April 14, 2022 04:58 ET | Source: Research and Markets Research and Markets

Dublin, April 14, 2022 (GLOBE NEWSWIRE) -- The "Plastic Films & Sheets Market by Material Type (LLDPE, LDPE, HDPE, BOPP, CPP, PVC, PES, PA), Applications (Packaging & Non-Packaging) and Region (North America, Europe, South America, Asia Pacific and Middle East & Africa) - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering. The global plastic films & sheets market size is projected to reach USD 155.1 billion by 2026 from USD 123.8 billion in 2021, at a CAGR of 4.6% during the forecast period.

LLDPE accounted for the largest share amongst other material types in the plastic films & sheets market LLDPE accounts for the largest market share of the total market. However, the demand for PA film type is projected to increase at a faster rate in the near future. The market for PA film is driven by its clear and printable thermoplastic nature and other properties such as high melting point, exceptional strength & toughness, and good oxygen barrier. It is also scratch, puncture, and flex-crack resistant and does not dissolve or absorb grease, oil, and acidic food. Packaging segment accounted for the largest market share amongst applications in the plastic films & sheets market Based on application, the plastic films & sheets market is segmented into two broad categories, namely, Packaging and Non-Packaging. Packaging segment accounts for the largest market share of plastic films & sheets market. Packaging segment is categorized into food, pharmaceutical & medical, consumer goods, industrial, and other packaging applications, which include tobacco, personal care, and home care packaging. Food packaging accounts for the largest share in the global plastic films & sheets packaging market and it is also projected to account for the largest share in the forecast period. Non-packaging segment includes agriculture, construction, medical & healthcare, and other non-packaging applications such as electronics, automotive, and industrial. Agriculture is the largest application of plastic films & sheets in this segment. APAC is projected to grow the fastest in the plastic films & sheets market during the forecast period APAC is the largest market for plastic films & sheets. This large market share is primarily attributed to increasing demand for plastic films & sheets in emerging economies, such as India, China, Indonesia, Malaysia, Vietnam, Singapore, and Thailand, in the region. Moreover, growth in population, increasing urbanization rate, changing trends, and increasing disposable income are driving the consumption of food, particularly, packaged foods. In addition, growth in industrialization, increasing demand due to changing demographics, and government initiatives to attract business investments in various industries including packaging, construction, pharmaceuticals, industrial, and electronics are also driving the market for plastic films & sheets in the region. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary

4 Premium Insights 4.1 Significant Opportunities in the Plastic Films & Sheets Market 4.2 Asia-Pacific: Plastic Films & Sheets Market, by End-Use Industry and Country 4.3 Plastic Films & Sheets Market, by Type 4.4 Plastic Films & Sheets Market, by End-Use Industry 4.5 Plastic Films & Sheets Market, by Region

5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Rising Demand for Bi-Axially Oriented Films 5.2.1.2 Increasing Use of Water-Soluble Films in Various End-Use Industries 5.2.1.3 Increased Demand for Bioplastic Materials 5.2.2 Restraints 5.2.2.1 Stringent Regulations 5.2.2.2 Poor Infrastructure Facilities for Recycling 5.2.2.3 Matured Western European Markets 5.2.3 Opportunities 5.2.3.1 Untapped Opportunities in Emerging Markets 5.2.3.2 Positive Outlook for Specialty Films 5.2.3.3 Growing Usage of Plastic Films & Sheets in Agriculture 5.2.4 Challenges 5.2.4.1 Recycling of Plastics 5.3 Value Chain Analysis 5.4 Porter's Five Forces Analysis 5.5 Trade Analysis 5.6 Ecosystem Mapping 5.7 Trends/Disruptions Impacting Customer's Business 5.8 Technology Analysis 5.8.1 Enzyme/Enzyme-Based Technology 5.8.2 Blown Film Extrusion 5.8.3 Upcoming Technologies 5.8.3.1 Solvent-Targeted Recovery and Precipitation (Strap) Technology 5.8.3.2 Nanocellulose-Coated Pet Film for Packaging 5.9 Impact of COVID-19 on Plastic Films & Sheets Market 5.10 Macroeconomic Overview and Key Trends 5.10.1 Introduction 5.10.2 Trends and Forecast of Gdp 5.11 Tariff & Regulations 5.12 Average Selling Price Analysis

