Industrial Films Market Size 2021 technology development demand overview industry growth rate top companies and key regions 2030
Market Scope Market Research Future (MRFR) studied the global industrial film market 2021 for the review tenure till 2027. As per MRFR assessment, the global industrial film market is expected to witness 4% CAGR over the forecast period (from 2019 to 2027). By 2027, the industrial film market is expected to value at USD 62.15 Bn. Market Drivers and Restrains The surge in the utility of industrial films as packaging films for affluent end-users, such as; construction, transportation, agriculture, and medical among others is expected to favor the industrial film market. Industrial films are polymers and help in boosting transportation efficiency and shelf life of perishable goods by preventing product damage, deterioration, and wastage of products. Increase in urban migration, along with globalization are other causes that are expected to benefit the industrial film market in the near future. The expansion of agriculture sector and the need for stretch films and silage films are cr...