Market Overview:
The global twist wrap 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 twist wrap films in confectionery packaging, gifts wraps, hygiene stationery, and other applications. In terms of type, the market is segmented into up to 16 micron, 16-20 micron, and more than 20 micron segments. The up to 16 micron segment is expected to dominate the global twist wrap film market during the forecast period owing to its low cost and high transparency properties. In terms of application, the confectionery packaging segment is projected to lead the global twist wrap film market during the forecast period due in part by rising demand for packaged food products across regions.
Product Definition:
Twist Wrap Film is a type of packaging film that is used to wrap products. It is made from polypropylene and has a twisted-nylon reinforcement that helps it to resist tearing. This film can be used for a variety of applications, including food packaging, product protection, and bundling.
Upto 16 Micron:
Upto 16 micron is also known as Ultra-Low Micron or ULMWP. It is a type of polyester film with an extremely low molecular weight compared to the standard polyester films. The average molecular weight of a typical ULMWP film ranges from 1,000 to 10,000 and hence it is also known as ultra-low microfilm or UMLMWF.
16-20 Micron:
16-20 Micron is the size range of microfilm particles, which has a diameter range of 16 to 20 microns. Microfilms are used in packaging applications such as food & beverages and pharmaceuticals. Increasing demand for twist wrap film from these industries is expected to drive market growth over the forecast period.
Increasing consumption of packaged foods including ready-to-eat meals, snacks,.
Application Insights:
The confectionery packaging segment led the market and accounted for more than 35.0% share of the global revenue in 2017. This significant share is attributed to growing demand for various confectionery products such as chocolates, candies, and sweets among other packaged food items. Twist wraps are preferred over traditional cellophane or paper tapes owing to their better adhesion properties with plastic compounds used in packaging chocolate bars.
Gifts wraps are expected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing spending by consumers on gift giving occasions such as weddings, anniversaries, promotions & farewells among others which has resulted in increased demand for customized printed gift wrap films that offer an attractive look while protecting gifts from damage during wrapping and transportation processes.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to increasing demand for packaged food and confectionery products. Furthermore, rising consumer preference for convenience foods such as ready-to-eat meals and snacks is anticipated to drive product demand in this region.
Asia Pacific was the second largest regional market in 2017 due to high consumption levels of twist wraps film products in China and India on account of their rapidly expanding food & beverage industry coupled with growing domestic brands entering into international markets seeking opportunities for expansion at a low cost compared to developed regions.
Growth Factors:
- Increasing demand from food and beverage industry for packaging of products in hygienic manner.
- Rising trend of using sustainable and biodegradable packaging materials.
- Growing popularity of twist wrap film as an effective means for marketing and branding products.
- Proliferation of small-scale businesses that require affordable yet quality packaging solutions.
- Increasing investment by leading players in research and development to introduce innovative twist wrap film products
Scope Of The Report
Report Attributes
Report Details
Report Title
Twist Wrap Film Market Research Report
By Type
Upto 16 Micron, 16-20 Micron, More than 20 Micron
By Application
Confectionery Packaging, Gifts Wraps, Hygiene Stationery, Others
By Companies
Ester Industries, A&M Packaging, Radha Madhav Corporation, LyondellBasell, Manish Packaging, Sysco Industries, KM Packaging, SwissPack New Zealand, Ester Industries
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
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Twist Wrap Film Market Report Segments:
The global Twist Wrap Film market is segmented on the basis of:
Types
Upto 16 Micron, 16-20 Micron, More than 20 Micron
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
Confectionery Packaging, Gifts Wraps, Hygiene Stationery, 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:
- Ester Industries
- A&M Packaging
- Radha Madhav Corporation
- LyondellBasell
- Manish Packaging
- Sysco Industries
- KM Packaging
- SwissPack New Zealand
- Ester Industries
Highlights of The Twist Wrap 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:
- Upto 16 Micron
- 16-20 Micron
- More than 20 Micron
- By Application:
- Confectionery Packaging
- Gifts Wraps
- Hygiene Stationery
- 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 Twist Wrap 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?
