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Machine-Direction Orientation (MDO) Films Market Size 2023 | Industry Share, Trends, Growth 2028

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IMARC Group, a leading market research company, has recently releases report titled “Machine-Direction Orientation (MDO) Films Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global machine-direction orientation (MDO) films market share, size, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the machine-direction orientation (MDO) films market?

Report Attributes Details
Market Size in 2022 US$ 4.13 Billion
Market Forecast in 2028 US$ 5.37 Billion
Growth rate (2023 to 2028) CAGR of 4.37%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What is machine-direction orientation (MDO) films?

Machine-direction orientation (MDO) films refer to polymer films that undergo a process of heating and stretching to a particular orientation slightly below their melting point. They are manufactured using various materials such as linear low-density polyethylene (LLDPE), ethyl vinyl alcohol (EVOH), polypropylene (PP), polyethylene terephthalate (PET), and high-density polyethylene (HDPE). They possess increased stiffness, elevated moisture, water vapor barrier, improved optical clarity, and reduced structure weight. As a result, MDO films find extensive applications in healthcare, homecare, agriculture, and personal care industries across the globe.

Request for a free sample copy of this report: https://www.imarcgroup.com/machine-direction-orientation-films-market/requestsample

What are the growth prospects and trends in the machine-direction orientation (MDO) films?

The market is primarily driven by rising product demand from the packaging industry. Moreover, the surging adoption of MDO films in the food and beverage (FB) industry due to the rising preference for convenient packaging solutions is positively influencing the market growth. Additionally, rising demand for ready-to-eat (RTE) and ready-to-cook packaging among consumers due to their hectic schedules and busy lifestyles has catalyzed market growth. Furthermore, the rising demand for MDO films that are biodegradable, environment-friendly, and recyclable is contributing to the market growth. Other factors, including rising demand for polypropylene (PP) due to its numerous desirable properties, widespread product adoption in the personal care industry, and increasing demand for improved packaging performance.

What is included in market segmentation?

The report has segmented the market into the following categories:

Material Type Insights:

  • Polypropylene (PP)
  • High Density Polyethylene (HDPE)
  • Linear Low Density Polyethylene (LLDPE)
  • Linear Density Polyethylene (LDPE)
  • Polyamide (PA)
  • Ethyl Vinyl Alcohol (EVOH)
  • Polyethylene Terephthalate (PET)
  • Others

Manufacturing Process Insights:

  • Cast Films
  • Blown Films

Application Insights:

  • Bags and Pouches
  • Shrink Labels
  • Shrink Wrap
  • Agro Textile
  • Tapes
  • Liners
  • Others

End Use Industry Insights:

  • Food and Beverages
  • Healthcare
  • Personal Care
  • Homecare
  • Agriculture
  • Others

Breakup by Geography:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Avery Dennison Corporation
  • Borealis AG
  • CCL Label Eclipse Films
  • Coveris
  • Davis-Standard LLC
  • Futamura Group
  • Lenzing Plastics GmbH Co KG
  • Polysack Plastic Industries Ltd.
  • Toray Industries Inc.
  • Trico Specialty Films LLC
  • Windmöller
  • Hölscher

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=6936&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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