Plastic Film Market Share

Market Share of Plastic Film Industry

The plastic film market is highly competitive in nature because of the presence of global players and unlicensed local units manufacturing low-grade plastic bags. Partnerships, mergers, and acquisitions are the prime growth strategies adopted by global players to sustain themselves in the market.

• October 2022: Sukano partnered with chemicals manufacturer Emery Oleochemicals to develop a transparent PET antifogging compound for food contact PET packaging, aiming to combat the necessity of extra antifogging coatings. Designed for rigid and oriented Coex films, the material contains Sukano's co-polyester compound in one cap layer of a film extrusion line A/B structure and PET as a core layer.
• June 2022: Innovia Films has launched RayoWrap CMS transparent BOPP film for shrink, wraparound label applications. Produced at its UK production facility, CMS30 provides high shrinkage. The technical performance of CMS30 means it performs at every stage of the value chain, from the ease of printing, through high-speed roll-fed wraparound labeling, to the all-important end-of-life and recycling of the packaging.

Plastic Films Market Leaders

1. Amcor plc

2. Berry Global, Inc

3. Toray Advanced Film Co Ltd​

4. Oben Holding Group​

5. Taghleef Industries​

*Disclaimer: Major Players sorted in no particular order