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North America Plastic Wrap Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2031

Materials & Packaging | Upcoming Report | Sep 2024 | North America | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

North America 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.


North America Plastic Wrap Market Size

North America plastic wrap market size was valued at USD 5.29 billion in 2023 and is projected to reach USD 8.56 billion by 2031, with a CAGR of 6.2% during the forecast period of 2024 to 2031.

Report Scope and Market Segmentation       

Attributes

Plastic Wrap Key Market Insights

Segmentation

  • By Type: Stretch Films, Shrink Films, Metallized Films, Twist Film, Release Film, Twist Rope, Others
  • By Material: Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Ethylene, Vinyl Alcohol Copolymer (EVOH), Ethylene-Vinyl Acetate (EVA), Nylon, Others
  • By Feature: Moisture Proof, Water Soluble
  • By Processing Type: Casting, Multiple Extrusion, Blow Molding, Injection Molding
  • By Transparency: Transparent, Translucent, Opaque
  • By Hardness: Soft and Rigid
  • By Distribution Channel: E-commerce, Convenience Store, Retail Stores, Supermarket/Hypermarket, Others
  • By End-User: Food & Beverages, Pharmaceuticals, Personal Care and Cosmetics, Chemical, Others

Countries Covered

U.S., Canada, Mexico

Key Market Players

Natural Value Inc., Shenzhen Chengxing Packing & Material Co.Ltd, Four Star Plastics, AMERICAN MANUFACTURE COMPANY, S. C. Johnson & Son, Inc, The Glad Products Company (A brand of The Clorox Company), Polyvinyl Films, Inc, ChicWrap, Reynolds Consumer Products, Berry Global Inc

North America Plastic Wrap Market Dynamics

 Increasing demand of waterproof materials for packaging are the factors for the market growth. The U.S. is dominating due to the demand of packaged foods has been growing very rapidly among the youth and adults which increase the demand of plastic wraps.

 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.

North America 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

North America market is analysed and market size information is provided by country product type, material type, temperature and application as referenced above.

The countries covered in the plastic wrap market report are U.S., Canada and Mexico in North America.

The U.S. is dominating the market because of the increased product protection for retail sales.

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 North America 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:

  • Natural Value Inc.
  • Shenzhen Chengxing Packing & Material Co.Ltd
  • Four Star Plastics
  • AMERICAN MANUFACTURE COMPANY
  • S. C. Johnson & Son, Inc
  • The Glad Products Company (A brand of The Clorox Company)
  • Polyvinyl Films, Inc
  • ChicWrap
  • Reynolds Consumer Products
  • Berry Global Inc.

Latest Developments in Plastic Wrap Market

  • In January 2020, Reynolds Consumer Products Inc. offered shares of its common stock in Securities and Exchange Commission (SEC) U.S. These initial public offerings of its common stock as it helps to increase market share and helps to meet demand.

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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