Global Packaging Films Market Research Report, 2025-30
- Actual Market Research
- 10-03-2025
- Pages : 109
- Figures : 16
- Tables : 32
- Region : Global
- Category : Chemical & Material
- Packaging
The global packaging films market will grow from USD 110.52B in 2024 to USD 157.86B by 2030 at a 6.25% CAGR.
- Historical Period2019-2023
- Base Year2024
- Forecast Period2025-2030
- Market Size (2024) USD 110.52 Billion
- Market Size (2030) USD 157.86 Billion
- CAGR (2025-2030) 0.0625%
- Largest Market Asia-Pacific
- Fastest Market Asia-Pacific
- Format
Featured Companies
- 1. Berry Global Inc
- 2. Toray Industries, Inc
- 3. Sealed Air Corporation
- 4. Amcor Plc
- 5. Mondi Group
- More...
Packaging Films Market Analysis
The global packaging films market is growing rapidly, fueled by changing consumer preferences, innovative technologies, and a strong push toward sustainability. With growing concerns about plastic waste and its impact on ecosystems, there is a marked shift towards eco-friendly and recyclable packaging materials. Manufacturers are responding by developing biodegradable and compostable films derived from renewable resources such as polylactic acid (PLA) and polyhydroxyalkanoates (PHA). These innovations not only reduce the environmental footprint but also align with stringent global regulations aimed at minimizing plastic pollution. For instance, over 100 countries have implemented restrictions on single-use plastics, prompting the packaging industry to adopt sustainable alternatives. The expansion of the e-commerce sector in these nations further amplifies the demand for reliable and efficient packaging solutions. Moreover, government initiatives promoting sustainable practices and investments in infrastructure bolster the growth of the packaging films industry in the region. Regulatory frameworks play a crucial role in shaping the packaging films market. Global efforts to combat plastic pollution have led to the formulation of treaties and agreements aimed at reducing plastic production and promoting recycling. For example, recent United Nations discussions have highlighted the need for binding measures to curb plastic production, with countries like China, Russia, and Saudi Arabia favoring solutions focused on recycling and circularity, while the High Ambition Coalition advocates for mandatory production limits. These regulatory dynamics influence market strategies and compel manufacturers to align with evolving environmental standards. According to the research report "Global Packaging Films Market Research Report, 2030," published by Actual Market Research, the Global Packaging Films market was valued at more than USD 110.52 Billion in 2024, and expected to reach a market size of more than USD 157.86 Billion by 2030 with the CAGR of 6.25% from 2025-2030. In response to these challenges and opportunities, key industry players are actively engaging in mergers, acquisitions, and collaborations to strengthen their market positions. For instance, in May 2022, Jindal Poly Films Limited entered into a partnership with Brookfield Asset Management, investing approximately USD 260 million to expand its packaging film business. Such strategic alliances enable companies to enhance their product portfolios, expand their global reach, and invest in sustainable technologies, thereby driving the growth of the packaging films market. Innovations such as bio-based plastics derived from renewable sources like cornstarch and sugarcane are gaining traction as companies work towards achieving circular economy goals. Additionally, advancements in multilayer films with enhanced barrier properties have improved the shelf life of packaged goods, especially in the food and pharmaceutical industries. Smart packaging technologies, including active and intelligent films, are also on the rise, offering real-time freshness indicators, tamper evidence, and extended product safety. The increasing demand for flexible packaging, driven by convenience and e-commerce expansion, has further boosted the growth of packaging films. Moreover, regulatory frameworks across various regions are pushing for reduced plastic waste, encouraging R&D efforts in innovative film structures that meet sustainability criteria without compromising performance. As consumer preferences shift towards lightweight and high-performance packaging, major industry players are focusing on material efficiency and the development of thinner yet durable films. Additionally, the increasing adoption of nanotechnology in film coatings has led to improved mechanical strength, antimicrobial properties, and enhanced resistance to external factors like moisture and oxygen.
