Plastic Films & Sheets Market by Material, Film & Sheet Type, Application, End-User Verticals, End-Product

Description

List of Tables

[198 Pages Report] The Plastic Films & Sheets Market size was estimated at USD 240.84 billion in 2023 and expected to reach USD 253.97 billion in 2024, at a CAGR 5.50% to reach USD 350.52 billion by 2030.

The plastic films & sheets are polymer-based materials primarily used for packaging applications, alongside protective layers, insulation, and barrier functions. Rapid urbanization and growing urban populations have led to higher demands for packaged food products, resulting in increased consumption of plastic films. Increasing environmental concerns have elevated the need for recyclable and eco-friendly plastic materials. Governments are implementing stricter regulations on plastic waste management to support the adoption of sustainable materials, benefitting the industry by fostering innovation and investments in eco-friendly alternatives. However, volatile raw material prices may adversely impact the finished plastic film & sheets cost. Moreover, innovations in material science can enable the development of high-performance plastic films with improved mechanical strength, barrier properties, lower weight or reduced material usage, and recyclability without compromising functionality.

KEY MARKET STATISTICS
Base Year [2023]	USD 240.84 billion
Estimated Year [2024]	USD 253.97 billion
Forecast Year [2030]	USD 350.52 billion
CAGR (%)	5.50%

Material: Extensive demand for Polyvinylidene Chloride (PVDC) films & sheets

HDPE films & sheets have a high strength-to-density ratio, making them ideal for applications requiring durability and resistance to moisture. They are commonly used in packaging, geomembranes, and automotive components. Linear Low-Density Polyethylene (LLDPE) offers superior flexibility and impact strength compared to other PE types. It is widely used in flexible packaging, agricultural films, and industrial liners due to its puncture resistance. Low-density polyethylene (LDPE) films are widely used due to their enhanced processability and transparency, making them suitable for food packaging applications, including cling films and plastic bags. Medium-density polyethylene (MDPE) has good stress-crack resistance and toughness and is often used in gas pipes, sacks, carrier bags, and protective film applications. Polyamide/Nylon has high tensile strength and thermal stability. Nylon films are ideal for food packaging, where barriers against oxygen & moisture are needed, or for the electronics industry, where electrostatic discharge protection is necessary. Polycarbonate (PC) films provide excellent impact resistance, dimensional stability, and optical clarity, making them ideal for automotive glazing, medical devices, and electronics applications. Polyethylene Terephthalate (PET) has improved barrier properties, chemical resistance & recyclability and is significantly used in food packaging applications such as bottles and trays and industrial applications such as solar panels. Polypropylene (PP) films offer a combination of good mechanical properties, low density & chemical resistance. They are primarily employed in the flexible packaging, automotive components & textiles industry. Polyvinyl Chloride (PVC) films have high tensile strength, flame retardancy, and weather resistance, making them suitable for construction materials, including window films. Polyvinylidene Chloride (PVDC) films provide an excellent barrier against oxygen and moisture, making them ideal for food packaging applications with extended shelf life. Ultra Low-Density Polyethylene (ULDPE) is flexible and used in medical applications such as wound care dressings or as a protective layer on sensitive surfaces during transportation or storage of products.

Film & Sheet Type: Significant penetration of transparent packaging films & sheets

Opaque plastic films & sheets exhibit low light transmission properties, making them ideal for applications requiring privacy or protecting sensitive contents from light exposure. These materials are commonly used in packaging, construction, signage, and automotive interiors. Translucent plastic films & sheets allow partial light transmission and diffuse it sufficiently to prevent clear visibility through the material. They are versatile and suitable for various applications, including window treatments, lighting fixtures, graphic arts, medical devices, and consumer electronics packaging. Transparent plastic films & sheets offer a high level of clarity, allowing maximum light transmission while maintaining strength and flexibility. These materials are popular in applications such as clear packaging, protective barriers, and optical devices. Opaque materials provide privacy and protection from light exposure, translucent materials offer partial light diffusion for controlled visibility, and transparent products deliver exceptional clarity.

