World Plastic Sheet, Plate and Film Market to Grow 1.5% Annually

Date: 2015-11-23

Global demand for plastic sheets, plates and film is forecast to expand 1.5% p.a. between 2015 and 2019. China, Japan, South Korea, Tanzania and the United States are considered the highest potential markets in the coming years. 

According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global plastic sheet, plate and film industry is forecast to reach 1.5% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 5.7%. Currently, not cellular/reinforced plastic sheets, plates and film account for 57.3% of the global demand while the remaining market share is divided between self-adhesive plastic sheets, plates and film (20.8%), cellular plastic sheets, plates and film (9.5%) and other plastic sheets, plates and film (12.4%).

China, Germany, Japan, South Korea and the United States represent the largest plastic sheet, plate and film markets while the strongest annual growth is forecast to occur in Tanzania (14.9%), Vietnam (11.3%), Jordan (11.1%), Philippines (9.2%) and Ethiopia (7.7%).

Based on in-house analysis and an advanced model which takes into consideration the actual market size, trends, forecast market growth, and changes in the market environment, Global Research and Data Services calculates the Market Potential Rates, the predicted market potential of the country in the coming years. The larger the Market Potential Rate, the more potential the market has in the coming years; and conversely, the smaller the rate, the less potential the market is considered to have in the future. Based on these Market Potential Rates, the top 20 highest potential plastic sheet, plate and film markets in the coming years are:

Ranking

Country

Market Potential Rate

1

China

0.37

2

Japan

0.30

3

United States

0.28

4

South Korea

0.18

5

Tanzania

0.15

6

Vietnam

0.11

7

Jordan

0.11

8

Germany

0.10

9

Philippines

0.09

10

India

0.09

11

Poland

0.08

12

Ethiopia

0.08

13

Kenya

0.07

14

United Kingdom

0.07

15

Macedonia

0.07

16

Bangladesh

0.07

17

France

0.07

18

Italy

0.06

19

Brazil

0.06

20

Morocco

0.06

Contact With Us
Join templatemonster at google+
Customized Research
Request Sample