The EVA coated film market size is projected to be worth US$ 242.1 million in 2023. The market is likely to surpass US$ 390.6 million by 2033 at a CAGR of 4.9% during the forecast period. The market growth is being propelled by increasing demand for sustainable packaging as EVA coated film are an innovative and eco-friendly solution for the reduction of the carbon footprint and waste management of plastics. Rising investment on design & research, along with product maximization are among the few factors that bolster the EVA coated film market growth across the globe. Additional key benefits of EVA coated film such as high transparency, greater tearing resistance, good printability, effective barrier properties attract substantial portion of manufacturers in the market.
Other Drivers Propelling the Demand for EVA Coated Film include:
Challenges for Companies /Manufacturers in the EVA Coated Film Market:
Opportunities in the EVA Coated Film Industry:
Latest Trends in the Electrostatic Precipitator Market:
Attribute | Details |
---|---|
EVA Coated Film Market Size (2023) | US$ 242.1 million |
EVA Coated Film Market Projected Size (2033) | US$ 390.6 million |
Value CAGR (2023 to 2033) | 4.9% |
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From 2018 to 2022, the global EVA coated film market experienced a CAGR of 3.8%, reaching a market size of US$ 242.1 million in 2023.
From 2018 to 2022, the global EVA coated film industry witnessed steady growth as flexible packaging solutions witnessed significant demand from key industries such as food & beverage, construction, packaging, pharmaceuticals, and others. A massive range of buyers from different countries was targeting almost every niche segment within the flexible packaging industry including EVA coated film. Over the year, the EVA coated film witnessed consistent growth over the years owing to its versatile properties.
Looking ahead, the global EVA coated film industry is expected to rise at a CAGR of 4.9% from 2023 to 2033. During the forecast period, the market size is expected to reach US$ 390.6 million.
The EVA coated film industry is expected to continue its growth trajectory from 2023 to 2033, as the consumers have become more environmentally conscious, the preference for sustainable and non-toxic packaging solutions has increased, thus this will boost the EVA coated film market. Due to the Covid-19 pandemic, manufacturers have become more aware food safety regulations, environmental standards, and industry-specific certifications. The EVA coated film complies with US FDA, EC and REACH regulations for food contact, thus EVA coated films will be essential for market growth and customer trust.
Country | China |
---|---|
Market Size (US$ million) by End of Forecast Period (2033) | US$ 50.8 million |
CAGR % 2023 to End of Forecast (2033) | 5.7% |
The EVA coated film industry in the China is expected to reach a market share of US$ 50.8 million by 2033, expanding at a CAGR of 5.7%. The Chinese government has implemented various policies and initiatives to promote sustainable development, including the use of eco-friendly materials and technologies. Government spending on industrial, infrastructure, and renewable energy initiatives helps to increase demand for EVA coated films.
Country | India |
---|---|
Market Size (US$ million) by End of Forecast Period (2033) | US$ 38.5 million |
CAGR % 2023 to End of Forecast (2033) | 6.3% |
The EVA coated film industry in India is expected to reach a market share of US$ 38.5 million, expanding at a CAGR of 6.3% during the forecast period. According to India Brand Equity Foundation (IBEF), India is undergoing expansion in the e-commerce and retail sectors. The e-commerce market in India is expected to reach US$ 350 billion by 2030. This will generate significant growth opportunities for EVA coated film market.
The specialty films segment is expected to dominate the EVA coated film industry with a CAGR of 5.9% from 2022 to 2033. This segment captures a significant market share in 2023 due to its various distinct properties such as barrier properties, anti-static properties and others. The specialty films can be customized according to the customers’ requirements, thus providing flexibility to EVA coating film to meet the requirements of various end use industries.
The food and beverage industry is expected to dominate the EVA coated film industry with a CAGR of 5.5% from 2022 to 2033. This segment captures a significant market share in 2023 as the manufacturers ensure the packaging that maintains product safety, shelf life, and compliances regulations for food contact. The EVA coated film assures all these factors, thus the demand for EVA coated film in the food and beverage market will grow.
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The EVA coated film industry is highly competitive, with numerous players vying for market share. In such a scenario, key players must adopt effective strategies to stay ahead of the competition.
Key Strategies Adopted by the Players
Companies are focuses on sustainable development by implementing eco-friendly manufacturing practices.
Key players in the industry often form strategic partnerships and collaborations with other companies to leverage their strengths and expand their reach in the market.
The EVA coated film industry is witnessing significant growth in emerging markets such as China and India.
