The global PVC cling films market was valued at US$ 659.5 Million in 2018 and is projected to expand at a CAGR of 4.5%, during the forecast period.
PVC cling films are thin polyvinyl films used for packaging of food items to keep them fresh for a longer period of time. PVC cling films are sold in the form of rolls in the market. PVC cling films remain tight over the opening of a container without an adhesive. PVC cling films are easy to handle as well as microwave safe. These films contain no plasticizers so they can be reheated and are therefore environment-friendly. PVC cling films, although thin, are highly durable and solid. Durability an important feature of PVC cling films. If the item is dropped, jostled, moved, or tampered in any way, the PVC cling films would still hold up and protect the item.
PVC cling films are cost-effective as compared to other materials like aluminum wraps & foils. These also help to save space by keeping the items organized by consolidating them together. PVC cling films offer flexible packaging solutions, aimed to boost the shelf-life of the product.
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Growing Preference for Ready-to-Eat Meals Is Escalating the Demand for PVC Cling Films
The global PVC cling films market has witnessed strong growth in the past few years owing to the increasing consumer inclination towards ready-made and convenient food products, primarily due to busier lifestyles. The growing demand for PVC cling films will create immense opportunities for packaging manufacturers to grow along with the market.
On the basis of end use, the global PVC cling films market has been segmented into eight segments that are dairy products, fruits and vegetables, bakery & confectionary, meat, poultry, and seafood, cosmetics & healthcare products, consumer goods & households, food service outlets, and other industrial uses. The fruits & vegetables segment in the global PVC cling films market is expected to heavily dominate the market during the forecast period.
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Global PVC Cling Films Market: Competitive Landscape
The key manufacturers in the PVC cling films market profiled in this report include– Berry Global Inc., Mitsubishi Chemical Holdings Corp., Klöckner Pentaplast Group, Reynolds Group Holding Limited., Sigma Stretch Film Corp., Intertape Polymer Group Inc., Harwal Group, POLIFILM GmbH, Anchor Packaging Inc., Integrated Packaging Group, Thong Guan Industries Berhad, CeDo Ltd., Fine Vantage Limited, Wrapex Limited, Tronoplast Technologies Inc., Multi Wrap (PTY) LTD, BENKAI Co., Ltd., Statpack Industries Ltd., Adex S.r.l. and ITS B.V. Many local and unrecognized players are expected to contribute to the global PVC cling films market during 2018-27.