Cling Film Market Size, Share, Growth, Trends, and Forecast, 2030

Cling Film Industry Prospective:

The global cling film market size was evaluated at $10.31 billion in 2022 and is slated to hit $15.71 billion by the end of 2030 with a CAGR of nearly 4.65% between 2023 and 2030.

Request Free Sample

Cling Film Market: Overview

Cling films are mainly used for packaging food items for avoiding insect contamination as well as microbe contamination. Furthermore, these products help in enhancing the shelf life of foods and try to retain its vitality for elongated periods, thereby reducing food wastage. For the record, natural polymer-based cling films are used for food packaging and can replace non-biodegradable synthetic polymers.

Key Insights

• As per the analysis shared by our research analyst, the global cling film market is projected to expand annually at the annual growth rate of around 4.65% over the forecast timespan (2023-2030)
• In terms of revenue, the global cling film market size was evaluated at nearly $10.31 billion in 2022 and is expected to reach $15.71 billion by 2030.
• The global cling film market is anticipated to grow rapidly over the forecast timeline owing to escalating demand for packaging in the food & beverages sector.
• In terms of material type, the PVC segment is slated to register the highest CAGR over the analysis period.
• Based on form, the cast cling film segment is expected to dominate the segmental growth over the assessment timeline.
• Based on end-user, the food packaging segment is expected to dominate the segmental growth in the upcoming years.
• Region-wise, the Asia-Pacific cling film industry is projected to register the fastest CAGR during the assessment timeline.

Request Free Sample

Cling Film Market: Growth Factors

Huge popularity of food packaging will drive the global market trends

Escalating demand for packaging in the food & beverages sector has prompted the growth of the cling film market. In addition to this, cling film attaches to the surface and is tear-resistant & flexible. These favorable features are predicted to boost the global market trends. Furthermore, it possesses high tensile strength, transparency, heat resistance, and adhesion, thereby steering the growth of the market across the globe. Product innovations are likely to steer the expansion of the cling film market across the globe. In February 2020, Novamont S.p.A., an Italy-based bio-plastics manufacturer, developed a new cling film made from MATER-BI bioplastic. Such moves are anticipated to boost the global market surge in the years ahead.

Cling Film Market: Restraints

Supply chain disruptions leading to huge raw material prices can obstruct the global industry

Low resistance to extreme temperatures and the probability of damage during transportation can retard the evolution of the global cling film industry. Additionally, supply chain disruptions can further put brakes on the global industry surge.

Cling Film Market: Opportunities

Growing necessity of minimizing food spoilage can create new opportunities for growth for the global market over2023-2030

Need for reducing food wastage and lipid migration along with the huge demand for safeguarding food items will create new growth avenues for the global cling film market.

Cling Film Market: Challenges

Strict government regulations associated with product use in food packaging can restrict the global industry elevation

Strict execution of laws by governments in various countries related to the use of the product in food packaging has posed a big challenge to the expansion of the global cling film industry.

Cling Film Market: Segmentation

The global cling film market is sectored into material type, form, end-user, and region.        

In material type terms, the global cling film market is segregated into polyethylene, PVDC, biaxially oriented polypropylene, and PVC segments. Furthermore, the PVC segment, which amassed nearly half of the global market revenue in 2022, is projected to record the fastest CAGR in the upcoming years. The growth of the segment during the anticipated timeline can be due to its massive use as food preservative.

Based on the form, the global cling film industry is sectored into cast cling film and blow cling film segments. Moreover, the cast cling film segment, which garnered a major chunk of the global industry share in 2022, is projected to lead the global industry over the projected period. The segmental expansion over the assessment timeline can be subject to the ability of cast cling films in offering strong tear resistance.

Based on the end-user, the cling film market across the globe is divided into food packaging, consumer goods, and healthcare segments. Moreover, the food packaging segment is anticipated to dominate the global market in the years ahead. The segmental elevation over the forecast period can be due to a rise in the use of cling films for packaging processed foods and dairy products.

Cling Film Market: Report Scope

,

Cling Film Market: Regional Insights

North America is predicted to maintain its dominant position in the global cling film market over the analysis period

North America, which contributed about 60% of the global cling film market revenue in 2022, will be a dominating region over the projected timeline. Additionally, the regional market expansion can be subject to an increase in the manufacture of food packaging products in countries such as the U.S. Presence of giant packaging manufacturers in the country will further prop up the regional industry growth.

Asia Pacific Cling Film industry is set to register the fastest CAGR in the upcoming years owing to a reduction in product costs along with a rise in productivity in countries such as India and China. Apart from this, the rise in the product demand in small & large food packaging firms will further contribute to the regional industry size.

Cling Film Market: Competitive Space

The global cling film market profiles key players such as:

• Berry Global Group Inc.
• Manuli Stretch S.p.A.
• Wrapex Limited
• The 3M Company
• Rotofresh - Rotochef s.r.l.
• Adex S.r.l.
• Pragya Flexifilm Industries
• Intertape Polymer Group
• Kalan SAS
• MOLCO GmbH
• Multi Wrap (PTY) LTD
• Fine Vantage Limited
• Gruppo Fabbri Vignola S.p.A.
• Anchor Packaging
• Klöckner Pentaplast Europe GmbH & Co. KG.

The global cling film market is segmented as follows:

By Form

• Cast Cling Film
• Blow Cling Film

By Material Type

• Polyethylene
• PVDC
• Biaxially Oriented Polypropylene
• PVC

By End-User

• Food Packaging
• Consumer Goods
• Healthcare

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa