Printed Plastic Films Market Expected to Grow 1.5
NEWARK, Del, July 11 2022 (GLOBE NEWSWIRE) — According to Future Market Insights (IMF), the printed plastic film market will experience steady growth at 3.9% CAGR over the forecast period (2022-2032). Market sales are expected to reach $4.8 Bn in 2022 and exceed a valuation of $7.1 Bn end of 2032.
Printed plastic films are the flexible packaging solution created by blown film or cast film processes that involve the melting of polymer resin. Printed plastic films are used in the packaging of various products due to their beneficial properties such as light weight, cost effectiveness, convenience, barrier properties, durability, etc.
Printed plastic films are also used as a marketing tool as the company can print their logo or name and this can be used to package the product. It works as a promotional tool for various industries such as food and beverage, health, and others.
Get a sample report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15170
Moreover, printed plastic films provide an aesthetic appearance to the product which is gaining popularity among various end users. Additionally, the growing preference and use of flexible packaging solutions will increase the sales of printed plastic films across the world.
Subsequently, the expansion of the food and beverage industry is expected to create a lucrative growth opportunity for the printed plastic films market. The development of the latest printing technologies will also drive the growth of printed plastic films.
Key takeaways from printed plastic films Market
- Per material, the polyethylene (PE) segment is expected to hold approximately 22% in market value share by the end of 2032 due to its superior flexibility, lightweight, and highly adaptable property.
- In terms of end-use, the food and beverage segment is expected to create an opportunity for growth of $355.6 min during the forecast period.
- Based on printing technology, the flexographic printing segment will register a CAGR of 4.9% in the world market for printed plastic films.
- North America is expected to lead the market contributing nearly 1/4e of demand by the end of 2022.
- South Asia Printed Plastic Film Market Set to Grow 1.7 times the current market value during the forecast period.
“The cost effectiveness of plastic film packaging compared to other materials and the growing preference for attractive packaging solutions is accelerating the growth of the printed plastic film market. Additionally, the growing trend towards sustainable packaging solutions will create a growth opportunity for the bioplastic printed plastic film market,” says the IMF analyst.
Report customization request @ https://www.futuremarketinsights.com/customization-available/rep-gb-15170
Printed plastic films market landscape
Amcor Plc, Berry Global Group, Huhtamäki Oyj, Sonoco Products Company, Sealed Air Corporation, Mondi Group, DS Smith Plc, and Constantia Flexibles Group GmbH are the key players operating in the printed plastic films market. Additionally, some of the other notable players in the printed plastic films market include Winpak Ltd., Coveris Holdings SA, Glenroy Inc., Schur Flexibles Group GmbH, ProAmpac LLC, Bischof & Klein GmbH & Co. KG, Clondalkin Group Holdings BV, Interflex Group Inc., Uflex Ltd. and others. Tier 1 major players hold approximately 10-15% of the global printed plastic film market.
Printed Plastic Films Market by Category
- Polypropylene (PP)
- Polyethylene (PE)
- Biaxially Oriented Polyethylene Terephthalate (BOPET)
- Polyvinyl chloride (PVC)
- Polyamide (PA)
- Other plastics
By printing technology:
- Flexographic printing
- Digital printing
By end use:
- Food and drinks
- Health care
- Cosmetics and personal care
- Home Care
- Other end use
Printed Plastic Films Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global printed plastic films market, analyzing the historical demand from 2015-2021 and forecast statistics from 2022-2032. The study reveals market growth projections for printed plastic films based on the material (polypropylene (PP), polyethylene (PE), biaxially oriented polyethylene terephthalate (BOPET), polyvinyl chloride (PVC), polyamide (PA) , bioplastics and other plastics), printing technology (flexographic printing, digital printing, offset and gravure) and end use (food and beverage, healthcare, electronics, cosmetics and personal care, home care and other uses finals) in seven regions.
Ask an analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-15170
About Future Market Insights Packaging Division
Future Market Insights packaging division provides in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs and formats, Future Market Insights has an extensive database for these verticals, providing clients with unique research offerings and strategic recommendations. With a repository of over 1,000 reports, the team has comprehensively analyzed the packaging industry in over 50 countries. The team assesses each node of the value chain and provides end-to-end research and advisory services; reach out to explore how we can help you.
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply-side trends
1.4. Hardware roadmap
1.5. Analysis and recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limits
3. Key Market Trends
3.1. Key trends impacting the market
3.2. Product Innovation / Development Trends
4. Key success factors
4.1. Product Adoption / Usage Analysis
4.2. USP/Product Features
4.3. Strategic promotional strategies
Click here for the 190-page Printed Plastic Films Market TOC Report
See related research reports from Packaging:
Cohesive Packaging Market Size : Cohesive Packaging Market by Material Type, Packaging Format, End Use and Region – Forecast 2022-2032
Cryo Boxes Market Share: Cryo Boxes Market by Material, Application, End-Use Industry and Region – Forecast 2022-2032
Food Packaging Market Trends: Food Packaging Market by Material, Packaging Type, Application and Region – Forecast 2022-2032
Biodegradable Films Market Analysis: Biodegradable Films Market by Material, Thickness, Application, End Use and Region – Forecast 2022-2032
Candle Boxes Market Outlook: Candle Boxes Market by Product Type, Shape, Type and Region – Forecast 2022-2032
Soap Box Market Forecast: Soap Box Market by Material Type, Shape, Folding Carton Style, Surface Coating, Nature and Region – Forecast 2022-2032
PE Films Market Sales: PE Films Market by Material, Thickness, End Use and Region – Forecast 2022-2032
Sterile Packaging Market Value: Sterile Packaging Market by Product, Material Type, End-Use Industry and Region – Forecast 2022-2032
Molded Fiber Trays Market Demand: Molded Fiber Trays Market by Pulp Type, Product Type, End-Use and Region – Forecast 2022-2032
Metal IBC Market Type: Metal IBC Market by Material Type, Capacity, End Use and Region – Forecast 2022-2032
Download a free copy of the Future Market Insights white paper at Smart packaging for the circular economy published in collaboration with Graham Packaging and Avery Dennison
Future Market Insights (ESOMAR certified market research organization and member of the Greater New York Chamber of Commerce) provides in-depth insights into the driving factors that increase demand in the market. It reveals opportunities that will drive market growth in various segments on the basis of source, application, sales channel, and end-use over the next 10 years.
Future Market Outlook Inc.
200 continental walkway,
Suite 401, Newark,
Delaware – 19713, United States
Such. : +1-845-579-5705
For sales inquiries: [email protected]
Browse all reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs