Polyethylene Films Market - By Film Type, By Technology, By Type, By Application and By Geography Analysis- Forecast 2021 - 2026

Report Code: CMR 22021 Report Format: PDF + Excel (Delivery in 48 Hrs)
Polyethylene Films Market size is forecast to reach $106.42 billion by 2025, after growing at a CAGR of 4.52% during 2020-2025. Rising disposable income and concerns about the growing use of bioplastic materials drive the growth of the sector. In addition, an increase in demand as a replacement for glass and metal for polyethylene films boosts market growth. There is also expected to encourage market growth with increased demand for hygienic and durable food packaging materials combined with a rise in consumer environmental concerns.

Report Coverage

The “Polyethylene Films Market report – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Polyethylene Films Industry. 

By Film Type: Stretch Film, Shrink Film and Others.
By Technology: Blown Film Extrusion, Cast Film Extrusion and Others.
By Type: High-Density Polyethylene, Low-Density Polyethylene, Linear Low-Density Polyethylene and Others.
By Application: Beverage Packaging, Food Packaging, Agriculture Film, Construction Film, Household Item, and Others.
By Geography: North America, South America, Europe, APAC and RoW

Key Takeaways

  • The market is witness to high demand due to the elastic nature of polyethylene films which allow good toughness films for food packaging and non-food applications to be developed. The demand for polyethylene films is driven by advances in food and drink packaging.
  • The growth of the global polyethylene film market over the forecast period is expected to fuel demand for more eco-friendly goods. However, certain restrictions on the use of plastics that are non-biodegradable and produced in Europe are anticipated to impede market development.
  • The biggest investment pocket due to its property of improving product life and catering to rising demand for a longer service life is expected to come with the beverage packaging. In addition, preferred food and drinks, flavors and technological advances combined with cost-effective packaging solutions are some factors that will expand the demand for packaged beverages.
  • The COVID-19 pandemic and subsequent halt in manufacturing activities shall have an impact on the supply availability of a variety of Polyethylene Films. Furthermore, current disruption in trade shall also gravely impact the availability of stocks in import-dependent countries.

Film Type - Segment Analysis

Stretch Film segment has been the primary market for Polyethylene Films for many years. Stretch film or stretch wrap is made from linear low-density polyethylene and is primarily used as a wrapper. Stretch wrap is highly elastic in nature and can stick to surfaces because of the elastic rebound without the use of any adhesives. Stretch wrap is commonly used to bundle boxes on pallets. They improve the stability and provide a more efficient way to handling loads while protecting it from dust and moisture.  Stretch film is a highly elastic plastic film that is used as an over wrap during the shipping process. The flexible nature allows it to be tightly bound without the use of any adhesives over Shrink Films.

Technology - Segment Analysis

Blown Film Extrusion segment has been the primary market for Polyethylene Films for many years. Blown Film Extrusion is an established process which is used to manufacture a wide range of commodity & specialized plastic films for the packaging industry by using semi-crystalline polymer. Also known as Film Blowing Process, this extrusion process generally comprises extrusion of molten thermoplastic tube and its constant inflation to several times of its initial diameter. This forms a thin, tubular product which may be used directly, or indirectly by slitting it to create a flat film.

Application - Segment Analysis

Food Packaging segment has been the primary market for Polyethylene Films for many years at a CAGR of 5.26%. The main asset of the food industry is polyethylene film packaging. It is eco-friendly and increases customer convenience. Due to this, there is significant competition in the food and beverage market among the players who provide quality products to the consumers. Many retail stores use polyethylene film packaging materials to preserve food and to retain the nutritional value of foods. Growth will continue to trigger producers to expand their production capacities, thereby rising product demand over a forecast period, for polyethylene film packaged foods, including ready to meals, frozen meals, snack and cake mix.  The market is expected to grow because of the increasing number of consumers buying food (including fried or chilled foods). 

Geography - Segment Analysis

North America dominated the Polyethylene Films Market share with more than 45.23%, followed by APAC and Europe. Owing to growing number of beverage manufacturers and the presence of key players in the region, North America has highest share. Regulations restricting the Government of Mexico to the creation of new production units have led to new production facilities like Takeda, Daiichi Ranbaxy, and Astellas being built. Driving the domestic industry along with favourable Government policy has played a significant role, with demand for the product. In the U.S. consumers are preferring polyethylene film packaging which is light and aesthetically appealing. This will increase the growth rate of polyethylene film industry over the forecast period. 

Drivers – Polyethylene Films Market

  • Increasing usage because of its properties 

There are various packaging options in the market, but one of the most commonly used packaging materials is polyethylene. It is the most durable type of plastic available today owing to its properties of chemically resistant and low in cost. Polyethylene or PE is derived from petroleum polymers and can survive any environmental hazards. Polyethylene is leakage proof which means it does not allow water vapor to pass through it. It can be heat sealed, this means the plastic can be wrapped around the product and secured with an airtight seal. Electronic companies use PE for their electronic components as it gives protection from moisture and tampering. Polyethylene is highly versatile and customizable. Along with the protection, it offers a great advertising option to suit the product making it very adaptable. It offers different thickness and clarities as well as various designer colors for a more customized option. PE is durable and resistant to external influences to ensure the content is well-preserved. HDPE a type of PE is puncture resistant, tear resistant and lower in stretching. A common example of this material is grocery bags, trash bags, retail packaging bags, and packaging films.

