세계의 LDPE 및 LLDPE 실란트 웹 필름 시장(2023-2030년)

Market Overview

The Global LDPE and LLDPE Sealant Web Film Market reached US$ 320.4 million in 2022 and is expected to reach US$ 473.3 million by 2030, growing with a CAGR of 5.0% during the forecast period 2023-2030.

The expansion in the application of flexible packaging solutions will be a key driver for the global LDPE and LLDPE sealant web film market. Various industries, including food and beverages, pharmaceuticals, personal care and household products are recording growing demand for flexible packaging. LLDPE sealant web films are an ideal flexible packaging solution due to their tough mechanical properties and economical cost.

Companies expanding research and development of recycled resins to improve sustainability in the packaging industry. For example, in January 2023, Avangard Innovative, a U.S.-based company specializing in recycled polymers, announced that it had received a no-objection certificate from the U.S. Food And Drug Administration (USFDA), for the use of its 100% recycled LLDPE resin in food contact packaging applications.

Market Dynamics

Increasing Applications in Medical and Healthcare Industries

LDPE and LLDPE sealant web films are extensively used for sterile medical device packaging. The films provide a protective barrier that helps maintain the sterility of medical devices until they are used. The film's excellent moisture resistance, sealability and compatibility with sterilization methods such as gamma radiation or ethylene oxide make them ideal for packaging applications in medical and healthcare settings.

LDPE and LLDPE sealant web films are utilized for packaging various hospital supplies, including gloves, masks, gowns and surgical kits. The films provide protection from contaminants and help maintain the sterility and cleanliness of the supplies until they are used. The film's compatibility with sterilization processes and its ability to create a secure and tamper-evident packaging environment.

Furthermore, LDPE and LLDPE sealant web films are being used in pharmaceutical packaging for products such as tablets, capsules and powders. The films offer properties like moisture resistance, chemical inertness and excellent barrier properties, which help protect pharmaceutical products from moisture, light and oxygen. The expansion of potential applications in medical and healthcare industries is driving the demand for LDPE and LLDPE sealant web films over the medium and long term.

Increasing Urbanization of Emerging Economies

Many emerging economies, especially those in Asia-Pacific, are experiencing high economic growth rates, which is leading to rapid urbanization. Urbanization is accompanied by a rise in population density and an expanding consumer base in urban areas. As more people migrate to cities and towns, the demand for packaged goods, including food, beverages, personal care items and household products, increases significantly. LDPE and LLDPE sealant web films are widely used in the packaging of these consumer products, making them essential components in catering to the growing urban population's packaging needs.

Furthermore, urbanization often brings about the development and expansion of the retail sector. As cities grow and economies flourish, there is an increase in the number of supermarkets, hypermarkets, convenience stores and retail chains. The establishments rely heavily on efficient and cost-effective packaging solutions to display and protect their products. LDPE and LLDPE sealant web films provide versatile packaging options, ensuring product integrity, shelf appeal and consumer convenience.

Volatility in Raw Material Prices

LDPE and LLDPE sealant web films are primarily produced using ethylene, a key raw material derived from crude oil or natural gas. The prices of these raw materials are subject to market dynamics, geopolitical factors, supply-demand imbalances and global economic conditions. Crude oil prices have been particularly volatile in the last year, mainly due to the Ukraine-Russia war and the sanctions imposed on Russia. Fluctuating raw material costs directly impact the production costs of LDPE and LLDPE sealant web films

Volatility in raw material prices can squeeze profit margins for LDPE and LLDPE sealant web film manufacturers. When the cost of raw materials increases rapidly, manufacturers may struggle to pass on the cost escalation to customers in the form of higher prices. It can lead to reduced profitability and financial constraints, restraining investment in research, development and capacity expansion.

The volatility in raw material prices can impact the pricing competitiveness of LDPE and LLDPE sealant web films compared to alternative packaging materials. If the raw material prices for LDPE and LLDPE increase significantly, the cost advantage of these films may diminish, making them less attractive to customers who have options to choose from other packaging materials or technologies. It can result in a loss of market share to alternative packaging solutions.

COVID-19 Impact Analysis

The COVID-19 pandemic resulted in significant shifts in consumer behavior, including a preference for online shopping and home delivery services. It led to a surge in e-commerce activities, driving the need for efficient packaging solutions for products purchased online. LDPE and LLDPE sealant web films played a vital role in ensuring the safe delivery of goods to consumers, contributing to their increased demand.

