Global Polyvinyl Chloride Pvc Cling Film Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2021 –2028 |
 Market Size (Base Year) |
USD 1,200.00 Million |
 Market Size (Forecast Year) |
USD 1,800.14 Million |
 CAGR |
% |
| Major Markets Players |
Global Polyvinyl Chloride (PVC) Cling Film Market, By Product Type (Machine Films and Manual or Handheld Films), Thickness (Up to 10microns, 10-15 microns, 15-20 microns and Above 20 microns), Sales Channel (Direct Sales and Indirect Sales), End Use (Dairy Products, Fruits and Vegetables, Bakery and Confectionary, Meat, Poultry, and Seafood, Cosmetics and Healthcare Products, Consumer Goods and Household, Food Service Outlets and Other Industrial Uses), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Polyvinyl Chloride (PVC) Cling Film Market
Data Bridge Market Research analyses that the polyvinyl chloride (PVC) cling film market will project a CAGR of 5.20% for the forecast period of 2021-2028. Rising focus on the packaging product innovations and technological advancements by the manufacturers, growth and expansion of packaging industry especially in the developing economies like India and China, surging demand for innovative packaging solutions that are developed with advanced and innovative methods of manufacturing, growing demand for beauty and personal care products and increased personal disposable income are the factors driving the growth of polyvinyl chloride (PVC) cling film market. Therefore, the polyvinyl chloride (PVC) cling film market value, which was USD 1,200 million in 2020, would stand tall by USD 1,800.14 million by 2028.
Polyvinyl chloride (PVC) cling films are the thin sheets that are used as packaging solutions to keep the items fresh for a long period of time and increase their shelf life. The polyvinyl chloride (PVC) cling films are plastic wraps that are widely used for food storage purpose. The polyvinyl chloride (PVC) cling films are easy to handle and exhibit great temperature resistance quality.
Rising urbanization, modernization, and globalization and increased consumption of a wide range of food items are driving the growth in the market value. Growing awareness about the cost effectiveness of polyvinyl chloride (PVC) cling films as compared to aluminium wraps and foils will further induce growth in the market value. Surging research and development proficiencies, rising demand for flexible packaging solutions around the globe, growing preference for ready-to-eat meals and increased proliferation of e-commerce industry are some other market growth determinants.
However, rising environmental concerns and stringent regulations imposed by the government on the application of plastic will create hindrances for the market growth rate. Fluctuations in the prices of raw materials and supply chain disruptions owing to the recent pandemic will further dampen the market growth rate. Growing awareness about the non-biodegradability of plastic and competition from other packaging materials will hamper the market growth rate.
This polyvinyl chloride (PVC) cling film market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on polyvinyl chloride (PVC) cling film market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Polyvinyl Chloride (PVC) Cling Film Market Scope and Market Size
Global polyvinyl chloride (PVC) cling film market is segmented on the basis of product type, thickness, sales channel and end use. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the polyvinyl chloride (PVC) cling film market can be segmented into machine films and manual or handheld films.
- On the basis of thickness, the polyvinyl chloride (PVC) cling film market can be segmented into up to 10 microns, 10-15 microns, 15-20 microns and above 20 microns.
- On the basis of sales channel, the polyvinyl chloride (PVC) cling film market is segmented into direct sales and indirect sales.
- On the basis of end use, the polyvinyl chloride (PVC) cling film market is segmented into dairy products, fruits and vegetables, bakery and confectionary, meat, poultry, and seafood, cosmetics and healthcare products, consumer goods and household, food service outlets and other industrial uses.
Polyvinyl Chloride (PVC) Cling Film Market Country Level Analysis
The global polyvinyl chloride (PVC) cling film market is analysed and market size insights and trends are provided by country, product type, thickness, sales channel and end use as referenced above.
The countries covered in the polyvinyl chloride (PVC) cling film market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region dominates the polyvinyl chloride (PVC) cling film market during the forecast period owing to the increasing trend of packaged food products. Asia-Pacific will continue to undergo substantial gains. Availability of raw materials, growth and expansion of various end user verticals, rising introduction of new and innovative products, and increased personal disposable income are some important market growth determinants.
The country section of the polyvinyl chloride (PVC) cling film market 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 consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Polyvinyl Chloride (PVC) Cling Film Market Share Analysis
The polyvinyl chloride (PVC) cling film 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, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to polyvinyl chloride (PVC) cling film market.
The major players covered in the polyvinyl chloride (PVC) cling film market report UNITIKA LTD., TORAY INDUSTRIES, INC., WINPAK LTD., Kolon Industries, Inc., HYOSUNG, Honeywell International Inc., Mitsubishi Chemical Holdings Corporation, TOYOBO CO., LTD., Domo Chemicals, BASF SE, Mondi, Sealed Air, Bemis Company, Inc., Berry Global Inc., ProAmpac., Nampak Ltd., ELOPAK, OLON Industries Inc., SIG Combibloc Group AG, and Uflex Limited among other global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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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.
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