[250 Pages Report] The global fiber bale packaging film market is estimated to create an incremental opportunity of more than US$ 3.5 Bn by the end of 2032. The sales of fiber bale packaging films are expected to surpass US$ 2.8 Bn by 2022, accelerating at a CAGR of nearly 4% to 5% during the forecast period 2022-2032.
Increasing adoption of innovative bales packaging solutions for convenient handling, storing, and transportation across diverse industries is projected to facilitate the demand for fiber bale packaging film in the global market.
| Report Attribute | Details |
|---|---|
| Fiber Bale Packaging Film Market Base Year Value (2021) | US$ 2.75 Billion |
| Fiber Bale Packaging Film Market Expected Value (2022) | US$ 2.80 Billion |
| Fiber Bale Packaging Film Market Anticipated Value (2032) | US$ 3.5 Million |
| Fiber Bale Packaging Film Market Projected Growth Rate (2022 to 2032) | 4% to 5% CAGR |
Fiber bale packaging is a versatile type of bulk packaging technique that protects products during logistics from forklift grease, dirt in the factory, and numerous handlers. Once attached to the other products or pieces, each piece is transformed into a greatly enclosed and accommodated compact, durable fiber bale.
Fiber bale packaging films are films that are commonly made of high tensile strength and strong plastic materials such as polypropylene, polyethylene terephthalate, high-density polyethylene, polypropylene, and linear low-density polyethylene, among others.
These films are extensively used as a packaging product for wrapping a large number of products in a single, compact package during fiber bale packaging process. Hence, with increasing emphasis on reducing the wastage of the products during logistics, shipping, and handling activities, the demand for efficient packaging solutions such as fiber bale packaging films is rising at a robust pace.
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Over the past couple of years, a swift rise in import and export activities is being witnessed across the world, owing to the rapidly increasing trend of globalization, creating strong demand for bulk packaging products worldwide.
Fiber bale packaging is finding a wide range of usages across industries such as food & beverages, building & construction, electrical & electronics, and agriculture, owing to its ability to secure and protect bulk products during transit. This packaging technique can tailor a bale cover as per end-user requirements based on wrapping preference, staple fiber features, and bale presses, thus, gaining popularity across diverse industries.
As fiber bale packaging films are one of the most crucial packaging products required for above mentioned packaging technique, increasing adoption of fiber bale packaging is estimated to augment the demand in the global market.
Hence, leading players in the market are focusing on developing and introducing innovative fiber bale packaging film with sustainable properties and distinctive protective features to capitalize on the existing opportunities. This is projected to create a sustainable roadmap for the growth of the fiber bale packaging film market in the global packaging industry.
Plastics such as polyethylene terephthalate (PET), high-density polyethylene, polypropylene (PP), polyethylene (PE), and others are negatively impacting the environment due to their non-biodegradability and release of chemicals during extremely slow decomposition process.
Thus, with growing concerns pertaining to environmental sustainability, governments of numerous countries are implementing several stringent norms and regulations regarding the use of plastics packaging products. This is hampering the growth in the global fiber bale packaging film market.
In addition to this, increasing introduction of eco-friendly high tensile jute fabrics for substituting plastics films in fiber bale packaging is expected to further hinder the sales in the market.
Principal Consultant
As per FMI, North America is forecast to emerge as the exhibit the fastest growth in the fiber bale packaging film market between 2022 and 2032.
Key companies in the market are focusing on research and development activities for launching novel sustainable and eco-friendly packaging products to counter the regulatory constraints and cater to surging demand.
For instance, in 2020, Cortec Corporation, a U.S.-based manufacturer of innovative packaging solutions announced introducing a novel compostable industrial-strength film, Eco Wrap, which can be used for bulk packaging of goods. A slew of such developments is estimated to augment the growth in the North America market.
Future Market Insights states that Asia Pacific excluding Japan is projected to account for a significant share in the global fiber bale packaging film over the forecast period 2022-2032.
Governments in several countries are emphasizing on expanding their agriculture and industrial production capacity to increase their exports for strengthening their footprint in the international market. For instance, according to a study by the Australian Trade and Investment Commission, the production of cotton in Australia increased to 2.4 million bales between 2020 and 2021, assisting the country to increase its cotton export to countries such as Bangladesh, Indonesia, Vietnam, and Turkey among others.
As fiber bale packaging films are extensively used for bulk packaging of products such as cotton for logistics and trade activities, such rise in export activities is estimated to bolster the sales in the market.
