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According to the latest market report titled "Reclosable films Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018•2026", easy peel films segment by peel strength is anticipated to be the highest contributors to the global reclosable films market, over the forecast period, 2018-2026. Globally, the revenue generated from sales of reclosable films has been estimated to be over US$ 130 Mn in 2018, and is projected to expand at a CAGR of 7.8% during forecast period 2018-2026.
The demand for reclosable lidding has led to an increase in demand for reclosable films. Reclosable films are used for packaging of food & beverages, pharmaceuticals, personal care & home care, industrial & other products. Moreover, demand for reclosable films in past few years has increased rapidly, resulting in the consumption of flexible reclosable packaging solutions.
Reclosable Films Market: Global Industry Analysis and Forecast 2018•2026
This report provides forecast and analysis of the reclosable films market on global level. It provides actual data of 2017 along with estimated data of 2018, and forecast data up to 2026 in terms of value (US$ Mn) and volume (Tonnes). It includes drivers and restraints of the global reclosable films market and their impact on each region during the forecast period. The report also comprises the study of current issues with end users and opportunities for reclosable films manufacturers. It also includes value chain analysis.
In order to provide users of this report with comprehensive view of the market, we have included detailed competitiveness analysis and company players with their SWOT analysis and strategy overview. The dashboard provides detailed comparison of global reclosable films manufacturers on parameters such as operating margin, total revenue, product portfolio, and what we call ‘innovation scale’. The study encompasses market attractiveness analysis by material type, peel strength, packaging type, thickness, end use industry, and region.
The global reclosable films market has witnessed high growth over past few years, due to increase in consumption of flexible lidding. The global reclosable films market has been segmented into material type, peel strength, packaging type, thickness, end use industry and region. By material type, polypropylene (PP) segment is projected to register highest CAGR of 8.4%, in terms of value, during the forecast period. However, by peel strength, easy peel films segment is expected to expand at 1.5x of its current value by the end of 2022. By packaging type, the trays segment is expected to account for the largest share in the global reclosable films market during the forecast period.
Among geographic market segments, Europe market for reclosable films is anticipated to lead the global reclosable films market and North America reclosable films market is projected to register a CAGR of 8.6%, during the forecast period.
The report provides detailed competitive and company profiles of key participants operating in the global reclosable films market. The companies that have been profiled are - Coveris Holdings S.A., DowDuPont Inc., Korozo Ambalaj Sanayi Ve Ticaret AS, Industria Termoplastica Pavese SpA, AS Estiko Plastar, Stratex Group Limited, Parkside Flexibles (Europe) Limited, TCL Packaging Ltd, Buergofol GmbH, Plastopil Hazorea Company Ltd, Bemis Company, Inc., Berry Global Group, Inc., Sealed Air Corporation, Mitsui Chemicals, Inc., Südpack Verpackungen GmbH + Co. KG, Schur Flexibles Holding GesmbH, Termoplast srl, HFM Packaging, Ltd., Folian GmbH, and Winpak Ltd.
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