US demand for plastic film is expected to grow 1.5% per year through 2018
US demand for plastic film is expected to grow 1.5% per year through 2018 to 16.4 billion pounds, resulting in sales of $26.2 billion. Acceleration in manufacturing output and disposable income bode well for plastic film sales in a wide range of markets. Expected price stabilization from increased plastic resin supply will improve the cost-competitiveness of plastic film, allowing it to replace paper and other materials in multiple applications. Increased penetration of pouches, which provide convenience and functionality in new markets, will also boost demand for plastic film. However, environmental concerns will hinder plastic film growth in some applications, particularly plastic retail bags.