Application: Proliferating usage of plastic films & sheets for packaging purposes

The non-packaging segment encompasses a wide range of applications of plastic films & sheets, including construction, automotive, electronics, agriculture, medical devices, and stationery products, among others. Key factors influencing material selection in this segment include durability, chemical resistance, thermal stability, electrical insulation properties, and abrasion resistance. Packaging is a significant application area for plastic films & sheets, accounting for an extensive array of industries such as food & beverage, pharmaceuticals, personal care products, and consumer goods. The primary factors influencing material selection in this segment are barrier properties, sealability, machinability, cost-effectiveness, and recyclability. Non-packaging applications demand higher performance characteristics such as durability and chemical resistance due to their use in diverse industries such as construction or electronics. Packaging applications prioritize barrier properties, sealability, cost-effectiveness, and recyclability to meet stringent food safety standards and sustainability goals.

End-User Verticals: Expanding use of plastic films & sheets in agriculture sector

Plastic films & sheets are extensively used in agriculture for greenhouse covers, mulch films, and silage bags. These materials provide a controlled environment for crop cultivation, enhance soil temperature, and retain moisture levels, resulting in higher yield and reduced water usage. In the automotive industry, plastic films & sheets produce lightweight components such as seat covers, door panels, headliners, and instrument panels. This contributes to fuel efficiency and reduces greenhouse gas emissions from vehicles. Plastic films & sheets are utilized within construction for vapor barriers, insulation materials, roofing membranes, window glazing films, and surface protection films during construction or renovation projects. These materials offer durability, resistance to weathering effects, and energy-saving benefits by enhancing the thermal insulation properties of buildings, thus becoming an integral part of green building initiatives. The electronics industry employs plastic films & sheets for flexible displays in smartphones or tablets, printed circuit boards, protective layers on sensitive components, and insulation in wiring. The materials provide lightweight, flexible, and high-performance characteristics essential for advanced electronic devices. Plastic films & sheets play a vital role in food packaging by offering excellent barrier properties against oxygen, moisture, and ultraviolet light, preserving food quality and extending shelf life. Plastic films & sheets are widely utilized within the healthcare sector for applications including medical device packaging, disposable gloves, or aprons production.

End-Product: Proliferating utilization for plastic pouches owing to their resealability features

Plastic bags cater to diverse needs, from grocery shopping to storage solutions. They are lightweight, cost-effective, and widely used in retail stores and households for convenience and ease of use. Plastic films are used in electrical insulation materials for wire and cable manufacturing due to their high dielectric strength and heat resistance properties. Plastic labels offer advantages, including moisture resistance, durability, and print quality over paper-based alternatives. Plastic films are extensively used as weed barriers, soil solarization materials, and mulch films in landscaping applications due to their weather-resistant properties. Plastic films are utilized as base materials for photographic films due to their stability and flexibility. Plastic pouches are popular packaging options for food products, pharmaceuticals, personal care items, and other goods requiring airtight or resealable protection against contamination or spoilage. Pouches have features such as easy-open zippers and resealability functions and offer enhanced usability compared to traditional packaging methods. Shrink films provide a versatile wrapping solution primarily used in industrial packaging applications such as bundling multiple products together or providing tamper-evident seals. These films are designed to shrink tightly around the products when heat is applied, ensuring a secure and presentable package. Stretch films and wraps are essential components in palletizing and stabilizing bulk shipments to ensure the safe transportation of goods. They offer superior load retention properties, puncture resistance, and excellent load stability during transit. Plastic films are used as base materials for magnetic recording tapes in the video industry. Plastic wall panels offer advantages such as moisture resistance, low maintenance requirements, and ease of installation. Bags and pouches cater primarily to retail consumers, prioritizing convenience, ease of use, and protection against contamination or spoilage. In contrast, shrink films are majorly used in industrial packaging applications for their versatility in bundling products or providing tamper-evident seals. Stretch films & wraps play a crucial role in safe transportation as they ensure load stability during transit by palletizing bulk shipments.

