Cling Film Market size was valued at USD 1.35 billion in 2023 and is expected to exceed USD 2.48 billion by the end of 2036, expanding at over 4.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of cling film is evaluated at USD 1.4 billion.
Market owing to the diverse application of cling film such as food packaging, medical uses and others. Cling film are extensively used in the healthcare sector and pharmaceutical industries as first aid bandages owing to its impermeable surface which avoids any infection or moisture absorption which is estimated to boost the demand for cling film throughout the forecast period. Application of cling film in the food and hospitality industry owing to the ease of packaging food products is also estimated to boost the growth of the market.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
5.2% |
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Base Year Market Size (2023) |
USD 931.4 million |
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Forecast Year Market Size (2036) |
USD 1.8 billion |
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Regional Scope |
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The global cling film market is divided on the basis of material type into PVC, PVDC, polyethylene, biaxially oriented polypropylene (BOPP), and others, out of which, the PVC segment is estimated to hold a substantial share in the market by the end of 2021, owing to the favorable properties of PVC cling film, such as, being microwave safe, easy to handle and are eco-friendly. Despite being thin, PVC film are firm and long-lasting, which is estimated to contribute to the growth of the segment. The market is further bifurcated by form into cast cling film and blown cling film, out of which, the cast cling film segment is projected to hold a generous share in the market throughout the forecast period. Cast cling film are manufactured using the cast extrusion process and offers two-sided cling properties. These are less expensive than blown cling film owing to its reduced manufacturing cost. These film have excellent clarity and allows users to see the wrapped products.
However, severe environmental impact of plastic owing to the growing use of single-use plastics is expected to hamper the growth of the global cling film market. Research from secondary sources states that, annually, over 13 million tons of plastic is dumped into the oceans, which causes depletion of the aquatic ecosystem.
Our in-depth analysis of the global cling film market includes the following segments
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By Material Type |
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By Thickness |
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By Form |
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By End-User |
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North America Market Statistics
On the basis of regional analysis, the global cling film market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
North America industry is expected to dominate majority revenue share by 2036, owing to rising consumer demand for cling film for packaging and various other end-use purposes. Moreover, increasing penetration of packaged foods in nations such as the United States, is raising the need for food packaging materials, which in turn is anticipated to contribute to the market growth in the region. Our analysis from secondary research sources concluded that online packaged food sales in the U.S. valued over USD 14 billion in the year 2020.
APAC Market Analysis
Asia-Pacific cling film market is projected to witness significant CAGR throughout the forecast period owing to the presence of various healthcare companies using cling film for pharmaceutical purposes. Furthermore, increasing investments in the healthcare sector in the region is likely to boost the global cling film market in the region, for instance, according to the data by the World Health Organization, per capita healthcare expenditure in the East Asia and Pacific in 2018 accounted to USD 721.8 (in current US dollars). Moreover, growing adoption of packaged ready-to-eat food is foreseen to raise the demand for cling film in the region.
Author Credits: Abhishek Anil
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