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Some of the leading players in the global fiber bale packaging film market are Sonoco Products Company (Conitex), Lenzing Plastics GmbH & Co KG, Cortec Corporation, Stein Fibers, Ltd., ITW Signode India Limited, and others.
Leading players in the global market are aiming at launching sustainable products and capacity expansion to increasing their share in the highly competitive market.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4% to 5% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Countries Covered |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
FMI projects the sales of fiber bale packaging films in the market is expected to rise at 4% to 5% value CAGR by 2032.
The global fiber bale packaging film market is anticipated to be dominated by North America over the forecast period 2022-2032.
Sonoco Products Company (Conitex), Lenzing Plastics GmbH & Co KG, Cortec Corporation, Stein Fibers, Ltd., and ITW Signode India Limited among others some of the leading players in the global fiber bale packaging film market.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Impact of Covid-19
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Macro Factors and Forecast Factors
3.4. Value Chain Analysis
3.4.1. Profit Margin Analysis
3.4.2. Raw Material Suppliers
3.4.3. Manufacturers, Wholesalers and Distributors
3.4.4. End Users/ Customers
3.5. Regional Parent Market Outlook
3.6. Production and Consumption Statistics
3.7. Global Average Pricing Analysis Benchmark
4. Global Fiber Bale Packaging Film Market Analysis 2015-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis, 2015-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Fiber Bale Packaging Film Market Analysis 2015–2021 and Forecast 2022–2032, By Material
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis by Material, 2015-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Analysis and Forecast by Material, 2022-2032
5.3.1. Polyethylene (PE)
5.3.2. Polyvinyl Chloride (PVC)
5.3.3. Polypropylene (PP)
5.3.4. Polyethylene Terephthalate (PET)
5.4. Y-o-Y Growth Trend Analysis by Material, 2015-2021
5.5. Absolute $ Opportunity Analysis by Material, 2022-2032
6. Global Fiber Bale Packaging Film Market Analysis 2015–2021 and Forecast 2022–2032, By Thickness
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis by Thickness, 2015-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Analysis and Forecast by Thickness, 2022-2032
6.3.1. Less than 10 Microns
6.3.2. 10-30 Microns
6.3.3. More than 30 Microns
6.4. Y-o-Y Growth Trend Analysis by Thickness, 2015-2021
6.5. Absolute $ Opportunity Analysis by Thickness, 2022-2032
7. Global Fiber Bale Packaging Film Market Analysis 2015–2021 and Forecast 2022–2032, By End Use
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis by End Use, 2015-2021
7.3. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Analysis and Forecast by End Use, 2022-2032
7.3.1. Food
7.3.2. Agriculture
7.3.3. Building & Construction
7.3.4. Textile
7.4. Y-o-Y Growth Trend Analysis by End Use, 2015-2021
7.5. Absolute $ Opportunity Analysis by End Use, 2022-2032
8. Global Fiber Bale Packaging Film Market Analysis 2015–2021 and Forecast 2022–2032, By Region
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis by Region, 2015-2021
8.3. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Analysis and Forecast by Region, 2022-2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. East Asia
8.3.5. South Asia
8.3.6. Oceania
8.3.7. Middle East and Africa (MEA)
8.4. Market Attractiveness Analysis, by Region
9. North America Fiber Bale Packaging Film Market Analysis 2015–2021 and Forecast 2022–2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
9.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Material
9.2.3. By Thickness
9.2.4. By End Use
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Material
9.3.3. By Thickness
9.3.4. By End Use
9.4. Key Takeaways
10. Latin America Fiber Bale Packaging Film Market Analysis 2015–2021 and Forecast 2022–2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
10.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Argentina
10.2.1.4. Chile
10.2.1.5. Peru
10.2.1.6. Rest of Latin America
10.2.2. By Material
10.2.3. By Thickness
10.2.4. By End Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Material
10.3.3. By Thickness
10.3.4. By End Use
10.4. Key Takeaways
11. Europe Fiber Bale Packaging Film Market Analysis 2015–2021 and Forecast 2022–2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
