Food Packaging Films Market

Food Packaging Films Market by Type (Flexible, Rigid), Material (Polyethylene, Polypropylene, Polyethylene Terephthalate), Application (Meat, Poultry & Seafood, Convenience Food, Bakery & Confectionary) and Region - Global Forecast to 2027

Report Code: PK 8146 Aug, 2022, by marketsandmarkets.com

[182 Pages report] The food packaging films market size was USD 49.8 billion in 2021 and is projected to reach USD 72.3 billion by 2027, at a CAGR of 6.4%. Food & beverage packaging is one of the largest segments of the packaging industry. Packaging plays a vital role in keeping the product fresh, damage-proof and acts as an efficient marketing tool. The food packaging films market has been growing in tandem with the growth of the food packaging industry.

Food Packaging Films Market

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Market Dynamics

Driver: Rising demand for oriented films

Biaxially oriented films saw significant growth in demand from 2016 to 2021 and are expected to grow at a steady rate during the forecast period. The rising demand for biaxial oriented films has encouraged a number of packaging film manufacturers to divert their manufacturing efforts and invest in biaxially oriented film packaging. Biaxial films are stretched in both machine direction (MD) and transverse direction (TD) to provide better mechanical, optical, and barrier properties. These films have a large number of applications in food and non-food packaging industries. Biaxially oriented films are made from various materials, including polypropylene (PP), polyethylene terephthalate (PET), polystyrene (ps), polyvinyl chloride (pvc), polyamide (PA), and others.

Restraint: Volatile raw material costs

Most of the costs involved in making food packaging films are attributable to the raw materials. The polymers used in food packaging films are derived from petroleum. Given the volatile trend in crude oil prices and demand for polymers for various applications, the pressure on input costs can be expected to fluctuate. Fluctuation in raw material prices of polymers and monomers used for producing polymers is a major restraint to the growth of the food packaging films market. The prices of raw materials depend mostly on logistics (location of manufacturing), labor cost, trading cost, and tariffs. All these factors affect the growth of the market for polymers, which in turn affect the growth of the food packaging films market.India offers a huge potential for the tile & stone adhesives market. The current 20-25% usage rate of adhesives in the country is expected to reach almost 50% in the forecast period due to the increase in the use of these adhesives in high-end residential projects, commercial projects such as shopping malls, airports & metros, and the constantly upgrading hospitality industry.

Opportunity: Innovations in eco-friendly packaging

Governments across the world are focusing on reducing environmental pollution and encouraging end-use sectors to opt for eco-friendly solutions. There are stringent regulations for plastic landfills in Europe. The European Union intends to achieve ‘zero plastics to landfill’ by 2025. In view of the growing concerns related to environmental pollution, packaging companies are focusing on eco-friendly solutions for environmental sustainability. Green packaging products are designed to adhere to the three ‘R’s of eco-friendly packaging: renew, reuse, and recycle. Governments of developing countries are encouraging packaging solution providers to provide eco-friendly products made of natural biopolymer, which is more flexible than traditional plastic.

Food packaging films can be made using eco-friendly packaging materials, such as bioplastics, recycled papers, forest wood, and palm leaf.

Challenge: Manufacturers concentrating on downsizing packaging

Sustainability is closely associated with the reduction of resources used in the packaging of a particular product, thus reducing the waste generated due to packaging materials. It is related to reducing the volume usage of primary materials in the initial production process by using an ideal combination of primary, secondary, and/or tertiary materials.

Manufacturers have been concentrating on reducing the packaging size and weight by using fewer materials. This trend of downsizing packaging helps reduce waste generated from packaging. The Department of Environmental Conservation of New York City, under its packaging reduction guidelines, recommends the use of a poly wrap or shrink wrap over box packaging to reduce packaging size and bag packaging.

Manufacturers are concentrating on making packaging sizes smaller and lighter, and using fewer materials. Food packaging films play a key role is the downsizing of packaging.

Largest application of food packaging films

Meat products are the largest application of food packaging films. Increasing health concerns and the rising awareness regarding the nutritional values of meat products are boosting the demand for food packaging in this segment. Food packaging prevents contamination caused by bacteria, pathogens, and other microorganisms. The increasing awareness about airborne diseases has also augmented the demand for safely packaged food items.

Extensive use in food packaging solutions

Polypropylene is the fastest-growing segment, both in terms of value and volume. This material is not affected by changes in humidity. It has moderate permeability to gases and odors and a higher barrier to water vapor. These properties enable the use of polypropylene in the production of a wide variety of food & beverage packaging solutions like salad dressing bottles, margarine tubs, and yoghurt containers. Polypropylene is slightly stiff but comparatively less brittle than some other plastics. It is also very lightweight and does not require much storage space, which makes it easy to transport.

Asia Pacific to be fastest-growing food packaging films market

Asia Pacific is the largest and fastest-growing food packaging films market. Factors such as large population, growing demand for convenience food products, availability of cheap raw materials for packaging, and rising health awareness are driving the market in the region. China is a major manufacturer of food packaging films.

