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Easy Peel Film Market - By Product (High-Density Polyethylene, Linear Low-Density Polyethylene, Polyethylene Terephthalate), By Application (Food Packaging, Industrial Application, Pharmaceuticals, Household Products) & Forecast, 2024 – 2032

  • Report ID: GMI6697
  • Published Date: Sep 2023
  • Report Format: PDF

Easy Peel Film Market Size

Easy Peel Film Market was valued at 77.15 billion in 2023 and is anticipated to grow at a CAGR of 6.5% between 2024 and 2032. Easy peel films provide a user-friendly packaging solution that allows consumers to open packages quickly and easily without the need for additional tools. The convenience of easy peel films saves time for consumers, making them a preferred choice for busy individuals and on-the-go consumption.
 

Easy Peel Film Market

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Easy peel films are particularly beneficial for elderly individuals or those with limited dexterity, making packaging more accessible to a wider demographic. Packaging with easy peel films can help reduce food waste as it enables consumers to easily access and use the entire contents of the package.
 

Choosing the right materials for easy peel films is crucial. The films need to provide easy opening while maintaining barrier properties, shelf life, and product protection. Ensuring that easy peel films work seamlessly with various packaging equipment and machinery can be a challenge, impacting production efficiency. While easy peel films enhance consumer convenience, maintaining the freshness and integrity of the packaged products is paramount. Thus, the risks associated with Easy peel film may drive down the acceptance rate, further hampering the business growth.
 

COVID-19 Impact

During lockdowns and periods of restricted movement, there was a significant increase in online shopping and home-cooking. This change in consumer behavior led to higher demand for packaged foods with easy peel films, as they offer convenience and minimize the need for direct contact with food. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is anticipated to drive the easy peel film industry growth in the upcoming years.
 

Easy peel film Market Trends

Consumers are increasingly seeking packaging solutions that offer convenience, ease of use, and a positive unboxing experience. Easy peel films address this trend by providing hassle-free opening mechanisms. With the growth of e-commerce, packaging solutions that ensure product protection during shipping and a seamless unboxing experience have gained importance. Easy peel films play a role in enhancing the convenience of online shopping. Sustainability is a major focus across industries. Easy peel film manufacturers are exploring eco-friendly materials and production methods to align with the demand for sustainable packaging options.
 

Easy peel film Market Analysis

Easy Peel Film Market Size, By Product, 2021 - 2032 (USD Billion)
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Based on product, the easy peel film market is segmented as high-density polyethylene (HDPE), linear low-density polyethylene (LDPE), polyethylene terephthalate, Others. high density polyethylene held a majority market value of over USD 29 billion in 2022. PE films are highly versatile and can be used for a wide range of products, contributing to their demand.
 

Easy Peel Film Market Revenue Share, By Application, (2022)
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Based on application, the market is segmented as Food Packaging, Industrial Application, Pharmaceuticals, Household Products, Others. Food Packaging held a dominant easy peel film market share of over 40% in 2022 and is expected to grow at a lucrative pace till 2032. Easy peel films provide consumers with convenient access to packaged food products, enhancing the overall eating experience.
 

U.S. Easy Peel Film Market Size, 2020- 2032 (USD Billion)
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U.S. dominated the North American region with majority easy peel film market share and a revenue of over USD 16 Billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. North American consumers highly value convenience in packaging. Easy peel films align with this culture by providing user-friendly, hassle-free opening mechanisms.
 

Easy peel film Market Share

Some of the major business players operating in the easy peel film market are:

  • Bemis Company
  •  Uflex Ltd
  • Mondi Group
  •  Sealed Air Corporation
  •  Coveris Holdings S.A.
  •  Berry Global Group
  •  Winpak Ltd
  • Cosmo Films Ltd
  • Toray Plastics (America), Inc
  • Mitsubishi Chemical Holdings Corporation
  •  Flex Films
  •  Taghleef Industries Group
  •  Terphane LLC
  •  Klöckner Pentaplast Group
  •  Constantia Flexibles Group

 These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

 

Easy peel film Industry News:

  • In 2023, Mondi Group announced the launch of Specialised Laminating Films which can be tailored to specific requirements with high convenience for end-use customers.
     

Easy peel film market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments:

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By Product

  • High-Density Polyethylene (HDPE)
  • Linear Low-Density Polyethylene (LDPE)
  • Polyethylene Terephthalate (PET)
  • Others

By Application

  • Food Packaging
  • Industrial Application
  • Pharmaceuticals
  • Household Products
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Indonesia
    • Malaysia 
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Egypt

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size for easy peel film was worth USD 77.15 billion in 2023 and is estimated to reach USD 135.99 billion by 2032 as these films provide a user-friendly packaging solution that allows consumers to open packages quickly and easily without the need for additional tools.
Food packaging segment held a market share of over 40% in 2022 and is expected to grow at a lucrative pace through 2032 as easy peel films provide consumers with convenient access to packaged food products, enhancing the overall eating experience.
The U.S. market was worth over USD 16 billion in 2022 and is anticipated to expand at a significant pace from 2023 to 2032, owing to the ability of easy peel films to provide user-friendly, hassle-free opening mechanisms.
Coveris Holdings S.A., Berry Global Group, Inc., Winpak Ltd., Cosmo Films Ltd., Toray Plastics (America), Inc., Mitsubishi Chemical Holdings Corporation, Flex Films, Taghleef Industries Group, Terphane LLC, Klöckner Pentaplast Group, and Constantia Flexibles Group among others.

Easy Peel Film Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 137
  • Countries covered: 21
  • Pages: 150
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