Packaging Film Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Global Packaging Film Market is segmented by Type of Material (Polyethylene, Polypropylene, Polyester, PVC), Application (Food and Beverage Packaging, Medical and Pharmaceutical Packaging, Consumer Products Packaging, Industrial Packaging), and Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Packaging Film Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Packaging Film Market Size

Packaging Film Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 6.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Packaging Film Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Packaging Film Market with other markets in Packaging Industry

Advanced Packaging

Packaging Equipment

Contract Packaging

Overall Packaging

Packaging Customers

Packaging Forms

Packaging Film Market Analysis

The Packaging Film Market is expected to register a CAGR of 6% during the forecast period.

  • The growing e-commerce market and surge in demand for consumer goods and health products are driving demand for packaging films. Further, the rise in food delivery services due to maintaining hygiene and increasing investment in food delivery sectors post-pandemic are essential factors supporting the market's growth.
  • Furthermore, the rising demand from the retail sector for the extended shelf life of packaged products and the consumers' demand for convenience products are augmenting the sales of packaging films in the retail industry.
  • The rapidly growing usage of films in food packaging is significantly contributing to the growth of the packaging film market. This can be attributed to the increasing trend of down-gauging, which has supported the shift from rigid to flexible packaging. A strong focus on extending product shelf life and reducing packaging material waste, combined with a growing preference for packaged fresh foods such as fruits, meat, vegetables, and seafood, have increased demand for packaging films.
  • However, the volatility of raw material prices, the ongoing drive for sustainability which includes replacing plastic-based packaging products with biodegradable materials, and mandates of using PCR (post-consumer recycled) plastics in response to growing environmental concerns are some of the major factors hampering the market growth.
  • The COVID-19 pandemic has led to a significant increase in the demand for film packaging. The market experienced a marked increase in need through the rise in online shopping and food takeaway, which has led to an upsurge in the amount of packaging film usage. At the same time, the accelerated shift towards e-commerce resulted in a permanent plateau in production. Further, the Russia-Ukraine war has an impact on the overall packaging ecosystem.

Packaging Film Industry Overview

The packaging film market is fragmented with many players, such as AEP Industries Inc., Novolex, Bemis Company Inc., RKW SE, Dupont Teijin Films, Jindal Poly Films Ltd, Innovia Films, ProAmpac, and many others. Most of these players are undergoing several strategic developments to gain a competitive edge, including mergers, acquisitions, new product launches, and market expansion.

In May 2022, Jindal Poly Films Limited (JFPL) signed a contract with Brookfield Asset Management to sell a small portion of its packaging film business. The company decided to spend INR 2,000 crores (USD 260 million) in the business with institutional partners (collectively referred to as "Brookfield").

In March 2022, SAES Coated Films and RKW Group partnered to develop premium performance films for sustainable food packaging that aimed to offer high protection throughout the product lifecycle.

Packaging Film Market Leaders

  1. AEP Industries Inc.

  2. Novolex

  3. Amcor PLC (Bemis Company Inc.)

  4. RKW SE

  5. Dupont Teijin Films

  6. *Disclaimer: Major Players sorted in no particular order
Packaging Film Market Concentration
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Packaging Film Market News

  • August 2022: TIPA Ltd and Aquapak collaborated to develop new compostable film solutions. This collaboration involved TIPA Ltd using Aquapak'swater-soluble polymer technology to deliver high-barrier and polyvinylidene dichloride (PVDC)-free compostable films for packaging.
  • June 2022: Pregis, the producer of protective packaging solutions, announced that it would invest more than EUR 10 million (USD 10.6 million) in multilayer PE film technology and manufacturing tools at its location in Heerlen, Netherlands. With this investment, Pregiscan continues to provide the packaging industry with cutting-edge sustainable solutions. Utilizing the Pregis AirSpeedinflatable systems for void fill and Hybrid Cushioning "HC" performance packaging solutions, the new extrusion technology will enable Pregisto to create and produce high-yield "thin" PE film with exceptional performance.
  • February 2022: To lessen reliance on virgin plastics and satisfy upcoming UK Plastic Packaging Tax requirements, one of the prominent sustainable packaging firms, Coveris, launched a variety of lightweight, next-generation stretch films with a minimum of 30% recycled content. The films are the most recent in a recent line of recycled product breakthroughs that also assist the businesses' objective of zero net waste. They were developed at Coveris' cutting-edge extrusion factory and Film Science Lab in Winsford.

