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Sealant Web Film Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Published: February 2024 || SKU: MA3959
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Global Sealant Web Film Market is segmented By Material (Polyethylene, Polypropylene, PLA, EVOH, EVA), By Thickness (Less than 15 microns, 15 to 30 microns, 3o to 50 microns, More than 50 microns), By End-User (Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care, Homecare Products, Electrical & Electronics, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Sealant Web Film Market Overview

The Global "Sealant Web Film Market" is predicted to reach a CAGR of 4.5% during the forecast period (2024-2031)

Sealant web films are made up of heat-sealable materials resulting in more reliable performance of the multi-layer film. Sealant web films help in preserving the integrity of packaging and shield its contents from degradation and leakage. The films are majorly used in the inner layers of packaging films to improve their offering and sealing strength. The films are manufactured from low-density polyethylene (LDPE), polylactic acid, ethylene vinyl acetate, linear low-density polyethylene (LLDPE), ethylene polypropylene and vinyl alcohol.

The sealant web films have been used in numerous industries for catering to packaging needs. Food packaging bags are made of sealant web films to offer high heat-seal strength and good moisture barrier properties. Manufacturers also utilize film layers as the outermost layer on the packaging due to the need for high printability and high-quality aesthetics.

Sealant Web Film Market Scope and Summary

Metrics

Details

Market CAGR

4.5%

Segments Covered

By Material, By Thickness, By End-User and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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Sealant Web Film Market Dynamics and Trends

The global sealant web film market growth is driven by rising demand for efficient packaging solutions and increasing sales of packaged food & beverages.

Rising demand for efficient packaging solutions

The rising demand for efficient packaging solutions is expected to boost the sealant web film market. Sealing is integral to preserving the purity, freshness and leak-proof conditions of packaged products. Whether products are cooled, heated or stored on a shelf for long periods, the barrier protection is worthless if the sealing component of the packaging is not intact. The sealant web film is used for packaging numerous products including cheese & dairy, coffee packaging, laundry detergent packaging, refillable packaging, pet food, soft drinks and cosmetics.

The demand for sealant web film is growing with the rising trend towards packaged foods. The stringent packaging requirements require the film to be used in the foodstuff, medical and pharmaceutical sectors or non-food applications. High requirements are set for the quality of the products used to protect the packaged goods from adverse effects due to contaminants or spoilage.

Various companies are launching new products in the market with growing demand from the industries. For instance, In In 2020- Toray Plastics has launched a new Lumirror STM Soft-Touch Matte film. This unique, matte-coated film technology simplifies processing and allows the manufacture of soft-touch matte lamination. The STM film is reverse-printed with the matte side out and then laminated to a sealant web for the thermal lamination market.

Environmental impacts from the material

The sealant web film market is impacted by the environmental impacts of the material. Most of the materials used to manufacture sealant web films are not recyclable and are liable to cause serious environmental damage. With rising concerns for the use of plastic, the sealant web films market will also be affected.

However, with rising R&D in the sector, companies are coming up with sustainable options to offer the market demand. For example, in 2017- Plastic Suppliers, Inc. has launched its EarthFirst UL, a bio-based sealant web suitable for flexible packaging applications. This material lowers the sealant films cost used in flexible packaging and offers environmental advantages of bio-based plastics. EarthFirst UL is made from several renewable organic feedstocks like sugar beets, sugar cane, tapioca roots, and corn.

COVID-19 Impact Analysis on Sealant Web Film Market

Due to the pandemic, stakeholders across the sealant web film industry have seen a notable impact as all the production work, factories and other activities were closed. The sealant web films are majorly used for packaging various types of products in cosmetics, food & beverages, and electrical & electronics products. The decline in the market of these industries has directly impacted the market for sealant web films market. For instance, the global beauty industry revenues had fallen 20 to 30% in 2020. As a result, the production of sealant web films was hindered by less demand and supply chain disruption globally. After the pandemic, the governments still impose various restrictions, such as working with half the workforce and fewer operating hours hindering the product cycle of the market.

