Cling Films Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 11.34 Billion |
| Market Size (2029) | USD 14.04 Billion |
| CAGR (2024 - 2029) | 4.35 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Cling Films Market Analysis
The Cling Films Market size is estimated at USD 11.34 billion in 2024, and is expected to reach USD 14.04 billion by 2029, growing at a CAGR of 4.35% during the forecast period (2024-2029).
COVID-19 negatively impacted the market in 2020 due to the global lockdowns and strict rules that forced several sectors to close their manufacturing hubs. However, the market was estimated to reach pre-pandemic levels and was expected to grow steadily.
The preference for hygienic food packaging and packaged food will boost demand during the forecast period. The increasing demand from healthcare sector is also expected to drive the market growth.
However, low resistance to extreme weather conditions and rising global regulations on cling film usage are anticipated to restrain the market growth.
The application of bio-based cling films for sustainable food packaging is expected to act as an opportunity for market growth in the future.
The Asia-Pacific region is anticipated to witness the highest growth rate during the forecast period.
Cling Films Market Trends
Food Segment to Dominate the Market
- Cling films are primarily used in the packaging of food products to prevent contamination by insects or other microbial contamination. Additionally, using cling films helps improve the shelf life of the food and keeps it fresh for longer durations, thus effectively reducing food waste.
- Natural polymer-based cling films for food packaging can replace non-biodegradable petroleum-based synthetic polymers at a low cost, producing a positive, environmental, and economic effect.
- China is one of the largest consumers of food and beverages, with the food processing industry continuing to expand, given the growing population and rising demand for healthy and tasty packaged foods. Some of the popular food products in the country include bakery products, beverages, and other nutritious food items, among others.
- The food industry in the United States is one of the largest in the world. The demand for the studied market in North America mainly comes from the United States. Furthermore, in the United States, the growing food market is boosting the market in the country.
- With its growing popularity, India is set to dominate the global packaged food market by 2025 due to the expansion of the country’s economy and changes in people’s lifestyles. India currently operates as the world’s second-largest food producer, thus reflecting significant growth opportunities for the market studied.
- In recent years, packaged and ready-to-eat foods have become increasingly popular, especially among urban consumers. Due to the fast pace of life in big cities, consumers prefer cooked meals in their regular diet. Rapidly rising incomes, living standards, and convenience are the reasons for the increased use of packaged foods in urban areas.
- One of the largest global industries, the food processing sector, produces approximately USD 7 trillion annually. Due to globalization, foods previously available locally are now accessible worldwide. People are also becoming more aware of the wide range of foods that are available on a worldwide scale. By 2030, a 7.6% annual growth rate in the global food processing market is expected.
- The food and beverage industry is the EU's largest manufacturing sector in terms of employment and value-added. The EU boasts a sizeable trade surplus in the food trade, and EU specialties are highly valued abroad. Over the past decade, EU food and beverage exports have doubled to reach more than EUR 90 billion (~USD 95 billion), contributing to a surplus of around EUR 30 billion (~USD 32 billion).
- According to the FoodDrink Europe report published in December 2022, the EU food and beverage industry employs 4.6 million people, has a turnover of EUR 1.1 trillion (~USD 1.2 trillion), and a value-added of EUR 230 billion (~USD 244 billion), making it one of the largest processing industries in the EU. At the same time, the European Union is the world's largest exporter of food and beverage, with exports outside the European Union of EUR 156 billion (~USD 165 billion) and a trade surplus of EUR 73 billion (~USD 77 billion).
- Thus, the abovementioned factors are likely to influence the demand for fumed silica in food and beverage applications during the forecast period.
Asia-Pacific Region to Witness High Market Growth
Asia-Pacific is likely to witness the high growth demand for cling films, owing to their increasing usage in the food packaging, healthcare, and consumer goods sector of emerging economies, including China, India, and Japan.
