Farmacy

May 16 2018

Packaging Film Market by Applications, by Types (Polyester, Polypropylene, Polyamide) – Geography – 2018, MarketsandMarkets,

Packaging Film Market By Application (Food, Medical & Pharmaceutical, Consumer Product, Industrial & Others) & Type (LDPE, LLDPE, HDPE, CPP, BOPP, Polyester, PVC, Polyamide, EVOH, Cellulose, PLA, PVDC, PVOH & Others) – Global Trends & Forecast to 2018

Publishing Date: November 2013

Report Code: CH 2162

Pharmaceutical packaging companies

Pharmaceutical packaging companies

Pharmaceutical packaging companies Pharmaceutical packaging companies Pharmaceutical packaging companies

Pharmaceutical packaging companies

Pharmaceutical packaging companies Pharmaceutical packaging companies

The global packaging film market is expected to register decent growth during the coming decade driven by middle class of China and India. With rapid urbanization and increasing disposable income, demand for packaged food and pharmaceutical products are rising in China, India and other emerging nations. Growth in such emerging nations is expected to impact the packaging films industry positively. Polyethylene is the mostly used material for packaging film; however, in flexible packaging polypropylene is used as the preferred material for film formation. Specialty films such as water soluble and high barrier films are gaining importance in matured economies of North America and Europe.

Food packaging industry is the major consumer for packaging films. However, pharmaceutical and personal care packaging is increasingly finding application of packaging films. These films are formed by extrusion-blown, extrusion-cast and extrusion-coating process. Selection of the raw material is primarily based on the end-usage of the films. Key raw materials used in packaging films include LDPE, LLDPE, HDPE, BOPP, CPP, BOPET, PVC, EVOH, PLA, PVDC, PVOH and others.

Geographically, Asia-Pacific is the major segment in packaging film market with around 35% of the market share in 2012. North America and Europe held market shares of 25.3% and 24.1% respectively. The global packaging film consumption is expected to grow at a CAGR of 4.5% from 2013 to 2018. In Terms of value the market is expected to grow at a CAGR of 5.8% from 2013 to 2018. China and India are expected to drive the global market in the coming future. Increasing demand for packaged food and improving healthcare infrastructure is the major reason for growth in China and India.

Global Packaging Film: Market Consumption, by Geography, 2012

Pharmaceutical packaging companies

Source: MarketsandMarkets Analysis

In terms of raw materials, polyethylene leads the packaging film market, representing 64% of the total raw materials used in 2012. However, polypropylene films demand is growing at a faster rate than polyethylene films. BOPP is the mostly preferred raw material for flexible packaging films in the recent past and expected to report higher growth as compared to the cast polypropylene. Biodegradable films are also expected to register high consumption growth in the coming years, specifically in the developed nations.

The global flexible packaging market is profoundly analyzed in terms of revenue ($million) and volume (‘000 MT) by the aforementioned classifications.

  • Food packaging
  • Medical & pharmaceutical packaging
  • Consumer products packaging
  • Industrial
  • Others





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