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

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.

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 

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