the global Packaging Film market size was estimated at US$ 139,252 million in the year 2022, is projected to reach a revised size of US$ 196250 million by 2029

Global Packaging Film Market Summary

Packaging film mainly refers to the film used for article packaging, usually including polyethylene film, biaxially oriented polyester (BOPET) film, BOPP film and CPP film, etc., mainly used for packaging of food, medicine and textiles.

According to the new market research report “Global Packaging Film Market Report 2023-2029”, published by GlobalInfoResearch, the global Packaging Film market size was estimated at US$ 139,252 million in the year 2022, is projected to reach a revised size of US$ 196250 million by 2029, growing at a CAGR of 4.9% during the forecast period 2023-2029.

• Global Packaging Film Market Size (US$ Million), 2018, 2022 and 2029

Source: GlobalInfoResearch, “Global Packaging Film Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

Market Drivers: The proliferating flexible packaging industry owing to growing demand from the food & beverages sector will drive the Packaging Films demand over the forecast timeframe. The increasing demand for packaged food owing to changing lifestyles and increasing disposable incomes in emerging economies will drive the demand for packed food over the study timeframe. These robust growth indicators in the flexible packaging sector will subsequently boost the packaging films market.

• Global Packaging Film, Global Market Size, The Top Five Players Hold 3.8% of Overall Market

Source: GlobalInfoResearch, “Global Packaging Film Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

This report profiles key players of Global Packaging Film such as Toray, Amcor, Uflex, Taghleef, Gettel Group, Innovia, Forop Group and Oben Group, etc.

In 2022, the global top five Global Packaging Film players account for 3.8% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Global Packaging Film.

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