Challenges – Polyethylene Films Market

  • Ban on lightweight plastic bags to improve paper packaging prospects

Paper packaging materials can be reused and recycled as compared to other materials such as metals and plastics. Paper packaging is therefore one of the most environmentally friendly and affordable packaging forms. The growing demand for flexible paper packaging due to increasing consumer awareness of the harmful environmental effects of plastics. In some countries, the ban on lightweight plastic bags is expected to drive the flexible paper packaging market throughout the forecast period.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Polyethylene Films Market. In 2019, the market of Polyethylene Films has been consolidated by the top five players accounting for xx% of the share. Major players in the Polyethylene Films Market are AEP Industries, Amcor Ltd., Berry Plastics Corporation, DuPont Teijin Films, Exopac Holdings Corporation, Jindal Poly Films, Sealed Air Corporation, Hilex Poly Co LLC, Innovia Films Ltd., and Ampac Holdings, among others. 

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1. Polyethylene Films Market- Market Overview
    1.1 Definitions and Scope
2. Polyethylene Films Market- Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by Film Type
    2.3 Key Trends by Technology
    2.4 Key Trends by Type
    2.5 Key Trends by Application
    2.6 Key Trends by Geography
3. Polyethylene Films Market- Landscape
    3.1 Comparative analysis
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Polyethylene Films Market - Startup companies Scenario Premium (Premium) 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Polyethylene Films Market – Industry Market Entry Scenario Premium (Premium) 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top companies
6. Polyethylene Films Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Polyethylene Films Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors Analysis
8. Polyethylene Films Market – By Film Type (Market Size -$Million)
    8.1 Stretch Film 
    8.2 Shrink Film
    8.3 Others
9. Polyethylene Films Market – By Technology (Market Size -$Million)
    9.1 Blown Film Extrusion
    9.2 Cast Film Extrusion 
    9.3 Others
10. Polyethylene Films Market – By Type (Market Size -$Million)
    10.1 High-Density Polyethylene
    10.2 Low-Density Polyethylene
    10.3 Linear Low Density Polyethylene
    10.4 Others
11. Polyethylene Films Market – By Application (Market Size -$Million)
    11.1 Beverage Packaging
    11.2 Food Packaging
    11.3 Agriculture Film
    11.4 Construction Film
    11.5 Household Item
    11.6 Others
12. Polyethylene Films Market- By Geography (Market Size -$Million)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 South America
        12.2.1 Brazil
        12.2.2 Argentina
        12.2.3 Colombia
        12.2.4 Chile
        12.2.5 Rest OF South America
    12.3 Europe
        12.3.1 U.K
        12.3.2 Germany
        12.3.3 Italy
        12.3.4 France
        12.3.5 Spain
        12.3.6 Netherlands
        12.3.7 Russia
        12.3.8 Belgium
        12.3.9 Rest of Europe
    12.4 Asia Pacific
        12.4.1 China
        12.4.2 India
        12.4.3 ANZ
        12.4.4 Japan
        12.4.5 South Korea
        12.4.6 Rest of Asia Pacific
    12.5 ROW
        12.5.1Middle East
   Saudi Arabia
   Rest of Middle East
   South Africa
   Rest of South Africa
13. Polyethylene Films Market- Entropy
    13.1 New Product Launches
    13.2 M&A’s, Collaborations, JVs and Partnerships
14. Market Share Analysis (Premium)
    14.1 Market Share by Country- Top companies
    14.2 Market Share by Region- Top companies
    14.3 Market Share by type of Product / Product category- Top companies
    14.4 Market Share at global level- Top companies
    14.5 Best Practices for companies
15. Polyethylene Films Market- List of Key Companies by Country (Premium) 
16. Polyethylene Films Market- Company Analysis
    16.1 Market Share, Company Revenue, Products, M&A, Developments
    16.2 Company 1
    16.3 Company 2
    16.4 Company 3
    16.5 Company 4
    16.6 Company 5
    16.7 Company 6
    16.8 Company 7
    16.9 Company 8
    16.10 Company 9
    16.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

List of Tables

1 US Polyethylene Films Market Size 2018
2 Canada Polyethylene Films Market Share 2018
3 Brazil Polyethylene Films Market Outlook 2019 - 2023
4 Mexico Polyethylene Films Market Research 2018
5 Germany Polyethylene Films Market Trends 2019 - 2023 
6 France Polyethylene Films Market Growth 2019 - 2023 
7 UK Polyethylene Films Market Demand 2019 - 2023 
8 Italy Polyethylene Films Market Segmentation 2018
9 Russia Polyethylene Films Market Analysis 2019 - 2023
10 China Polyethylene Films Market Revenue 2019 - 2023
11 Japan Polyethylene Films Market Volume 2019 - 2023
12 South Korea Polyethylene Films Market Potential 2019 - 2023
13 India Polyethylene Films Market Leaders 2018
14 Saudi Arabia Polyethylene Films Market Forecast 2019 - 2023 
15 Kuwait Polyethylene Films Market Value 2018

List of Figures

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