Throughout: the plastic film and sheet market demand is considerable

Well-known market research firm Markets & Markets recently published a report saying that the market demand for plastic film and sheet products has increased year by year in recent years , and its development prospects will be very promising. The data shows that the total consumption of plastic film and sheet in the world in 2013 was 59.9 million tons. This value is expected to increase to 70.90 million tons in 2018, and its compound annual growth rate will reach 3.4% in the next four years.

At present, plastic films and sheets have become an indispensable part of the overall social development. With the growth of the global population and the continuous increase in per capita income of residents, the application of plastic film and sheet in the field of packaging and non-packaging is expanding.

In terms of applications, plastic films and plastic sheets are widely used in food, pharmaceutical, personal care, industrial and other fields. Among them, food packaging has become the main driving force for the rapid development of the global plastic film and sheet industry. Today, as the pace of modernization continues to accelerate, plastic films are widely used as flexible raw materials in flexible packaging. In the non-packaging sector, plastic films and sheets are popular in industries such as agriculture, construction, healthcare, and consumer durables.

Geographically, Asia Pacific is currently the world's largest market for plastic film and sheet, controlling more than 30% of the market. According to the report, the growing middle class in China and India has further pushed up the market for plastic film and sheet in the region. The report also pointed out that in recent years, the demand for plastic film and plastic sheets in many developed countries in Europe and North America has slowed down.

Markets &Markets chief market analysts said that the increasing demand for packaged foods and pharmaceuticals in China, India, Turkey, Poland, Brazil, Mexico and other countries has greatly driven the development of the global plastic film and sheet market.