Global Multilayer Blown Films Market Set to Hit $11.3B by 2032 Amid Rising Demand for Laminates

The global multilayer blown films market, valued at approximately US$7.0 billion in 2023, is projected to grow at a CAGR of 4.4% from 2024 to 2032, reaching an estimated US$11.3 billion by the end of the forecast period.

Multilayer blown films, which are produced by combining two or more thin films with different refractive indexes, offer outstanding barrier properties that significantly enhance the shelf life and protection of packaged goods. Their excellent characteristics—including low permeability to oxygen and carbon dioxide, heat sealability, high film strength, and superior adhesion and printability—make them indispensable in the food and beverage industry, as well as in pharmaceutical and industrial packaging.

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Analysts’ Viewpoint: Driving Growth Through Innovative and Sustainable Packaging Solutions

The surge in demand for polymeric laminates and the increasing popularity of coextruded blown films are major factors propelling market growth. These films are favored not only for their protective properties but also for their ability to be printed with branding and product details, enhancing the aesthetic appeal and communication of packaged products. Manufacturers are focusing on advanced multilayer blown film technologies and affordable, sustainable solutions that meet the rising consumer demand for high-performance packaging. Investments in state-of-the-art blown film extrusion facilities and cleanroom production lines underscore the industry’s commitment to innovation and quality.

Market Introduction

Blown films are formed by extruding plastics and polymers—typically polyolefin plastics such as polyethylene—into thin films. Multilayer blown films are created by combining multiple layers, each engineered to provide specific functional properties. These films offer low permeability, high strength, and excellent adhesion, making them ideal for applications in food packaging, pharmaceuticals, industrial packaging, and even agricultural uses like silage and greenhouse films. By laminating packages, multilayer blown films not only protect contents from environmental factors but also extend the shelf life of perishable goods.

Key Market Drivers

• Increase in Demand for Polymeric Laminates:
  The food and beverage industry relies heavily on packaging that prolongs shelf life and ensures product safety. Multilayer blown films, with their exceptional barrier properties and compliance with food safety regulations, have become a preferred choice for manufacturers worldwide.
• Rise in Popularity of Coextruded Blown Films:
  Coextruded blown films are gaining traction in sectors such as medical and healthcare for packaging drugs, sterile goods, and medical devices. Their superior sterility preservation and microbiological barrier properties enhance the integrity of delicate products during storage and transit. Recent investments, such as Pregis’s US$80 million commitment in July 2021 to develop state-of-the-art blown film extrusion facilities, are expected to further drive market growth.

Regional Outlook

Asia Pacific led the multilayer blown films market in 2023, fueled by increased demand for packaged food and rapid R&D in new product development. The region’s robust pharmaceutical industries and expanding healthcare infrastructure, particularly in emerging economies like China and India, have significantly contributed to market expansion. Population growth and evolving consumer lifestyles in Asia Pacific have also spurred growth in the food & beverage, personal care, and healthcare sectors, further driving demand for advanced packaging solutions.

Analysis of Key Players

Leading companies in the multilayer blown films market are focusing on developing eco-friendly materials and innovative designs to meet evolving consumer needs. Prominent players include:

• Scientex Berhad
• Berry Global Inc.
• Coveris
• Winpak Ltd.
• Loparex LLC
• Proampac LLC
• RKW Hyplast NV
• Borealis AG
• Korozo Ambalaj San.ve Tic A.S.
• Next Gen Films Inc.

These companies are continuously investing in research and development to improve barrier properties and reduce transportation costs through advanced packaging options.

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Key Developments

• April 2021: Berry Global Group, Inc. announced an investment of over US$70 million to support the expansion of its consumer packaging films, primarily targeting e-commerce, food, and beverage applications. The investment supports new multilayer blown film lines and infrastructure upgrades across multiple North American manufacturing sites.
• January 2024: TekniPlex Healthcare commenced operations of a new multilayer blown film production line housed in a cleanroom environment, aimed at enhancing its capabilities in producing advanced packaging films.

Market Segmentation

By Film Type:

• Shrink Film
• Stretch Film
• Specialty Film

By Material Type:

• Polyethylene (PE)
• LDPE
• LLDPE
• HDPE
• EVOH
• Polyamide
• PVdC
• EVA
• Polypropylene
• Others

By Layer Type:

• 2-Layer
• 3-Layer
• 5-Layer
• 7-Layer
• 9-Layer
• 11-Layer
• Others

By Application:

• Bags
• Pouches
• Lids
• Wraps
• Others

By End-use:

• Agriculture
• Pharmaceuticals
• Food & Beverage
• Textile
• Consumer Goods
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Frequently Asked Questions

• How big was the global multilayer blown films market in 2023?
  It was valued at US$7.0 billion in 2023.
• What is the forecast market value by 2032?
  The market is projected to reach US$11.3 billion by the end of 2032.
• What is the anticipated CAGR during the forecast period?
  The market is expected to grow at a CAGR of 4.4% from 2024 to 2032.
• What are the key factors driving the market?
  Key drivers include the increased demand for polymeric laminates and the rise in popularity of coextruded blown films.
• Which region dominated the global multilayer blown films market in 2023?
  Asia Pacific was the leading region in 2023.
• Who are the prominent manufacturers in this market?
  Leading manufacturers include Scientex Berhad, Berry Global Inc., Coveris, Winpak Ltd., Loparex LLC, Proampac LLC, RKW Hyplast NV, Borealis AG, Korozo Ambalaj San.ve Tic A.S., and Next Gen Films Inc.

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