Global Technical Films Market Size study, by Film Type (Stretch Film, Shrink Film, Barrier Film, Conductive Film, Safety & Security Film, Anti-Fog Film, Other Technical Films) By Material (Polyethylene (PE), Polyethylene Terephthalate (PET), Polyamide (PA), Polypropylene (PP), Polyvinyl Chloride (PVC), Ethylene Vinyl Alcohol (EVOH), Polyurethane (PU), Aluminium, Polycarbonate (PC), Others) By Thickness Type (Up To 25 Microns, 25-50 Microns, 50-100 Microns, 100-150 Microns, Above 150 Microns) By End Use Industries (Food & Beverage, Cosmetic & Personal Care, Chemical, Agriculture, Building & Construction, Pharmaceutical, Electrical & Electronic, Automobile, Others) and Regional Forecasts 2022-2028Global Technical Films Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Technical films are used as packaging solution for a wide variety of products and applications including in the packaging, construction, and electronics industries. They are also used for protecting highly sensitive products and for surface functionalization. Growing food & beverages industry and rising automotive sector are key drivers for the growth of Technical Films market. For instance, according to Plant based Food Association (PBFA) - as of 2020, the sales of plant-based food products in U.S. have increased to USD 7 billion from sales of over USD 5.5 billion in the year 2019. Overall, in 2020, 57 percent of all U.S. households purchased plant-based foods (approximately 71 million households), as compared to 53 percent households in 2019. The value of plant-based meat in 2020 crossed USD 1.4 billion in 2020, with sales growing 45 percent, up from USD 962 million in the year 2019.Also, in September 2020, SABIC, a public company based in Riyadh, Saudi Arabia has launched a sustainable packaging solution for frozen food. The solution is based on mono TF-BOPE film structure which has thickness of only 20 micrometers. Also, with the increasing demand from end use industries and growing packaged food industry in emerging economies, the adoption & demand for Technical Films is likely to increase the market growth during the forecast period. However, stringent government regulations over use of plastic and lower demand generation owing to pandemic impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Technical Films Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to increasing demand from food and beverages sector in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing packaged food industry and increasing penetration of leading manufacturer in the region would create lucrative growth prospects for the Technical Films Market across Asia-Pacific region.

Major market player included in this report are:
The Mondi Group Plc
Bischof + Klein SE & Co. KG
Klockner Pentaplast Group
Selenis Portugal S.A.
Polifilm GmbH
Futamura Chemical Co. Ltd
Vizelpas
Bioplast
HYPAC Packaging Pte Ltd
Perlen Packaging AG
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Film Type:
Stretch Film
Shrink Film
Barrier Film
Conductive Film
Safety & Security Film
Anti-Fog Film
Other Technical Films
By Material:
Polyethylene (PE)
Polyethylene Terephthalate (PET)
Polyamide (PA)
Polypropylene (PP)
Polyvinyl Chloride (PVC)
Ethylene Vinyl Alcohol (EVOH)
Polyurethane (PU)
Aluminium
Polycarbonate (PC)
Others
By Thickness Type:
Up to 25 microns
25-50 microns
50-100 microns
100-150 microns
above 150 microns

By End Use Industries:
Food & Beverage
Cosmetic & Personal Care
Chemical
Agriculture
Building & Construction
Pharmaceutical
Electrical & Electronic
Automobile
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028

Target Audience of the Global Technical Films Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

The Mondi Group Plc
Bischof + Klein SE & Co. KG
Klockner Pentaplast Group
Selenis Portugal S.A.
Polifilm GmbH
Futamura Chemical Co. Ltd
Vizelpas
Bioplast
HYPAC Packaging Pte Ltd
Perlen Packaging AG