Global Plastic Film Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material Type;

Polyethene (PE)?, Bi-orientated Polypropylene (BOPP)?, Cast polypropylene (CPP)?, Polyvinyl chloride (PVC)? and Other Flexible Packaging Materials?.

By End-User Industry;

Food and Beverage Packaging, Medical and Pharmaceutical Packaging, Consumer Products Packaging, Industrial Packaging and Other.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn536510830 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Plastic Film Market (USD Million), 2021 - 2031

In the year 2024, the Global Plastic Film Market was valued at USD 150,557.86 million. The size of this market is expected to increase to USD 204,888.44 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.5%.

According to a Harris Poll commissioned by Flexible Packaging, 83% of brand owners currently use flexible packaging, indicating strong growth potential for the market. The global expansion of the packaged food and beverage industry is being driven by several macro factors, including evolving lifestyles, increasing urbanization, heightened economic activity in emerging markets, and the growing penetration of e-commerce. Plastic films offer numerous advantages over rigid packaging materials, such as being lightweight, providing excellent barrier properties, and being recyclable and reusable.

The rising demand for quick, healthy breakfast products is expected to further boost the market for HDPE films, which are known for their moisture barrier properties and suitability for packaging products like breakfast cereals. Additionally, the growth of e-commerce is driving demand for protective packaging solutions, including plastic films and wraps. However, stringent regulations regarding plastic recyclability may pose challenges to market growth. In regions such as the UK and the US, governmental and non-governmental organizations are advocating for bans on plastic use in packaging, particularly for organic produce.

Despite these challenges, growth in the plastic film market is largely driven by the expansion of key application industries, such as food and beverage, pharmaceuticals, and personal and household care, as well as the increased penetration of organized e-retail worldwide. The COVID-19 pandemic has introduced significant disruptions, affecting industrial and manufacturing sectors globally. Government restrictions and lockdowns led to temporary shutdowns in industries such as automotive, metal processing, oil and gas, electronics, and aerospace. Additionally, reliance on China for raw materials caused significant supply chain disruptions, contributing to a contraction in global economic activity.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material Type
    2. Market Snapshot, By End-User Industry
    3. Market Snapshot, By Region
  4. Global Plastic Film Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Surge in E-commerce Business has Fueled Demand for Packaging
        2. Increased Demand for Hygienic Flexible Packaging Materials from Food Industry
      2. Restraints
        1. Limited infrastructure for recycling
        2. Availability of substitutes
      3. Opportunities
        1. Development of biodegradable and compostable plastic films
        2. Untapped opportunities in emerging markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Plastic Film Market, By Material Type, 2021 - 2031 (USD Million)
      1. Polyethene (PE)?
      2. Bi-orientated Polypropylene (BOPP)
      3. Cast polypropylene (CPP)
      4. Polyvinyl chloride (PVC)
      5. Other Flexible Packaging Materials
    2. Global Plastic Film Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Food and Beverage Packaging
      2. Medical and Pharmaceutical Packaging
      3. Consumer Products Packaging
      4. Industrial Packaging
      5. Other
    3. Global Plastic Film Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Amcor plc
      2. Berry Global, Inc
      3. Sealed Air Corporation
      4. Cosmo Films Limited
      5. Huhtamäki Oyj
      6. ProAmpac LLC
  7. Analyst Views
  8. Future Outlook of the Market