The global Cellulose Film Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.7% during the review period (2022 to 2027)
Cellulose Film Market Overview
The global rise in the production of sustainable products derived from renewable sources is expected to remain a key factor for cellulose film market growth over the next six years. Wood and cotton fibers are important raw material sources for manufacturing cellulose films. The global rising in price for petrochemical products coupled with the depletion of fossil fuel reserves is expected to significantly augment cellulose film market growth over the forecast period. Cellulose films are expected to provide a renewable and cost-effective alternative to present petrochemical-based products. Petrochemical based polymers are non-renewable and non-biodegradable, non-recyclable, and are hazardous to the environment. rising government regulations on account of environmental concerns are expected to fuel cellulose film demand. rising the production of bio polylactic acid (PLA) is expected to have a negative impact on demand for cellulose films.Cellulose films are used in various applications such as packaging, mulch films, containers, adhesives, textile sizing agents, and others. Among these, packaging is the dominant segment of the global cellulose films market.
Cellulose films are transparent films manufactured from cellulose. Cellulose is an organic compound containing polysaccharides. These films are hydrophilic, and insoluble in water and several organic solvents.Cellulose films are ‘plastic-like,’ but possess several advantages over plastic films. Based on natural and renewable raw materials, cellulose films are biodegradable and hence are safe for the environment when disposed of, unlike plastic films that are difficult to degrade. Therefore, plastic films lead to pollution.
Industry News
October, 7, 2021, Futamara Group announced partnership with US and Portugal based, kencko for compostable cellulose NatureFlex films to use within kencko’s sachet packaging of freeze-dried smoothie mixes.
On June 24, 2021, Futamara Group announced investment plans for additional casting machine to expand capacity of cellulose films manufacturing business in Wigton, U.K.
What are the major Applications, Types and Regions for Cellulose Film Market?
Cellulose Film Market is segmented based on the type, applications, companies and regions.
By Type, Cellulose Film Market has been segmented into
- Transparent Regenerated Cellulose Film
- Color Regenerated Cellulose Film
The end user’s industry application on Cellulose Film Market are,
- Food Packaging
- Tobacco Packaging
- Pharmaceutical Packaging
- Cosmetic Packaging
- Fireworks Packaging
Cellulose Film Market Regional Analysis
North America is expected to offer a lucrative market base in terms of volume and revenue owing to biodegradable quotient and large consumption of food and beverage industry.
The report offers in-depth assessment of the growth and other aspects of the Cellulose Film Market in important regions, including the
North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Cellulose Film Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 4.7% during the review period (2022 to 2027).
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By Type
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- Transparent Regenerated Cellulose Film
- Color Regenerated Cellulose Film
- Others
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By Application
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- Food Packaging
- Tobacco Packaging
- Pharmaceutical Packaging
- Cosmetic Packaging
- Fireworks Packaging
- Others
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By Companies
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FUTAMURA, Shangdong Henglian New Materials Co., Ltd, Zhejiang Kerui, Hubei Golden Ring New Materials Tech Ltd, GRACE and others.
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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93
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Cellulose Film Report
- Evaluate Cellulose Film market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Cellulose Film market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
FAQ -
What is the study period of this market?
The Cellulose Film Market is studied from 2017 - 2027.
What is the growth rate of Cellulose Film Market?
The Cellulose Film Market is growing at a CAGR of 4.7% over the next 5 years.
What regions does this Cellulose Film Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
