The Asia-Pacific region has beacome the world's largest film market

In recent years, with the development of the packaging industry, plastic packaging market is growing. As one of the most important components of plastic packaging films market is also booming. At present, the packaging film is a growing demand, geography, Asia Pacific is the world's largest film market.

Experts point out that packaging films for food, pharmaceutical and personal care products will have a significant impact on quality and storage life. In recent years, the rapid development of the food and packaging industry which is the film's biggest end-use market.followed by its demand is Drugs and medicine which demand for packaging film is increasing year by year.

During 2013-2018, the global consumption of packaging film with 4.5% compound annual growth. The next 4 years, its compound annual growth rate of 5.8%.

Research data show, In 2012 Asia-Pacific region holds 35% of the world's market share in the Packing film. In recent years, China and India for food packaging and medical drugs industry has been rising rapidly, this is to a large extent, pushing the film market. The next few years, China and India is expected to become the main driving force for further prosperity in Asia-Pacific packaging films market. In addition, as a second and third-largest film market in the world, in North America Market and Europe Market, respectively controlled 25.3% and 24.1% 's market share.

Prettylift Industry CO., LTD is Specializing in the production of POF shrinkable film. Make your package more perfect!