Box and Carton Overwrap Films Market Foreseen to Grow Exponentially Over 2028 

The global demand for box and carton overwrap films is estimated to expand at a moderate year-on-year growth rate of 4.5 percent, in 2019. Valuation of the global box and carton overwrap films market, during the same period, will exceed US$ 5.9 Billion.

Get Sample of the report : https://www.futuremarketinsights.com/reports/sample/rep-gb-6845

Box and Carton Overwrap Films Market: Competitive Landscape
Terichem A.S., Treofan Group, CCL Industries Inc., Berry Global Inc., Cosmo Films Ltd., SIBUR International GmbH, Smurfit Kappa Group Plc, Futamura Chemical Co., Ltd., Irplast S.p.A., Taghleef Industries Group, Jindal Poly films Ltd., Transcendia Inc., Uflex Ltd, Garware Polyester Limited, and Industrial Development Company sal (Indevco) are the major players in the box and carton overwrap films market.

Box and carton overwrap films are designed to provide efficient shipping and impart an appealing appearance to a package. Box and carton overwrap films are the type of barrier films, which can be wrapped around a variety of packaging formats.

Growing need to improve product promotional strategy has increased the significance of printability in packaging

On-pack promotion is given high preference over other rigid packaging solutions, boosting the demand for box and carton overwrap films. The manufacturers in the box and carton overwrap films are focusing on packaging solutions which are compatible with modern printing techniques.

Box and carton overwrap films not only reduce the number of films required, but also the overall cost of packaging and function as a marketing tool. The box and carton overwrap films market may also experience variations due to the retail sector.

Ask For Regional Data : https://www.futuremarketinsights.com/ask-regional/rep-gb-6845

The demand is projected to grow, on the account of :-
Retailers and food processors are increasingly placing importance on sustainable packaging solutions. Several multinational food processing companies are increasingly using bio-degradable packaging solutions, to meet global sustainability goals.

Growing application of paper and paper-based packaging alternatives.

Apart from offering a comprehensive packaging solution, box and carton overwrap films also function as an excellent marketing tool.

The demand for printable overwrapping solutions is expected to play a key role in the growth of the global box and carton overwrap films market, in the coming years.

Overwrap films being highly capable of customizations and on-pack promotions, will translate into increased adoption.

Key Takeaways from an Extensive Segmental Analysis :-
Uncoated box and carton overwrap films will remain the most preferred variant in the box and carton overwrap films, expanding at a CAGR of 4.3 percent in the coming years.

Biaxially-oriented polypropylene (BOPP) films are expected to witness further growth in demand, during the forecast period of 2018-2028. BOPP has good clarity and runs effortlessly on overwrapping machines, thereby, increasing its stakes among manufacturers. BOPP box and carton overlap films is expected to hold a market share of approximately 46 percent, by the end of the forecast period.

Approximately 1/3rd of the total revenue pumped in the global box and carton overwrap films market is projected to come from the food industry, while also creating the highest incremental dollar opportunity. Application of box and carton overlap films will also witness demand in the automotive industry, as per the report.

Purchase the Report : https://www.futuremarketinsights.com/checkout/6845

Market Segmentation
The global box and carton overwrap films market is segmented on the basis of material type, film type, film thickness, coating type, end use, sales channel, and region.

On the basis of material type, global box and carton overwrap films market is segmented as PVC, PE, PP, PET, and other materials.
On the basis of film type, the global box and carton overwrap films market is segmented as shrink and stretch films.
On the basis of film thickness, the global box and carton overwrap films market is segmented as coated and uncoated films.

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

This release was published on openPR.