The pandemic created a surge in demand for pharmaceutical products such as vaccines, medications and medical supplies. LDPE and LLDPE sealant web films were widely used in packaging and preserving the integrity of various critical healthcare items. The demand for these films surged due to the increased production and distribution of pharmaceutical products globally. The growing demand from crucial sectors such as e-commerce and food and beverage industries will be instrumental in the recovery of the global market in the post-pandemic period.

Ukraine-Russia War Impact Analysis

Europe experienced a major increase in energy prices in the wake of the Ukraine-Russia conflict. The increase in energy prices was primarily attributed to the disruption of energy supplies from Russia. However, despite the replacement of Russian energy sources with alternative supplies, energy prices have remained high. It has significantly eroded the competitiveness of European packaging film manufacturers.

Consequently, many end-user industries, including e-commerce, food and beverage and pharmaceuticals have raised their prices to account for increased packaging costs. It has led some end-users to import cheaper alternatives from Asian manufacturers, due to their low cost of production. The conflict has presented Asian manufacturers with a unique opportunity to expand to new regions.

Segment Analysis

The global LDPE and LLDPE sealant web film market is segmented based on material, thickness, product, end-user and region.

Superior Properties Make LLDPE the Most Widely Preferred Material

LLDPE exhibits improved mechanical properties compared to LDPE. It has higher tensile strength, puncture resistance and tear resistance, making it better suited for applications that require higher strength and durability. The properties make LLDPE sealant web films more robust and resistant to damage during transportation and handling.

LLDPE offers excellent sealability, which is crucial for sealant web films. It forms strong and secure seals, ensuring the integrity and protection of packaged products. The improved sealability of LLDPE films helps prevent leakage, contamination and tampering, making it a preferred choice for applications where a reliable seal is required, such as e-commerce, food and pharmaceutical packaging.

Geographical Analysis

New Technological Advancements to Propel Market Growth in North America

The North American market accounts for nearly a third of the global market. North America has a mature packaging industry, driven by well-established consumer markets and advanced manufacturing capabilities. LDPE and LLDPE sealant web films are widely used in various packaging applications, including food and beverages, pharmaceuticals, personal care products and industrial goods.

North America is at the forefront of technological advancements in the packaging industry, including LDPE and LLDPE sealant web films. Manufacturers invest in research and development to enhance film properties, such as barrier performance, sealability and customization options. In October 2022, Exxon Mobil Corporation, a U.S.-based multinational energy company, unveiled its range of recycled LDPE and LLDPE resins at the K 2022 expo.

Technological advancements cater to the evolving needs of industries like food and beverages, pharmaceuticals and e-commerce. For instance, in June 2023, Viking Masek Viking Masek Packaging Technologies and Viking Masek Robotics & Automation, two U.S. based companies specializing in industrial automation, announced a partnership to design and deploy new packaging automation solutions.

Competitive Landscape

The major global players include: Berry Global, Inc, Bemis Company, Inc., Jindal Poly Films, Mitsui Chemicals, Inc., Dow, PLASTIC SUPPLIERS, INC., WINPAK LTD., Polifilm GmbH, Avery Dennison and DIC CORPORATION.

Why Purchase the Report?

• To visualize the global LDPE and LLDPE sealant web film market segmentation based on material, thickness, product, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of LDPE and LLDPE sealant web film market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global LDPE and LLDPE sealant web film market report would provide approximately 64 tables, 70 figures and 205 Pages.

Target Audience 2023

• Web Film Manufacturers
• End-User Industries
• Industry Investors/Investment Bankers
• Research Professionals

Table of Contents

1. Methodology and Scope

• 1.1. Research Methodology
• 1.2. Research Objective and Scope of the Report

2. Definition and Overview

3. Executive Summary

• 3.1. Snippet by Material
• 3.2. Snippet by Thickness
• 3.3. Snippet by Product
• 3.4. Snippet by End-User
• 3.5. Snippet by Region

4. Dynamics

• 4.1. Impacting Factors
  • 4.1.1. Drivers
    • 4.1.1.1. Growth in E-Commerce and Last-Mile Delivery Services
    • 4.1.1.2. Advancements in Film Technology
    • 4.1.1.3. Increasing Applications in Medical and Healthcare Industries
    • 4.1.1.4. Increasing Urbanization of Emerging Economies
  • 4.1.2. Restraints
    • 4.1.2.1. Availability of Alternative Packaging Solutions
    • 4.1.2.2. Volatility in Raw Material Prices
  • 4.1.3. Opportunity
  • 4.1.4. Impact Analysis

