Timber Wrap Films Market Size & Growth Analysis to 2030

The global timber wrap films market size was estimated at around USD 500 million in 2022 and expected to grow at a significant growth rate (CAGR) of over 4% during the forecast period from 2023 to 2030. By region, North America is estimated to hold the largest market share of around 1/3 market share by the end of the analysis period owing to the high demand for wood in housing applications.

The increasing demand for longer shelf life and maintaining the quality of timber is a key factor driving the timber wrap films industry at a significant growth rate. Furthermore, the features associated with the product such as low cost, lightweight, and damage resistance are anticipated to increase the demand for timber wrap films in the furniture industry, which is fueling the market growth. Moreover, the increasing demand for the product among furniture manufacturers is projected to fuel market growth. In addition, the significant growth in the demand for effective storage, transportation, and loading-unloading of timber is projected to propel the market growth over the forecast period.

Global Timber Wrap Films Market Attributes:

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Market Insights:

By thickness, the 76 to 150-micron segment is expected to hold the largest market share of around 1/2 of the market by 2030

The global timber wrap films market is bifurcated into thickness, material, and geography. On the basis of thickness, the market is further segmented into up to 75 microns, 76 to 150 micron, 151 to 225 micron, and above 225 micron. The 76 to 150 micron segment dominated the global market in 2022 and expected to hold the largest revenue share of around 1/2 of the market by the end of the analysis period. The high demand of films with thicknesses of 76 to 150 microns in various end-use industries is one of the key factor driving the segment growth. Furthermore, the properties associated with the product such as high-temperature stability, anti-static, and flame retardant properties are further anticipated to fuel the segment growth over the forecast period.

By material, the PE segment dominated the global market in the benchmark year

On the basis of material, the makret is segmented into polyethylene (PE) and polypropylene (PP). The PE segment dominated the global timber wrap films market in 2022 and estimated to maintain its dominance over the forecast period. The polyethylene segment is further sub-segmented into HDPE and LDPE. The higher preference for the PE material among timber wrap film manufacturers due to its higher temperature resistance and humidity resistance is one of the prominent factor driving the segment growth significantly.

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The global timber wrap films market report explores the critical analysis of the industry using key parameters. The report covers investment strategies, the need for investment in the industry, and several benefits for investors. Significantly, this report sets out major changes in the global technical regulations for the market, as well as how economic and non-economic constraints are helping the market to grow. Furthermore, the report analyzes the historic and forecasted market size at the global, regional, and country-level. The report also provides a comprehensive analysis of key investment proposals, competitor positions, porter’s five force analysis, SWOT analysis, pestel analysis, value chain analysis, etc.

The timber wrap films comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2023 to 2030. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The timber wrap films market research report presents the analysis of each segment from 2020 to 2030 considering 2022 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2023 to 2030.

Historical & Forecast Period

• 2020-21 – Historical Year
• 2022 – Base Year
• 2023-2030 – Forecast Period

Global Timber Wrap Films Market Segmentation:

Timber wrap films Market Segmentation by Thickness:

• Up to 75 Micron
• 76 to150 Micron
• 151 to 225 Micron
• Above 225 Micron

Timber Wrap Films Market Segmentation by Material:

• Polyethylene (PE)
  • High-Density Polyethylene (HDPE)
  • Low-Density Polyethylene (LDPE)
• Polypropylene (PP)

Timber Wrap Films Market Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Timber Wrap Films Market: Geographic Coverage

Geographically, the timber wrap films market report comprises dedicated sections centering on the regional market revenue and trends. The timber wrap films market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The timber wrap films market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Timber wrap films market estimates have also been provided for the historical years 2020 & 2021 along with forecasts for the period from 2023 – 2030.

Timber Wrap Films Market: Competitive Assessment

Some of the prominent market players operating in the global timber wrap films market are RKW SE, Ab Rani Plast Oy., Polytarp Products, SCOTT Lumber Packaging, LLC, and InterWrap Inc. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

• RKW SE
• Ab Rani Plast Oy.
• Polytarp Products
• SCOTT Lumber Packaging, LLC
• InterWrap Inc.
• Flexpak Corp.
• Inteplast Group
• Multifab Packaging
• Polymax, Inc.
• Polyprint Packaging Limited

Key Questions Answered by Timber Wrap Films Market Report

• Global timber wrap films market forecasts from 2023-2030
• Regional market forecasts from 2023-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2023-2030 covering 15 major countries from the regions as mentioned above
• Timber wrap films submarket forecasts from 2023-2030 covering the market by thickness, material, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis about the market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level timber wrap films markets from 2023-2030
• Competitive Landscape and market positioning of the top 10 players operating in the market