The polyethylene lamination films global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Polyethylene Lamination Films Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The polyethylene lamination films market size has grown strongly in recent years. It will grow from <b>$1.31 billion in 2023 to $1.39 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. </b> The growth in the historic period can be attributed to packaging industry evolution, rise in flexible packaging demand, consumer preferences for lightweight packaging, cost-effectiveness, barrier properties.
The polyethylene lamination films market size is expected to see strong growth in the next few years. It will grow to <b>$1.76 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. </b> The growth in the forecast period can be attributed to increased focus on sustainable packaging, advancements in material science, e-commerce growth, regulatory compliance, increased demand for extended shelf life. Major trends in the forecast period include focus on extended shelf life, innovation in barrier films, demand for recyclable and compostable films, customization and printability features.
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Scope Of Polyethylene Lamination Films Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Polyethylene Lamination Films Market Overview
Market Drivers –
The growing e-commerce sector is expected to propel the polyethylene lamination films market growth going forward. The e-commerce sector includes companies that are involved in buying and selling goods and services over the internet. The e-commerce products will be packed using polyethylene films, thereby, the growing e-commerce sector will propel the demand for polyethylene lamination films. For instance, in May 2021, according to the UN, an international organization that supports international peace and security, the global e-commerce sector increased from 16% to 19% in its share of global retail sales in 2020. Further, according to UNCTAD, an international organization that promotes world trade, the sales of e-commerce firm Shopify increased by 95.6% in 2019-20 to $120 billion in 2020-21. Therefore, the growing e-commerce sector is driving the growth of the polyethylene lamination films market.
Market Trends –
Technological Advancements are a key trend gaining popularity in the polyethylene lamination films market. Major companies operating in the polyethylene lamination films market are focused on developing new technological solutions to strengthen their position. For instance, in February 2022, POLIFILM EXTRUSION, a Germany-based manufacturer of extrusion and protective films launched a new technology, the self-laminating polyethylene (PE) film. The film is expected to be activated by corona treatment and that does not require additional adhesive, raising the laminating films to the next level. The new development can be processed in 1 hour, additionally dispensing with the adhesive layer, recyclability of the laminate can be increased. This technology also eliminates the need for a laminating machine and has a sustainable effect.
The polyethylene lamination films market covered in this report is segmented –
1) By Type: Stretch Films, Shrink Films
2) By Material: Low Density Polyethylene (LDPE), High Density Polyethylene (HDPE), Bio Polyethylene Films, Medium Density Polyethylene Films (MDPE), Linear Low-Density Polyethylene (LDPE)
3) By Packaging Type: Bags, Bottles, Containers, Pouches, Tubes
4) By Application: Food and Beverages, Agriculture, Electronics, Personal Care and Cosmetics, Construction, Household, Other Applications
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Regional Insights –
Asia-Pacific was the largest region in the polyethylene lamination films market share in 2023. The regions covered in the polyethylene lamination films market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the polyethylene lamination films market report are Jindal Poly Films Limited, Constantia Flexibles Group GmbH, Cosmo Films Limited, Coveris Holdings SA, D&K Group, Film & Foil Solutions Ltd., Granitol AS, IG Industrial Plastics LLC, Mondi plc, Poligal SA, Schweitzer-Mauduit International Inc., Taghleef Industries LLC, Uflex Limited, Ultralen Film GmbH, The Dow Chemical Company, Polibak Plastik Film Sanayi ve Ticaret A.S., Sealed Air Corporation, 3M Company, Amcor Limited, American Profol Inc., Bemis Company Inc., Berry Global Inc., Flex Films Inc., Futamura Chemical Co. Ltd., Glenroy Inc., Innovia Films Ltd., Mitsubishi Chemical Corporation, Plastopil Hazorea Company Ltd., Polifilm Extrusion GmbH, Polyplex Corporation Limited, RKW Group, Schur Flexibles Group, Toray Plastics (America) Inc., Winpak Ltd.
Table of Contents
1. Executive Summary
2. Polyethylene Lamination Films Market Characteristics
3. Polyethylene Lamination Films Market Trends And Strategies
4. Polyethylene Lamination Films Market – Macro Economic Scenario
5. Global Polyethylene Lamination Films Market Size and Growth
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31. Global Polyethylene Lamination Films Market Competitive Benchmarking
32. Global Polyethylene Lamination Films Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Polyethylene Lamination Films Market
34. Polyethylene Lamination Films Market Future Outlook and Potential Analysis
35. Appendix
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