Global Compression Film Market is expected to grow at a CAGR of 6.2% during the forecast period. Global Compression Film Market is expected to reach US$ 1221.9 Mn by2026. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.Compression Film Definition:
Compression Film is a type of film material whose unique characteristics enable it to resist tearing and expansion of the packaged product. The compression film is used in general products for the maintenance of compressed conditions as well as for insulation.Global Compression Film Market Dynamics:
Development of the packaging industry to meet the customer requirements and the growing disposable incomes of the customers are the main driving factor for the growth of the Global Compression Film Market. Demand for Compression films is increasing across various sectors like food and beverages, pharmaceutical, and medical packaging, which requires extreme conditions bearing to protect the product. Compression films protect the product and give long-lasting and dimensional stability to the product. Compression films are highly suitable to seal the goods safely for transportation and storage. The property of resistance to forces and bearing of high compression forces reduces the danger of damage or breakage of the product acting as a driver to the growth of the Global Compression Film Market. Increase in the population and urbanization have increased the shopping scale and the purchasing power of the consumers, which have increased the consumption of food products and microwave food products through various modes of shopping, which has resulted in the increased consumption of packaged ready-to-eat foods driving the growth of the Global Compression Film Market. The problems associated with recycling, susceptibility to degradation, and increased cost associated with the compression film are some of the factors restraining the growth of the Global Compression Film Market. As Multilayers Packaging Barrier film structures contain more than one type of plastic, mechanical recycling becomes difficult, which is expected Global Compression Film Market.Global Compression Film Market Segment Analysis:
The report groups the Global Compression Film Market in different segments by Material, end-user, and region to forecast the revenues and analyze the market share of each segment over the forecast period.To know about the Research Methodology :- Request Free Sample Report Based on end-use, the Global Compression Film Market is segmented into Consumer Durables, Healthcare, Pharmaceutical, Food and Beverages, Chemicals and Others. The Food and Beverages segment was dominant in 2019 and is expected to command a market share of xx% by 2026. The presence of various intrinsic parameters like pH, preservatives, and extrinsic parameters like temperature, humidity, and environmental factors, which affect the food product has increased the demand for compression films. Increasing consumption of the grab-and-go products has huge demand because customers are focusing on convenience, which has also increased the demand for Compression films in the food and beverages segment during the forecast period. Compression Films are also used in bakery goods, biscuits, frozen foods, pet food, chips and snacks, dairy products, meat, dry fruits, and others for preventing the product inside the package from environmental contact. Based on material, the Global Compression Film Market is segmented into Polyvinylidene chloride, PET, PE, and Others. The PE segment was dominant in 2019 and is expected to command a market share of xx% by 2026. Polyethylene consists of three types of materials like Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE), and High-Density Polyethylene (HDPE). Depending on the product the choice of the polyethylene to be used for the packaging is decided.
Global Compression Film Market Regional Insights:
Asia Pacific is expected to command the largest market share of xx% by 2026
The increasing population in developing economies of APAC, like China and India have a high demand for the production of food and beverages and pharmaceuticals in the region, which has driven the growth of the Global Compression Film Market. India has a strong network of manufacturers, which have increased the demand for Compression Film in the region. An increase in the preference for packaged meat in the region has also increased the demand for Compression films. High demand for ready-to-eat meals or Take-Home Food items has also increased in the region, which has contributed to the growth of the Global Compression Film Market. The objective of the report is to present a comprehensive analysis of the Global Compression Film Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Compression Film Market dynamics, structure by analyzing the market segments and projects the Global Compression Film Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Compression Film Market make the report investor’s guide.Scope of the Global Compression Film Market Report: Inquire before buying
Global Compression Film Market Key Players
• The 3M Company • Covestro AG • Honeywell International Inc. • Evonik Industries AG • Solvay SA • Dow Chemical Company • Toray • E.I. DuPont De Nemours and Company • Eastman Chemical Company • Sealed Air Corporation • AEP Industries Inc. • Novolex • Bemis Company, Inc. • RKW SE • Dupont Teijin Films • Trioplast Industrier AB • Jindal Poly Films Ltd • Innovia Films • ProAmpac • Linpac Packaging Limited • Clondalkin Group Holdings B.V. • Accredo Packaging, Inc. • Sigma Plastics Group, Inc. • Krehalon Industrie B.V. • Supravis Group S.A. • Sudpack Verpackungen GmbH & Co. KG • Flexopack SA