The global EVA coated film industry is expected to hit a value of US$ 242.1 million by 2023.
The EVA coated film demand is set to expand by 4.9% during the assessment period.
The food & beverage industry is projected to hold the dominant share of the market.
The market is predicted to exceed US$ 390.6 million by 2033.
The North America offers key opportunities for new entrants in the EVA coated film industry.
1. Executive Summary 1.1. Global Market Outlook 1.2. Market Analysis 1.3. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Sustainable Trends 3.3. Technological Trends 3.4. Product Innovation / Development Trends 4. Key Success Factors 4.1. Product Adoption / Usage Analysis 4.2. Product USPs / Features 4.3. Strategic Promotional Strategies 4.4. Go-to-market Strategies 5. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033 5.1. Historical Market Volume (Units) Analysis, 2018 to 2022 5.2. Current and Future Market Volume (Units) Projections, 2023 to 2033 5.3. Y-o-Y Growth Trend Analysis 6. Global Market - Pricing Analysis 6.1. Regional Pricing Analysis 6.2. Global Average Pricing Analysis Benchmark 7. Global Market Demand (in Value or Size in US$ Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033 7.1. Historical Market Value (US$ Million) Analysis, 2018 to 2022 7.2. Current and Future Market Value (US$ Million) Projections, 2023 to 2033 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Market Background 8.1. Global Packaging Machinery Market Overview 8.2. Forecast Factors - Relevance & Impact 8.3. Value Chain Analysis & Profitability Margin 8.3.1. Exhaustive List of Component Suppliers 8.3.2. Exhaustive List of Distribution Machines/ Converters/Distributors 8.3.3. Exhaustive List of Brand Owners/ Customer Base 8.4. Case-based Scenario - Impact Assessment 8.4.1. Current Statistics 8.4.2. Short-Mid-Long Term Outlook 8.4.3. Likely Rebound 8.5. Market Dynamics 8.5.1. Drivers 8.5.2. Restraints 8.5.3. Opportunity Analysis 8.6. Supply Demand Analysis 8.6.1. Import /Export Analysis 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Film Type 9.1. Introduction/Key Findings 9.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Machine Type, 2018 to 2022 9.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Machine Type, 2023 to 2033 9.3.1. Heat Sealable Films 9.3.2. Laminating Films 9.3.3. Speciality Films 9.4. Market Attractiveness Analysis By Film Type 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Application, 2018 to 2022 10.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Application, 2023 to 2033 10.3.1. Packaging 10.3.2. Laminates 10.3.3. Labels 10.3.4. Tapes 10.3.5. Others (Solar Panel, etc.) 10.4. Market Attractiveness Analysis By Application 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By End Use, 2018 to 2022 11.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By End Use, 2023 to 2033 11.3.1. Food and Beverage 11.3.2. Pharmaceuticals 11.3.3. Electrical & Electronics 11.3.4. Automotive 11.3.5. Construction 11.3.6. Others (Energy, Textiles, Cosmetics, Agriculture, etc.) 11.4. Market Attractiveness Analysis By End Use 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 12.1. Introduction / Key Findings 12.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Region, 2018 to 2022 12.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Region, 2023 to 2033 12.3.1. North America 12.3.2. Latin America 12.3.3. East Asia 12.3.4. South Asia & Pacific 12.3.5. Western Europe 12.3.6. Eastern Europe 12.3.7. Central Asia 12.3.8. Russia & Belarus 12.3.9. Balkan & Baltic Countries 12.3.10. Middle East and Africa (MEA) 12.4. Market Attractiveness Analysis By Region 13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 13.1. Introduction / Key Findings 13.2. Historical Market Size (US$ Million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022 13.3. Current Market Size (US$ Million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033 13.3.1. By Region 13.3.1.1. USA 13.3.1.2. Canada 13.3.2. By Application 13.3.3. By Film Type 13.3.4. By End Use 13.4. Market Attractiveness Analysis 13.4.1. By Region 13.4.2. By Application 13.4.3. By Film Type 13.4.4. By End Use 14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 14.1. Introduction / Key Findings 14.2. Historical Market Size (US$ Million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022 14.3. Current Market Size (US$ Million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033 14.3.1. By Region 14.3.1.1. Brazil 14.3.1.2. Mexico 14.3.1.3. Argentina 14.3.1.4. Rest of Latin America 14.3.2. By Application 14.3.3. By Film Type 14.3.4. By End Use 14.4. Market Attractiveness Analysis 14.4.1. By Region 14.4.2. By Application 14.4.3. By Film Type 14.4.4. By End Use 15. