Europe Plastic Wrap Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 3.62 Billion |
Market Size (Forecast Year) |
USD 5.19 Billion |
CAGR |
|
Major Markets Players |
Europe Plastic Wrap Market Segmentation, By Type (Stretch Films, Shrink Films, Metallized Films, Twist Film, Release Film, Twist Rope, Others), Material (Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Ethylene, Vinyl Alcohol Copolymer (EVOH), Ethylene-Vinyl Acetate (EVA), Nylon, Others), Feature (Moisture Proof, Water Soluble), Processing Type (Casting, Multiple Extrusion, Blow Molding, Injection Molding), Transparency (Transparent, Translucent, Opaque), Hardness (Soft and Rigid), Distribution Channel (E-commerce, Convenience Store, Retail Stores, Supermarket/Hypermarket, Others), End-User (Food & Beverages, Pharmaceuticals, Personal Care and Cosmetics, Chemical, Others) - Industry Trends and Forecast to 2031.
Europe Plastic Wrap Market Size
Europe plastic wrap market size was valued at USD 3.62 billion in 2023 and is projected to reach USD 5.19 billion by 2031, with a CAGR of 4.6% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Plastic Wrap Key Market Insights |
Segmentation |
|
Countries Covered |
Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe |
Key Market Players |
Berry Global Inc, Reynolds Consumer Products, The Glad Products Company (A brand of The Clorox Company), Polywrap, AVPack Plastic Manufacturers, Coveris, Shenzhen Chengxing Packing & Material Co.Ltd, Four Star Plastics, AMERICAN MANUFACTURE COMPANY, S. C. Johnson & Son, Inc. |
Plastic Wrap Market Dynamics
Increasing demand of waterproof materials for packaging are the factors for the market growth. Rising demand of plastic wrap in food and beverages industry has driven the market growth.
This plastic wrap market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Europe Plastic Wrap Market Scope
Plastic wrap market is segmented of the categorized into material, feature, processing type, transparency, hardness, distribution channel and end-user. The growth among processing segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Type
- Stretch Films
- Shrink Films
- Metallized Films
- Twist Films
- Release Films
- Twist Rope
- Others
Material
- Polypropylene (PP)
- Polyethylene (PE)
- Polyvinyl Chloride (PVC)
- Polyethylene Terephthalate (PET)
- Ethylene-vinyl Alcohol Copolymer (EVOH)
- Ethylene-Vinyl Acetate (EVA)
- Nylon
- Others
Feature
- Moisture Proof
- Water Soluble
Processing type
- Casting
- Multiple Extrusion
- Blow Molding
- Injection Molding
Transparency
- Transparent
- Translucent
- Opaque
Hardness
- Soft
- Rigid
Distribution channel
- E-commerce
- Convenience Store
- Retail Stores
- Supermarket
- Hypermarket
- Others
End-user
- Food & Beverages
- Pharmaceuticals
- Personal Care
- Cosmetics
- Chemical
- Others
Plastic Wrap Market Regional Analysis
Plastic wrap is analyzed and market size information is provided by country type, material, feature, processing type, transparency, hardness, distribution channel and end-user.
The countries covered in Europe plastic wrap market report are Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland and the Rest of Europe.
In Europe, Germany is dominating due to the demand for stretch film has risen due to the growing tight regulations on the use of single-use non-biodegradable plastics for packaging purposes.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Plastic Wrap Market Share
Plastic wrap market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to plastic wrap market.
Plastic wrap Market Leaders Operating in the Market Are:
- Berry Global Inc
- Reynolds Consumer Products
- The Glad Products Company (A brand of The Clorox Company)
- Polywrap
- AVPack Plastic Manufacturers
- Coveris
- Shenzhen Chengxing Packing & Material Co.Ltd
- Four Star Plastics
- AMERICAN MANUFACTURE COMPANY
- S. C. Johnson & Son, Inc.
Latest Developments in Plastic Wrap Market
- In October 2019, Berry Global Inc., participated in 2019’s Private Label Trade Show. It will provide an opportunity for the company to highlight their advancements in private label products
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for plastic wrap through expanded range of size.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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