Sustainable films are made from biodegradable or compostable materials, which reduces the environmental impact of packaging waste. This helps to reduce plastic waste in landfills, oceans, and other ecosystems, while also reducing greenhouse gas emissions resulting from traditional plastic packaging. Sustainable films are also cost-effective and do not require additional investments to purchase equipment or change production lines. This makes them an attractive alternative for manufacturers looking for cost-efficient packaging options. The global sustainable films for packaging market size is projected to grow by USD 80.2 billion from 2023 to 2029, registering a CAGR of 7 percent, according to the latest market data.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global sustainable films for packaging market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the material, application, and region. The global market for sustainable films for packaging can be segmented by material: polypropylene (PP), polyethylene (PE), polyethylene, terephthalate (PET), others. The polyethylene (PE) segment captured the largest share of the market in 2022. Sustainable films for packaging market is further segmented by application: food and beverage, pharmaceuticals consumer goods, personal care, consumer electronics, others. The food and beverage segment held the largest share of the global sustainable films for packaging market in 2022 and is anticipated to hold its share during the forecast period. Based on region, the sustainable films for packaging market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. In 2022, Asia-Pacific made up the largest share of revenue generated by the sustainable films for packaging market.

Market Segmentation
By material: polypropylene (PP), polyethylene (PE), polyethylene, terephthalate (PET), others
By application: food and beverage, pharmaceuticals consumer goods, personal care, consumer electronics, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The global sustainable films for packaging market report offers detailed information on several market vendors, including Amcor plc, Berry Global Inc, Mondi plc, ProAmpac LLC, Sealed Air Corporation, Toray Advanced Films Co., Ltd., Uflex Limited, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global sustainable films for packaging market.
• To classify and forecast the global sustainable films for packaging market based on material, application, region.
• To identify drivers and challenges for the global sustainable films for packaging market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global sustainable films for packaging market.
• To identify and analyze the profile of leading players operating in the global sustainable films for packaging market.

Why Choose This Report
• Gain a reliable outlook of the global sustainable films for packaging market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.