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Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
Download SampleMarket Dynamic
Market Drivers • Surging Demand Across Major End-Use Industries: The increasing demand in major end-use industries like pharmaceuticals, food and beverage, and consumer goods is prominently driving the need for packaging films. For instance, the food and beverage industry utilizes flexible packaging films to protect product freshness, increase shelf life, and improve visual appeal. • Technological Advancements in Packaging Film Production: Innovations in materials science and engineering have led to the development of high-performance films that offer superior protection and functionality over traditional options. These advancements allow for the creation of thinner, lighter films that maintain strength and durability, directly reducing shipping costs and improving overall efficiency. Market Challenges • Environmental Sustainability Concerns: The packaging film industry faces significant pressure to reduce its environmental impact. Packaging waste accounts for a substantial portion of landfill waste, and only a small percentage of plastic packaging is collected for recycling globally. This scenario underscores the urgent need for more sustainable packaging solutions. • Fluctuations in Raw Material Prices: The packaging films industry is heavily reliant on petrochemical derivatives, making it susceptible to raw material price volatility. Fluctuating petrochemical prices pose a significant challenge, as they directly impact production costs and market stability. For instance, increases in crude oil prices elevate the cost of petroleum-based polymers, thereby increasing the production cost of packaging films. Market Trends • Sustainable and Eco-Friendly Packaging Films: The packaging industry is experiencing a shift towards sustainable and eco-friendly solutions, driven by consumer demand and environmental regulations. Manufacturers are developing biodegradable and recyclable packaging films to minimize waste and reduce their carbon footprint. Sustainable packaging could significantly reduce packaging waste in the coming years. • Advanced Barrier Technologies in Food Packaging: The development of high-performance barrier films is revolutionizing food packaging by extending shelf life, preserving freshness, and reducing food waste. Improved packaging technologies could reduce food waste significantly, addressing both economic and environmental concerns.
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Packaging Films Segmentation
| By Material Type | Polyethylene (PE) | |
| Polypropylene (PP) | ||
| Polyethylene Terephthalate (PET) | ||
| Polyvinyl Chloride (PVC) | ||
| Others (EVOH, PA, Biodegradable Films, etc.) | ||
| By Film Type | Barrier Films | |
| Shrink Films | ||
| Stretch Films | ||
| Metallized Films | ||
| Conductive Films | ||
| By Application | Food & Beverage | |
| Pharmaceutical & Healthcare | ||
| Personal Care & Cosmetics | ||
| Industrial Packaging | ||
| Others (Electronics, Household Products, Agriculture, etc.) | ||
| By End use Format | Wraps & Pouches | |
| Bags & Sachets | ||
| Lidding Films | ||
| Labels & Tapes | ||
| Others (Blister Packs, Cling Films, etc.) | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Russia | ||
| Asia-Pacific | China | |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| South America | Brazil | |
| Argentina | ||
| Colombia | ||
| MEA | United Arab Emirates | |
| Saudi Arabia | ||
| South Africa | ||
The growth of "Others" category (EVOH, PA, Biodegradable Films, etc.) in the global packaging films industry is primarily driven by the increasing demand for sustainable, high-barrier, and performance-enhancing packaging solutions. The global packaging films industry is undergoing a transformation due to rising consumer awareness about environmental sustainability, stricter government regulations, and the need for superior packaging performance. This shift is leading to increased adoption of specialty films such as Ethylene Vinyl Alcohol (EVOH), Polyamide (PA), and Biodegradable Films. These materials are categorized under "Others" in the industry and are witnessing significant growth due to their unique properties, which address critical concerns in food safety, shelf life extension, and sustainability. EVOH, in particular, is widely used in multilayer packaging for perishable food products, pharmaceuticals, and medical supplies. With increasing demand for ready-to-eat meals, frozen