Food Packaging Films Market by Region

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Key Market Players

The key players in the food packaging films market are Amcor plc (Australia), Berry Global (US), Coveris (Austria), DS Smith (UK), Sealed Air Corporation (US), Graphic Packaging Holding Company (US), Charter Next Generation (US), Mondi Group (UK), DuPont Teijin Films (Japan), and WestRock (US).

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Scope of the Report

Report Metric

Details

Years considered for the study

2017–2027

Base year

2021

Forecast period

2022–2027

Units considered

Value (USD Billion) and Volume (kiloton)

Segments

Type, Material, And Application

Regions

Asia Pacific, North America, Europe, the Middle East & Africa, and South America

Companies

Amcor plc (Australia), Berry Global (US), Coveris (Austria), DS Smith (UK), Sealed Air Corporation (US), Graphic Packaging Holding Company (US), Charter Next Generation (US), Mondi Group (UK), DuPont Teijin Films (Japan), and WestRock (US).
A total of 24 players are covered.

This research report categorizes the food packaging films market based on chemistry, construction type, end use, and region.

Based on type, the food packaging films market has been segmented as follows:

  • Flexible Packaging Films
  • Rigid Packaging Films

Based on material, the food packaging films market has been segmented as follows:

  • Polyethylene
  • Polypropylene
  • Polyethylene Terephthalate
  • Polyamide

Based on application, the food packaging films market has been segmented as follows:

  • Fruits & Vegetables
  • Bakery & Confectionery
  • Meat, Poultry & Seafood
  • Convenience Foods
  • Dairy Products

Based on the region, the food packaging films market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Recent Developments

  • In June 2022, Novolex launched RollStar EZ Open Produce Bags. The new bags use a proprietary recipe that makes them easy to open. The bags come in a wide variety of sizes and gauges, including versions certified as compostable by the Biodegradable Products Institute (BPI).
  • In May 2022, Berry Global collaborated with Poly-Ag Recycling and Clean Farms to launch Canada-based recycling initiative to recover used agricultural films, process recovered grain bag material, and produce new products with recycled content.
  • In August 2021, Sika acquired Bexel International S.A. de C.V., a leading manufacturer of tile adhesives and stuccos in Mexico. The acquisition strengthened Sika’s position in the large, fast-growing Mexican construction market and significantly extended its manufacturing footprint.
  • In May 2022, Innovia announced the opening of a new 6.2 meter multi-layer co-extrusion line at its site in P³ock, Poland. The state-of-the-art line will manufacture low-density polyolefin shrink film for shrink sleeve labels and tamper evident applications.
  • In January 2019, The company acquired Europac, a large paper and packaging business listed on the Spanish stock exchange and operating, in Iberia and France.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 24)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 STUDY SCOPE
           1.3.1 MARKETS COVERED
                    FIGURE 1 FOOD PACKAGING FILMS MARKET SEGMENTATION
           1.3.2 REGIONAL SCOPE
           1.3.3 MARKET INCLUSIONS AND EXCLUSIONS
                    1.3.3.1 Market inclusions
                                TABLE 1 FOOD PACKAGING FILMS MARKET: MARKET INCLUSIONS
                    1.3.3.2 Market exclusions
           1.3.4 YEARS CONSIDERED
    1.4 CURRENCY
    1.5 UNIT CONSIDERED
    1.6 LIMITATIONS
    1.7 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 28)
    2.1 RESEARCH DATA
          FIGURE 2 FOOD PACKAGING FILMS MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key primary data sources
                    2.1.2.2 Key data from primary sources
                    2.1.2.3 Key industry insights
                    2.1.2.4 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION
           2.2.1 TOP-DOWN APPROACH
                    FIGURE 3 FOOD PACKAGING FILMS MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
                    FIGURE 4 FOOD PACKAGING FILMS MARKET SIZE ESTIMATION, BY VOLUME
                    FIGURE 5 FOOD PACKAGING FILMS MARKET SIZE ESTIMATION, BY REGION
                    FIGURE 6 FOOD PACKAGING FILMS MARKET, BY APPLICATION
                    FIGURE 7 FOOD PACKAGING FILMS MARKET, BY TYPE
           2.2.2 BOTTOM-UP APPROACH
                    FIGURE 8 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
    2.3 MARKET FORECAST APPROACH
           2.3.1 SUPPLY SIDE FORECAST
           2.3.2 DEMAND-SIDE FORECAST PROJECTION
    2.4 FACTOR ANALYSIS
          FIGURE 9 FACTOR ANALYSIS OF FOOD PACKAGING FILMS MARKET
    2.5 DATA TRIANGULATION
          FIGURE 10 FOOD PACKAGING FILMS MARKET: DATA TRIANGULATION
    2.6 ASSUMPTIONS
    2.7 RISK ANALYSIS ASSESSMENT
    2.8 LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 40)
    TABLE 2 FOOD PACKAGING FILMS MARKET, 2022 VS. 2027
    FIGURE 11 FLEXIBLE PACKAGING FILMS TO BE LARGER SEGMENT IN FOOD PACKAGING FILMS MARKET
    FIGURE 12 POLYETHYLENE TO BE LARGEST SEGMENT IN FOOD PACKAGING FILMS MARKET
    FIGURE 13 CONVENIENCE FOODS SEGMENT TO RECORD HIGHER CAGR
    FIGURE 14 ASIA PACIFIC TO BE FASTEST-GROWING FOOD PACKAGING FILMS MARKET
    TABLE 3 KEY MARKET PLAYERS

