CHICAGO, Aug. 15, 2022 /PRNewswire/ — Food Packaging Films Market size was USD 49.8 billion in 2021 and is projected to reach USD 72.3 billion by 2027, at a CAGR of 6.4%, according to a new report by MarketsandMarkets™. The growth of the food packaging films market is estimated to be driven by the growing demand for convenience food items and innovative packaging solutions that ensure extended shelf life of food items.
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Browse in-depth TOC on “Food Packaging Films Market”
128 – Tables
53 – Figures
182 – Pages
Growing demand for convenience food items
Convenience food is the fastest-growing segment in the food packaging films market due to changing food consumption patterns, and increasing urbanization. Flexible films with a high resistance to oil, vinegar, and spices were needed for convenience food and ready-to-eat meal packaging to avoid seal layer damage or delamination. To preserve food quality and ensure packaging integrity, it is essential to choose the right packaging materials. In the convenience food industry, flow wrap, and form-fill-seal (FFS) films are commonly utilized. Convenience meals are increasingly using pre-made pouches or doypacks as a product distinction.
High demand for polyethylene food packaging films due to favorable properties
The polyethylene (PE) segment is the largest in terms of volume as the material provides resistance to chemicals and…