About Reclosable Films
Reclosable films are the packaging materials with resealable or reclosing advantages, it is used by various industries such as food packaging, pharmaceutical, personal care, etc industry. There are several types of material used for reclosable films which include polyethylene, polypropylene, pressure-sensitive adhesives, etc. These films can vary in thickness, easy to peel, and medium peel capability. It maintains the freshness of food or any other item packed with reclosable films.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Reclosable Films is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Reclosable Films market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amtopack Inc. (United States), Coveris (Austria), DuPont (United States), Stratex Group, LLC (United States), Bemis Company LLC. (United States), Mitsui Chemicals, Inc. (Japan), Winpak Ltd. (Canada), Parkside Flexibles (Malaysia), TCL Packaging (United Kingdom), HFM Packaging Ltd.(United States), Buergofol GmbH (Germany) and Termoplast (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Plastopil Hazorea Company Ltd. (Israel) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Reclosable Films market by Type (Easy Peel Films and Medium Peel Films) and Region.
On the basis of geography, the market of Reclosable Films 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 Distribution Channel, the sub-segment i.e. Supermarket will boost the Reclosable Films market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use Industry, the sub-segment i.e. Food & Beverages will boost the Reclosable Films market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Film Material, the sub-segment i.e. Polyethylene will boost the Reclosable Films market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Consumption of Ready Food and Beverages Products
Market Growth Drivers:
Growing Food Packaging Industry with the Increasing Demand for Packed Food Items and Need for Resealable Packaging in Range of Products
Challenges:
Stiff Competition in the Reclosable Films Market and Regulatory Guidelines on Using Reclosable Films
Restraints:
Risk of High combustibility and Toxicity with Reclosable Films
Opportunities:
Surging Demand for Long Durability Packaged Products will Boost the Reclosable Films
Market Leaders and their expansionary development strategies
In June 2021, Schur Flexibles acquired 100% of the shares Italy-based recyclable film manufacturer Termoplast S.r.L., in a deal that closed at the end of June 2021, according to the statement issued by the company. The acquisition has allowed Schur Flexibles to further accelerate and grow its presence in the Italian market.
In October 2020, Terphane launched an innovative resealable solution under the Sealphane brand. This new PET solution addresses a growing demand for resealable, tamper evident, multi-use lidding solutions. Sealphane Reseal film is the result of extensive research and development.
Key Target Audience
Reclosable Films Manufacturers, Reclosable Films International Traders, Reclosable Films Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.