4 PREMIUM INSIGHTS (Page No. - 44)
    4.1 ATTRACTIVE OPPORTUNITIES IN FOOD PACKAGING FILMS MARKET
          FIGURE 15 FOOD PACKAGING FILMS MARKET TO REGISTER ROBUST GROWTH BETWEEN 2022 AND 2027
    4.2 FOOD PACKAGING FILMS MARKET, BY MATERIAL
          FIGURE 16 POLYETHYLENE SEGMENT TO LEAD MARKET GROWTH
    4.3 FOOD PACKAGING FILMS MARKET, BY APPLICATION
          FIGURE 17 MEAT, POULTRY & SEAFOOD SEGMENT TO LEAD MARKET GROWTH
    4.4 FOOD PACKAGING FILMS MARKET, BY TYPE
          FIGURE 18 FLEXIBLE PACKAGING FILMS SEGMENT TO LEAD FOOD PACKAGING FILMS MARKET
    4.5 FOOD PACKAGING FILMS MARKET, DEVELOPED VS. EMERGING COUNTRIES
          FIGURE 19 MARKET TO GROW FASTER IN EMERGING COUNTRIES THAN IN DEVELOPED COUNTRIES
    4.6 ASIA PACIFIC FOOD PACKAGING FILMS MARKET, BY APPLICATION AND COUNTRY
          FIGURE 20 MEAT, POULTRY & SEAFOOD SEGMENT AND CHINA ACCOUNTED FOR LARGEST SHARES IN 2021
    4.7 ASIA PACIFIC FOOD PACKAGING FILMS MARKET, BY COUNTRY
          FIGURE 21 MARKET IN CHINA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 48)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
          FIGURE 22 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN FOOD PACKAGING FILMS MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Rising global population and improving economic conditions of emerging countries
                    5.2.1.2 Growing demand for convenience food items
                    5.2.1.3 Innovative packaging solutions for extended shelf life of fresh food items
                    5.2.1.4 Rising demand for oriented films
           5.2.2 RESTRAINTS
                    5.2.2.1 Volatile raw material costs
                    5.2.2.2 Stringent government rules and regulations regarding raw materials
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Innovations in eco-friendly packaging
           5.2.4 CHALLENGES
                    5.2.4.1 Manufacturers concentrating on downsizing packaging
    5.3 PORTER'S FIVE FORCES ANALYSIS
          FIGURE 23 PORTER'S FIVE FORCES ANALYSIS: FOOD PACKAGING FILMS MARKET
          TABLE 4 FOOD PACKAGING FILMS MARKET: PORTER'S FIVE FORCES ANALYSIS
           5.3.1 BARGAINING POWER OF SUPPLIERS
           5.3.2 THREAT OF NEW ENTRANTS
           5.3.3 THREAT OF SUBSTITUTES
           5.3.4 BARGAINING POWER OF BUYERS
           5.3.5 DEGREE OF COMPETITION
    5.4 MACROECONOMIC INDICATORS
           5.4.1 INTRODUCTION
           5.4.2 RISING POPULATION
           5.4.3 INCREASING MIDDLE-CLASS POPULATION, 2009–2030
           5.4.4 GDP TRENDS AND FORECAST
                    TABLE 5 GROWTH TREND IN WORLD GDP PER CAPITA, 2016–2022 (USD BILLION)
    5.5 ECOSYSTEM
          FIGURE 24 FOOD PACKAGING FILMS ECOSYSTEM
           5.5.1 YC AND YCC SHIFT
                    FIGURE 25 FOOD PACKAGING FILMS FUTURE REVENUE MIX
    5.6 AVERAGE SELLING PRICE ANALYSIS
          FIGURE 26 PRICING ANALYSIS OF FOOD PACKAGING FILMS, BY REGION, 2021
    5.7 PATENT ANALYSIS
           5.7.1 INTRODUCTION
           5.7.2 METHODOLOGY
           5.7.3 DOCUMENT TYPE
                    FIGURE 27 NUMBER OF PATENTS IN LAST 10 YEARS
                    FIGURE 28 PUBLICATION TRENDS, 2017–2022
           5.7.4 INSIGHTS
                    FIGURE 29 LEGAL STATUS OF PATENTS
           5.7.5 JURISDICTION ANALYSIS
                    FIGURE 30 JURISDICTION ANALYSIS OF REGISTERED PATENTS, 2011–2021
           5.7.6 TOP APPLICANTS
                    FIGURE 31 TOP 10 APPLICANTS WITH HIGHEST NUMBER OF PATENTS
                    TABLE 6 LIST OF PATENTS BY KUHNE ANLAGENBAU GMBH
                    TABLE 7 LIST OF PATENTS BY TETRA LAVAL HOLDINGS & FINANCE SA
                    TABLE 8 LIST OF PATENTS OF CRYOVAC INC
                    TABLE 9 TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS
    5.8 TECHNOLOGY ANALYSIS
           5.8.1 TECHNOLOGIES FOR FOOD PACKAGING FILM STRUCTURES
    5.9 TRADE ANALYSIS
          TABLE 10 MAJOR IMPORT PARTNERS – FOOD PACKAGING FILMS
    5.10 VALUE CHAIN ANALYSIS
           FIGURE 32 VALUE CHAIN ANALYSIS OF FOOD PACKAGING FILMS MARKET
           TABLE 11 FOOD PACKAGING FILMS MARKET: SUPPLY CHAIN ECOSYSTEM
           5.10.1 PROMINENT COMPANIES
           5.10.2 SMALL & MEDIUM-SIZED ENTERPRISES
    5.11 CASE STUDY ANALYSIS
    5.12 REGULATIONS

