How big is the market demand for plastic film? 70 million tons is not the end
Feb 26,2025
Plastic films such as bubble wrap and plastic wrapping film are increasingly used in food, agriculture, and chemical industries, and have become a new demand point.
According to a report released by market research company Ceresana recently, as potential applications continue to expand, the global plastic film market demand will reach 71 million tons by 2020. The expanding demand for plastic film will drive the market to grow at a CAGR of 3.7%. "Plastic films offer clear advantages over flexible packaging made of other materials such as paper/aluminum foil," the report notes that "this advantage is particularly evident in the food packaging sector, but can also be seen in non-food packaging applications." ”
The demand for convenience foods in the global consumer market is on the rise, which will also promote the development of the plastic film market. Cersiana said that in the same period, the market will diversify. Currently, films based on PE (LDPE, LLDPE, HDPE) account for 73% of the total market, but the demand for BOPP and PET films is growing because of the increasing application of these two films in high-quality packaging. However, the industrial market in developed countries is close to saturation, and the market demand potential of emerging countries is huge, so emerging countries will become a new consumption growth point for bubble film.
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