Global Box and Carton Overwrap Film Market - Industry Trends and Forecast to 2029

Global Box and Carton Overwrap Film Market - Industry Trends and Forecast to 2029
The box and carton overwrap film market is expected to witness market growth at a rate of 4.4% in the forecast period of 2022 to 2029. Data Bridge Market Research report on box and carton overwrap film market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the need for biodegradable as well as recyclable packaging solutions is escalating the growth of box and carton overwrap film market.
Box and carton overwrap films are basically utilized to provide effective options for transport and protection against accidents and rough handling. The films create extremely effectual barriers for wrapping around the wide range of packaging formats in food and beverages, electrical and electronics, cosmetics, tobacco, logistics and other industries.
Major factors that are expected to boost the growth of the box and carton overwrap film market in the forecast period are the rise in the need for recyclable packaging solutions. Furthermore, the environmental concerns regarding the overwrap films and manufacturers focusing on suitable packaging design are further anticipated to propel the growth of the box and carton overwrap film market growth. Moreover, the increase in the need for chemicals and fertilizers end use industry worldwide is further estimated to cushion the growth of the box and carton overwrap film market. On the other hand, the disruption caused in several end use industries is further projected to impede the growth of the box and carton overwrap film market in the timeline period.
In addition, the widespread applications of the box and carton packaging in the food and beverages industry will further provide potential opportunities for the growth of the box and carton overwrap film market in the coming years. However, the increase in the need for the box and carton packaging solutions from the food and pharmaceutical end uses might further challenge the growth of the box and carton overwrap film market in the near future.
This box and carton overwrap film market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the 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 growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on box and carton overwrap film market, contact Data Bridge Market Research for an Analyst Brief, Our team will help you take an informed market decision to achieve market growth.
Global Box and Carton Overwrap Film Market Scope and Market Size
The box and carton overwrap film market is segmented on the basis of material type, film type, film thickness, coating type, sales channel and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
• On the basis of material type, box and carton overwrap film market is segmented into PVC, PE, PP, PET, and other materials.
• On the basis of film type, box and carton overwrap film market is segmented into shrink, and stretch films.
• On the basis of film thickness, box and carton overwrap film market is segmented into up to 20 microns, 20-40 microns, and above 40 microns.
• On the basis of coating type, box and carton overwrap film market is segmented into coated, and uncoated films. Coated has been further sub segmented into acrylic coated, PVdC coated, EVOH coated, and acrylic-PVdC coated films. Uncoated has been further sub segmented into BOPP, BOPET, CPP, BOPA, and BOPLA.
• On the basis of sales channel, box and carton overwrap film market is segmented into brand owner sales, and converter sales.
• On the basis of end use, box and carton overwrap film market is segmented into food, beverage, personal care and cosmetics, automotive, health care, industrial packaging, shipping and logistics, electrical and electronics, and others. Food segment has been further segmented into processed food, fresh produce, dairy products, and bakery and confectionery.
Box and Carton Overwrap Film Market Country Level Analysis
The box and carton overwrap film market is segmented on the basis of material type, film type, film thickness, coating type, sales channel and end use.
The countries covered in the box and carton overwrap film market report are the 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, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
Asia-Pacific dominates the box and carton overwrap film market due to the rise in the production rate and sales of food and beverage, cosmetics, and tobacco products. Furthermore, the increased potential in the industry will further boost the growth of the box and carton overwrap film market in the region during the forecast period.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major 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, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

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