11.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. Italy
11.2.1.3. France
11.2.1.4. U.K.
11.2.1.5. Spain
11.2.1.6. BENELUX
11.2.1.7. Nordic
11.2.1.8. Russia
11.2.1.9. Poland
11.2.1.10. Rest of Europe
11.2.2. By Material
11.2.3. By Thickness
11.2.4. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Material
11.3.3. By Thickness
11.3.4. By End Use
11.4. Key Takeaways
12. East Asia Fiber Bale Packaging Film Market Analysis 2015–2021 and Forecast 2022–2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
12.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.2. By Material
12.2.3. By Thickness
12.2.4. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Material
12.3.3. By Thickness
12.3.4. By End Use
12.4. Key Takeaways
13. South Asia Fiber Bale Packaging Film Market Analysis 2015–2021 and Forecast 2022–2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
13.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Thailand
13.2.1.3. Malaysia
13.2.1.4. Indonesia
13.2.1.5. Rest of South Asia
13.2.2. By Material
13.2.3. By Thickness
13.2.4. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Material
13.3.3. By Thickness
13.3.4. By End Use
13.4. Key Takeaways
14. Oceania Fiber Bale Packaging Film Market Analysis 2015–2021 and Forecast 2022–2032, By Country
14.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
14.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
14.2.1. By Country
14.2.1.1. Australia
14.2.1.2. New Zealand
14.2.2. By Material
14.2.3. By Thickness
14.2.4. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Material
14.3.3. By Thickness
14.3.4. By End Use
14.4. Key Takeaways
15. Middle East & Africa Fiber Bale Packaging Film Market Analysis 2015–2021 and Forecast 2022–2032, By Country
15.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
15.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. Turkey
15.2.1.3. Northern Africa
15.2.1.4. South Africa
15.2.1.5. Rest of MEA
15.2.2. By Material
15.2.3. By Thickness
15.2.4. By End Use
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Material
15.3.3. By Thickness
15.3.4. By End Use
15.4. Key Takeaways
16. Country wise Fiber Bale Packaging Film Market Analysis
16.1. United States (U.S.)
16.1.1. Market Share Analysis, 2022
16.1.2. By Material
16.1.3. By Thickness
16.1.4. By End Use
16.2. Canada
16.2.1. Market Share Analysis, 2022
16.2.2. By Material
16.2.3. By Thickness
16.2.4. By End Use
16.3. Brazil
16.3.1. Market Share Analysis, 2022
16.3.2. By Material
16.3.3. By Thickness
16.3.4. By End Use
16.4. Mexico
16.4.1. Market Share Analysis, 2022
16.4.2. By Material
16.4.3. By Thickness
16.4.4. By End Use
16.5. Germany
16.5.1. Market Share Analysis, 2022
16.5.2. By Material
16.5.3. By Thickness
16.5.4. By End Use
16.6. Italy
16.6.1. Market Share Analysis, 2022
16.6.2. By Material
16.6.3. By Thickness
16.6.4. By End Use
16.7. France
16.7.1. Market Share Analysis, 2022
16.7.2. By Material
16.7.3. By Thickness
16.7.4. By End Use
16.8. Spain
16.8.1. Market Share Analysis, 2022
16.8.2. By Material
16.8.3. By Thickness
16.8.4. By End Use
16.9. U.K.
16.9.1. Market Share Analysis, 2022
16.9.2. By Material
16.9.3. By Thickness
16.9.4. By End Use
16.10. Russia
16.10.1. Market Share Analysis, 2022
16.10.2. By Material
16.10.3. By Thickness
16.10.4. By End Use
16.11. China
16.11.1. Market Share Analysis, 2022
16.11.2. By Material
16.11.3. By Thickness
16.11.4. By End Use
16.12. Japan
16.12.1. Market Share Analysis, 2022
16.12.2. By Material
16.12.3. By Thickness
16.12.4. By End Use
16.13. India
16.13.1. Market Share Analysis, 2022
16.13.2. By Material
16.13.3. By Thickness
16.13.4. By End Use
16.14. GCC Countries
16.14.1. Market Share Analysis, 2022
16.14.2. By Material
16.14.3. By Thickness
16.14.4. By End Use
16.15. Australia
16.15.1. Market Share Analysis, 2022
16.15.2. By Material
16.15.3. By Thickness
16.15.4. By End Use
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Region
17.3.2. By Product Portfolio
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Lenzing Plastics GmbH & Co KG
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments (Product/Channel/Region)
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. Bischof + Klein SE & Co. KG
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments (Product/Channel/Region)
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. Signode India
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments (Product/Channel/Region)
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. AUTEFA Solutions
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments (Product/Channel/Region)
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. Conitex Sonoco
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments (Product/Channel/Region)
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. Allen Plastic Industries Co. Ltd
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments (Product/Channel/Region)
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. Vishakha Polyfab
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments (Product/Channel/Region)
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. Griff Paper and Film
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments (Product/Channel/Region)
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. CS Hyde Company
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments (Product/Channel/Region)
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. International Plastics Inc.
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments (Product/Channel/Region)
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
19. Assumptions and Acronyms Used
20. Research Methodology
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Fiber Bale Packaging Film Market
