Zion Market Research

PVC Cling Films Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

 

Sarasota, FL -- (SBWIRE) -- 03/13/2019 -- Global PVC Cling Films Market: Overview

PVC cling films are thin polyvinyl films used for packaging of food items to keep them fresh for an elongated period. They remain tight over the opening of a container without an adhesive. PVC cling films are easy to handle as well as microwave safe. These films contain no plasticizers so that they can be reheated and are therefore are eco-friendly. PVC cling films, although thin, are highly durable and solid. Durability an important feature of PVC cling films. If the item is dropped, jostled, moved, or tampered in any way, the PVC cling films would still hold up and protect the item.

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Global PVC Cling Films Market: Growth Factors

PVC cling films are cost-effective as compared to other materials like aluminum wraps & foils. The product offers flexible packaging solutions, aimed to boost the shelf-life of the product. This, in turn, will steer the growth of PVC cling films market over the forecast timeframe. In addition, PVC cling films prevent spoilage in packaged fresh produce products such as meat, fish, and fruits & vegetables. They are resistant to oxygen and moisture. Therefore, PVC cling films are widely used in various end-use applications such as packaging of cheese, biscuits, meat and fish, and other products. Various international and local food service outlets use PVC cling films in bulk. Hence, the PVC cling films market is estimated to have lucrative growth in the near future.

Furthermore, growing consumer preference for ready-made food items along with escalating demand for PVC cling films offering high-quality & effective packaging solutions at reasonable prices will steer the market trends in the coming years. However, aluminum wraps can act as an obstacle in the growth of the PVC cling films market in the near future.

Global PVC Cling Films Market: Segmentation

The global PVC cling films market can be classified into product type and application. Based on the product type, the market is sectored into the manual film, machine film, and others. On the basis of the application, the PVC cling films market is segmented into household and industrial sectors.

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Global PVC Cling Films Market: Regional Analysis

Based on regions, the global PVC cling films market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific is likely to dominate the PVC cling films market growth in the near future, owing to massive product demand in countries such as India and China. Furthermore, escalating use of the product in the food sector will further boost regional growth.

With the U.S. projected to have huge market growth potential, it is more likely that the North American market will gain traction over the years to come. The regional growth can be attributed to increasing fast food service outlets and the preference for ready-to-eat meals in the region.

Europe, MEA, and LATAM markets have huge growth prospects in the coming years.

Global PVC Cling Films Market: Competitive Players

Some of key players in PVC cling films market are Berry Global Inc., Klöckner Pentaplast Group, Mitsubishi Chemical Holdings Corp., Reynolds Group Holding Limited., Thong Guan Industries Berhad, Intertape Polymer Group Inc., Sigma Stretch Film Corp., Harwal Group, Fine Vantage Limited, Wrapex Limited, Tronoplast Technologies Inc., Multi Wrap (PTY) LTD, BENKAI Co., Ltd., Statpack Industries Ltd., Adex S.r.l., and ITS B.V.

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Global PVC Cling Films Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa