The global solid white films market is poised for steady growth over the next decade, with market size estimated to be valued at USD 2,808.3 million in 2024 and projected to reach USD 3,848.1 million by 2034. According to a recent market analysis, sales of solid white films are expected to rise at a CAGR of 3.2% from 2024 to 2034. The revenue generated by solid white films in 2023 was USD 2,723.9 million, indicating steady growth in the sector.
Solid white films with a thickness range of 0.1 to 0.5 mm are a dominant choice across various industries, particularly in food, medical, cosmetics, and personal care sectors.
These films are projected to capture 45.2% of the market share in 2024 due to their optimal balance of flexibility and strength, cost-effectiveness, and compatibility with automated packaging machinery. Their lightweight nature makes them ideal for packaging a wide range of products, making them indispensable for end-use industries.
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In terms of packaging applications, multilayered packaging trays made from solid white films have gained significant traction, accounting for a 44.1% share of the market in 2024. These trays offer an effective barrier against external contaminants, ensuring product safety and preservation during storage and transportation. As demand for secure and reliable packaging solutions rises, the use of solid white films in tray manufacturing is set to expand further.
Various materials are used to manufacture solid white films, with BOPP (biaxially oriented polypropylene) emerging as the dominant material in the market. Its strength, clarity, and versatility have made BOPP a preferred choice for packaging in diverse industries, and it is expected to continue its dominance in the materials segment in the coming years.
As the demand for innovative and sustainable packaging solutions grows, solid white films are set to play a crucial role across industries. The market’s expansion reflects the increasing need for reliable, high-performance materials that meet the evolving demands of modern packaging.
Key Takeaways: Solid White Films Market
- The global solid white films market recorded a CAGR of 2.3% between 2019 and 2023.
- The USA market is projected to grow at a CAGR of 2.8% during the forecast period.
- India is expected to experience a CAGR of 3.8% by 2034, leading growth in the South Asia and Pacific region.
- China is forecasted to record the highest growth in East Asia, with a CAGR of 3.9% by 2034.
- Trays are anticipated to account for 44.1% of the market share by packaging type by 2034.
- The food packaging segment is projected to dominate the market, holding a 42.6% share by the end of 2034.
Competitive Landscape
Leading companies in the solid white films are creating and introducing new goods to the market. They are expanding their geographic reach and merging with other companies. Few of them are also working together to develop new products in partnerships with start-up businesses and regional brands.
Key Developments in Solid White Films Market
- In May 2024, Uflex Limited launched “B-UUB-M” Outstanding Barrier Metallized BOPP Film for various packaging structures.
- In December 2023, Cosmo Films introduced a new metallised electrical grade BOPP film to its product portfolio for capacitor manufacturing of multiple types of AC and DC capacitors.
Key Players in Solid White Films Market
- Cosmo Films
- Rowad Plastic Group
- JPFL Films Private Limited (B.C. Jindal group)
- Interni Film
- Süper Film Packaging Industry Inc. (Sanko Holding)
- ESTER INDUSTRIES LIMITED.
- Polyplex Corporation Limited.
- Toray Plastics (America), Inc.
- Taghleef Industries
- Copol International Ltd.
- Qingdao Cloud film Packaging materials Co., Ltd.
- Innovia Films (CCL Industries)
- UFlex Limited
- Nobelus
- Kaveri Metallising & Coating Ind. Private Limited
Solid White Films Market Segmentation
By Packaging Types:
Solid white films are used in different packaging types which include trays, blister packs, pouches, and labels.
By Thickness:
Solid white films are available in multiple thickness range such as less than 0.1 mm, 0.1 to 0.5 mm, and above 0.5 mm.
By Material:
Materials such as BOPP, BOPET and CPP are some of the major materials used for making solid white films.
By End Use:
End users related to solid white films market are food packaging, pharmaceutical, cosmetics, and industrial.
By Region:
Key countries of North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe, Middle East and Africa are covered.
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