Face Stock Films Market: Overview
Face stock films are non-paper material used as the top layer in label construction. The face stock films are usually chemical resistant, waterproof and heat resistant, they are made of polymers. Face stock films are used in labels where adhesive is adhered to the face stock films and sticks to the product containers. Face stock films have been used for labeling in food and beverages industry, pharmaceutical sector and consumer goods industry and other end-user industries. The rise in the packed food and beverages industry is likely to expand the market for face stock films. With developments and innovation among the packaging industry, face stock films are becoming a significant segment in the market for better product labeling application. The growing packing industry will have a positive impact on the face stock films market as demand for labels is directly proportional to the need for face stock films in the packaging industry.
Face Stock Films Market: Market Dynamics
Rising use of face stock films for packaging in the food & beverages industry, the pharmaceutical industry and cosmetics and personal care industry and consumer goods industry is the key driver for the growth of the global face stock films market. Moreover, the growing demand for the ready-to-eat and ready-to-drink beverages is expected to increase the demand for the face stock films market during the forecast period. Additionally, the booming healthcare industry across the globe will have a positive impact on the global face stock films market. The rising expenditure on the beauty products and consumer goods are likely to expand the personal care and beauty products industry which is expected to push the demand for face stock films during the forecast period.
Furthermore, the face stock films market has fragmented due to the presence of local and domestic players. The regional players have adopted a competitive price structure over the established players, which eventually leads to war for market capture.
However, a significant change concerning labeling substitutes and government policies towards plastic polymers usage is expected to challenge the growth of the global face stock films market during the forecast period.
Face Stock Films Market: Market Segmentation
The face stock films market is segmented into different parts based on the material types, end-user industries and geography. In the manufacturing of the face stock films, different polymers can be used as polypropylene, polyester, polystyrene, polyethylene, vinyl, etc. Polypropylene and polyester are commonly used in the manufacturing of the face stock films.
Based on material type, the face stock films market is segmented into:
- Other Material Types
Based on end-user industry, the face stock films market is segmented into:
- Food and Beverages
- Personal & Beauty Care
- Home Care Products
- Pharmaceutical and Healthcare
- Other End-user industries (Consumer Goods, Automotive)
Face Stock Films Market: Regional Outlook
Geographically, the face stock films market has been categorized into seven critical regions: North America, Latin America, Europe, CIS & Russia, Japan, the Asia Pacific excluding Japan, and the Middle East and Africa. The face stock films market is expected to register a healthy growth during the forecast period, as the food and beverages and consumer goods industry are growing across the globe. The Asia Pacific excluding Japan represents a considerably high market share, and the market will grow at significantly high growth rate due to the industrial developments and reforms to create opportunities for the packaging industry leading to an increasing demand for the face stock films. China and India’s developing market is expected to positively impact the growth of the face stock films market.
Moreover, North America and Europe are growing markets due to high per capita income and the consumers’ demand for quality packed products. The face stock films market is steadily increasing with the rising demand for food and beverages, cosmetics and beauty care, and household goods across the region.
Face Stock Films Market: Key Players
Some of the major players in the face stock films market are Cosmo Films Ltd, Tullis Russell, Treofan Group, Polinas, UPM Raflatac, Tullis Russell, Lintec Corporation, Yupo Corporation, Strata-Tac, Inc. Inteplast Group and among others.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
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Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
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