Analysis of Face Stock Films market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
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.
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 labelling 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.
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.
Some of the major players in the face stock films market are
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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:
Based on end-user industry, the face stock films market is segmented into:
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The face stock films market is anticipated to progress at a CAGR of 5% through 2028.
Rising use of face stock films for packaging in the cosmetics & personal care industry, pharmaceutical industry, food & beverage industry, and consumer goods driving market growth opportunities.
Growing use of face stock films in the packaging industry of Asia Pacific likely to lead to lucrative market opportunities.
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