Cling Film Market Overview 2023-2030

Cling Film Market: Overview

Cling film, plastic wrap, or plastic film is a thin, translucent, and flexible plastic material with a wide range of uses. The plastic known as polyethylene is commonly used to make it. Cling film forms an airtight and protective seal because it sticks to itself and the surface it is wrapped around.

With a CAGR of almost 4.65% between 2023 and 2030, the global cling film market is expected to grow from its 2022 valuation of $10.31 billion to a peak of $15.71 billion by the end of 2030.

Cling Film Market: Segment Analysis

Segment analysis of the cling film market involves breaking down the market into specific categories or segments based on various factors like product type, material, end-users, and geography. This allows for a more detailed understanding of the market and the ability to identify growth opportunities and trends within each segment. Below are some common segments that can be analyzed in the cling film market:
  1. Product Type:
    • Standard Cling Film: This includes the traditional cling film used for wrapping and preserving food.
    • Premium Cling Film: High-quality cling film designed for better durability, strength, and food preservation.
    • Cling Film Dispensers: Devices designed for easier and more efficient dispensing of cling film.
  2. Material:
    • Low-Density Polyethylene (LDPE): Most cling films are made from LDPE, known for its flexibility and cling properties.
    • Linear Low-Density Polyethylene (LLDPE): LLDPE cling film is known for its higher tensile strength.
    • High-Density Polyethylene (HDPE): HDPE cling films offer better resistance to tearing and punctures.
  3. End-User Applications:
    • Food Industry: Cling film is widely used in the food industry for wrapping and preserving food items.
    • Household Use: Cling film is a common household item for covering leftovers and other food items.
    • Commercial and Industrial Use: Used in catering, restaurants, and various industrial applications.

Regional Analysis

According to the forecast, North America will continue to dominate the worldwide cling film market. In 2022, the region accounted for almost 60% of the industry’s revenue. In addition, countries like the United States might contribute to the growth of the regional market by increasing production of food packaging products. Industry expansion in the region will be bolstered by the presence of major packaging producers in the country.

Because of rising productivity and falling product prices in countries like India and China, the Cling Film market in Asia and the Pacific is expected to grow at the fastest rate in the future years. In addition, the region’s industry size will benefit from the growing demand for products offered by both major and small food packaging companies.

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Cling Film Market: Competitive Space

The global cling film market profiles key players such as:

  • Berry Global Group Inc.
  • Manuli Stretch S.p.A.
  • Wrapex Limited
  • The 3M Company
  • Rotofresh – Rotochef s.r.l.
  • Adex S.r.l.
  • Pragya Flexifilm Industries
  • Intertape Polymer Group
  • Kalan SAS
  • MOLCO GmbH
  • Multi Wrap (PTY) LTD
  • Fine Vantage Limited
  • Gruppo Fabbri Vignola S.p.A.
  • Anchor Packaging
  • Klöckner Pentaplast Europe GmbH & Co. KG.

Leave a Reply

Your email address will not be published. Required fields are marked *