Cold Seal Plastic Films Market

Cold Seal Plastic Films Market Overview

The global sales cold seal plastic films Market are estimated to be worth USD 3.3 billion in 2021 and are anticipated to reach a value of USD 5.9 billion by 2031. Sales are projected to rise at a CAGR of 5.8% over the forecast period between 2021 and 2031. The revenue generated by cold seal plastic films in 2020 was USD 3.2 billion.

Increasing use of cold seal plastic films in packaging convenience food for easy of application and hermetic sealing with and without heat is gaining momentum. Change in consumer lifestyles, rising on the go food consumption and food and beverage sector growth boost the market. Innovations in film formulations and manufacturing processes are enhancing the performance of cold seal films, driving their adoption across various end-use industries.

Global Cold Seal Plastic Films Market Industry Assessment

Attributes	Key Insights
Historical Size, 2020	USD 3.2 billion
Estimated Size, 2021	USD 3.3 billion
Projected Size, 2031	USD 5.9 billion
Value-based CAGR (2021 to 2031)	5.8%

What Drives the Growth of the Cold Seal Plastic Films Market?

Compared to the usual packaging solutions, cold seal plastic films bestows an added advantage of carrying and storing two different products and also allows an extended shelf life as it provides a barrier to air, UV light and retains the moisture inside the package. The Cold Seal Plastic Films also provide a flexible packaging solution that reduces the production cost, transportation cost and also acquires less space and minimizes the damages.

Owing to the speedy urbanization and a healthy growth rate in the pharmaceutical, and food & beverages industry is boosting the growth rate of the cold seal plastic films market.

What Restraints the Growth of the Cold Seal Plastic Films Market?

The main challenges faced by the vacuum chambers pouches market are the initial production cost that is high as compared to the other packaging production. The demand of the modified atmosphere packaging market might hamper the growth of the cold seal plastic films market as the packaging is not quite resistant to temperature once the seal is opened.

What Growth Opportunities are offered by Cold Seal Plastic Films Market?

Consumer preference for lightweight, re-closable packaging, portable, moisture resistant, recyclable products is attracting the attention of customers towards the cold seal plastic films. This is creating various opportunities for the manufacturers to provide unique packaging solutions that will make the customers switch from conventional packaging options to vacuum packaging.

These attributes create a better growth opportunity for the cold seal plastic films in the pharmaceutical industry owing to the advantages provided by the cold seal plastic films of storing two different items together without affecting the other item stored and maintaining the freshness too.

Which factors will contribute to the Growth of the Cold Seal Plastic Films Market in India and China?

According to the Ministry of Food Processing Industries India, the food processing sector has an annual growth of 8.12%. Owing to the demand for pre-processing packaged food across the world due to the change in lifestyle and buying patterns of consumers the cold seal plastic films market is expected to grow at a high pace in the Asia Pacific market specifically India and China.

The growing consumption and availability of frozen or pre-processed foods even in the rural areas are benefiting the vacuum chamber market to grow tremendously.

Key players are also looking for expansion of the business in the untapped market of the developing countries to attract customers and also benefits the business.

Competitive Landscape

• Genpak Food Containers
• Amcor Plc
• Chamber Pouch Inc.
• Proampac
• Mondi Group Plc
• Techoflex
• Arranti Inc.

Key players in the Asia Pacific region of the Cold Seal Plastic Films Market are:

• Toppan Leefung Packaging Co., Ltd.
• Giriraj Polymer
• Ted Packaging
• Logos Packaging

Table of Content

• 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. Material Type
  • 6.2. Product Type
  • 6.3. End-Use
• 7. Global Market Analysis and Forecast, By Material Type
  • 7.1. Polyethylene Terephthalate (PET)
  • 7.2. Polyethylene (PE)
  • 7.3. Polyamide (PA)
  • 7.4. Cast Polypropylene (CPP)
  • 7.5. Others Plastics
• 8. Global Market Analysis and Forecast, By Product Type
  • 8.1. Stand-up Pouches
  • 8.2. Spouted Pouches
  • 8.3. Zipper Pouches
  • 8.4. Tear Notch Pouches
• 9. Global Market Analysis and Forecast, By End-Use
  • 9.1. Food
  • 9.2. Consumer Goods
  • 9.3. Personal Care
  • 9.4. Home Care
  • 9.5. Confectionary
• 10. Global Market Analysis and Forecast, By Region
  • 10.1. North America
  • 10.2. Latin America
  • 10.3. Europe
  • 10.4. South Asia
  • 10.5. East Asia
  • 10.6. MEA
  • 10.7. Oceania
• 11. North America Sales Analysis and Forecast, by Key Segments and Countries
• 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries
• 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
• 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
• 15. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries
• 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries
• 17. MEA Sales Analysis and Forecast, by Key Segments and Countries
• 18. Sales Forecast by Material Type, Product Type, and End-Use for 30 Countries
• 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
• 20. Company Profile
  • 20.1. Genpak Food Containers
  • 20.2. Amcor Plc
  • 20.3. Chamber Pouch Inc.
  • 20.4. Proampac
  • 20.5. Mondi Group Plc
  • 20.6. Techoflex
  • 20.7. Arranti Inc.
  • 20.8. Toppan Leefung Packaging Co., Ltd.
  • 20.9. Giriraj Polymer
  • 20.10. Ted Packaging
  • 20.11. Logos Packaging