Asia Pacific Plastic Films And Sheets Market Size & Outlook
Asia Pacific plastic films and sheets market, 2019-2030 (US$M)
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Asia Pacific plastic films and sheets market highlights
- The Asia Pacific plastic films and sheets market generated a revenue of USD 24,569.2 million in 2022.
- The market is expected to grow at a CAGR of 5.4% from 2023 to 2030.
- In terms of segment, ldpe/lldpe was the largest revenue generating product in 2022.
- BOPP is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 24,569.2 million |
| Market revenue in 2030 | USD 37,372.3 million |
| Growth rate | 5.4% (CAGR from 2022 to 2030) |
| Largest segment | Ldpe/lldpe |
| Fastest growing segment | BOPP |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | LDPE/LLDPE, PVC, PA, BOPP, HDPE, CPP |
| Key market players worldwide | Toray Industries Inc, Toyobo Co Ltd, Berry Global Group Inc, SABIC, Sealed Air Corp, Dow Inc, DuPont de Nemours Inc, Amcor PLC, Uflex, British Polythene Industries Plc, Novolex |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 52.3% of the global plastic films and sheets market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 37,372.3 million by 2030.
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Plastic Films And Sheets Market Scope
Plastic Films And Sheets Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific plastic films and sheets market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to plastic films and sheets market will help companies and investors design strategic landscapes.
Ldpe/lldpe was the largest segment with a revenue share of 55.47% in 2022. Horizon Databook has segmented the Asia Pacific plastic films and sheets market based on ldpe/lldpe, pvc, pa, bopp, hdpe, cpp covering the revenue growth of each sub-segment from 2019 to 2030.
China, India and Southeast Asia are expected to be the primary growth markets in the region. Growing manufacturing sector shall drive plastic films and sheets demand in construction, packaging and electrical & electronics industries.
In the recent past, China and India have witnessed a spike in automotive production due to the technology transfer to the sector from western markets. Also, a well-established electrical & electronics manufacturing base in China, Taiwan, and South Korea shall provide further impetus for growth.
India, on the other hand, has a strong chemical industry which strengthened its plastic production. Growing economies, rapid urbanization, burgeoning manufacturing ecosphere and increasing infrastructural activities are supporting the growth of plastic films and sheets market in Asia Pacific region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific plastic films and sheets market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific plastic films and sheets market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific plastic films and sheets market size, by country, 2019-2030 (US$M)
Asia Pacific Plastic Films And Sheets Market Outlook Share, 2022 & 2030 (US$M)
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