Cling Films Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Material (Polyethylene, PVC, PVDC, Others), By End-User (Food, Healthcare, Consumer Goods, Others), And By Geography - Forecasts From 2019 To 2024

  • Published : May 2021
  • Report Code : KSI061614666
  • Pages : 124
Global cling films market is expected to grow at a compound annual growth rate of 3.93% to reach a market value of US$1,007.513 million by 2024 from US$799.475 million in 2018. Cling films are transparent plastic films that adheres to the surface without heating. Cling films are permeable to oxygen and water vapor helping in retaining the freshness of the product.
 
The increasing demand for cling films in the food and beverage sector owing to its properties of preventing the product from contaminants and increasing the shelf life is expected to drive the market for cling films. Further increasing demand for hygienic packaging is anticipated to boost the demand for these solutions. The key industries driving the market for cling films are food, healthcare and consumer goods among others. Geographically the Asia-Pacific region is projected to hold a significant market share owing to the increasing number of food outlets and increasing preference for online food ordering. However, the low resistance of cling films to extreme weather is expected to hamper the market growth to an extent.
 
DRIVERS
Rising food & beverage industry.
Increasing demand for hygienic packaging.
 
RESTRAINTS
Government rules and regulations regarding use of plastic.
Low resistance to extreme weather.
 
The major players profiled in the cling films market include Berry Global Inc., ADEX Cling, Intertape Polymer Group, The Dow Chemical Company, Multi Wrap (PTY) Ltd, Anchor Packaging Inc., Benkai CO., Ltd, MolcGmbh, CeDLtd, Rotofresh - Rotochef s.r.l. ITS B.V., and Statpack Industries Limited.

Cling Films Market Scope:

Report Metric Details
 Market size value in 2018  US$799.475 million
 Market size value in 2024  US$1,007.513 million
 Growth Rate  CAGR of 3.93% from 2018 to 2024
 Base year  2018
 Forecast period  2019–2024
 Forecast Unit (Value)  USD Million
 Segments covered  Material, End-User, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered Berry global Inc., ADEX Cling, Intertape Polymer Group, Multi Wrap (PTY) Ltd, Anchor Packaging Inc., Benkai CO., Ltd, Molco Gmbh, CeDo Ltd, Rotofresh - Rotochef s.r.l, ITS B.V., Statpack Industries Limited
 Customization scope  Free report customization with purchase

 

Segmentation

The cling films market has been analyzed through the following segments:
 
By Material
Polyethylene 
PVC
PVDC
Others
 
By End-User
Food
Healthcare
Consumer Goods
Others
 
By Geography
North America
USA
Canada
Mexico
 
South America
Brazil
Argentina
Others
 
Europe
Germany
France
United Kingdom
Spain
Others
 
Middle East and Africa
Saudi Arabia
Israel
Others
 
Asia Pacific
China
Japan
South Korea
India
Others
 

Frequently Asked Questions (FAQs)

Q1. What will be the cling films market size by 2024?
A1. The global cling films market is expected to reach a total market size of US$1,007.513 million by 2024.

Q2. What are the growth prospects for cling films market?
A2. The cling films market is expected to grow at a CAGR of 3.93% during the forecast period.

Q3. What is the size of global cling films market?
A3. Cling Films market was valued at US$799.475 million in 2018.

Q4. What factors are anticipated to drive cling films market growth?
A4. The increasing demand for cling films in the food and beverage sector owing to its properties of preventing the product from contaminants and increasing the shelf life is expected to drive the market for cling films.

Q5. Which region holds the largest market share in the cling films market?
A5. The Asia-Pacific region is projected to hold a significant share in the cling films market owing to the increasing number of food outlets and increasing preference for online food ordering.


1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY 
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. CLING FILMS  MARKET BY MATERIAL
5.1. Polyethylene
5.2. PVC
5.3. PVDC
5.4. Others
6. CLING FILMS  MARKET BY END-USER
6.1. Food
6.2. Healthcare
6.3. Consumer Goods
6.4. Others 
7. CLING FILMS  MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. India
7.5.5. Others
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Berry global Inc.
9.2. ADEX Cling
9.3. Intertape Polymer Group
9.4. Multi Wrap (PTY) Ltd
9.5. Anchor Packaging Inc.
9.6. Benkai CO., Ltd
9.7. Molco Gmbh
9.8. CeDo Ltd
9.9. Rotofresh - Rotochef s.r.l
9.10. ITS B.V.
9.11. Statpack Industries Limited
LIST OF FIGURES
LIST OF TABLES

Berry global Inc.
ADEX Cling
Intertape Polymer Group
Multi Wrap (PTY) Ltd
Anchor Packaging Inc.
Benkai CO., Ltd
Molco Gmbh
CeDo Ltd
Rotofresh - Rotochef s.r.l
ITS B.V.
Statpack Industries Limited