The Asia Pacific Food Packaging Films Market would witness market growth of 7.1% CAGR during the forecast period (2022-2028).
Because the orientation allows for the manipulation of a variety of qualities (including shrinkage rate, tensile strength, transparency, etc.), food packaging film has seen a significant rise in use in contemporary food packaging applications. Compared to unoriented film, food packaging film offers better mechanical strength as well as water barrier qualities.
Because the variance of crystalline layers in Polypropylene is lessened across the thickness of the film, food packaging films enhance clarity. A benzene ring is added to every other carbon in the primary polymer chain as a result of the linear addition polymerization of styrene known as polystyrene. It is a transparent, brittle substance with a high surface gloss.
Oriented polystyrene food packaging films are frequently utilized to lessen the propensity to fracture. Typical uses include lids for drink cups, fruit and meat trays, and economical party glasses. But as part of the approval procedure, the FDA takes into account the amount of a compound that is anticipated to contaminate food as well as any toxicological issues with the specific chemical. In recent years, a few examples have garnered public interest.
In the market for food packaging films, China is one of the top countries with a significantly high demand for packaged foods as well as food packaging films. Demand for various packaging solutions is exceptionally strong in the nation due to the increased need for convenience brought on by a busy lifestyle as well as cultural considerations. Health consciousness is a widespread trend that is helping the Chinese packaging film market to grow. Furthermore, a rise in the need for inexpensive packaging and the use of recycled materials in packaging film production would maintain prices for packaging films high in China.
The China market dominated the Asia Pacific Others Market by Country in 2021; thereby, achieving a market value of $610.9 million by 2028. The Japan market is anticipated to witness a CAGR of 7.5% during (2022 - 2028). Additionally, The India market is exhibiting a CAGR of 9% during (2022 - 2028).
Based on Type, the market is segmented into Flexible Packaging Films and Rigid Packaging Films. Based on Material, the market is segmented into Polyethylene, Polypropylene, Polyethylene Terephthalate and Polyamide. Based on Application, the market is segmented into Meat, Poultry & Seafood, Fruits & Vegetables, Bakery & Confectionery, Convenience Foods, Dairy Products and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Food Packaging Films Market is Projected to reach USD 75.4 Billion by 2028, at a CAGR of 6.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amcor Plc., Berry Global Group, Inc., Sealed Air Corporation, Coveris Management GmbH (Sun Capital Partners, Inc.), Mondi Plc., DuPont de Nemours, Inc., DS Smith Plc., WestRock Company, Graphic Packaging Holding Company and Charter Next Generation.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Flexible Packaging Films
- Rigid Packaging Films
By Material
- Polyethylene
- Polypropylene
- Polyethylene Terephthalate
- Polyamide
By Application
- Meat, Poultry & Seafood
- Fruits & Vegetables
- Bakery & Confectionery
- Convenience Foods
- Dairy Products
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Amcor Plc.
- Berry Global Group, Inc.
- Sealed Air Corporation
- Coveris Management GmbH (Sun Capital Partners, Inc.)
- Mondi Plc.
- DuPont de Nemours, Inc.
- DS Smith Plc.
