Future Market Insights (FMI), in its new report, offers an unbiased analysis of the Europe MDO-PE film industry, analyzing historical demand from 2019 to 2023 and forecast statistics for 2024 to 2034. The study reveals growth projections based on the material (high-density polyethylene (HDPE), low-density polyethylene (LDPE), liner-low-density polyethylene (LLDPE) ), manufacturing process (cast films and blown films), packaging format (pouches, bags, and sacks, tubes, liner, and lidding films, sachets and stick packs, tapes and labels, wraps/rolls), and end-use (food, hygiene, beverages, homecare, healthcare, personal care, electronics, and electrical).
NEWARK, DE / ACCESSWIRE / December 5, 2024 / The Europe MDO-PE (Machine Direction Orientation Polyethylene) film market is projected to grow steadily over the next decade, with its valuation expected to reach USD 285.2 million by 2034, advancing at a CAGR of 2.4% from USD 225.8 million in 2024. The market is growing 1.3x through 2034, driven by increased adoption in diverse industries, demand for efficient packaging solutions, and a focus on sustainability.
Rising demand from the food and beverages industry is a key factor boosting growth of the Europe MDO-PE film industry. Similarly, consumer preference for sustainable packaging will likely fuel demand for MDO-PE films in Europe, aligning with eco-conscious choices.
The food and beverages industry in Europe is constantly seeking efficient packaging solutions. MDO-PE films, being mechanically strong, have been a classic material for a variety of packaging options, especially for frozen food items like vegetables, fruits, bakery products, and seafood.
MDO-PE films ensure the integrity of products by providing effective thermal resistance and exceptional barrier and sealing properties. Printability is another special feature of MDO-PE films which helps in printing attractive brand logos, images, and holographs.
Rising concerns over environmental damage caused by excessive plastic usage is another key factor uplifting MDO-PE film demand in Europe. With rising sustainability concerns, demand for recyclable packaging solutions, including MDO-PE films, is increasing. Leading to industry growth.
Awareness regarding the harmful effects of plastic usage has made people choose recyclable packaging choices. MDO-PE, a fully recyclable material, is thus winning over consumers.
Demand for sustainable and eco-friendly packaging solutions like MDO-PE films is on the rise across several European nations. A variety of industries like food and beverage, pharmaceutical, and electronics have shifted over MDO-PE films as their packaging choice.
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Market Growth Drivers
Increased Demand in Food Packaging: The food sector is set to remain a prominent consumer of MDO-PE films, accounting for 36% of market share by 2034. Growing consumer demand for extended shelf-life products and sustainable food packaging solutions is fueling this trend.
Rising Adoption in Medical Sector: The medical sector is emerging as a significant growth contributor, with MDO-PE films used in protective clothing and medical device packaging. Their durability and adherence to stringent safety standards position them as an ideal choice for healthcare applications.
Preference for Flexible Packaging: Blown films dominate the market, holding approximately 60% share, with revenues projected to reach USD 195.4 million by 2034. The adaptability of MDO-PE films for packaging formats such as pouches, wraps, and sachets enhances their appeal across multiple industries.
Advancements in Sustainable Packaging: The rising emphasis on sustainability has prompted packaging giants to adopt MDO technology for laminating films in full PE. These innovations are expected to drive demand across sectors such as food and beverages, consumer electronics, and healthcare.
Key Takeaways from the Report
• MDO-PE film revenue in Europe is forecast to total USD 285.2 million by 2034.
• Based on material, the LLDPE segment is estimated to account for an industry share of 40.6% in 2034.
• By end-use, the food segment is anticipated to advance at a CAGR of 2.9% over the forecast period.
• Among packaging formats, the tapes and labels segment will likely record a CAGR of 1.4% through 2034.
• Germany is projected to generate a value of USD 42.6 million in 2024.
• Benelux is estimated to record a CAGR of 4.3% from 2024 to 2034.
Robust growth of industries like food and beverages, electronics, and healthcare across Europe is anticipated to propel demand for MDO-PE films through 2034. Manufacturers are focusing on providing efficient and eco-friendly packaging solutions like MDO-PE films to stay ahead of the competition. Says a Lead Consultant Ismail Sutaria in Packaging at Future Market Insights (FMI).
