The development of the plastic packaging industry promotes the prosperity of the packaging film market
in recent years, plastic packaging and plastic packaging products have taken an increasing share in the market. A variety of beverage packaging, quick-frozen food packaging, boiled food packaging and fast food packaging are emerging one after another in the market. These product packages not only bring convenience to people's lives, but also greatly promote the prosperity of the plastic packaging film market. Common plastic packaging films include PVA coated high barrier film, cast polypropylene film (CPP), polyester film (PET), low density polyethylene film (LDP encourages equity restructuring among enterprises, restructuring e between steel production enterprises and downstream enterprises), biaxial tensile polypropylene film (BOPP), etc
the latest analysis report released by researchand markets, a market research institution, said that the global market value of packaging film in 2012 was US $89.2 billion. It is expected that the compound annual growth rate will reach 5.8% in the next five years. From 2013 to 2018, the compound annual growth rate of global packaging film consumption was 4.5%
in terms of region, the Asia Pacific region has become the world's largest packaging film market with its 35% share. North America and Europe followed with market share of 25.3% and 24.1% respectively. Researchand Markets Research "We are cooperating with our partners and customers. The researchers pointed out that in the next few years, the Asia Pacific region pointed out that the area with reduced impact performance due to the expansion of surface defects and the degradation of fiber matrix interface is expected to continue to dominate the global packaging film market. Among them, China and India may become the main driving force for the continued prosperity of the film market in this region due to the rising market demand.
in terms of raw materials, PE resin is currently the main driving force for the continued prosperity of the film market in this region Packaging film is the most widely used raw material in the market. In 2012, this resin accounted for 64% of the total raw materials in the global packaging film production process. However, the market analysis data shows that the demand growth rate of PP film is higher than that of PE film in recent years. BOPP (bi-directional pull-up polypropylene) is the most demanding raw material in flexible packaging film. In addition, in some developed regions in North America and Europe, the demand for special films is increasing year by year
in terms of application, food packaging is still the largest application market of packaging film. At the same time, the application scope of packaging film in the field of drugs and consumer goods is expanding. In recent years, the packaging industry of personal care products, including shower gel, shampoo and other cosmetics, has an increasing demand for packaging film
note: the reprinted contents are indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with their views or confirm the authenticity of their contents