Global Cellulose Film Packaging Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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“Global Cellulose Film Packaging Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global cellulose film packaging market report has been segmented on the basis of film type, source, end use industry, application, and region.
Global Cellulose Film Packaging Market: Overview
Cellulose film packaging also known as bio-compostable packaging, is increasingly used in the form of pouches or bags in personal care and food and beverage sector. Increasing awareness regarding environmental concerns, biodegradable nature of cellulose film has made it an ideal choice for the development of sustainable solutions for packaging.
Global Cellulose Film Packaging Market: Dynamics
Cellulose films are becoming popular and widening application among various end user industries including food and beverages, personal care, and pharmaceuticals for packaging, are some factors driving market towards growth. In addition, stringent rules regarding usage of non-recyclable material such as plastics for packaging is influencing adoption of eco-friendly packaging solution, i.e. cellulose film. Moreover, increasing utilization of personal care products is expected to propel demand for these film for packaging, which is expected to drive growth of the target market over the forecast period.
However, fluctuating cost of raw materials required for production of cellulose films is one of the major factor projected to hamper target market growth. In addition, availability of alternative and cost effective solution, may hamper growth of the target market.
Global Cellulose Film Packaging Market: Segmental Analysis
Among the source segments, the cotton segment is anticipated to account for significant revenue share, owing to ease of availability.
Among the film type segments, the transparent film segment is expected to register significant growth, owing to its characteristics such as transparency and sturdiness.
Among the end use segments, the segment is projected to register substantial growth, owing to
Among the application segments, the food and beverages segment is projected to contribute majority revenue shares, owing to high demand for cellulose films for packaging the food products.
Global Cellulose Film Packaging Market: Regional Analysis
European market for cellulose film is expected to register substantial growth, owing to increasing government initiatives regarding reducing greenhouse gas effect. According to study conducted in Europe by Madano communications Thinking in 2016, consumers react positively toward businesses which uses cellulose film packaging for packaging products.
North America cellulose film market is projected to contribute significant revenue shares, owing to increasing consumption of packaged food. Moreover, packaging businesses is expected to focus on material improvements to meet a wider scope of packaging needs.
Cellulose film market in Asia Pacific is expected to account for major revenue shares in global market, owing to growing food and beverages industry. In addition, strong base of manufacturing and easy availability of raw materials are some additional factors expected to propel growth of the target market. Rapid growth of the retail industry including food retail chains, and departmental stores in emerging countries such as India and China is another factor expected to fuel growth of the target market in this region.
Global Cellulose Film Packaging Market Segmentation:
Segmentation by Film Type:
- Colored Film
- Transparent Film
- Metalized Film
Segmentation by Source:
Segmentation by End Use Industry:
- Food & Beverage
- Personal Care
Segmentation by Application:
- Bags & Pouches
- Release Liners
- Wrapping Films
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Futamura Chemical Co., Ltd.
- Hubei Golden Ring Co. Ltd.
- Celanese Corporation
- Weifang Henglian Cellophane Co. Ltd.
- Eastman Chemical Company
- Chengdu Huaming Cellophane Co. Ltd.
- Tembec Inc.
- Sappi Limited
- Rotofil Srl
- Rhodia Acetow GmbH
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