Plastic Films - Global Market Outlook to 2026: A $199.8 Billion Opportunity - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 9, 2018--The “Plastic Films - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Plastic Films market accounted for $106,785 million in 2017 and expected to grow at a CAGR of 7.2% to reach $199,845 million by 2026.
The rising demand for bio plastics & eco friendly plastics, demand for flexible food packaging materials and increasing demand for decorative laminates are some of the factors driving the market growth. However, impositions of stringent regulations by the government and high cost of raw materials are hindering the market. The biodegradable and specialty films provide ample opportunities in the market.
The stringent government regulations imposing by the governments is one of the major driving factor, as these regulations help in the consumer shift from non degradable materials to biodegradable and eco-friendly material like water soluble films. Edible water soluble films are another type where there is an increasing demand and generating ample opportunities in the market.
Asia Pacific is one of the regions for the better growing markets for plastic films owing to demand in various end user industry such as packaging and consumer goods industry in China region followed by Japan and India.
Increasing demand in consumer trend for packaging industry particularly, in India, Taiwan, and South Korea has made Asia Pacific largest consumer of the global plastic films market followed by increasing in the consumption of plastic films market in North America region.
The third largest market of plastic films is Europe. Latin America and Middle East also witnessed in growth of plastic films market due to various application such as packaging, consumer goods, construction, pharmaceutical, electrical, and others.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Plastic Films Market, By Technology
6 Global Plastic Films Market, By Polymer Type
7 Global Plastic Films Market, By Application
8 Global Plastic Films Market, By Geography
9 Key Developments
10 Company ProfilingMitsubishi Chemical Holdings Corporation Eastman Chemical Company DuPont Evonik Industries AG The Dow Chemical Company Amcor Limited Berry Plastics Corporation Griffon Corporation Inc. FSPG Hi-Tech Co. Ltd. Honeywell International Inc. Jindal Poly Films British Polythene Industries (BPI) RPC Group Bemis Company, Inc. Garware Polyester Limited Innovia Films Limited Toray Plastics Inc. AEP Industries Uflex Ltd. Vibac Group
For more information about this report visit https://www.researchandmarkets.com/research/trdrph/plastic_films?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181109005326/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Plastic Films
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS PACKAGING
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 11/09/2018 09:33 AM/DISC: 11/09/2018 09:33 AM