Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Waste Wrap Film Market by Type (Shrink Film, Stretch Film), By Application (Food and Beverage Industry, Automotive Industry, Pharmaceutical and Healthcare Industry, Electrical and Electronics Industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Waste Wrap Film Market by Type (Shrink Film, Stretch Film), By Application (Food and Beverage Industry, Automotive Industry, Pharmaceutical and Healthcare Industry, Electrical and Electronics Industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 148965 3300 Consumer Goods 377 238 Pages 4.5 (44)
                                          

Market Overview:


The global waste 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 shrink and stretch films from various end-use industries, such as food and beverage, automotive, pharmaceuticals and healthcare, electrical and electronics, among others. In terms of type, the shrink film segment is projected to hold a larger share of the global waste wrap film market during the forecast period. This can be attributed to its growing demand from end-use industries for packaging applications that require high performance in terms of strength and durability.


Global Waste Wrap Film Industry Outlook


Product Definition:


The definition of waste wrap film is a thin, transparent plastic film used to wrap and protect products during shipping. It is important because it protects products from being damaged in transit.


Shrink Film:


Shrink film is a type of plastic film that can be used to wrap around various types of objects. It is usually made up of Polyethylene (PE), Polypropylene (PP), and polyvinyl chloride, among others. The three most commonly used polymers in the industry are High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE) and Linear Low-densityPolyethylene(LLDPE).


Stretch Film:


Stretch film is a flexible packaging material that is widely used for the packaging of furniture, bedding, clothes and other home furnishings. It can be easily rolled up and down as per requirement to fit in any space. The global stretch film market size was valued at USD 25 billion in 2015 and is expected to witness significant growth over the forecast period owing to its increasing application scope in waste wrap films.


Application Insights:


The food and beverage industry was the largest application segment in 2016, accounting for a market share of over 35%. The growth can be attributed to increasing demand for fresh and frozen foods across the globe. Moreover, rising disposable income levels among people in developing countries including India and China is expected to drive consumption of wraps over the next few years.


The automotive industry is anticipated to witness significant growth over the forecast period owing to increasing production levels of passenger cars and commercial vehicles across various regions including Asia Pacific, North America, Europe and South America. In addition, stringent regulations regarding reduction in weight of vehicles are likely to boost product demand from 2017 till 2030 globally.


Regional Analysis:


North America accounted for the largest share of over 35.0% in 2017, owing to the presence of a large number of market players and high demand from end-use industries. The U.S., being one of the most developed countries in terms of technology, is also witnessing an increasing demand for electronic products such as mobile phones and laptops; which is expected to drive industry growth over the forecast period.


Asia Pacific was valued at USD X million in 2017.


Growth Factors:


  • Increasing demand from end-use industries: The global waste wrap film market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand from end-use industries such as automotive, food and beverage, and retail.
  • Rising environmental concerns: The growing awareness about environment protection is driving the demand for recyclable materials, which in turn is propelling the growth of the global waste wrap film market.
  • Technological advancements: The introduction of innovative technologies that offer better performance and durability is fueling the growth of this market. For instance, recent technological advancements have led to development of bio-based films that are made up of renewable resources such as corn starch or sugarcane bagasse fibers instead traditional petroleum based polymers used in manufacturing conventional plastic films products . This helps reduce environmental impact by reducing reliance on fossil fuels . 4) Growing ecommerce industry: Rapid expansion in ecommerce sector has resulted in increase in packaging needs, thereby boosting growth prospects for global waste wrap film market over next few years . 5) Rising disposable income levels: rising disposable income levels across emerging economies are anticipated to spur adoption rates for various types of packaging products including waste wrap films , thereby providing impetus to overall growth prospects for this market during forecast period

Scope Of The Report

Report Attributes

Report Details

Report Title

Waste Wrap Film Market Research Report

By Type

Shrink Film, Stretch Film

By Application

Food and Beverage Industry, Automotive Industry, Pharmaceutical and Healthcare Industry, Electrical and Electronics Industry, Others

By Companies

Trioplast, Coveris Holdings, Reo-Pack, Cross Wrap, BSK & Lakufol Kunststoffe

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

238

Number of Tables & Figures

167

Customization Available

Yes, the report can be customized as per your need.


