According to IMARC Group’s latest report, titled “Cling Films Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.’ the global cling films market size reached US$ 1.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.
Cling Films Market Overview:
Cling film is a single-use product that is manufactured using polyethylene, polyvinylidene chloride (PVC), biaxially oriented polypropylene, and polyvinylidene dichloride (PVDC). It is a superior quality wrapping solution that prevents food from contamination and moisture. It is generally characterized by high transparency, improved flexibility, good tensile strength, and excellent adhesive properties.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report
Cling Films Market Trends:
The global market is primarily driven by the rising product demand from the food and beverages sector. Cling films are widely used across the industry to ensure freshness and food safety while avoiding spillage and spoilage of the wrapped food products, which is significantly contributing to market growth. Furthermore, the increasing awareness among the consumers regarding hygiene and the rising preference for packaged food among the masses have provided a boost to the market growth. Additionally, the widespread adoption of biodegradable and polymer-based cling film variants among end users has positively influenced the market growth. Other factors, including the increasing product usage for packaging medical devices and the rising government expenditure in the food processing industry, have also provided an impetus to market growth.
Cling Films Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global cling films market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these Key Players Include:
- 3M Company
- ADEX S.r.l.
- Anchor Packaging
- Berry Global Inc.
- CeDo Ltd.
- Dow Inc.
- DuPont de Nemours Inc.
- Harwal Group of Companies
- Intertape Polymer Group
- Jindal Poly Films
- Klöckner Pentaplast
- Mitsubishi Chemical Corporation
- MOLCO GmbH
- Multi Wrap (Pty) Ltd
- Nan Ya Plastics Corporation.
Key Market Segmentation:
The report has segmented the global cling films table market on the basis of material type, form, thickness and end use industry.
Breakup by Material Type:
- Polyethylene
- Biaxially Oriented Polypropylene
- PVC
- PVDC
- Others
Breakup by Form:
- Cast Cling Film
- Blow Cling Film
Breakup by Thickness:
- Up to 9 Micron
- 9 to 12 Micron
- Above 12 Micron
Breakup by End Use Industry:
- Food
- Healthcare
- Consumer Goods
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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