Market Segmentation and Trends
Blown Film Dominance:
Blown films hold approximately 60% of the market share and are forecasted to reach USD 195.4 million by 2034.Tapes and Labels Lead Packaging Formats:
The tapes and labels segment is set to advance at a CAGR of 1.4%, accounting for 23% of the market share in 2024.Export Opportunities:
European MDO-PE film manufacturers are likely to benefit from increased exports driven by rapid industrial growth and a competitive edge in innovative packaging solutions.
Country-wise Insights:
Country |
CAGR (2024-2034) |
Key Growth Drivers |
|---|---|---|
Benelux |
4.3% |
High demand for sustainable, flexible packaging solutions. |
Poland |
4.0% |
Booming pharmaceutical sector; preference for lightweight, eco-friendly packaging. |
Nordics |
3.9% |
Increasing emphasis on sustainability in packaging across industries. |
Germany |
1.5% |
Strict environmental regulations; demand for recyclable, cost-effective packaging. |
United Kingdom |
1.3% |
Thriving food sector; growth in online food deliveries and packaged food demand. |
Outline of Important Trends Shaping the MDO-PE Film Industry
Among various manufacturing processes blown films are used on a large scale because of their certain benefits. This process enhances the tensile strength of MDO-PE films ultimately developing a good tear resistivity property, offering equilibrium among durability and flexibility, and satisfying the requirements for industrial applications.
Blown manufacturing processes have been found to generate the least manufacturing scrap as compared to other processes. This, in turn, helps companies adhere to the stringent sustainability regulations in many European nations.
The security provided by MDO-PE films for packaging propels demand in the food sector. MDO-PE films have excellent optical and barrier properties, thus fulfilling the needs of the food sector.
Blown MDO-PE films provide effective barrier properties and ensure maintaining the sterility, quality, and safety of medicines, drugs, and other healthcare products. It has been a preferred choice of packaging in the healthcare and pharmaceutical industries.
Growth Opportunities in MDO-PE Film Industry Analysis in Europe
Sustainable Packaging Demand: Expanding market for eco-friendly and recyclable MDO-PE films, driven by growing consumer preference for sustainable products and stricter environmental regulations.
Recycling and Circular Economy: Opportunities in developing MDO-PE films made from recycled polyethylene (rPE), aligning with Europe's circular economy goals and waste reduction initiatives.
Innovative Film Applications: Potential for growth in industries like food packaging, healthcare, and e-commerce, where MDO-PE films' strength, transparency, and moisture resistance offer significant advantages.
Technological Advancements: Growth opportunities through the development of new production technologies that improve film properties, such as enhanced barrier performance and cost-efficiency.
Regulatory Support: Government incentives and policies promoting sustainable packaging solutions provide a favorable environment for investment and expansion in the MDO-PE film market.
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Leading MDO-PE Film Brands in Europe
Coveris Holdings Inc.
Avery Dennison Corporation
Saes Coated Films S.P.A.
Lenzing Plastics Gmbh & Co, RKW Group
NOWOFOL
Klockner Pentaplast Group
Camvac Limited
Plasbel Plasticos S.A.U.
Polysack Flexible Packaging
Polythene UK Ltd.
Adapa Group
RKW Group
MANTZARIS SA.
Key Segments of Industry Report
By Material:
As per material, the report has been categorized into high-density polyethylene (HDPE), low-density polyethylene (LDPE), and linear-low-density polyethylene (LLDPE). Linear-low-density polyethylene is further sub-categorized into conventional LLDPE, metallocene LLDPE, high-alpha olefin (HAO) LLDPE, and medium-density LLDPE.
By Manufacturing Process:
In terms of manufacturing process, the report is segmented into cast films and blown films.
By Packaging Format:
Different packaging formats include pouches, bags and sacks, tubes, liners, lidding films, sachets and stick packs, tapes, labels, and wraps/rolls.
By End-use:
Based on end-use, the report is segmented into food, hygiene, beverages, home care, personal care, healthcare, and electronics and electricals. Food is further sub-categorized into meat, seafood, and poultry, ready-to-eat meals, dairy, bakery and confectionery, and fresh produce.
Hygiene is further divided into disposable diapers, sanitary napkins, incontinence products, underpads, and swimming diapers. Beverages are further sub-categorized into alcoholic beverages and non-alcoholic beverages.
By Country:
Analysis has been carried out in key countries of Europe, which include Germany, France, Spain, Italy, Benelux, the United Kingdom, Russia, Poland, Nordics, and the Rest of Europe.
Authored by:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail's strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor's Degree in Mathematics.
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About Future Market Insights (FMI)
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