The global easy peel film packaging market sees steady growth, driven by demand for attractive, convenient solutions in the food & beverage sector. Rising investments in innovation and the shift from rigid plastics boost adoption, despite challenges like higher manufacturing costs
NEWARK, DE / ACCESSWIRE / December 4, 2024 / The global easy peel film packaging market is projected to grow steadily, from an estimated USD 1.9 billion in 2024 to an anticipated USD 2.5 billion by 2034, at a CAGR of 2.9% during the forecast period.
The revenue form the packaging industry sales globally is expected to continue to show strong growth as both increased consumption and demand for consumer goods and food has driven the needs for more sophisticated packaging, such as easy peel film packaging, supported by growing middle class and rising disposable income.
Packaging film and even packaging product manufacturers are offering products with additional focus given to the convenience aspect for consumers, ultimately creating profitable market opportunities for companies providing easy peel film packaging. Easy peel film packaging has been one of the most innovative product offering from packaging companies, vastly benefitting the food and beverage industry in a very short span of time.
Moreover, easy peel film packaging allows the customer to handle the product safely and with ease and also ensure consumers that the packaging can be separated from the product without leaving any residue and that it can be fully emptied, minimizing the wastage of the content.
Easy peel film packaging is also moisture resistant, enhances product quality and also benefits both consumers with convenience and aids manufacturers in relation to its sustainable, and easy disposal nature. In addition, easy peel film packaging is also an economical solution for manufacturers, as it reduces the shipping and logistics cost during transportation, ultimately maximizing the profitability margin of suppliers..
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The healthcare sector is also a key driver, with easy peel films ensuring tamper-proof, sterile, and efficient packaging for medical devices and pharmaceuticals. Innovations, such as multi-layered films with high-barrier properties, are addressing industry-specific challenges by improving moisture and oxygen resistance. Regional markets like North America and Europe are leading in adoption due to stringent regulatory frameworks and a high preference for premium packaging solutions, while emerging economies in Asia-Pacific are exhibiting rapid growth driven by urbanization and expanding retail networks.
As the market evolves, partnerships and acquisitions among key players are reshaping the competitive landscape. Companies are heavily investing in research and development to introduce innovative product offerings, such as customizable and heat-resistant films, meeting the diverse needs of end users. With an increasing focus on sustainability, easy peel film packaging is expected to remain a vital segment in the global flexible packaging industry, poised for consistent growth over the coming years.
Convenience and Lifestyle Changes Boosting Demand
The rising urbanization and growing middle-class population, coupled with hectic lifestyles, are propelling the demand for packaged foods. Forecasts indicate the packaged food market will reach nearly USD 65 billion by 2034, creating lucrative opportunities for easy peel film manufacturers.
Beyond food packaging, easy peel films are finding applications in diverse sectors such as pharmaceuticals, electronics, and personal care, where their ability to package tabs, powders, and liquids is gaining traction.
Manufacturers are widely developing easy peel film packaging for the food & beverage industry. The manufacturers observe the variety of needs for easy peel film packaging in the food & beverage sector. Accordingly, as per their demand, they are providing soft peel to the end-use industry to pack fresh & hot food. They offer convenience products to consumers and make an ultimate profit through their innovative products.
They are focusing on providing safe, effective, light-weighted, and easy-to-use product packaging with minimizing the wastage of the content in the coming period. Key players enhance the product quality, which is further beneficial for both manufacturers & consumers. They are offering moisture-resistant easy peel film packaging. In addition to this, easy peel film packaging is an economical solution for manufacturers all around the region.
The prominent players are developing easy peel film packaging to reduce the shipping and logistic cost during transportation, ultimately maximizing the profitability margin of suppliers. The manufactured easy peel film packaging is sustainable and accessible to disposable. The key players are raising the production of easy peel film packaging with sufficient machinery to meet the end users' demand.
The innovation in these packaging is far better and is trending in the end-use industry as a better solution for packaging. These innovations by critical players are replacing the conventional rigid plastic film to save the environment. Although, it covers less space during inventory and transportation.
The manufacturers are providing a non-sticky form of packaging that last a long and performs well with all sorts of temperatures. Some key players are using essential materials to develop easy peel film packagings, such as linear low-density polyethylene high density polyethylene, and others.
Recently, manufacturers are developing advanced easy peel film packaging. Some of the advanced features follow as:
Large heat temperate range
Residue-free seal
Superior protection
Wide range of temperature to deep freeze temperature
Superior work-ability
Custom-made products
Easy to pack and cutting
Perfect laminating such as dry lamination, extrusion sand lamination.
The key players are developed new easy peel film packaging products such as easy peel VMX film, easy peel LMX film, easy peel SMX film, and others in recent years. Moreover, they are using these peel films on advanced packaging of food such as frozen food packaging, microwave food packaging, and pre-cooked packaging of food.
