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 global polyethylene 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:
The food industry is the largest end-user of polyethylene films. The market growth is due to the growing demand of packaging for ready-to-eat products, a variety of snacks, frozen foods, and mixtures. The segment is projected to grow at a CAGR of 4.8% by 2028. For agriculture, this ratio is 4.5%.
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.
The main spheres of application of the film produced by TECHNOLOGIA JSC:
Depending on the wishes and needs of the customer, we offer individual technical characteristics of the film: the ability to produce films with a thickness of 20 to 200 microns and a width of up to 2600 mm using 3-layer and 5-layer extrusion equipment. The film can be both transparent and colored.
According to a Harris Poll survey about flexible packaging, 83% of brand owners are already using flexible packaging.
Strive to keep up with the times? Contact our specialists in any way convenient for you, and they will help you choose the best material for your product.