Report forecast the global plastic film market to
grow at a CAGR of 5.31% during the period 2016-2020.
Plastic films are mainly used for packaging
chemicals, consumer goods, food and beverages, and pharmaceutical products.
They are light, non-corrosive, relatively cheap, and can be molded into various
shapes, making them highly applicable for packaging. Their inert nature and
ability to preserve products for a long period make them a popular choice in
the food and beverages industry.
Plastic film packaging is also preferred by various
industries such as food packaging and personal care packaging, as its
attractiveness aids in promotions. It is used by other industries for the
packaging of products like automotive parts, industrial goods, pharmaceutical
products, and other consumer goods. The various materials used in the
manufacturing of plastic films are BOPET, BOPP, cellulosic, CPP, EVOH, HDPE,
LDPE, LLDPE, PVC, PVDC, PVOH, and polyamide. These films prevent the spoilage
of goods from air and moisture, thus enhancing the quality of packaged
products.
The report covers the present scenario and the
growth prospects of the global plastic films market for 2015-2020. The report
also presents the vendor landscape and a corresponding detailed analysis of the
top five vendors operating in the market.
The market is divided into the following
segments based on geography:
- APAC
- North America
- Europe
- ROW
According to the report, rapid urbanization and
increased health awareness are the main factors driving the growth of the
healthcare industry. An increase in per capita income has elevated the
purchasing power of people worldwide, which has had a major positive impact on
the global healthcare market.
Further, the report states that there is increased
competition for plastic films in the market because of the presence of various
substitute forms of packaging materials, such as paper and aluminum foil. In
industrial applications, aluminum is preferred over plastic because of its
absolute chemically inert and heat-resistive properties, which might hinder the
growth of the global plastic films market.
Global Plastic Films Market 2016-2020, has
been prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the market landscape and its growth prospects over
the coming years. The report also includes a discussion of the key vendors
operating in this market.
key players in the Global Plastic Films Market:
Amcor, AEP Industries, Berry Plastic, British Polythene Industries, and Jindal
Poly Films.
Other Prominent Vendors in the market are: Achilles
USA, Balcan Plastic, Bemis, Clopay Plastics, Eurofilm Mantzaris, Gunze,
Inteplast Group, National Plastic Film Company, SABIC Innovative Plastics,
Taghleef, Toray Industries, Toyobo, Tredegar, and Vibac Group.
Market driver
- Increased demand from healthcare industry
- For a full, detailed list, view our report
Market challenge
- Availability of alternative materials
- For a full, detailed list, view our report
Market trend
- Increased use of biodegradable films
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 67 pages and 37 Exhibit “Global
Plastic Films Market 2016 – 2020” report covers Executive summary, Scope of the
report, Market research methodology, Introduction, Market landscape, Market
segmentation by materials, Geographical
segmentation, Market drivers, Impact of drivers, Impact of drivers and
challenges, Market trends, Vendor landscape, Other prominent vendors, Appendix.
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more information Visit at: http://mrr.cm/Jc5
Find all Plastics report at : http://www.marketresearchreports.com/plastics
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