6 FOOD PACKAGING FILMS MARKET, BY TYPE (Page No. - 71)
    6.1 INTRODUCTION
          FIGURE 33 FLEXIBLE PACKAGING FILMS SEGMENT TO DOMINATE MARKET BETWEEN 2022 AND 2027
          TABLE 12 FOOD PACKAGING FILMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
          TABLE 13 FOOD PACKAGING FILMS MARKET, BY TYPE, 2020–2027 (KILOTONS)
    6.2 FLEXIBLE PACKAGING FILMS
           6.2.1 CHANGING LIFESTYLES TO INCREASE DEMAND FOR FLEXIBLE PACKAGING FILMS
                    TABLE 14 FLEXIBLE PACKAGING FILMS: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (USD MILLION)
                    TABLE 15 FLEXIBLE PACKAGING FILMS: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (KILOTONS)
    6.3 RIGID PACKAGING FILMS
           6.3.1 PREFERENCE FOR CONVENIENCE FOODS TO DRIVE DEMAND FOR RIGID PACKAGING FILMS
                    TABLE 16 RIGID PACKAGING FILMS: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (USD MILLION)
                    TABLE 17 RIGID PACKAGING FILMS: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (KILOTONS)

7 FOOD PACKAGING FILMS MARKET, BY MATERIAL (Page No. - 75)
    7.1 INTRODUCTION
          FIGURE 34 POLYETHYLENE SEGMENT DOMINATES OVERALL FOOD PACKAGING FILMS MARKET
          TABLE 18 FOOD PACKAGING FILMS MARKET, BY MATERIAL, 2020–2027 (USD MILLION)
          TABLE 19 FOOD PACKAGING FILMS MARKET, BY MATERIAL, 2020–2027 (KILOTONS)
    7.2 POLYETHYLENE (PE)
           7.2.1 HIGH DEMAND FOR FOOD PACKAGING FILMS DUE TO FAVORABLE PROPERTIES
                    TABLE 20 POLYETHYLENE: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (USD MILLION)
                    TABLE 21 POLYETHYLENE: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (KILOTONS)
    7.3 POLYPROPYLENE (PP)
           7.3.1 EXTENSIVE USE IN FOOD PACKAGING SOLUTIONS
                    TABLE 22 POLYPROPYLENE: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (USD MILLION)
                    TABLE 23 POLYPROPYLENE: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (KILOTONS)
    7.4 POLYETHYLENE TEREPHTHALATE (PET)
           7.4.1 OFFERS RESISTANCE TO HEAT, OILS, SOLVENTS, AND ACIDS
                    TABLE 24 POLYETHYLENE TEREPHTHALATE: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (USD MILLION)
                    TABLE 25 POLYETHYLENE TEREPHTHALATE: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (KILOTONS)
    7.5 POLYAMIDE (PA)
           7.5.1 PROVIDES PROTECTION FROM SCRATCHES, PUNCTURES, AND FLEX-CRACKS
                    TABLE 26 POLYAMIDE: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (USD MILLION)
                    TABLE 27 POLYAMIDE: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (KILOTONS)
    7.6 OTHERS
          TABLE 28 OTHERS: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (USD MILLION)
          TABLE 29 OTHERS: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (KILOTONS)