Regional Insights

The plastic films & sheets market is evolving in the Americas owing to the rapid expansion of the eCommerce sector and innovations in plastic materials to improve their properties. Increasing environmental concerns among consumers lead to surging demand for sustainable packaging solutions in the Americas. European countries within the EMEA region have strict regulations on plastic film recycling and waste reduction, leading manufacturers to invest in eco-friendly alternatives such as bioplastics. The Middle Eastern and African region has witnessed increased demand for food packaging films due to rapid urbanization and population growth. Rise in building & construction activities coupled with significant demand for enhanced materials for producing automotive components are fueling the use of plastic films & sheets in the APAC region. In addition, surging demand for plastic films from the agriculture sector and advancements in the manufacturing process are anticipated to propel the use of plastic films & sheets by the end-use sectors globally.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Plastic Films & Sheets Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Plastic Films & Sheets Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Plastic Films & Sheets Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Amcor PLC, Avery Dennison Corporation, BASF SE, Berry Global Inc., BOSSAUTO INNOVA, S.A.U., CCL Industries Inc., Celanese Corporation, Corning Incorporated, Coveris Management GmbH, Covestro AG, Dupont Teijin Films Limited, Emco Industrial Plastics, Inc., Evonik Industries AG, Exxon Mobil Corporation, FUJIFILM Corporation, Griff Paper and Film, Hengli Group, HuanYuan Plastic Film Co., Ltd., Jindal Poly Films Limited, Kuraray Co., Ltd., LG Chem Ltd., Lonza Group AG, Lotte Chemical Corporation, LyondellBasell Industries Holdings B.V., Masterpak s.a.l, Merck KGaA, Mitsubishi Chemical Corporation, Nippon Plastics, NOVA Chemicals Corporation, Novolex Holdings, LLC, Parker Hannifin Corporation, PETOSKEY PLASTICS, Plaskolite LLC, PPG Industries, Inc., Pregis LLC, Qingdao Kingchuan Yuanrong International Trading Co.,Ltd., Redwood Plastics and Rubber, RKW Group, SABIC, Saint-Gobain Group, Sealed Air Corporation, Sumitomo Chemical Co., Ltd., Suzhou Omay Optical Materials Co., Ltd., The Dow Chemical Company, Toray Industries, Inc., Toyobo Co., Ltd., Transcendia, Inc., Trinseo PLC, UFlex Limited, and WeProFab.

Market Segmentation & Coverage

This research report categorizes the Plastic Films & Sheets Market to forecast the revenues and analyze trends in each of the following sub-markets:

Material
- High-Density Polyethylene
- Linear Low-Density Polyethylene
- Low-Density Polyethylene
- Medium-Density Polyethylene
- Polyamide or Nylon
- Polycarbonate
- Polyethylene Terephthalate
- Polypropylene
- Polyvinyl Chloride
- Polyvinylidene Chloride
- Ultra Low-Density Polyethylene

Film & Sheet Type
- Opaque
- Translucent
- Transparent

Application
- Non-Packaging
- Packaging

End-User Verticals
- Agriculture
- Automotives
- Construction
- Electronics
- Food & Beverage
- Healthcare
- Telecommunication

End-Product
- Bags
- Electrical Fabrication
- Labels
- Landscaping
- Photographic Film
- Pouches
- Shrink Films
- Stretch Films & Wraps
- Video Tape
- Wall Panels

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Plastic Films & Sheets Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Plastic Films & Sheets Market?

