The Construction Film Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Construction Film Global Market Report 2024, The construction film market size has grown steadily in recent years. It will grow from $17.13 billion in 2023 to $17.86 billion in 2024 at a compound annual growth rate (CAGR) of 4.2%. The growth in the historic period can be attributed to construction and infrastructure projects, building renovations and repairs, growing need for green building and sustainability, increasing regulatory compliance, and urbanization and population growth
The construction film market size is expected to see steady growth in the next few years. It will grow to $21.5 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to increasing digital construction workflows, circular economy practices, construction safety standards, emerging market growth, and growing adaptation to changing climate conditions. Major trends in the forecast period include weather-resistant films, adoption of energy-efficient films, use of construction films with anti-microbial properties, customized film solutions, and smart construction films.
The growing popularity of green buildings is expected to drive the growth of the construction film market going forward. Green buildings are buildings designed to lower operating costs, assist in natural resource conservation, provide better energy efficiency, and improve productivity. Green building construction has increased the usage of construction films in green building projects due to their high durability and low production costs. For instance, according to the World Green Building Trends, 47% of industry respondents would make the majority of their projects green by 2021. Therefore, the growing popularity of green buildings is driving the construction film market growth.
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The construction film market covered in this report is segmented
1) By Type : LDPE And LLDPE, HDPE, PP, PVC, PVB, PET/BOPET, PA/BOPA
2) By Application: Protection And Barrier, Decorative
3) By End User Industry: Residential, Commercial, Industrial
Advancement in construction film production is providing an opportunity to expand the usage of construction films in the construction industry. Major companies operating in the construction film sector are focused on enhancing barrier protection. For instance, in 2021, Cosmo Films, an India-based manufacturing company providing bi-axially oriented polypropylene films (BOPP), launched Enhanced Metalized BOPP Film, a film designed for packaging applications that require moisture and oxygen barrier properties. The film is designed for applications such as flexible packaging for lamination, biscuit packaging, snack packaging, bakery packaging and chocolate packaging, as well as personal care products such as shampoo sachets. It can be used as a sandwich layer in multilayer laminates.
The construction film market report table of contents includes:
1. Executive Summary
2. Construction Film Market Characteristics
3. Construction Film Market Trends And Strategies
4. Construction Film Market – Macro Economic Scenario
5. Global Construction Film Market Size and Growth
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26. South America Construction Film Market
27. Brazil Construction Film Market
28. Middle East Construction Film Market
29. Africa Construction Film Market
30. Construction Film Market Competitive Landscape And Company Profiles
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