Development prospect of POF heat shrinkable film
In the current environment of environmental protection advocated by all countries in the world, POF has gradually become the fastest growing market demand for the most widely used heat shrinkable film products.From 2004 to 2008, the global output value of POF heat shrinkable film increased from usd 1.14 billion to USD 1.4 billion, with an average annual growth rate of 5.35%.At present, the global annual demand for POF heat shrinkable film is more than 300,000 tons, among which the annual demand in the United States is the largest, about 80,000 tons.China's POF heat shrinkable film production started late, but its development speed is fast. Currently, China has become the world's largest PRODUCER of POF heat shrinkable film, second only to the United States and third only to Japan, with a market size of about 20,000 tons.The world's top three countries POF heat shrinkable film application volume accounts for about 50% of the global market.
The rapid growth of China's POF market mainly comes from two aspects: 1. The original growth force, the demand of downstream FMCG and other industries grows rapidly.2. As an alternative growth engine, POF has irreplaceable advantages over other products due to technological innovation of middle and upstream products, which enables it to gradually replace the original packaging materials in various fields.
POF heat shrinkable film is mainly used for outer packaging of food, beverage, medicine, electrical and electronic products, toys, stationery, books and periodicals audio and video products, cosmetics, handicrafts, daily necessities, industrial supplies, etc. It is a functional and environmentally friendly plastic packaging material.POF heat shrinkable film refers to printing film, carton packaging, can reduce more than half of the packaging cost.
Advantages of POF heat shrinkable film
Global market size forecast
Article classification: Industry Dynamics