Global plastic film usage is increasing, with an annual growth rate of over 3% in 2015 and demand reaching 59 million tonnes. This is forecast to accelerate to almost 6% and reach more than 61 million tonnes in 2016, with forecast to hit 73 million tonnes by 2021 (CAGR of 3.65% for 2016-21). With increased focus on fuel efficiency and lightweighting, plastic films compare favourably with the conventional alternative materials such as glass and paper, which are almost always heavier.
The Future of Global Plastic Films to 2021 provides market and technology analysis, and strategic forecasts for plastic films, sizing the market by technology type, end use, and geography. The report provides historical data, current market estimates, and five-year forecasts to 2021.