PVC Cling Film Market Size, Industry Outlook Report, Regional Analysis, Application Development, Price Trends, Competitive Market Share & Forecast, 2024 – 2032

PVC Cling Film Market Size, Industry Outlook Report, Regional Analysis, Application Development, Price Trends, Competitive Market Share & Forecast, 2024 – 2032

PVC Cling Film Market Size

PVC Cling Film Market is projected to observe exponential growth over 2024-2032, driven by the strong demand for packaged foods and hygiene products during as well as post the COVID-19 crisis. The film's ability to provide an effective and protective barrier against contaminants while preserving the freshness and shelf life has increased its demand.

Additionally, as busy lifestyles and on-the-go consumption patterns become prevalent, the need for efficient and practical packaging solutions escalates. In June 2023, as per PYMNTS Study, a survey of over 2,300 U.S. adults, indicated that around 57% of consumers, approximately 96 million people, purchased ready-to-eat meals. The ability to conform tightly to various shapes and surfaces, thereby preserving the quality of food items, aligns well with the convenience-driven consumer preferences.

PVC Cling Film Market Trends

There is an increasing emphasis on sustainable and eco-friendly alternatives within the packaging industry. With growing environmental awareness, manufacturers are exploring and developing PVC cling film solutions that prioritize recyclability and reduce environmental impact. Innovations in film manufacturing processes, including the incorporation of antimicrobial properties and enhanced barrier functionalities, cater to the evolving needs of diverse industries.

PVC Cling Film Market Analysis

Based on product, the machine film segment is expected to hold a substantial share through 2032, owing to efficiency and cost-effectiveness in industrial packaging processes. There is a growing demand for automated packaging solutions, especially in industries where high-volume, standardized packaging is essential. Machine films are designed to be compatible with automatic wrapping machinery, offering consistent and precise wrapping, reducing labor costs, and enhancing overall operational efficiency.

As per end-use, seafood segment is set to record stellar growth through 2032, favored by the rise in aquaculture investment. For instance, in September 2022, NOAA Sea Grant disbursed close to USD 14 million in federal funding aimed at enhancing the aquaculture sector throughout the United States. The potential of fisheries and aquaculture to alleviate food security and address nutrition concerns while generating employment opportunities, particularly among the youth, will favor the segment growth.

North America market size is poised to expand at a significant rate from 2024 to 2032, owing to the rising exports of beef. As per the data from Beef2Live, in 2023, the U.S. exported 2.56 billion pounds of beef, boosting the necessity for durable and tear-resistant packaging materials. Moreover, the continual innovations in PVC cling film technology, such as improved barrier properties and advanced film formulations, enhance the film's versatility and application scope. The burgeoning demand for convenient and flexible packaging solutions across various industries, including F&B, pharmaceuticals, and household applications will stimulate the regional market growth.

PVC Cling Film Market Share

• Klöckner Pentaplast Group
• Berry Global, Inc.
• Sigma Stretch Film
• Thong Guan Industries Bhd
• Mitsubishi Chemical Holdings
• POLIFILM GmbH
• Intertape Polymer Group
• Pactiv Evergreen Inc.
• Tronoplast Technologies, Inc.
• CeDo Ltd.

are some of renowned companies in the PVC cling film industry. These companies are focusing on innovative product launches and partnerships to reinforce their presence in the global market.

PVC Cling Film Industry News

• In April 2022, Sigma Stretch announced the expansion of the manufacturing capacity of its stretch film to encompass all five of its production facilities throughout North America and Canada.

What Information does this report contain?

Historical data coverage 2018 to 2023; Growth Projections 2024 to 2032.

Expert analysis industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.

6-7 year performance forecasts major segments covering applications, top products and geographies.

Competitive landscape reporting market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.