Global Transport Protection Film Market: An Overview

The global transport protection film market is primarily influenced by growth in the automotive industry and increase sales of vehicles. Transport protection films comprise the adhesive layer coated on a polymer-based substrate layer and are flexible plastic films. Transport protection films is a subordinate product, and the increase in end-use industries influences their demand. Moreover, industries such as building & construction, electronics, and household appliances, also has a broad impact on transport protection films market which provides resistance from scratches, flame, and extreme temperatures.

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Transport protection film increases shelf-life of the products and has emerged as a cost-effective way to protect the expensive product from environmental components such as surface eroding, chemical, and gaseous substances, etc. The manufacturer of transport protection film operates in a highly competitive environment, where various Tier1 (T1) companies are facing competition from T2 and T3 companies for transport protection films. The advancement in protective packaging technology has resulted in increased demand for transport protection films from the various end user. Therefore, the growth in demand for vehicles from the automotive industry is expected to ensure positive growth outlook for the global transport protection film market during the forecast period.

Global Transport Protection Film Market: Dynamics

The global transport protection film market is anticipated to grow on the backdrop of growth in the automotive industry, globally. Since the transport protection film is used for protective packaging and provides safety from physical damage. The demand for transport protection film has increased due to manufacturers are becoming more conscious in protecting their product from scratches, dirt, and chemicals, and make them more durable. Damages caused by UV rays and unfavorable weather can also be avoided by transport protection film and hence, are also growing popular in the automotive aftermarkets. Due to rapid urbanization in emerging economies of Asia Pacific, the building and construction industry is growing and has driven the market of the transport protection film. The developing transportation sector around the world has increased the demand for transport protection film. The difficulty in the recycling of polymer plastic used in the manufacturing of transport protection film can restrain the global market, due to government regulations. The development of new bio-based protective films will cause high manufacturing cost and will affect the transport protection film market.

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Global Transport Protection Film Market: Segmentation

The global transport protection film market is segmented as follows -

By product type, the global transport protection film market is segmented into –

  • Adhesive-Coated
  • Self-Adhesive

By material type, the global transport protection film market is segmented into –

  • Polyethylene
  • Polypropylene
  • Polyethylene terephthalate

By end use, the global transport protection film market is segmented into –

  • Automotive Industry
  • Building & Construction Industry
  • Logistics & Shipping Industry
  • Electrical & Electronics Industry
  • Other Industries

Global Transport Protection Film Market: Regional Outlook

The growth in sales from the automotive industry in APEJ region with the country like India registering increase in car sales by approximately 10% in the recent years, therefore, it will result in the growth of global transport protection film market. The industry like building & construction, interior, electronic, and transportation are also expected to grow in the APEJ region. Countries like Brazil in Latin America have observed sluggish growth in the construction industry, due to hit by one of the worst recessions in recent times. Is expected that it will take time for the recovery of that region that will affect the transport protection film market.

Recent Developments in the Global Transport Protection Film Market

  • In February 2019, POLIFILM PROTECTION (U.K), the surface protection film, acquires the Australian business from its distribution partner. To expand their business and are responsible for the protective film business in the Australian market.
  • In February 2018, API group (U.K) acquired film manufacturing company Dunmore (U.S). The acquisition includes the assets.

Global Transport Protection Film Market: Key players

Some of the leading players operating in the global transport protection film market are as follows –

  • Bischof + Klein Se & Co. Kg
  • Avery Dennison Corporation
  • Bp Plastics Holding Bhd
  • Dunmore Corporation
  • Dute Industries Group
  • I. Du Pont De Nemours And Company
  • Echoplast Ltd.
  • Echotape
  • Hitachi Chemical Co., Ltd.
  • Kao Chia Plastic Co., Ltd.
  • Lamin-X Protective Films
  • MT Tapes
  • Nitto Denko Corporation.
  • POLIFILM PROTECTION Group
  • Pregis Llc
  • Presto Tape
  • Surface Armor llc
  • The 3M Company
  • Toray Industries Inc.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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