Industrial Films Market Report 2026

The industrial films market size has grown strongly in recent years. It will grow from $47.09 billion in 2025 to $50.17 billion in 2026 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to expansion of industrial packaging demand, growth of agricultural film usage, increasing use of plastic films in construction, rising adoption of stretch and shrink films, availability of advanced polymer materials.

The industrial films market size is expected to see strong growth in the next few years. It will grow to $63.84 billion in 2030 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to increasing demand for sustainable and recyclable films, rising use of high-performance films in electronics and batteries, expansion of biodegradable film applications, growing focus on circular economy packaging, increasing investment in advanced extrusion technologies. Major trends in the forecast period include rising demand for high-barrier packaging films, growing adoption of lightweight and flexible films, expansion of agricultural and industrial film applications, increasing use of specialty coated films, enhanced focus on material performance optimization.

Increasing construction activities and projects in developing countries are expected to drive the growth of the industrial film market. Construction activities involve the design, development, and building of structures using various construction materials. Industrial films are employed to create distinctive lighting effects and aesthetic finishes in buildings and commercial offices. For instance, in October 2023, Upmetrics, a US-based AI-powered business plan software company, reported that the U.S. construction industry is valued at $1.8 trillion, the global construction industry at $8.9 trillion, and the global residential construction market is projected to reach $8.3 trillion by 2032, growing at a 4.8% annual rate. Therefore, the rising construction activities are propelling the industrial films market.

Major companies in the industrial film market are concentrating on developing innovative products, such as ultra-low-density film, to enhance packaging efficiency and reduce material costs while achieving sustainability goals. Ultra-low-density film is a lightweight packaging material that provides strength and durability, minimizing material usage and shipping costs, thereby contributing to sustainability efforts. For example, in July 2024, Innovia Films, a UK-based packaging and labeling company, introduced the VL40 low-density film, specifically designed for ice cream flow wrap packaging. This new film boasts unique features, including enhanced flexibility and tear resistance, which are essential for maintaining product integrity during freezing and transportation. Additionally, it offers excellent barrier properties that protect against moisture and flavor loss. The film is optimized for high-speed packaging machines, making it an efficient and sustainable solution for both commercial and retail applications.

In October 2024, Eastman, a US-based specialty materials company, acquired Dalian Ai-Red Technology for an undisclosed amount. This acquisition is part of Eastman's strategy to enhance its capabilities in advanced coating technologies to better address the evolving needs of its customers. Dalian Ai-Red Technology, located in China, specializes in high-performance materials and coatings.

Major companies operating in the industrial films market are Mitsui Chemicals Inc., Toyobo Co. Ltd., Eastman Chemical Company, Compagnie de Saint-Gobain SA, DuPont de Nemours Inc., Berry Global Inc., SKC Co. Ltd., Toray Industries Inc., Mitsubishi Chemical Holdings Corporation, Solvay SA, FUJIFILM Holdings Corporation, Sigma Plastics Group, Muraplast d.o.o., Unitika Ltd., Jindal Films Europe Virton Sprl, Transcendia Inc., Mondi PLC, Hi-Fi Industrial Film Ltd., Bogucki Folie Sp zoo, Inteplast Group Corporation, 3M Company, Avery Dennison Corporation, Covestro AG, Filmquest Group Inc., Uflex Ltd., Hyplast NV, Kuraray Co. Ltd., Novamont SpA, Plastipak Holdings Inc., Polifilm Group, Renolit Group, RKW Group, Saudi Basic Industries Corporation, Sealed Air Corporation, SRF Limited, Technipaq Inc., Tredegar Corporation.

Asia-Pacific was the largest region in the industrial films market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial films market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial films market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The industrial film market consists of sales of cast polypropylene (cpp), biaxially oriented polypropylene, and biaxially oriented polyethylene terephthalate. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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