Cellulose films are made from natural cellulose extracted from wood pulp or cotton linters. These films are environment-friendly and sustainable in nature. They are used as biodegradable and compostable packaging materials for food and consumer goods. Their properties like transparency, strength, stiffness, moisture resistance and printability make them a viable alternative to plastic films.

The global Cellulose Films Market is estimated to be valued at US$ 823.37 Mn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The growing popularity of sustainable packaging is one of the key trends driving the growth of the cellulose films market. There is a rising consumer demand for eco-friendly products which has increased the focus on sustainable packaging materials. Manufacturers are increasingly adopting cellulose films for packaging due to stringent government regulations against single-use plastic. Cellulose films can help companies meet sustainability targets as they are renewable and compostable. The biodegradable nature of cellulose films is propelling their usage in packaging various food & beverage products as well as consumer goods.

Segment Analysis
The global cellulose films market is dominated by solvent cast films sub segment. This is because solvent cast films offer excellent barrier properties against oxygen and water vapor transmission. They provide high tensile strength and durability. Solvent cast films are widely used in food packaging, pharmaceuticals etc.

Key Takeaways
The global cellulose films market is expected to witness high growth. . The global Cellulose Films Market is estimated to be valued at US$ 823.37 Mn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030.

The Asia Pacific region is expected to be the fastest growing regional market. This is attributed to the increasing sales of packaged food and pharmaceutical products in emerging economies like China and India. Rapid urbanization and high spending on packaged food and pharmaceuticals have accelerated the demand for cellulose films in the packaging industry in this region.

Key players related content comprises
Key players operating in the cellulose films market are ATM S.A. (ATMAN), Equinix, Inc., Aruba S.p.A., Beyond.pl, EdgeConneX Inc., Virtua Operator, Exea Data Center, Comarch SA, OVH, T-Mobile Polska, SNP Poland Sp. z o.o. ATMAN is a dominant player in manufacturing solvent cast cellulose films, especially for food packaging applications.

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