Timber Wrap Films Market to Register High Revenue Growth at 4% CAGR During 2019 to 2029

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VALLEYCOTTAGE, N.Y. - Future Market Insights delivers vital insights on the timber wrapfilms market in its published report, titled "Timber WrapFilms Market: Global Industry Analysis 2014-2018 and Opportunity Assessment2019-2029." In terms of revenue, the global timber wrapfilms market is projected to expand at a CAGR ofnearly 4.0% during the forecast period, owing to numerousfactors, about which FMI offers thorough insights and forecasts in the timberwrap films market report.

Timber wrapping film is an effective packaging solution thatprotects timber during storage and shipment. Timber wrap films are used toprotect timber from moisture and external elements, which can affect thefinishing of the product. Timber wrap films with high friction are used toprovide anti-slip protection to timber packaging. High strength & barrierfilms are used for timber packaging to enhance the quality of the packaging.Basically, timber wrap films are designed to protect timber from extremeweather conditions and handling damage.

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In the timber wrap films market report, FMI suggests that thegrowing use of wood for furniture, building & construction, packaging, andas a source of energy is driving the demand for timber, which further fuels thedemand for timber wrap films during the forecast period. The timber wrap filmsmarket has been segmented on the basis of thickness and material type.

Medium Thickness Films Continue toSee High Traction

On the basis of thickness, the timber wrap films market has beensegmented as up to 75 microns, 76 – 150 microns, 151 – 225 microns, and above225 microns. Among them, 76 – 150 microns thickness timber wrap films areexpected to dominate the global market. Timber wrap films with this thicknesshave high temperature stability, are economical, and have high preference amongend users owing to their anti-static and flame-retardant properties. The 76 –150 microns thickness segment is followed by the 151 – 225 microns segmentduring the next decade. The continuous demand for timber products across theglobe is likely to drive the global timber wrap films market growth.

The North America timber wrap films market is heavily driven bythe United States. The demand for the timber in the U.S. was unexpectedly highlast year and the same scenario is expected to be witnessed in the current yeardue to the high demand created by the housing sector. This factor is expectedto drive the growth of the global timber wrap films market during the nextdecade.

Preview Analysis of Timber Wrap Films Market is segmented by(Material Type – Polyethylene (PE) & Polypropylene (PP); Thickness – Up to75 microns, 76 – 150 microns, 151 – 225 microns & Above 225 microns;) –Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 –2029: https://www.futuremarketinsights.com/reports/timber-wrap-films-market

Forests play an important role in the socio-economic developmentof a country. They are highly rich sources of firewood, timber, energy, andother products. Round wood, industrial round wood, and sawn wood are some ofthe major forest products that have high demand from end users. Thetransportation of these products and preventing them from moisture are majorissues faced by exporters. This is expected to drive the demand for timber wrapfilms due to their characteristics such as enhanced barrier resistance againstmoisture, cost efficiency, and lightweight qualities.

The rising demand for storage, loading, and transportation oftimber is expected to fuel the growth prospects of the timber wrap filmsmarket. Also, to prevent wood warping, timber wrap films are the optimumsolution. For wooden furniture manufacturers, warping of timber products is aserious problem. This generally happens during transportation and results infinancial losses to the manufacturers. This issue can be prevented with propertransportation of timber by using timber wrap films. Timber wrap films arewrapped around the timber, which prevents them from coming in contact withmoisture. This factor is expected to drive the growth of the global timber wrapfilms market during the forecast period.

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Key players profiled in the report timber wrap films marketinclude – RKW SE, Balcon Plastics Limited, Ab Rani Plast Oy., Polytarp Product,SCOTT Lumber Packaging, LLC, InterWrap Inc., Flexpak Corp., Inteplast Group,Multifab Packaging, Trioplast Industrier AB, Polymax, Inc., Davidson PlasticsLtd., Flexoplas Packaging Limited, Polyprint Packaging Limited, Pak-LineLimited, Pakaflex Pty Limited, Tri Pac Inc., and Intertape Polymer Group Inc.

For additional insights on the other push and pull factorsassociated with timber wrap films market, write in to the analyst at [email protected]

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