Packaging Film Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Value Chain Analysis
  • 4.3 Industry Attractiveness - Porter Five Forces
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 Assessment of the Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Surge in E-commerce Business has Fueled Demand for Packaging
    • 5.1.2 Innovations in Food and Beverage Packaging
  • 5.2 Market Restraints
    • 5.2.1 Stringent Regulations for Chemical Composition of Packaging Materials

6. MARKET SEGMENTATION

  • 6.1 By Type of Material
    • 6.1.1 Polyethylene
    • 6.1.2 Polypropylene
    • 6.1.3 Polyester
    • 6.1.4 PVC
    • 6.1.5 Other Type of Materials
  • 6.2 By Application
    • 6.2.1 Food and Beverage Packaging
    • 6.2.2 Medical and Pharmaceutical Packaging
    • 6.2.3 Consumer Products Packaging
    • 6.2.4 Industrial Packaging
    • 6.2.5 Other Applications
  • 6.3 Geography
    • 6.3.1 North America
    • 6.3.2 Europe
    • 6.3.3 Asia-Pacific
    • 6.3.4 Latin America
    • 6.3.5 Middle East & Africa

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 AEP Industries Inc.
    • 7.1.2 Novolex
    • 7.1.3 Amcor PLC (Bemis Company Inc.)
    • 7.1.4 RKW SE
    • 7.1.5 Dupont Teijin Films
    • 7.1.6 Jindal Poly Films Ltd
    • 7.1.7 Innovia Films
    • 7.1.8 ProAmpac
    • 7.1.9 Cosmo Films Ltd
    • 7.1.10 SRF Limited
    • 7.1.11 Graphic Packaging International LLC
    • 7.1.12 Sigma Plastics Group
    • 7.1.13 Sealed Air Corporation
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OUTLOOK OF THE MARKET

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Packaging Film Industry Segmentation

Plastic film is a continuous sheet of thin polymer material. "Sheet" is a common term for thicker plastic material. These delicate plastic membranes are employed as barriers, to retain objects, to divide spaces or volumes, and as printable surfaces.

The study presents the current status and prospects of the packaging film market. The market tracks the key parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period. The market size reflects the value of packaging film consumption across studied applications and is computed in real terms (USD million). The impact of COVID-19 is also considered for current market estimation and future growth projections.

The Packaging Film Market is Segmented by Type of Material (Polyethylene, Polypropylene, Polyester, PVC), Application (Food and Beverage Packaging, Medical and Pharmaceutical Packaging, Consumer Products Packaging, Industrial Packaging), and Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

By Type of Material Polyethylene
Polypropylene
Polyester
PVC
Other Type of Materials
By Application Food and Beverage Packaging
Medical and Pharmaceutical Packaging
Consumer Products Packaging
Industrial Packaging
Other Applications
Geography North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
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Packaging Film Market Research FAQs

What is the current Packaging Film Market size?

The Packaging Film Market is projected to register a CAGR of 6% during the forecast period (2025-2030)

Who are the key players in Packaging Film Market?

AEP Industries Inc., Novolex, Amcor PLC (Bemis Company Inc.), RKW SE and Dupont Teijin Films are the major companies operating in the Packaging Film Market.

Which is the fastest growing region in Packaging Film Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Packaging Film Market?

In 2025, the Asia Pacific accounts for the largest market share in Packaging Film Market.

What years does this Packaging Film Market cover?

The report covers the Packaging Film Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Packaging Film Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Packaging Films Industry Report

Statistics for the 2025 Packaging Film market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Packaging Film analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.