Press release
Global Box and Carton Overwrap Films Market to Record Rise in Incremental Opportunity During the Forecast Period 2018 - 2028
Global Box and Carton Overwrap Films Market - OverviewFilms are used as a key packaging format in the flexible packaging industry. The growth of the flexible packaging films is propelling due to consumer preference towards flexible packaging solutions as compared to their counterparts such as rigid packaging solutions. Box and carton overwrap films are used for wrapping of boxes and cartons. These films provide barrier to the external environment and prevent the content from moisture, air etc. Box and carton overwrap films are widely used in several industries such as food, beverages, tobacco packaging, automotive, healthcare & pharmaceuticals, electrical & electronics among others. These films are overwrapped on the cartons and boxes for better product presentation.
Global Box and Carton Overwrap Films Market – Dynamics
The global market for box and carton overwrap films market is expected to grow during the forecast period. The key advantage of overwrapping is product presentation along with this, it also maintains content freshness and enhances contents shelf life. The process of overwrapping consumes low energy and low material costs. Coupled with its flexibility and versatility it makes overwrapping an attractive application for a wide range of industries such as food, beverages, automotive, electrical & electronics etc. Tobacco products are packaged with the overwraps for better and attractive product presentation, moreover to prevent products from moisture, air etc. These are some of factors that are propelling the demand for box and carton overwrap films market and is expected to expand during the forecast period on the backdrop of the boxes and cartons market.
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Despite the positive outlook, there are some factors which might hamper the growth of the box and carton overwrap films market. The box and carton overwrap films are made of plastic material such as polyethylene, polypropylene, polyethylene terephthalate etc. which creates environmental pollution after use and creates landfill problem.
Global Box and Carton Overwrap Films Market - Regional Outlook
Geographically, the global market for box and carton overwrap films is divided into seven key regions as: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East & Africa and Japan. Europe region is expected to hold major market share for box and carton overwrap films market followed by the North America market. APEJ region is expected to have the maximum market share due to the presence of local and Chinese players.
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Global Box and Carton Overwrap Films Market - Key Players
Some of the players operating in the global box and carton overwrap films market are as following: Films Americas LLC, Treofan Group, Innovia Films Limited, SIBUR International GmbH, NPF Polyfilms Pvt. Ltd., Aalmir Plastic Industries etc. Many more local and regional players are expected to contribute the global market for box and carton overwrap films.
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, macro-economic 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.
Report Highlights : Detailed overview of parent market,Changing market dynamics in the industry,In-depth market segmentation,Historical, current and projected market size in terms of volume and value,Recent industry trends and developments,Competitive landscape,Strategies of key players and products offered,Potential and niche segments, geographical regions exhibiting promising growth,A neutral perspective on market performance,Must-have information for market players to sustain and enhance their market footprint.
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