"The easy peel film packaging market is thriving on the rising demand for convenience and sustainability. Innovations like moisture-resistant and thinner films, alongside eco-friendly alternatives, are reshaping consumer expectations. However, high production costs and plastic usage remain challenges for manufacturers navigating this evolving landscape." Says a Lead Consultant Ismail Sutaria in Packaging at Future Market Insights (FMI).
Sustainability: A Key Focus for Manufacturers
While traditional plastic remains the dominant material for easy peel films, there is a growing emphasis on incorporating eco-friendly materials such as Thermoplastic Elastomer (TPE) compounds. This shift aligns with the global sustainability wave, addressing consumer concerns about the environmental impact of plastic packaging.
Expanding Beyond Food Packaging
Though primarily used in food packaging, easy peel films are making inroads into other industries:
Pharmaceuticals and Electronics: Offering secure and tamper-proof solutions.
Personal Care: Facilitating packaging for tabs, powders, and liquids, driving demand in the cosmetic industry.
Country-Wise Insights:
Country |
CAGR (%) |
Key Drivers and Trends |
|---|---|---|
India |
6.5% |
Flourishing domestic packaging businesses supported by government initiatives and innovations by local companies like UFlex. |
China |
4.7% |
Rapid urbanization and increasing adoption of flexible packaging across diverse industries. |
Thailand |
4.2% |
Expanding food and beverage sector driving demand for easy-to-use and efficient packaging solutions. |
South Korea |
2.3% |
Growth in the electronics and personal care industries, emphasizing product integrity and convenience. |
United States |
1.7% |
Shift toward eco-friendly packaging solutions driven by sustainability concerns and regulatory changes. |
United Kingdom |
1.5% |
Increasing demand for vacuum-packed meat packaging solutions, with major supermarkets adopting easy peel films. |
Future Trends:
Sustainability Focus: Increasing adoption of recyclable and biodegradable materials for eco-friendly packaging.
Advanced Barrier Properties: Development of multi-layered films with enhanced protection against moisture, oxygen, and UV light.
Customization Demand: Growth in personalized and product-specific peel film solutions for diverse industries.
Smart Packaging Integration: Use of QR codes and sensors embedded in films for traceability and consumer engagement.
Automation Compatibility: Rise in films designed for high-speed and automated packaging lines.
Easy Peel Film Packaging: Market Dynamics
Growth in demand for easy peel film packaging is anticipated to remain steady for various reasons. Firstly, the food & beverage industry is constantly striving to offer its products that not only make the packaging attractive but also offers convenience.
Secondly, rising investment in product innovation, among packaging film and machinery manufacturers, expansion of production capacity to meet the demand is expected to drive the demand of easy peel film packaging throughout the forecast period.
The trend of replacing conventional rigid plastic film with easy peel film packaging has been rather safe and economical option for packaging manufacturers, as they consume relatively less space during inventory and transportation. Moreover, offering customized easy peel films with dimensions and printing options as per the customer requirement is the new trend observed in the global easy peel film packaging market.
Easy peel film packaging can be used for various types of plastic containers and cups and leaves no residue behind. The packaging form is non-sticky and perform well with all sorts of temperature. Despite growth opportunities, the manufacturing cost of such packaging is relatively high, resulting into low profitability margins for packaging film suppliers.
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Key Manufacturers
Amcor plc
Evonik Industries AG
Mitsui Chemicals, Inc.
Berry Global Group Inc.
KM Packaging Services Ltd.
Clondalkin Group Holdings B.V.
Arrow Film Converters Limited
TCL Packaging Ltd.
Flexopack SA
FFP Packaging Solutions Ltd.
Golden Eagle Extrusions Inc.
Multi-Plastics Inc.
Flair Flexible Packaging Corporation
Plastopil Hazorea Company Ltd.
Schur Flexibles Holding GesmbH
LINPAC Packaging Limited
Constantia Flexibles Group GmbH
Sonoco Products Company
Uflex Ltd.
Winpak Ltd.
Easy Peel Film Packaging: Market Segmentation
By Material:
The market encompasses various materials, including polypropylene (PP), polyethylene (PE), polyvinyl chloride (PVC), polyamide (PA), polyethylene terephthalate (PET), ethylene vinyl alcohol (EVOH), and aluminum.
By Application:
The applications for easy peel film packaging include cups, trays, cans & bottles, and jars.
By End Use:
The end use segments of the easy peel film packaging market include food, beverages, pharmaceuticals, personal care & cosmetics, and other industrial end use.
By Region:
The industry is spread across North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.
Authored by:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail's strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor's Degree in Mathematics.
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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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