Press release
Cling Films Market Outlook: Valued at $32.4 Billion in 2023, Projected to Grow to $39.7 Billion by 2030 with a 3.0% CAGR
Anticipated Growth in Revenue:Cling Films Market size was valued at US$ 32.4 Bn. in 2023 and the total revenue is expected to grow at 3.0% through 2024 to 2030, reaching nearly US$ 39.7 Bn. by 2030.
Cling Films Market Overview:
Cling film is a transparent sheet that adheres to it and other smooth surfaces. It is manufactured using polyethene, polyvinylidene chloride (PVC), and polypropylene biaxially oriented polyvinylidene dichloride (PVDC). It is commonly found in various cast and blow cling and is used to pack edible and inedible items. It is largely used to keep flowers fresh, close and secure food, and prevent the burning of refrigerators and row shelves.
Cling films have high light, good strength, heat resistance and adhesive properties. Compared to traditional shrinking films, cling films are flexible and can wrap many products together. As a result, they are used in all industries, such as food and beverage, health care, and packaging.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ฎ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/Cling-Films-Market/923
What are Cling Films Market Dynamics?
The food industry adopts natural films based on polymer for incorporating foods, including protein-based films and films from cellulose and their derivatives. Protein-based dietary films provide alternative packaging sources that can be used for a balanced diet to reduce food loss, reduce oxygen absorption, reduce lipid migration, improve mechanical management properties and provide physical protection for food, therefore, it cling films market is expected to grow.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐๐ซ๐:https://www.stellarmr.com/report/req_sample/Cling-Films-Market/923
What is Cling Films Market Regional Insight?
North America dominates the Cling Films market with more than 34%, followed by Europe and the Asia Pacific. Alone, the US market predicts a 4.4% growth rate for 2024-2030 and is projected to hold a market share of 81.2% by 2023 in the North American market. The US contributes significantly to North America in the production of food packaging; therefore, the country is expected to become the major driving factor for the growth of the cling films market in the forecasted period.
As the food industry multiplies in the Asia Pacific region due to the changing health of consumers, increasing government efforts and raising awareness of personal health and hygiene support the growth of the cling film market. Growth in the cling films market is expected due to economic development, lower labour costs, and lower producer set costs.
What is Cling Films Market Segmentation?
By End User
Food
Healthcare
Consumer Goods
Industrial
By Type
Polyethene
Biaxially Oriented Polypropylene
PVC
PVDC
By Foam
Cast Cling
Blow Cling
๐ ๐๐๐ ๐๐๐ญ ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! https://www.stellarmr.com/report/req_sample/Cling-Films-Market/923
Some of the current players in the Cling Films Market are:
Berry Global Group, Inc. (US)
Intertape Polymer Group (Canada)
Gruppo Fabbri Vignola S.p.A (Itlay)
Kalan SAS (France)
Fine Vantage Limited (Hong Kong)
Rotofresh - Rotochef s.r.l. (Italy)
Manuli Stretch S.p.A. (Italy)
Klรถckner Pentaplast Europe GmbH & Co. KG (Luxemborg)
Adex S.r.l. (Italy)
MOLCO GmbH (Germany)
Wrapex Limited (UK)
Multi Wrap (PTY) LTD (South Africa)
Anchor Packaging (US)
Pragya Flexifilm Industries (India)
Key Offerings:
Past Market Size and Competitive Landscape
Cling Films Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Cling Films Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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