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 15.1. Introduction / Key Findings 15.2. Historical Market Size (US$ Million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022 15.3. Current Market Size (US$ Million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033 15.3.1. By Region 15.3.1.1. China 15.3.1.2. Japan 15.3.1.3. South Korea 15.3.2. By Application 15.3.3. By Film Type 15.3.4. By End Use 15.4. Market Attractiveness Analysis 15.4.1. By Region 15.4.2. By Application 15.4.3. By Film Type 15.4.4. By End Use 16. South Asia & Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033 16.1. Introduction / Key Findings 16.2. Historical Market Size (US$ Million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022 16.3. Current Market Size (US$ Million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033 16.3.1. By Region 16.3.1.1. India 16.3.1.2. ASEAN 16.3.1.3. Australia & New Zealand 16.3.2. By Application 16.3.3. By Film Type 16.3.4. By End Use 16.4. Market Attractiveness Analysis 16.4.1. By Region 16.4.2. By Application 16.4.3. By Film Type 16.4.4. By End Use 17. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17.1. Introduction / Key Findings 17.2. Historical Market Size (US$ million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022 17.3. Current Market Size (US$ million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033 17.3.1. By Region 17.3.1.1. Germany 17.3.1.2. France 17.3.1.3. Spain 17.3.1.4. Italy 17.3.1.5. United Kingdom 17.3.1.6. BENELUX 17.3.1.7. Nordics 17.3.1.8. Rest of Western Europe 17.3.2. By Application 17.3.3. By Film Type 17.3.4. By End Use 17.4. Market Attractiveness Analysis 17.4.1. By Region 17.4.2. By Application 17.4.3. By Film Type 17.4.4. By End Use 18. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 18.1. Introduction / Key Findings 18.2. Historical Market Size (US$ million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022 18.3. Current Market Size (US$ million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033 18.3.1. By Region 18.3.1.1. Poland 18.3.1.2. Hungary 18.3.1.3. Austria 18.3.1.4. Czech Republic 18.3.1.5. Rest of Eastern Europe 18.3.2. By Application 18.3.3. By Film Type 18.3.4. By End Use 18.4. Market Attractiveness Analysis 18.4.1. By Region 18.4.2. By Application 18.4.3. By Film Type 18.4.4. By End Use 19. Central Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 19.1. Introduction / Key Findings 19.2. Historical Market Size (US$ million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022 19.3. Current Market Size (US$ million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033 19.3.1. By Region 19.3.1.1. Kazakhstan 19.3.1.2. Kyrgyzstan 19.3.1.3. Tajikistan 19.3.1.4. Turkmenistan 19.3.1.5. Uzbekistan 19.3.2. By Application 19.3.3. By Film Type 19.3.4. By End Use 19.4. Market Attractiveness Analysis 19.4.1. By Region 19.4.2. By Application 19.4.3. By Film Type 19.4.4. By End Use 20. Russia & Belarus Market Analysis 2018 to 2022 and Forecast 2023 to 2033 20.1. Introduction / Key Findings 20.2. Historical Market Size (US$ million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022 20.3. Current Market Size (US$ million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033 20.3.1. By Region 20.3.1.1. Russia 20.3.1.2. Belarus 20.3.2. By Application 20.3.3. By Film Type 20.3.4. By End Use 20.4. Market Attractiveness Analysis 20.4.1. By Region 20.4.2. By Application 20.4.3. By Film Type 20.4.4. By End Use 21. Balkan Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033 21.1. Introduction / Key Findings 21.2. Historical Market Size (US$ million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022 21.3. Current Market Size (US$ million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033 21.3.1. By Region 21.3.1.1. Romania 21.3.1.2. Greece 21.3.1.3. Bulgaria 21.3.2. By Application 21.3.3. By Film Type 21.3.4. By End Use 21.4. Market Attractiveness Analysis 21.4.1. By Region 21.4.2. By Application 21.4.3. By Film Type 21.4.4. By End Use 