The latest report from plastics and composites testing company Smithers Rapra shows that the global demand for plastic films will grow at an average annual rate of 4% in the next 5 years. The global demand for plastic films in 2016 was 61.3 million tons, and it is predicted that by 2021, this number will reach 73.3 million tons.
According to reports, in 2015, the largest plastic film market was automatic packaging films, with sales of 20 million tons, and the second largest was plastic bags. The total sales of bags were 19.7 million tons, but in the next five years, due to some bans and levies Tax policy, the growth of the data will be at a lower level.