Packaging has become a key constituent of modern life due to the ease of transportation, storage and inclination of the consumer towards a wide usage of bags. The demand for the rising of packaging products is due to its easy availability.
One such product which is growing with pace is bundling film market, most of the bundling film bags are lay flat or gusseted in nature and are available in different sizes and can also be customized to meet customer precise needs. Customization of bundling film packaging in terms of space, capacity can improve the market globally in the forecast period.
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Bundling Film Market- Market Segmentation:
The global bundling film market can be segmented on the basis of material type, packaging type, by product type, end-use and by region. On the basis of material type bundling film market can be segmented into Polyethylene (PE), Polyvinylidenchloride (PVDC), Polypropylene (PP), `Polyvinylchloride (PVC), Polyester (PET), and Polyamide (PA). On the basis of packaging type bundling film market can be segmented into flexible packaging and semi-rigid packaging.
Bundling Film Market - Market Dynamics:
Growth in demand for bundling film market is expected to grow strongly for several reasons. One of the major factors contributing towards the growth of bundling film market is the dispensers which offer the ability to control the film tension during the application process, and also it offer a brake that allows users to modify film tension. The lightweight stretch bundling film dispenser offers easy application for users which is another aspect towards the growth of the bundling film market.
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Bundling Film Market - Regional Outlook:
Geographically, the global bundling film market is segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and the Middle East & Africa (MEA). The global bundling film market is expected to witness a stable CAGR over the forecast period of 2016-2024.
Bundling Film Market - Major Players:
Some of the major players identified across the globe in the bundling film market are Berry Plastics, Amcor Limited, Mondi Group, Professional Packaging Systems, Inc., Global-Pak, Plastipak Group, Halsted, Intertape Polymer Group, J&HM Dickson, Jumbo Bag, Langston, LC Packaging, Jinxing Plastic Packaging Branch, Shanghai Lucky Hi-Tech Material International Trade Co., Ltd., Dongguan Yason Pack Co., Ltd., Tongcheng Soma Package Co., Ltd., Qingdao Bothwin International Trade Co., Ltd.
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