Cellulose Film Packaging Market

Cellulose Film Packaging Market: Bags & Pouches to Remain Largest Application Segment Through 2028: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 - 2028

  • 2018-09-26
  • REP-GB-2103
  • 299 pages
  • PDF PPT EXCEL
 Cellulose Film Packaging Market

An Incisive, In-depth Analysis on the Cellulose Film Packaging Market

This study offers a comprehensive, 360 degree analysis on the Cellulose Film Packaging market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Cellulose Film Packaging market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Global Cellulose Film Packaging Market Analysis: More Than 70% of the Revenue to be Generated by the Food & Beverage Segment in 2018, Which is Expected to Increase Further by the End of 2028

The global market for cellulose film packaging was valued at US$ 619.8 Mn in 2017 and is projected to expand at a CAGR of 4.9% during the forecast period (2018-2028).

In terms of application, bags & pouches is expected to be the most attractive material segment in the cellulose film packaging market across the globe. Landfilling problems are majorly caused by extensive use of conventional plastic bags, pouches, bottles, etc. As cellulose films are compostable and biodegradable in nature, they reduce the landfilling issues by a considerable extent. The global cellulose film packaging is expected to be largely influenced by growing demand from food & beverage and personal care industries. 

Drivers & Restraints

The key driver supporting the growth of global cellulose film packaging market is the biodegradable nature of Cellulose film packaging. With growing awareness about sustainable packaging solutions, packaging manufacturers are constantly focusing on developing biodegradable plastics that will reduce the carbon footprint. Tax exemption by governments for bioplastic resin manufacturing is also promoting the growth of the cellulose film packaging market. Furthermore, cellulose film packaging manufacturers are given several certifications from several governments, such as EN 13432, ASTM 6400, Compostable Kompostierbar 7P0085, etc. to promote their adoption.  According to the study conducted by Madano communications Thinking in 2016, consumers in Europe react positively toward businesses that use cellulose film packaging in their packaging products. This is expected to boost the growth of the global cellulose film packaging market during the forecast period. Despite the positive outlook, there are certain factors which might hinder the growth of the global cellulose film packaging market during the forecast period. High prices of raw materials used in cellulose film packaging are capable of hampering the growth of the global cellulose film packaging market. The processing cost and labour cost of cellulose film packaging is comparatively higher than that for normal plastic packaging. In addition to this, cellulose film packaging products faces stiff competition from conventional plastic packed products.

Market Taxonomy

The global market for cellulose film packaging is segmented by film type, source, application and end-use industry.

By film type, the global cellulose film packaging market is segmented into:

  • Transparent Film

  • Colored Film

  • Metalized Film

By source, the global cellulose film packaging market is segmented into:

  • Wood

  • Cotton

By application, the global cellulose film packaging market is segmented into:

  • Bags & Pouches

  • Labels

  • Tapes

  • Release Liners

  • Wrapping Films

By end use industry, the global cellulose film packaging market is segmented into:

  • Food & Beverage

  • Pharmaceuticals

  • Personal Care

  • Homecare

  • Retail

The bags & pouches segment is expected to drive the global cellulose film packaging market, in terms of revenue, during the forecast period. As per volumetric analysis, the transparent films segment is projected to dominate the cellulose film packaging market. Cellulose film packaging manufacturers are gaining popularity due to their wide applications in agriculture, consumer electronics, automotive and textiles industry, etc. Global companies’ initiatives will further encourage consumers to use cellulose film packaging products. The companies of cellulose film packaging has gained significant opportunity.

Key Developments of cellulose film packaging market

  • In March 2018, Futamura partnered with sustainable packaging manufacturer, Bio4Pack, to create a compostable pack for Dutch organic cereal producer, De Halm, using Nature FlexTM and Tipafilm.

  • In August 2014, Scientex Berhad joint ventured with Futamura Group to build a biaxially-oriented polypropylene (BOPP) plant in Malaysia

  • In July 2015, the company acquired 5% stake in Scientex Great Wall Sdn Bhd (SGW) for RM40 million

  • In March 2018, Futamura partnered with sustainable packaging manufacturer, Bio4Pack, to create a compostable pack for Dutch organic cereal producer, De Halm, using Nature FlexTM and Tipafilm.

Acquisitions in cellulose film packaging market

  • In June 2016, Futamura Group acquired Innovia Cellophane Group’s Cellulose business.

Collaboration of cellulose film packaging market

  • The company is collaborating with packaging material manufacturer for development of innovative packaging product. The company partnered with Bio4pack to create a compostable pack for Dutch organic cereal producer, De Halm.

Competitive Landscape

Among the key regional markets, the APEJ cellulose film packaging market is projected to exhibit relatively higher growth in the global cellulose film packaging market and will grow with a CAGR of over 4.9% during the forecast period.  Revenue from the cellulose film packaging markets in North America and Western Europe is expected to collectively account for over 40.4% of the global cellulose film packaging market revenue in 2018. Key players operating in the global market for cellulose film packaging include Futamura Chemical Co., Ltd., Celanese Corporation, Hubei Golden Ring Co. Ltd., Weifang Henglian Cellophane Co. Ltd, Chengdu Huaming Cellophane Co. Ltd, Eastman Chemical Company, Sappi Limited, Tembec Inc, Rhodia Acetow GmbH and Rotofil Srl.

