Mono-Material Packaging Film Market Will Generate Record Revenue by 2031


Posted June 4, 2024 by mansi3210

Global mono-material packaging film market is anticipated to grow at a moderate CAGR of 4.3% during the forecast period (2024-2031).

 
Global mono-material packaging film market is anticipated to grow at a moderate CAGR of 4.3% during the forecast period (2024-2031). The rising trend for online shopping is a key factor creating demand for global market. The development of multilayer mono-material films with barrier qualities to improve product protection is anticipated to offer lucrative opportunities to the global market growth. The cohesive government legislation designed to combat plastic waste and promote environmentally friendly packaging options is further aiding to the global market growth. For instance, the single-usage plastics directive (EU) 2019/904 published on 12 June 2019 introduced obligatory labelling and extended producer accountability in an effort to decrease the usage of single-use plastics.

Furthermore, due to the advancements in material science and film processing technology, producers are now able to create mono-material films that have significantly better printability, processability, and barrier qualities. At the moment, the emphasis is on scaling up enhanced sorting and processing methods designed specifically for films made of one substance. The advantages provided by mono-material films is driving the market growth.

In November 2023, Mondi collaborated with Skånemejerier to create a mono-material, polypropylene (PP) based packaging for, ICA’s Hushållsost cheese.The new packaging comprises a mono-material base web and lidding film, which is produced and printed by Mondi before being converted for 1kg and 2kg blocks of cheese by Skånemejerier. It is sold in leading Swedish supermarket ICA and now comes in packaging that is designed for recycling.

Further in November 2023, ProAmpacin collaboration with Nestlé Purina PetCare, won a 2023 AmeriStar Award in the shelf-stable food category. The win recognizes ProAmpac’s latest recyclable packaging innovation QUADFLEX Recyclable. It was first introduced by Purina in the company’s Purina Pro Plan Veterinary Diets product line. QUADFLEX Recyclable is an innovative solution that supports Purina’s sustainability goals by transitioning from multi-layer to mono-material packaging in support of the company’s design for recycling initiative.

Furthermore, in June 2023, ProAmpacannounced its collaboration with Polytechnique Montreal 3SPack Research Chair for the launch of Heat Sealing in Packaging. This product highlights the principles of heat sealing and the correlation of molecular properties and processing parameters in seal performance.

To Request a Sample of our Report on Mono-Material Packaging Film Market:  https://www.omrglobal.com/request-sample/mono-material-packaging-film-market

Market Coverage

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

Segment Covered- 

By Material
By Packaging Formats
By End Use

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- includes TOPPAN Holdings Inc., Polysack Flexible Packaging Ltd., Profol GmbH, Graphic Packaging International LLC, Mondi PLC and Novel Packaging, among others.

Mono-material Packaging Film Market Report Segment

By Material

Polyethylene
HDPE
LDPE
Polypropylene
PET
PLA
PBS
PVA

By Packaging Formats

Stand-Up Pouches
Flat Bottom Bags
Shrink Films
Flow Wraps
Trays & Containers
Labels and Inserts

By End Use

Food & Beverages
Pharmaceutical and Medical
Consumer Goods
Agriculture
Electronics
Automotive

A full Report of Mono-Material Packaging Film Market is Available @ https://www.omrglobal.com/industry-reports/mono-material-packaging-film-market

Mono-material Packaging Film 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
Berry Global Inc.
Bischof + Klein
Cosmo Films
Coveris
Flex Films
Graphic Packaging International, LLC
Innovia Films
Jindal Films
Mitsubishi Chemical Group Corp.
Mondi PLC
NOVA Chemical
Novel Packaging
Proampac
Reifenhauser
RKW SE
SABIC
Taghleef Industries
Teijin Ltd.
Toray Industries Inc.
Uflex Ltd.
Wipak Group

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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 June 4, 2024