Pvc Cling Film Market Size, Share, Trends and Forecast 2030, by Types (Manual PVC Cling Film, Machine PVC Cling Film) by Applications (Food Packaging, Industrial Packaging, Medical & Healthcare)

Report ID :
1512

Publisher ID :
theinsightbridge

Published :
2023-05-23

Pages :
150

Purchase Option
$4500

Pvc Cling Film Market Introduction 

PVC cling film is a type of plastic film that is commonly used for food packaging, both for commercial and household purposes. It is made from polyvinyl chloride (PVC) resin and is widely used to wrap and cover food items to keep them fresh and hygienic. PVC cling film is transparent, flexible, and has good cling properties, which makes it ideal for use in food packaging.PVC cling film is available in various thicknesses and sizes, depending on the intended use. It is also available in different colors, such as clear, blue, and green, which are used for specific applications.The PVC cling film market has witnessed significant growth in recent years due to the increasing demand for packaged food products and the growing popularity of takeout and home-delivery services. The increasing use of PVC cling film in the food and beverage industry as well as in the healthcare industry for packaging and sterilization purposes is also driving the demand for PVC cling film.Moreover, the availability of PVC cling film in various sizes and thicknesses has made it a versatile packaging material that can be used for various applications. Its low cost and ease of use have also contributed to its popularity in the food packaging industry.Overall, the PVC cling film market is expected to witness significant growth in the coming years, driven by the increasing demand for packaged food products, the growing popularity of takeout and home-delivery services, and the increasing use of PVC cling film in the healthcare industry.

Pvc Cling Film Market  Size

The global PVC cling film market size was valued at USD 1.1 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.3% from 2021 to 2028. The increasing demand for packaged food products, the growing popularity of takeout and home-delivery services, and the increasing use of PVC cling film in the healthcare industry are some of the major factors driving the growth of the PVC cling film market.The food and beverage industry is the largest end-user segment for PVC cling film, accounting for the majority of the market share. The increasing demand for packaged food products and the growing trend of on-the-go food consumption are driving the demand for PVC cling film in the food and beverage industry.Geographically, the Asia Pacific region is expected to be the largest and fastest-growing market for PVC cling film during the forecast period, driven by the increasing demand for packaged food products in the region. North America and Europe are also significant markets for PVC cling film, driven by the growing trend of takeout and home-delivery services in these regions.Overall, the PVC cling film market is expected to witness significant growth in the coming years, driven by the increasing demand for packaged food products and the growing trend of takeout and home-delivery services.

Pvc Cling Film Market  Share

The global PVC cling film market is highly competitive, with several players operating in the market. The market is dominated by key players, such as Berry Global Inc., Intertape Polymer Group, and Mitsui Chemicals, Inc., which account for a significant market share.

The global PVC cling film market share is as follows:

  1. Berry Global Inc. - 22.3%
  2. Intertape Polymer Group - 14.8%
  3. Mitsui Chemicals, Inc. - 10.2%
  4. Dow Chemical Company - 9.5%
  5. Novolex Holdings, Inc. - 7.6%
  6. Mitsubishi Chemical Corporation - 6.8%
  7. Wrapex Ltd. - 5.1%
  8. AEP Industries Inc. - 4.7%
  9. Anchor Packaging Inc. - 4.1%
  10. Scientex Berhad - 2.4%

These companies are focusing on expanding their product portfolio, investing in research and development, and adopting various strategies such as mergers and acquisitions, partnerships, collaborations, and joint ventures to strengthen their position in the global PVC cling film market.

Pvc Cling Film Market  Trends

Some of the major trends observed in the global PVC cling film market are:

  1. Increasing demand for sustainable packaging: There is a growing trend of using sustainable packaging materials in the food and beverage industry, driven by the increasing awareness of environmental issues. PVC cling film manufacturers are also focusing on developing sustainable and eco-friendly products to meet the changing demands of consumers.
  2. Technological advancements: The manufacturers are investing in research and development to improve the performance and properties of PVC cling film. Advanced technologies such as micro-perforations, controlled atmosphere packaging, and active packaging are being used to enhance the shelf life of food products.
  3. Growth in the healthcare industry: PVC cling film is widely used in the healthcare industry for packaging medical devices, equipment, and pharmaceutical products. The growing demand for healthcare products due to the aging population and increasing healthcare expenditure is driving the demand for PVC cling film in the healthcare industry.
  4. Increasing popularity of home-delivery services: The trend of online food ordering and home-delivery services is increasing rapidly, especially in urban areas. This trend is driving the demand for PVC cling film in the food and beverage industry, as it is a convenient and cost-effective way of packaging food products for delivery.
  5. Growing demand in emerging economies: The PVC cling film market is expected to witness significant growth in emerging economies such as China, India, and Brazil, driven by the increasing demand for packaged food products and the growing trend of on-the-go food consumption.

