Polyvinylidene Chloride (PVDC) Coated Films Market Size (2024 - 2029)

The Polyvinylidene Chloride Coated Films Market is projected to experience steady growth over the forecast period, driven by the expanding processed food industry and the rising demand for these films in food packaging. Despite challenges posed by the availability of substitutes, the market is anticipated to benefit from advancements in recycling technologies for PVDC film structures, presenting significant opportunities for expansion. The Asia-Pacific region is expected to lead in market consumption, with substantial contributions from countries such as China, Japan, and India.

Market Size of Polyvinylidene Chloride (PVDC) Coated Films Industry

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Polyvinylidene Chloride (PVDC) Coated Films Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 1.54 Billion
Market Size (2029) USD 1.78 Billion
CAGR (2024 - 2029) 3.04 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific

Major Players

Polyvinylidene Chloride (PVDC) Coated Films Market Major Players

*Disclaimer: Major Players sorted in no particular order

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PVDC Coated Films Market Analysis

The Polyvinylidene Chloride Coated Films Market size is estimated at USD 1.54 billion in 2024, and is expected to reach USD 1.78 billion by 2029, growing at a CAGR of 3.04% during the forecast period (2024-2029).

In 2020, COVID-19 had a detrimental effect on the market. However, the market has now been estimated to have reached pre-pandemic levels and is expected to grow steadily in the future.

  • The major factors driving the market studied are the growing processed food industry and the increasing demand for PVDC-coated films in food packaging.
  • On the other hand, the availability of substitutes is expected to hinder the growth of the market during the forecast period.
  • Developing new technologies to recycle film structures involving PVDC is expected to offer various lucrative opportunities for market growth.
  • Asia-Pacific is expected to dominate the global market, with the largest consumption coming from China, Japan, and India.

PVDC Coated Films Industry Segmentation

PVDC-coated films are obtained by coating OPP or other types of base film with a very thin layer of PVDC. It is widely used as a packaging material that provides moisture-proofing and gas-barrier properties in addition to the properties of the base film. Low dependency on the oxygen barrier property on humidity, moisture-barrier property, and excellent aroma-retaining properties further increase its market concentration for the food industry. The polyvinylidene chloride market is segmented by film substrate type, application, and geography. By film substrate type, the market is segmented into bi-axially oriented polypropylene (BOPP), polyethylene terephthalate (PET), polyvinyl chloride (PVC), and other film substrate types. By application, the market is segmented into food packaging and pharmaceutical blister packaging. The report also covers the market size and forecasts for the market in 15 countries across the globe. For each segment, the market sizing and forecasts have been done on the basis of revenue (USD million).

Film Substrate Type
Bi-axially Oriented Polypropylene (BOPP)
Polyethylene Terephthalate (PET)
Polyvinyl Chloride (PVC)
Other Film Substrate Types
Application
Food Packaging
Pharmaceutical Blister Packaging
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Polyvinylidene Chloride (PVDC) Coated Films Market Size Summary

The PVDC coated films market is poised for steady growth, driven primarily by the expanding processed food industry and the increasing demand for these films in food packaging applications. PVDC-coated films are favored for their superior properties, including high chemical resistance, inertness, and excellent barrier qualities against oxygen and moisture, making them ideal for preserving food quality and safety. The market is experiencing a resurgence post-COVID-19, reaching pre-pandemic levels and is expected to continue its upward trajectory. However, the presence of substitutes poses a challenge to market expansion. Innovations in recycling technologies for PVDC film structures present promising opportunities for further market development.

Asia-Pacific is anticipated to lead the global PVDC coated films market, with significant consumption from China, Japan, and India. The region's dominance is attributed to the robust growth of the packaging industry, particularly in China, where the demand for innovative and flexible packaging solutions is on the rise. This growth is further supported by the increasing e-commerce activities in Japan and the expanding packaging sector in India. The fragmented nature of the market sees key players like Innovia Films, KUREHA CORPORATION, and UNITIKA LTD actively participating in market dynamics, with strategic expansions and acquisitions enhancing their product offerings and market reach.

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Polyvinylidene Chloride (PVDC) Coated Films Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Processed Food Industry

      2. 1.1.2 Usage Of PVDC Coated Films In Fresh Meat Packaging

    2. 1.2 Restraints

      1. 1.2.1 Availability of Substitutes

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Value)

    1. 2.1 Film Substrate Type

      1. 2.1.1 Bi-axially Oriented Polypropylene (BOPP)

      2. 2.1.2 Polyethylene Terephthalate (PET)

      3. 2.1.3 Polyvinyl Chloride (PVC)

      4. 2.1.4 Other Film Substrate Types

    2. 2.2 Application

      1. 2.2.1 Food Packaging

      2. 2.2.2 Pharmaceutical Blister Packaging

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 France

        4. 2.3.3.4 Italy

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle-East and Africa

Polyvinylidene Chloride (PVDC) Coated Films Market Size FAQs

The Polyvinylidene Chloride (PVDC) Coated Films Market size is expected to reach USD 1.54 billion in 2024 and grow at a CAGR of 3.04% to reach USD 1.78 billion by 2029.

In 2024, the Polyvinylidene Chloride (PVDC) Coated Films Market size is expected to reach USD 1.54 billion.

PVDC Coated Films Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)