foods, and vacuum packaging, high-barrier films are becoming essential for preventing spoilage and extending shelf life. Biodegradable films, made from materials like polylactic acid (PLA) and polyhydroxyalkanoates (PHA), offer a viable alternative to conventional plastic packaging. These materials decompose naturally, reducing environmental impact. Many FMCG brands are transitioning toward biodegradable films to align with sustainability goals and regulatory compliance, particularly in Europe and North America. Additionally, bio-based polyamides are gaining traction as they provide durability while being more environmentally friendly than traditional petroleum-based plastics. Manufacturers are innovating to develop recyclable and multi-functional films that balance cost, performance, and sustainability. Enhanced production techniques and economies of scale are making these films more accessible to industries beyond food and healthcare, including cosmetics, personal care, and industrial applications. The growth of shrink films in the global packaging films industry is primarily driven by the increasing demand for tamper-evident, cost-effective, and versatile packaging solutions across industries such as food & beverages. Shrink films have gained significant traction in the global packaging films industry due to their exceptional ability to provide secure, aesthetically appealing, and protective packaging solutions. These films, typically made from polyolefins such as polyethylene (PE), polyvinyl chloride (PVC), and polyethylene terephthalate glycol (PETG), are widely used in various applications, including food packaging, consumer goods, pharmaceuticals, and industrial bundling. The increasing preference for shrink films is driven by multiple factors, ranging from cost-effectiveness and convenience to enhanced product safety and sustainability. With growing concerns about product counterfeiting and contamination, manufacturers and retailers are increasingly adopting shrink films as a protective solution. The ability of shrink films to conform tightly to various shapes ensures that products remain sealed until they reach the end consumer, boosting confidence in the product’s authenticity. Shrink films are lightweight and require less material than traditional rigid packaging, making them a cost-effective alternative. The ability to tightly wrap products in minimal packaging reduces material wastage and transportation costs. Compared to rigid plastic containers, shrink films occupy less space, allowing for efficient storage and logistics. Shrink films provide a glossy, transparent, and visually appealing finish that enhances product visibility and branding opportunities. With advancements in digital and flexographic printing, manufacturers can now use shrink films for high-quality, 360-degree branding. This is particularly advantageous in industries like beverages, where full-body shrink sleeve labels are widely used to create eye-catching packaging designs. The Food & Beverage industry's growing demand for packaging films is primarily driven by the increasing need for extended shelf life, food safety, and convenience, fueled by evolving consumer lifestyles, e-commerce expansion, and stringent regulatory standards. The global packaging films industry is experiencing significant growth, largely propelled by the Food & Beverage (F&B) sector’s expanding demand. This surge can be attributed to various factors, including the increasing consumer preference for convenience, extended product shelf life, and heightened awareness of food safety and hygiene. With rapid urbanization, shifting dietary habits, and the fast-paced nature of modern lifestyles, the demand for packaged and ready-to-eat food products has skyrocketed, necessitating the use of high-performance packaging films that ensure food remains fresh, uncontaminated, and visually appealing. Advanced packaging film technologies, such as multi-layered films, barrier coatings, and antimicrobial films, have revolutionized the industry by significantly improving food preservation. These innovations are particularly crucial for perishable food items such as dairy, meat, seafood, and fresh produce, where maintaining freshness is a key challenge. The rise of e-commerce and online food delivery services has further fueled the demand for high-quality packaging films. As consumers increasingly rely on digital platforms for grocery shopping and meal deliveries, packaging films play a critical role in ensuring the safe transportation of