| Product Code: ETC5307389 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus continued to see a significant influx of polyethylene film imports, with top suppliers including Greece, Italy, Poland, Metropolitan France, and China. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remained strong at 10.0%. The market maintained a high level of concentration, as indicated by the Herfindahl-Hirschman Index (HHI). This data suggests a stable demand for polyethylene film in Cyprus, with established trade relationships with key exporting countries contributing to the market's resilience.

The Polyethylene Film market in Cyprus is projected to grow at a growing growth rate of 6.97% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

The Polyethylene Film market in Cyprus is significant for packaging applications across various industries, including food, pharmaceuticals, and consumer goods. Polyethylene films are favored for their flexibility, moisture resistance, and durability. The market is characterized by increasing demand for sustainable packaging solutions, leading to the development of biodegradable and recyclable polyethylene films. As environmental concerns continue to rise, the polyethylene film market is anticipated to expand.
The polyethylene film market in Cyprus is driven by the increasing demand for flexible packaging solutions across various industries. As businesses seek to enhance product shelf life and reduce packaging waste, polyethylene films are becoming essential materials in food, consumer goods, and industrial packaging. The growth of the e-commerce sector and the rising trend towards sustainable packaging further stimulate demand for polyethylene films.
The polyethylene film market in Cyprus faces challenges related to sustainability and competition from alternative packaging materials. As environmental concerns over plastic waste grow, manufacturers are under pressure to develop biodegradable or recyclable film options, which can require significant investment in research and development. Moreover, competition from biodegradable and renewable packaging solutions can impact pricing strategies and market positioning, necessitating ongoing innovation to retain market relevance.
The government emphasizes the importance of the polyethylene film market in packaging and industrial applications. Policies support local manufacturers in developing high-quality, sustainable polyethylene films, providing funding for research into eco-friendly alternatives and innovative production techniques.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Polyethylene Film Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Polyethylene Film Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Polyethylene Film Market - Industry Life Cycle |
3.4 Cyprus Polyethylene Film Market - Porter's Five Forces |
3.5 Cyprus Polyethylene Film Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Cyprus Polyethylene Film Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Cyprus Polyethylene Film Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Cyprus Polyethylene Film Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Polyethylene Film Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Polyethylene Film Market Trends |
6 Cyprus Polyethylene Film Market Segmentations |
6.1 Cyprus Polyethylene Film Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Polyethylene Film Market Revenues & Volume, By Blow Film Extrusion, 2021-2031F |
6.1.3 Cyprus Polyethylene Film Market Revenues & Volume, By Cast Film Extrusion, 2021-2031F |
6.2 Cyprus Polyethylene Film Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Polyethylene Film Market Revenues & Volume, By Stretch Films, 2021-2031F |
6.2.3 Cyprus Polyethylene Film Market Revenues & Volume, By Shrink Films, 2021-2031F |
6.3 Cyprus Polyethylene Film Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Polyethylene Film Market Revenues & Volume, By Low-Density Polyethylene (LDPE), 2021-2031F |
6.3.3 Cyprus Polyethylene Film Market Revenues & Volume, By High-Density Polyethylene (HDPE), 2021-2031F |
6.3.4 Cyprus Polyethylene Film Market Revenues & Volume, By Linear Low-Density Polyethylene (LDPE), 2021-2031F |
6.4 Cyprus Polyethylene Film Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Polyethylene Film Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.4.3 Cyprus Polyethylene Film Market Revenues & Volume, By Agriculture, 2021-2031F |
6.4.4 Cyprus Polyethylene Film Market Revenues & Volume, By Construction, 2021-2031F |
6.4.5 Cyprus Polyethylene Film Market Revenues & Volume, By Household, 2021-2031F |
6.4.6 Cyprus Polyethylene Film Market Revenues & Volume, By Others, 2021-2031F |
7 Cyprus Polyethylene Film Market Import-Export Trade Statistics |
7.1 Cyprus Polyethylene Film Market Export to Major Countries |
7.2 Cyprus Polyethylene Film Market Imports from Major Countries |
8 Cyprus Polyethylene Film Market Key Performance Indicators |
9 Cyprus Polyethylene Film Market - Opportunity Assessment |
9.1 Cyprus Polyethylene Film Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Cyprus Polyethylene Film Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Cyprus Polyethylene Film Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Cyprus Polyethylene Film Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Polyethylene Film Market - Competitive Landscape |
10.1 Cyprus Polyethylene Film Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Polyethylene Film Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |