PUBLISHER: The Business Research Company | PRODUCT CODE: 1926945
PUBLISHER: The Business Research Company | PRODUCT CODE: 1926945
Industrial film constitutes a plastic-based stretch film coating material utilized in extrusion coating and lamination processes. Its primary function is to act as a substrate, controlling the oxygen and nitrogen levels surrounding goods, particularly in selected packaging films and materials with specific gas permeabilities.
Diverse types of industrial films exist, including linear low-density polyethylene (LLDPE), low-density polyethylene (LDPE), high-density polyethylene (HDPE), polyethylene terephthalate (PET), polypropylene (PP), polyvinyl chloride (PVC), polyamide, and other variants. Polyethylene terephthalate, part of the polyester polymer family, is a robust and rigid synthetic fiber and resin. These films find applications across various domains such as coated non-woven products, dry film adhesives, electronic and battery industries, as well as in barrier and breathable coatings. Additionally, they serve purposes in puncture-resistant coatings and films. Their usage spans multiple industries including agriculture, industrial packaging, construction, medical, transportation, and various other sectors, contributing significantly to the protection and performance enhancement of packaged goods and materials.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the industrial films market by increasing costs of imported polymers, resins, additives, and extrusion equipment. Packaging, construction, and agricultural film producers in North America and Europe are most affected due to dependence on imported raw materials, while Asia-Pacific faces pricing pressure on export-oriented film manufacturing. These tariffs are raising production costs and squeezing margins. However, they are also accelerating local resin production, recycled material usage, and development of alternative film formulations.
The industrial films market research report is one of a series of new reports from The Business Research Company that provides industrial films market statistics, including industrial films industry global market size, regional shares, competitors with a industrial films market share, detailed industrial films market segments, market trends and opportunities, and any further data you may need to thrive in the industrial films industry. This industrial films market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The industrial films market size has grown strongly in recent years. It will grow from $47.09 billion in 2025 to $50.17 billion in 2026 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to expansion of industrial packaging demand, growth of agricultural film usage, increasing use of plastic films in construction, rising adoption of stretch and shrink films, availability of advanced polymer materials.
The industrial films market size is expected to see strong growth in the next few years. It will grow to $63.84 billion in 2030 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to increasing demand for sustainable and recyclable films, rising use of high-performance films in electronics and batteries, expansion of biodegradable film applications, growing focus on circular economy packaging, increasing investment in advanced extrusion technologies. Major trends in the forecast period include rising demand for high-barrier packaging films, growing adoption of lightweight and flexible films, expansion of agricultural and industrial film applications, increasing use of specialty coated films, enhanced focus on material performance optimization.
Increasing construction activities and projects in developing countries are expected to drive the growth of the industrial film market. Construction activities involve the design, development, and building of structures using various construction materials. Industrial films are employed to create distinctive lighting effects and aesthetic finishes in buildings and commercial offices. For instance, in October 2023, Upmetrics, a US-based AI-powered business plan software company, reported that the U.S. construction industry is valued at $1.8 trillion, the global construction industry at $8.9 trillion, and the global residential construction market is projected to reach $8.3 trillion by 2032, growing at a 4.8% annual rate. Therefore, the rising construction activities are propelling the industrial films market.
Major companies in the industrial film market are concentrating on developing innovative products, such as ultra-low-density film, to enhance packaging efficiency and reduce material costs while achieving sustainability goals. Ultra-low-density film is a lightweight packaging material that provides strength and durability, minimizing material usage and shipping costs, thereby contributing to sustainability efforts. For example, in July 2024, Innovia Films, a UK-based packaging and labeling company, introduced the VL40 low-density film, specifically designed for ice cream flow wrap packaging. This new film boasts unique features, including enhanced flexibility and tear resistance, which are essential for maintaining product integrity during freezing and transportation. Additionally, it offers excellent barrier properties that protect against moisture and flavor loss. The film is optimized for high-speed packaging machines, making it an efficient and sustainable solution for both commercial and retail applications.
In October 2024, Eastman, a US-based specialty materials company, acquired Dalian Ai-Red Technology for an undisclosed amount. This acquisition is part of Eastman's strategy to enhance its capabilities in advanced coating technologies to better address the evolving needs of its customers. Dalian Ai-Red Technology, located in China, specializes in high-performance materials and coatings.
Major companies operating in the industrial films market are Mitsui Chemicals Inc., Toyobo Co. Ltd., Eastman Chemical Company, Compagnie de Saint-Gobain SA, DuPont de Nemours Inc., Berry Global Inc., SKC Co. Ltd., Toray Industries Inc., Mitsubishi Chemical Holdings Corporation, Solvay SA, FUJIFILM Holdings Corporation, Sigma Plastics Group, Muraplast d.o.o., Unitika Ltd., Jindal Films Europe Virton Sprl, Transcendia Inc., Mondi PLC, Hi-Fi Industrial Film Ltd., Bogucki Folie Sp zoo, Inteplast Group Corporation, 3M Company, Avery Dennison Corporation, Covestro AG, Filmquest Group Inc., Uflex Ltd., Hyplast NV, Kuraray Co. Ltd., Novamont SpA, Plastipak Holdings Inc., Polifilm Group, Renolit Group, RKW Group, Saudi Basic Industries Corporation, Sealed Air Corporation, SRF Limited, Technipaq Inc., Tredegar Corporation
Asia-Pacific was the largest region in the industrial films market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial films market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the industrial films market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The industrial film market consists of sales of cast polypropylene (cpp), biaxially oriented polypropylene, and biaxially oriented polyethylene terephthalate. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Industrial Films Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses industrial films market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for industrial films ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The industrial films market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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