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The global speciality plastic films market size is expected to grow at a CAGR of 7% in the forecast period of 2023-2028. The market growth is being driven by the rising demand for bioplastics.
The growing environmental issues around the globe have led to an increased demand for plastics based on biopolymers. These bio-based plastics are produced from biodegradable and renewable raw materials such as plant seeds, including sugarcane, soybean, wood pulp, maize, wheat, coffee, and castor. Such bio-based plastics will be increasingly used in industrial and consumer goods applications to decrease emissions and general carbon footprint considerably. The use of biodegradable packaging is further enhanced by corporate eco-friendly projects and the abundance of raw materials during the bioplastic production. Despite the useful features of standard plastics, the ongoing product advances by polymer producers will increase the acceptance of bio-plastic packaging.
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Plastic film is described as a consistent type of thin plastic material, generally tore or cut into sheets on a core. It is possible to manufacture plastic film from distinct plastic resins, each with its distinctive physical characteristics that are different for different apps.
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The speciality plastic films industry can be divided based on end-use into:
The EMR report looks into the regional markets of speciality plastic films like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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The speciality plastic films market is driven by the growing adoption of bioplastics. The various useful characteristics of speciality plastic films, such as their high tensile strength, durability, high temperature, and moisture, chemicals, and gas resistance, will increase their demand for food and beverage packaging applications. Speciality plastic films are lightweight, puncture-resistant, and improve aesthetic appearance, thus, improving the saleability of food and beverage products. The increasing demand for packaged food and beverage products is anticipated to fuel the need for fresh packaging techniques and effective packaging materials such as speciality plastic films. The growing demand for packaged food is an essential factor driving the development of the market for speciality plastic films.
The report presents a detailed analysis of the following key players in the global speciality plastic films market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- End Use, Region |
Breakup by End Use | Packaging, Personal care, Electrical and electronics, Others |
Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Bemis Co. Inc., Berry Global Inc., Sealed Air Corp. (NYSE: SEE), Toray Industries Inc. (TYO: 3402), SABIC Corporation (TADAWUL: 2010), Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Speciality Plastic Films Market Analysis
8.1 Key Industry Highlights
8.2 Global Speciality Plastic Films Historical Market (2018-2022)
8.3 Global Speciality Plastic Films Market Forecast (2023-2028)
8.4 Global Speciality Plastic Films Market by End Use
8.4.1 Packaging
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Personal Care
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Electrical and Electronics
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Speciality Plastic Films Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
9 North America Speciality Plastic Films Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Speciality Plastic Films Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Speciality Plastic Films Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.2 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Speciality Plastic Films Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Speciality Plastic Films Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Price Analysis
15.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
15.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
15.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
15.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
15.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Bemis Co. Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Berry Global Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Sealed Air Corp. (NYSE: SEE)
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Toray Industries Inc. (TYO: 3402)
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 SABIC Corporation (TADAWUL: 2010)
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Speciality Plastic Films Market: Key Industry Highlights, 2018 and 2028
2. Global Speciality Plastic Films Historical Market: Breakup by End Use (USD Million), 2018-2022
3. Global Speciality Plastic Films Market Forecast: Breakup by End Use (USD Million), 2023-2028
4. Global Speciality Plastic Films Historical Market: Breakup by Region (USD Million), 2018-2022
5. Global Speciality Plastic Films Market Forecast: Breakup by Region (USD Million), 2023-2028
6. North America Speciality Plastic Films Historical Market: Breakup by Country (USD Million), 2018-2022
7. North America Speciality Plastic Films Market Forecast: Breakup by Country (USD Million), 2023-2028
8. Europe Speciality Plastic Films Historical Market: Breakup by Country (USD Million), 2018-2022
9. Europe Speciality Plastic Films Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Asia Pacific Speciality Plastic Films Historical Market: Breakup by Country (USD Million), 2018-2022
11. Asia Pacific Speciality Plastic Films Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Latin America Speciality Plastic Films Historical Market: Breakup by Country (USD Million), 2018-2022
13. Latin America Speciality Plastic Films Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Middle East and Africa Speciality Plastic Films Historical Market: Breakup by Country (USD Million), 2018-2022
15. Middle East and Africa Speciality Plastic Films Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Global Speciality Plastic Films Market Structure
The global speciality plastic films market is projected to grow at a CAGR of nearly 7% in the forecast period of 2023-2028.
The major drivers of the industry include rising disposable incomes, increasing population, and the rising demand for packaged food and beverage products.
The rising adoption of bioplastics is expected to be a key trend guiding the growth of the industry.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
The leading end use sectors in the industry include packaging, personal care, and electrical and electronics, among others.
The leading players in the market are Bemis Co. Inc., Berry Global Inc., Sealed Air Corp. (NYSE: SEE), Toray Industries Inc. (TYO: 3402), and SABIC Corporation (TADAWUL: 2010), among others.
The global speciality plastic films market is being driven by the increasing demand for packaged food and beverage products. Aided by the rising adoption of bioplastics, the industry is expected to witness a healthy growth in the forecast period of 2023-2028, growing at a CAGR of 7%.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on end uses, the global market for specialty plastic films can be segmented into packaging, personal care, and electrical and electronics, among others. The major regional markets for speciality plastic films are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include Bemis Co. Inc., Berry Global Inc., Sealed Air Corp. (NYSE: SEE), Toray Industries Inc. (TYO: 3402), and SABIC Corporation (TADAWUL: 2010), among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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