Food Packaging Films Market Will Generate Record Revenue by 2031


Posted May 25, 2024 by mansi3210

Global food packaging films market is anticipated to grow at a CAGR of 6.1 % during the forecast period (2024-2031).

 
Global food packaging films market is anticipated to grow at a CAGR of 6.1 % during the forecast period (2024-2031). Films are widely utilized in various industries, such as fresh produce packaging, meat and poultry packaging, dairy product packaging, snack and confectionery packaging, frozen food packaging, ready-to-eat meal packaging, and beverage packaging. They offer a range of benefits, including barrier properties that protect against moisture, oxygen, and odors, as well as enhancing product visibility, freshness, and shelf appeal. Moreover, films provide low-temperature resistance, puncture resistance, and moisture barrier properties specifically designed for frozen food products. Ready-to-eat meals also benefit from films, as they offer convenience, barrier properties, and the ability to be microwaved. PET and PP are commonly utilized films for beverage packaging. Furthermore, the market has seen significant growth primarily owing to increased focus on R&D by both public and private organizations and growing applications. For instance,

In March 2023,Wentus introduced WENTOPRO SkinTight 20 UHT and UHT-M skin films, which meet FDA oxygen transmission rate requirements for packaging fresh fish. These films have special strength, cutting, and sealing properties, preventing drip-loss and firmly binding fish in packaging, even in vertical positions.

In August 2023, UFlex introduced F-PSX high-barrier transparent BOPET film in Q1 FY24, offered moisture and oxygen barrier properties, higher yield, environmentally friendly, high clarity, and product visibility, replacing PVDC/EVOH coated films.

in May 2022, Camvac introduced ExtraPET PCR and Camplus Extra MDO PE at Packaging Innovations, reducing plastic waste and supporting recycling while maintaining high gas barrier performance for processed meats, poultry, and bakery products.

In September 2020, SABIC introduced a sustainable frozen food packaging solution, combining new polyethylene grade with innovative film production technology for increased throughput and potential down-gauging.

To Request a Sample of our Report on Food Packaging Films Market:  https://www.omrglobal.com/request-sample/food-packaging-films-market

Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Type
By Material
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- Berry Global Inc.,DuPont de Nemours, Inc.,Mitsubishi Chemical Group Corp., Mondi plc, Sonoco Products Co. and others.

 Food Packaging Films Market Report Segment

By Type

Flexible Packaging Films
Rigid Packaging Films

By Material

Polyethylene (PE) Films 
Polypropylene (PP) Films
Polyethylene Terephthalate (PET) Films
Polyamide (PA) Films
Others (Polyvinylidene Chloride (PVDC) Films, and Ethylene Vinyl Alcohol (EVOH) Films)

By Application

Fruits & Vegetables
Bakery & Confectionery
Meat, Poultry & Seafood
Convenience Foods
Dairy Products
Others (Snack and Confectionery Packaging, and Ready-to-Eat Meal Packaging)

A full Report of Food Packaging Films Market is Available @ https://www.omrglobal.com/industry-reports/food-packaging-films-market

Food Packaging Films Market Report Segment by Region

North America 

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

Amcor Group GmbH
Cosmo Films
Coveris Management GmbH
Dow Chemical Co.
Graphic Packaging International, LLC
KP Holding GmbH & Co. KG 
Mondi plc
Polyplex
Schur Group
Sealed Air Corp.
Sonoco Products Co.
Stora Enso 
Taghleef Industries SpA
UFlex Ltd.
Wihuri Group
Winpak Ltd.

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We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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Categories Business , Industry , Manufacturing
Last Updated May 25, 2024