FMI Research Offers 10-Year Forecast on Cellulose Film | Page 7
Cellulose Film Packaging Market
Cellulose Film Packaging Market: Regional overview
Based on the geographies, global cellulose film packaging market is segmented into five regions -- North
America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. Among the regions mentioned
above, Asia Pacific accounts for a significant share of global cellulose film packaging market, owing to the
rapid rise in the packaging industry in the region as compared to other regions. North America is followed
by the Asia-Pacific market in global cellulose film packaging market. The North America market for the
cellulose film packaging accounts for a comparatively high-value share in global cellulose film packaging
market, owing to the substantial growth of labeling and packaging industry in the region. Overall, the
outlook for cellulose film packaging market will have a positive growth over the forecast period, owing to
the demand for innovation in the packaging industry as an anti-counterfeiting measure. The developing
economy such as Middle East Africa and Latin America have a moderate opportunity in digital label
printing market as the labeling industry in these regions is growing at a significantly high growth rate.
There is a significantly high opportunity for cellulose film packaging players in the Asia Pacific region,
attributed to significantly high demand for the packaging industry in countries such as China and India.
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