In this report, Future Market Insights (FMI) offers a 10-year forecast of the Global Cellulose Film Packaging Market between 2018 and 2028. In terms of value, the global cellulose film packaging market is expected to expand at a CAGR of 4.9% during the forecast period. The study reveals market dynamics in seven geographic segments along with cellulose film packaging market analysis for the current market environment and future scenario over the forecast period.

Report Description

This Future Market Insights report studies the global cellulose film packaging market for the period 2018–2028. The prime objective of global cellulose film packaging market is to offer insights and key market trends pertaining to the global cellulose film packaging market that are gradually helping transform global businesses.

The global cellulose film packaging market report begins with the executive summary for various categories and their share in the cellulose films market. It is followed by market dynamics and overview of the global cellulose film packaging market, which includes FMI analysis of market drivers, restraints, and trends that are affecting the growth of cellulose film packaging market. Furthermore, to understand the popularity of the market segment, the attractiveness index and BPS analysis with elaborated insights on the same is provided, which will show the market’s attractiveness based on factors such as CAGR and incremental opportunity. To show the performance of the cellulose film packaging market in each country and region, BPS and Y-o-Y growth analysis of cellulose film packaging is provided.

The global market for cellulose film packaging is further segmented as per film type, source, and application and by end use industry. On the basis of film type, the global cellulose film packaging market is segmented into transparent film, colored film, metalized film. On the basis of source, the global cellulose film packaging market is segmented into wood & cotton. On the basis of application, the global cellulose film packaging market is segmented as bags& pouches, labels, tapes, release liners and wrapping films. Further, based on end use industry, the global cellulose film packaging market is segmented as food & beverage, pharmaceuticals, personal care, homecare and retail. 

The next section of the report highlights the cellulose film packaging market, by region, and provides the market outlook for 2018–2028. The study investigates the Y-o-Y growth regionally, as well as analyses the drivers that influence the regional cellulose film packaging market. Main regions assessed in the report global cellulose film packaging market include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, the Middle East & Africa (MEA) and Japan. The global cellulose film packaging market evaluates the present scenario and growth prospects of the regional cellulose film packaging market for 2018–2028.

To ascertain the market size in terms of value and volume, revenue generated by the key manufacturers of cellulose film packaging and their respective production capacity is taken into consideration. The forecast presented here assesses the total revenue generated by value, across the cellulose film packaging market. In order to provide an accurate forecast, we initiated by sizing up the current market, which forms the basis of how the cellulose film packaging market is expected to develop in the future. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR but also analyse cellulose films packaging market based on key parameters, such as year-on-year (Y-o-Y) growth rates, to understand the predictability of the cellulose film packaging market and identify the right opportunities across the market.

The market segment for global cellulose film packaging market has been analysed in terms of basis point share (BPS) to understand the individual segment’s relative contributions to market growth. This detailed level of information is important for identifying various key trends in the cellulose film packaging market. Another key feature of global cellulose film packaging market is the analysis of key segments in terms of absolute dollar opportunity. Absolute dollar opportunity is critical for evaluating the scope of opportunity that a provider can look to achieve, as well as to identify potential resources from a delivery perspective of the cellulose film packaging market. The overall absolute dollar opportunity along with the segmental split is mentioned in the report titled global cellulose film packaging market.

To understand key growth segments in terms of growth and adoption for cellulose film globally, Future Market Insights developed the cellulose film packaging market ‘Attractiveness Index.’ The resulting index should help providers identify real market opportunities in global cellulose film packaging market.

In the final section of the report on cellulose film packaging, the ‘dashboard view’ of the companies is provided to compare the current industrial scenario and their contribution in the total cellulose film packaging market. Moreover, it is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on an in-depth evaluation of their capabilities and success in the cellulose film packaging marketplace.

Detailed profiles of companies of global cellulose film packaging market is also included in the report to evaluate their strategies, key product offerings, and recent developments. Key manufacturers and suppliers operating in cellulose film packaging market include Futamura Chemical Co., Ltd., Celanese Corporation, Hubei Golden Ring Co. Ltd. , Weifang Henglian Cellophane Co. Ltd, Chengdu Huaming Cellophane Co. Ltd, Eastman Chemical Company, Sappi Limited, Tembec Inc, Rhodia Acetow GmbH and Rotofil Srl. 

Key Segments Covered of global cellulose film packaging market

By Film Type, the global cellulose film packaging market is segmented as:

Transparent Films

  • Colored Films

  • Metalized Films

By Source, the global cellulose film packaging market is segmented as:

  • Wood

  • Cotton

By Application, the global cellulose film packaging market is segmented as:

  • Bags & Pouches

  • Labels

  • Tapes

  • Release Liners

  • Wrapping Films

Regional analysis of cellulose film packaging market is presented for following market segments:

  • North America

    • U.S.

    • Canada

  • Latin America

    • Brazil

    • Mexico

    • Argentina

    • Rest of Latin America

  • Western Europe

    • Germany

    • Spain

    • Italy

    • U.K.

    • France

    • Nordic

    • Benelux

    • Rest of Western Europe

  • Eastern Europe

    • Russia

    • Poland

    • Rest of Eastern Europe

  • Asia Pacific Excluding Japan (APEJ)

    • China

    • India

    • ASEAN

    • Australia and New Zealand

    • Rest of APAC

  • Middle East and Africa (MEA)

    • GCC

    • North Africa

    • South Africa

    • Rest of MEA

  • Japan

Cellulose Film Packaging Market Reports - Table of Contents

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