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

By Technology;

Nanocomposites, Water-Soluble Films, Biodegradable Films and Barrier Polymer Films.

By System;

Polyethylene Films, Polypropylene Films, Polyvinyl Chloride Films, Polyester/Polyethylene Terephthalate, Barrier Polymers and Biodegradable Polymers.

By Application;

Decorative, Packaging, Industrial, Agricultural and Medical & Health Care.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn267292136 Published Date: January, 2025 Updated Date: February, 2025

Introduction

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

In the year 2024, the Global Plastic Films Market was valued at USD 123,372.73 million. The size of this market is expected to increase to USD 173,597.82 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

According to a Harris Poll commissioned by Flexible Packaging, 83% of brand owners currently use flexible packaging, which is fueling market growth. The global packaged food and beverage industry has experienced significant expansion in recent years, driven by several macro factors such as changing lifestyles, increasing urban populations, economic growth in emerging markets, and the rising prevalence of e-commerce. Flexible plastic films are favored over rigid packaging materials due to their lightweight nature, excellent barrier properties, and recyclability and reusability.

The growing demand for convenient and healthy breakfast options is expected to boost the market for HDPE films, which are valued for their moisture barrier properties, making them ideal for packaging breakfast cereals like flakes. Additionally, the expansion of e-commerce is increasing the need for protective packaging, including plastic films and wraps, further supporting market development. However, stringent regulations concerning plastic recyclability pose a challenge to market growth. Various governmental and non-governmental organizations in the UK and the US are advocating for bans on plastic use in both packaging and non-packaging sectors. In the US, these organizations are also working to reduce the use of plastic sheets and films for packaging organic produce, potentially impacting the market's future growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By System
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Plastic Films Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising demand from various industries
        2. Increasing urbanization and disposable income
      2. Restraints
        1. Volatility in raw material costs
        2. Limited recycling infrastructure
      3. Opportunities
        1. Untapped potential in emerging markets
        2. Development of sustainable plastic films
    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 Films Market, By Technology, 2021 - 2031 (USD Million)
      1. Nanocomposites
      2. Water-Soluble Films
      3. Biodegradable Films
      4. Barrier Polymer Films
    2. Global Plastic Films Market, By System, 2021 - 2031 (USD Million)
      1. Polyethylene Films
      2. Polypropylene Films
      3. Polyvinyl Chloride Films
      4. Polyester/Polyethylene Terephthalate
      5. Barrier Polymers
      6. Biodegradable Polymers
    3. Global Plastic Films Market, By Application, 2021 - 2031 (USD Million)
      1. Decorative
      2. Packaging
      3. Industrial
      4. Agricultural
      5. Medical & Health Care
    4. Global Plastic Films 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. Mitsubishi Chemical Corporatio
      2. Dupont Teijin Films U.S
      3. Limited Partnership
      4. Dow
      5. Berry Global
      6. FSPG
      7. indal Poly Films Ltd
      8. RPC bpi group
      9. Garware Polyester Ltd
      10. Innovia Film
      11. Treofan Group
  7. Analyst Views
  8. Future Outlook of the Market