- WestRock Company
- Graphic Packaging Holding Company
- Charter Next Generation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Food Packaging Films Market, by Type
1.4.2 Asia Pacific Food Packaging Films Market, by Material
1.4.3 Asia Pacific Food Packaging Films Market, by Application
1.4.4 Asia Pacific Food Packaging Films Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Acquisitions and Mergers: 2018, Nov – 2022, Aug) Leading Players
Chapter 4. Asia Pacific Food Packaging Films Market by Type
4.1 Asia Pacific Flexible Packaging Films Market by Country
4.2 Asia Pacific Rigid Packaging Films Market by Country
Chapter 5. Asia Pacific Food Packaging Films Market by Material
5.1 Asia Pacific Polyethylene Market by Country
5.2 Asia Pacific Polypropylene Market by Country
5.3 Asia Pacific Polyethylene Terephthalate Market by Country
5.4 Asia Pacific Polyamide Market by Country
Chapter 6. Asia Pacific Food Packaging Films Market by Application
6.1 Asia Pacific Meat, Poultry & Seafood Market by Country
6.2 Asia Pacific Fruits & Vegetables Market by Country
6.3 Asia Pacific Bakery & Confectionery Market by Country
6.4 Asia Pacific Convenience Foods Market by Country
6.5 Asia Pacific Dairy Products Market by Country
6.6 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Food Packaging Films Market by Country
7.1 China Food Packaging Films Market
7.1.1 China Food Packaging Films Market by Type
7.1.2 China Food Packaging Films Market by Material
7.1.3 China Food Packaging Films Market by Application
7.2 Japan Food Packaging Films Market
7.2.1 Japan Food Packaging Films Market by Type
7.2.2 Japan Food Packaging Films Market by Material
7.2.3 Japan Food Packaging Films Market by Application
7.3 India Food Packaging Films Market
7.3.1 India Food Packaging Films Market by Type
7.3.2 India Food Packaging Films Market by Material
7.3.3 India Food Packaging Films Market by Application
7.4 South Korea Food Packaging Films Market
7.4.1 South Korea Food Packaging Films Market by Type
7.4.2 South Korea Food Packaging Films Market by Material
7.4.3 South Korea Food Packaging Films Market by Application
7.5 Singapore Food Packaging Films Market
7.5.1 Singapore Food Packaging Films Market by Type
7.5.2 Singapore Food Packaging Films Market by Material
7.5.3 Singapore Food Packaging Films Market by Application
7.6 Malaysia Food Packaging Films Market
7.6.1 Malaysia Food Packaging Films Market by Type
7.6.2 Malaysia Food Packaging Films Market by Material
7.6.3 Malaysia Food Packaging Films Market by Application
7.7 Rest of Asia Pacific Food Packaging Films Market
7.7.1 Rest of Asia Pacific Food Packaging Films Market by Type
7.7.2 Rest of Asia Pacific Food Packaging Films Market by Material
7.7.3 Rest of Asia Pacific Food Packaging Films Market by Application
Chapter 8. Company Profiles
8.1 Amcor Plc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisitions and Mergers:
8.2 Berry Global Group, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.3 Sealed Air Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.5.2 Acquisition and Mergers:
8.4 Coveris Management GmbH (Sun Capital Partners, Inc.)
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Product Launches and Product Expansions:
8.4.2.2 Acquisition and Mergers:
8.5 Mondi Plc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.5.4.2 Acquisition and Mergers:
8.6 DuPont de Nemours, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.7 DS Smith Plc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.8 WestRock Company
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Recent strategies and developments:
8.8.4.1 Partnerships, Collaborations, and Agreements:
8.8.4.2 Acquisition and Mergers:
8.9 Graphic Packaging Holding Company
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Product Launches and Product Expansions:
8.9.5.3 Acquisition and Mergers:
8.10. Charter Next Generation
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Acquisition and Mergers:
TABLE 1 Asia Pacific Food Packaging Films Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Food Packaging Films Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Food Packaging Films Market
