PUBLISHER: The Business Research Company | PRODUCT CODE: 1653234
PUBLISHER: The Business Research Company | PRODUCT CODE: 1653234
Plastic films and sheets are continuous, thin forms of plastic material that can be wound on a core or cut into sheets. Plastic films are generally thinner than plastic sheets, with a thickness ranging from 0.6 mm to 0.10 mm or thicker. These materials are widely utilized across various industries due to their environmental friendliness, versatility, resistance to wrinkles and weather, reusability, durability, and recyclability.
The primary types of plastic films and sheets include polypropylene, polyethylene, polyvinyl chloride, rubber, and other variations. Polypropylene is a key component in the creation of the synthetic resin known as polypropylene. This material finds diverse applications such as food packaging, stretch film, shrink film, heavy-duty bags, film on a reel, and more. End-users for these materials span across industries like automotive, aerospace and aviation, packaging, food and beverages, building and construction, healthcare, printing, agriculture, and other sectors.
The plastic films and sheets market research report is one of a series of new reports from The Business Research Company that provides plastic films and sheets market statistics, including plastic films and sheets industry global market size, regional shares, competitors with plastic films and sheets market share, detailed plastic films and sheets market segments, market trends and opportunities, and any further data you may need to thrive in the plastic films and sheets industry. This plastic films and sheets market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The plastic films & sheets market size has grown strongly in recent years. It will grow from $87.33 billion in 2024 to $92.76 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to growth in packaging and labeling industries, expansion of food and beverage packaging, demand for flexible and durable materials, development of high-barrier films, increase in agriculture and greenhouse applications.
The plastic films & sheets market size is expected to see strong growth in the next few years. It will grow to $122.11 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to sustainable and recyclable plastic films, growth in e-commerce and shipping, customized film solutions for specific packaging needs, demand for biodegradable and compostable films, expansion in electronics and displays, integration in photovoltaic and renewable energy systems, increased use in healthcare and medical packaging. Major trends in the forecast period include advanced nanocomposite plastic films, regulatory compliance in plastic film safety, smart and rfid-enabled plastic packaging, antimicrobial and anti-fogging plastic films, collaboration between film and material science.
The anticipated growth in the plastics industry is poised to drive the expansion of the plastic films and sheets market in the future. The plastics industry encompasses organizations engaged in the manufacturing of polymer materials recognized as plastic-characterized by being lightweight, elastic, moldable, and possessing other unique features. Plastic films and sheets offer various advantages to the industry, including reduced component weight in manufacturing, effective packaging solutions, strength, durability, and applicability across diverse sectors like automobiles, food and beverages, construction, electronics, healthcare, and more. As of March 2022, plastic production witnessed a 7.1% increase, with a projected year-on-year growth rate of 4.5%, as reported by the American Mold Builders Association. Consequently, the burgeoning plastic industry is a driving force behind the growth of the plastic film and sheet market.
The continuous growth of the construction industry is expected to propel the plastic film and sheet market forward. This sector involves activities such as planning, designing, constructing, maintaining, and repairing buildings, infrastructure, and industrial facilities. Plastic films and sheets find applications in construction, serving as vapor barriers, roofing membranes, and protective coverings. As of August 2023, the United States construction industry reported an estimated seasonally adjusted annual rate of $1,983.5 billion in spending, marking a 0.5% increase over the revised July estimate of $1,973.7 billion. The August figure reflects a 7.4% rise compared to the same period in 2022. Hence, the flourishing construction industry is a significant driver for the plastic film and sheet market's growth.
Major companies in the plastic films and sheets market are concentrating on technological innovations to address specific demands and maintain their market position. For example, in April 2023, Daetwyler Holding, a Switzerland-based industrial machinery manufacturer, introduced UltraShield fluoropolymer film coating technology and film and spray fluoropolymer coating methods for injectable medication elastomeric closures. UltraShield has been specially designed to securely store pharmaceuticals at ultra-low temperatures of up to -80°C, while remaining compatible with existing solvent-based pharmacological excipients. The UltraShield product is produced according to Datwyler's FirstLine philosophy, which features advanced clean room technology, automated production cells, fully automated camera inspection, and a unique washing process.
Major companies in the plastic films and sheets market are focused on creating innovative products, such as low-density polyethylene, to improve flexibility, reduce weight, and enhance sustainability in packaging applications. Low-density polyethylene (LDPE) is a thermoplastic derived from the polymerization of ethylene, known for its flexible and lightweight characteristics. It is widely used in packaging materials, plastic bags, and various containers due to its durability and moisture resistance. For instance, in July 2024, Innovia Films, a UK-based packaging and labeling company, launched a white ultra-low density film called VL40, designed for ice cream flow wrap packaging. This film offers improved puncture resistance and a broad heat seal range, making it suitable for high-speed ice cream packaging. Its excellent printability ensures that products stand out on retail shelves, capturing consumer attention. Additionally, the film's capacity to maintain quality across varying temperatures helps minimize food waste and extend shelf life.
In June 2023, Piedmont Plastics, Inc., a US-based commercial company and wholesale distributor of plastic sheet, rod, tube, and film products, acquired Diversified Display Products for an undisclosed amount. This acquisition is aimed at enhancing Piedmont Plastics, Inc.'s market presence and product offerings by incorporating diversified display products, thereby strengthening customer service and building on nearly 40 years of industry legacy. Diversified Display Products, the largest stocking regional supplier in the US, employs plastic films and sheets to enhance functionality, durability, and visual quality, making them essential components in contemporary display technologies.
Major companies operating in the plastic films & sheets market include Amcor Inc., Berry Plastic Inc., Saudi Basic Industries Corporation (SABIC), Toray Industries Inc., Sealed Air Corporation, UFlex Limited, Toyobo Co Ltd, Jindal Poly Films Limited, Dupont Teijin Films Limited, Taghleef Industries LLC, Bemis Manufacturing Company, Novolex Com, British Polythene Industries PLC., Oben Holding Group S.A.C, CCL Industries Inc., Mitsubishi Chemical Corporation, RKW Group, Plastic Film Corporation, AEP Industries Inc., Transcendia Inc., Placon Corporation, Glenroy Inc., Ampac Holdings LLC, API Group, Davis-Standard LLC, Inteplast Group, Bixby International Corporation, Coveris, Flex Films (USA) Inc., Raven Industries Inc.
Asia-Pacific was the largest region in the plastic films and sheets market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this plastic films and sheets market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the plastic films and sheets market report is Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The plastic films and sheets market consists of sales of melamine sheet, perforated plastic sheet, phenolic sheet, and PVDF film. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Plastic Films & Sheets Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on plastic films & sheets market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for plastic films & sheets ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The plastic films & sheets market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.