6 Plastic Films & Sheets Market, by Type 6.1 Introduction 6.2 Lldpe 6.3 Ldpe 6.4 Hdpe 6.5 Bopp 6.6 Cpp 6.7 Pvc 6.8 Pes 6.9 Pa 6.10 Others

7 Plastic Films & Sheets Market, by End-Use Industry 7.1 Introduction 7.2 Packaging 7.2.1 Food Packaging 7.2.1.1 Increasing Demand for Convenience Food & Ready-To-Eat Food Driving Market 7.2.2 Pharmaceutical & Medical Packaging 7.2.2.1 Rising Investments in Healthcare Expected to Drive Demand 7.2.3 Consumer Goods Packaging 7.2.3.1 Increasing Usage of Consumer Electronics & Rising E-Commerce Expected to Increase Use of Plastic Films 7.2.4 Industrial Packaging 7.2.4.1 Increasing Demand for Sustainable Packaging to Drive Growth 7.2.5 Others 7.3 Plastic Films & Sheets Market in Non-Packaging 7.3.1 Agriculture 7.3.1.1 Increasing Food Production Driving Market for Agricultural Films 7.3.2 Construction 7.3.2.1 Growing Construction Activities in Emerging Economies Expected to Increase Demand 7.3.3 Medical & Healthcare 7.3.3.1 Increasing Awareness About Personal Hygiene to Drive Market 7.3.4 Others

8 Plastic Films & Sheets Market, by Applications 8.1 Packaging Films 8.2 Stretch Films 8.3 Shrink Films 8.4 Bags 8.5 Pouches 8.6 Wraps 8.7 Others

9 Plastic Films & Sheets Market, by Region

10 Competitive Landscape 10.1 Introduction 10.1.1 Plastic Films & Sheets Market, Key Developments 10.2 Ranking Analysis of Key Market Players 10.3 Market Share Analysis 10.3.1 Amcor plc 10.3.2 Berry Global Group, Inc. 10.3.3 Sabic 10.3.4 Toray Industries, Inc. 10.3.5 Sealed Air Corporation 10.4 Revenue Analysis of Top 3 Players 10.5 Market Evaluation Matrix 10.6 Competitive Evaluation Quadrant (Tier 1) 10.6.1 Star 10.6.2 Emerging Leader 10.6.3 Participants 10.6.4 Pervasive 10.7 Business Strategy Excellence 10.8 Business Product Footprint 10.9 Competitive Evaluation Quadrant (Other Players) 10.9.1 Starting Blocks 10.9.2 Responsive Companies 10.9.3 Progressive Companies 10.9.4 Dynamic Companies 10.10 Competitive Situation & Trends 10.10.1 Product Launches 10.10.2 Deals 10.10.3 Others

11 Company Profiles 11.1 Amcor plc 11.2 Berry Global Group, Inc. 11.3 Sabic 11.4 Toray Industries Inc. 11.5 Sealed Air Corporation 11.6 Uflex Ltd. 11.7 Toyobo Co., Ltd. 11.8 Jindal Poly Films Ltd. 11.9 Dupont Teijin Films 11.10 Oben Holding Group 11.11 Other Companies 11.11.1 Rkw Se 11.11.2 Taghleef Industries 11.11.3 Tekni-Plex 11.11.4 Garware Hi-Tech Films Limited 11.11.5 Cosmo Films 11.11.6 Novolex 11.11.7 Chiripal Poly Films Limited 11.11.8 Pt. Trias Sentosa Tbk 11.11.9 Altopro, S.A. De C.V. 11.11.10 Copol International Ltd.

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