The plastic films & sheets market is projected to reach USD 182.5 billion by 2028, at a CAGR of 5.4% from USD 140.0 billion in 2023. The market growth is driven by influencing factors such as the increased demand across various end-use industries and rapid globalization and industrialization.
The key global players in the plastic films & sheets market include Amcor PLC (Switzerland), Berry Global Group, Inc. (US), Sabic (Saudi Arabia), Toray Industries, Inc. (Tokyo), Sealed Air Corporation (US), Uflex (India), Toyobo Co. Ltd. (Japan), Jindal Poly Films Ltd. (India), Dupont Teijin Films (US), Oben Holding Group (Peru), are the key players in the plastic films & sheets market. These companies are strong in their home region and explore geographic diversification alternatives to grow their businesses. They focus on increasing their market shares through new product launches and other expansions.
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Amcor, formerly known as Australian Paper Manufacturers (APM), was established in 1860 as a paper manufacturing company. In 1986, the company changed its name to Amcor Limited. It is a global leader in developing and producing responsible packaging solutions. The company offers products through two reportable business segments: Flexibles and Rigid packaging. It offers plastic films used in various packaging solutions through the flexibles packaging segment. Amcor supplies a broad range of flexible and rigid packaging products across a wide range of industries, including food, beverages, healthcare, home care, pet care and personal care.
Amcor has a strong presence across the globe in more than 43 countries with operations in more than 220 locations. The key strategy of Amcor is focused on geographic expansion through the acquisition of various packaging units in different regions for various sectors, including food, beverage and pharmaceutical.
Berry Global Group, Inc.
Berry Global Group, Inc., formerly known as Berry Plastics Group, Inc., is a provider of a broad range of flexible & rigid consumer packaging and nonwoven specialty materials. The company mainly supplies its products to consumer-oriented end markets such as healthcare, personal care, food, and beverage. The company operates through four reporting segments, namely, Consumer Packaging International, Consumer Packaging North America, Engineered Materials, and Health, Hygiene & Specialties. The company offers stretch and shrink films, converter films, food and consumer films, retail bags, and agriculture films through its Consumer Packaging and Engineered Materials segments.
Berry Global has a strong global presence with operations in over 333 locations in which 126 are in US & Canada, 142 in Europe, and 65 in Rest of World. The company supports customers at every stage of the product development process, including expertise in consumer insights, ideation & design, manufacturing, and research & development.
Plastic Films & Sheets Market by Type (LLDPE, LDPE, HDPE, BOPP, CPP, PVC, PES, PA), Application (Stretch Films, Shrink Films, Bags, Pouches, Wraps), End-use industry (Packaging, Non-packaging), and Region - Global Forecast to 2028
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