Packaging Film Market Expected to Reach 63.8 Million MT by 2018

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MarketsandMarkets Presents
Packaging Film Market Expected to Reach 63.8
Million MT by 2018
http//www.marketsandmarkets.com/Market-Reports/pa
ckaging-film-market-1283.html
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The report "Packaging Film Market - By
Application (Food, Medical Pharmaceutical,
Consumer Product, Industrial, Others) Type
(LDPE, LLDPE, HDPE, CPP, BOPP, Polyester, PVC,
Polyamide, EVOH, Cellulose, PLA PVDC, PVOH
Others) - Global Trends Forecast to 2018",
defines and segments the global packaging film
market with analysis and forecasting of the
global revenue and consumption. The Packaging
film market consumption will grow from an
estimated 51.2 million MT in 2013 to 63.79
million MT by 2018, with a CAGR of 4.5 from 2013
to 2018. Browse gtgt 80 data
tables 49 figures
221 pages and in-depth TOC on
Packaging Film Market  http//www.marketsandma
rkets.com/Market-Reports/packaging-film-market-128
3.html Early buyers will receive 10
customization of reports.
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The increasing demand for packaged food and
pharmaceutical products in growing economies such
as China, India, Turkey, Poland, Brazil, and
Mexico is driving the global market for packaging
film. Packaging film has been commercialized and
used in packaging of food products,
pharmaceutical and medical products, consumer
products, industrial products, and others. Food
packaging is the largest consumer of packaging
film followed by pharmaceutical and medical
packaging. However, pharmaceutical and medical
packaging applications are expected to offer the
highest growth during the next five years. The
global Packaging Film market is fragmented and
regions such as North America and Europe are in
matured stage. However, Asia-Pacific market shows
huge potential to grow in this market. The rising
disposable income of the middle-class in India
and China is expected to drive the packaging film
market in the coming decade.
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The top companies in the Packaging Film business
include AEP Industries (U.S.), Amcor Ltd.
(Australia), Bemis Company (U.S.), DuPont Teijin
Films (U.S.), Jindal Poly Films (India), and
Sealed Air Corporation (U.S.). Packaging film
industry is going through consolidation
activities and inorganic expansion was the
preferred growth strategy adopted by the leading
players. The report identifies various sources
of Packaging Film production along with their
respective market shares. Polyethylene is
identified as the key material for packaging film
production. However, biaxially oriented
polypropylene (BOPP) is gaining popularity as raw
material. Materials such as, EVOH, PLA, PVDC,
PHOV, and Polyamide are used to manufacture
specialty films. In matured markets such as North
America and Europe, specialty films demand is
growing at a faster rate than conventional
resin-based films. It also focuses on market
share analysis, and market metrics such as
drivers, restraints, opportunities, and winning
imperatives.
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ckaging-film-market-1283.html
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