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Market Overview of Global Blown Film market:
According to our latest research, the global Blown Film market looks promising in the next 5 years. As of 2022, the global Blown Film market was estimated at USD 9243.12 million, and it's anticipated to reach USD 13363.2 million in 2028, with a CAGR of 6.34% during the forecast years.
Blown Film is a manufacturing process that produce films of plastic sheeting and tubes. The blown film process is used to produce a wide variety of products, from simple single-layer films for bags to very complex multi-layer structures for food packaging. Such as industrial packaging, shopping bags, garbage bags or plastic wrap, etc.
Blown film industry supply chain affected
During the COVID-19 outbreak, many countries have imposed controls on domestic transportation and movement of people, and imposed restrictions on imported and exported goods. This has resulted in varying degrees of logistical disruption, cargo accumulation and shipping delays. The supply chain of the blown film industry is affected. First of all, the procurement of raw materials in the blown film industry is blocked, and the production enterprises are faced with the problem of lack of labor and materials, thus hindering the production of enterprises. The second is the inability to send the goods to buyers, resulting in a backlog of inventory. At present, the global epidemic has been well controlled, and the logistics industries of various countries have resumed operations. The supply chain for the blown film industry has recovered.
Industrial automation will further develop
The epidemic will push the industry to automate production, reduce its reliance on labor, and better cope with labor fluctuations. At the same time, more and more attention will be paid to the intelligence of logistics and the enhancement of the supply chain's ability to resist risks.
Increasing the use of agricultural protective film in African agriculture
First, Africa's population is growing, and since 1967, Africa has been the fastest-growing continent. The annual population growth rate of the African continent is very high, and the population increases the demand for food. Increasing food demand and increasing emphasis on food productivity in the country will increase the demand for blown film, mainly due to the use of agricultural films that can reduce pests to a certain extent and improve the suitable temperature environment for agricultural production, thereby increasing the productivity of crops . In addition, blown film can help save scarce water resources and promote plant growth, resulting in greater agricultural yields at low cost. At present, the African market is a potential market for blown film, especially South Africa and other countries support agricultural development, which improves the development opportunities for the blown film industry.
The food and beverage industry uses a large amount of blown film
Blown film can be used as food and beverage packaging. With the development of the global economy and the improvement of people's living standards, the variety of food on the market has increased, and the demand for packaging has increased. Blown film can be used as packaging for baked goods, biscuits, cereals, snacks and other food products, and blown film can also be used as packaging for beverage products such as milk.
On the one hand, the food packaging materials of offline shopping brick-and-mortar stores are mainly plastic, such as food packaging bags for supermarket shopping. On the other hand, online purchase of snacks, fresh food and other food, food packaging and transportation packaging are also applied to blown film.
At present, food packaging in the global market mainly includes plastic, paper, metal, glass, etc., and plastic packaging materials account for a large proportion of the total amount of various packaging materials. For example, the European Association of the Plastics Recycling Industry (PRE) released a market report investigating the production, use and recycling of flexible plastic packaging in the EU. The study found that 15 trillion metric tons (Mt) of flexible films are placed on the EU market each year, with food packaging using the largest proportion of blown films. Therefore, the demand for packaging in the food and beverage industry drives the growth of the blown film industry.
Region Overview:
In 2022, the share of the Blown Film market in North America stood at 24.86%.
Company Overview:
Berry Global Group Inc. is one of the major players operating in the Blown Film market, holding a share of 10.2% in 2023.
Berry Global Group Inc.
Berry Global, Inc is a Fortune 500 global manufacturer and marketer of plastic packaging products. The company offers a variety of products including plastic consumer packaging, nonwoven specialty materials and engineered materials.
Coveris Holdings S.A.
Coveris is a leading European packaging company offering a wide range of product development packaging for food, pet food, medical devices, and industrial and agricultural products.
Segmentation Overview:
By type, 3-layers segment accounted for the largest share of market in 2022.
Application Overview:
The market's largest segment by application is the segment Food and Beverages, with a market share of 37.48% in 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Blown Film market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Blown Film Market Report:
Market Size Estimates: Blown Film market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Blown Film market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Blown Film market
Segment Market Analysis: Blown Film market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Blown Film market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Blown Film Market: Revenue and sales volume of major countries in each region
Blown Film Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Blown Film market in major regions.
Blown Film Industry Value Chain: Blown Film market raw materials & suppliers, manufacturing process, distributors, downstream customers
Blown Film Industry News, Policies & Regulations
Key players in the global Blown Film market are covered in Chapter 12:
Scientex Berhad
Charter NEX Films
Coveris Holdings S.A.
RKW Group
Proampac LLC
Borealis AG
Loparex LLC
Siva Group
Balcan Plastic
Huangshan Novel Co., Ltd.
Berry Global Group Inc.
Winpak Ltd.
Ultimate Flexipack Limited
Korozo Ambalaj San.ve Tic A.S.
In Chapter 2 and Chapter 15.1, based on types, the Blown Film market from 2018 to 2028 is primarily split into:
2-layers
3-layers
5-layers
7-layers
9-layers
Others
In Chapter 3 and Chapter 15.2, based on applications, the Blown Film market from 2018 to 2028 covers:
Electronics
Textiles
Food and Beverages
Pharmaceuticals
Consumer Goods
Agriculture
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Blown Film market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028