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Based on product, the easy peel film market is segmented as high-density polyethylene (HDPE), linear low-density polyethylene (LDPE), polyethylene terephthalate, Others. high density polyethylene held a majority market value of over USD 29 billion in 2022. PE films are highly versatile and can be used for a wide range of products, contributing to their demand.
Based on application, the market is segmented as Food Packaging, Industrial Application, Pharmaceuticals, Household Products, Others. Food Packaging held a dominant easy peel film market share of over 40% in 2022 and is expected to grow at a lucrative pace till 2032. Easy peel films provide consumers with convenient access to packaged food products, enhancing the overall eating experience.
U.S. dominated the North American region with majority easy peel film market share and a revenue of over USD 16 Billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. North American consumers highly value convenience in packaging. Easy peel films align with this culture by providing user-friendly, hassle-free opening mechanisms.