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Plastic Films & Sheets Market

Plastic Films & Sheets Market Size and Segment by Material Type (LLDPE, LDPE, HDPE, BOP, CPP, PVC, PES, PA, Others), By Application (Packaging, Non-Packaging), and by Regions | Global Forecast 2022-2028

Report Id: SNS/C&M/1723 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

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. 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.

Plastic Films & Sheets Market Revenue Graph

Market Dynamics:

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

Opportunity:

  • Emerging Markets' Untapped Potential

  • Specialty Films Have a Bright Future

  • In agriculture, the use of plastic films and sheets is increasing.

Challenge:

  • Plastics Recycling

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.

Key Players:

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.

Market Segmentation:

By Material Type

  • LLDPE
  • LDPE
  • HDPE
  • BOPP
  • CPP
  • PVC
  • PES
  • PA
  • Others

By Application

  • Packaging

    • Food

    • Consumer goods

    • Medical

    • Others

  • Non-Packaging

    • Construction

    • Healthcare

    • Agriculture

    • Others

Plastic Films & Sheets Market Segment Pie Chart

Regional Analysis:

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.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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

Plastic Films & Sheets Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 125.4 Billion
Market Size by 2028 US$ 170.65 Billion
CAGR CAGR of 4.5% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Plastic Films & Sheets Market Segment, By Material Type:

8.1 LLDPE

8.2 LDPE

8.3 HDPE

8.4 BOPP

8.5 CPP

8.6 PVC

8.7 PES

8.8 PA

8.9 Others

 

9. Plastic Films & Sheets Market Segment, By Application:

9.1 Packaging

9.1.1 Food

9.1.2 Consumer goods

9.1.3 Medical

9.1.4 Others

9.2 Non-Packaging

9.2.1 Construction

9.2.2 Healthcare

9.2.3 Agriculture

9.2.4Others

 

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

 

11. Company Profile

11.1 Novolex

11.1.1 Financial

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

11.5 DowDuPont

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

 

13. Conclusion

 

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Secondary Research

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