food items without compromising quality. Flexible and lightweight packaging films offer durability, leak resistance, and tamper-proofing, which are essential for maintaining consumer trust in food safety. Moreover, the growing preference for single-serving and portion-controlled packaging solutions, especially in urban areas, has driven manufacturers to innovate and adopt packaging films that cater to convenience-driven consumption patterns. The growth of the Bags & Sachets segment in the global packaging films industry is primarily driven by increasing consumer demand for convenience, portion-controlled packaging, extended product shelf life, and cost-effectiveness. The global packaging films industry has witnessed a significant surge in demand for Bags & Sachets, largely fueled by evolving consumer preferences and industry-specific requirements. Convenience-driven lifestyles, rising urbanization, and changing consumption patterns have made flexible, lightweight, and cost-effective packaging solutions more desirable, positioning Bags & Sachets as an ideal choice across various industries. Their growing adoption is particularly prominent in the food, pharmaceutical, and personal care sectors, where portability, single-use functionality, and extended product preservation are key priorities. In the food and beverage sector, single-serving packs of snacks, condiments, dairy products, and ready-to-eat meals are increasingly preferred due to their ease of use and reduced food wastage. This trend is further amplified by the rise of nuclear families, busy work schedules, and the growing demand for packaged foods in emerging economies. Additionally, sachets have become the go-to choice for instant beverage mixes, such as coffee, tea, and protein powders, allowing brands to offer affordable and easily consumable products. The pharmaceutical industry is another major driver behind the growing demand for Bags & Sachets in packaging films. The need for precise dosage, tamper-proof solutions, and extended shelf life has led to the widespread use of sachets for packaging medicines, oral rehydration salts, and nutritional supplements. Pharmaceutical manufacturers benefit from the enhanced barrier properties of advanced packaging films, which protect products from moisture, oxygen, and contaminants. Moreover, single-dose sachets help in ensuring medication adherence, making them highly popular in the healthcare sector.
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Packaging Films Market Regional Insights
The Asia-Pacific region is experiencing significant growth in the global packaging films industry due to rapid urbanization, rising disposable incomes, increasing demand for packaged food and beverages, and the expansion of key industries such as pharmaceuticals. The Asia-Pacific region has emerged as a dominant player in the global packaging films industry, driven by a combination of economic growth, evolving consumer lifestyles, and industrial expansion. One of the primary factors fueling this growth is rapid urbanization. As millions of people migrate to cities, there is a growing demand for convenient, ready-to-use products, leading to an increased need for efficient and durable packaging solutions. The rising middle class in countries like China, India, Indonesia, and Vietnam has significantly contributed to higher consumption of packaged food, beverages, personal care items, and pharmaceuticals, all of which rely heavily on packaging films for product protection and shelf-life extension. The food and beverage industry, in particular, has been a major driver of the packaging films market in the region. Changing dietary habits, the influence of Western consumption patterns, and the expansion of the retail sector have led to increased demand for packaged and processed foods. Consumers now prioritize hygiene, convenience, and longer shelf life, pushing manufacturers to adopt advanced packaging film technologies such as multi-layered barrier films, antimicrobial coatings, and vacuum-sealed packaging. The growing popularity of frozen foods, instant noodles, dairy products, and snack foods has further amplified the need for high-performance packaging materials that ensure product freshness and safety. In addition to food packaging, the pharmaceutical industry has played a crucial role in the expansion of packaging films in Asia-Pacific. The region has become a major pharmaceutical manufacturing hub, supplying medicines not only to domestic markets but also to international markets.
