Easy Peel Film Packaging Market 2018-2024; Growth Forecast & Industry Share Repor
Date: 2018-11-21   Author: Rahul Varpe  Category: #market

Easy Peel Film Packaging Market 2018-2024; Growth Forecast & Industry Share Repor

Global Market Insights, Inc. adds a new Easy Peel Film Packaging Market research report for the period of 2018-2024 focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

Global Easy Peel Film Packaging Market size is estimated to grow at a healthy CAGR in the forecast period. The market will be mainly driven by the unique product advantages over the traditional rigid lidding solutions which includes less space requirement for inventory storage, moisture-resistance, anti-fog properties, higher clarity for finest retail presentation, etc.

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Positive growth indicators in the food & beverage industry primarily in the Asia Pacific which is attributed to rapid population pace along with rising concerns to promote sustainability in the environment is likely to make noteworthy contribution to easy peel film packaging market size in the coming years. The product has been chiefly designed for container & tray packaging and is an excellent alternative to clamshell food containers and plastic rigid lids.

Product offers compatibility with containers which are made of HDPE, PP, PET, PVC and PS. These films act as a safety seal packaging that are detached from the product without leaving residues. Product also offer reliable re-closability which delivers easy functionality than sliders and zippers. Moreover, it leads to less carbon footprint during transportation compared to traditional rigid lid, offering benefits concerning sustainability and disposal, as well as energy and logistics.

Rising R&D investment for product development, mainly in the packaging industry to meet the rising demand is anticipated to propel easy peel film packaging market size in the coming years. Furthermore, persistent need to replace conventional rigid plastic lid owing to economical cost effective and environment friendly nature will further augment easy peel film packaging market size over the projected timeframe.

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Based on the product, the easy peel film packaging market is classified into stretch film, shrink film, metallized film and others which includes release films and holographic films.  Stretch films finds widespread applications across several end-user industries including food & beverage, industrial and medical to wrap items which are small and needed handy.

Based on the transparency, the easy peel film packaging market is divided into transparent and opaque. Transparent films are usually used in industrial and medical applications where as opaque are majorly used in food & beverage industry. Furthermore, based on application the easy peel film packaging market is segmented into: food & beverage, medical, industrial and others which includes air fresheners, deodorizers, washing detergents, wet wipes, etc.

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Significant easy peel film packaging market players are J-Film Corporation, Evonik Industries, Taipak Enterprises Ltd., The Dow Chemical Company, Zhangsu Packaging Material Ltd, Bemis Company Inc., Plastopil Flexible Pakaging Solutions, Mitsui Chemicals, Wonder Packagings, Sudpack Inc., Clear Lam Packaging, Inc., Tilak Polypack Pvt Ltd., Etimex Inc, Sealpac UK, Berry Global Inc., Danafilms Corp., Toray Plastics Inc., DuPont and The Platinum Package Group. The industry players have been implementing vast product development and technological applications to gain competitive edge. For instance, Bemis Company has developed EZ Peel Reseal packaging which eliminates need for labels with printable lidding and provides reclose convenience.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for AlgosOnline. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. ...

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