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 film is a transparent plastic sheet that adheres to itself and other smooth surfaces. It is manufactured using polyethylene, polyvinylidene chloride (PVC), biaxially oriented polypropylene and polyvinylidene dichloride (PVDC). It is commonly available in cast and blow cling variants and is used for packaging edible and non-edible items. It is also widely used to keep flowers fresh, seal and secure food items, prevent freezer burns and line shelves. Cling films have high transparency, tensile strength, heat resistance and adhesive properties. In comparison to the traditionally used shrink films, cling films are more flexible and can wrap multiple products together. As a result, they are widely used across various industries, such as food and beverage, healthcare and packaging.
Cling Films Market Trends:
Significant growth in the food and beverage industry across the globe is creating a positive outlook for the market. Cling films are widely used to wrap food items to prevent insect, dust and microbial contamination and minimize the risks of spoilage and wastage. Additionally, the widespread utilization of polymer-based cling films for packaging is favoring the market growth. These films are widely used to improve mechanical handling properties, prevent the loss of moisture from the food and minimize lipid migration and oxygen absorption. Moreover, various product innovations, such as the development of biodegradable and compostable cling film variants, are providing a thrust to the market growth. These films are environmentally friendly and aid in decreasing carbon emission. Other factors, including the increasing product demand for frozen meat and seafood products and the launch of high gloss variants, along with the widespread product utilization to wrap medical devices, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cling films market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on 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
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, ADEX S.r.l., Anchor Packaging LLC, Berry Global Inc., CeDo Ltd., Dow Inc., Harwal Group of Companies, Intertape Polymer Group Inc., Jindal Poly Films Limited (Jindal Group), Klöckner Pentaplast (KP Holding GmbH & Co. KG), Mitsubishi Chemical Corporation, MOLCO GmbH, Multi Wrap (Pty) Ltd., and Nan Ya Plastics Corporation.
Key Questions Answered in This Report
1. What was the size of the global cling films market in 2022?
2. What is the expected growth rate of the global cling films market during 2023-2028?
3. What are the key factors driving the global cling films market?
4. What has been the impact of COVID-19 on the global cling films market?
5. What is the breakup of the global cling films market based on the material type?
6. What is the breakup of the global cling films market based on form?
7. What is the breakup of the global cling films market based on the thickness?
8. What is the breakup of the global cling films market based on the end use industry?
9. What are the key regions in the global cling films market?
10. Who are the key players/companies in the global cling films market?
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