PVC Cling Film Market Industry Growth Analysis, Dominant Sectors with Regional Analysis and Competitive Landscape till [2022 to 2029]


Posted July 6, 2023 by nirankammr

PVC Cling Film Market was valued at US$ 761.62 Mn. in 2021 and the total PVC Cling Film revenue is expected to grow at 4.9% from 2022 to 2029, reaching nearly US$ 1116.71 Mn.

 
PVC Cling Film Market Overview:

The PVC Cling Film market study gives a complete picture of the competition, including the market share and company profiles of the key competitors in the global industry. The scope of the research includes a thorough investigation of the PVC Cling Film Market, as well as the reasons for variations in the industry's growth in various locations.

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Market Scope:

Top-down and bottom-up approaches are used to validate the market size and to estimate the market size by different segments. The market estimations in the report are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and breakdowns of the segments are derived based on weights assigned to each of the segments on their utilization rate and average sale price. The country-wise splits of the overall market and its sub-segments are based on the percentage adoption or utilization of the given market Size in the respective region or country.

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Segmentation:

by Type

1. Machine Films
2. Manual or Handheld Films

by Thickness

1. Upto 10 microns
2. 10 to 15 microns
3. 15-20 microns
4. Above 20 microns

by Sales Channel

1. Direct Sales
2. Indirect Sales

by End-Use

1. Dairy Products
2. Fruits & Vegetables
3. Bakery & Confectionary
4. Meat, Poultry, and Seafood
5. Cosmetics & Healthcare Products
6. Consumer Goods & Household
7. Food Service Outlets
8. Other

The food service outlet segment is anticipated to expand at a CAGR of 5.3% over the course of the projection period, according to end-use. The packaging and processed food production industries have expanded as a result of shifting consumer lifestyles and food preferences, which is anticipated to fuel demand for PVC cling films. Additionally, it is anticipated that the business will develop as a result of the rising takeaway food consumption, particularly among young people.

Key Players:

Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, CEOs, and marketing executives. The percentage splits, market shares, growth rate, and breakdowns of the global markets are determined by using secondary sources and verified through the primary sources. The biggest players in the PVC Cling Film market are as follows:

Key Players in the PVC Cling Film Market are:

1. Berry Global
2. Mitsubishi Chemical Holdings Corp
3. Klöckner Pentaplast Group
4. Reynolds Group Holding Limited.
5. Sigma Stretch Film Corp.
6. Intertape Polymer Group Inc.
7. Harwal Group
8. POLIFILM GmbH
9. Anchor Packaging Inc.
10. Integrated Packaging Group
11. Thong Guan Industries Berhad
12. CeDo Ltd.
13. Fine Vantage Limited
14. Wrapex Limited
15. Tronoplast Technologies Inc.
16. Multi Wrap (PTY) LTD
17. BENKAI Co., Ltd.
18. Statpack Industries Ltd.
19. Adex S.r.l.
20. ITS B.V.

Regional Analysis:

Individual market influencing elements and changes in market laws that influence present and future market trends are also included in the geographical overview of the PVC Cling Film market study. Current and future trends are examined in order to assess the entire market potential and uncover profitable trends in order to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.

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COVID-19 Impact Analysis on PVC Cling Film Market:

Due to a break in operations, end-user sectors where PVC Cling Film are used had a decline in growth from January to May in various countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India. This resulted in a large drop in the revenues of firms operating in these industries and, as a consequence, in demand for PVC Cling Film manufacturers, affecting the development of the PVC Cling Film market in 2020. End-user business demand for PVC Cling Film has dropped considerably as a result of lockdowns and a rise in COVID-19 incidents throughout the world.

Key Questions Answered in the PVC Cling Film Market Report are:

Which segment had the largest share in the PVC Cling Film market in 2021?
What is the competitive landscape of the PVC Cling Film market?
Which are the key drivers aiding the PVC Cling Film market growth?
Which region has the maximum share in the PVC Cling Film market?
What will be the CAGR of the PVC Cling Film market during the forecast period (2022-2027)?
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Issued By MMR
Country India
Categories Affiliate Program , Blogging , Business
Tags pvc cling film market size , pvc cling film market share , pvc cling film market analysis
Last Updated July 6, 2023