One of the world's largest food industries is found in China. The country's food market is expanding mostly due to the expanding population and average per capita consumption. The total profit of the Chinese food business was approximately CNY 618.7 billion (~USD 95.9 billion) in 2021, down from CNY 621 billion (~USD 90 billion) the year before, according to the National Bureau of Statistics of China. Also, food manufacturing contributed almost CNY 165.4 billion (~USD 25.6 billion) to the overall profits.
The India Brand Equity Foundation further stated that by 2025, India's processed food sector is anticipated to reach USD 470 billion. According to the Union Budget for FY 2022-23, the Department of Food and Public Distribution has received a budget of INR 215,960 crore (USD 27.82 billion) considering the expanding food and beverage sector.
According to the National Bureau of Statistics of China, the total retail sales of China's consumer goods industry in 2022 amounted to around CNY 44 trillion (~USD 6.5 trillion) from CNY 44.1 trillion (~USD 6.8 trillion) in 2021. Furthermore, Retail sales in China's cities totaled CNY 38 trillion (~USD 5.6 trillion), while sales in rural China totaled CNY 5.9 trillion (~USD 877 billion) in 2022.
In the global pharmaceuticals sector, India is a prominent and expanding player. India is one of the world's major suppliers of generic medicines, accounting for 20% of the global supply by volume. Indian drugs are exported to more than 200 countries, with the United States being the key market. Furthermore, India's generic drugs satisfy 40% of the generic drug demand of the United States and 30% of the United Kingdom. The domestic drug manufacturers consist of a chain of around 10,500 companies.
Furthermore, according to the Ministry of Finance of the People's Republic of China, total public expenditure on health care and hygiene increased by about 17% in 2022 compared to 2021, amounting to about CNY 2.25 trillion (~USD 0.33 trillion).
Hence, for the above reasons, the Asia-Pacific region is anticipated to dominate the market studied during the forecast period.
Cling Films Industry Overview
The Cling Films Market is fragmented in nature. Some of the major players in the market (not in any particular order) include Berry Global Inc., Amcor plc, Sigma Plastics Group, Reynolds Consumer Products, and Jindal Poly Films Limited, among others.
Cling Films Market Leaders
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Berry Global Inc.
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Amcor plc
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Sigma Plastics Group
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Jindal Poly Films Limited
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Reynolds Consumer Products
*Disclaimer: Major Players sorted in no particular order
Cling Films Market News
- February 2023: Berry Global Group Inc. launched a next-generation version of its proven stretch hood film with a minimum of 30% recycled plastic content. This will help the company to support businesses in achieving sustainability objectives as well as meeting the requirements of current and forthcoming United Kingdom and European plastics packaging legislation.
- January 2023: Amcor plc announced the introduction of its new PrimeSeal and DairySeal Recycle-Ready Thermoforming Films for meat and dairy, which provide outstanding packaging performance and enhanced packaging circularity. The novel packaging is heat resistant up to 90 °C and is made with low Ethylene-Vinyl Alcohol Copolymer (EVOH) content without reducing the shelf-life of perishable items. It is appropriate for fresh and processed meat and fish, as well as hard cheese.