Global Waste Wrap Film Market Report Segments:

The global Waste Wrap Film market is segmented on the basis of:

Types

Shrink Film, Stretch Film

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 Beverage Industry, Automotive Industry, Pharmaceutical and Healthcare Industry, Electrical and Electronics Industry, 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:

  1. Trioplast
  2. Coveris Holdings
  3. Reo-Pack
  4. Cross Wrap
  5. BSK & Lakufol Kunststoffe

Global Waste Wrap Film Market Overview


Highlights of The Waste Wrap Film Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Shrink Film
    2. Stretch Film
  1. By Application:

    1. Food and Beverage Industry
    2. Automotive Industry
    3. Pharmaceutical and Healthcare Industry
    4. Electrical and Electronics Industry
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Waste 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

Global Waste Wrap Film Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Waste wrap film is a type of plastic film that is used to cover or protect objects while they are being transported. It is also used to create temporary packaging for products.

Some of the major companies in the waste wrap film market are Trioplast, Coveris Holdings, Reo-Pack, Cross Wrap, BSK & Lakufol Kunststoffe.

The waste wrap film market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Waste Wrap 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. Waste Wrap Film Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Waste Wrap Film Market - Supply Chain
   4.5. Global Waste Wrap Film Market Forecast
      4.5.1. Waste Wrap Film Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Waste Wrap Film Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Waste Wrap Film Market Absolute $ Opportunity

5. Global Waste Wrap 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. Waste Wrap Film Market Size and Volume Forecast by Type
      5.3.1. Shrink Film
      5.3.2. Stretch Film
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Waste Wrap 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. Waste Wrap Film Market Size and Volume Forecast by Application
      6.3.1. Food and Beverage Industry
      6.3.2. Automotive Industry
      6.3.3. Pharmaceutical and Healthcare Industry
      6.3.4. Electrical and Electronics Industry
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Waste Wrap 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. Waste Wrap 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 Waste Wrap 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. Waste Wrap 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 Waste Wrap Film Demand Share Forecast, 2019-2026

9. North America Waste Wrap 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 Waste Wrap 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 Waste Wrap Film Market Size and Volume Forecast by Application
      9.4.1. Food and Beverage Industry
      9.4.2. Automotive Industry
      9.4.3. Pharmaceutical and Healthcare Industry
      9.4.4. Electrical and Electronics Industry
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Waste Wrap Film Market Size and Volume Forecast by Type
      9.7.1. Shrink Film
      9.7.2. Stretch Film
   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 Waste Wrap Film Demand Share Forecast, 2019-2026

10. Latin America Waste Wrap 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 Waste Wrap 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 Waste Wrap Film Market Size and Volume Forecast by Application
      10.4.1. Food and Beverage Industry
      10.4.2. Automotive Industry
      10.4.3. Pharmaceutical and Healthcare Industry
      10.4.4. Electrical and Electronics Industry
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Waste Wrap Film Market Size and Volume Forecast by Type
      10.7.1. Shrink Film
      10.7.2. Stretch Film
   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 Waste Wrap Film Demand Share Forecast, 2019-2026

11. Europe Waste Wrap 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 Waste Wrap 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 Waste Wrap Film Market Size and Volume Forecast by Application
      11.4.1. Food and Beverage Industry
      11.4.2. Automotive Industry
      11.4.3. Pharmaceutical and Healthcare Industry
      11.4.4. Electrical and Electronics Industry
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Waste Wrap Film Market Size and Volume Forecast by Type
      11.7.1. Shrink Film
      11.7.2. Stretch Film
   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 Waste Wrap Film Demand Share, 2019-2026

12. Asia Pacific Waste Wrap 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 Waste Wrap 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 Waste Wrap Film Market Size and Volume Forecast by Application
      12.4.1. Food and Beverage Industry
      12.4.2. Automotive Industry
      12.4.3. Pharmaceutical and Healthcare Industry
      12.4.4. Electrical and Electronics Industry
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Waste Wrap Film Market Size and Volume Forecast by Type
      12.7.1. Shrink Film
      12.7.2. Stretch Film
   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 Waste Wrap Film Demand Share, 2019-2026

13. Middle East & Africa Waste Wrap 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 Waste Wrap 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 Waste Wrap Film Market Size and Volume Forecast by Application
      13.4.1. Food and Beverage Industry
      13.4.2. Automotive Industry
      13.4.3. Pharmaceutical and Healthcare Industry
      13.4.4. Electrical and Electronics Industry
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Waste Wrap Film Market Size and Volume Forecast by Type
      13.7.1. Shrink Film
      13.7.2. Stretch Film
   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 Waste Wrap Film Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Waste Wrap Film Market: Market Share Analysis
   14.2. Waste Wrap Film Distributors and Customers
   14.3. Waste Wrap Film Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Trioplast
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Coveris Holdings
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Reo-Pack
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Cross Wrap
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. BSK & Lakufol Kunststoffe
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. COMPANY6
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. COMPANY7
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. COMPANY8
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         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

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