3. What are the technology trends and regulatory frameworks in the Plastic Films & Sheets Market?

4. What is the market share of the leading vendors in the Plastic Films & Sheets Market?

5. Which modes and strategic moves are suitable for entering the Plastic Films & Sheets Market?

Product Code: MRR-8C74ADFC094F

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing demand for plastic films & sheets from the food & beverage sector
  - 5.1.1.2. Consumer preference for biodegradable films & sheets
  - 5.1.1.3. Demand for high-performance plastic films & sheets from construction and automotive sectors
- 5.1.2. Restraints
  - 5.1.2.1. Price volatility of raw materials necessary for the production of plastic films & sheets
- 5.1.3. Opportunities
  - 5.1.3.1. Technological advancements to develop innovative plastic films & sheets
  - 5.1.3.2. Adoption of plastic films in modern agriculture practices
- 5.1.4. Challenges
  - 5.1.4.1. Environmental impacts and performance issues associated with plastic films & sheets
5.2. Market Segmentation Analysis
- 5.2.1. Material: Extensive demand for Polyvinylidene Chloride (PVDC) films & sheets
- 5.2.2. Film & Sheet Type: Significant penetration of transparent packaging films & sheets
- 5.2.3. Application: Proliferating usage of plastic films & sheets for packaging purposes
- 5.2.4. End-User Verticals: Expanding use of plastic films & sheets in agriculture sector
- 5.2.5. End-Product: Proliferating utilization for plastic pouches owing to their resealability features
5.3. Market Trend Analysis
- 5.3.1. Proliferating eCommerce sector and improvements in plastic materials in the Americas
- 5.3.2. Flourishing construction and automotive sector to propel the use of plastic films & sheets in the APAC region
- 5.3.3. Emphasis on use of biodegradable and recycled plastic films & sheets in EMEA region
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework Analysis

6. Plastic Films & Sheets Market, by Material

6.1. Introduction
6.2. High-Density Polyethylene
6.3. Linear Low-Density Polyethylene
6.4. Low-Density Polyethylene
6.5. Medium-Density Polyethylene
6.6. Polyamide or Nylon
6.7. Polycarbonate
6.8. Polyethylene Terephthalate
6.9. Polypropylene
6.10. Polyvinyl Chloride
6.11. Polyvinylidene Chloride
6.12. Ultra Low-Density Polyethylene

7. Plastic Films & Sheets Market, by Film & Sheet Type

7.1. Introduction
7.2. Opaque
7.3. Translucent
7.4. Transparent

8. Plastic Films & Sheets Market, by Application

8.1. Introduction
8.2. Non-Packaging
8.3. Packaging

9. Plastic Films & Sheets Market, by End-User Verticals

9.1. Introduction
9.2. Agriculture
9.3. Automotives
9.4. Construction
9.5. Electronics
9.6. Food & Beverage
9.7. Healthcare
9.8. Telecommunication

10. Plastic Films & Sheets Market, by End-Product

10.1. Introduction
10.2. Bags
10.3. Electrical Fabrication
10.4. Labels
10.5. Landscaping
10.6. Photographic Film
10.7. Pouches
10.8. Shrink Films
10.9. Stretch Films & Wraps
10.10. Video Tape
10.11. Wall Panels

11. Americas Plastic Films & Sheets Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Plastic Films & Sheets Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Plastic Films & Sheets Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. Tipa and CNG Partner to Bolster Compostable Packaging Market
- 14.3.2. Berry's New Generation Compression Film Maintains High Performance with Recycled Content
- 14.3.3. CCL Industries Announces Acquisition in Flexible Pouches
- 14.3.4. Toray to Boost Torayfan Polypropylene Film Production Capacity at Tsuchiura Plant in Ongoing Effort to Meet Rising Automotive Capacitor Demand
- 14.3.5. RKW Horizon - MDO-PE Films Complement The Sustainable ECORE Product Portfolio of the RKW Group
- 14.3.6. NOVA Chemicals and Pregis Collaborate to Deliver Sustainable Food Packaging Solutions with SYNDIGO Recycled Polyethylene
- 14.3.7. Berry Announces Expansion of its Film Manufacturing Facility in Lewisburg, Tennessee
- 14.3.8. Amcor Commercializes Recycle-Ready Thermoforming Films
- 14.3.9. SEE Coroporation To Acquire Liquibox
- 14.3.10. Berry Global and Printpack Collaborate for Sustainable Flexible Packaging
- 14.3.11. Toyobo To Open Another Polyester Packaging Film Plant In Indonesia: Doubling Production Capacity To Meet Growing Global Demand Of Eco-Friendly Films
- 14.3.12. Coveris Launches Next Generation Stretch Film with 30% Recycled Content

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio