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Cling Films Market Share, Growth, Statistics, Application, Production, Revenue & Forecast to 2027

06-18-2020 07:01 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: The Insight Partners

Cling Films Market

Cling Films Market

The report on the Cling Films Market at a glance shows the current progress in the Cling Films Market. The report also considers the impact of the new COVID-19 epidemic on the Cling Films Market and provides a clear assessment of market fluctuations expected during the forecast period. More information on the various factors that can affect the overall dynamics of the Cling Films Market during the forecast period (2020-2027), including current trends, growth opportunities, limiting factors, etc., is detailed in the market research.

Food plastic wraps are commonly known as cling films or wraps. They are thin plastic wraps that is used for sealing and securing food items as well as different products in the healthcare, pharmaceuticals, consumer goods, and other industries. In the packaging process in food industry, cling films enables the companies to keep the food items fresh for longer periods. The manufacturing of cling films involves blowing compressed air through a tube to form a bubble. The bubble then stretches the plastic into the desired thickness. Finally, the bubble is collapsed between metal rollers to give rise to a cling film. The cling films protect the food items from bacteria, microorganisms, moisture, and dust from external sources. Based on material type, the cling films market is categorized into polyethylene, biaxially oriented polypropylene, PVC, PVDC, and others. Based on form, the market is segmented into cast cling film and blow cling film. Based on thickness, the cling films market is segmented into up to 9 microns, 9-12 microns, and above 12 microns. Based on end-use industry, the cling films market is segmented into food industry, healthcare, consumer goods, and industrial.

North America is expected to be the largest market for the global cling films market in the coming years. This projected growth is attributed the high acceptance and use of cling films by the various companies involved in ready to eat & packaged foods, consumer goods, and healthcare in North America. Cling films prevents the growth of microorganisms or bacteria and thus keep the packaged food fresh for a longer duration. Cling films are eco-friendly and cost-effective. They protect the packaged products from external harm and prevent them from damage when tampered or moved. All these factors boost the demand for cling films in North American.

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Top Key Companies:
• ADEX Cling
• AEP Industries
• Anchor Packaging
• Berry Global
• Cedo Ltd.
• DowDupont
• Harwal Group
• Intertape Polymer Group
• MolcoGmbh
• Multi Wrap

The COVID-19 pandemic first began in Wuhan (China) in December 2019, and since then, it has spread around the globe at a fast pace. USA, Brazil, Russia, India, UK and Spain are among the most affected countries in terms of confirmed cases and reported deaths as of April 2020. COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Chemicals and materials is one of the major industries suffering serious disruptions such as supply chain breaks and disturbed manufacturing due to lockdown and office shutdowns. The lockdown of various plants and factories in leading regions such as North America is affecting the global supply chains and negatively impacting the manufacturing, delivery schedules, and sales of chemicals and materials.

Cling Films Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America.

Ready to eat food is considered as the closest alternative to regular food items and homemade food, and can be consumed at any hour of the day. Millennial population spends a high share of their income on convenient ready to eat food. An increase in urbanization in developing economies and adoption of on the go consumption habits among consumers, as a result of their fast-paced lifestyle, has been boosting the demand for packaged and ready to eat foods. Moreover, an increase in the number of single-person households has also augmented the demand. Cling films play a vital role in the preservation of packaged or ready to eat food as well as protecting it from the environmental contaminants. Cling films, helps retain the freshness of the packaged food items to extended period. The smooth surfaces of cling films adjust themselves and remain tightly fixed over the opening of the container of packaged food, without the use of any adhesives. Cling films also help keep the ready to eat food or packaged food articles moist inside the refrigerator, alongside retaining its flavor or taste. This also leads to the reduction of the wastage of ready to eat food. Further, the films help tag information related to food, and ease the logistics as well as distribution process, and enhance the microwave ability and visibility into the food items. Thus, there is high acceptance among manufacturers, leading restaurants, and food & beverage stores toward the use of cling films.

Key question and answered in the report include:
• What will the market size and the growth rate be in 2027?
• What are the key factors driving the Cling Films Market?
• What are the key market trends impacting the growth of the Cling Films Market?
• What are the challenges to market growth?
• Who are the key North vendors in the Cling Films Market?
• What are the market opportunities and threats faced by the vendors in the Cling Films Market?

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About The Insight Partners:

Pune,India

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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