TABLE 4 Product Launches And Product Expansions – Food Packaging Films Market
TABLE 5 Acquisition and Mergers – Food Packaging Films Market
TABLE 6 Asia Pacific Food Packaging Films Market by Type, 2018 - 2021, USD Million
TABLE 7 Asia Pacific Food Packaging Films Market by Type, 2022 - 2028, USD Million
TABLE 8 Asia Pacific Flexible Packaging Films Market by Country, 2018 - 2021, USD Million
TABLE 9 Asia Pacific Flexible Packaging Films Market by Country, 2022 - 2028, USD Million
TABLE 10 Asia Pacific Rigid Packaging Films Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific Rigid Packaging Films Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific Food Packaging Films Market by Material, 2018 - 2021, USD Million
TABLE 13 Asia Pacific Food Packaging Films Market by Material, 2022 - 2028, USD Million
TABLE 14 Asia Pacific Polyethylene Market by Country, 2018 - 2021, USD Million
TABLE 15 Asia Pacific Polyethylene Market by Country, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Polypropylene Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Polypropylene Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific Polyethylene Terephthalate Market by Country, 2018 - 2021, USD Million
TABLE 19 Asia Pacific Polyethylene Terephthalate Market by Country, 2022 - 2028, USD Million
TABLE 20 Asia Pacific Polyamide Market by Country, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Polyamide Market by Country, 2022 - 2028, USD Million
TABLE 22 Asia Pacific Food Packaging Films Market by Application, 2018 - 2021, USD Million
TABLE 23 Asia Pacific Food Packaging Films Market by Application, 2022 - 2028, USD Million
TABLE 24 Asia Pacific Meat, Poultry & Seafood Market by Country, 2018 - 2021, USD Million
TABLE 25 Asia Pacific Meat, Poultry & Seafood Market by Country, 2022 - 2028, USD Million
TABLE 26 Asia Pacific Fruits & Vegetables Market by Country, 2018 - 2021, USD Million
TABLE 27 Asia Pacific Fruits & Vegetables Market by Country, 2022 - 2028, USD Million
TABLE 28 Asia Pacific Bakery & Confectionery Market by Country, 2018 - 2021, USD Million
TABLE 29 Asia Pacific Bakery & Confectionery Market by Country, 2022 - 2028, USD Million
TABLE 30 Asia Pacific Convenience Foods Market by Country, 2018 - 2021, USD Million
TABLE 31 Asia Pacific Convenience Foods Market by Country, 2022 - 2028, USD Million
TABLE 32 Asia Pacific Dairy Products Market by Country, 2018 - 2021, USD Million
TABLE 33 Asia Pacific Dairy Products Market by Country, 2022 - 2028, USD Million
TABLE 34 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 35 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 36 Asia Pacific Food Packaging Films Market by Country, 2018 - 2021, USD Million
TABLE 37 Asia Pacific Food Packaging Films Market by Country, 2022 - 2028, USD Million
TABLE 38 China Food Packaging Films Market, 2018 - 2021, USD Million
TABLE 39 China Food Packaging Films Market, 2022 - 2028, USD Million
TABLE 40 China Food Packaging Films Market by Type, 2018 - 2021, USD Million
TABLE 41 China Food Packaging Films Market by Type, 2022 - 2028, USD Million
TABLE 42 China Food Packaging Films Market by Material, 2018 - 2021, USD Million
TABLE 43 China Food Packaging Films Market by Material, 2022 - 2028, USD Million
TABLE 44 China Food Packaging Films Market by Application, 2018 - 2021, USD Million
TABLE 45 China Food Packaging Films Market by Application, 2022 - 2028, USD Million
TABLE 46 Japan Food Packaging Films Market, 2018 - 2021, USD Million
TABLE 47 Japan Food Packaging Films Market, 2022 - 2028, USD Million
TABLE 48 Japan Food Packaging Films Market by Type, 2018 - 2021, USD Million
TABLE 49 Japan Food Packaging Films Market by Type, 2022 - 2028, USD Million
TABLE 50 Japan Food Packaging Films Market by Material, 2018 - 2021, USD Million
TABLE 51 Japan Food Packaging Films Market by Material, 2022 - 2028, USD Million
TABLE 52 Japan Food Packaging Films Market by Application, 2018 - 2021, USD Million
TABLE 53 Japan Food Packaging Films Market by Application, 2022 - 2028, USD Million
TABLE 54 India Food Packaging Films Market, 2018 - 2021, USD Million
