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. Cling film, typically sold on rolls in boxes with a cutting edge, clings to smooth surfaces and can thus remain tight over the opening of a container without adhesive or other devices.
Cling Film are typically consisting of a thin plastic film used as a wrap for sealing food to keep them fresh over a longer period of time. The most common cling film are PE and PVC.
According to plastic type, it can be classified as PE cling film, PVC cling film, PVDC Cling Film and so on.
PVC cling film are the most commonly one in the cling film market. In 2017, 63.6% cling film are PVC cling film. However, PE cling film type also has attracted market due to its distinctive characteristics.
Global production of cling film increased from 228 in 2013 to 239 in 2017. Production of cling film mainly distributes in North America, Europe and Asia-Pacific. The total three regions contribute 92% output globally.
The raw material used to make cling film are PE, PVC, PVDC and PMP. The price will vary according to the proportion of fiber and matrix.
We tend to believe this industry is a promising industry. However, impacted by the increasing demand and technology restriction, it is estimated that the cling film industry will face more uncertainties. Market participants estimate that global market of cling film will be worthy of 267 K MT in 2023, with the CAGR of 2.3% during the period of 2017 to 2023.
According to this study, over the next five years the Cling Film market will register a 2.1% CAGR in terms of revenue, the global market size will reach US$ 1000 million by 2024, from US$ 890 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Cling Film business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Cling Film market by product type, application, key manufacturers and key regions and countries.
This study considers the Cling Film value and volume generated from the sales of the following segments:
Global Cling Film Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.Cling Film Industry report also provides essential attributes associated with Cling Film market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.
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Global Cling Film Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.Cling Film business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents Cling Film market in-depth outlook by analyzing historical statistics and future prospect.
TOP MOST PLAYERS:
Wrap Film Systems
Market Segment by Type, covers:
Market Segment by Applications, can be divided into:
The prospective of this Cling Film industry study delivers the key industry dynamic with respect to driving & limiting factors with their current and expected impact on market growth. Moreover, Cling Film present market share and future prospects of the segment in terms of has also been explored in this report.
Global Cling Film market report showcases qualitative and quantitative estimation by industry analysts, first-hand data, and assistance from industry experts along with each industry manufacturers by the market valuation. Cling Film report also gives extensive analysis of market share, latest industry trends and forecast data analysis with respect to sales revenue, market growth, and demand and supply scenario.
Conclusively, the Cling Film Market report provides major statistics on the state of the industry also it is considered as an essential source of guidance and direction for businesses and individuals involved in the market.