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Compression Film Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Compression Film Market 3.4. Geographical Snapshot of the Compression Film Market, By Manufacturer share 4. Global Compression Film Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Compression Film Market 5. Supply Side and Demand Side Indicators 6. Global Compression Film Market Analysis and Forecast, 2019-2026 6.1. Global Compression Film Market Size & Y-o-Y Growth Analysis. 7. Global Compression Film Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 7.1.1. Polyethylene (PE) 7.1.2. Polyvinylidene chloride 7.1.3. Polyethylene terephthalate (PET) 7.1.4. Other 7.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 7.2.1. Consumer Durables 7.2.2. Chemicals 7.2.3. Pharmaceuticals 7.2.4. Food & Beverage 7.2.5. Others 8. Global Compression Film Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Compression Film Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 9.1.1. Polyethylene (PE) 9.1.2. Polyvinylidene chloride 9.1.3. Polyethylene terephthalate (PET) 9.1.4. Other 9.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 9.2.1. Consumer Durables 9.2.2. Chemicals 9.2.3. Pharmaceuticals 9.2.4. Food & Beverage 9.2.5. Others 10. North America Compression Film Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Compression Film Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 11.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 12. Canada Compression Film Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 12.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 13. Mexico Compression Film Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 13.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 14. Europe Compression Film Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 14.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 15. Europe Compression Film Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Compression Film Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 16.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 17. France Compression Film Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 17.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 18. Germany Compression Film Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 18.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 19. Italy Compression Film Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 19.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 20. Spain Compression Film Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 20.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 21. Sweden Compression Film Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 21.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 22. CIS Countries Compression Film Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 22.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 23. Rest of Europe Compression Film Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 23.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 24. Asia Pacific Compression Film Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 24.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 25. Asia Pacific Compression Film Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Compression Film Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 26.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 27. India Compression Film Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 27.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 28. Japan Compression Film Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 28.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 29. South Korea Compression Film Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 29.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 30. Australia Compression Film Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 30.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 31. ASEAN Compression Film Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 31.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 32. Rest of Asia Pacific Compression Film Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 32.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 33. Middle East Africa Compression Film Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 33.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 34. Middle East Africa Compression Film Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Compression Film Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 35.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 36. GCC Countries Compression Film Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 36.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 37. Egypt Compression Film Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 37.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 38. Nigeria Compression Film Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 38.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 39. Rest of ME&A Compression Film Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 39.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 40. South America Compression Film Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 40.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 41. South America Compression Film Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Compression Film Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 42.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 43. Argentina Compression Film Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 43.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 44. Rest of South America Compression Film Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Material, 2019-2026 44.2. Market Size (Value) Estimates & Forecast By End Use, 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Compression Film Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. The 3M Company 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Covestro AG 45.3.3. Honeywell International Inc. 45.3.4. Evonik Industries AG 45.3.5. Solvay SA 45.3.6. Dow Chemical Company 45.3.7. Toray 45.3.8. E.I. DuPont De Nemours and Company 45.3.9. Eastman Chemical Company 45.3.10. Sealed Air Corporation 45.3.11. AEP Industries Inc. 45.3.12. Novolex 45.3.13. Bemis Company, Inc. 45.3.14. RKW SE 45.3.15. Dupont Teijin Films 45.3.16. Trioplast Industrier AB 45.3.17. Jindal Poly Films Ltd 45.3.18. Innovia Films 45.3.19. ProAmpac 45.3.20. Linpac Packaging Limited 45.3.21. Clondalkin Group Holdings B.V. 45.3.22. Accredo Packaging, Inc. 45.3.23. Sigma Plastics Group, Inc. 45.3.24. Krehalon Industrie B.V. 45.3.25. Supravis Group S.A. 45.3.26. Sudpack Verpackungen GmbH & Co. KG 45.3.27. Flexopack SA 46. Primary Key Insights