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Global PVC Cling Films Market Insight March 4, 2022 Comments

The PVC Cling Films is forecast to smooth over the next few years. According to the WK-chem Research “Global PVC Cling Films Professional Survey Report 2022, Forecast to 2027”, with the increasing demand of the Meat, Poultry and Seafood industry,the PVC Cling Films industry is developing at an incredible speed. According to the WK-chem regression analysis model, the compound annual growth rate (CAGR) for the period 2022-2027 is expected to be 4.50%.
Analysts’ Viewpoint:
“The use of PVC Cling Films technology in the manufacture and use of packaging bag is expected to provide various opportunities for market growth, Senior analyst, Chemical & Material Market Research Center in WK-chem.” It is expected that during the forecast period, the Food Industry will dominate the global PVC Cling Films market.”
Market insight:
The popularity of ready-to-eat meals and convenience foods due to busy work schedules will lead the market growth over the next few years. In addition, companies in the food industry are looking for packaging producers that offer high quality and efficient packaging at reasonable prices, creating a huge demand for PVC cling film. This plastic film is increasingly used in the food industry because of its ability to provide high clarity, puncture-resistant packaging and improved product shelf life. Furthermore, the myriad of usage advantages of PVC compared to other films such as PE (polyethylene), such as high flexibility, safety, and cost-effectiveness, are also expected to boost industry growth over the projected period.
Competition Landscape:
This WK-chem market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading PVC Cling Films companys that include Berry Global Inc., Mitsubishi Chemical Holdings Corp., Klöckner Pentaplast Group, Reynolds Group Holding Limited., Sigma Stretch Film Corp .etc.
Segmentation of PVC Cling Films Market:
The product types considered in the PVC Cling Film Market study include machine and manual PVC Cling Film. Among them, the machine PVC cling film segment accounts for a major share of the global PVC cling film market as machine films offer higher yields compared to manual or hand-held films. On the basis of end use, the global PVC cling films market has been segmented into eight segments that are dairy products, fruits and vegetables, bakery & confectionary, meat, poultry, and seafood, cosmetics & healthcare products, consumer goods & households, food service outlets, and other industrial uses. The PVC cling film market in the seafood sector will show a strong growth rate. This is driven by continued population growth, rapid urbanization and increased consumption of fish as a healthy alternative.
PVC Cling Films Market: Regional Analysis
In terms of geography, the global PVC Cling Films market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Asia Pacific holds the major market share. The expansion of the Asia Pacific market over the projected period is due to the large-scale product penetration in densely populated countries such as India and China. In addition to this, the substantial presence of major product manufacturers in the region will further expand the market size of the region in the following years. China is expected to become the fastest growing country in the Asia-Pacific region. China’s food industry is developing rapidly, which will greatly increase the demand for packaging films. In addition, China’s PVC cling film market will gain considerable revenue due to the increase in the amount of meat imports.
Cagr: 4.50%
Largest share area:Asia-Pacific
Largest share country:China
Product Type:Machine and Manual Pvc Cling Film
Application:Fruits and Vegetables, Bakery & Confectionary, Meat, Poultry, and Seafood, Cosmetics & Healthcare Products, Consumer Goods & Households, Food Service OutletsLeading Company:Berry Global Inc., Mitsubishi Chemical Holdings Corp., Klöckner Pentaplast Group, Reynolds Group Holding Limited., Sigma Stretch Film Corp