CELLULOSE FILMS MARKET ANALYSIS

Cellulose Films MarketSize and Trends

The global cellulose films market was valued at US$ 745.4 in 2021 and is expected to reach US$ 1,166.4 Mn by 2030 exhibiting a CAGR of 5.1% during the forecast period 2022-2030.

Market Trends

Increasing demand in the packaging industry

Cellulose films are made from cellulose which are used in both flexible and rigid packaging applications. Moreover, biodegradable plastics made of cellulose films are used for wrapping organic food as well as premium branded product with their requirements. Additionally, increasing the demand of ready-to-eat food products including bakery and confectionary product due to hectic lifestyle can drive the global cellulose films market growth in forecast period.

Increased demand for natural plastics

Increasing the demand of natural plastics due to their properties such as good toughness, glossy texture, and high transparency can drive the global cellulose films market growth in forecast periods. Moreover, this is used in textile application because it is very comfortable & absorbent and easily dyed in many different colors. Additionally, increased the demand of cellulose films due to environmental friendly, bio-degradable and cost effective nature that can propel the global cellulose films market growth in upcoming years.