TABLE 55 India Food Packaging Films Market, 2022 - 2028, USD Million
TABLE 56 India Food Packaging Films Market by Type, 2018 - 2021, USD Million
TABLE 57 India Food Packaging Films Market by Type, 2022 - 2028, USD Million
TABLE 58 India Food Packaging Films Market by Material, 2018 - 2021, USD Million
TABLE 59 India Food Packaging Films Market by Material, 2022 - 2028, USD Million
TABLE 60 India Food Packaging Films Market by Application, 2018 - 2021, USD Million
TABLE 61 India Food Packaging Films Market by Application, 2022 - 2028, USD Million
TABLE 62 South Korea Food Packaging Films Market, 2018 - 2021, USD Million
TABLE 63 South Korea Food Packaging Films Market, 2022 - 2028, USD Million
TABLE 64 South Korea Food Packaging Films Market by Type, 2018 - 2021, USD Million
TABLE 65 South Korea Food Packaging Films Market by Type, 2022 - 2028, USD Million
TABLE 66 South Korea Food Packaging Films Market by Material, 2018 - 2021, USD Million
TABLE 67 South Korea Food Packaging Films Market by Material, 2022 - 2028, USD Million
TABLE 68 South Korea Food Packaging Films Market by Application, 2018 - 2021, USD Million
TABLE 69 South Korea Food Packaging Films Market by Application, 2022 - 2028, USD Million
TABLE 70 Singapore Food Packaging Films Market, 2018 - 2021, USD Million
TABLE 71 Singapore Food Packaging Films Market, 2022 - 2028, USD Million
TABLE 72 Singapore Food Packaging Films Market by Type, 2018 - 2021, USD Million
TABLE 73 Singapore Food Packaging Films Market by Type, 2022 - 2028, USD Million
TABLE 74 Singapore Food Packaging Films Market by Material, 2018 - 2021, USD Million
TABLE 75 Singapore Food Packaging Films Market by Material, 2022 - 2028, USD Million
TABLE 76 Singapore Food Packaging Films Market by Application, 2018 - 2021, USD Million
TABLE 77 Singapore Food Packaging Films Market by Application, 2022 - 2028, USD Million
TABLE 78 Malaysia Food Packaging Films Market, 2018 - 2021, USD Million
TABLE 79 Malaysia Food Packaging Films Market, 2022 - 2028, USD Million
TABLE 80 Malaysia Food Packaging Films Market by Type, 2018 - 2021, USD Million
TABLE 81 Malaysia Food Packaging Films Market by Type, 2022 - 2028, USD Million
TABLE 82 Malaysia Food Packaging Films Market by Material, 2018 - 2021, USD Million
TABLE 83 Malaysia Food Packaging Films Market by Material, 2022 - 2028, USD Million
TABLE 84 Malaysia Food Packaging Films Market by Application, 2018 - 2021, USD Million
TABLE 85 Malaysia Food Packaging Films Market by Application, 2022 - 2028, USD Million
TABLE 86 Rest of Asia Pacific Food Packaging Films Market, 2018 - 2021, USD Million
TABLE 87 Rest of Asia Pacific Food Packaging Films Market, 2022 - 2028, USD Million
TABLE 88 Rest of Asia Pacific Food Packaging Films Market by Type, 2018 - 2021, USD Million
TABLE 89 Rest of Asia Pacific Food Packaging Films Market by Type, 2022 - 2028, USD Million
TABLE 90 Rest of Asia Pacific Food Packaging Films Market by Material, 2018 - 2021, USD Million
TABLE 91 Rest of Asia Pacific Food Packaging Films Market by Material, 2022 - 2028, USD Million
TABLE 92 Rest of Asia Pacific Food Packaging Films Market by Application, 2018 - 2021, USD Million
TABLE 93 Rest of Asia Pacific Food Packaging Films Market by Application, 2022 - 2028, USD Million
TABLE 94 Key Information – Amcor Plc
TABLE 95 Key Information – Berry Global Group, Inc.
TABLE 96 Key Information – Sealed Air Corporation
TABLE 97 Key Information – Coveris Management GmbH
TABLE 98 Key Information – Mondi Plc
TABLE 99 Key Information –DuPont de Nemours, Inc.
TABLE 100 Key Information – DS Smith Plc
TABLE 101 key Information – WestRock Company
TABLE 102 Key Information – Graphic Packaging Holding Company
TABLE 103 Key Information – Charter Next Generation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Acquisitions and Mergers: 2018, Nov – 2022, Aug) Leading Players
FIG 5 Recent strategies and developments: Amcor plc
FIG 6 Recent strategies and developments: Berry Global Group, Inc.
FIG 7 Recent strategies and developments: Sealed Air Corporation
FIG 8 Recent strategies and developments: Graphic Packaging Holding Company