Report Scope & Overview:
Plastic Films & Sheets Market Size was valued at USD 131.04 billion in 2022, and expected to reach USD 186.35 billion by 2030, and grow at a CAGR of 4.5% over the forecast period 2023-2030. The worldwide plastic films and sheets market is being driven by an increase in demand for plastic films and sheets in rising economies such as APAC and South America. The emergence of sustainable plastic films is being fueled by various restrictions surrounding plastic pollution. The expanding agricultural sector is a chance for the plastic films and sheets business to expand. Plastic film market development is likely to be fueled by increased demand for specialised films.
Demand for Bi-Axially Oriented Films is Growing.
Water-Soluble Films Are Becoming More Popular in a Variety of End-Use Industries
Demand for Bioplastic Materials Has Increased
Regulations that are strict
Recycling infrastructure is inadequate.
Markets in Western Europe that have reached maturity
Emerging Markets' Untapped Potential
Specialty Films Have a Bright Future
In agriculture, the use of plastic films and sheets is increasing.
Impact of Covid-19:
COVID-19 has given the industrial and manufacturing sectors around the world a new working environment. These sectors have been severely harmed by government restrictions on the number of people who can congregate in one place. The virus, for example, has had a major influence on the industrial industry. Manufacturing and production operations in the automotive, metal processing, oil and gas, electronics, and aerospace industries were all temporarily halted during the lockdown. China is the primary source of raw materials for the majority of industries. As a result, supply chain disruptions have harmed industrial output significantly. The pandemic had caused the world economy to decline. COVID-19's impact on all industries will last as long as the pandemic does.
Many countries, notably India, China, and the United States, have opened their economies in recent months, and industrial activity have restarted, albeit with a limited workforce and resources. As most economies have opened, industrial output is projected to rebound. COVID-19 has a good and negative impact on the sales volume of plastic film and sheet makers. Those that rely heavily on packaging applications, notably food packaging, had an increase in revenue as a result of growing food consumption, but companies that rely heavily on the industrial sector saw a decrease in sales volume.
Novolex, Saudi Basic Industries Corporation, Toyobo Co. Ltd, British Polythene Industries Plc, DowDuPont, Toray Industries, Inc, Berry Global, Inc, Plastic Film Corporation of America, Bemis Company, Inc, Sealed Air Corporation, and other players.
By Material Type
Plastic films are currently produced in four primary places across the world. The APAC region, European countries, the North American market size, and the rest of the world are these regions. The increased rivalry is due to the fact that market players in these areas are taking huge steps to extend the market and allow it to continue to thrive. The market in the APAC region is being driven by a rise in the demand for oriented films, which is being accompanied by a rise in the demand for packaged food in the region's growing countries.
The global market in market places, notably the Indian subcontinent, is driven by an increase in the use of plastic films in agriculture in the region. The Asia-Pacific region accounts for a sizable portion of the global industry. In terms of demand for market products such as plastic films and sheets used in packaging, China is projected to lead the APAC market. As a result of China and India's sustained expansion, the Asia-Pacific is anticipated to maintain its dominance in the worldwide market and regions.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 131.04 Billion|
|Market Size by 2030||US$ 186.35 Billion|
|CAGR||CAGR of 4.5% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Material Type (LLDPE, LDPE, HDPE, BOP, CPP, PVC, PES, PA, Others)
• By Application (Packaging, Non-Packaging)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Novolex, Saudi Basic Industries Corporation, Toyobo Co. Ltd, British Polythene Industries Plc, DowDuPont, Toray Industries, Inc, Berry Global, Inc, Plastic Film Corporation of America, Bemis Company, Inc, Sealed Air Corporation, and other players.|
|DRIVERS||• Demand for Bi-Axially Oriented Films is Growing.
• Water-Soluble Films Are Becoming More Popular in a Variety of End-Use Industries
• Demand for Bioplastic Materials Has Increased
|Restraints||• Regulations that are strict
• Recycling infrastructure is inadequate.
• Markets in Western Europe that have reached maturity
Frequently Asked Questions (FAQ) :
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Primary or secondary type of research done by this reports.
Ans:COVID-19 has given the industrial and manufacturing sectors around the world a new working environment. These sectors have been severely harmed by government restrictions on the number of people who can congregate in one place. The virus, for example, has had a major influence on the industrial industry. Manufacturing and production operations in the automotive, metal processing, oil and gas, electronics, and aerospace industries were all temporarily halted during the lockdown. China is the primary source of raw materials for the majority of industries. As a result, supply chain disruptions have harmed industrial output significantly. The pandemic had caused the world economy to decline. COVID-19's impact on all industries will last as long as the pandemic does.
Ans: Regulations that are strict, Recycling infrastructure is inadequate and Markets in Western Europe that have reached maturity are the restraints for Plastic Films & Sheets Market.
Ans: Plastic Films & Sheets Market Size was valued at USD 125.4 billion in 2021, and expected to reach USD 170.65 billion by 2028, and grow at a CAGR of 4.5 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
18.104.22.168 United Kingdom
22.214.171.124 South Korea
126.96.36.199 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 Forces Model
7. PEST Analysis
8. Plastic Films & Sheets Market Segment, By Material Type
9. Plastic Films & Sheets Market Segment, By Application
9.1.2 Consumer goods
10. Regional Analysis
10.2 North America
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4.2 South Korea
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.3 South Africa
10.6 Latin America
10.6.3 Rest of Latin America
11. Company Profile
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 Saudi Basic Industries Corporation
11.3 Toyobo Co. Ltd
11.4 British Polythene Industries Plc
11.6 Toray Industries, Inc
11.7 Berry Global, Inc
11.8 Plastic Film Corporation of America
11.9 Bemis Company, Inc
11.10 Sealed Air Corporation
12. Competitive Landscape
12.1 Competitive Benchmark
12.2 Market Share analysis
12.3 Recent Developments
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