Global Cellulose Film Packaging Market, By Film Type (Transparent Film, Colored Film, and Metalized Film), Source (Wood and Cotton), Application (Bags and Pouches, Labels, Tapes, Release Liners, and Wrapping Films), End User (Food and Beverage, Pharmaceuticals, Personal Care, Homecare, and Retail) – Industry Trends and Forecast to 2030.
Cellulose Film Packaging Market Analysis and Size
Cellulose film packaging is becoming more popular with broadening application among numerous end user industries comprising, food and beverages, personal care and pharmaceuticals for packaging, are some factors enhancing the market growth forward. Moreover, increasing utilization of personal care products is expected to increase the demand for this packaging, which is probably enhance market growth over the forecast period. Moreover, increasing awareness regarding the disadvantages of using plastics and avoiding their excessive use will increase the demand for cellulose film packaging globally.
Data Bridge Market Research analyses that the cellulose film packaging market is expected to reach USD 1199.20 million by 2030, which is USD 781.4 million in 2022, registering a CAGR of 5.50% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Cellulose Film Packaging Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Film Type (Transparent Film, Colored Film, and Metalized Film), Source (Wood and Cotton), Application (Bags and Pouches, Labels, Tapes, Release Liners, and Wrapping Films), End User (Food and Beverage, Pharmaceuticals, Personal Care, Homecare, and Retail)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Futamura (Japan), Celanese Corporation (U.S.), Hubei Golden Ring New Materials (China), Rotofil Srl (Italy), Eastman Chemical Company (U.S.), Sappi (South Africa), Tembec Inc. (Canada)
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Market Opportunities
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Market Definition
Cellulose film packaging is a bio-compostable packaging solution which is manufactured from cotton or wood pulp. Cellulose film packaging prolongs the shelf life of fresh products by maintaining the moisture content. Furthermore, it maintains the aroma and freshness of the food product and is so extensively used in food packaging. Sustainable packaging such as cellulose film packaging have become progressively important due to government policies, consumer preferences and corporate standards demand to ease environmental impact.
Cellulose Film Packaging Market Dynamics
Drivers
- Rising demand for eco-friendly packaging products
The cellulose film packaging can be produced by the usage of renewable resources which are sustainable, environmentally friendly, and biodegradable. As a result of this, the consumer’s preference shifted toward eco-friendly packaging products. This factor is anticipated to drive the demand for cellulose film packaging and enhance the market growth.
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Increase in awareness regarding the usage of wood based cellulose packaging
Rising customer awareness regarding the increasing waste and landfills in environment are producing an aversion towards plastic packaging solutions in developed and developing countries. Growing environmental awareness regarding the usage of wood-based cellulose packaging is anticipated to propel the market's growth.
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Increasing demand for transparent cellulose films
Transparent cellulose films are breathable films of natural source with high gloss. It maintains the freshness of packed ingredient or products for a long time period with that it has got good chemical and heat resistance. Transparent films are prepared from cellulose originated in the plant cell wall. These cellulose films are quickly disintegrated in soil or are degraded into water producing biomass and carbon dioxide gas. Thus, increasing demand for transparent cellulose films is anticipated to drive the market growth rate.
Opportunities
- Increasing focus on adopting biodegradable and sustainable packaging
The extensive usage of conventional plastic mainly causes landfilling. For instance, according to the study by journal Science Advances, around 6.3 billion metric tons have become plastic waste out of 8.3 billion metric tons that have been created, in which 79% either is collecting in sloughing off or landfills in the natural environment as litter. Moreover, cellulose film packaging is compostable and biodegradable. It is capable of solving problems related to landfilling at a considerable extent. Consequently, companies are focusing on launching and innovating new cellulose films environmental and supporting sustainable packaging. For instance, Century Pulp and Paper which is an Indian company has introduced 'Natura Wrap' biodegradable cellulose film. This wrap is completely biodegradable and making it an eco-friendly product.
Restraints/ Challenges
- Low industrial use of cellulose film packaging due to mechanical characteristics
Cellulose films are constrained from wide industrial use owing to the mechanical characteristics and some barrier of the material compared to the conventional plastic. Furthermore, biopolymers such as cellular films are also limited by their poor resistance to water or moisture. However, these problems are anticipated to be circumvented through the growth of nano-composite technology. Therefore, low industrial use of cellulose film packaging due to mechanical characteristics is expected to hinder the market growth.
This cellulose film packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growth application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cellulose film packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Cellulose Film Packaging Market Scope
The cellulose film packaging market is segmented on the basis of film type, source, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Film Type
- Transparent Film
- Colored Film
- Metalized Film
Source
- Wood
- Cotton
Application
- Bags and Pouches
- Labels
- Tapes
- Release Liners
- Wrapping Films
End User
- Food and Beverage
- Pharmaceuticals
- Personal Care
- Homecare
- Retail
Cellulose Film Packaging Market Regional Analysis/Insights
The cellulose film packaging market is analyzed and market size insights and trends are provided by country, film type, source, application and end user as referenced above.
The countries covered in the cellulose film packaging market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
North America dominates the cellulose film packaging market in terms of market share and revenue due to biodegradable quotient and large consumption of cellulose film packaging in the region's food and beverage packaging industry.
Asia-Pacific is expected to be the fastest developing region during the forecast period of 2023-2030 due to growing purchase power of the populace coupled with transition of the country to a consumer-driven economy in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cellulose Film Packaging Market Share Analysis
The cellulose film packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cellulose film packaging market.
Some of the major players operating in the cellulose film packaging market are:
- Futamura (Japan)
- Celanese Corporation (U.S.)
- Hubei Golden Ring New Materials (China)
- Rotofil Srl (Italy)
- Eastman Chemical Company (U.S.)
- Sappi (South Africa)
- Tembec Inc. (Canada)
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