What is the size of Plastic Film Market?

According to 6Wresearch internal database and industry insights, the Global Plastic Film Market was valued at USD 125 Billion in 2024 and is expected to reach USD 168 Billion by 2031, growing at a compound annual growth rate of 4.30% during the forecast period (2025-2031).

As packaging, agricultural, and industrial applications continue to embrace advancements in films that offer durability, cost-effectiveness, and improved barrier properties, the market is growing steadily. Furthermore, new developments in bio-based and recyclable films are also providing benefits across food, healthcare, and consumer products supply chains.

Growth Factors for Plastic Film Market

Increase in demand for flexible packaging in food, beverage, and personal care.

Increase in demand for biodegradable and recyclable plastic films for product sustainability compliance.

Advancement of film manufacture technology that improves background or barrier performance and tensile strength.

Increase in agricultural applications using mulch films to protect crops and enhance yield.

Increase in use of protective films in the automotive, electronics, and construction industries.

Plastic Film Market Trends

The plastic film market trends indicate a growing shift toward sustainable materials, including bio-based and compostable films. Packaging manufacturers are more frequently choosing recyclable options to follow environmental mandates. There is a significant increase in the demand for high-barrier films for food preservation and shelf-life extension.

As a result, flexible packaging formats, light-weight formats, and film surfaces for printing are beginning to take off. The shift to e-commerce has opened up possibilities for protective films and tamper-evident films, while multilayer technology would continue to enhance performance and customization across industries.

Emerging Developments in the Plastic Film Market

The plastic film market developments include the launch of next-generation films with enhanced oxygen and moisture barrier capabilities. Companies are developing thinner and stronger films to mitigate material input while still being long-lasting and functional. The manufacturers are also focusing on integrating bio-based resins.

The growth of smart packaging with sensors and QR codes is producing opportunities for new applications for plastic films. Medical/pharmaceutical grade films for medical devices and drug packaging, and sterile barrier systems are re-shifting product development with packaging in healthcare.

List of Leading Companies in the Plastic Film Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Amcor plc

Amcor plc manufactures a wide range of plastic films for packaging applications, focusing on sustainability, recyclability, and barrier protection.

2. Berry Global Group, Inc.

Berry Global produces engineered plastic films serving packaging, agricultural, and industrial applications with advanced material technology.

3. Sealed Air Corporation

Sealed Air offers protective and flexible plastic films with innovative designs for food safety, product security, and sustainability.

4. Toray Industries, Inc.

Toray Industries manufactures advanced plastic films for electronics, industrial, and packaging uses with a focus on high-performance materials.

5. Mondi plc

Mondi plc provides specialty plastic films for consumer and industrial packaging, emphasizing recyclable and eco-friendly solutions.

6. Uflex Ltd.

Uflex Ltd. produces flexible plastic films for packaging, lamination, and labeling applications across multiple industries.

7. Jindal Poly Films Limited

Jindal Poly Films manufactures biaxially oriented plastic films with applications in packaging and industrial sectors.

8. Taghleef Industries

Taghleef Industries specializes in polypropylene-based films with a focus on sustainable packaging solutions.

9. Mitsubishi Chemical Corporation

Mitsubishi Chemical produces high-performance plastic films for industrial, packaging, and specialty applications.

10. Inteplast Group

Inteplast Group manufactures a broad range of polyethylene films for packaging, construction, and industrial use.

How big is the Plastic Film Market : FAQ's