MDO Films Market To Reflect Impressive Growth Rate By 2020 - 2026
MDO Films Market Records Impressive Growth Backed by Demand from F&B Sector: TMR According to a recent study by Transparency Market Research (TMR), the MDO films market is well positioned to expand by 1.4x of its current market value by the end of 2026. The rising demand for packaging solutions in diverse industries such as food & beverages, healthcare, personal care, agriculture, and others will support growth of the market between 2020 and 2026. The TMR study offers some very crucial insights into the market. For instance, it uncovers hidden growth prospects and gauges investment feasibility across various segments. Some of the key takeaways from the report are highlighted below: Manufacturers are likelier to opt for polypropylene (PP) plastic to produce lightweight MDO films. In terms of materials, the PP segment is forecast to hold the dominant share of 45% in the market Among manufacturing processes, blown films will account for more than 2/3 rd of ...