Press Release

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global PE Films Market to Grow at a CAGR of 3.75% between 2020 and 2025.

According to a new report by EMR titled, 'Global PE Films Market Report and Forecast 2020-2025', the global PE films market reached a volume of almost 55.8 million metric tons in 2019. The market is further expected to grow at a CAGR of 3.75% in the forecast period of 2020-2025 to attain approximately 69.6 million metric tons by 2025.

The global PE films market is supported by the rapid growth of the Asia Pacific market, which is driven by an increase in the end-user demand, particularly from the food and beverage sector. Globally, the market is being aided by the growing consumption of PE films by the fast-moving consumer goods (FMCG) in the packaged food industry. The market is witnessing rapid innovations, for example, down gauged films, which is a cost-effective and nature-friendly product.

Amcor plc (NYSE: AMCR) and RKW Group are the major players in the global PE films market. In February 2019, Amcor plc launched Genesis, which is a new in-store recyclable laminate solution. With the introduction of Genesis, the company is taking a leap ahead of the existing flexible packaging for several consumer goods. The new laminate offering has in-store recyclability and maintains high performance. Genesis is made of an innovative PE formulation and achieves new levels of clarity, stiffness, and gloss near to those of oPP/PE and its laminations. This product is, in a real sense, an in-store recyclable alternative for brand owners and retailers. Such product launches are expected to influence the market positively, especially as consumers are increasingly becoming more eco-conscious.

Market Analysis by End Use and Region:

  • The PE films market, on the basis of end-use, is divided into food and beverages, pharmaceuticals, consumer goods, and industrial sectors, among others.
  • Regionally, the market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global PE films market is driven by the increase in the consumption of stretch and shrink films. 
  • The films have extensive use in packaging, as well as non-packaging applications, due to its physical properties, such as stress, durability, and tear strength, among others, further aiding the market growth.
  • The increasing urbanisation and rising disposable income of the middle-class population are propelling the market growth.
  • The rising demand for food, beverages, and consumer goods in the emerging regions is enhancing the market demand for PE films.
  • The manufacturing machineries and production process are fuelled by technological innovations, further providing an added advantage against the competing packaging counterpart.

Key Offerings of the Report:

  • The EMR report gives an overview of the global PE films market for the periods (2015-2019) and (2020-2025).
  • The report also offers the historical (2015-2019) and forecast (2020-2025) markets for the end-uses and regional markets of the PE films. 
  • It gives an in-depth look at the regional price trends in the global PE films market for the periods (2015-2019) and (2020-2025).
  • It analyses the global trade data, looking into the value and volume of the significant importing as well as exporting countries.
  • The report also gives an overview of the feedstock market, looking into the applications, regional markets, prices, and trade data of polyethylene.

Klöckner Pentaplast, RKW Group, Berry Global, Inc, Bemis Company, Inc., Amcor plc, Sigma Plastic Group, ProAmpac LLC, and Coveris, among others, are the key players in the global PE films market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Wood Pulp Market Report and Forecast 2020-2025


Global Pallet Market Report and Forecast 2020-2025


Global Green Packaging Market Report and Forecast 2020-2025


Global Corrugated Boxes Market Report and Forecast 2020-2025


Global Glass Packaging Market Report and Forecast 2020-2025


NEWSLETTER