The global demand for Wrap Around Label Films Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Wrap around label films are polypropylene or polyethylene films which can be wrapped around objects such that both ends overlap. The label films contain all the necessary information about products, including both text and graphics. These plastic films are lightweight but yet durable and can resistant any sort of environmental effects. Transparent, white and metallic are some variations of wrap around label films and they are available for both cut and stack labelling and reel fed labelling. Wrap around label films play a key role in product packaging. Some applications that use wrap around label films are food and beverage, personal care, healthcare and home care. These are ideally applied on plastic bottles and tubes, glass containers and metal cans.
Market Dynamics
The wrap around label films market is predicted to exhibit significant growth over the forecast period. The key factor driving its market is accelerated demand for the product owing to its visual appeal which in turn creates brand identity and offers distinguishing features to its products. Another major factor driving its market is growing need for sustainable product packaging. Growth in FMCG sector will increase the demand for label films thereby influencing its market positively. Furthermore, change in environmental policies and stringent government rules leading to increasing production of biodegradable label films and upcoming printing technologies performing well in trial runs will propel market growth. However, high cost and issues related to recycling may hamper the growth of wrap around label films market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of wrap around label films. The growth and trends of wrap around label films industry provide a holistic approach to this study.
Market Segmentation
This section of the wrap around label films market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Material Used
- Polyethylene (PE)
- Polyethylene Terephthalate (PET)
- Polypropylene (PP)
- Biaxial Oriented Polypropylene (BOPP)
- Cast Propylene (CPP)
- Others (Glass, Papers, Etc.)
By Film Type
- Coated
- Uncoated
- Squeezable
By Appearance
- Metallic
- Gloss
- Clear
- White
By Printing
By End-Use Industries
- Food & Beverages
- Homecare
- Pharmaceuticals
- Personal Care & Cosmetics
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Wrap Around Label Films market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Wrap Around Label Films Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the wrap around label films market include Mondi Group plc, Irplast S.p.A., Invico S.A., Bischof + Klein France SAS, SELENA S.p.A., HERMA GmbH, Avery Dennison Corp., Dunmore Corp., Renolit SE, POLI-FILM SA, Accrued Plastic Ltd., Manucor S.p.A. and others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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