Lucintel Forecasts the Global Plastic Film & Sheet Market to Reach $190.0 billion by 2030
Lucintel Forecasts the Global Plastic Film & Sheet Market to Reach $190.0 billion by 2030
Blog Article
According to a market report by Lucintel, 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 from $139.4 billion in 2024, at 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 to understand trends, opportunity and forecast in plastic film & sheet market to 2030 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).
Lucintel forecasts that, within the type category, 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.
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In terms of regions, APAC is expected to witness the 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.
Berry Global, Amcor, Sabic , Toray Industries, Sealed Air are the major suppliers in the plastic film & sheet market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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