Timber Wrap Films Market to top a valuation of US$ 601 Million by 2029

Wood Chips Market – Analysis, Forecasts, Growth, Trends, Forecast

Dubai, United Arab Emirates, January 25, 2022 (GLOBE NEWSWIRE) – Global Wood Film Market It is set to be worthy $445.4 million USD In 2022, it is expected to expand at a compound annual growth rate of 4.3% highest rating 601 million US dollars by 2029.

Future Market Insights provides vital insights into the wood packaging film market in its published report “Wood Packaging Film Market: Global Industry Analysis 2014-2021 and Opportunity Assessment 2022-2029.” In terms of revenue, the global wood packaging film market is expected to expand at approximately CAGR 4.3% During the forecast period, due to many factors, which FMI offers comprehensive insights and forecasts in the Wood Packaging Film Market report.

Wood Chips Market Size (2022)

$445.4 million USD

Sales forecast (2029)

601 million US dollars

Global Market Growth Rate (2022-2029)

4.3% compound annual growth rate

The share of the 5 largest manufacturers of wood packaging films

55%

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Timber packaging film is an effective packaging solution that protects timber during storage and shipment. Timber packaging films are used to protect timber from moisture and external elements, which can affect the product’s finish.

High friction wood packaging films are used to provide non-slip protection for wood packaging. High strength films and barrier are used to pack the timber to improve the quality of the pack. Essentially, timber packaging films are designed to protect timber from harsh weather conditions and treat damage.

In the Timber Casing Market Report, FMI states that the increasing use of wood for furniture, building, construction, packaging and as an energy source is driving up demand for timber, which increases the demand for timber casing during the forecast period. The wood packaging film market has been segmented on the basis of thickness and material type.

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Report scope

Describe

details

prediction period

2022-2029

Historical data available for

2014-2021

market analysis

Value in millions of dollars

Main areas covered

• North America
• Latin america
• Europe
• East Asia
• South Asia and the Pacific
• Middle East and Africa (MEA)

Main countries covered

• we
• Canada
• Mexico
• Brazil
• Mexico
• Argentina
• Germany
• Italia
• France
• United kingdom
• North
• Spain
• Japan
• China
• India
• Malaysia
• Thailand
• Australia
• Gulf Cooperation Council countries
• South Africa
• Turkey

Main Market Segments Covered

• Thickness
• type of material
• Area

An overview of the main companies

• RKW SE
• Ab Rani Plast Away.
• Polytarp . products
• SCOTT Lumber Packaging, LLC
• InterWrap Inc.
• Flexpak Corp.
• Inteplast مجموعة group
• Multifab . packaging
• Polymax, Inc.
• Polyprint Packaging Limited
• Pakaflex Pty Limited
• Tri Pac . Company
• Intertape Polymer Group Inc.

Medium-thickness films continue to see high traction

On the basis of thickness, the wood casings market has been segmented into 75 microns, 76-150 microns, 151-225 microns, and over 225 microns. Among them, wood packaging films with a thickness of 76-150 microns are expected to dominate the global market. Wood packaging films of this thickness have high temperature stability, are economical, and have great preference among end users due to their antistatic and flame retardant properties. A sector of thickness 76-150 μm will follow a segment of 151-225 μm over the next decade. The continuous demand for wood products worldwide is likely to drive the growth of the global wood packaging film market.

The North American wood packaging film market is heavily driven by the United States. The demand for timber in the US was unexpectedly high last year and the same scenario is expected in the current year due to higher demand generated by the housing sector. This factor is expected to drive the growth of the global wood packaging film market over the next decade.

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Forests play an important role in the social and economic development of a country. They are very rich sources of firewood, timber, energy and other products. Round timber, industrial round timber and sawn timber are the major forest products in high demand from end users.

Transporting these products and preventing them from moisture are major issues faced by exporters. This is expected to increase the demand for wood packaging films due to its characteristics such as enhanced barrier resistance to moisture, cost efficiency, and lightweight qualities.

The increasing demand for timber storage, loading and transportation is expected to fuel the growth prospects of the timber casings market. Also, to prevent wood warping, wood sheathing films are the perfect solution. For manufacturers of wood furniture, the warping of wood products is a serious problem. This generally occurs during transportation and results in financial losses for manufacturers.

This problem can be prevented by proper transportation of the timber using timber packing films. Timber wrapping films are wrapped around the timber, preventing it from coming into contact with moisture. This factor is expected to drive the growth of the global wood packaging film market during the forecast period.

The major players profiled in the Wood Packaging Films market report include – RKW SE, Balcon Plastics Limited, Ab Rani Plast Oy. , Polytarp Product, SCOTT Lumber Packaging, LLC, InterWrap Inc. , Flexpak Corp. , Inteplast Group, Multifab Packaging, Trioplast Industrier AB, Polymax, Inc. Davidson Plastics Ltd. , Flexoplas Packaging Limited, Polyprint Packaging Limited, Pak-Line Limited, Pakaflex Pty Limited, Tri Pac Inc. , and Intertape Polymer Group Inc.

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Explore FMI’s ongoing comprehensive coverage of the packaging industry

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