8 FOOD PACKAGING FILMS MARKET, BY APPLICATION (Page No. - 83)
    8.1 INTRODUCTION
          FIGURE 35 MEAT, POULTRY & SEAFOOD TO BE LARGEST SEGMENT BETWEEN 2022 AND 2027
          TABLE 30 FOOD PACKAGING FILMS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
          TABLE 31 FOOD PACKAGING FILMS MARKET, BY APPLICATION, 2020–2027 (KILOTONS)
    8.2 MEAT, POULTRY & SEAFOOD PRODUCTS
           8.2.1 LARGEST APPLICATION OF FOOD PACKAGING FILMS
                    TABLE 32 MEAT, POULTRY & SEAFOOD: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (USD MILLION)
                    TABLE 33 MEAT, POULTRY & SEAFOOD: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (KILOTONS)
    8.3 CONVENIENCE FOODS
           8.3.1 HIGH DEMAND FOR FOOD PACKAGING FILMS DUE TO CHANGING CONSUMPTION PATTERNS
                    TABLE 34 CONVENIENCE FOODS: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (USD MILLION)
                    TABLE 35 CONVENIENCE FOODS: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (KILOTON)
    8.4 BAKERY & CONFECTIONERY
           8.4.1 PUNCTURE-RESISTANT PACKAGING FILMS PROVIDE ENHANCED PROTECTION
                    TABLE 36 BAKERY & CONFECTIONERY: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (USD MILLION)
                    TABLE 37 BAKERY & CONFECTIONERY: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (KILOTONS)
    8.5 FRUITS & VEGETABLES
           8.5.1 PACKAGING FILMS ENSURE FRESHNESS OF FRUITS & VEGETABLES
                    TABLE 38 FRUITS & VEGETABLES: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (USD MILLION)
                    TABLE 39 FRUITS & VEGETABLES: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (KILOTONS)
    8.6 DAIRY PRODUCTS
           8.6.1 TREND FOR PRE-PACKAGED CHEESE TO DRIVE FOOD PACKAGING FILMS MARKET
                    TABLE 40 DAIRY PRODUCTS: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (USD MILLION)
                    TABLE 41 DAIRY PRODUCTS: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (KILOTONS)
    8.7 OTHERS
          TABLE 42 OTHERS: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (USD MILLION)
          TABLE 43 OTHERS: FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (KILOTONS)

