Food Packaging Film Market Research Report by Plastic Films Type, Packaging Companies, Restraints, Competitive Landscape and Leading Players (AEP Industries Inc., Amcor Limited, Berry Plastics Group, Inc) | Forecast by 2029

Based on previous market performance, the Food Packaging Film market is expected to reach USD 194.27 billion in size by 2028. With a 6.2% CAGR.

Food Packaging Film Market Overview:      

Packaging films are utilized in a variety of industries, including those that produce food, beverages, homecare, personal care, healthcare, electronics, and electrical items.

The talk of the town is single-use packaging. Meat, seafood, and poultry, ready-to-eat meals, dairy products, bakery and confectionery, and other food products are just a few examples of the various subindustries that fall under the umbrella of the food business. In the aforementioned industries, multi-layer film packaging is being employed in place of rigid packaging like PET.

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The market for packaging film is in great demand from the food and beverage sector since it is not only sold to industry giants like beverage conglomerates, supermarkets, and hypermarkets, but it is also sought after for domestic uses.

Based on our expert's analysis the players that are leading the market includes: AEP Industries Inc., Amcor Limited, Berry Plastics Group, Inc., Bemis Company, Inc., Charter NEX Films Inc., DuPont Teijin Films, Coveris Holdings SA, The Dow Chemical Company, Graphic Packaging Holding Company, Hilex Poly Co LlC and Others.

The whole market is segmented as follows:

Food Packaging Films Market by Plastic Films, 2019-2028, (In USD Million)

Polyethylene
Polypropylene
Polyethylene Terephthalate
Polyvinylchloride
Polyamide
Ethylene Vinyl Alcohol

Food Packaging Films Market by Application, 2019-2028, (In USD Million)

Food
Medical & Pharmaceutical
Consumer Product
Industrial & Others

Industry Developments:

In February 2022 - To reduce dependency on virgin plastic films for packaging, Coveris introduced next-generation stretch films with 30% recycled content

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Food Packaging Film Market' s top organizations are operating in a dynamic set-up, wherein they are required to incorporate unprecedented advances to reap benefits from the latest and upcoming information technologies and industry trends.

Regional Analysis:  

This report is segmented into several key Regions, with production, consumption, revenue and market share and growth rate of Food Packaging Film Market. These regions, from 2022 To 2029, covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and ROW.

Our Market Intelligence reports give our clients the information they need to maintain a competitive edge in the marketplace. Competitor Analysis and Profiling studies delve further into a company's competitive strengths and shortcomings. Market assessments conducted by SIS reveal market opportunities, size, and viability.

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