With the burgeoning packaging sector and the increasing requirement for lightweight and revolutionary packaging products, the field of bio-based sealant films is expanding. Environmental policies on petrochemical adhesives, combined with advances in biotechnology, will also help to stimulate product demand.
According to our findings, companies must also conquer a variety of obstacles in order to capitalize on industry growth. For example, a lack of bio-based sealant film leads to a decrease in product adoption and an increase in demand for chemical-based adhesives and sealants. As a consequence, market growth is expected to be constrained. Furthermore, the eco-friendly material and lesser packaging weight are the substantial factors propelling the global bio-based sealant films market
Seamless packaging is a highly efficient method for advertising merchandise at the point of purchase, particularly for food products.
The emergence of transparent films has fueled the demand for bio-based sealant films. Furthermore, bio-based sealant films are food-grade films that are non-toxic when in decisive contact with food products and are thus heavily influenced by the food industry.
During the forecast timeframe, Europe will experience the largest increase in the bio-based sealant films market. The increment is attributed to rising sales volume in the packaging industry, with the United Kingdom and Germany leading the way.
Increasing product demand in the building and construction sectors will compel market growth in North America. Furthermore, the region's strict environmental laws on petrochemical adhesives will contribute to a rise in the market for bio-based sealant films. The burgeoning personal care industry in the Asia Pacific is driving the demand for bio-based sealants films even higher.
The Middle East and Africa are expected to see significant growth as the product becomes more widely used in the healthcare industry.
FMI recently finished an in-depth analysis of key market participants. Plastic Suppliers Inc. and Toray Industries Inc. are two packaging enterprises with a global footprint and bio-based sealant films in their brand portfolio.
Other packaging film production behemoths may be able to produce such films to the client's specifications, but Plastic Suppliers Inc. and Toray Industries Inc. are the only firms that manufacture a significant amount of bio-based sealant films.
Furthermore, the production of bio-based sealant films requires a significant capital investment, reducing the likelihood of the presence of bio-based sealant films among unorganized market packaging film manufacturers.
The sealant films are the multilayer films with the one outer most layer capable of melting at a low temperature such that the film is easily formed into a pouch with low or no heat application. The bio-based sealant films are made up of bio-degradable or compostable material in order to reduce the carbon footprint in production.
Thus the companies are promoting the bio-based sealant films as one of the steps towards sustainability. Presently, PLA (Poly Lactic Acid) is the only bio-based material used by the manufacturers to produce bio-based sealant films while other materials are under introductory or development stage.
The application of bio-based sealant films eliminates the requirement of additional sealant for sealing the packaging and thereby reducing the weight of packaging with effective sealing. The eco-friendly material and reduced weight of packaging are the major factors responsible for driving the bio-based sealant films market globally.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The major development in the bio-based sealant films market is the addition of barrier properties to the films such as moisture, odor and oxygen barrier. Aluminum material is generally incorporated for barrier properties as the material is biodegradable and a high barrier material.
On the other hand, the layer of aluminum increases the weight of the packaging therefore a very thin layer is incorporated such that effective barrier is created by the bio-based sealant film. Moreover, to satisfy the requirement of transparent packaging of food products, the transparent bio-based sealant films are manufactured by the companies.
As the transparent packaging is a highly effective way of marketing the product at the point of sale, especially for food products, the introduction of transparent films has driven the bio-based sealant films market.
Also, the bio-based sealant films are food grade films that are non-toxic for direct contact with food products and therefore majorly driven by the food industry.
Bio-plastics are the bio-based plastic materials. According to European Bio-plastics Organization, the global production capacity of PLA resins was around 200 Thousand tons in 2017 and is further expected to expand with the entrance of players in the bio-plastics industry.
Principal Consultant
The bio-based sealant films market is more precisely analyzed by supply side analysis. In the initial stage, a survey is conducted with sealant film manufacturers in each key country for their production capacity. Total regional sealant film capacity for a region is estimated leading to global sealant films production.
Further, the penetration of bio-based materials in sealant films is assessed and finally arrive to the global bio-based sealant films market volume. At the end, the market numbers are validated with industry experts.
Plastic Suppliers Inc. and Toray Industries Inc. are two of the companies in the packaging industry with worldwide footprint and bio-based sealant films in their product portfolio. Other packaging film manufacturing giants might be capable of producing such films according to the client’s requirement, but Plastic Suppliers Inc. and Toray Industries Inc.
are the only companies with significant production of bio-based sealant films. Also, it takes a lot of capital investment for production of bio-based sealant films and there reducing the probability of the presence of bio-based sealant films among un-organized market packaging film manufacturers.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
With the increase in thickness of bio-based sealant film, the strength of the film increases and enables the production of larger pack size. Also, the material required for making high gauge films is higher and therefore affecting the manufacturing cost of the film. Thus, the pricing analysis is made on the bio-based sealant films market segmentation by the thickness of films.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Film Thickness 6.2. End-Use 7. Global Market Analysis and Forecast, By Film Thickness 7.1. Up to 9 microns 7.2. 9 to 12 microns 7.3. 12 to 15 microns 7.4. Above 15 microns 8. Global Market Analysis and Forecast, By End-Use 8.1. Food & beverage 8.2. Frozen food 8.3. Coffee & Tea 8.4. Snacks 8.5. Cookies & Cereal 8.6. Nutrition bars 8.7. Confectionary 8.8. Other foods 8.9. Personal care products 8.10. Retail products 8.11. Office supplies 8.12. Promotional items 9. Global Market Analysis and Forecast, By Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. Middle East & Africa 9.6. Asia Pacific excluding Japan 9.7. Japan 10. North America Sales Analysis and Forecast, by Key Segments and Countries 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries 12. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Middle East & Africa Sales Analysis and Forecast, by Key Segments and Countries 15. Asia Pacific excluding Japan Sales Analysis and Forecast, by Key Segments and Countries 16. Japan Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Film Thickness and End-Use for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Plastic Suppliers Inc. 19.2. Toray Industries Inc.
Explore Packaging Insights
View Reports
Bio-based sealant films Market
