Timber Wrap Films – Emergence of Autonomous and Multi-Colour Offerings
The vertical models of packaging equipment for palletised products are gradually being replaced by horizontal models, which automate the packaging lines for long and wide products. The constant search of timber products manufacturers for high-quality, coloured, and printable wrap film solutions, has led innovations in the films as well as the secondary packaging equipment.
2 Key Aspects Shaping the Timber Wrap Films Market
Increasing Focus on Efficient Logistics Operations for Timber Products
Globalization has led to rapid growth of import and export around the world. This has resulted in large supply chains and increased the role of logistics, with companies adopting flexible packaging to optimize their packaging systems for efficient and effective delivery. Low-cost, lightweight, and damage-resistant features of timber wrap films have made them a highly sought-after packaging product in the timber industry. Moreover, the dawn of industrialization and the construction sector has increased the demand for timber products by leaps and bounds. This is attributed to the fact that timber wrap films are durable, lightweight, and the only mode of packaging for facilitating the delivery of timber to end users and furniture manufacturers. Many developed and developing countries have already opted for timber wrap films for the transportation of timber. With very high consumption of timber across the globe, growth prospects for the timber wrap films market are expected to rise. Key features of timber wrap films such as cost efficiency and high barrier characteristics, have proved beneficial for export and import of timber to facilitate convenient and efficient delivery.
Manufacturers Focus on Developing Novel Solutions to Reduce Cost
There has been growing demand for reduction of operating costs by many wood-based manufacturers. There is no direct connection between wooden product manufacturers and timber wrap films. However, when unprocessed timber is exported and transported, to prevent loss due to warping and other climatic factors, timber wrap films play an important role. That is why, timber wrap film manufacturers are looking for packaging solutions that can prevent losses due to erratic climatic conditions and during storage and transportation. The need for a more efficient process has led to the development of new films. For instance, Trioplast Industrier AB delivered all its timber wrap films with an anti-slip function based on the industry’s recommendation. Pakaflex Pty Ltd. introduced the Enduratuff timber wrap range, which is tough and has enhanced anti-sweating performance. These timber wrap films have breathable technology to further enhance its ability to control moisture properties under the wrap.
Factors Confining Growth of Timber Wrap Films Market
Timber, which is in direct competition with fibreboard, is regarded as stronger and sturdier. However, there is one key point where fibreboard outshines solid wood. When subjected to changes in temperature and humidity, solid wood contracts, i.e. it undergoes warping. This is a demerit, and one of the key reasons why timber isn’t preferred for doors and panelling purposes. To maintain the original shape, humidity and heat must be kept under control, which, if not achieved, can cause the timber panel to crack or buckle. This, in turn, also leads to a decline in demand for timber wrap films.
Timber Wrap Films- Market Structure Analysis
- The global timber wrap films market represents a consolidated competition landscape wherein Tier 1 companies hold more than 10% revenue share.
- Top companies in the timber wrap films market include Trioplast Industrier AB, Intertape Polymer Group, and Inteplast Group.
- Most of the key players operating in the timber wrap films market maintain a strategic focus on North America and Western European markets due to the high penetration of associated products in the region, whereas East & South Asia is also an attractive market due to countries such as China and India with rising industrialization.
Market Set to Grow at Approximately 1.5X between 2019 and 2029
Timber products have gained significant demand in the wake of industrialization and the resurgent construction sector, in turn upholding the development of suitable packaging films. Timber wrap films continue to witness sustained adoption as an effective solution to combat warping.
Emerging Markets – Potent Areas for Growth
Emerging countries present potential growth avenues for timber wrap films manufacturers, as the focus of governments on infrastructure development and increasing new construction activities, influence the demand for various timber-based products. Countries in East Asia and South Asia remain most opportunistic for the timber wrap films manufacturers.
Focus of leading stakeholders in the timber wrap films market on strategic expansion through independent sales partners, and acquisition of small-scale firms for increasing their subsidiaries, continue to sustain the moderate growth of the market. R&D investments for novel and value-added offerings, such as non-woven and UV-stabilized timber wrap films, will also remain a key growth sustenance aspect.
Timber wrap films with 76-150 microns thickness remain sought-after among end-users, accounting for over 40% market share.
Timber wrap films with 151-225 microns thickness also remain lucrative, accounting for over one-fourth market share.
Timber wrap films with thicknesses upto 75 microns and above 225 microns will continue to witness sluggish adoption
Polyethylene remains a key raw material for majority of timber wrap films sold worldwide, accounting for over 80% sales. High-density polyethylene (HDPE) remains preferred over low-density polyethylene (LDPE), owing to its high-barrier properties.
Polypropylene-based timber wrap films will continue to witness slow adoption
How Growth will Unfold
Polyethylene will continue to gain a strong momentum for timber wrap film manufacturing, with HDPE preferred over LDPE, in light of its unmatched resistance to temperature and humidity. Sales of polyethylene-based timber wrap films will witness a relatively higher growth rate. On the contrary, gains from the polypropylene-based timber wrap films will remain slow.
