Market Overview:
The global cast film market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cast films from various end-use industries, such as food packaging, drug packaging, and clothing packaging. In addition, the growing demand for cast films in Asia Pacific and Middle East & Africa is also contributing to the growth of this market. On the basis of type, CPET (crystalline polyethylene terephthalate), CPP (cast polypropylene), and CPE (cast linear low-density polyethylene) are some of the key segments in this market. Among these types, CPET is expected to witness highest growth during the forecast period owing to its properties such as high clarity and heat resistance. On account of these properties, CPET finds applications in food packaging and drug packaging industries. Based on application, food packaging accounted for majority share in 2017 and is projected to maintain its dominance during the forecast period as well.
Product Definition:
Cast film is a type of thermoplastic material used to produce films, sheets, and tubes. It is made by extrusion of molten polymer through a shaped die.
CPP:
CPP is a type of plastic resin that is derived from carbon compounds and petroleum. It has high heat & impact resistance, optical clarity, chemical inertness and superior electrical properties. CPP resins are used in the manufacturing of films for packaging applications such as food contact materials & containers (FCM), flexible intermediate bulk containers (IBC), non-wovens etc.
CPE:
CPE stands for Cellulose Polymer Expiry and is a measure of time that refers to the duration until the cellulose in wood pulp changes from soluble to insoluble. CPE value is used by manufacturers as an indicator of quality for cast film products. The higher the CPE value, generally means better quality product with less bleaching needed during processing thus reducing energy costs and wastage involved.
Application Insights:
The food packaging application led the global cast film market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Food packaging products include bottles, cans, cartons, boxes and others. The rising importance of sustainable development has prompted manufacturers to adopt eco-friendly solutions for their packaging needs. This trend is expected to drive demand for cast films in food packaging applications over the coming years as these films are biodegradable and do not use any harsh chemicals during production which makes them an ideal choice compared with other materials used for food container manufacturing such as polyethylene terephthalate (PET) or polypropylene (PP).
Cast film finds its major application in water & beverage industry where it is used across various containers including bottles & cans that offer high impact resistance against breakage along withstanding temperature changes during transportation & storage without getting damaged or worn out like plastic does.
Regional Analysis:
North America dominated the global cast film market in 2017. The region is expected to witness a considerable growth rate of 5.8% over the forecast period, owing to increasing demand for flexible packaging solutions from various end-use industries, such as food & beverage and pharmaceuticals. In addition, rising consumer preference for ready-to-eat packaged foods is anticipated to drive product adoption in North America over the coming years.
Asia Pacific is projected to be one of the fastest growing markets during the forecast period owing to rapid industrialization and urbanization along with an increase in disposable income levels among consumers across emerging economies including China and India. Furthermore, favorable government initiatives aimed at promoting investments through FDI are estimated to fuel regional growth during the same period (2017’18).
Growth Factors:
- Increasing demand from packaging and printing industries for cast film products as they offer high-quality printing results with low ink consumption.
- Rising demand for cast films in the medical sector due to their properties such as transparency, biocompatibility, and non-toxicity.
- Growing popularity of cast films in the automotive industry due to their ability to improve fuel efficiency and reduce emissions.
- Increasing use of cast films in construction applications owing to their superior insulation properties and resistance to weathering effects. 5) Proliferation of digital printing technologies that has led to an increase in the demand for high-quality cast film products
Scope Of The Report
Report Attributes
Report Details
Report Title
Cast Film Market Research Report
By Type
CPP, CPE, Others
By Application
Food Packaging, Drug Packaging, Clothing Packaging, Others
By Companies
Profol Group, DDN, Zhejiang Yuanda, Shanxi Yingtai, Hubei Huishi, UFLEX, Manuli Stretch, Alpha Marathon, Panverta, Polibak, Mitsui Chemicals, Takigawa Seisakusho, Tri-Pack, PT. Bhineka Tatamulya, Vista Film Packaging, Achilles Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Cast Film Market Report Segments:
The global Cast Film market is segmented on the basis of:
Types
CPP, CPE, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Packaging, Drug Packaging, Clothing Packaging, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Profol Group
- DDN
- Zhejiang Yuanda
- Shanxi Yingtai
- Hubei Huishi
- UFLEX
- Manuli Stretch
- Alpha Marathon
- Panverta
- Polibak
- Mitsui Chemicals
- Takigawa Seisakusho
- Tri-Pack
- PT. Bhineka Tatamulya
- Vista Film Packaging
- Achilles Corporation
Highlights of The Cast Film Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- CPP
- CPE
- Others
- By Application:
- Food Packaging
- Drug Packaging
- Clothing Packaging
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cast Film Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cast film is a type of motion picture film that is made from a mixture of cellulose nitrate and plastic. The plastic helps to give the film a smooth, glossy finish.
