Coloured Cellophane Market Size, Share, Growth, and Industry Analysis, By Type (Wood Pulp, Cotton Pulp and Others), By Application (Food Packaging, Tobacco Packaging, Pharmaceutical Packaging, Cosmetic Packaging and Others), Regional Insights, and Forecast To 2032

Updated On: 22 April 2024

Coloured Cellophane Market Report Overview

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global coloured cellophane market size was USD 185.6 million in 2022 and market is projected to touch USD 270.98 million by 2032 at CAGR 3.8% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the coloured cellophane market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Coloured cellophane is a transparent sheet made of regenerated cellulose. It is a versatile material that can be used for a variety of purposes, including packaging, arts and crafts, and decorations.

It is made from cellulose, which is a natural fiber found in wood pulp and cotton. The cellulose is dissolved in a solvent and then forced through a spinneret, which creates a thin, transparent sheet. The sheet is then dried and coated with a layer of wax or oil to make it more durable.

COVID-19 Impact: Pandemic Decreased the Market Demand

The COVID-19 pandemic has had a significant impact on the coloured cellophane market share leading to a decline in demand for both packaging and arts and crafts applications. In the packaging segment, the closure of businesses and restrictions on social gatherings led to a decrease in the demand for products that are typically packaged in it, such as food, cosmetics, and pharmaceuticals. This is because businesses were not able to produce or sell these products during the pandemic. Additionally, restrictions on social gatherings led to a decline in the demand for gift wrapping and other decorative items that are typically made with it. In the arts and crafts segment, the closure of schools and other community centers led to a decline in the demand for use in arts and crafts projects. This is because children and adults were not able to gather together to participate in these activities. Additionally, many people were not in the mood to do arts and crafts during the pandemic, as they were feeling stressed and anxious. As a result of the decline in demand, many manufacturers were forced to lay off workers or even close their businesses completely.

Latest Trends

"Sustainable packaging is trending, and coloured cellophane is a big part of that and is expected to fuel the growth in the market"

Coloured cellophane is a natural, biodegradable material that's a more sustainable alternative to plastic packaging. It's made from cellulose, which is a natural fiber found in wood pulp and cotton. Cellophane is also recyclable, meaning that it can be reused to create new products. There are a few reasons why sustainable packaging is becoming more popular. First, people are becoming more aware of the environmental impacts of plastic pollution. Plastic pollution is a major environmental problem, and it's causing widespread damage to the planet. Second, governments are starting to introduce regulations that require businesses to use more sustainable packaging materials. Third, the e-commerce industry is growing rapidly, and this is creating a need for more sustainable packaging materials. E-commerce retailers are under pressure to reduce their environmental impact, and they're increasingly turning to sustainable packaging materials. The increasing demand for sustainable packaging is driving the growth of the market.

Coloured Cellophane Market Segmentation

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• By Type Analysis

According to type, the market can be segmented wood pulp, cotton pulp and others.

• By Application Analysis

Based on application, the market can be divided into food packaging, tobacco packaging, pharmaceutical packaging, cosmetic packaging and others.

Driving Factors

"Growing Popularity of Arts and Crafts to Foster the Market Growth"

Coloured cellophane is a popular material for use in arts and crafts projects. It is a versatile material that can be used to create a variety of decorative items, such as wreaths, centerpieces, and party favors. The growing popularity of arts and crafts is driving the demand for it. There are a few reasons why the popularity of arts and crafts is growing. First, people are becoming more interested in doing things themselves. This is due in part to the increasing availability of information and tutorials on the internet. Second, people are looking for ways to relax and de-stress. Arts and crafts can be a fun and therapeutic way to do this. Third, people are looking for ways to express their creativity. Arts and crafts can be a great way to do this. The growing popularity of arts and crafts is driving the demand for it in a number of ways. First, it is a popular choice for use in projects that require a clear and transparent material. This is because it allows the natural beauty of the materials being used to shine through. Second, it is a relatively inexpensive material. This makes it a good option for budget-minded crafters. Third, it is easy to find. It can be purchased at most craft stores.

"Expanding e-commerce industry to result in the expansion of the market"

The expanding e-commerce industry is another driving force behind the growing demand. E-commerce retailers are increasingly using it to package and ship their products. This is because it is a durable and attractive material that can help to protect products during shipping. There are a few reasons why the e-commerce industry is growing. First, people are becoming more comfortable shopping online. This is due in part to the increasing availability of secure payment methods and the convenience of being able to shop from home. Second, people are looking for wider selection of products than they can find in traditional brick-and-mortar stores. E-commerce retailers offer a wider selection of products than most brick-and-mortar stores. The expanding e-commerce industry is driving the demand for it in a number of ways.

Restraining Factors

"Competition from other packaging materials to hamper the market growth"

Coloured cellophane is facing increasing competition from other packaging materials, such as paper and plastic. These materials are often more affordable than coloured cellophane and can be used for a variety of packaging applications.

Coloured Cellophane Market Regional Insights

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"Asia Pacific to lead the market owing to the expanding e-commerce industry"

The Asia Pacific region has shown the highest coloured cellophane market growth. The e-commerce industry is growing rapidly in the Asia-Pacific region. This is due to the increasing internet penetration and the growing disposable income in the region. The e-commerce industry is driving the demand for packaging materials, and it is a popular choice for e-commerce retailers.

Key Industry Players

"Key players are employing advanced technologies in order to stimulate further growth of the market"

All the major players are motivated to offer superior and more advanced services in order to gain a competitive edge in the market. To increase their market presence, vendors are using a variety of techniques, including product launches, regional growth, strategic alliances, partnerships, mergers, and acquisitions.

List of Market Players Profiled

• Futamura Chemical: Nagoya, Aichi, Japan
• Weifang Henglian Cellulose Film: Weifang, Shandong, China
• Zhejiang Koray New Materials: Shaoxing, Zhejiang, China
• Hubei Golden Ring: Wuhan, Hubei, China
• Yibin Grace: Yibin, Sichuan, China

Report Coverage

This report examines an understanding of the coloured cellophane market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.