Cling Films Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028
See less
Cling Films Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028
Cling Films Market is segmented by Material Type (Polyethylene, Biaxially Oriented Polypropylene, PVC, PVDC, and Others), by Form Type (Cast Cling Film and Blow Cling Film), by Thickness Type (Up to 9 Microns, 9 to 12 Microns, and Above 12 Microns), by End-User Type (Food Industry, Healthcare, Consumer Goods, Industrial, and Others), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, Italy, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Argentina, and Others]).
Cling Films Market is segmented by Material Type ...
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.
Growth in the food and beverage industry, increasing demand for packaging, and the growing medical industry are expected to drive market growth during the forecast period. Furthermore, cling films have higher transparency, tensile strength, heat resistance, and 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.
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.
Segments Analysis
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The market is segmented into the following categories-
By Material Type
Polyethylene
Biaxially Oriented Polypropylene
PVC
PVDC
Others
By Form Type
Cast Cling Film
Blow Cling Film
By Thickness Type
Up to 9 Microns
9 to 12 Microns
Above 12 Microns
By End-User Type
Food Industry
Healthcare
Consumer Goods
Industrial
Others
By Region
North America
Europe
Asia-Pacific
Rest of the World
By 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 unrivaled 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.
By 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, creating cast film is the most efficient method of producing high-quality stretch wrap films. Also, cast cling film offers excellent clarity and tear resistance.
By End-User Type
The market is segmented as the 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.
Regional Analysis
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 products in the consumer goods, healthcare, and packaging industries in 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.
Want to know which region offers the best growth opportunities?Register Here
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 2023 to 2028. 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.
Report Features
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.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Cling Films Market
How lucrative is the future?
Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
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
LOADING
LOADING
×
Please enter your contact details. It will allow our analysts to reach out to you.
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 and growing urbanization in emerging economies such as India and China are expected to drive market growth in the coming years.
The food industry will likely maintain its market dominance 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.
Growth in the food and beverage industry, increasing demand for packaging, and the growing medical industry are expected to drive market growth in the coming five years.
