07-Oct-2024 | Zion Market Research
According to experts from Zion Market Research, the global reclosable films market is predicted to develop at a CAGR of more than 5.8% throughout the forecasted period. The requirement for reclosable films is anticipated to surge in the estimated period owing to its re-closability characteristic. The reclosable films market consists of many material types like PP (polypropylene), PE (polyethylene), and PET (polyethylene terephthalate). These are utilized in the packaging of different kinds of products. In addition, a better shelf presence is likely to be one of the noteworthy contributors to surging the sales of the product. This in return, is projected to accelerate the growth of the worldwide reclosable films market.
Some of the key players in the market are DowDuPont Inc., Coveris Holdings S.A., Industria Termoplastica Pavese SpA, Korozo Ambalaj Sanayi Ve Ticaret AS, Stratex Group Limited, AS Estiko Plastar, TCL Packaging Ltd, Schur Flexibles Holding GesmbH, Parkside Flexibles Limited, Plastopil Hazorea Company Ltd, Buergofol GmbH, Berry Global Group, Inc., Bemis Company, Inc., Mitsui Chemicals, Inc., Sealed Air Corporation, Südpack Verpackungen GmbH + Co. KG, HFM Packaging, Ltd., Termoplast srl, Winpak Ltd., and Folian GmbH.
Rising Demand For Reclosable Films From The Food Industry To Stimulate The Global Reclosable Films Market
The global food industry has shown the constructive growth, particularly in budding economies like India, China, and Brazil amongst others. The personalized food packaging is gaining momentum which is likely to boost up reclosable lidding films sales in the forecasted period. The reclosable films are one of the packaging products that have evolved to cater to the food industry, pharmaceuticals, personal care & home care, and other industry. In the reclosable packaging formats like cups, trays, and bags & pouches, consumer convenience is positioned at the epicenter.
The global reclosable films market is segmented on the basis of material type, packaging type, peel strength, thickness, and end-user industry. Based on the material type, the market is divided into polyethylene (PE), low-density polyethylene (LDPE), high-density polyethylene (HDPE), polyethylene terephthalate (PET), polypropylene (PP), pressure-sensitive adhesives (PSA), and others (PA, PS, PVC, EVOH). Based on the peel strength, the market is categorized into easy peel films and medium peel films. Based on the packaging type, the market is divided into cups, trays, pouches & bags. Based on the thickness, the market is categorized into 100 to 200 Micron, up to 100 Micron, and above 200 Micron. Based on the end-use industry, the market is bifurcated into food & beverages, frozen food, meat, ready-to-eat food, dairy products, poultry, seafood, bakery & confectionery, beverages & others, personal care & home care, pharmaceuticals, industrial & others.
North Africa Region To Witness Highest CAGR Growth In The Coming Years
By geographic analysis, the global reclosable films market is divided into Latin America, North America, Asia Pacific, Europe, and Middle East & Africa. The North Africa region is estimated to record the highest CAGR of 8.5%, in the forecasted period.
Browse the full “Reclosable Films Market by Material (Polypropylene (PP), Polyethylene (PE), Pressure Sensitive Adhesives (PSA), Polyethylene Terephthalate (PET), and Others), By Packaging Type (Trays, Cups, and Others), By Thickness (Up to 100 Micron, 100 to 200 Micron, and Above 200 Micron), By End Use Industry (Pharmaceuticals, Food & Beverages, Personal Care, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/reclosable-films-market
The global reclosable films market is segmented as follows:
By material type:
By peel strength:
By packaging type:
By thickness:
By end-use industry:
By Region
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