Total sales volume, year-over-year growth, product categories, and market share.
High Performance MDO Films Market Defination
The high performance MDO films market is growing due to the expanding healthcare, wellness, food and beverage, and packaging industries. The films create a barrier and improve the strength, mechanical, and optical qualities, making it ideal for food and beverage packaging. The advent of e-commerce and significant growth in the packaged food and beverage space has provided a considerable boost to the market.
Despite the films’ many advantages, fluctuating raw material costs and environmental concerns around plastic pollution are restricting growth in the market. The market is still expected to see several growth opportunities due to the continued growth of the food and beverage packaging industry, especially in terms of preserved foods including ready-to-eat and ready-to-cook products.