US Specialty Film Demand Expected to Increase
- Published: April 21, 2005, By pffc-online.com
PRESS RELEASE
CLEVELAND, OH—According to Specialty Films, a new study from the Freedonia Group, demand for specialty films is expected to increas over 5% per year to $7.4 billion in 2009. Gains will be driven primarily by expanding demand for conductive and other films used in the electronics industry as well as certain water-soluble films—specifically fast dissolving oral strips that contain breath freshening, nutritional, or medical compounds. Light control, safety and security, and barrier packaging films will also record gains at or above the average through 2009. Decorative and breathable films will see slower increases.
| US Specialty Films Demand million dollars | |||||
|---|---|---|---|---|---|
| % Annual Growth | |||||
| Item | 1999 | 2004 | 2009 | 04/99 | 09/04 |
| Specialty Films Demand | 4,748 | 5,766 | 7,410 | 4.0 | 5.1 |
| Barrier Films | 2,140 | 2,835 | 3,660 | 5.8 | 5.2 |
| Decorative Films | 1,080 | 1,110 | 1,280 | 0.5 | 2.9 |
| Breathable Films | 393 | 495 | 595 | 4.7 | 3.7 |
| Conductive Films | 505 | 481 | 720 | -1.0 | 8.4 |
| Water-Soluble Films | 34 | 120 | 220 | 28.7 | 12.9 |
| Safety/Secure, Light Control & Other | 596 | 725 | 935 | 4.0 | 5.2 |
| Source: ©2003 by The Freedonia Group | |||||
Barrier films represent the largest group of specialty films, accounting for nearly half of total demand in 2004. Growth areas for these films— used primarily in packaging applications—include modified atmosphere packaging (MAP), controlled atmosphere packaging (CAP), and case-ready meat packaging, as well as a wide variety of pouches, bags, and liners with improved barrier qualities.
Specialty Films is available for $4,100 from The Freedonia Group. For further details, please contact Corinne Gangloff, 440/684-9600 or This email address is being protected from spambots. You need JavaScript enabled to view it., or visit freedoniagroup.com.
