Bundling films and Sheeting Market Size Worth $23.31 Billion By 2032 | CAGR: 5.2%

The global bundling films and sheeting market size is expected to reach USD 23.31 billion by 2032, according to a new study by Polaris Market Research. The report “Bundling films and sheeting Market Share, Size, Trends, Industry Analysis Report, By Packaging Type (Flexible Packaging, Rigid Packaging); By Material; By End-User; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Bundling film, a polymeric compound predominantly employed for packaging, is characterized by its continuous, thin composition. The term "sheet" often refers to a thicker plastic material within this category. These plastic membranes serve various purposes, including partitioning spaces, enclosing goods, acting as barriers, or providing a surface for printing. Widely chosen for containers and packaging, bundling film is a versatile option.

In the methods where multiple items need to be packed for distribution, films like bundling and sheeting come into play to safeguard the contents. Bundling presents an economical alternative to traditional packaging materials such as bags and boxes, making it a popular choice across diverse manufacturing applications.

Flourishing needs for pharmaceuticals, FMCG, cosmetics, and other products among the rising population globally have seen sustainable growth in the market. Due to its low-cost manufacturing process, it has shown tremendous growth in the market revenue and further sees many players enter this market.

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The demand for bundling films and sheeting is closely tied to the overall growth of the packaging industry. As industries expand and diversify, there is an increased need for efficient and versatile packaging materials. The rise of e-commerce has significantly impacted the packaging sector. With the growth of online shopping, there is an increased demand for secure and protective bundling materials for packaging and shipping products.

Bundling films and sheeting are widely used in the packaging of consumer goods such as food and beverages, personal care products, and household items. Consumer preferences and industry trends influence the demand. Retailers often have specific packaging requirements, and bundling films and sheeting are adapted to meet these needs. Customized packaging solutions for retail contribute to demand. Also. Industries such as manufacturing and construction use bundling films and sheeting for packaging and protection of raw materials, finished goods, and equipment during transportation and storage, which increases the market demand.

Bundling films and sheeting Market Report Highlights

• The flexible packaging is expected to witness the fastest CAGR during the forecast period due to its high degree of adaptability and versatility, and it conforms to various shapes and sizes, making it suitable for a wide range of products. This adaptability appeals to industries with diverse packaging needs.
• In 2023, The food and beverages segment accounted for the largest market share, ensuring the protection, preservation, and presentation of these products. Bundling films and sheeting are commonly used for packaging multiple food and beverage items together.
• In 2023, North America dominated the largest market with well-established trade and distribution networks that facilitate the efficient movement of goods. It also has a large and diverse consumer base with varied lifestyles. The demand for packaged goods, including bundled products, is driven by consumer preferences for convenience, portion control, and visually appealing packaging. This demand fuels the market for bundling films.
• The global key market players include Amcor PLC, Sabic, toyobo Co. Ltd, Jindal Polt Films, Oben Holding Group, Sealed Air Corporation, Berry Global Group, Inc., Dupont Teijin Films, Toray Industries, Inc., and others.

Polaris Market Research has segmented the bundling films and sheeting market report based on packaging type, materials, end-use, and region:

Bundling films and sheeting, Packaging Type Outlook (Revenue - USD Billion, 2019 - 2032)

• • Flexible Packaging
  • Rigid Packaging

Bundling films and sheeting, Material Outlook (Revenue - USD Billion, 2019 - 2032)

• • Polyethylene
  • Polyvinylidene chloride
  • Polypropylene
  • Polyvinyl chloride
  • Polyester
  • polyamide

Bundling films and sheeting, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)

• • Pharmaceuticals
  • Food and beverages
  • FMCG
  • Electronics
  • Personal care
  • Others

Bundling films and sheeting Regional Outlook (Revenue - USD Billion, 2019 - 2032)

•  
• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of APAC

Latin America

• Argentina
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa
• Rest of MEA

Bundling film and sheeting Market Report Scope