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Companies Mentioned
- Berry Global Inc
- Toray Industries, Inc
- Sealed Air Corporation
- Amcor Plc
- Mondi Group
- Mitsubishi Chemical Group Corporation
- The RKW Group
- Inteplast Group
- Primrose Schools
- Cosmo Films Ltd
Table of Contents
- 1. Executive Summary
- 2. Market Dynamics
- 2.1. Market Drivers & Opportunities
- 2.2. Market Restraints & Challenges
- 2.3. Market Trends
- 2.3.1. XXXX
- 2.3.2. XXXX
- 2.3.3. XXXX
- 2.3.4. XXXX
- 2.3.5. XXXX
- 2.4. Supply chain Analysis
- 2.5. Policy & Regulatory Framework
- 2.6. Industry Experts Views
- 3. Research Methodology
- 3.1. Secondary Research
- 3.2. Primary Data Collection
- 3.3. Market Formation & Validation
- 3.4. Report Writing, Quality Check & Delivery
- 4. Market Structure
- 4.1. Market Considerate
- 4.2. Assumptions
- 4.3. Limitations
- 4.4. Abbreviations
- 4.5. Sources
- 4.6. Definitions
- 5. Economic /Demographic Snapshot
- 6. Global Packaging film Market Outlook
- 6.1. Market Size By Value
- 6.2. Market Share By Region
- 6.3. Market Size and Forecast, By Geography
- 6.4. Market Size and Forecast, By Material Type
- 6.5. Market Size and Forecast, By Film Type
- 6.6. Market Size and Forecast, By Application
- 6.7. Market Size and Forecast, By End use Format
- 7. North America Packaging film Market Outlook
- 7.1. Market Size By Value
- 7.2. Market Share By Country
- 7.3. Market Size and Forecast, By Material Type
- 7.4. Market Size and Forecast, By Film Type
- 7.5. Market Size and Forecast, By Application
- 7.6. Market Size and Forecast, By End use Format
- 8. Europe Packaging film Market Outlook
- 8.1. Market Size By Value
- 8.2. Market Share By Country
- 8.3. Market Size and Forecast, By Material Type
- 8.4. Market Size and Forecast, By Film Type
- 8.5. Market Size and Forecast, By Application
- 8.6. Market Size and Forecast, By End use Format
- 9. Asia-Pacific Packaging film Market Outlook
- 9.1. Market Size By Value
- 9.2. Market Share By Country
- 9.3. Market Size and Forecast, By Material Type
- 9.4. Market Size and Forecast, By Film Type
- 9.5. Market Size and Forecast, By Application
- 9.6. Market Size and Forecast, By End use Format
- 10. South America Packaging film Market Outlook
- 10.1. Market Size By Value
- 10.2. Market Share By Country
- 10.3. Market Size and Forecast, By Material Type
- 10.4. Market Size and Forecast, By Film Type
- 10.5. Market Size and Forecast, By Application
- 10.6. Market Size and Forecast, By End use Format
- 11. Middle East & Africa Packaging film Market Outlook
- 11.1. Market Size By Value
- 11.2. Market Share By Country
- 11.3. Market Size and Forecast, By Material Type
- 11.4. Market Size and Forecast, By Film Type
- 11.5. Market Size and Forecast, By Application
- 11.6. Market Size and Forecast, By End use Format
- 12. Competitive Landscape
- 12.1. Competitive Dashboard
- 12.2. Business Strategies Adopted by Key Players
- 12.3. Key Players Market Share Insights and Analysis, 2023
- 12.4. Key Players Market Positioning Matrix
- 12.5. Porter's Five Forces
- 12.6. Company Profile
- 12.6.1. Berry Global Inc.
- 12.6.1.1. Company Snapshot
- 12.6.1.2. Company Overview
- 12.6.1.3. Financial Highlights
- 12.6.1.4. Geographic Insights
- 12.6.1.5. Business Segment & Performance
- 12.6.1.6. Product Portfolio
- 12.6.1.7. Key Executives
- 12.6.1.8. Strategic Moves & Developments
- 12.6.2. Amcor plc
- 12.6.3. Mitsubishi Chemical Group Corporation
- 12.6.4. Toray Industries, Inc.