Some of the key players operating in the cast film market are Profol Group, DDN, Zhejiang Yuanda, Shanxi Yingtai, Hubei Huishi, UFLEX, Manuli Stretch, Alpha Marathon, Panverta, Polibak, Mitsui Chemicals, Takigawa Seisakusho, Tri-Pack, PT. Bhineka Tatamulya, Vista Film Packaging, Achilles Corporation.
The cast film market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cast Film Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cast Film Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cast Film Market - Supply Chain
4.5. Global Cast Film Market Forecast
4.5.1. Cast Film Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cast Film Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cast Film Market Absolute $ Opportunity
5. Global Cast Film Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cast Film Market Size and Volume Forecast by Type
5.3.1. CPP
5.3.2. CPE
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cast Film Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cast Film Market Size and Volume Forecast by Application
6.3.1. Food Packaging
6.3.2. Drug Packaging
6.3.3. Clothing Packaging
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cast Film Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cast Film Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cast Film Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cast Film Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cast Film Demand Share Forecast, 2019-2026
9. North America Cast Film Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cast Film Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cast Film Market Size and Volume Forecast by Application
9.4.1. Food Packaging
9.4.2. Drug Packaging
9.4.3. Clothing Packaging
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cast Film Market Size and Volume Forecast by Type
9.7.1. CPP
9.7.2. CPE
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cast Film Demand Share Forecast, 2019-2026
10. Latin America Cast Film Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cast Film Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cast Film Market Size and Volume Forecast by Application
10.4.1. Food Packaging
10.4.2. Drug Packaging
10.4.3. Clothing Packaging
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cast Film Market Size and Volume Forecast by Type
10.7.1. CPP
10.7.2. CPE
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cast Film Demand Share Forecast, 2019-2026
11. Europe Cast Film Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cast Film Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cast Film Market Size and Volume Forecast by Application
11.4.1. Food Packaging
11.4.2. Drug Packaging
11.4.3. Clothing Packaging
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cast Film Market Size and Volume Forecast by Type
11.7.1. CPP
11.7.2. CPE
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cast Film Demand Share, 2019-2026
12. Asia Pacific Cast Film Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cast Film Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cast Film Market Size and Volume Forecast by Application
12.4.1. Food Packaging
12.4.2. Drug Packaging
12.4.3. Clothing Packaging
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cast Film Market Size and Volume Forecast by Type
12.7.1. CPP
12.7.2. CPE
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cast Film Demand Share, 2019-2026
13. Middle East & Africa Cast Film Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cast Film Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cast Film Market Size and Volume Forecast by Application
13.4.1. Food Packaging
13.4.2. Drug Packaging
13.4.3. Clothing Packaging
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cast Film Market Size and Volume Forecast by Type
13.7.1. CPP
13.7.2. CPE
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cast Film Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cast Film Market: Market Share Analysis
14.2. Cast Film Distributors and Customers
14.3. Cast Film Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Profol Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DDN
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zhejiang Yuanda
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shanxi Yingtai
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hubei Huishi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. UFLEX
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Manuli Stretch
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Alpha Marathon
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Panverta
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Polibak
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mitsui Chemicals
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Takigawa Seisakusho
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tri-Pack
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. PT. Bhineka Tatamulya
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Vista Film Packaging
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Achilles Corporation
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
