Food Packaging Films Market Size - By Type (Flexible Packaging Films, Rigid Packaging Films), By Material (Polyethylene, Polypropylene, Polyethylene Terephthalate, Nylon, Polyvinyl chloride), By Applications & Forecast, 2023 - 2032

Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Packaging | Format: Report available in PDF / Excel Format

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Food Packaging Films Market Size - By Type (Flexible Packaging Films, Rigid Packaging Films), By Material (Polyethylene, Polypropylene, Polyethylene Terephthalate, Nylon, Polyvinyl chloride), By Applications & Forecast, 2023 - 2032

Food Packaging Films Market Size

Food Packaging Films Market was valued at USD 50 billion in 2022 and is estimated to register a CAGR of over 6% between 2023 and 2032.

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More and more people want easy-to-eat, prepackaged foods that can be kept and taken with them easily. This has led to a growing need for flexible packaging like pouches, sachets, and stand-up bags, which use a lot of food packaging films. For example, Novolex came out with their RollStar EZ Open Produce Bags in June 2022. These reusable grocery bags are easy to open thanks to a special formula. Different sizes and thicknesses are available, including compostable options certified by the Biodegradable Products Institute (BPI). Consumers and food producers are very concerned about food safety and preservation. Food packaging films are important for keeping food quality high, making it last longer, and preventing spoilage and contamination. As technology for food packaging films gets better, products with stronger barriers and antimicrobial properties are being made, which is also helping the market grow.

Food Packaging Films Market Report Attributes
Report Attribute Details
Base Year 2022
Food Packaging Films Market Size in 2022 USD 50 Billion
Forecast Period 2023 to 2032
Forecast Period 2023 to 2032 CAGR 6%
2032 Value Projection USD 90 Billion
Historical Data for 2018 to 2022
No. of Pages 300
Tables, Charts & Figures 278
Segments covered Type, material, application, & region
Growth Drivers
  • Rising demand for convenience packaging
  • Growing emphasis on food safety and preservation
  • Evolving consumer preferences and sustainability
  • Expanding E-commerce and online grocery shopping
  • Increasing demand for personalized and value-added packaging
Pitfalls & Challenges
  • Fluctuations in raw material prices
  • Stringent regulations and environmental concerns

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Certain technological limitations can hinder the development and adoption of advanced food packaging films. For instance, producing high-barrier films that are also lightweight and flexible can be challenging, and incorporating active packaging features into films can add complexity and cost to the manufacturing process. Another restraint is the significant cost of producing food packaging films, which can hamper smaller manufacturers or niche applications. High production costs can limit the adoption of advanced packaging solutions or restrict the availability of certain films in specific markets.

COVID-19 Impact

The COVID-19 pandemic significantly influenced the food packaging films industry, introducing both challenges and opportunities. The heightened awareness of hygiene and safety during the pandemic led to an increased demand for packaged food products, boosting the consumption of food packaging films. However, disrupted supply chains, labor shortages, and increased costs of raw materials posed hurdles for manufacturers. Changes in consumer behavior, such as a rise in online shopping for groceries, have prompted the need for innovative & sustainable packaging solutions to meet the evolving market demands in the post-pandemic landscape.

Food Packaging Films Market Trends

Amid evolving consumer preferences and sustainability concerns, the food packaging films industry is witnessing several notable trends. There is a growing emphasis on eco-friendly and recyclable materials owing to the increased awareness of environmental issues. Innovative features in smart packaging, such as freshness indicators and temperature monitoring, are gaining traction. The demand for convenience-oriented packaging, such as resealable films and portion-controlled packaging, is on the rise. The industry is also witnessing advancements in active packaging technologies including antimicrobial films and modified atmosphere packaging, aimed at extending the shelf life of perishable goods.

Food Packaging Films Market Analysis

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When it comes to packaging films, there are two main typesthose that are flexible and those that are rigid. rigid packaging films are like tough protectors, shielding products from damage and keeping out unwanted stuff like germs. They're the best choice for things that need extra security, like drinks, makeup, and medicine. That's why they've been so popular, accounting for more than 64% of the market last year. Flexible packaging films, on the other hand, are more like lightweight wrappers. They're perfect for things that don't need as much protection, like snacks, candy, and pastries. They're also better at keeping out moisture, oxygen, and light, which helps products last longer on the shelf. That makes them great for things like canned goods, bottled drinks, and dried foods.

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Imagine a vibrant marketplace brimming with all kinds of food. The packaging industry is like the skilled chefs who wrap up our goodies in different ways. One of the most bustling stalls is the meat, poultry, and seafood section. It's the star of the show, taking up over 32% of the market! By 2032, it's expected to rake in a whopping $35 million. Why is this section so popular? Well, our world is changing, and so are the ways we eat. People want healthier, more sustainable options, and the food industry is listening. That's why you're seeing more eco-friendly packaging made from plants and other renewable materials. Companies are also getting creative with new types of packaging to keep our meat, poultry, and seafood fresh and delicious. Like magic, there's this thing called Modified Atmosphere Packaging (MAP) and vacuum packaging that slows down spoilage and keeps the food tasting like it just came from the farm or ocean. This means less waste and more yummy meals for us!

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Asia Pacific has become a global hub for food packaging films, with over a third of the market share in 2022. This boom is thanks to the region's thriving economies, especially in countries like China, India, and Southeast Asia. As people in these countries move to cities and adopt new ways of life, they're looking for more convenience and packaged foods. This has skyrocketed the demand for food packaging films. With so many people living in cities and even more people joining them, the need for packaged food has exploded, driving up the use of food packaging films. Online shopping has also taken off in Asia Pacific, especially in crowded countries like China and India. This means there's a huge demand for strong and reliable packaging materials like food packaging films to keep food safe during delivery. Governments in Asia Pacific have different rules for food safety and packaging. Manufacturers have to follow these rules carefully, which affects how they make their food packaging films.

Food Packaging Films Market Share

Amcor is a key player in the food packaging films sector, offering an extensive portfolio of flexible packaging solutions designed to meet the unique needs of the food and beverage industry. The company specializes in producing high-quality, functional, and innovative films that cater to the demands of preserving food freshness, extending shelf life, and ensuring product safety. Amcor's food packaging films include materials that provide barrier properties against moisture, oxygen, and other external factors, contributing to the protection and preservation of packaged food products. The other major players operating in the food packaging films industry include

  • Berry Global
  • Amcor Plc
  • Sealed Air Corporation
  • Mondi Group
  • Winpak Holdings Inc.
  • Toppan Printing Co., Ltd.
  • Dupont Teijin Films

Food Packaging Films Industry News

  • In July 2021, Berry Global collaborated with Poly-Ag Recycling and Clean Farms to launch a Canada-based recycling initiative to recover used agriculture films, process recovered grain bag material, and produce new products with recycled content.

The food packaging films market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD million) from 2018 to 2032 for the following segments

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Market, By Type

 

  • Flexible packaging films
  • Rigid packaging films

Market, By Material

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyethylene Terephthalate (PET)
  • Nylon
  • Polyvinyl chloride (PVC)
  • Others

Market, By Applications

  • Fresh produce packaging
  • Meat, poultry, and seafood packaging
  • Snack & confectionery packaging
  • Beverage packaging films
  • Dairy products packaging
  • Others

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ANZ
    • Rest of Asia Pacific 
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America  
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA

 

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