Plastic Film & Sheet Market Report: Trends, Forecast and Competitive Analysis to 2030

Plastic Film & Sheet Trends and Forecast

The future of the global plastic film & sheet market looks promising with opportunities in the packaging and non-packaging markets. The global plastic film & sheet market is expected to reach an estimated $190.0 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are expanding need for plastic films in the farming industry, increasing inclination towards processed foods, and rising interest in eco-friendly packaging materials.

A more than 150-page report is developed to help in your business decisions.

Plastic Film & Sheet by Segment

The study includes a forecast for the global plastic film & sheet by type, end use, and region.

Plastic Film & Sheet Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• LLDPE
• LDPE
• HDPE
• BOPP
• CPP
• PVC
• PES
• PA

Plastic Film & Sheet Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Packaging
• Non-Packaging
• Others

Plastic Film & Sheet Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Plastic Film & Sheet Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies plastic film & sheet companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the plastic film & sheet companies profiled in this report include-

• Berry Global
• Amcor
• Sabic
• Toray Industries
• Sealed Air

Plastic Film & Sheet Market Insights

Lucintel forecasts that LLDPE will remain the largest segment over the forecast period due to it is versatility, durable plastic material that is used in a wide range of applications, greater impact and puncture resistance, as well as, greater tensile strength and flexibility.

APAC is expected to witness highest growth over the forecast period because the food and pharmaceutical industries are expanding rapidly in developing countries like China and India, growing manufacturing sectors, booming economies, rising urbanization rates, and a surge in infrastructure-related activities in the region.

Features of the Global Plastic Film & Sheet Market

Market Size Estimates: Plastic film & sheet market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Plastic film & sheet market size by type, end use, and region in terms of value ($B).

Regional Analysis: Plastic film & sheet market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, end use, and regions for the plastic film & sheet market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the plastic film & sheet market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the plastic film & sheet market size?

Answer: The global plastic film & sheet market is expected to reach an estimated $190.0 billion by 2030.

Q2. What is the growth forecast for plastic film & sheet market?

Answer: The global plastic film & sheet market is expected to grow with a CAGR of 5.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the plastic film & sheet market?

Answer: The major drivers for this market are expanding need for plastic films in the farming industry, increasing inclination towards processed foods, and rising interest in eco-friendly packaging materials.

Q4. What are the major segments for plastic film & sheet market?

Answer: The future of the global plastic film & sheet market looks promising with opportunities in the packaging and non-packaging markets.

Q5. Who are the key plastic film & sheet market companies?

Answer: Some of the key plastic film & sheet companies are as follows:

• Berry Global
• Amcor
• Sabic
• Toray Industries
• Sealed Air

Q6. Which plastic film & sheet market segment will be the largest in future?

Answer: Lucintel forecasts that LLDPE will remain the largest segment over the forecast period due to it is versatility, durable plastic material that is used in a wide range of applications, greater impact and puncture resistance, as well as, greater tensile strength and flexibility.

Q7. In plastic film & sheet market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period because the food and pharmaceutical industries are expanding rapidly in developing countries like China and India, growing manufacturing sectors, booming economies, rising urbanization rates, and a surge in infrastructure-related activities in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the plastic film & sheet market by type (LLDPE, LDPE, HDPE, BOPP, CPP, PVC, PES, and PA), end use (packaging, non-packaging, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?