Cling Films Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026

Report Code: CMR 93442 Report Format: PDF + Excel
Cling Films Market size is forecast to reach $1.54 billion by 2025, after growing at a CAGR of 5% during 2020-2025. Cling Films industry is projected to augment due to increasing demand for hygienic food packaging. The use of bio based cling films for sustainable food packaging is likely to act as an opportunity for market growth in the future. 

Key Takeaways
  • North America dominates the Cling Films market owing to increasing demand from the food & beverages sector in the region.  
  • Manufacturers are looking forward to produce biodegradable cling films will further augment the Cling Films market during forecast period.  
  • The market drivers and restraints have been assessed to understand their impact over the forecast period. The report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. 
  • The other key areas of focus include the various applications in Cling Films Market and their specific segmented revenue. 

Material Type - Segment Analysis
Polyvinyl Chloride (PVC) held the largest share in the Cling Films market in 2019. Polyvinyl Chloride (PVC) cling film contributes greatly to food health, as it is one of the most commonly used food storage materials. The key benefit of using Polyvinyl Chloride (PVC) cling film is that it forms a bond by sticking to itself or the container without the use of glue, which is cost-effective. By inhibiting the growth of microorganisms it protects meat and dairy products. Polyvinyl Chloride (PVC) cling films also has high and low temperature resistance which allows the product to be fresh for longer periods of time. PVC displays lower energy utilization which in the end cuts down consumption of natural resources by a considerable margin. Besides, PVC used in the automotive industry creates the vehicles lighter associated to traditional materials such as metal which also lower down the consumption of energy. In addition to that the cables for charging electric vehicle is coated by PVC and is suitable for usage in warmer environment. These cables delivers a high level of flexibility and performance. Furthermore, advancement in PVC cling films will further augment the market. The new PVC stretch film uses a plasticizer which is based primarily on plant source materials.

Form – Segment Analysis
Cast Cling Film held the largest share in the Cling Films market in 2019. Cast film extrusion equipment and add value by consistently reducing scrap and improving processing rates. Cling films are thin PVC films, which stay flexible at very low temperature and offer strong tear resistance with the help of plasticizers. They offer high level of tear resistance and clarity. Additionally cast cling film cost much less than other cling films. Cast cling films can save more than 15% to 20% thereby reducing the per unit packing cost and get more output per application. The cast film process is the most efficient method of producing stretch wrap film of top quality in the high output range. Innovative information technologies and the creation of new core components for cast cling film lines like high-speed extruders and new types of winders allow our customers to position themselves in the highly competitive cling film market with success. 

End Use – Segment Analysis
Food Industry held the largest share in the cling films market in 2019 growing at CAGR of 8.4%. Cling films are suitable for all food packaging as it offers excellent glossiness and fog resistance property. In food industry, PVC cling films are prominent film material for wrap as it is thin and stretchable and can adhere to any smooth surface without the need of any adhesives. The demand for cling films has also seen a strong growth from the healthcare industry. With the rising healthcare investment, the country's demand for cling films is likely to gain in the coming years. Health and wellbeing also drives many food trends. Fiber is seeing a revival with Innova finding that 44 per cent of Americans are increasing their fiber consumption and a 15 per cent rise in fiber reports last year in new product launches. Consumers are changing their way of thinking on wellness. It's no longer just diet, with people taking a more holistic and insightful look at wellbeing. Consumers want food that will make them feel good whether it's physical, emotional or mental. These trends are shaking up the landscape of companies and innovation. 

Geography - Segment Analysis
North America dominates the Cling Films market with a share of more than 34%, followed by Europe and Asia Pacific. Cling film is a thin plastic film typically used as a wrap for sealing food to keep them fresh over a longer period of time. However, PE cling film type also has attracted market due to its distinctive characteristics. Packaging is playing a responsible role in the food industry. Packaging that doesn’t affect the taste of the contents is extremely important to the food industry. One technological trend meat manufacturers in U.S. are finding exciting is a product with a film that opens during cooking which allows the meat to brown after a pre-determined period of time. In U.S., snack food manufacturers are using biodegradable and recycled materials for packaging, meat and related product manufacturers are using active packaging to sense when meat is past its expiration.  The U.S. is seeing rapid growth in R&D for advance food packaging from research institute to cater the food industry. Industries which help meet critical needs, such as getting food and needing healthy supplies to consumers, are becoming increasingly affected due to COVID-19 pandemic. With food packaging being the main area of operation for the packaging industry, the worldwide $900 billion sector is on the front lines every year. The coronavirus outbreak has already led to some of the sharpest declines in demand for some forms of packaging in recent years, while accelerating growth for others including packaging for e-commerce shipments that are emerging as lifelines in this new world.  

