Global craft plastic films market: Introduction & Significance
The global market of craft plastic films is charactrized by presence of manufacturers innovating in terms of the aesthetics and material capabilities.Films are one of the most imporatnt sector in the plastics industry. Craft plastic films are best suitable for decorative films.Craft plastic films have wide range of application in various end use industries such as food & beverage, pharmaceutical industry, personal care and cosmetics industry.
The primary application of the craft plastic films is for decoration.Craft plastic films have attained the popularity and applications in various end use industries. Craft plastic films finds wide range of application in point of purchase display.Point of purchase display creates an environment for the consumers to engage at retail, build brand awareness, and enhance the product knowledge.
One of the preffered characterstics of craft plastic films is preffered for gift packaging. Craft plastic films
Global craft plastic films market: Market Dynamics
The global packaging industry has undergone significant transformation in the past couple of decades, driven by evolving consumer level and design level trends. Significant improvements have been made in the way of products being packed, keeping “consumer convenience” as the main objective.
Robust growth in the food packaging and non food packaging is anticipated to drive the growth of the global craft plastic films market. Growth in the intercontinental trade of food & beverage industry is anticipated to boost the growth of the global craft plastic films market. Despite the positive outlook, there are certain factors which may hinder the growth of the global craft plastic films market.
Manufacturers of craft plastic films market have been focusing on consumer convienience for new product launches, which has enabled addition of new features such as high printability, decoration etc. All these factors boost the growth of the global craft plastic films market.
A unique methodology was adopted to calculate craft plastic films market
Supply side Analysis:
The collected numbers are obtained from the key manufacturers of craft plastic films manufacturers in the world, their sales revenue, their product offerings in each market verticals. Sales revenue of craft plastic films was estimated after comphrehensive product mapping.
Various market industry experts, which includes sales and marketing heads of craft plastic films manufacturers, independent consultants and distributors, were contacted to validate the penetration of craft plastic films in plastic films market.
Demand Side Analysis:
The overall end use and market size has been determined and the penetration of craft plastic films has been determined and the penetration of craft plastic films has been determined in each of the end uses. The total value and demand of the craft plastic films was mapped in each end use industry, across the world.
This approach is followed by the global market, and bottom up analysis was used to arrive at the market size of the craft plastic films, in terms of consumption and revenue.
Global craft plastic films market: Key players
Some of the key players operating in the craft plastic film market are as follows:
- TEXWRAP PACKAGING SYSTEMS.
- Grafix Plastics
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global craft plastic films market: Segmentation
On the basis of material, the global craft plastic film market has been segmented as:
On the basis of end use industry, the global craft plastic film market has been segmented as:
- Food & Beverage
- Personal Care & Cosmetics