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 global packaging film market is expected to register decent growth during the coming decade driven by middle class of China and India. With rapid urbanization and increasing disposable income, demand for packaged food and pharmaceutical products are rising in China, India and other emerging nations. Growth in such emerging nations is expected to impact the packaging films industry positively.
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Food packaging is the largest consumer of packaging film followed by pharmaceutical and medical packaging. However, pharmaceutical and medical packaging applications are expected to offer the highest growth during the next five years.
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. The rising disposable income of the middle-class in India and China is expected to drive the packaging film market in the coming decade.
Top Industry Players analyzed in this Research are – 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.
-Innovations in Food and Beverages Packaging
-Rising Demand of Oriented Films
-Increasing Environmental Concerns Driving Bioplastic Materials
– Shifting Demand Towards Flexible Packaging Films
-Matured Western European Markets
-Regulations in The Industry
-Untapped Opportunities in Packaging Industry in Emerging Markets
-Growing Cosmetics Packaging Industry
-Positive Outlook for Specialty Films
Growth Winning Imperative
-Innovation in Sustainable Packaging
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