The blown film extrusion line is a specialized production line for producing plastic films. Its core equipment includes an extruder, through which plastic particles are heated and melted before being extruded and blow molded into films.
Overview of Market Development
The global blown film extrusion line market is experiencing steady growth, with the market size continuing to expand, mainly due to the rapid development of the packaging industry and continuous innovation in blown film technology. According to our research data, the estimated revenue scale of the global blown film extrusion line market in 2024 is $1106 million, an increase of 8.22% compared to 2023.
In the next few years, with the advancement of technology and the expansion of the market, it is expected that the blown film industry will usher in broader development space, especially in the plastic packaging industry. By 2029, the global blown film extrusion line market revenue is expected to increase to $1408 million. The CAGR for 2024-2029 is estimated to be 4.95%.
Segmented Market Analysis
From the perspective of types, according to the different layers of blown film, the blown film extrusion line market can be subdivided into several categories such as 5-layer film, 3-layer film, and 7-layer film. Among them, the 5-layer film sub category dominates the market, with an estimated market share of 35.66% in 2024.
From the perspective of downstream application patterns, the blown film extrusion line market can be divided into food packaging, industrial packaging, and agricultural films. Among them, the food packaging industry holds a dominant position, with an expected market share of 81.95% by 2024.
Global Blown Film Extrusion Line Market Revenue Forecast and Market Segment Analysis
Source: www.globalmarketmonitor.com
Market Analysis of Major Regions/Countries
From a regional perspective, the global blown film extrusion line market is mainly concentrated in the three major regions of North America, Europe, and Asia Pacific. Among them, the Asia Pacific region is the largest revenue market, with its blown film extrusion line market accounting for over 40% of the global total revenue.
From a national perspective, China is the largest revenue generating country. Data shows that the estimated market revenue for blown film extrusion lines in China in 2024 is $283 million, with an expected revenue share of 25.54%.
Global Blown Film Extrusion Line Market Revenue and Revenue Share by Region/Country Forecast in 2024
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Regions/Countries
|
Market Revenue (Million USD)
|
Revenue Share
|
|
US
|
262
|
23.65%
|
|
Europe
|
253
|
22.88%
|
|
China
|
283
|
25.54%
|
|
Japan
|
92
|
8.35%
|
|
India
|
41
|
3.59%
|
|
Southeast Asia
|
40
|
3.57%
|
|
Latin America
|
62
|
5.56%
|
|
Middle East & Africa
|
28
|
2.57%
|
|
Others
|
47
|
4.28%
|
Source:
www.globalmarketmonitor.com
For more industry information, please refer to our latest released "2023 Global Blown Film Extrusion Lines Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".
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