9 FOOD PACKAGING FILMS MARKET, BY REGION (Page No. - 92)
    9.1 INTRODUCTION
          FIGURE 36 ASIA PACIFIC PROJECTED TO BE FASTEST-GROWING FOOD PACKAGING FILMS MARKET DURING FORECAST PERIOD
          TABLE 44 FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (USD MILLION)
          TABLE 45 FOOD PACKAGING FILMS MARKET, BY REGION, 2020–2027 (KILOTONS)
    9.2 EUROPE
          FIGURE 37 EUROPE: FOOD PACKAGING FILMS MARKET SNAPSHOT
          TABLE 46 EUROPE: FOOD PACKAGING FILMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
          TABLE 47 EUROPE: FOOD PACKAGING FILMS MARKET, BY TYPE, 2020–2027 (KILOTONS)
          TABLE 48 EUROPE: FOOD PACKAGING FILMS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
          TABLE 49 EUROPE: FOOD PACKAGING FILMS MARKET, BY APPLICATION, 2020–2027 (KILOTONS)
          TABLE 50 EUROPE: FOOD PACKAGING FILMS MARKET, BY MATERIAL, 2020–2027 (USD MILLION)
          TABLE 51 EUROPE: FOOD PACKAGING FILMS MARKET, BY MATERIAL, 2020–2027 (KILOTONS)
          TABLE 52 EUROPE: FOOD PACKAGING FILMS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
          TABLE 53 EUROPE: FOOD PACKAGING FILMS MARKET, BY COUNTRY, 2020–2027 (KILOTONS)
           9.2.1 UK
                    9.2.1.1 Increasing demand for convenience foods to drive market
           9.2.2 GERMANY
                    9.2.2.1 High exports of fruits and vegetables to boost market
           9.2.3 FRANCE
                    9.2.3.1 Growing demand from food and wine sectors
           9.2.4 SPAIN
                    9.2.4.1 Innovations in packaging techniques to offer huge opportunity
           9.2.5 REST OF EUROPE
    9.3 ASIA PACIFIC
          FIGURE 38 ASIA PACIFIC: FOOD PACKAGING FILMS MARKET SNAPSHOT
          TABLE 54 ASIA PACIFIC: FOOD PACKAGING FILMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
          TABLE 55 ASIA PACIFIC: FOOD PACKAGING FILMS MARKET, BY TYPE, 2020–2027 (KILOTONS)
          TABLE 56 ASIA PACIFIC: FOOD PACKAGING FILMS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
          TABLE 57 ASIA PACIFIC: FOOD PACKAGING FILMS MARKET, BY APPLICATION, 2020–2027 (KILOTONS)
          TABLE 58 ASIA PACIFIC: FOOD PACKAGING FILMS MARKET, BY MATERIAL, 2020–2027 (USD MILLION)
          TABLE 59 ASIA PACIFIC: FOOD PACKAGING FILMS MARKET, BY MATERIAL, 2020–2027 (KILOTONS)
          TABLE 60 ASIA PACIFIC: FOOD PACKAGING FILMS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
          TABLE 61 ASIA PACIFIC: FOOD PACKAGING FILMS MARKET, BY COUNTRY, 2020–2027 (KILOTONS)
           9.3.1 CHINA
                    9.3.1.1 Rising demand for fresh and healthy food to drive market
           9.3.2 JAPAN
                    9.3.2.1 Need for innovative packaging techniques for dynamic fresh food industry
           9.3.3 INDIA
                    9.3.3.1 Increasing population and disposable income to boost market
           9.3.4 SOUTH KOREA
                    9.3.4.1 Changing lifestyles expected to drive market
           9.3.5 REST OF ASIA PACIFIC
    9.4 NORTH AMERICA
          FIGURE 39 NORTH AMERICA: FOOD PACKAGING FILMS MARKET SNAPSHOT
          TABLE 62 NORTH AMERICA: FOOD PACKAGING FILMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
          TABLE 63 NORTH AMERICA: FOOD PACKAGING FILMS MARKET, BY TYPE, 2020–2027 (KILOTONS)
          TABLE 64 NORTH AMERICA: FOOD PACKAGING FILMS MARKET, BY MATERIAL, 2020–2027 (USD MILLION)
          TABLE 65 NORTH AMERICA: FOOD PACKAGING FILMS MARKET, BY MATERIAL, 2020–2027 (KILOTONS)
          TABLE 66 NORTH AMERICA: FOOD PACKAGING FILMS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
          TABLE 67 NORTH AMERICA: FOOD PACKAGING FILMS MARKET, BY APPLICATION, 2020–2027 (KILOTONS)
          TABLE 68 NORTH AMERICA: FOOD PACKAGING FILMS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
          TABLE 69 NORTH AMERICA: FOOD PACKAGING FILMS MARKET, BY COUNTRY, 2020–2027 (KILOTONS)
           9.4.1 US
                    9.4.1.1 Extensive use of polypropylene for food packaging films
           9.4.2 CANADA
                    9.4.2.1 Improvements in food processing and packaging technologies
           9.4.3 MEXICO
                    9.4.3.1 Inflow of FDI in manufacturing sector to drive market
    9.5 MIDDLE EAST & AFRICA
          FIGURE 40 SAUDI ARABIA TO DOMINATE FOOD PACKAGING FILMS MARKET IN MIDDLE EAST & AFRICA
          TABLE 70 MIDDLE EAST & AFRICA: FOOD PACKAGING FILMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
          TABLE 71 MIDDLE EAST & AFRICA: FOOD PACKAGING FILMS MARKET, BY TYPE, 2020–2027 (KILOTONS)
          TABLE 72 MIDDLE EAST & AFRICA: FOOD PACKAGING FILMS MARKET, BY MATERIAL, 2020–2027 (USD MILLION)
          TABLE 73 MIDDLE EAST & AFRICA: FOOD PACKAGING FILMS MARKET, BY MATERIAL, 2020–2027 (KILOTONS)
          TABLE 74 MIDDLE EAST & AFRICA: FOOD PACKAGING FILMS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
          TABLE 75 MIDDLE EAST & AFRICA: FOOD PACKAGING FILMS MARKET, BY APPLICATION, 2020–2027 (KILOTONS)
          TABLE 76 MIDDLE EAST & AFRICA: FOOD PACKAGING FILMS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
          TABLE 77 MIDDLE EAST & AFRICA: FOOD PACKAGING FILMS MARKET, BY COUNTRY, 2020–2027 (KILOTON)
           9.5.1 UAE
                    9.5.1.1 Growing healthcare and food sectors to fuel market
           9.5.2 SAUDI ARABIA
                    9.5.2.1 Rising demand for convenient packaging to bolster market
           9.5.3 SOUTH AFRICA
                    9.5.3.1 Increasing urbanization to drive demand for food packaging films
           9.5.4 REST OF MIDDLE EAST & AFRICA
    9.6 SOUTH AMERICA
          FIGURE 41 BRAZIL TO BE LARGEST FOOD PACKAGING FILMS MARKET IN SOUTH AMERICA
          TABLE 78 SOUTH AMERICA: FOOD PACKAGING FILMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
          TABLE 79 SOUTH AMERICA: FOOD PACKAGING FILMS MARKET, BY TYPE, 2020–2027 (KILOTONS)
          TABLE 80 SOUTH AMERICA: FOOD PACKAGING FILMS MARKET, BY MATERIAL, 2020–2027 (USD MILLION)
          TABLE 81 SOUTH AMERICA: FOOD PACKAGING FILMS MARKET, BY MATERIAL, 2020–2027 (KILOTONS)
          TABLE 82 SOUTH AMERICA: FOOD PACKAGING FILMS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
          TABLE 83 SOUTH AMERICA: FOOD PACKAGING FILMS MARKET, BY APPLICATION, 2020–2027 (KILOTONS)
          TABLE 84 SOUTH AMERICA: FOOD PACKAGING FILMS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
          TABLE 85 SOUTH AMERICA: FOOD PACKAGING FILMS MARKET, BY COUNTRY, 2020–2027 (KILOTON)S
           9.6.1 BRAZIL
                    9.6.1.1 High demand from fruits & vegetables industry to drive market
           9.6.2 ARGENTINA
                    9.6.2.1 Growing meat products industry to boost market
           9.6.3 REST OF SOUTH AMERICA

