Mono-Material Packaging Film Market Is Likely to Experience a Tremendous Growth by 2031

by mansi jain on Jun 4, 2024 Business 270 Views

Global mono-material packaging film market is anticipated to grow at a moderate CAGR of 4.3% during the forecast period (2024-2031). The rising trend for online shopping is a key factor creating demand for global market. The development of multilayer mono-material films with barrier qualities to improve product protection is anticipated to offer lucrative opportunities to the global market growth. The cohesive government legislation designed to combat plastic waste and promote environmentally friendly packaging options is further aiding to the global market growth. For instance, the single-usage plastics directive (EU) 2019/904 published on 12 June 2019 introduced obligatory labelling and extended producer accountability in an effort to decrease the usage of single-use plastics.

Furthermore, due to the advancements in material science and film processing technology, producers are now able to create mono-material films that have significantly better printability, processability, and barrier qualities. At the moment, the emphasis is on scaling up enhanced sorting and processing methods designed specifically for films made of one substance. The advantages provided by mono-material films is driving the market growth.

In November 2023, Mondi collaborated with Skånemejerier to create a mono-material, polypropylene (PP) based packaging for, ICA’s Hushållsost cheese.The new packaging comprises a mono-material base web and lidding film, which is produced and printed by Mondi before being converted for 1kg and 2kg blocks of cheese by Skånemejerier. It is sold in leading Swedish supermarket ICA and now comes in packaging that is designed for recycling.

Further in November 2023, ProAmpacin collaboration with Nestlé Purina PetCare, won a 2023 AmeriStar Award in the shelf-stable food category. The win recognizes ProAmpac’s latest recyclable packaging innovation QUADFLEX Recyclable. It was first introduced by Purina in the company’s Purina Pro Plan Veterinary Diets product line. QUADFLEX Recyclable is an innovative solution that supports Purina’s sustainability goals by transitioning from multi-layer to mono-material packaging in support of the company’s design for recycling initiative.

Furthermore, in June 2023, ProAmpacannounced its collaboration with Polytechnique Montreal 3SPack Research Chair for the launch of Heat Sealing in Packaging. This product highlights the principles of heat sealing and the correlation of molecular properties and processing parameters in seal performance.

To Request a Sample of our Report on Mono-Material Packaging Film Market:  https://www.omrglobal.com/request-sample/mono-material-packaging-film-market

Market Coverage

  • The market number available for – 2023-2031
  • Base year- 2023
  • Forecast period- 2024-2031

Segment Covered- 

  • By Material
  • By Packaging Formats
  • By End Use

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Competitive Landscape- includes TOPPAN Holdings Inc., Polysack Flexible Packaging Ltd., Profol GmbH, Graphic Packaging International LLC, Mondi PLC and Novel Packaging, among others.

Mono-material Packaging Film Market Report Segment

By Material

  • Polyethylene
  • HDPE
  • LDPE
  • Polypropylene
  • PET
  • PLA
  • PBS
  • PVA

By Packaging Formats

  • Stand-Up Pouches
  • Flat Bottom Bags
  • Shrink Films
  • Flow Wraps
  • Trays & Containers
  • Labels and Inserts

By End Use

  • Food & Beverages
  • Pharmaceutical and Medical
  • Consumer Goods
  • Agriculture
  • Electronics
  • Automotive

A full Report of Mono-Material Packaging Film Market is Available @ https://www.omrglobal.com/industry-reports/mono-material-packaging-film-market

Mono-material Packaging Film Market Report Segment by Region

North America                                                                                                           

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa 

Company Profiles

  • Amcor Group GmbH
  • Berry Global Inc.
  • Bischof + Klein
  • Cosmo Films
  • Coveris
  • Flex Films
  • Graphic Packaging International, LLC
  • Innovia Films
  • Jindal Films
  • Mitsubishi Chemical Group Corp.
  • Mondi PLC
  • NOVA Chemical
  • Novel Packaging
  • Proampac
  • Reifenhauser
  • RKW SE
  • SABIC
  • Taghleef Industries
  • Teijin Ltd.
  • Toray Industries Inc.
  • Uflex Ltd.
  • Wipak Group

Reasons to buy from us –

  1. We cover more than 15 major industries, further segmented into more than 90 sectors.
  2. More than 120 countries are for analysis.
  3. Over 100+ paid data sources mined for investigation.
  4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/mono-material-packaging-film-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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Article source: https://article-realm.com/article/Business/63736-Mono-Material-Packaging-Film-Market-Is-Likely-to-Experience-a-Tremendous-Growth-by-2031.html

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