Materials & Chemicals Market Research News

Packaging film market consumption is expected to reach 63.8 million MT by 2018 illuminated by new report

Materials & Chemicals Research

This report provides in depth survey of Packaging Film market using various market research analysis. It also provides the details about the major key players in the market based on the quality of the products, profiling and financial report of industry.

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The report "Packaging Film Market - By Application (Food, Medical & Pharmaceutical, Consumer Product, Industrial, & Others) & Type (LDPE, LLDPE, HDPE, CPP, BOPP, Polyester, PVC, Polyamide, EVOH, Cellulose, PLA PVDC, PVOH & Others) - Global Trends & Forecast to 2018" . The Packaging film market consumption will grow from an estimated 51.2 million MT in 2013 to 63.79 million MT by 2018, with a CAGR of 4.5% from 2013 to 2018.

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The global Packaging Film market is fragmented and regions such as North America and Europe are in matured stage. However, Asia-Pacific market shows huge potential to grow in this market.

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The rising disposable income of the middle-class in India and China is expected to drive the packaging film market in the coming decade. The top companies in the Packaging Film business include AEP Industries (U.S.), Amcor Ltd.

(Australia), Bemis Company (U.S.), DuPont Teijin Films (U.S.), Jindal Poly Films (India), and Sealed Air Corporation (U.S.). Packaging film industry is going through consolidation activities and inorganic expansion was the preferred growth strategy adopted by the leading players.

The report identifies various sources of Packaging Film production along with their respective market shares. Polyethylene is identified as the key material for packaging film production.

However, biaxially oriented polypropylene (BOPP) is gaining popularity as raw material. Materials such as, EVOH, PLA, PVDC, PHOV, and Polyamide are used to manufacture specialty films.

In matured markets such as North America and Europe, specialty films demand is growing at a faster rate than conventional resin-based films. It also focuses on market share analysis, and market metrics such as drivers, restraints, opportunities, and winning imperatives.

To know more about industry @ www.marketsandmarkets.com/Enquiry_…uying.asp?id=1283

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