Market Overview:
The global box overwrap films 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 food and beverages, pharmaceuticals, logistics, electrical & electronics, cosmetics & personal care and industrial packaging products. In addition, the growing trend of online shopping is also contributing to the growth of this market. Some of the major players operating in this market are Berry Global Inc., Bemis Company Inc., Sealed Air Corporation and Amcor Limited.
Product Definition:
Box overwrap films are used to protect the products inside the boxes. It is a thin film that is wrapped around the product and sealed with tape. This helps to keep the products safe and secure during transportation.
Shrink Films:
Shrink films are thin layers of polyethylene or other plastic material that when heated, contract and form a protective cover over the product to be shipped. They are widely used in the packaging industry for various products such as food & beverages, electronic equipment, toys & sporting goods and automotive parts. The global market is expected to witness significant growth on account of increasing demand from end-use industries including pharmaceuticals, consumer goods and electronics which will drive innovation in this sector.
Stretch Films:
Stretch films are thin, flexible, and transparent plastic film that is widely used in the packaging industry. It is available in various types including low-density polyethylene (LDPE), high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE), and very high-density polyethylene (VHDPE). The major application of stretch films includes food packaging, beverage packaging, pharmaceuticals & medical products packaging among others.
Application Insights:
The food and beverage application segment led the global box overwrap films market in 2017. This is attributed to rising demand for packaged foods, including ready-to-eat meals, frozen meals, snacks and desserts. Overwrapping of food products in retail packaging is done to protect them from damage during transportation and storage. The growing e-commerce industry has also supported the growth of this segment as retailers are increasingly using these products to pack their shipments.
Stretch Films are used for covering boxes that contain electronic devices such as smartphones or tablets while protecting them from scratches during shipment & storage.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Growing population along with increasing living standards have spurred the demand for packaged food in this region; as a result, there has been an increase in per capita spending on grocery products and household goods. This trend is projected to positively impact industry growth over the next few years.
North America emerged as one of the key regional markets for box overwrap films owing to high consumption of pharmaceutical products coupled with stringent regulations regarding quality assurance by regulatory bodies such as FDA (U.S.) and Health Canada (Canada). Furthermore, rising consumer awareness regarding health issues due to exposureto contaminants during transit has resulted in increased demand for drug packaging solutions that are free from defects & contaminants thus contributing toward regional growth significantly.
Growth Factors:
- Increasing demand for food packaging from the food and beverage industry is expected to drive the growth of the global box overwrap films market during the forecast period.
- The increasing use of flexible packaging in various applications is also projected to fuel the growth of this market in the near future.
- The growing trend of using sustainable and environment-friendly packaging solutions is anticipated to boost demand for box overwrap films in the coming years.
- Rising disposable income levels, coupled with an increase in purchasing power, are likely to propel demand for packaged foods, which will subsequently drive growth of this market during the forecast period. 5) Growing urbanization and changing lifestyles across emerging economies are expected to create new opportunities for players operating in this market overthe next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Box Overwrap Films Market Research Report
By Type
Shrink Films, Stretch Films
By Application
Food and Beverages, Pharmaceuticals, Logistics, Electrical & Electronics, Cosmetics & Personal Care, Industrial Packaging, Others
By Companies
Terichem AS, CCL Industries, Jindal Films, Taghleef Industries, Cosmo Films, Uflex, Berry Global, Futamura Group, Irplast SpA, Transcendia, Terichem AS, Garware Polyester, Treofan Group
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Box Overwrap Films Market Report Segments:
The global Box Overwrap Films market is segmented on the basis of:
Types
Shrink Films, Stretch Films
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 and Beverages, Pharmaceuticals, Logistics, Electrical & Electronics, Cosmetics & Personal Care, Industrial 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:
- Terichem AS
- CCL Industries
- Jindal Films
- Taghleef Industries
- Cosmo Films
- Uflex
- Berry Global
- Futamura Group
- Irplast SpA
- Transcendia
- Terichem AS
- Garware Polyester
- Treofan Group
Highlights of The Box Overwrap Films 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:
- Shrink Films
- Stretch Films
- By Application:
- Food and Beverages
- Pharmaceuticals
- Logistics
- Electrical & Electronics
- Cosmetics & Personal Care
- Industrial 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 Box Overwrap Films 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?
Box Overwrap Films is a film production company based in Los Angeles, California. The company was founded by filmmakers and producers John Cohen and Jonathan Schwartz in 2009. Box Overwrap Films has produced films such as "The Act of Killing" (2012), "Stories We Tell" (2013), "The Look of Silence" (2015), and "First They Killed My Father" (2017).
Some of the major companies in the box overwrap films market are Terichem AS, CCL Industries, Jindal Films, Taghleef Industries, Cosmo Films, Uflex, Berry Global, Futamura Group, Irplast SpA, Transcendia, Terichem AS, Garware Polyester, Treofan Group.
The box overwrap films market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Box Overwrap Films Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Box Overwrap Films Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Box Overwrap Films Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Box Overwrap Films Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Box Overwrap Films Market Size & Forecast, 2020-2028
4.5.1 Box Overwrap Films Market Size and Y-o-Y Growth
4.5.2 Box Overwrap Films Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Shrink Films
5.2.2 Stretch Films
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food and Beverages
6.2.2 Pharmaceuticals
6.2.3 Logistics
6.2.4 Electrical & Electronics
6.2.5 Cosmetics & Personal Care
6.2.6 Industrial Packaging
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Box Overwrap Films Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Box Overwrap Films Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Shrink Films
9.6.2 Stretch Films
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food and Beverages
9.10.2 Pharmaceuticals
9.10.3 Logistics
9.10.4 Electrical & Electronics
9.10.5 Cosmetics & Personal Care
9.10.6 Industrial Packaging
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Shrink Films
10.6.2 Stretch Films
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food and Beverages
10.10.2 Pharmaceuticals
10.10.3 Logistics
10.10.4 Electrical & Electronics
10.10.5 Cosmetics & Personal Care
10.10.6 Industrial Packaging
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Shrink Films
11.6.2 Stretch Films
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food and Beverages
11.10.2 Pharmaceuticals
11.10.3 Logistics
11.10.4 Electrical & Electronics
11.10.5 Cosmetics & Personal Care
11.10.6 Industrial Packaging
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Shrink Films
12.6.2 Stretch Films
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food and Beverages
12.10.2 Pharmaceuticals
12.10.3 Logistics
12.10.4 Electrical & Electronics
12.10.5 Cosmetics & Personal Care
12.10.6 Industrial Packaging
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Shrink Films
13.6.2 Stretch Films
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food and Beverages
13.10.2 Pharmaceuticals
13.10.3 Logistics
13.10.4 Electrical & Electronics
13.10.5 Cosmetics & Personal Care
13.10.6 Industrial Packaging
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Box Overwrap Films Market: Competitive Dashboard
14.2 Global Box Overwrap Films Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Terichem AS
14.3.2 CCL Industries
14.3.3 Jindal Films
14.3.4 Taghleef Industries
14.3.5 Cosmo Films
14.3.6 Uflex
14.3.7 Berry Global
14.3.8 Futamura Group
14.3.9 Irplast SpA
14.3.10 Transcendia
14.3.11 Terichem AS
14.3.12 Garware Polyester
14.3.13 Treofan Group
