Packaging Sheets Plastic Sheets, Foils and Films Market Grows by 3.7 % per Year
The demand for sheets, foils and films of plastic still grows, fueled by the emerging markets of Asia and South America: By 2020, a total of 71 million tons of plastic sheets could be sold worldwide, a new report by Ceresana indicates...
While markets in Europe and North America are basically saturated, especially China and India fire the imaginations of the plastics industry: Both countries already account for one third of the global plastic foils consumption. Given the trend to convenience food and new packaging solutions, the global demand for plastic foils could grow by 3.7 percent per year, Ceresana says.
Most of these foils is made from poly–ethylene (around 73 percent of the global plastic foils production), but new developments, such as BOPP-sheets (Biaxial Oriented Polypropylene Films) grow rapidly.