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<strong>Plastic</strong> <strong>Films</strong> <strong>and</strong> <strong>Sheets</strong> <strong>Market</strong><br />
is one of the important product segments of plastic films <strong>and</strong> sheets market. It is widely used<br />
<strong>for</strong> food packaging applications due to high tensile strength <strong>and</strong> dimensional stability.<br />
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Food packaging applications segment was the largest segment of global plastic films <strong>and</strong><br />
sheets industry <strong>and</strong> accounted <strong>for</strong> around 66% share of the entire market in 2014. It is<br />
expected to remain largest application market over the <strong>for</strong>ecast period owing to high<br />
dem<strong>and</strong>. Pharmaceutical <strong>and</strong> construction are another important outlets <strong>for</strong> global plastic<br />
films <strong>and</strong> sheets industry.<br />
Asia Pacific was dominating regional market <strong>for</strong> plastic industry owing to strong dem<strong>and</strong><br />
from China <strong>and</strong> India. It accounts <strong>for</strong> around 35% share of the overall market volume<br />
consumption in 2014 <strong>and</strong> further expected to remain major regional market <strong>for</strong> plastic films<br />
<strong>and</strong> sheets due to the emerging economies during the next five years. China accounted <strong>for</strong><br />
around 20% share of global plastic films <strong>and</strong> sheets market in 2014. Asia Pacific was<br />
followed <strong>by</strong> North America. Europe is expected to witness decline in its share in global<br />
plastic films <strong>and</strong> sheets market owing to sluggish dem<strong>and</strong> <strong>for</strong> food packaging.<br />
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