10 COMPETITIVE LANDSCAPE (Page No. - 120)
     10.1 OVERVIEW
            TABLE 86 OVERVIEW OF STRATEGIES ADOPTED BY KEY FOOD PACKAGING FILMS PLAYERS
     10.2 COMPANY EVALUATION QUADRANT MATRIX: DEFINITIONS AND METHODOLOGY, 2021
             10.2.1 STAR
             10.2.2 EMERGING LEADERS
             10.2.3 PERVASIVE PLAYERS
             10.2.4 PARTICIPANTS
                        FIGURE 42 FOOD PACKAGING FILMS MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING, 2021
     10.3 STRENGTH OF PRODUCT PORTFOLIO
            FIGURE 43 STRENGTH OF PRODUCT PORTFOLIO OF TOP PLAYERS IN FOOD PACKAGING FILMS MARKET
     10.4 BUSINESS STRATEGY EXCELLENCE
            FIGURE 44 BUSINESS STRATEGY ANALYSIS OF TOP PLAYERS IN FOOD PACKAGING FILMS MARKET
     10.5 REVENUE ANALYSIS
             10.5.1 AMCOR PLC
             10.5.2 COVERIS
             10.5.3 DS SMITH PLC
             10.5.4 BERRY GLOBAL
             10.5.5 CHARTER NEXT GENERATION
                        FIGURE 45 REVENUE ANALYSIS, 2017-2021
     10.6 COMPETITIVE BENCHMARKING
             10.6.1 MARKET EVALUATION MATRIX
                        TABLE 87 OVERALL FOOTPRINTS OF COMPANIES
                        TABLE 88 INDUSTRY FOOTPRINT OF COMPANIES
                        TABLE 89 REGIONAL FOOTPRINT OF COMPANIES
     10.7 MARKET RANKING ANALYSIS
             TABLE 90 MARKET RANKING ANALYSIS 2021
     10.8 STRATEGIC DEVELOPMENTS
             10.8.1 NEW PRODUCT LAUNCHES
                        TABLE 91 FOOD PACKAGING FILMS MARKET: NEW PRODUCT LAUNCHES, 2017-2022
             10.8.2 DEALS
                        TABLE 92 FOOD PACKAGING FILMS MARKET: DEALS, 2017–2021
             10.8.3 OTHER DEVELOPMENTS
                        TABLE 93 FOOD PACKAGING FILMS MARKET: OTHERS, 2017–2022

11 COMPANY PROFILES (Page No. - 133)
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
     11.1 KEY PLAYERS
             11.1.1 BERRY GLOBAL
                        TABLE 94 BERRY GLOBAL: COMPANY OVERVIEW
                        FIGURE 46 BERRY GLOBAL: COMPANY SNAPSHOT
                        TABLE 95 BERRY GLOBAL: DEALS
             11.1.2 INNOVIA FILMS LTD
                        TABLE 96 INNOVIA FILMS LTD: COMPANY OVERVIEW
                        TABLE 97 INNOVIA FILMS LTD: NEW PRODUCT LAUNCHES
                        TABLE 98 INNOVIA FILMS LTD: DEALS
             11.1.3 NOVOLEX
                        TABLE 99 NOVOLEX: COMPANY OVERVIEW
                        TABLE 100 NOVOLEX: NEW PRODUCT LAUNCH
                        TABLE 101 NOVOLEX: DEALS
             11.1.4 DUPONT TEIJIN FILMS
                        TABLE 102 DUPONT TEIJIN FILMS: COMPANY OVERVIEW
             11.1.5 MONDI GROUP
                        TABLE 103 MONDI GROUP: COMPANY OVERVIEW
                        FIGURE 47 MONDI GROUP: COMPANY SNAPSHOT
                        TABLE 104 MONDI GROUP: DEALS
             11.1.6 DS SMITH PLC
                        TABLE 105 DS SMITH PLC: COMPANY OVERVIEW
                        FIGURE 48 DS SMITH PLC: COMPANY SNAPSHOT
                        TABLE 106 DS SMITH PLC: DEALS
             11.1.7 GRAPHIC PACKAGING HOLDING COMPANY
                        TABLE 107 GRAPHIC PACKAGING HOLDING COMPANY: COMPANY OVERVIEW
                        FIGURE 49 GRAPHIC PACKAGING HOLDING COMPANY: COMPANY SNAPSHOT
                        TABLE 108 GRAPHIC PACKAGING INTERNATIONAL: PRODUCT LAUNCHES
                        TABLE 109 GRAPHIC PACKAGING HOLDING COMPANY: DEALS
             11.1.8 COVERIS
                        TABLE 110 COVERIS: COMPANY OVERVIEW
             11.1.9 GEORGIA PACIFIC
                        TABLE 111 GEORGIA PACIFIC: COMPANY OVERVIEW
                        FIGURE 50 GEORGIA PACIFIC: COMPANY SNAPSHOT
             11.1.10 CHARTER NEXT GENERATION
                        TABLE 112 CHARTER NEXT GENERATION: COMPANY OVERVIEW
             11.1.11 AMCOR PLC
                        TABLE 113 AMCOR PLC: COMPANY OVERVIEW
                        FIGURE 51 AMCOR PLC: COMPANY SNAPSHOT
                        TABLE 114 AMCOR PLC: PRODUCT LAUNCHES
                        TABLE 115 AMCOR PLC: DEALS
             11.1.12 WESTROCK COMPANY
                        TABLE 116 WESTROCK COMPANY: COMPANY OVERVIEW
                        FIGURE 52 WESTROCK COMPANY: COMPANY SNAPSHOT
             11.1.13 SEALED AIR CORPORATION
                        TABLE 117 SEALED AIR CORPORATION: COMPANY OVERVIEW
                        FIGURE 53 SEALED AIR CORPORATION: COMPANY SNAPSHOT
     11.2 OTHER KEY PLAYERS
             11.2.1 JINDAL POLY FILMS
                        TABLE 118 JINDAL POLY FILMS: COMPANY OVERVIEW
             11.2.2 RKW SE
                        TABLE 119 RKW SE: COMPANY OVERVIEW
             11.2.3 TAGHLEEF INDUSTRIES
                        TABLE 120 TAGHLEEF INDUSTRIES: COMPANY OVERVIEW
             11.2.4 WIPAK GROUP
                        TABLE 121 WIPAK GROUP: COMPANY OVERVIEW
             11.2.5 CLEARWATER PAPER CORP
                        TABLE 122 CLEARWATER PAPER CORP: COMPANY OVERVIEW
             11.2.6 NOVAMONT
                        TABLE 123 NOVAMONT: COMPANY OVERVIEW
             11.2.7 CONSTANTIA FLEXIBLES
                        TABLE 124 CONSTANTIA FLEXIBLES: COMPANY OVERVIEW
             11.2.8 PLASTIPAK
                        TABLE 125 PLASTIPAK: COMPANY OVERVIEW
             11.2.9 TETRA PAK
                        TABLE 126 TETRA PAK: COMPANY OVERVIEW
             11.2.10 PRINTPACK INC.
                        TABLE 127 PRINTPACK INC.: COMPANY OVERVIEW
             11.2.11 HUHTAMΔKI OYJ
                        TABLE 128 HUHTAMΔKI OYJ: COMPANY OVERVIEW

