Global Cast Films Outlook Expected to Reach a Value of $1.98 Billion with a CAGR of 6%, by 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Cast Films - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.

The Global Cast Films Market accounted for $1.19 billion in 2018 and is expected to reach $1.98 billion by 2027 growing at a CAGR of 6%.

Growing demand for cast film in packaging solutions in developing countries and rising growth of the industrial landscape is likely to boost the growth of the market. However, cast films produced higher scrap is likely to hamper the profit boundaries.

The cast films are mainly used for pallet wrapping, which helps in protecting the load from any environmental damage. Products across the world need to be transported from one country to another. Transportation of products would heavily utilize cast stretch film attributing to its market growth. Packaging products with cast film is natural, and the content-packed is easily visible. High visibility of the wrapped product at a lower cost makes it convenient for the end-user to use owing to its increased demand. There are a few downsides as well to the cast film like low holding power in comparison to the blown stretch film, minimal ability to attain original state after stretching and others. The cast films are easy to use and are available in the market at reduced costs than other films like blown stretch film. Cast film manufacturers are trying to enhance the holding power and tear resistance.

Based on the application, Food packaging was the largest application in the market. Rapidly growing food & beverages industry across the globe shall fuel the cast films demand over the forecast period. Product application in food packaging is increasing with a rapid CAGR from past few years due to its properties such as high clarity & gloss, high seal strength and good moisture barrier.

By geography, Asia Pacific was the largest region in Cast films market due to the adoption of innovative and high-performance raw materials, including engineered plastics, will remain instrumental for businesses to gain momentum in Asia Pacific's cast films market. The intensifying competitive landscape will trigger market players to invest heavily in research & development (R&D) to offer high-quality packaging solutions with improved performance of cast films.

What the report offers:

• Market share assessments for the regional and country level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.4.1 Data Mining

2.4.2 Data Analysis

2.4.3 Data Validation

2.4.4 Research Approach

2.5 Research Sources

2.5.1 Primary Research Sources

2.5.2 Secondary Research Sources

2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Product Analysis

3.7 Application Analysis

3.8 End User Analysis

3.9 Emerging Markets

3.10 Futuristic Market Scenario

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Cast Films Market, By Product

5.1 Introduction

5.2 Cast Polypropylene

5.3 Customer Provided Equipment

5.4 Other Products

6 Global Cast Films Market, By Material Type

6.1 Introduction

6.2 Polyethylene

6.3 Biaxially Oriented PolyPropylene

6.4 Poly Vinyl Chloride

6.5 Polyvinylidene chloride

6.6 Other Materials

7 Global Cast Films Market, By Form

7.1 Introduction

7.2 Cast Cling Film

7.3 Blow Cling Film

8 Global Cast Films Market, By Thickness

8.1 Introduction

8.2 Up To 9 Microns

8.3 9-12 Microns

8.4 Above 12 Microns

9 Global Cast Films Market, By Applications

9.1 Introduction

9.2 Clothing Packaging

9.3 Drug Packaging

9.4 Food Packaging

9.5 Other Applications

10 Global Cast Films Market, By End User

10.1 Introduction

10.2 Electrical & Electronics

10.3 Food & Beverages

10.4 Industrial

10.5 Personal Care

10.6 Pharmaceuticals

10.7 Other End Users

11 Global Cast Films Market, By Geography

11.1 Introduction

11.2 North America

11.3 Europe

11.4 Asia Pacific

11.5 South America

11.6 Middle East & Africa

12 Key Developments

12.1 Agreements, Partnerships, Collaborations and Joint Ventures

12.2 Acquisitions & Mergers

12.3 New Product Launch

12.4 Expansions

12.5 Other Key Strategies

13 Company Profiling

13.1 Zhejiang Yuanda

13.2 Vista Film Packaging

13.3 UFLEX

13.4 Tri-Pack

13.5 Takigawa Seisakusho

13.6 Shanxi Yingtai

13.7 PT. Bhineka Tatamulya

13.8 Profol Group

13.9 Polibak

13.10 Panverta

13.11 Mitsui Chemicals

13.12 Hubei Huishi

13.13 DDN

13.14 Alpha Marathon

13.15 Achilles Corporation

For more information about this report visit https://www.researchandmarkets.com/r/3lweyj