Drivers – Cling Films Market

  • Natural polymer based cling films will drive the Cling Films market:
Food industry is adopting natural polymer based cling films for food packaging which include: protein based edible films, and films from cellulose and its derivatives. Protein-based edible films provide alternate packaging sources that can be used for flexible food items to reduce the loss of food moisture, limit oxygen absorption, minimize lipid migration, improve mechanical handling properties and provide physical security for food.

Challenges – Cling Films Market

  • Stringent Regulations on plastic films can restrict the market
Polymers effect on the environment serves as a repulsive force on the plastic films market. Every year only 10% plastic is recycled out of total generated on the globe. This has contributed to strict rules against the use of plastic films by different regulatory bodies, in particular for single-use plastic films.

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Cling Films market. In 2019, the market of Cling Films has been consolidated by the top five players accounting for xx% of the share. Major players in the Berry Global Inc., Anchor Packaging Inc., Intertape Polymer Group, 3M, and ITS B.V, and others. 

Acquisitions/Technology Launches
  • In February 2020, Novamont launched biodegradable and compostable MATER-BI bioplastic cling films for food packaging. MATER-BI bioplastic cling film for the packaging of fresh produce can be used with most packaging machines. 
  • In February 2020, BASF and Fabbri Group launched certified compostable ecovio cling film used in fresh-food packaging. Compostable cling film combines optimal breathability for an extended shelf life of fresh food with high transparency and excellent mechanical properties for automatic packaging.

1. Cling Films Market - Overview
        1.1 Definitions and Scope
2. Cling Films Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Cling Films Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Cling Films Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Cling Films Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Cling Films Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Cling Films Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Cling Films Market - By Material Type (Market Size -$Million / $Billion)
        8.1 Polyethylene
            8.1.1 LDPE
    8.1.2 LLDPE
    8.1.3 HDPE
        8.2 Biaxially Oriented PolyPropylene
        8.3 PVC
8.4 PVDC
9. Cling Films Market - By Type (Market Size -$Million / $Billion)
        9.1 Cling Films Market, By Form
            9.1.1 Cast Cling Film
    9.1.2 Blow Cling Film
9.2 Cling Films Market, By Thickness
    9.2.1 Up to 9 Microns
    9.2.2 9-12 Microns
    9.2.3 Above 12 Microns
10. Cling Films - By End-user Industry (Market Size -$Million / $Billion)
        10.1 Food
            10.1.1 Fruits and Vegetables
    10.1.2 Ready to Eat foods
    10.1.3 Poultry
    10.1.4 Baked Foods
    10.1.5 Meat
    10.1.6 Seafood
    10.1.7 Dairy Products
        10.2 Healthcare
        10.3 Consumer Goods
10.4 Industrial
11. Cling Films- By Geography (Market Size -$Million / $Billion)
        11.1 Cling Films Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Cling Films- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Cling Films- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Cling Films - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Cling Films - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Cling Films Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Cling Films Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Cling Films Market - Key Company List by Country Premium
15. Cling Films Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Adex-Cling
        15.3 Aep Industry Inc
        15.4 Anchor Packaging
        15.5 Benkai Co , Ltd
        15.6 Berry Inc
        15.7 Bfg Packaging
        15.8 Cedo Ltd
        15.9 Dowdupont
        15.10 Fine Vantage Limited
        15.11 Gruppo Fabbri Vignola S P A
        15.12 Harwal Group
        15.13 Intertape Polymer Group Inc
        15.14 It B V
        15.15 Kalan-P A
        15.16 Linpac Packaging Limited
        15.17 Manuli Stretch S.P.A
        15.18 Molco Gmbh
        15.19 Multi Wrap Ltd
        15.20 Pragya Flexifilm Industry
        15.21 Rotofresh-Rotochef S R L
        15.22 Wrapex Ltd
        15.23 Company 22
        15.24 Company 23 & More
*Financials would be provided on a best efforts basis for private companies
16. Cling Films Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Cling Films Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends