The global market for specialty films 2016-2021

12 July 2016

In a new report, Smithers Pira forecasts the global specialty films market to be worth over $27.0 billion in 2016 and to grow 6.1% year-on-year to reach almost $37.0 billion by 2021. Specialty films offer desirable characteristics that provide added value to the consumer; including barrier protection, biodegradability, water solubility, decoration, imaging and graphics, and safety and protection.
Barrier films dominate the market, accounting for almost 53.0% of total tonnage in 2016. While barrier films are a long-established specialty packaging film type and are reaching market maturity for many applications, especially in the developed countries; they still offer good growth prospects.
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