P A C K O N E

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Film Extrusion

Global Industry Size:

The global plastic film extrusion market size was valued at USD 104.4 billion in 2020 and is expected to reach USD 143.8 billion by 2027, growing at a CAGR of 4.5% during the forecast period.

India Industry Size:

The Indian plastic film extrusion market size was valued at INR 25,000 crore (USD 3.4 billion) in 2020 and is expected to reach INR 40,000 crore (USD 5.5 billion) by 2027, growing at a CAGR of 6.5% during the forecast period.

Number of Players in India:

There are approximately 100-150 players in the Indian film extrusion industry, with a mix of large-scale manufacturers, small and medium-sized enterprises, and regional players.

Growth Rate:

 The Indian film extrusion industry has been growing at a CAGR of 6-7% over the past few years, driven by increasing demand from the packaging, agriculture, and construction industries.

Factors Causing the Industry to Thrive in India:

  • Growing demand for flexible packaging materials in the food, pharmaceutical, and e-commerce sectors.
  • Increasing use of plastic films in agriculture for mulching and greenhouse applications.
  • Rising demand for construction films in the building and construction industry.
  • Government initiatives to promote the use of biodegradable and sustainable plastics.
  • Growing middle-class population with increasing disposable income.

 

Future Potential:

  • Increasing focus on sustainability and biodegradable plastics.
  • Growing demand for high-barrier films and specialty films.
  • Rising competition from alternative materials like paper and bioplastics.
  • Government regulations and policies on plastic usage and waste management.

Note: The data and figures mentioned above are approximate and sourced from various industry reports, research studies, and market analysis.

We offer following solutions for the Film Extrusion industry-

  • Heat sealable coatings & Film Adhesion from Mica,
  • Web Spreader Rollers from Mink,
  • Perforation unit from Punch and Pin.
  • Knife holders, round knives, blades & slitting system from DIENES,
  • Inspection system from DAC,
  • Expanding Shafts, Chucks, safety chucks from Svecom,