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.

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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.

By Applications

Food packaging
Medical & pharmaceutical packaging
Consumer products packaging
Industrial
Others
By Geography

Asia-Pacific
Europe
North America
Rest of the World
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By Packaging Materials

LDPE
LLDPE
HDPE
BOPP
CPP
BOPET
Polyamide
EVOH
PVC
PVDC
PVOH
Cellulosic
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