Market Overview:
The global film packaging material market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for flexible and rigid film packaging materials from various end-use industries, such as OLED and AM OLED. In terms of volume, the flexible film packaging material segment is projected to grow at a higher CAGR than the rigid film packaging material segment during the forecast period. North America accounted for the largest share of the global film packaging material market in 2017, followed by Europe and Asia Pacific.
Product Definition:
This refers to any type of packaging that uses a film material. This can include things like shrink wrap, stretch wrap, and cellophane. Film packaging is important because it helps to protect the product while also providing a visual cue to the consumer.
Rigid Film Packaging Material:
Rigid film packaging material is a type of packaging film that is made from polyvinyl chloride (PVC), polyethylene (PE), or other synthetic resins. Rigid films are used for the primary packing of products in various industries such as food & beverages, chemicals, pharmaceuticals and others. The growing chemical industry across the globe coupled with increasing demand for rigid films in food & beverage and pharmaceutical sectors is expected to drive market growth over the forecast period.
Flexible Film Packaging Material:
Flexible film packaging material is a thin, flexible sheet made from plastic or other materials. It is usually used for packaging products such as food and consumer goods. The flexibility of the product allows it to be rolled up into a compact shape, making it easier to store in small spaces and lessening the chances of damage during transportation.
Application Insights:
The OLED segment is expected to witness the fastest growth over the forecast period. The demand for OPM in this application is primarily driven by high display efficiency, which allows manufacturers to utilize smaller batteries. Moreover, increasing use of organic materials in the manufacturing process of OPM results in higher product quality and reliability, which further boosts market growth.
AM OLED held a significant share as well as it is projected to grow at a steady rate over the forecast period owing to rising demand for flexible displays with enhanced picture quality and brightness levels. Furthermore, growing preference for AMOLED displays due to their advantages such as low power consumption and thin screen bezel edges increases industry penetration across end-use industries such as mobile phones and wearable devices rapidly expanding its scope over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the presence of key manufacturers such as Japan Display Inc. (JDI), Samsung Electronics Co., Ltd, LG Display Co., Ltd and others. The region is expected to witness significant growth over the forecast period due to rising product demand from various end-use industries such as electronics, automotive and appliances.
The Asia Pacific film packaging material market is anticipated to grow at a CAGR of XX% from 2018 to 2030 owing to increasing investments by governments in infrastructure development along with rapid urbanization resulting into an increased need for energy-efficient lighting solutions that are offered by OLEDs.
Growth Factors:
- Increasing demand for packaged food products: The global packaged food market is projected to grow at a CAGR of 5.4% from 2016 to 2021, reaching a value of USD 2,711.5 billion by 2021. This growth is primarily attributed to the increasing urbanization and changing lifestyles in emerging countries, coupled with rising disposable incomes. Film packaging material offers an efficient and economical way of packaging food products and helps preserve their quality over an extended period of time.
- Proliferation of e-commerce: The growth in e-commerce has led to a surge in the demand for lightweight and durable packaging materials that can protect goods during transit. Film packaging materials are ideal for this purpose as they are strong yet lightweight and do not damage the product during shipping or handling.
Scope Of The Report
Report Attributes
Report Details
Report Title
Film Packaging Material Market Research Report
By Type
Rigid Film Packaging Material, Flexible Film Packaging Material
By Application
OLED, AM OLED
By Companies
Samsung SDI, LG Chem, 3M, Mitsui Chem, Kangdexin Composite Material Group (KDX), Samsung SDI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Film Packaging Material Market Report Segments:
The global Film Packaging Material market is segmented on the basis of:
Types
Rigid Film Packaging Material, Flexible Film Packaging Material
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OLED, AM OLED
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsung SDI
- LG Chem
- 3M
- Mitsui Chem
- Kangdexin Composite Material Group (KDX)
- Samsung SDI
Highlights of The Film Packaging Material Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rigid Film Packaging Material
- Flexible Film Packaging Material
- By Application:
- OLED
- AM OLED
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Film Packaging Material Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Film packaging material is the materials used to enclose and protect films during shipping and storage. It can include cardboard boxes, plastic sleeves, or polyethylene bags.
Some of the major companies in the film packaging material market are Samsung SDI, LG Chem, 3M, Mitsui Chem, Kangdexin Composite Material Group (KDX), Samsung SDI.
The film packaging material market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Film Packaging Material Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Film Packaging Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Film Packaging Material Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Film Packaging Material Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Film Packaging Material Market Size & Forecast, 2018-2028
4.5.1 Film Packaging Material Market Size and Y-o-Y Growth
4.5.2 Film Packaging Material Market Absolute $ Opportunity
Chapter 5 Global Film Packaging Material Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Film Packaging Material Market Size Forecast by Type
5.2.1 Rigid Film Packaging Material
5.2.2 Flexible Film Packaging Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Film Packaging Material Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Film Packaging Material Market Size Forecast by Applications
6.2.1 OLED
6.2.2 AM OLED
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Film Packaging Material Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Film Packaging Material Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Film Packaging Material Analysis and Forecast
9.1 Introduction
9.2 North America Film Packaging Material Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Film Packaging Material Market Size Forecast by Type
9.6.1 Rigid Film Packaging Material
9.6.2 Flexible Film Packaging Material
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Film Packaging Material Market Size Forecast by Applications
9.10.1 OLED
9.10.2 AM OLED
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Film Packaging Material Analysis and Forecast
10.1 Introduction
10.2 Europe Film Packaging Material Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Film Packaging Material Market Size Forecast by Type
10.6.1 Rigid Film Packaging Material
10.6.2 Flexible Film Packaging Material
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Film Packaging Material Market Size Forecast by Applications
10.10.1 OLED
10.10.2 AM OLED
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Film Packaging Material Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Film Packaging Material Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Film Packaging Material Market Size Forecast by Type
11.6.1 Rigid Film Packaging Material
11.6.2 Flexible Film Packaging Material
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Film Packaging Material Market Size Forecast by Applications
11.10.1 OLED
11.10.2 AM OLED
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Film Packaging Material Analysis and Forecast
12.1 Introduction
12.2 Latin America Film Packaging Material Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Film Packaging Material Market Size Forecast by Type
12.6.1 Rigid Film Packaging Material
12.6.2 Flexible Film Packaging Material
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Film Packaging Material Market Size Forecast by Applications
12.10.1 OLED
12.10.2 AM OLED
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Film Packaging Material Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Film Packaging Material Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Film Packaging Material Market Size Forecast by Type
13.6.1 Rigid Film Packaging Material
13.6.2 Flexible Film Packaging Material
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Film Packaging Material Market Size Forecast by Applications
13.10.1 OLED
13.10.2 AM OLED
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Film Packaging Material Market: Competitive Dashboard
14.2 Global Film Packaging Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung SDI
14.3.2 LG Chem
14.3.3 3M
14.3.4 Mitsui Chem
14.3.5 Kangdexin Composite Material Group (KDX)
14.3.6 Samsung SDI
