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Plastic Films & Sheets Market worth $350.52 billion by 2030, growing at a CAGR of 5.48% - Exclusive Report by 360iResearch
Plastic Films & Sheets Market | 360iResearch
The Global Plastic Films & Sheets Market to grow from USD 228.57 billion in 2022 to USD 350.52 billion by 2030, at a CAGR of 5.48%.
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The plastic films & sheets are polymer-based materials primarily used for packaging applications, alongside protective layers, insulation, and barrier functions. Rapid urbanization and growing urban populations have led to higher demands for packaged food products, resulting in increased consumption of plastic films. Increasing environmental concerns have elevated the need for recyclable and eco-friendly plastic materials. Governments are implementing stricter regulations on plastic waste management to support the adoption of sustainable materials, benefitting the industry by fostering innovation and investments in eco-friendly alternatives. However, volatile raw material prices may adversely impact the finished plastic film & sheets cost. Moreover, innovations in material science can enable the development of high-performance plastic films with improved mechanical strength, barrier properties, lower weight or reduced material usage, and recyclability without compromising functionality.
The plastic films & sheets market is evolving in the Americas owing to the rapid expansion of the eCommerce sector and innovations in plastic materials to improve their properties. Increasing environmental concerns among consumers lead to surging demand for sustainable packaging solutions in the Americas. European countries within the EMEA region have strict regulations on plastic film recycling and waste reduction, leading manufacturers to invest in eco-friendly alternatives such as bioplastics. The Middle Eastern and African region has witnessed increased demand for food packaging films due to rapid urbanization and population growth. Rise in building & construction activities coupled with significant demand for enhanced materials for producing automotive components are fueling the use of plastic films & sheets in the APAC region. In addition, surging demand for plastic films from the agriculture sector and advancements in the manufacturing process are anticipated to propel the use of plastic films & sheets by the end-use sectors globally.
Market Segmentation & Coverage:
This research report categorizes the Plastic Films & Sheets Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Material, market is studied across High-Density Polyethylene, Linear Low-Density Polyethylene, Low-Density Polyethylene, Medium-Density Polyethylene, Polyamide or Nylon, Polycarbonate, Polyethylene Terephthalate, Polypropylene, Polyvinyl Chloride, Polyvinylidene Chloride, and Ultra Low-Density Polyethylene. The High-Density Polyethylene commanded largest market share of 21.33% in 2022, followed by Polyvinyl Chloride.
Based on Film & Sheet Type, market is studied across Opaque, Translucent, and Transparent. The Transparent commanded largest market share of 49.21% in 2022, followed by Opaque.
Based on Application, market is studied across Non-Packaging and Packaging. The Packaging commanded largest market share of 62.21% in 2022, followed by Non-Packaging.
Based on End-User Verticals, market is studied across Agriculture, Automotives, Construction, Electronics, Food & Beverage, Healthcare, and Telecommunication. The Food & Beverage commanded largest market share of 24.12% in 2022, followed by Automotives.
Based on End-Product, market is studied across Bags, Electrical Fabrication, Labels, Landscaping, Photographic Film, Pouches, Shrink Films, Stretch Films & Wraps, Video Tape, and Wall Panels. The Landscaping commanded largest market share of 23.12% in 2022, followed by Pouches.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.10% in 2022, followed by Asia-Pacific.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Plastic Films & Sheets Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Plastic Films & Sheets Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Plastic Films & Sheets Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Amcor PLC, Avery Dennison Corporation, BASF SE, Berry Global Inc., BOSSAUTO INNOVA, S.A.U., CCL Industries Inc., Celanese Corporation, Corning Incorporated, Coveris Management GmbH, Covestro AG, Dupont Teijin Films Limited, Emco Industrial Plastics, Inc., Evonik Industries AG, Exxon Mobil Corporation, FUJIFILM Corporation, Griff Paper and Film, Hengli Group, HuanYuan Plastic Film Co., Ltd., Jindal Poly Films Limited, Kuraray Co., Ltd., LG Chem Ltd., Lonza Group AG, Lotte Chemical Corporation, LyondellBasell Industries Holdings B.V., Masterpak s.a.l, Merck KGaA, Mitsubishi Chemical Corporation, Nippon Plastics, NOVA Chemicals Corporation, Novolex Holdings, LLC, Parker Hannifin Corporation, PETOSKEY PLASTICS, Plaskolite LLC, PPG Industries, Inc., Pregis LLC, Qingdao Kingchuan Yuanrong International Trading Co.,Ltd., Redwood Plastics and Rubber, RKW Group, SABIC, Saint-Gobain Group, Sealed Air Corporation, Sumitomo Chemical Co., Ltd., Suzhou Omay Optical Materials Co., Ltd., The Dow Chemical Company, Toray Industries, Inc., Toyobo Co., Ltd., Transcendia, Inc., Trinseo PLC, UFlex Limited, and WeProFab.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Plastic Films & Sheets Market, by Material
7. Plastic Films & Sheets Market, by Film & Sheet Type
8. Plastic Films & Sheets Market, by Application
9. Plastic Films & Sheets Market, by End-User Verticals
10. Plastic Films & Sheets Market, by End-Product
11. Americas Plastic Films & Sheets Market
12. Asia-Pacific Plastic Films & Sheets Market
13. Europe, Middle East & Africa Plastic Films & Sheets Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Plastic Films & Sheets Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Plastic Films & Sheets Market?
3. What is the competitive strategic window for opportunities in the Plastic Films & Sheets Market?
4. What are the technology trends and regulatory frameworks in the Plastic Films & Sheets Market?
5. What is the market share of the leading vendors in the Plastic Films & Sheets Market?
6. What modes and strategic moves are considered suitable for entering the Plastic Films & Sheets Market?
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