The packaging film market is booming and export opportunitie

The company specializes in the production of POF shrink film, POF heat shrinkable film, POF film, POF heat shrinkable film, POF cross linking shrink film
 
With the development of packaging industry, the market of plastic packaging is also developing. Food, medicine and personal care products have become the three main directions of plastic film industry. As one of the most important components, the plastic packaging film market is also booming. The Asia Pacific region has become the largest packaging film market in the world, bringing more export opportunities to our country.
 
As an important part of plastic packaging, the demand for plastic packaging film is increasing in packaging industry. The Asia Pacific region has become the largest packaging film market in the world, bringing more export opportunities to our country. In recent years, with the development of packaging industry, the market of plastic packaging is not broken, food, medicine and personal care. Products become the main three directions of plastic film industry. As one of the most important components, the plastic packaging film market is also booming. At present, the demand for packaging film is increasing year by year. In terms of geography, the Asia Pacific region is currently the world's largest packaging film market.
 
The annual growth rate will reach 5.8%. The production process of packaging film is more complicated, and it should undergo many processes such as extrusion, blow molding, rolling, coating and so on. It is reported that raw material selection is often determined by the final use of the film. Raw materials commonly used in packaging film production include LDPE, LLDPE, HDPE, BOPP, CPP, BOPET, PVC, EVOH, PLA, PVDC, PVOH, etc.
 
In recent years, China's and India's food packaging and medical and pharmaceutical industries have risen rapidly, which has greatly promoted the market trend of the packaging film. China and India are expected to become the main driving force for further prosperity of the Asia Pacific packaging film market in the next few years. In addition, as the second, third largest packaging film market in the world, North America and Europe share 25.3% and 24.1% market share respectively.
 
In terms of raw materials, PE continues to become the most widely used packaging film material with an absolute advantage of 64%. However, as far as growth rate is concerned, PP has begun to become super fast in recent years, becoming the fastest growing packaging film material. In terms of soft packaging film production, BOPP's leadership is still no substitute. In addition, demand for specialty films is expanding in North America and Europe.