Global Fibre Film Market Size study & Forecast, by Wrapping Technology (Automatic Wrapping Fibre Films, Handheld Fibre Films), by Thickness (Fibre Films below 10 Microns, Fibre Films between 10-50 Microns, Fibre Films 50 Microns & Above), by End-Use Indus

Global Fibre Film Market Size study & Forecast, by Wrapping Technology (Automatic Wrapping Fibre Films, Handheld Fibre Films), by Thickness (Fibre Films below 10 Microns, Fibre Films between 10-50 Microns, Fibre Films 50 Microns & Above), by End-Use Industry (Food & Beverages, Pharmaceuticals, Chemical & Fertilizers, Home & Personal Care, Other End-Use Industries) and Regional Analysis, 2022-2029

Global Fibre Film Market is valued at approximately USD 522.86 million in 2021 and is anticipated to grow with a healthy growth rate of more than 4.1% over the forecast period 2022-2029. Fibre Film is a high-efficiency stretch film with comprises reinforcement elements to boost Tear Resistance. This film offers properties such as puncture resistance, high elongation, and pallet stability. Fibre film is highly adopted by industries including food & beverages, pharmaceuticals, chemical & fertilizers, home & personal care, and other end-use industries. The market is gaining huge prominence owing to the rising inclination toward developing lightweight automobiles and the expansion of the solar sector.

The rising application of fibre films in the pharmaceutical sector is stimulating the market demand at a significant rate. According to Statista, the global pharmaceutical industry was valued at USD 1204.8 billion in 2018, and this figure rose to USD 1423.5 billion in 2021. Additionally, it is projected that the pharmaceutical sector continues to expand, which is hastening market expansion around the world. Moreover, the rising initiatives by the key market players, as well as rising applications in the food & beverage sector are creating lucrative opportunities in the foreseen period. However, fluctuating prices of raw materials and rising environmental concerns stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Fibre Film Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the rising application in secondary packaging and the strong presence of consumer goods manufacturing organizations. Whereas, the Asia Pacific is expected to grow with the highest growth rate during the forecast period. Factors such as the growth of the food and beverage sector, rising disposable income as well as the development of emerging countries such as India, China, and Vietnam, are burgeoning the market growth in the forecasting years.

Major market players included in this report are:
Megaplast
Reddipak
Wisepower
Nanocyl
Cnano
Canatu
NanoIntegris
Sequana
TOYOB
Biax-Fibrefilm

Recent Developments in the Market:
 In September 2022, Toyobo declared that the company developed ECOSYARTM VP001- a new biaxially oriented polypropylene film. It is the first transparent vapor deposition film series product that integrates a polyolefin fibre material, which is a high barrier film that embraces a special heat-resistant BOPP film. The product provides excellent barrier properties against water vapor and oxygen.

Global Fibre Film Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Wrapping Technology, Thickness, End-Use Industry, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

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 Wrapping Technology:
Automatic Wrapping Fibre Films
Handheld Fibre Films

By Thickness:
Fibre Films below 10 Microns
Fibre Films between 10-50 Microns
Fibre Films 50 Microns & Above

By End-Use Industry:
Food & Beverages
Pharmaceuticals
Chemical & Fertilizers
Home & Personal Care
Other End-Use Industries

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World

Companies Mentioned

Megaplast
Reddipak
Wisepower
Nanocyl
Cnano
Canatu
NanoIntegris
Sequana
TOYOB
Biax-Fibrefilm

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