22. Baltic Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033 22.1. Introduction / Key Findings 22.2. Historical Market Size (US$ million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022 22.3. Current Market Size (US$ million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033 22.3.1. By Region 22.3.1.1. Lithuania 22.3.1.2. Estonia 22.3.1.3. Latvia 22.3.2. By Application 22.3.3. By Film Type 22.3.4. By End Use 22.4. Market Attractiveness Analysis 22.4.1. By Region 22.4.2. By Application 22.4.3. By Film Type 22.4.4. By End Use 23. Middle East & Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033 23.1. Introduction / Key Findings 23.2. Historical Market Size (US$ million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022 23.3. Current Market Size (US$ million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033 23.3.1. By Region 23.3.1.1. GCC Countries 23.3.1.2. Turkey 23.3.1.3. Northern Africa 23.3.1.4. South Africa 23.3.1.5. Israel 23.3.2. By Application 23.3.3. By Film Type 23.3.4. By End Use 23.4. Market Attractiveness Analysis 23.4.1. By Region 23.4.2. By Application 23.4.3. By Film Type 23.4.4. By End Use 24. Region wise Market Analysis 2023 & 2033 24.1. USA Market Analysis 24.1.1. By Application 24.1.2. By Film Type 24.1.3. By End Use 24.2. Canada Market Analysis 24.2.1. By Application 24.2.2. By Film Type 24.2.3. By End Use 24.3. Brazil Market Analysis 24.3.1. By Application 24.3.2. By Film Type 24.3.3. By End Use 24.4. Mexico Market Analysis 24.4.1. By Application 24.4.2. By Film Type 24.4.3. By End Use 24.5. Germany Market Analysis 24.5.1. By Application 24.5.2. By Film Type 24.5.3. By End Use 24.6. UK Market Analysis 24.6.1. By Application 24.6.2. By Film Type 24.6.3. By End Use 24.7. Spain Market Analysis 24.7.1. By Application 24.7.2. By Film Type 24.7.3. By End Use 24.8. France Market Analysis 24.8.1. By Application 24.8.2. By Film Type 24.8.3. By End Use 24.9. Italy Market Analysis 24.9.1. By Application 24.9.2. By Film Type 24.9.3. By End Use 24.10. Russia Market Analysis 24.10.1. By Application 24.10.2. By Film Type 24.10.3. By End Use 24.11. China Market Analysis 24.11.1. By Application 24.11.2. By Film Type 24.11.3. By End Use 24.12. Japan Market Analysis 24.12.1. By Application 24.12.2. By Film Type 24.12.3. By End Use 24.13. India Market Analysis 24.13.1. By Application 24.13.2. By Film Type 24.13.3. By End Use 24.14. GCC Countries Market Analysis 24.14.1. By Application 24.14.2. By Film Type 24.14.3. By End Use 24.15. Australia Market Analysis 24.15.1. By Application 24.15.2. By Film Type 24.15.3. By End Use 25. Market Structure Analysis 25.1. Market Analysis by Tier of Companies 25.2. Market Share Analysis of Top Players 25.3. Market Presence Analysis 26. Competition Analysis 26.1. Competition Dashboard 26.2. Competition Benchmarking 26.3. Competition Deep Dive 26.3.1. Jindal Poly Films 26.3.1.1. Overview 26.3.1.2. Product Portfolio 26.3.1.3. Profitability by Market Segments (Application/Product/Region) 26.3.1.4. Sales Footprint 26.3.1.5. Strategy Overview 26.3.2. Cosmo Films Ltd. 26.3.2.1. Overview 26.3.2.2. Product Portfolio 26.3.2.3. Profitability by Market Segments (Application/Product/Region) 26.3.2.4. Sales Footprint 26.3.2.5. Strategy Overview 26.3.3. Easter Industries 26.3.3.1. Overview 26.3.3.2. Product Portfolio 26.3.3.3. Profitability by Market Segments (Application/Product/Region) 26.3.3.4. Sales Footprint 26.3.3.5. Strategy Overview 26.3.4. SHANGHAI CN FILMS COMPANY 26.3.4.1. Overview 26.3.4.2. Product Portfolio 26.3.4.3. Profitability by Market Segments (Application/Product/Region) 26.3.4.4. Sales Footprint 26.3.4.5. Strategy Overview 26.3.5. Shijiazhuang dadao Packaging materials Co. 26.3.5.1. Overview 26.3.5.2. Product Portfolio 26.3.5.3. Profitability by Market Segments (Application/Product/Region) 26.3.5.4. Sales Footprint 26.3.5.5. Strategy Overview 26.3.6. Flex Films 26.3.6.1. Overview 26.3.6.2. Product Portfolio 26.3.6.3. Profitability by Market Segments (Application/Product/Region) 26.3.6.4. Sales Footprint 26.3.6.5. Strategy Overview 26.3.7. Polyplex 26.3.7.1. Overview 26.3.7.2. Product Portfolio 26.3.7.3. Profitability by Market Segments (Application/Product/Region) 26.3.7.4. Sales Footprint 26.3.7.5. Strategy Overview 27. Assumptions and Acronyms Used 28. Research Methodology
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