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Real Estate News Releases
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(EstateNewsWire.com, September 21, 2021 )
Market Overview
Timber wrapping is an effective and robust packaging material that protects sawn & planed timber during transportation and storage. The film prevents finished goods from getting damp, soiled or attacked by mold. At the same time, the product line provides additional film properties, for instance, high friction, to offer excellent anti-slip protection. In addition, timber films are a type of flexible packaging utilized to wrap timbers. Flexible packaging is achieving an edge in the overall packaging industry, and the timber wrap films market is expected to grow an advantage with the changing market dynamics.
View full report: https://bit.ly/3hUBVJJ
Market Dynamics
The increasing inclination of consumers towards adequate storage, transportation is triggering the demand for timber wrap in recent times. Growing demand for flexible packaging creates a strong opportunity for the Timber Wrap market growth.
Increasing demand for adequate storage, transportation, loading & unloading of timber is expected to increase the market size
The increasing demands for adequate storage, transportation, loading, & unloading of timber have boosted the timber wrap market. One of the prime consumers of timber wrap is furniture manufacturers, which have reported heavy loss due to moisturized timber. The ability of timber wrap to improve shelf life and maintain the quality of timber is a prominent factor behind the mass adoption of timber wrap films. Further, players are working to make timber wraps seal packed through advanced perforation technologies such as laser to improve moisture management. Along with this, they are trying to bolster their growth by leveraging environment-friendly packaging credits. Therefore, they focus on developing biodegradable timber wrap films to reduce plastic pollution and aid sustainability in production. These are a few significant trends expected to change the timber wrap films market dynamics, especially in terms of maintaining profitability.
The rapid growth of imports and export industry is expected to boost the market Growth
Globalization has led to the rapid growth of imports and export globally. This has resulted in significant supply chains and grew the role of logistics, with companies adopting flexible packaging to optimize their packaging systems for effective and efficient delivery. Low-cost, lightweight, and damage-resistant features of timber wrap films have made them a highly sought-after packaging product in the timber industry. In addition, the rise of industrialization and the construction sector has increased the demand for timber products by bounds and leaps. This is attributed to the fact that timber wrap films are lightweight, durable, and the only mode of packaging for promoting the delivery of timber to end-users and furniture manufacturers. However, when unprocessed timber is shipped and transported, timber wrap plays an essential role in limiting loss due to warping and other climatic factors.
For instance, Trioplast Industrier AB delivered all its timber wrap with an anti-slip function based on the industry’s recommendation. Pakaflex Pty Ltd. introduced the Enduratuff timber wrap range, which is tough and has enhanced anti-sweating performance. These timber wraps have breathable technology to enhance their ability to control moisture properties under the wrap.
High temperature and humidity is expected to hinder the market growth
Timber, which is in direct opposition with fibreboard, is considered sturdier and stronger. However, when it is subjected to changes in humidity and temperature, solid wood contracts, i.e., it undergoes warping. To maintain the original shape, humidity and heat must be kept under control, which, if not achieved, can cause the timber panel to crack or buckle. This, in turn, also leads to a hinder in demand for timber wrap during the forecast period.
Segment Analysis
By Thickness
• 75 Microns
• 76-150 Microns
By Type
• Polyethylene (PE)
• High-Density Polyethylene (HDPE)
• Low-Density Polyethylene (LDPE)
By Application
• Hardwoods
• Softwoods
By End-User
• Timber Manufacturer
• Timber Wholesaler
Download free sample: https://bit.ly/3AsoQyt
Geographical Analysis
Based on the geography, the timber wrap market is segmented into North America, Europe, South America, Asia-Pacific, and Middle East & Africa. The demand for timber wrap in the North American market is expected to remain at the dominant position in sales and value generation due to the growing volume of trade and e-commerce in countries such as the U.S.
North America holds the largest market share of timber wrap market during the forecast period
North America holds the largest market share for the timber wrap market due to the highest production of timber. Forests in the U.S. cover more than 750 million acres or approximately three million square kilometers of land. Alaska is by far the U.S. with the most significant forested land, followed by Oregon and California. About two-thirds of all U.S. forested land is timberland, offering or capable of providing industrially utilized wood. Most of this land is owned by private owners. Moreover, the U.S. produces around 11.96 billion cubic feet of industrial Roundwood, distinctly more petite than a decade earlier. Such resources raise a strong forest products industry in the U.S. The essential products incorporating industrial Roundwood are lumber, veneer, and plywood pulp products. Prices for timber products endured stable or grown over the last decade. The most significant rise was reported for paperboard and wood pulp. In addition, major players are summarized in the forest, paper, and packaging (FPP) industry. World paper is not only the largest FPP company in the U.S but also worldwide, generating some USD 22.36 billion of revenue in 2015. Kimberly-Clark is also the top player in this sector globally. With more than USD 0.93 billion, it has the highest net income of all U.S. FPP companies, next to Kimberly-Clark with USD 1 billion in net income.
Europe and APAC are expected to contribute significant growth for the timber wrap market due to the rise of industrialization, and the construction sector has grown the demand for timber products by bounds and leaps. This is attributed to the fact that timber wrap is lightweight, durable, and the only mode of packaging for promoting the delivery of timber to end-users and furniture manufacturers.
Competitive Landscape
The timber wrap market is fragmented with the presence of regional and global players. The competitive contour lies with the increase in the regional company and growing investment in upstream application. Trioplast Industries AB, Balcon Plastics Limited, RKW SE, Ab Rani Plast Oy., InterWrap Inc., Inteplast Group, Multifab Packaging, Flexoplas Packaging Ltd., Pak-Line Limited, Polymax, Inc. are the major player in the packaging market. The major players adopt several growth strategies such as product launches, acquisitions, and collaborations, contributing to growing the timber wrap market globally.
Related Topic's
Plastic Wrap Market, Cross Laminated Timber Market, Beer Cans Market, Insulated Coolers Market, Consumer Electronics Packaging Market
DataM Intelligence
Sai Kiran
+1 877 441 4866
pr@datamintelligence.com
Source: EmailWire.Com
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