5. Industry Analysis

• 5.1. Porter's Five Force Analysis
• 5.2. Supply Chain Analysis
• 5.3. Pricing Analysis
• 5.4. Regulatory Analysis

6. COVID-19 Analysis

• 6.1. Analysis of COVID-19
  • 6.1.1. Scenario Before COVID
  • 6.1.2. Scenario During COVID
  • 6.1.3. Scenario Post COVID
• 6.2. Pricing Dynamics Amid COVID-19
• 6.3. Demand-Supply Spectrum
• 6.4. Government Initiatives Related to the Market During Pandemic
• 6.5. Manufacturers Strategic Initiatives
• 6.6. Conclusion

7. By Material

• 7.1. Introduction
  • 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
  • 7.1.2. Market Attractiveness Index, By Material
• 7.2. LDPE*
  • 7.2.1. Introduction
  • 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
• 7.3. LLDPE

8. By Thickness

• 8.1. Introduction
  • 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Thickness
  • 8.1.2. Market Attractiveness Index, By Thickness
• 8.2. Up to 45 Micron*
  • 8.2.1. Introduction
  • 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
• 8.3. 45 to 60 Micron
• 8.4. Above 60 Micron

9. By Product

• 9.1. Introduction
  • 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
  • 9.1.2. Market Attractiveness Index, By Product
• 9.2. Flat Pouches*
  • 9.2.1. Introduction
  • 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
• 9.3. Standup Pouches
• 9.4. Bags & Others

10. By End-User

• 10.1. Introduction
  • 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 10.1.2. Market Attractiveness Index, By End-User
• 10.2. Food & Beverage*
  • 10.2.1. Introduction
  • 10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
• 10.3. Cosmetics & Personal Care
• 10.4. Pharmaceuticals
• 10.5. Home-care Products
• 10.6. Electrical & Electronics
• 10.7. Textiles
• 10.8. Others

11. By Region

• 11.1. Introduction
  • 11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
  • 11.1.2. Market Attractiveness Index, By Region
• 11.2. North America
  • 11.2.1. Introduction
  • 11.2.2. Key Region-Specific Dynamics
  • 11.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
  • 11.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Thickness
  • 11.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
  • 11.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 11.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 11.2.7.1. The U.S.
    • 11.2.7.2. Canada
    • 11.2.7.3. Mexico
• 11.3. Europe
  • 11.3.1. Introduction
  • 11.3.2. Key Region-Specific Dynamics
  • 11.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
  • 11.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Thickness
  • 11.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
  • 11.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 11.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 11.3.7.1. Germany
    • 11.3.7.2. The UK
    • 11.3.7.3. France
    • 11.3.7.4. Italy
    • 11.3.7.5. Spain
    • 11.3.7.6. Rest of Europe
• 11.4. South America
  • 11.4.1. Introduction
  • 11.4.2. Key Region-Specific Dynamics
  • 11.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
  • 11.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Thickness
  • 11.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
  • 11.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 11.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 11.4.7.1. Brazil
    • 11.4.7.2. Argentina
    • 11.4.7.3. Rest of South America
• 11.5. Asia-Pacific
  • 11.5.1. Introduction
  • 11.5.2. Key Region-Specific Dynamics
  • 11.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
  • 11.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Thickness
  • 11.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
  • 11.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 11.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 11.5.7.1. China
    • 11.5.7.2. India
    • 11.5.7.3. Japan
    • 11.5.7.4. Australia
    • 11.5.7.5. Rest of Asia-Pacific
• 11.6. Middle East and Africa
  • 11.6.1. Introduction
  • 11.6.2. Key Region-Specific Dynamics
  • 11.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
  • 11.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Thickness
  • 11.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
  • 11.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User

12. Competitive Landscape

• 12.1. Competitive Scenario
• 12.2. Market Positioning/Share Analysis
• 12.3. Mergers and Acquisitions Analysis

13. Company Profiles

• 13.1. Berry Global, Inc.*
  • 13.1.1. Company Overview
  • 13.1.2. Material Portfolio and Description
  • 13.1.3. Financial Overview
  • 13.1.4. Recent Developments
• 13.2. Bemis Company, Inc.
• 13.3. Jindal Poly Films
• 13.4. Mitsui Chemicals, Inc.
• 13.5. Dow
• 13.6. PLASTIC SUPPLIERS, INC.
• 13.7. WINPAK LTD.
• 13.8. Polifilm GmbH
• 13.9. Avery Dennison
• 13.10. DIC CORPORATION

LIST NOT EXHAUSTIVE

14. Appendix

• 14.1. About Us and Services
• 14.2. Contact Us