North America MDO films market is expected to account for more than 1/3rd of the market share in global MDO films market, by value

Global sales of MDO films is valued at US$ 3,333.6 Mn in 2017 and is projected to expand at a CAGR of 4.7% during the forecast period. One of the major factors propelling the demand for MDO films is its robust seal performance. MDO films is manufactured using variety of materials such as polypropylene (PP), high density polyethylene (HDPE), linear density polyethylene (LDPE), linear low density polyethylene (LLDPE), polyamide (PA), ethyl vinyl alcohol (EVOH), polyethylene terephthalate (PET), and others (polystyrene (PS),etc.). Among the material type, polypropylene (PP) segment is expected to dominate in terms of market share, and is estimated to account for more than 45% of total market share in the global MDO films market during the forecast period.

mdo films market

The growth of MDO films market is increasing as the MDO films are commonly used packaging solution with rising demand for ready-to-eat and partially-cooked convenience food packaging. MDO films provide better protection against microorganisms and thus, fulfil consumers’ demand for fresh, healthy, and convenient packaged food products.

  • This is expected to enhance the sales of MDO films for packaging during the forecast period. MDO films have excellent machinability, which makes them an ideal choice for freezer bags and as microwaveable packaging solutions. MDO films provide a superior heat seal layer for retort or steam sterilization applications and other flexible packaging multi-layer applications

Manufacturers of MDO films are focusing on development of MDO films with robust seal performance. MDO films fulfil different types of packaging requirements and exhibit superior sealing functionality. The shelf life of any product is a major factor for end users and thus, the demand for MDO films is expected to increase considerably during the forecast period.

Most of the commercial films are mono-layered or 3-layer coextruded. Moreover, in the last few years, 5-layer and 7-layer barrier films have become quite popular. Oriented coextruded films with EVOH or polyamide face some challenges with respect to maintenance of the adhesive tie layer and film after orientation. Fundamentally, orientation process increases the interfacial area of the film but effectively reduces the number of chemical bonds per unit area, which results in drop of adhesion by 90%.

The difference in mechanical properties of polyolefin films and barrier layers, such as EVOH, reduce the adhesion strength after orientation. Furthermore, orientation of multilayer films decreases the elasticity of the material and thus, dissipate interfacial stress is lost.

By manufacturing process, the global MDO films market has been segmented into cast films and blown films. The blown films segment is projected to expand at a CAGR of 5.0% during the forecast period.

By application, MDO films market has been segmented into bags & pouches, shrink labels, shrink wrap films, agro-textile, tapes, liners & coatings, others. Among these, bags & pouches segment is expected to dominate the market with more than 36% of market share by value. Shrink labels segment is expected to expand by 1.3x of its current value.

By end use industry, MDO films market has been segmented into food & beverages, healthcare, personal care, homecare, agriculture. Among end use industry, food & beverages segment is expected to account for more than 2/5th of the total market share. Agriculture segment is projected to expand at a highest CAGR of 5.0% during the forecast period.

The global MDO films market is divided into five key regions- North America, Latin America, Europe, Asia Pacific (APAC), and Middle East & Africa (MEA). North America region is expected to dominate the market share in terms of value. The Asia Pacific region is projected to register the highest CAGR of 6.0%, during the forecast period.

Key players in the global MDO films market include Avery Dennison Corporation, Toray Industries Inc., Lenzing Plastics GmbH & Co KG, Klöckner Pentaplast Group, CCL Industries Inc., NOWOFOL Kunststoffprodukte GmbH & Co. KG, UPM Raflatac Inc., Polythene UK Ltd., Borealis AG, Trico Specialty Films LLC, Futamura Chemical Co. Ltd., Davis-Standard, LLC, LA Plastpacks Pvt. Ltd., and Polysack Plastic Industries Ltd.

This report provides forecast and analysis of the MDO films market on global level. It provides actual data of 2017 along with estimated data of 2018, and forecast data up to 2026 in terms of value (US$ Mn) and volume (Tonnes). It includes drivers and restraints of the global MDO Films market and their impact on each region during the forecast period. The report also comprises the study of current issues with end users and opportunities for MDO film manufacturers. It also includes value chain analysis.

In order to provide users of this report with comprehensive view of the market, we have included detailed competitiveness analysis and company players with their SWOT analysis and strategy overview. The dashboard provides detailed comparison of global MDO film manufacturers on parameters such as operating margin, total revenue, product portfolio, and what we call ‘innovation scale’. The study encompasses market attractiveness analysis by material type, manufacturing process, application, end use industry, and region.

The report includes consumption of MDO films and the revenue generated from sales of MDO films across the globe and key countries. By material type, MDO films market is segmented into polypropylene (PP), high density polyethylene (HDPE), linear density polyethylene (LDPE), linear low density polyethylene (LLDPE), polyamide (PA), ethyl vinyl alcohol (EVOH), polyethylene terephthalate (PET), and others (polystyrene (PS),etc.).

By manufacturing process, MDO films market is segmented into cast films and blown films. By application, MDO films market is segmented into bags & pouches, shrink labels, shrink wrap films, agro-textile, tapes, liners & coatings, others. By end use industry, MDO films market is segmented into food & beverages, healthcare, personal care, homecare, agriculture.

Market numbers have been estimated based on extensive secondary and primary research, average pricing of MDO films by material type and the revenue is derived through regional pricing trends. Market size and forecast for each segment has been provided in the context of global and regional markets. The MDO films market has been analyzed based on expected demand. Prices considered for the calculation of revenue are average regional prices obtained through primary quotes from numerous regional MDO films manufacturers, suppliers, and distributors. All key end users have been considered and potential applications have been estimated on the basis of secondary sources and feedback from primary respondents. Country demand patterns have been considered while estimating the market for various end users of MDO films in different regions. Bottom-up approach has been used to estimate the MDO films market by regions. Global market numbers by material type, by manufacturing process, by application, and end use industry have been derived using the bottom-up approach, which is cumulative of each country’s demand. The same has also been validated from top-down approach. Company-level market share has been derived on the basis of revenues reported by key manufacturers. The market has been forecast based on constant currency rates.

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, FAO, Packaging Digest, and Hoover’s, and company annual reports and publications.

The report provides detailed competitive and company profiles of key participants operating in the global MDO films market. Key players of the global MDO films market are Avery Dennison Corporation, Toray Industries Inc., Lenzing Plastics GmbH & Co KG, Klöckner Pentaplast Group, CCL Industries Inc., NOWOFOL Kunststoffprodukte GmbH & Co. KG, UPM Raflatac Inc., Polythene UK Ltd., Borealis AG, Trico Specialty Films LLC, Futamura Chemical Co. Ltd., Davis-Standard, LLC, LA Plastpacks Pvt. Ltd., and Polysack Plastic Industries Ltd.

Global MDO Films Market: Segmentation

By Material Type

  • Polypropylene (PP)
  • High density polyethylene (HDPE)
  • Linear low density polyethylene (LLDPE)
  • Linear density polyethylene (LDPE)
  • Polyamide (PA)
  • Ethyl vinyl alcohol (EVOH)
  • Polyethylene terephthalate (PET)
  • Others (polystyrene (PS), etc.)

By Manufacturing Process

  • Cast films
  • Blown films

By Application

  • Bags & Pouches
  • Shrink Labels
  • Shrink Wrap
  • Agro Textile
  • Tapes
  • Liners
  • Others

By End Use Industry

  • Food & Beverages
  • Healthcare
  • Personal Care
  • Homecare
  • Agriculture
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific (APAC)
  • Middle East and Africa (MEA)
.