Packaging films are essential for quality and shelf-life of food, pharmaceutical, and other personal care products. Food packaging industry is the major consumer for packaging film followed by the pharmaceutical and medical packaging. These films are formed by extrusion-blown, extrusion-cast, and extrusion-coating process. Selection of the raw material is primarily based on the end-usage of the films. The key raw materials used in packaging film include LDPE, LLDPE, HDPE, BOPP, CPP, BOPET, PVC, EVOH, PLA, PVDC, PVOH, and others.
Geographically, Asia-Pacific is the major market for packaging film with around 35% of the market share in 2012. North America and Europe held market shares of 25.3% and 24.1% respectively. The global packaging film consumption is expected to grow at a CAGR of 4.5% from 2013 to 2018. In terms of value, the market is expected to grow at a CAGR of 5.8% from 2013 to 2018. China and India are expected to drive the packaging films market in the future. Increasing demand for packaged food and improving healthcare infrastructure is the major reason for growth in China and India.
Purchase a copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=131741 .
In terms of raw materials, polyethylene leads the market, representing 64% of the total raw materials used in 2012. However, polyethylene films demand is growing at a faster rate than polyethylene films. BOPP is the mostly used raw material for flexible packaging film. In matured geographies such as North America and Europe, specialty films are gaining the demand.
Complete report available @ http://www.rnrmarketresearch.com/packaging-film-market-by-application-food-medical-pharmaceutical-consumer-product-industrial-others-type-ldpe-lldpe-hdpe-cpp-bopp-polyester-pvc-polyamide-evoh-cellulose-pla-pvdc-market-report.html .
1.1 Scope of the Report
The global flexible packaging market is profoundly analyzed in terms of revenue ($million) and volume (‘000 MT) by the aforementioned classifications.
- Food packaging
- Medical & pharmaceutical packaging
- Consumer products packaging
- North America
- Rest of the World
By Packaging Materials
Browse Plastic Films Industry Reports @ http://www.rnrmarketresearch.com/reports/materials-chemicals/plastics/plastic-films .
Rnrmarketresearch.com is your single source for all market research h needs. Our database includes 100,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. We offer you customization options on reports by & custom reports through MarketsandMarkets.com. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.
Follow Us On
Twitter : https://twitter.com/#!/RnRMR
Google Plus : https://plus.google.com/u/0/104156468549256253075/