Easy Peel Film Market Size, Share, and Industry Analysis By Material (Polyethylene (PE), Cast Polypropylene (CPP), Polyethylene Terephthalate (PET), and Others), By Application (Food {Produce, Bakery & Confectionery, Dairy Products, Ready-to-eat Meals, Others}, Medical, Industrial, Consumer Goods, and Others), and Regional Forecast, 2024-2032

Easy peel film is a sealing material for containers or trays for easy removal and is mostly used for food packaging. These films consume less space at the time of transportation and are a very cost-effective option compared to traditional plastic lids and covers. These films are designed to offer improved productivity, reliability, and performance for most applications. Easy peel films' high heat and content resistance boost their demand in food and medical applications, further cushioning market growth.

• For instance, in October 2022, KM Packaging declared the launch of a new sustainable lidding film range to fulfill the APCO national targets. The lidding products are distributed into four sectors, crossing the company’s existing comprehensive ranges such as K-Peel, K-Foil, K-Seal, and K-Reseal. All structures are suitable for the protein, ready-to-eat meals, and fresh produce sectors as they are easily peelable.

The massively growing demand for convenience and cost-effective packaging solutions from the food industry is a major contributor to the growth of the global easy peel film market. In addition, the rising utilization of easy peel films for packaging syringes, catheters, wet wipes, deodorizers, air fresheners, washing detergents, and other products also boost the market growth.

The manufacturing cost of easy peel films is relatively high, resulting in low profitability margins for packaging film suppliers. Thus, it is a critical factor hampering the global easy peel film market. Moreover, as these films cannot be recycled easily, the rising environmental concerns hinder market growth.

The sudden advent of the COVID-19 virus impacted several end-use sectors globally. During the pandemic, the rising demand for easy peel films from various food applications such as fruits & vegetables, ready-to-eat meals, snack food products, and others boosted the market growth.

SEGMENTATION

KEY INSIGHTS

The report covers the following key insights:

• Recent Advancements in the Easy Peel Film Market


• Key Industry Trends


• Regulatory Landscape for the Easy Peel Film Market


• Key Industry Developments (Mergers, Acquisitions, and Partnerships)


• Impact of COVID-19 on the Easy Peel Film Market

ANALYSIS BY MATERIAL

Based on material, the market is segmented into polyethylene (PE), cast polypropylene (CPP), polyethylene terephthalate (PET), and others.

The polyethylene segment dominates the global market. The segment accounts for the largest market share and will experience remarkable growth over the forecast period. The material offers several benefits, such as uniform thickness, good stiffness, good printing adaptability, high-temperature resistance, transparency, stiffness, tensile strength, mechanical properties, and several others.

ANALYSIS BY APPLICATION

Based on application, the market is segmented into food, medical, industrial, consumer goods, and others. The food segment dominates the global easy peel film market. The segment will foresee astonishing growth over the forecasted years. Easy peelable PE film is an ideal solution for food packaging applications where easy opening and convenience are desired. It also offers high clarity, extended shelf life, cost-efficient, and barrier properties to the food products, further boosting the segmental growth.

REGIONAL ANALYSIS

The easy peel film market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America dominates the easy peel film market. The presence of key players in the region and their focus on providing effective, safe, lightweight, and easy-to-use product packaging solutions boosts the market growth.

Europe is the second-dominating region of the global easy-peel film market. The rapidly rising investment in product innovations by the packaging film and machinery manufacturers and the expansion of production capacity have thriving market growth in the European region. The rising demand for easy peel films from the personal care and cosmetic sector also drives the market growth.

The Asia Pacific is the third-leading region and will foresee critical growth over the upcoming years. The increasing focus of manufacturers on providing customized easy peel films with printing and dimensional options boosts the market growth in the region. Moreover, the ease in availability of raw materials and the increasing demand for easy peel films in the pharmaceutical sector drive the market growth.

The Latin American market will experience significant growth due to the increasing utilization of easy peel films for packaging several food products. The Middle East & Africa market will foresee moderate growth due to the mounting demand for peelable films for pharmaceutical product packaging.

KEY PLAYERS COVERED

The report includes the profiles of key players such as Berry Global Inc., J-Film Corporation, Tilak Polypack Pvt Ltd., Winpak Ltd., Duropac, Toray Plastics Inc., Wonder Packagings, Green Packaging Material(Jiangyin) Co., Ltd., Plastopil Flexible Packaging Solutions, and Kuber Polyfilms.

KEY INDUSTRY DEVELOPMENTS

• In November 2023, Coveris announced the launch of an innovative and new recyclable thermoforming film, Formpeel P. It is a recyclable-friendly, easy-peelable, and co-extruded film with excellent puncture resistance.


• In March 2021, UFlex, a leading flexible packaging company, announced the launch of a transparent BOPET film that uses a green and environment-friendly water-based coating formulation. The film is recyclable, offers better transparency, and has a strong seal that can be positioned at low temperatures of 140 degrees Celsius. The easy peelability of the film assures that the product does not get damaged while opening.


• In September 2020, KM Packaging announced the launch of a new range of mono-polymer material lidding films manufactured with polypropylene (PP), designed especially for recyclability. The films are ideal for use during food preparation and microwave cooking due to their easy-peel, exceptional transparency, and anti-fog capability.