• Blog
  • Cling Films Market Report

    Cling Films Market Report

    Cling Films Market Report
    Report code - SR2162 Delivery - 2 Weeks
    Get Free Sample |
    Cling Films Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportun See more...

    Market Insights

    Cling films are thin films that adhere to surfaces and to themselves while remaining flexible and tear resistant. Cling films are so thin that they cling to whatever they are wrapped around. A cling film is made of a transparent polymer that clings to objects to form a sealant for that object.

    The COVID-19 pandemic negatively impacted various industries in 2020. However, the market for cling films was less affected by the pandemic's wrath as consumers were more inclined towards online channels, which drives the cling films market as the demand for packaging expanded across various end-user industries.

    The cling films market is estimated to grow at a decent CAGR of 4.5% during the forecast period. Growth in the food and beverage industry, increasing demand for packaging, and the growing medical industry are expected to drive the market growth during the forecast period. Furthermore, cling films have higher transparency, tensile strength, heat resistance, adhesive properties, and are more flexible than traditional shrink films. All of these factors are expected to further fuel the growth of the market in the coming years.

    Segment Analysis

    Based on the material type, the market is bifurcated into polyethylene, biaxially oriented polypropylene, PVC, PVDC, and others. Polyvinyl Chloride (PVC) dominated the cling films market in 2021, and is expected to maintain its unrivalled lead throughout the forecast period. PVC is one of the most widely used materials for food storage. Furthermore, PVC cling films are resistant to high and low temperatures, oxygen and moisture, and are highly durable, allowing the product to remain fresh for longer periods of time. PVC films are less expensive than other aluminum wraps or foils. They keep packaged foods like meat, fish, fruits, and vegetables from spoiling.

    Based on the form type, the market is segmented as cast cling film and blow cling film. Cast cling film is likely to govern the market during the forecast period. Cast cling film is comparatively less expensive and can save more than 15% to 20% on per unit packing costs. Furthermore, the process used to create cast film is the most efficient method of producing high-quality stretch wrap films. Also, cast cling film offers excellent clarity and tear resistance.

    Based on the end-user type, the market is segmented as food industry, healthcare, consumer goods, industrial, and others. Among these end-users, the food industry dominates the market. The market for cling films is driven by significant factors such as the growing food industry and rising demand for all types of food packaging. Also, cling film offers excellent glossiness and fog-resistant properties. In addition, because cling film is thin, stretchable, and adheres to any smooth surface without the use of adhesives, it is a popular film material for food wrap.

    In terms of regions, North America accounted for the lion's share of the cling films market in 2021, whereas Asia-Pacific is anticipated to experience the highest demand during the forecast period. The region’s market is expanding as a result of the rising demand for the product in the consumer goods, healthcare, and packaging industries in the developing economies such as China, India, and Japan. In addition, China is home to one of the world's largest food industries. Additionally, it is expected that the market will continue to grow on account of increasing population and rising per capita income.

    Key Players

    The following are some of the key players in the cling films market:

    • 3M Company
    • Amcor plc
    • Berry Global Inc.
    • CeDo Ltd.
    • Dow Inc.
    • Inteplast Group
    • Jindal Poly Films Limited
    • MOLCO GmbH
    • Multi Wrap (Pty) Ltd.
    • Sigma Plastics Group

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s cling films market realities and future market possibilities for the forecast period of 2022 to 2027. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Target Audience

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

    The cling films market is segmented into the following categories:

    Cling Films Market, by Material Type

    • Polyethylene (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Biaxially Oriented Polypropylene (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • PVC (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • PVDC (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

    Cling Films Market, by Form Type

    • Cast Cling Film (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Blow Cling Film (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

    Cling Films Market, by Thickness Type

    • Up to 9 Microns (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • 9 to 12 Microns (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Above 12 Microns (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

    Cling Films Market, by End-User Type

    • Food Industry (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Healthcare (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Consumer Goods (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

    Cling Films Market, by Region

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, The UK, Russia, Italy, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: Brazil, Argentina, and Others)

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@Stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The cling films market is estimated to grow at a CAGR of 4.5% over the next five years. Growth in the food and beverage industry, increasing demand for packaging, and the growing medical industry are expected to drive the market growth in the coming five years.

    3M Company, Amcor plc, Berry Global Inc., CeDo Ltd., Dow Inc., Inteplast Group, Jindal Poly Films Limited, MOLCO GmbH, Multi Wrap (Pty) Ltd., and Sigma Plastics Group are some of the key players in the market.

    North America is estimated to be dominant in the cling films market in the coming years due to high demand from the food and beverages sector and increasing focus on biodegradable cling films.

    Asia-Pacific is estimated to grow at the fastest rate in the coming five years. The increasing demand from the food packaging sector, as well as growing urbanization in emerging economies such as India and China, are expected to drive the market growth in the coming years.

    Food industry is likely to maintain its dominance in the market in the next five years. The growing food industry and rising demand for all types of food packaging are driving the market for cling films. Also, cling film offers excellent glossiness and fog-resistant properties.

    •   

      Why are We Class Apart?

      Advanced Materials Offer Next Growth Wave

      We Specialize in Composites & other Materials Market Research

      >60% of the First Buyers Come Back to Us

      >95% Client Satisfaction Ratio, the Industry's Highest

      Clients Across the Value Chain

      Track the Latest Trends in Advanced Materials

      Know High Growth Opportunities