The market chooses PE films for the flexible packaging material | Hryzn
🎉 Become an investor in Hryzn while you still can! Click here to get the details and invest now for a limited time only! ⏰
@Technologia

The market chooses PE films for the flexible packaging material

10/25/2021

Polyethylene films are the most widely used material all over the world. They have a wide range of applications extending from shopping bags to packaging industry. Due to its low welding temperature and technological properties, polyethylene film is considered the most versatile material for packaging. It is used both independently and as a welded layer of combined materials.

In 2019, the globalpolyethylene films market reached $82.7 billion and is projected to reach $117.3 billion by 2028, with a compound annual growth rate of 4.5% from 2021 to 2028.

According to IndustryARC ™, North America dominates the polyethylene film market with a market share of over 45.23%. This is followed by the countries of the Asia-Pacific region and Europe. North America is leading due to the growth in the number of beverage manufacturers and key players presence in the market. In the United States, consumers prefer polyethylene films packaging that is lightweight and aesthetically looking. It also contributes to the growth in the rate of production of this material.


Key players in the global polyethylene films market:

  • North America: USA, Canada, Mexico;
  • Europe: Germany, Great Britain, France, Italy, Spain;
  • Asia-Pacific region: China, Japan, India, South Korea;
  • Latin America, Middle East, and Africa: Brazil, Turkey, Saudi Arabia.

Considering the situation in Ukraine, we can conclude that the local polyethylene films market is dependent on imports of raw materials. According to Pro-consulting, in 2019 there was a decrease in the capacity of the PE film market by 2%. The decline occurred in all segments. The decrease in exports compensated the decline in production and imports, thus the domestic market itself did not face significant changes.

TECHNOLOGIA JSC specializes in the production of polyethylene films for flexible packaging and is one of the top 5 leaders in Ukraine, producing up to 7.5 thousand tons of film per year. We are a full-cycle production and produce films both for internal use and for sale at the client’s request.

The main advantages of the film made by extrusion technology: minimum thickness difference, high physical and mechanical characteristics, optimal coefficient of friction, no sagging and roughness. In the first place, the demand for such material is determined by packaging for food and beverages, as well as household chemicals and medical products.



×

Polyethylene films are the most widely used material all over the world. They have a wide range of applications extending from shopping bags to packaging industry. Due to its low welding temperature and technological properties, polyethylene film is considered the most versatile material for packaging.

Go to Site
×