Cling Film Market Share

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 account for largest revenue share by 2037, 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.