Press release
Machine Direction Oriented (MDO) Films Market predicts steady growth till 2030
Machine Direction Oriented (MDO) Films Market
Market Size and Forecast
The global Machine Direction Oriented (MDO) Films Market is anticipated to reach approximately USD 835.84 million by 2030, growing at a compound annual growth rate (CAGR) of 3% during the forecast period.
๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.maximizemarketresearch.com/request-sample/53436/
๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐๐ก๐ข๐ง๐ ๐๐ข๐ซ๐๐๐ญ๐ข๐จ๐ง ๐๐ซ๐ข๐๐ง๐ญ๐๐ (๐๐๐) ๐ ๐ข๐ฅ๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Machine-direction orientation (MDO) films are created from various polymers and plastic types, such as LDPE, PET, and EVOH, following a detailed processing method. Manufacturers are focusing on enhancing the sealing performance of these films. MDO films are versatile, meeting diverse packaging needs and offering superior sealing capabilities. For instance, NOWOFOL's monoaxially stretched PP films are widely used for robust packaging and as base materials for adhesive tapes.
The report also assesses the impact of the COVID-19 pandemic on market revenues, analyzing the effects on market leaders, followers, and disruptors.
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
MDO films are extensively used in packaging food, beverages, and personal care products. These films extend the shelf life of food items and support the increasing use of personal care products for hygiene maintenance. Key attributes such as strong barriers, tensile strength, and durability make MDO films a lucrative packaging solution compared to other alternatives. Enhanced packaging performance, cost efficiencies, and sustainability are pivotal drivers in the advanced packaging film industry.
๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ
However, the high cost of manufacturing machinery for MDO films poses a significant barrier to market growth. Additionally, stringent government regulations regarding plastic use are expected to challenge market expansion during the forecast period.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
The global MDO films market is segmented based on Material Type, Manufacturing Process, Application, End-use Industry, and Region.
๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ ๐๐ฒ๐ฉ๐
The polypropylene (PP) segment is projected to dominate the market due to its properties like transparency, low density, heat resistance, and steam barrier. Products like NOWOFOL's PP films highlight the efficiency and lightness of polypropylene solutions.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
The bags & pouches segment is expected to see significant growth driven by the rising demand for food and beverage packaging, particularly in rapidly expanding food industries in both developed and developing economies.
๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.maximizemarketresearch.com/request-sample/53436/
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง
North America is projected to hold the largest market share due to the high consumption of pre-packaged and on-the-go food items among the working population. The Asia Pacific region is also anticipated to contribute substantially to market revenues, supported by a strong manufacturing sector. Effective packaging, which enhances product appeal and visibility, plays a crucial role in product sales.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
Recently, Borealis introduced the BorLiteโข and BorShapeโข material families, based on the innovative Borstarยฎ technology, marking a significant advancement in flexible packaging film solutions.
๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The report provides an exhaustive analysis of the global MDO films market, encompassing all industry stakeholders. It presents a detailed assessment of past and present industry status, with projections of market size and trends. The analysis simplifies complex data for easy understanding and includes a thorough examination of key players, market leaders, followers, and new entrants by region.
๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐๐ฅ ๐๐จ๐จ๐ฅ๐ฌ
The report employs PORTER, SVOR, and PESTEL analyses to evaluate the potential impacts of micro-economic factors by region. Both external and internal factors likely to affect business positively or negatively are analyzed, offering a clear future outlook for industry decision-makers.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The competitive landscape is depicted through a clear representation of key players, segmented by application, pricing, financial positions, product portfolios, growth strategies, and regional presence, serving as a valuable guide for investors.
๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.maximizemarketresearch.com/request-sample/53436/
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ
1. Avery Dennison Corporation
2. Toray Industries Inc.
3. Lenzing Plastics GmbH & Co KG
4. Klรถckner Pentaplast Group
5. CCL Industries Inc.
6. NOWOFOL Kunststoffprodukte GmbH & Co. KG
7. UPM Raflatac Inc.
8. Polythene UK Ltd.
9. Borealis AG
10. Trico Specialty Films LLC
๐๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐๐ก๐ข๐ง๐ ๐๐ข๐ซ๐๐๐ญ๐ข๐จ๐ง ๐๐ซ๐ข๐๐ง๐ญ๐๐ (๐๐๐) ๐ ๐ข๐ฅ๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ
๐๐๐ฌ๐ ๐๐๐๐ซ: 2023
๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐ซ๐ข๐จ๐: 2024-2030
๐๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐๐๐ฅ ๐๐๐ญ๐: 2018-2023
๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐ข๐ง 2023: ๐๐๐ 679.61 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง
๐๐๐๐: 3%
๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐ข๐ง 2030: ๐๐๐ 835.84 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐
๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ ๐๐ฒ๐ฉ๐:
โข Polypropylene (PP)
โข High-density polyethylene (HDPE)
โข Linear low-density polyethylene (LLDPE)
โข Linear density polyethylene (LDPE)
โข Polyamide (PA)
โข Ethyl vinyl alcohol (EVOH)
โข Polyethylene terephthalate (PET)
โข Others (e.g., polystyrene (PS))
๐๐ฒ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐ซ๐จ๐๐๐ฌ๐ฌ:
โข Cast films
โข Blown films
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
โข Bags & Pouches
โข Shrink Labels
โข Shrink Wrap
โข Agro Textile
โข Tapes
โข Liners
โข Others
๐๐ฒ ๐๐ง๐-๐๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
โข Food & Beverages
โข Healthcare
โข Personal Care
โข Homecare
โข Agriculture
โข Others
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
โข North America (United States, Canada, and Mexico)
โข Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe)
โข Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and Rest of APAC)
โข Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and Rest)
โข South America (Brazil, Argentina, and Rest of South America)
The comprehensive scope and detailed segmentation of the global MDO films market provide a thorough understanding for stakeholders, investors, and market participants.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐ญ๐ก๐๐ซ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/market-report/global-machine-direction-oriented-mdo-films-market/53436/
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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