*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

12 APPENDIX (Page No. - 176)
     12.1 DISCUSSION GUIDE
     12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     12.3 CUSTOMIZATION OPTIONS
     12.4 RELATED REPORTS
     12.5 AUTHOR DETAILS

This technical and market-oriented study of the food packaging films market involved the use of extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg BusinessWeek, and Factiva, to identify and collect relevant information. The primary sources  include several industry experts from core and related industries ,and suppliers, manufacturers, distributors, technologists, and organizations related to all segments of this industry’s value chain. In-depth interviews have been conducted with various primary respondents, including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as to assess prospects.

Secondary Research

In the secondary research process, various secondary sources have been referred to for identifying and collecting information for this study. These include annual reports, press releases and investor presentations of companies, white papers, certified publications, articles, regulatory bodies, trade directories, and databases.

Secondary research has been mainly used to obtain key information about the industry’s supply chain, the market’s monetary chain, the total pool of key players, market classification & segmentation according to industry trends to the bottom-most level, and geographical markets. It has also been used to obtain information about the key developments from a market-oriented perspective.

Primary Research

The supply chain of the food packaging films market comprises several stakeholders, including suppliers, processors, and end-product manufacturers. Various primary sources from the supply and demand sides of both markets have been interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side include key opinion leaders, executives, vice presidents, and CEOs of players in the food packaging films industry. The primary sources from the supply side include associations and institutions involved in the food packaging films industry, key opinion leaders, and processing players.

Following is the breakdown of primary respondents:

Food Packaging Films Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches have been used to estimate and validate the size of the global market.

  • The key players in the industry and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research.
  •  All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The research includes the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from leaders, such as directors and marketing executives.

Global Food Packaging Films Market: Top-Down Approach

Food Packaging Films Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the data triangulation and market breakdown procedures have been employed wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size has been validated by using both top-down and bottom-up approaches.

Report Objectives

  • To analyze and forecast the global food packaging films market size in terms of value and volume
  • To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing market growth
  • To define, describe, and forecast the market by type, material, and application
  • To forecast the market size with respect to five main regions: Asia Pacific (APAC), the Middle East & Africa, Europe, North America, and South America
  • To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and their contribution to the overall market
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders
  • To analyze competitive developments in the market, such as investments & expansions, new product developments, partnerships & collaborations, and mergers & acquisitions 
  • To strategically profile the key players and comprehensively analyze their market shares and core competencies2

Available Customizations

MarketsandMarkets offers customizations according to the specific needs of the companies with the given market data.

The following customization options are available for the report:

Regional Analysis

  • Further breakdown of a region with respect to a particular country

Company Information

  • Detailed analysis and profiling of additional market players
Food Packaging Films Market Size,  Share & Growth Report
Report Code
PK 8146
Published ON
Aug, 2022
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