Global Pvc Cling Film Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Pvc Cling Film Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

PVC cling films are thin polyvinyl chloride films used for packaging of food items to keep them fresh for a longer period of time. PVC cling films are sold in the form of rolls in the market. PVC cling films remain tight over the opening of a container without an adhesive.

Market Overview:

The latest research study on the global Pvc Cling Film market finds that the global Pvc Cling Film market reached a value of USD 872.05 million in 2022. It’s expected that the market will achieve USD 1108.31 million by 2028, exhibiting a CAGR of 4.08% during the forecast period.

Under the public background of the COVID-19 crisis, the industry is being affected by COVID-19. It is currently impossible to accurately predict the degree of control of this epidemic in various countries, and it is impossible to predict whether it will function normally for long-term economic activities.

However, historical data shows that the impact of natural disasters on the macro economy is usually short-term, and the economy often shows a V-shaped trend. Affected by the disaster and market sentiment, the economic growth rate usually drops sharply in a short period of time, but as the disaster is gradually controlled, the market sentiment returns to stability, and the temporarily suppressed consumption and investment needs will be released, resulting in Economic rebound. The outbreak of the epidemic will have a significant impact on enterprises and individuals within a certain period of time, especially on small and medium-sized enterprises and low-income families. It is necessary for the government to take targeted financial and monetary measures to help all walks of life together.

Strength

They manifest superior qualities such as chemical resistance, reliability, durability, light weight and ability to sustain physical damage.
PVC cling film contributes to the health and hygiene of the food article, also preventing it from contaminants and preserving it.
With the population growth and the acceleration of urbanization in emerging economies such as India and China, the demand for PVC cling film continues to rise.

Weakness

PVC cling film is difficult to decompose which will cause relatively great pressure on environmental governance. More and more single-use plastic regulations, coupled with increased awareness of the environmental impact, will have a negative impact on product demand.
In the production of PVC cling film, a certain amount of plasticizer needs to be added. These plasticizers are easily dissolved when heated or contacted with oily food, and remain in the food and cause harm to the human body.
There are problems such as unclear implementation standards, illegal use of plasticizers, and irregular packaging labels.

Region Overview:

From 2022-2027, Asia Pacific is estimated to witness robust growth prospects

Company Overview:

Berry Global Inc. is one of the major players operating in the Pvc Cling Film market, holding a share of 23.6% in 2020.

Berry Global Inc.

Berry Global, Inc is a Fortune 500 global manufacturer and marketer of plastic packaging products. The company has three core divisions: (1) Health, Hygiene, and Specialties; (2) Consumer Packaging; and (3) Engineered Materials.

Anchor Packaging Inc.

Anchor Packaging’s mission is to be the global innovation leader in the design and manufacture of rigid food containers and all-purpose foodservice cling film, while doing so in an environment that focuses on food safety and the safety of employees. Since 1963, it has been committed to protecting food through new technology and protecting the environment through the use of environmentally-friendly materials.

Segmentation Overview:

Among different product types, Blow Process segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Meat segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Pvc Cling Film market covered in Chapter 3:

Reynolds Group Holding Limited.
Berry Global Inc.
Thong Guan Industries Berhad
Anchor Packaging Inc.
Gruppo Fabbri Vignola SpA
Klöckner Pentaplast Group
SIORCHEM
Herkoc
Folien GmbH Monheim
Alpfilm
Mirel Vratimov
Pro-Pack
Nan Ya Plastics Corporation
Mitsubishi Chemical Holdings Corp
Livingcos
CeDo Ltd.
Ergis

In Chapter 4 and Chapter 14.2, on the basis of types, the Pvc Cling Film market from 2018 to 2029 is primarily split into:

T-die Casting
Blow Process
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Pvc Cling Film market from 2018 to 2029 covers:

Dairy products
Meat
Fruits and vegetables
Bakery & confectionary
Poultry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)