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$155.1 billion will be spent on plastic films and sheets by 2026, with a CAGR of 4.6%.

Published: April 3, 2023
Author: DIGITAL MEDIA EXECUTIVE

The According to a market research report, the “Plastic Films & Sheets Market by Material Type (LLDPE, LDPE, HDPE, BOPP, CPP, PVC, PES, PA), Applications (Packaging & Non-Packaging) and Region (North America, Europe, South America, Asia Pacific and Middle East & Africa) – Global Forecast to 2026″, size is projected to reach USD 155.1 billion by 2026 from USD 123.8 billion in 2021, at a CAGR of 4.6% during the forecast period.

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  • 373 Market data Tables
  • 40 Figures
  • 281 Pages and in-depth TOC on “Plastic Films & Sheets Market – Global Forecast to 2026”.

This report also provides a comprehensive analysis of the companies listed below:

The key players in the plastic films & sheets market include Amcor PLC (Switzerland), Berry Global Group, Inc. (USA), SABIC (Saudi Arabia), Toray Industries, Inc. (Japan), Sealed Air Corporation (USA), Uflex Limited (India), Toyobo Co., Ltd. (Japan), Jindal Poly Films Limited (India), DuPont Teijin Films (USA), and Oben Holding Group (Peru).

Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Plastic Films & Sheets Market.

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Amcor PLC was the largest player in the plastic films & sheets market in 2020. The company has a broad product portfolio for plastic films & sheets market to a wide range of end users. Plastic films are offered by the Amcor’s flexibles business segment. The company offers diversified and advanced products through huge investments in product innovation and technology. Amcor has a strong presence across the globe in more than 40 countries with operations in more than 200 locations. The key strategy of Amcor is focused on geographic expansion through the acquisition of various packaging units in different regions for various sectors, including food, beverage and pharmaceutical. In December 2021, Amcor established a state-of-the-art healthcare packaging facility in Tuas, Singapore. This facility will help to address the demand for healthcare packaging which is expected to grow rapidly in the Asia Pacific region.

Berry Global Group, Inc. is a leading company providing a broad range of flexible & rigid consumer packaging and nonwoven specialty materials. The company has a strong global presence with operations in over 290 locations. The company offers wide range of products including stretch and shrink films, converter films, food and consumer films, and agriculture films that serve various industries such as food, beverage, agriculture & horticulture, healthcare, construction, and industrial. It has adopted investment & expansion and collaboration as its key business strategies to strengthen its foothold in the global market.

In September 2021, Berry Global announced its plan to expand its manufacturing operations in North America for foodservice packaging. This will have an investment of more than USD 110 million to expand its proprietary polypropylene thermoforming capabilities to manufacture packaging solutions for quick-service restaurants, coffee shops, and other foodservice markets.

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