Europe and North America reclosable films market is expected to account for more than 64% of the market share in the global reclosable films market, in terms of value.
Albany, NY -- (SBWIRE) -- 08/15/2018 -- The latest discussions on the global market for butane gas cartridges can be found in a recently added research report on the Market Research Hub (MRH) vast database, titled as "Reclosable Films Market - Global Industry, Size, Share, Growth, Trends and Forecast 2018 – 2026". This 256-pages gathers all valuable data relevant directly to the use of reclosable films and how the market is expected to fare in the coming years. Also, the study is very useful for the readers who wish to understand its market dynamics as it analyzes and forecasts the market from 2018 to 2026 by sharing key insights for new entrants and existing players.
Presently, manufacturers of food packaging are catering to the demand of the consumers by providing multi-align closures that offer consumer convenience, easy re-sealing and flexibility. It has been analyzed that demand for reclosable films in the past few years has increased rapidly, resulting in the consumption of flexible reclosable packaging solutions. Reclosable films are one such packaging product which has evolved to cater to the food industry, personal care & home care, pharmaceuticals and other industry. According to the study findings, the demand for reclosable films is expected to grow during the forecast period due to its re-closability feature.
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The study further evaluates that global reclosable films market is projected to be worth more than US$ 130 Mn by the end of the forecast period and it will expand at a remarkable CAGR of 7.8% during the forecast period. In order to provide a comprehensive view of the market, the study throws light on major regions, such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Analyst projects that Europe and North America North America are the two prominent regions in the market.
As the research proceeds, the market has been segmented on the basis of material type, end-use, peel strength, thickness and packaging type. By material type, the study covers polyethylene, polyethylene terephthalate, polypropylene, pressure sensitive adhesives and others. On the basis of peel strength, the study covers easy peel films and medium peel films. In reclosable packaging formats such as trays, cups, and bags & pouches, consumer convenience is kept at the epicenter. Among packaging type, trays segment is expected to account for the highest market share in the global reclosable films market during the forecast period owing to ease in opening and reclosing.
This report also highlights an important section which covers detailed competitive landscape by profiling major market leaders. They are Mitsui Chemicals, Inc., Coveris Holdings S.A., Schur Flexibles Holding GesmbH, DowDuPont Inc., Korozo Ambalaj Sanayi Ve Ticaret AS, Industria Termoplastica Pavese SpA, Plastopil Hazorea Company Ltd, Berry Global Group, Inc., AS Estiko Plastar, Stratex Group Limited, Parkside Flexibles (Europe) Limited, TCL Packaging Ltd, Buergofol GmbH, Bemis Company, Inc., Sealed Air Corporation, Südpack Verpackungen GmbH + Co. KG, Termoplast srl, HFM Packaging, Ltd., Folian GmbH, and Winpak Ltd.
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