In 2021, market revenue for cling film is anticipated to grow by 3.0%. The market valuation is anticipated to double between 2021 and 2031, reaching US$ 1.9 billion. According to the most recent study by Future Market Insights (FMI), market sales will continue to increase until 2031 at a compound annual growth rate (CAGR) of 5.0% each year.
The global cling film market size was valued at USD 12.32 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.3% from 2021 to 2028. Cling film, also known as plastic wrap or food wrap, is a thin plastic film that is used to cover food items to preserve freshness and prevent contamination. The increasing demand for packaged food products and the rising awareness about food safety and hygiene are the major factors driving the growth of the market.
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The market is segmented based on material, application, and region. On the basis of material, the market is segmented into PVC, LDPE, and others. PVC is the most widely used material in the production of cling film due to its superior properties such as high transparency, excellent stretchability, and good heat resistance. LDPE is also used in the production of cling film, although to a lesser extent than PVC.
Based on application, the market is segmented into household and commercial. The household segment is expected to dominate the market during the forecast period. This is due to the increasing use of cling film in household kitchens for wrapping food items such as sandwiches, fruits, and vegetables to preserve their freshness. The commercial segment is also expected to grow at a significant rate during the forecast period. This is due to the increasing use of cling film in the food and beverage industry for packaging and preserving food items.
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Regionally, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East and Africa. The Asia Pacific region is expected to dominate the market during the forecast period. The growth in the region is driven by the increasing population, rising disposable income, and growing urbanization. The market in North America and Europe is also expected to grow at a significant rate during the forecast period.
In conclusion, the global cling film market is expected to witness significant growth during the forecast period, driven by the increasing demand for packaged food products and the rising awareness about food safety and hygiene. The market is segmented based on material, application, and region. The Asia Pacific region is expected to dominate the market during the forecast period, followed by North America and Europe. The major players operating in the market include Berry Global Inc., The Dow Chemical Company, S. C. Johnson & Son, Inc., Sealed Air Corporation, AEP Industries Inc., The Clorox Company, Pactiv LLC, Bemis Company, Inc., Intertape Polymer Group Inc., and Amcor Limited.
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Cling Film Market by Category
By Material type:
- Polyethylene
- Low Density Polyethylene (LDPE)
- High Density Polyethylene (HDPE)
- Linear Low Density Polyethylene (LLDPE)
- Bi-axially Oriented Polypropylene (BOPP)
- Polyvinyl Chloride
- Polyvinylidene Chloride
- Others
By Thickness:
- Up to 9 micron
- 9 to 12 micron
- Above 12 micron
By End Use:
- Food
- Meat
- Seafood
- Baked Foods
- Dairy Products
- Fruits & Vegetables
- Ready to Eat Meals
- Others
- Healthcare
- Consumer Goods
- Others
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
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