The global functional films market has been segmented into seven regions – North America, Latin America, Eastern Europe, Western Europe, and Asia Pacific excluding Japan (APEJ), Middle East & Africa, and Japan. Among these regions, APEJ accounted for leading market share of 54.8% in 2014. Emerging economies, such as Asia Pacific excluding Japan (APEJ) and Latin America accounted for significant market share, which is anticipated to increase at a CAGR of 5.8% and 5.7% respectively over the forecast period.