With the outbreak of COVID-19, several outlets, stores, shops and malls were shut down, and new openings are likely to be delayed for at least a year. The shutting off all the stores has declined the sales of the products and will lower their demand. However, the market is expected to recover after the pandemic, with sectors aiming to work with higher production rates to recover from the incorporated losses.

Sealant Web Film Market Segmentation Analysis

By material, the sealant web film market is classified into polyethylene, polypropylene, PLA, EVOH and EVA.

The polyethylene sealant web film market is expected to grow at the fastest CAGR during the forecast period (2021-2028)

Polyethylene films are expected to hold the largest market for sealant web film market in the forecast period. LDPE & LLDPE sealant web films are majorly adopted in several industries for packaging, including food, pharmaceutical, cosmetics and home care products. The polyethylene sealant web films have been preferred due to physical properties such as low heat energy consumption and high moisture barriers. Moreover, PE is also economically priced compared to other materials such as polypropylene.

The companies have been offering new products in the market manufactured with PE with rising sales. For instance, in 2019- Charter NEX Films Charter has launched a new family of PE thermal sealant films validated for use with HP Indigo Pack Ready Laminator. The company is among the first North American supplier of PE sealant films approved for use in the Pack Ready system.

Global Sealant Web Film Market Geographical Analysis

Asia-Pacific region holds the largest market for the global sealant web film globally

Asia-Pacific region holds the largest market share for the box and carton overwrap film market globally and is expected to continue its dominance in the forecast period. The increasing production rate and sales of food & beverage, cosmetics and pharmaceutical products are fueling the demand for sealant web films in the market. For instance, the market value of China’s cosmetic products is valued at US$ 42 billion, and it is anticipated to hold the largest market in the next five years. Also, the region holds a significant market for the food industry as well.

Due to the high potential in the market, most of the top leading companies of sealant web films are coming up with expansions for strengthening the market demand. For instance, In 2020- Jindal Polyfilms Ltd has approved the future expansion plan for the company in India. The proposed plan of expansion will need an investment of Rs. 450 (Four hundred fifty) Crores for opening new production lines.

Sealant Web Film Market Companies and Competitive Landscape

The sealant web film market is highly competitive with the local player’s presence, followed by the global companies, contributing to the major share in the market growth. In addition, some of the key players contributing to the growth of the market are Berry Global Inc., Toray International, Bemis Company, Inc., Jindal Poly Films Ltd., Plastic Suppliers, Inc., Polifilm Gmbh, Avery Dennison Corporation, Charter NEX Films, Dupont, DIC Corporation, Dai Nippon Printing Co., Ltd. and others. The major players are adopting various new strategies to dominate the market, such as launching new products, acquisitions, and collaborations, contributing to the global growth of the sealant web film market.

Jindal Poly Films Ltd.

Overview: Jindal Poly Films Limited is an Indian headquarter organization and a part of the $ 2 billion B.C. Jindal group. The group is involved in numerous businesses including, steel pipes, thermal power generation, polyester & polypropylene films and photographic products.

Product Portfolio: The Company manufactures various types of products under BOPP films, PET films, metalized films, coated films, CPP films, thermal films and others.

Key Development: In 2020, Jindal Films started producing its Ethy-Lyte BOPE films in Europe due to rising demand from customers in the region. The films are suitable for fully recyclable mono-PE packaging and can substitute OPET films in lamination with PE sealant films.

The global sealant web film market report would provide access to an approx: 61 market data tables, 58 figures and 180 pages.

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FAQ’s

  • The market is growing at a CAGR of 4.5%.

  • The Market size was valued at USD YY million in 2024.

  • Major Companies are Berry Global Inc., Toray International, Bemis Company, Inc., Plastic Suppliers, Inc., Polifilm Gmbh, Avery Dennison Corporation, Charter NEX Films, Dupont.
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