- 12.6.5. Sealed Air Corporation
- 12.6.6. SRF Limited
- 12.6.7. RKW SE
- 12.6.8. Novolex
- 12.6.9. Cosmo Films Ltd
- 12.6.10. Mondi plc
- 13. Strategic Recommendations
- 14. Annexure
- 14.1. FAQ`s
- 14.2. Notes
- 14.3. Related Reports
- 15. Disclaimer
Table 2: Influencing Factors for Packaging film Market, 2023
Table 3: Top 10 Counties Economic Snapshot 2022
Table 4: Economic Snapshot of Other Prominent Countries 2022
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: Global Packaging film Market Size and Forecast, By Geography (2019 to 2030F) (In USD Billion)
Table 7: Global Packaging film Market Size and Forecast, By Material Type (2019 to 2030F) (In USD Billion)
Table 8: Global Packaging film Market Size and Forecast, By Film Type (2019 to 2030F) (In USD Billion)
Table 9: Global Packaging film Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 10: Global Packaging film Market Size and Forecast, By End use Format (2019 to 2030F) (In USD Billion)
Table 11: North America Packaging film Market Size and Forecast, By Material Type (2019 to 2030F) (In USD Billion)
Table 12: North America Packaging film Market Size and Forecast, By Film Type (2019 to 2030F) (In USD Billion)
Table 13: North America Packaging film Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 14: North America Packaging film Market Size and Forecast, By End use Format (2019 to 2030F) (In USD Billion)
Table 15: Europe Packaging film Market Size and Forecast, By Material Type (2019 to 2030F) (In USD Billion)
Table 16: Europe Packaging film Market Size and Forecast, By Film Type (2019 to 2030F) (In USD Billion)
Table 17: Europe Packaging film Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 18: Europe Packaging film Market Size and Forecast, By End use Format (2019 to 2030F) (In USD Billion)
Table 19: Asia-Pacific Packaging film Market Size and Forecast, By Material Type (2019 to 2030F) (In USD Billion)
Table 20: Asia-Pacific Packaging film Market Size and Forecast, By Film Type (2019 to 2030F) (In USD Billion)
Table 21: Asia-Pacific Packaging film Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 22: Asia-Pacific Packaging film Market Size and Forecast, By End use Format (2019 to 2030F) (In USD Billion)
Table 23: South America Packaging film Market Size and Forecast, By Material Type (2019 to 2030F) (In USD Billion)
Table 24: South America Packaging film Market Size and Forecast, By Film Type (2019 to 2030F) (In USD Billion)
Table 25: South America Packaging film Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 26: South America Packaging film Market Size and Forecast, By End use Format (2019 to 2030F) (In USD Billion)
Table 27: Middle East & Africa Packaging film Market Size and Forecast, By Material Type (2019 to 2030F) (In USD Billion)
Table 28: Middle East & Africa Packaging film Market Size and Forecast, By Film Type (2019 to 2030F) (In USD Billion)
Table 29: Middle East & Africa Packaging film Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 30: Middle East & Africa Packaging film Market Size and Forecast, By End use Format (2019 to 2030F) (In USD Billion)
Table 31: Competitive Dashboard of top 5 players, 2023
Table 32: Key Players Market Share Insights and Anaylysis for Packaging film Market 2023
Figure 2: Market attractiveness Index, By Region 2030
Figure 3: Market attractiveness Index, By Segment 2030
Figure 4: Global Packaging film Market Size By Value (2019, 2023 & 2030F) (in USD Billion)
Figure 5: Global Packaging film Market Share By Region (2023)
Figure 6: North America Packaging film Market Size By Value (2019, 2023 & 2030F) (in USD Billion)
Figure 7: North America Packaging film Market Share By Country (2023)
Figure 8: Europe Packaging film Market Size By Value (2019, 2023 & 2030F) (in USD Billion)
Figure 9: Europe Packaging film Market Share By Country (2023)
Figure 10: Asia-Pacific Packaging film Market Size By Value (2019, 2023 & 2030F) (in USD Billion)
Figure 11: Asia-Pacific Packaging film Market Share By Country (2023)
Figure 12: South America Packaging film Market Size By Value (2019, 2023 & 2030F) (in USD Billion)
Figure 13: South America Packaging film Market Share By Country (2023)
Figure 14: Middle East & Africa Packaging film Market Size By Value (2019, 2023 & 2030F) (in USD Billion)
Figure 15: Middle East & Africa Packaging film Market Share By Country (2023)
Figure 16: Porter's Five Forces of Global Packaging film Market
Packaging Films Market Research FAQs
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