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Lucintel Forecasts The Global Cling Film Market To Reach $2 Billion By 2030
According to a market report by Lucintel, the future of the global cling film market looks promising with opportunities in the food, healthcare, consumer goods, and industrial markets. The global cling film market is expected to reach an estimated $2 billion by 2030 from $1 billion in 2024 at a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are rising interest in hygienic food packaging, growing utilization of bio-based cling films, and escalating necessity of minimizing food spoilage.
A more than 150-page report to understand trends, opportunity and forecast in global cling film market to 2030 by material type (polyethylene, biaxially oriented polypropylene, polyvinyl chloride (PVC), polyvinylidene chloride (PVDC), and others), form (cast cling film and blow cling film), end use (food, healthcare, consumer goods, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that polyvinyl chloride will remain the largest segment over the forecast period due to its significant usage as food storage materials to maintain food health.
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... Within this market, food will remain the largest segment due to increasing use of cling film in this sector to enhance foods shelf life and keep it fresh for longer periods of time, which will cut down on food waste.
Download sample by clicking on cling film market.
North America will remain the largest region over the forecast period due to rising demand for ready-to-eat food products and existence of major packaging manufacturers in the region.
3M, ADEX, Alliance Plastics, All American Poly, Amcor, Anchor Packaging, Berry Global, Deriblok, HIPAC, Inteplast are the major suppliers in the cling film market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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