offers massive data about trending factors that will influence the progress of the Plastic Films Market.
Table of Contents
Global Plastic Films Market Research Report 2021
Chapter 1 Plastic Films Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Plastic Films Market Forecast
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In the world of today, product & packages manufacturers as well as marketplace are under rapid pressure in order to satisfy various complex demands viz. enhanced attributes of environment, reduced costs and improved performances. And within this field, the material chosen by the manufacturer for using it in packages and products may affect its competitive ability. Plastic film, in various cases, has permitted producers to meet diverse demand of marketplace by allowing them to prepare more with less. Awkwardly, there is a lack of information on this kind of broad materials category. Plastic Films Market to Reach a Valuation of US$ XX Bn by 2025
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Often when individuals discuss about plastic films which are technically a plastic with thicknesses of around 0 mils1, people treat these plastics as a material type, that groups into one single category from all kind of stretchy plastic packaging. What these individuals don’t recognize is the plastic films is a composition of wide-ranging category of materials which can be either complex or very simple, depending on the market demand of that specific package or product. Alike plastic containers and bottles, plastic film can also be created with various resins, each having unique set of properties making it ideal for several applications.
For instance, LDPE film also known as low density polyethylene acts as barrier for gas, necessary for chicken packaging which many spoil quickly if it is exposed to oxygen. On the other hand, PVC film also called Polyvinyl chloride is permeable for gas, necessary for red meat packaging which requires oxygen to remain fresh inside the package. Some prominent market players functioning in the global plastic films market include DuPont, Evonik Industries AG, Berry Plastics Corporation, Mitsuibishi Chemical, Honeywell International, Dow Chemical, Eastman Chemical, Amcor Limited, Griffon Corporation, and SABIC, among others.
Rising market demand for materials based on bio-plastic in the food packaging industry is the key factor driving the growth of plastic sheet and films. Excellent physical as well as chemical properties of plastic films propel their demand from industry of packaging. Furthermore, with growing population inclination towards packaged food, developing flexible packaging industry along with escalating disposable income for expending more is also driving the market demand of global plastic film market. The plunge to plastic films market is being delivered by non-packaging industry in developing countries viz. construction that growing fast. Growing countries such as India and China is building more response for the industry.
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The emerging trend of bio plastics usage has augmented the market demand for plastic sheets and films as this demand for specialty films and bio-based films and specialty films is helping construction industry to grow. Among regions, Europe is anticipated to register a CAGR of XX% in terms of value over the forecast period and is estimated to account for XX% volume share by 2016 end. The APAC market is estimated to represent incremental opportunity of US$ XX Bn between 2018 and 2025.
However, availability as well as cost of raw material is hindering the growth of global market for plastic sheets and films. Also, the restraint is compounded by the risk of using alternate material like metals, glass etc. Furthermore, in the future this plastic industry will see certain challenges like it is estimated that Europe region of food packaging will slow down. Moreover, plastic film are colored or clear, plain or printed, single or multi-layered and combination of various materials viz. paper and aluminum, and this flexibility in nature of plastic films is propelling the demand for them by various packaging industry.
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Plastic films exhibit unique properties as they are made from various types of resins, each having unique characteristics. Plastic films are thin and continuous polymeric material. Substituting glass and metal, plastic films have acquired high demand. Plastic films are affordable when it comes to industrial applications, decoration and packaging. In addition, plastic films maintain hygiene which has boosted its application in food packaging industry. These factors are expected to fuel demand for plastic films during the forecast period. Rising environmental concerns and consumer inclination towards eco-friendly products are fuelling the growth of global plastic films market.
Global plastic films market is estimated to witness a robust growth at 6.1% CAGR in terms of market value over the forecast period, according to a report by Trends Market Research. The market value of plastic films in 2016 was worth US $3,150.3 million.
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PET Segment Anticipated to Reflect Highest CAGR Over the Forecast Period
Based on product type, the market is categorised into PVC, PE, PET, PP and others (PA, PS, EVA, etc.). PET segment held the highest market share of 29.6% in terms of value in 2016. This segment is estimated to contribute a significant market share by 2026 end. PET segment is expected to exhibit highest CAGR over the forecast period. This segment was valued at US $20,393.5 million in 2016. PET comprises properties of recycling and sustainability which is further expected to drive the demand for PET segment during the forecast period. In terms of volume, PP segment is estimated to contribute a higher share to global plastic films market, as compared to other segments.
Europe to be a Lucrative Region for Global Plastic Films Market During the Forecast Period
Region-wise, the market is categorised mainly into five regions viz. North America, Europe, Latin America, Middle East & Africa (MEA) and, Asia Pacific (APAC). Europe accounted for 29.2% market share in terms of volume in 2016. In terms of value, this region is expected to exhibit CAGR of 6.7% during the forecast period. Whereas, Asia Pacific is expected to account for US $10.17 billion during the forecast period.
