Global Multilayer Film Market Overview:
Multilayer films are prepared in two different case Multilayer films has multilayer structures ranging from 3 to 12 layers. The increasing number of layers helps in improving mechanical and physical properties such as puncture, tear, moisture, oxygen barrier, and heat resistance. Multilayer films are majorly used in the high-volume packaging in food and medical sector. The polyethylene is the largest and cheapest polymer in packaging film. The Polyethylene films have some limitation such as Poor gas barrier properties, and Low-temperature resistance. For these reasons the packaging films producing in many layers. Some of the players profiled in the study are Zeffex Ventures B.V. (The Netherlands), Tecnoservice Imballaggi S.r.l. (Italy), Ecoplast Ltd. (India), Saint-Gobain Life Sciences (United States), DIC Corporation (Japan), Algoja (Slovenia), Ginegar Plastic Products Ltd. (Israel), DUNMORE (United States), PolymerPlus LLC (United States) and Ecoplast Ltd. (India).
On the basis of geography, the market of Multilayer Film has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Preparation, the sub-segment i.e. Co-Extrusion will boost the Multilayer Film market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Polymers, the sub-segment i.e. Polyethylene (PE) will boost the Multilayer Film market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Increasing Demand from Food and Medical Sector
- Rise in Demand for Sustainable Packaging, And Protecting Food with Minimum Packaging
- Less Packaging Waste
- Less Energy of Production and Lower Transport Costs
- Lower Environmental Impacts
Influencing Trend
- Increase Adoption from Farmers Due To Multilayer Film Protect Crops against UV, Heat and Agrochemical Premature Degradation
- Increase Demand of Bio-Based Multilayer Packaging Films
Restraints
- Increasing Challenges in Economically Mechanically Recycling Multilayer Structure Effect the Growth of This Market
Opportunities
- Increasing Use of Flexible Packaging Rapidly Across the Globe
- Continuous Encroachment in FMCG Areas, Specifically In Food & Beverages, Pharmaceutical, Which Is Previously Served By Other Packaging Format
Challenges
- Lack of Recycling Infrastructure
- Slow Environmental Degradation
Key Market Developments:
In Jan 2019, TC Transcontinental Packaging has announced the launch of a breakthrough recyclable pouch in North America in partnership with Harney & Sons. It is a resin technology which provides the solution which allows multilayer film as a fully recyclable and attain sustainability goals
The global multilayer film market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability.
Target Audience:
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Multilayer Film Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Multilayer Film market on the basis of product [
] , application [Food, Pharmaceutical, Agriculture and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Multilayer Film market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Multilayer Film industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are MKP technologies (Spain), Plastemart.com (India) and Shree Rama Multi Tech Limited (India).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Multilayer Film market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.