Title: PVC Cling Film Market analysis research and trends report for 2019 - 2025
1PVC Cling Film Market Trends Research and
Projections for 2019 - 2025
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2 Global Market Scenario of PVC Cling Film Industry
- PVC cling film market is segmented based on the
product into manual film and machine film. Rise
in favorable trends in emerging economies shall
drive the product demand during forecast
timespan. On the basis of thickness, the product
is categorized into films up to 10 microns, 10-15
microns, 15-20 microns and above 20 microns. - On the basis of sales channel, the product is
categorized into direct and indirect sales. On
the basis of end use, the market is categorized
into dairy products, meat, fruits and vegetables,
bakery confectionary, poultry, seafood, food
service outlets, cosmetics healthcare, consumer
goods households and other industrial use. - PVC Cling Film Market size is expected to see
high growth during forecast period owing to
rising demand from food and beverage industry
along with intensifying urbanization worldwide
and subsequent rising need for on-the-go food
products. - Product is manufactured by extrusion process in
which granules of PVC plastics are melted and
forced through a die to form bubble. The bubble
is then collapsed between metal rollers to form
thin film. Product is extensively used in food
industry for wrapping and protecting food items
from foreign particles and organisms.
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3- Regional Trends-
- North America PVC cling films market is among the
largest which is due to high demand of ready to
eat meals and increased food outlets in the U.S. - Asia Pacific is anticipated to dominate the
market in the forecast period. The region shall
witness significant growth in product demand due
to rising population in India and China along
with improving economic conditions in the region.
- Europe has significant market growth potential
owing to well-established food industry. However,
stringent regulations in the region can hamper
the product demand during forecast period. In
Latin America, the market growth can be associate
with changing consumer preference and increasing
disposable income in the region. - Middle East Africa have significant growth
potential during the forecast period, owing to
significant population rise and propelling food
beverage industry.
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4Market Research Reports Key Analytical Components
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5- Competitive Trends
- Some of the key manufacturers of PVC cling films
market include Berry Global Inc., Sigma Stretch
Film, Mitsubishi Chemical Holdings, Intertape
Polymer Group, Klöckner Pentaplast Group,
Reynolds Group Holding Limited., POLIFILM GmbH,
Thong Guan Industries Berhad, Tronoplast
Technologies Inc., CeDo Ltd., etc. - In order to sustain in the business environment,
companies are incorporating strategic
acquisitions mergers as growth strategy. For
instance, Berry Global Group acquired RPC group
Plc, one of the Europes largest supplier of
plastic packaging for USD 6.5 billion in 2019.
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