1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
FEATURED COMPANIES
- Bemis Co. Inc.
- Berry Global Inc.
- SABIC
- Sealed Air Corp.
- Toray Industries Inc.
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
Global Specialty Plastic Films Market: About this market
Specialty plastic films are highly tensile, extensible, flexible, and malleable. They are predominantly used as a protective layer to safeguard packaged products from external elements. The specialty plastic films market analysis considers sales from the growing use of specialty plastic films in industries including personal care, packaging, electrical and electronics, and others. Our analysis also considers the sales of specialty plastic films in APAC, Europe, North America, South America, and MEA. In 2018, the packaging segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the change in the consumption pattern of ready-to-eat meals will play a significant role in the packaging segment to maintain its market position. Also, our global specialty plastic films market report looks at factors such as industrialization and economic growth in emerging countries, increasing demand for packaged food and beverages, and growth of the retail sector. However, stringent regulations on the use of non-biodegradable plastics, the slowdown of the manufacturing sector in China, and volatility in raw material prices may hamper the growth of the specialty plastic films industry over the forecast period.
Global Specialty Plastic Films Market: Overview
Increasing demand for packaged food and beverages
The specialty plastic films are extensively used in the food and beverage industry as they have resistance to chemicals and gas and high durability and tensile strength. Also, consumers from developing countries are greatly inclined towards the consumption of packaged food products. This drives the need for efficient packaging materials such as specialty plastic films that will lead to the expansion of the global specialty plastic films market at a CAGR of over 6% during the forecast period.
Increasing adoption of bioplastics
There is an increase in the demand for bio-based plastics that are made from renewable raw materials. The use of these plastics helps industries to minimize the overall carbon footprint. Governments are also coming up with eco-friendly initiatives to encourage the manufacturing of bioplastics. This will create opportunities for polymer manufacturers and have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global specialty plastic films market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading specialty plastic films manufacturers, that include Bemis Co. Inc., Berry Global Inc., SABIC, Sealed Air Corp., and Toray Industries Inc.
Also, the specialty plastic films market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Specialty plastic films are highly tensile, extensible, flexible, and malleable. They are predominantly used as a protective layer to safeguard packaged products from external elements. The specialty plastic films market analysis considers sales from the growing use of specialty plastic films in industries including personal care, packaging, electrical and electronics, and others. Our analysis also considers the sales of specialty plastic films in APAC, Europe, North America, South America, and MEA. In 2018, the packaging segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the change in the consumption pattern of ready-to-eat meals will play a significant role in the packaging segment to maintain its market position. Also, our global specialty plastic films market report looks at factors such as industrialization and economic growth in emerging countries, increasing demand for packaged food and beverages, and growth of the retail sector. However, stringent regulations on the use of non-biodegradable plastics, the slowdown of the manufacturing sector in China, and volatility in raw material prices may hamper the growth of the specialty plastic films industry over the forecast period.
Global Specialty Plastic Films Market: Overview
Increasing demand for packaged food and beverages
The specialty plastic films are extensively used in the food and beverage industry as they have resistance to chemicals and gas and high durability and tensile strength. Also, consumers from developing countries are greatly inclined towards the consumption of packaged food products. This drives the need for efficient packaging materials such as specialty plastic films that will lead to the expansion of the global specialty plastic films market at a CAGR of over 6% during the forecast period.
Increasing adoption of bioplastics
There is an increase in the demand for bio-based plastics that are made from renewable raw materials. The use of these plastics helps industries to minimize the overall carbon footprint. Governments are also coming up with eco-friendly initiatives to encourage the manufacturing of bioplastics. This will create opportunities for polymer manufacturers and have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global specialty plastic films market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading specialty plastic films manufacturers, that include Bemis Co. Inc., Berry Global Inc., SABIC, Sealed Air Corp., and Toray Industries Inc.
Also, the specialty plastic films market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Bemis Co. Inc.
- Berry Global Inc.
- SABIC
- Sealed Air Corp.
- Toray Industries Inc.
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY END-USER
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Bemis Co. Inc.
- Berry Global Inc.
- SABIC
- Sealed Air Corp.
- Toray Industries Inc.
The following companies are recognised as the key players in the global specialty plastic films market: Bemis Co. Inc., Berry Global Inc., SABIC, Sealed Air Corp., and Toray Industries Inc.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing adoption of bioplastics.”
According to the report, one of the major drivers for this market is the increasing demand for packaged food and beverages.
Further, the report states that one of the major factors hindering the growth of this market is the stringent regulations on the use of non-biodegradable plastics.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing adoption of bioplastics.”
According to the report, one of the major drivers for this market is the increasing demand for packaged food and beverages.
Further, the report states that one of the major factors hindering the growth of this market is the stringent regulations on the use of non-biodegradable plastics.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Bemis Co. Inc.
- Berry Global Inc.
- SABIC
- Sealed Air Corp.
- Toray Industries Inc.
Note: Product cover images may vary from those shown
