The future of plastic film and film market will be very promising
The future of plastic film and film market will be very promising
In recent years, the market demand of plastic films and sheet materials has been increasing year by year, and its development prospect will be very promising. The total consumption of plastic film and sheet material in 2013 was 59.9 million tons. The figure is expected to rise to 709m tonnes in 2018, with a growth rate of 3.4 per cent over the next four years.
Market prospect of plastic film and sheet metal
At present, plastic film and sheet have become an integral part of social development. With the growth of the global population and the rising per capita income of residents, the application of plastic film and sheet material in packaging and non-packaging is expanding.
In the field of application, plastic film and plastic sheet are widely used in food, medicine, personal care, industry and other fields. Among them, food packaging has become the main driving force for the rapid development of global plastic film and film industry. Nowadays, with the rapid pace of modernization, plastic film is widely used in soft packaging as the raw material of excellent performance. In the non-packaging field, plastic films and films are popular in agriculture, construction, health care, consumer durables and other industries.
In terms of geography, the asia-pacific is the largest plastic film and sheet market in the world, controlling more than 30% of the market share. The growing middle class in China and India has further boosted the market for plastic films and sheets in the region, the report said. The report also notes that demand for plastic films and plastic sheets has slowed in many developed countries in Europe and North America in recent years.
Markets&Markets, chief market analyst said that China, India, Turkey, Poland, Brazil, Mexico and other countries for packing food and drug demand strength increasing to a great extent, led to the development of plastic film and sheet market worldwide.
