An emerging market analysis titled “Anticipated Trends, Drivers of Growth, and Obstacles in the Bundling Film Market” has been showcased on Report Ocean.
The “Global Bundling Film Market” report offers comprehensive insights into factors affecting demand, growth, opportunities, challenges, and limitations. It covers global and regional industry dynamics, including research & development, new product launches, and responses from leading players in both global and local markets. The report provides visual representations and regional breakdowns of the Bundling Film Market.
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What’s the extent of the Bundling Film Market in terms of size?
Global Bundling Film Market is valued approximately at USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2022-2029.
What is Bundling Film, and how is it used?
Bundling Film refers to the films that are used for wrapping multipacks for shipping. It is a cost-effective substitute for boxes and bags. It protects the packaged material from external impact such as edges, cuts, tampering during transportation and shipping, etc. The Bundling Film market is expanding because of factors such as rising growth across the e-commerce sector and growing packaging industry
According to UNCTAD in 2021, the global e-commerce market has jumped to around USD 26.7 trillion in 2019 with an increase of around 4% from 2018 due to rising online sales. The Republic of Korea is the dominant region with a share of around 25.9% in 2020. Also, the percentage of retail sales or online shares of the e-commerce industry across Australia, Canada, China, Singapore, the United Kingdom, and the United States is around 9.4%, 6.2%, 24.9%,11.7%, 23.3%, and 14%. Whereas, rising demand and adoption by end-user industries and growing R&D activities by market players create lucrative opportunities for the market. However, higher initial costs hamper the market growth throughout the forecast period of 2022-2029.
Which regions are considered in the Global Bundling Film Market study?
The key regions considered for the Global Bundling Film Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominates the market with highest revenue, owing to the rising growth of the e-commerce sector, rising food and beverage industry and strategic activities by market players across the region. Whereas, North America is deemed as the fastest growing region in terms of highest CAGR owing to the factors such as increasing demand and adoption by end -user industries, penetration of market players etc.
Major market players included in this report are:
- Berry Plastics,
- Amcor Limited,
- Mondi Group,
- Professional Packaging Systems, Inc.,
- Global-Pak,
- Plastipak Group,
- Halsted,
- Intertape Polymer Group,
- J&HM Dickson,
- Jumbo Bag,
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Material:
Polyethylene (PE),
Polyvinylidenchloride (PVDC),
Polypropylene (PP), `
Polyvinylchloride (PVC),
Polyester (PET),
Polyamide (PA)
By Packaging:
Flexible Packaging,
Semi-Rigid Packaging
By Product:
Bundling Stretch Film,
Hybrid Bundling Stretch Film,
Extended Core Bundling Stretch Film,
Pre-Stretched Bundling Stretch Film
By Application:
Food,
Pharmaceuticals,
Personal Care & Cosmetic Products,
Industrial Goods,
Commercial Goods,
Others
By Region:
North America: U.S., Canada
Europe: UK, Germany, France, Spain, Italy, Rest of Europe (ROE)
Asia Pacific: China, India, Japan, Australia, South Korea, Rest of Asia Pacific (RoAPAC)
Latin America: Brazil, Mexico, Rest of Latin America (RoLA)
Rest of the World
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Report Overview:
This research offers a comprehensive exploration of the emerging trends poised to shape the future business landscape. It delves deep into the pivotal factors driving the growth of the Bundling Film market over the projected period. Furthermore, the report sheds light on strategic initiatives undertaken by leading industry players to fortify their market positions.
Market Dynamics:
Encompassing a global perspective, this study presents insights into the influential entities within the worldwide Bundling Film market. It encompasses contact details, sales figures, and global market estimates. The research draws from reputable sources and institutions, aggregating a wealth of information and insightful analysis pertaining to the global Bundling Film market.
Marketing Insights:
The study furnishes essential facts and statistics relevant for marketers, consultants, and decision-makers navigating the global Bundling Film market landscape. With comprehensive regional breakdowns, this research offers a vital resource for newcomers venturing into the global Bundling Film market. It encapsulates indispensable insights extracted from the Bundling Film Market domain, facilitating informed decision-making processes.
This report covers several key questions related to the global Bundling Film market, including:
- What can be expected for the Bundling Film market in the next decade?
- What are the primary drivers of growth in the global Bundling Film market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Bundling Film market vary based on the size of the end market?
- What is the breakdown of Bundling Film by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Bundling Film market?
Our most recent research report showcases the thriving expansion of the global Bundling Film Market and offers in-depth insights into the projected market size, share, and revenue until 2031.
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