Cling Films Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Drivers
4.1.1 Growing Food Industry and Increasing Demand For Food Packaging
4.1.2 Increase in Demand from the Healthcare Sector
4.2 Restraints
4.2.1 Low Resistance to Extreme Weather Conditions
4.2.2 Rising Global Regulations on its Usage
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. MARKET SEGMENTATION (Market Size in Value)
5.1 Material Type
5.1.1 Polyethylene
5.1.2 Biaxially Oriented Polypropylene
5.1.3 Polyvinyl Chloride
5.1.4 Polyvinylidene Chloride
5.1.5 Other Material Types
5.2 Form
5.2.1 Cast Cling Film
5.2.2 Blow Cling Film
5.3 End-user Industry
5.3.1 Food
5.3.2 Healthcare
5.3.3 Consumer Goods
5.3.4 Industrial
5.3.5 Other End-user Industries
5.4 Geography
5.4.1 Asia-Pacific
5.4.1.1 China
5.4.1.2 India
5.4.1.3 Japan
5.4.1.4 South Korea
5.4.1.5 ASEAN Countries
5.4.1.6 Rest of Asia-Pacific
5.4.2 North America
5.4.2.1 United States
5.4.2.2 Canada
5.4.2.3 Mexico
5.4.3 Europe
5.4.3.1 Germany
5.4.3.2 United Kingdom
5.4.3.3 Italy
5.4.3.4 France
5.4.3.5 Rest of Europe
5.4.4 South America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Rest of South America
5.4.5 Middle-East and Africa
5.4.5.1 Saudi Arabia
5.4.5.2 South Africa
5.4.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 3M
6.4.2 ADEX SRL
6.4.3 Alliance Plastics
6.4.4 All American Poly
6.4.5 Amcor plc
6.4.6 Anchor Packaging LLC
6.4.7 Berry Global Inc.
6.4.8 Deriblok SpA
6.4.9 Hipac SPA
6.4.10 Inteplast Group
6.4.11 Intertape Polymer Group
6.4.12 Jindal Poly Films Limited
6.4.13 Malpack
6.4.14 Mitsubishi Chemical Corporation
6.4.15 Nan Ya Plastics Corporation
6.4.16 Novamont SPA
6.4.17 Paragon Films
6.4.18 Reynolds Consumer Products
6.4.19 Sigma Plastics Group
6.4.20 Technovaa Plastic Industries Pvt. Ltd.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Emerging Applications Of Bio-based Cling Films
Cling Films Industry Segmentation
Cling film (plastic wrap, food wrap, or saran wrap) is a thin, transparent plastic film that adheres to surfaces and to itself and is used for packaging food items. They protect food from insects and microbial contamination, keep it fresh, and minimize the risk of food wastage by increasing its shelf life. Besides food applications, it is used for packaging in healthcare, consumer goods, industrial, and other applications.
The cling films market is segmented by material type (Polyethylene, Biaxially Oriented Polypropylene, Polyvinyl Chloride (PVC), Polyvinylidene Chloride (PVDC), and Other Material Types), form (Cast Cling Film and Blow Cling Film), end-user industry (Food, Healthcare, Consumer Goods, Industrial, and Other End-user Industries), and geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report offers market size and forecasts in terms of revenue (USD) for all the above segments.
| Material Type | |
| Polyethylene | |
| Biaxially Oriented Polypropylene | |
| Polyvinyl Chloride | |
| Polyvinylidene Chloride | |
| Other Material Types |
| Form | |
| Cast Cling Film | |
| Blow Cling Film |
| End-user Industry | |
| Food | |
| Healthcare | |
| Consumer Goods | |
| Industrial | |
| Other End-user Industries |
| Geography | ||||||||
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Cling Films Market Research FAQs
How big is the Cling Films Market?
The Cling Films Market size is expected to reach USD 11.34 billion in 2024 and grow at a CAGR of 4.35% to reach USD 14.04 billion by 2029.
What is the current Cling Films Market size?
In 2024, the Cling Films Market size is expected to reach USD 11.34 billion.
Who are the key players in Cling Films Market?
Berry Global Inc., Amcor plc, Sigma Plastics Group, Jindal Poly Films Limited and Reynolds Consumer Products are the major companies operating in the Cling Films Market.
Which is the fastest growing region in Cling Films Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Cling Films Market?
In 2024, the Europe accounts for the largest market share in Cling Films Market.
What years does this Cling Films Market cover, and what was the market size in 2023?
In 2023, the Cling Films Market size was estimated at USD 10.85 billion. The report covers the Cling Films Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Cling Films Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Cling Films Industry Report
Statistics for the 2024 Cling Films market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Cling Films analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Cling Films Market Report Snapshots