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Wood Grain Patterns Segment to Dominate Global Plastic Films Market
Based on application, the market is categorised into decoration, packaging and industrial applications. Packaging segment is further categorised into blister packs, electronic & electric purposes, and, food containers. Industrial segment is further categorised into safety materials, construction materials and advertisement lighting. While decoration segment is mainly divided into solid colours and wood grain patterns segments as specified in the report.
The Packaging segment is expected to witness significant market share by 2026 end. This segment accounted for 48% market value share in 2016. Based on volume consumption, packaging segment is estimated to exhibit highest share to global plastic films market during the forecast period. Decoration segment is estimated to reflect a higher CAGR over the forecast period, as compared to other segments. Based on volume as well as value, the wood grain patterns segment is estimated to dominate global plastic films market during the forecast period.
Leading Players Providing with Innovative & Consumer-centric Products
Leading players of global plastic films market are focusing on provision of innovative & consumer-centric products, and mergers & acquisitions with an aim of spreading through various regional markets. While some of these leading players are participating in R&D initiatives investment in order to develop new technologies that would cater to increasing demand for high quality plastic films. These leading players of global plastic films market include DuPont, Evonik Industries AG, Berry Plastics Corporation, Mitsubishi Chemical Holdings Corporation, Honeywell International Inc., The Dow Chemical Company, Eastman Chemical Company, Amcor Limited, Griffon Corporation Inc. and, (SABIC) Saudi Basic Industries Corporation.
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The technological advancements in Plastic Films Market, product launches, collaborations are offering lucrative growth opportunities in this industry across global & regional levels. The rising investments in Plastic Films regions, revenue opportunities, top companies, and challenges are stated. The challenges led by the COVID-19 pandemic, leading to a decline in demand, and several initiatives taken by the government are studied in this report. The wide range of end-use applications, Plastic Films major types, revenue, and distributors are stated. The regional analysis covers North America, Europe, APAC, Latin America, and MEA. The report offers key information on the Plastic Films closest approximations of the revenue. The competitive landscape will provide complete insights on suitable go-to-market strategies. Also, market drivers, restraints, challenges, and opportunities are listed.
The top vendors with their company profiles & business analysis are as follows:
DuPont Teijin Films
Trioplast Industrier AB
Nan Ya Plastics
Oben Licht Holding Group
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The report aims to offer new Plastic Films revenue sources by devising new use cases, technologies, product offerings, client partners, and M&A targets. Reports Check analyst offers a holistic research ecosystem so that our clients can benefit from exclusive insights. We have a dedicated client-handling team that takes care of requirement gathering, query handling, and all other support activities. Reports Check offers Plastic Films industry insights and analysis for a smarter decision-making process. The key factors driving the demand are an increase in R&D spending, quality control measures, and demand for Plastic Films by manufacturing companies.
The report caters to the below-mentioned key product types: PE Film
On application/ end-user level following points are covered: Agricultural plastic film
Packaging plastic film
Other plastic film
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The region-wise fastest-growing Plastic Films market with market size in USD Mn and CAGR from 2021 to 2026 is calculated. Also, the top country-wise market size and CAGR is provided. The demand for Plastic Films in each region with production capacity is stated. The associated manufacturing cost and targeted ROI is also analyzed in this research. The adjacent market analysis is also conducted by Reportscheck’s analyst team.
The report begins with Plastic Films research objectives, inclusions & exclusions, market segmentation, limitations, and stakeholders analysis. The entire research flow is presented by Reports Check company in the form of primary and secondary research data. The primary sources, secondary sources, breakdown of primary interviews, and Plastic Films Industry insights are offered. The market size estimation using the bottom-up approach on the Plastic Films demand side is calculated. Also, the market size on the supply side is calculated by analyzing the market size.
The report states the competitive landscape study in the form of product launches, Plastic Films five-year revenue analysis by top companies, & market share analysis. Reportscheck also states the company evaluation matrix, Plastic Films product footprint by company and regions. Also, the startup/SME evaluation quadrant for 2020 is offered by us. The top companies analysis states the business overview, products offered, recent developments, and SWOT analysis.
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The report consists of top-down and bottom-up approaches to estimate Plastic Films market size, revenue, import-export and demand, supply analysis. The secondary data is gathered from corporate filings, annual reports, investors' presentations, and the company’s financial statements. The qualitative and quantitative Plastic Films demand and supply-side information are gathered by paid primary interviews with industry experts like CEO’s, VP’s, marketing directors, R&D directors, and other key opinion leaders.
The revenue generated from each Plastic Films country for every product type, the application is also calculated. Further, the forecast market size and market value by region and country are offered. The regulations, trade analysis, product launches, developments, Plastic Films industry collaborations, and prospects are mentioned. The pandemic impact on 2020 market growth, demand, supply, and availability of raw materials is analyzed.
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