Global Packaging Films Market is Expected to Generate USD 242.3 Million by 2035: Future Market Insights, Inc.

Packaging Films Market

The global packaging films market is on a steady growth trajectory, driven by evolving consumer preferences, technological advancements, and rising demand across multiple industries. Estimated at USD 162.1 million in 2025, the market is projected to grow to USD 242.3 million by 2035, recording a CAGR of 4.1% during the forecast period.

Revenue generation of USD 155.7 million in 2024 points to a consistent growth momentum and strong demand outlook across sectors like food & beverage, pharmaceuticals, consumer electronics, and personal care.

At their core, packaging films are thin plastic or bioplastic sheets used to wrap, seal, or protect a product. They serve as barriers against moisture, air, light, and contaminants, enhancing shelf life while improving product aesthetics. Common materials used include polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), and increasingly, biodegradable alternatives.

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These films are essential in flexible packaging formats, enabling convenience, portability, and customization. From vacuum-sealed meats to resealable snack packs and sterile pharmaceutical pouches, packaging films are silently revolutionizing how products are delivered and consumed.

Growing Relevance of Packaging Films Across Diverse Industries

The packaging films market is no longer limited to just protecting goods—it now plays a vital role in branding, consumer convenience, sustainability, and shelf-life extension. Food and beverage remains the largest contributor to the market’s growth, but emerging applications in electronics, healthcare, and personal care are reshaping demand dynamics.

With growing e-commerce and retail sectors, there’s increasing emphasis on durability, visual appeal, and sustainability—features that modern packaging films are engineered to offer.

Key Takeaways from the Packaging Films Market

  • The global packaging films market recorded a CAGR of 3.2% between 2020 and 2024.
  • By 2024, the market reached a valuation of USD 155.7 million, reflecting consistent growth.
  • The U.S. market is projected to grow at a CAGR of 3% through 2035.
  • Spain is expected to lead in Europe with a projected CAGR of 3.7% by 2035.
  • Bags and sacks are anticipated to dominate the segment by 2025, accounting for over 35% of market share.
  • Polyethylene is estimated to hold 42% of the total packaging films market share by 2025.

Food Packaging: The Dominant Application Driving Demand

A major force behind the rising adoption of packaging films is the food packaging segment. The shift toward ready-to-eat meals, frozen foods, and on-the-go snacks has heightened the need for high-performance films that ensure extended shelf life, contamination resistance, and visual appeal.

Packaging films such as polyethylene (PE), polypropylene (PP), and polyethylene terephthalate (PET) are widely used due to their transparency, flexibility, and excellent sealing capabilities. Additionally, multi-layer films with enhanced oxygen and moisture barrier properties are enabling food brands to preserve product freshness while reducing waste.

Shift Toward Biodegradable and Sustainable Film Solutions

One of the most defining trends in the packaging films market is the rise of eco-conscious packaging. Amid growing environmental concerns and stringent global regulations, manufacturers are embracing biodegradable films, recyclable polymers, and compostable alternatives.

Materials such as polylactic acid (PLA) and cellulose-based films are gaining traction as brands strive to meet consumer demand for sustainable packaging without compromising functionality.

Technological Advancements Enhancing Film Performance

Modern packaging films are evolving rapidly due to technological innovation. Films today come with advanced barrier properties, UV resistance, anti-fog characteristics, and active packaging features that help maintain product integrity. Nanotechnology, co-extrusion techniques, and smart packaging elements are being incorporated to create films that can extend shelf life, detect spoilage, or change color upon temperature shifts.

Packaging Films Market

Key Company Offerings and Activities

  • Amcor PLC – Produces high-barrier, recyclable, and biodegradable packaging films, with a focus on food safety and shelf-life extension.
  • Berry Global Group – Specializes in customized flexible packaging films, including stretch, shrink, and multilayer barrier films for various industries.
  • Sealed Air Corporation – Develops vacuum-sealed, active, and smart packaging films that help in preserving freshness and reducing food waste.
  • Mondi Group – Offers eco-friendly and sustainable flexible packaging films, including compostable and paper-based laminates.
  • Coveris Holdings S.A. – Manufactures lightweight, high-performance packaging films, emphasizing cost efficiency and recyclability.

Packaging Films Market Segmentation

By Material Type:

By material type, market divided into polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), polyvinyl chloride (PVC), polyamide (PA), ethyl vinyl alcohol (EVOH), polyvinylidene chloride (PVDC), bioplastics, and others.

By Product Type:

By product type, market divided into Pouches, Bags & Sacks, Tubes, Liners, Sachets & Stick Packs, Tapes & Labels, Wraps/Rolls.

By End Use:

By end use, market divided into food, beverages, homecare products, personal care products, healthcare products, electronics & electrical, other industrial goods. Food further divided into meat, seafood, and poultry; ready to eat meals; dairy products; bakery and confectionery; other food products.

By Region:

Key Countries of North America, Latin America, East Asia, South Asia & Pacific, Western Europe, Eastern Europe and Middle East & Africa are covered.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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