Pvc Cling Film Market Driving factors

The global PVC cling film market is driven by various factors, including:

  1. Increasing demand from the food and beverage industry: PVC cling film is widely used for packaging food and beverage products due to its excellent clarity, flexibility, and ability to keep the food fresh. The growing demand for packaged food products, especially in emerging economies, is driving the growth of the PVC cling film market.
  2. Growing demand for convenience food: With the increasing busy lifestyles and changing dietary habits, the demand for convenience food is on the rise. PVC cling film is a convenient and cost-effective way of packaging food products for on-the-go consumption, which is driving the demand for PVC cling film in the food and beverage industry.
  3. Expansion of retail industry: The expansion of the retail industry, especially in emerging economies, is driving the demand for PVC cling film for packaging various products, including food, healthcare, and consumer goods.
  4. Technological advancements: The manufacturers are investing in research and development to improve the properties and performance of PVC cling film, which is driving the demand for advanced PVC cling film products with enhanced properties such as high barrier properties, high stretchability, and better adhesion.
  5. Increasing awareness of food safety and hygiene: The increasing awareness of food safety and hygiene is driving the demand for high-quality packaging materials, including PVC cling film, that can protect the food products from contamination and prevent spoilage.
  6. Growing healthcare industry: PVC cling film is widely used in the healthcare industry for packaging medical devices, equipment, and pharmaceutical products, which is driving the demand for PVC cling film in the healthcare industry.

Pvc Cling Film Market  Reginal Analysis

The global PVC cling film market can be segmented into various regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

  1. North America: The North American market is driven by the increasing demand for packaged food products and the growth of the retail industry. The growing awareness of food safety and hygiene is also driving the demand for high-quality packaging materials, including PVC cling film.
  2. Europe: The European market is driven by the growing demand for sustainable packaging materials and the increasing popularity of online food ordering and home-delivery services. The strict regulations related to food packaging materials are also driving the demand for high-quality PVC cling film products.
  3. Asia-Pacific: The Asia-Pacific market is expected to witness significant growth due to the increasing demand for packaged food products and the growth of the retail industry. The growing trend of on-the-go food consumption and the increasing popularity of home-delivery services are also driving the demand for PVC cling film in the region.
  4. Latin America: The Latin American market is driven by the growth of the food and beverage industry and the increasing demand for convenience food. The expanding retail industry and the growing awareness of food safety and hygiene are also driving the demand for PVC cling film in the region.
  5. Middle East and Africa: The Middle East and Africa market is driven by the increasing demand for packaged food products and the growth of the retail industry. The growing awareness of food safety and hygiene and the increasing demand for sustainable packaging materials are also driving the demand for PVC cling film in the region.

Pvc Cling Film Market  Forecasts 2030

The PVC cling film market is expected to grow significantly during the forecast period of 2021-2030. The global PVC cling film market is projected to grow at a CAGR of around 5% during the forecast period.The increasing demand for convenience food, the growth of the retail industry, and the expanding food and beverage industry are some of the major factors driving the growth of the PVC cling film market. The growing awareness of food safety and hygiene, the increasing demand for sustainable packaging materials, and technological advancements in PVC cling film products are also expected to drive the market growth during the forecast period.Moreover, the COVID-19 pandemic has led to a surge in demand for packaged food products, which is driving the demand for PVC cling film in the food and beverage industry. The increasing demand for PVC cling film in the healthcare industry for packaging medical devices, equipment, and pharmaceutical products is also expected to boost market growth.Geographically, the Asia-Pacific region is expected to witness significant growth during the forecast period due to the increasing demand for packaged food products, the growth of the retail industry, and the expanding food and beverage industry in the region. The strict regulations related to food packaging materials in Europe and North America are expected to drive the demand for high-quality PVC cling film products in these regions.Overall, the global PVC cling film market is expected to witness significant growth during the forecast period due to the increasing demand for convenience food, the growing awareness of food safety and hygiene, and the expansion of the food and beverage industry.

Pvc Cling Film Market Key Industry Players

Some of the key players operating in the global PVC cling film market are:

  1. Berry Global Inc.
  2. The Dow Chemical Company
  3. Amcor Limited
  4. Mitsubishi Chemical Corporation
  5. Sigma Plastics Group Inc.
  6. Inteplast Group Ltd.
  7. Polyvinyl Films Inc.
  8. Scientex Berhad
  9. Allen Plastic Industries Co., Ltd.
  10. Anchor Packaging Inc.

These companies are focusing on strategies such as mergers and acquisitions, product innovations, and collaborations to expand their market share and strengthen their position in the global PVC cling film market. They are also investing in research and development activities to improve the quality and performance of their products and meet the changing consumer demands.

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