There are good reasons to use low-density polyethylene, but depending on the type of product you're manufacturing, there are also disadvantages to be wary of.
Advantages:
Flexible: LDPE bends, stretches, and has low crystallinity.
Moisture resistance: LDPE has no problem deflecting moisture and water.
Impact and chemical resistance: LDPE won't break down if it's exposed to diluted or concentrated chemicals.
Low price point: LDPE is fairly cheap to produce and can be recycled.
Disadvantages:
Cracking and lower strength: LDPE might crack or break when it has to hold heavier objects.
Has a Max Temperature: LDPE can handle pretty hot temperatures, but above 221 degrees Fahrenheit, it will start melting.
High gas permeability: Gasses like carbon dioxide can easily slide through LDPE.
Poor UV resistance: LDPE struggles to keep its shape, color, and integrity when it's exposed to UV rays.
Recycling can be tricky: LDPE is recyclable, but not every product made of it can go in standard home or business recycling containers. It will need to be sorted properly or specially processed at particular facilities, especially for softer, more flexible items like cling film.
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