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.

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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.

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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

By Material:

  • Polypropylene (PP)
  • Polyethylene (PE)
  • Biaxially Oriented Polyethylene Terephthalate (BOPET)
  • Polyvinyl chloride (PVC)
  • Polyamide (PA)
  • Bioplastics
  • Other plastics

By printing technology:

  • Flexographic printing
  • Digital printing
  • Gap
  • engraving

By end use:

  • Food and drinks
  • Health care
  • Electronic
  • 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.

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Contents
1. Summary

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

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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

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