Twist wrap film is a type of packaging film that is used to protect products during shipping and storage. The film is wrapped around the product in a spiral pattern, and then sealed with an adhesive. This prevents the product from being damaged while it's in transit, and it also keeps the product fresh during storage.
Some of the key players operating in the twist wrap film market are Ester Industries, A&M Packaging, Radha Madhav Corporation, LyondellBasell, Manish Packaging, Sysco Industries, KM Packaging, SwissPack New Zealand, Ester Industries.
The twist wrap film 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 Twist Wrap Film 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 Twist Wrap Film Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Twist Wrap Film 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 Twist Wrap Film 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 Twist Wrap Film Market Size & Forecast, 2018-2028
4.5.1 Twist Wrap Film Market Size and Y-o-Y Growth
4.5.2 Twist Wrap Film Market Absolute $ Opportunity
Chapter 5 Global Twist Wrap Film 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 Twist Wrap Film Market Size Forecast by Type
5.2.1 Upto 16 Micron
5.2.2 16-20 Micron
5.2.3 More than 20 Micron
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Twist Wrap Film 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 Twist Wrap Film Market Size Forecast by Applications
6.2.1 Confectionery Packaging
6.2.2 Gifts Wraps
6.2.3 Hygiene Stationery
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Twist Wrap Film 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 Twist Wrap Film 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 Twist Wrap Film Analysis and Forecast
9.1 Introduction
9.2 North America Twist Wrap Film 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 Twist Wrap Film Market Size Forecast by Type
9.6.1 Upto 16 Micron
9.6.2 16-20 Micron
9.6.3 More than 20 Micron
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 Twist Wrap Film Market Size Forecast by Applications
9.10.1 Confectionery Packaging
9.10.2 Gifts Wraps
9.10.3 Hygiene Stationery
9.10.4 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 Twist Wrap Film Analysis and Forecast
10.1 Introduction
10.2 Europe Twist Wrap Film 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 Twist Wrap Film Market Size Forecast by Type
10.6.1 Upto 16 Micron
10.6.2 16-20 Micron
10.6.3 More than 20 Micron
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 Twist Wrap Film Market Size Forecast by Applications
10.10.1 Confectionery Packaging
10.10.2 Gifts Wraps
10.10.3 Hygiene Stationery
10.10.4 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 Twist Wrap Film Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Twist Wrap Film 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 Twist Wrap Film Market Size Forecast by Type
11.6.1 Upto 16 Micron
11.6.2 16-20 Micron
11.6.3 More than 20 Micron
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 Twist Wrap Film Market Size Forecast by Applications
11.10.1 Confectionery Packaging
11.10.2 Gifts Wraps
11.10.3 Hygiene Stationery
11.10.4 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 Twist Wrap Film Analysis and Forecast
12.1 Introduction
12.2 Latin America Twist Wrap Film 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 Twist Wrap Film Market Size Forecast by Type
12.6.1 Upto 16 Micron
12.6.2 16-20 Micron
12.6.3 More than 20 Micron
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 Twist Wrap Film Market Size Forecast by Applications
12.10.1 Confectionery Packaging
12.10.2 Gifts Wraps
12.10.3 Hygiene Stationery
12.10.4 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) Twist Wrap Film Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Twist Wrap Film 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) Twist Wrap Film Market Size Forecast by Type
13.6.1 Upto 16 Micron
13.6.2 16-20 Micron
13.6.3 More than 20 Micron
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) Twist Wrap Film Market Size Forecast by Applications
13.10.1 Confectionery Packaging
13.10.2 Gifts Wraps
13.10.3 Hygiene Stationery
13.10.4 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 Twist Wrap Film Market: Competitive Dashboard
14.2 Global Twist Wrap Film Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ester Industries
14.3.2 A&M Packaging
14.3.3 Radha Madhav Corporation
14.3.4 LyondellBasell
14.3.5 Manish Packaging
14.3.6 Sysco Industries
14.3.7 KM Packaging
14.3.8 SwissPack New Zealand
14.3.9 Ester Industries
