Bundling Film Market
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Growth in demand for bundling film market is expected to grow strongly for several reasons . One of the major factors contributing towards the growth of bundling film market is the dispensers which offer the ability to control the film tension during the application process , and also it offer a brake that allows users to modify film tension . The lightweight stretch bundling film dispenser offers easy application for users which is another factor fueling the growth in the bundling film market . On the other hand , the restraining factors that are hindering the growth in the bundling film market is the higher initial cost of the plastic materials , dispensers and lack of awareness among consumer . The increasing demand for bundling film products from different industries like food & beverages , pharmaceuticals , chemical can also be a good opportunity for the bundling film market .
Bundling Film Market - Regional Outlook :
Geographically , the global bundling film market is segmented into North America , Latin America , Europe , Asia-Pacific ( APAC ) and the Middle East & Africa ( MEA ). The global bundling film market is expected to witness a stable CAGR over the forecast period of 2016-2024 . Moreover , North America is expected to be the largest bundling film market in terms of bundling film , due to the higher rate of exporting products and goods . Apart from this , the wide growth of the plastic bags is expected to further boost the sales of the bundling film market in Asia Pacific by the end of the forecast period of 2016-2024 .
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