[221 Pages Report] 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.

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The top companies in the Packaging Film business include AEP Industries (U.S.), Amcor Ltd. (Australia), Bemis Company (U.S.), DuPont Teijin Films (U.S.), Jindal Poly Films (India), and Sealed Air Corporation (U.S.). Packaging film industry is going through consolidation activities and inorganic expansion was the preferred growth strategy adopted by the leading players.

By Applications

Food packaging
Medical & pharmaceutical packaging
Consumer products packaging
Industrial
Others
By Packaging Materials

Polyethylene
Polypropylene
Polyester
LDPE
LLDPE
HDPE
BOPP
CPP
BOPET
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The increasing demand for packaged food and pharmaceutical products in growing economies such as China, India, Turkey, Poland, Brazil, and Mexico is driving the global market for packaging film. Packaging film has been commercialized and used in packaging of food products, pharmaceutical and medical products, consumer products, industrial products, and others. Food packaging is the largest consumer of packaging film followed by pharmaceutical and medical packaging. However, pharmaceutical and medical packaging applications are expected to offer the highest growth during the next five years.

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