MPS II | MPS IVA | MPS I
* This data is only a representation. Actual data may vary and will be available in report.Click Here To Know How The Growth Will Unfold
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Timber Wrap Films: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029
A recent market study published by FMI, “Timber Wrap Films: Global Industry Analysis 2014-2018 & Forecast 2019-2029” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the timber wrap films, the growth prospects of the market are obtained with maximum precision.
Timber Wrap Films Market Taxonomy
The global timber wrap films is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
- Up to 75 Microns
- 76-150 Microns
- 151-225 Microns
- Above 225 Microns
By Material Type
- Polyethylene (PE)
- High Density Polyethylene (HDPE)
- Low Density Polyethylene (LDPE)
- Polypropylene (PP)
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa
The report commences with the executive summary of the timber wrap films, which includes a summary of the key findings and statistics of the market. It also includes dominating segments in the global timber wrap films, along-with key facts about timber wrap films. It also includes graphical representation of the segments according to market size and growth rate.
Readers can find detailed taxonomy and definition of the timber wrap films in this chapter, which will help them understand the basic information about timber wrap films present in the market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the timber wrap films report.
This chapter includes demand analysis of the global timber wrap films market in terms of volume, global market along with Y-o-Y, and incremental growth during 2019-2029.
Pricing analysis for the timber wrap films market is highlighted for each region. Average selling price is taken by thickness for the timber wrap films market.
This chapter includes the demand analysis of the global timber wrap films market in terms of value, represents global market along with Y-o-Y, and incremental growth during 2019-2029.
This chapter explains the key macro-economic factors that are expected to influence the growth of the timber wrap films over the forecast period. Along with macroeconomic factors, this section also highlights the opportunity analysis for the timber wrap films. This chapter also highlights the key market dynamics of the timber wrap films, which include the drivers and restraints. Moreover, readers will understand the key trends followed by the leading manufacturers in the timber wrap films.
Based on thickness, the timber wrap films is segmented into - up to 75 microns, 76 - 150 microns, 151 - 225 microns, and above 225 microns. In this chapter, readers can find information about key attractive segments during the forecast period.
Based on applications, the timber wrap films is segmented into – polyethylene and polypropylene. In this chapter, readers can find information about key segments during the forecast period.
This chapter explains how the timber wrap films is expected to grow across various geographical regions, such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa (MEA).
This chapter includes a detailed analysis of the growth of the North American timber wrap films, along with a country-wise assessment that includes the U.S. and Canada. Readers will also find some of key points on the basis of estimated market size and consumption of timber wrap films.
Readers can find detailed information about several factors, such as the pricing analysis and the regional trends, which are impacting the growth of the Latin America timber wrap films. This chapter also includes the growth prospects of the Timber wrap films in leading LATAM countries such as Brazil, Mexico, Argentina, and the Rest of Latin America.
Important growth prospects of the timber wrap films based on the product and the end-user industry in several countries, such as Germany, the UK, France, Spain, Italy, Russia, BENELUX, Sweden, Finland and the Rest of Europe, are included in this chapter.
This chapter provides information about how the timber wrap films will grow in major countries in the MEA region such as GCC Countries, South Africa, Northern Africa, and the Rest of MEA, during the forecast period 2019 - 2029.
This chapter highlights the growth of the Timber wrap films in East Asia by focusing on China, Japan, and South Korea. The section also highlights data points regarding the growth of the timber wrap films in the East Asian region.
India, Indonesia, Thailand, and Malaysia are the leading countries in the South Asia region that are the prime subjects of assessment to obtain the growth prospects of the South Asia timber wrap films in this chapter. Readers can find detailed information about the growth parameters of the South Asia Timber wrap films during the period 2019-2029.
In this chapter, Australia and New Zealand are among the leading countries in the Oceania region, which are the prime subjects of assessment to obtain the growth prospects of the Oceania timber wrap films.
In this chapter, separate analysis for emerging countries such as China, India, and Mexico is given. It provides segment level analysis of the timber wrap films market for each country mentioned in the section.
In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the timber wrap films along with their market presence analysis by region and product portfolio.
In this chapter, readers will find a comprehensive list of all leading manufacturers in the timber wrap films, along with detailed information about each company, including company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are RKW SE, Balcon Plastics Limited, Ab Rani Plast Oy., Polytarp Product, SCOTT Lumber Packaging, LLC, InterWrap Inc., Flexpak Corp., Inteplast Group, Multifab Packaging, Trioplast Industrier AB, Polymax, Inc., Davidson Plastics Ltd., Flexoplas Packaging Limited, Polyprint Packaging Limited, Pak-Line Limited, Pakaflex Pty Limited, Tri Pac Inc., and Intertape Polymer Group Inc.
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the timber wrap films report.
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information about the timber wrap films.
How the research was conducted?
Primary research interviews with key opinion leaders and other participants were conducted for data collection and validation of the below information:
- Key Segments in the Timber Wrap Films
- Market Share Analysis
- Average Selling Price (US$) and Market Growth
- Comparative Analysis of Alternative Timber Packaging Solutions Present in the Market
- Market Size
- Key Trends & Developments
- Competition & Key Vendor Strategies
- Flexible Packaging Association
- Industry Journals
- Plastics Europe
- Food Service Packaging Industry Growth
- Annual Reports/SEC filings/Investor Presentations
Primary Interview Splits