The global cling film market is poised for significant growth, with an anticipated surge from US$ 1,291.5 million in 2023 to US$ 2,197.6 million by 2033. A steady rise in demand for cling films is projected, showcasing a Compound Annual Growth Rate (CAGR) of 5.5% over the forecast period.
Key Drivers:
- Features and Versatility: Cling film packaging gains traction due to its durability, versatility, and cost-effectiveness, catering to diverse packaging needs across industries.
- Flexible Packaging Demand: The increasing need for flexible packaging solutions drives the adoption of cling films, particularly in the food, pharmaceutical, and consumer electronics sectors.
- Rise of Packaged Food Products: Escalating demand for packaged food items, including ready-to-eat meals and dairy products, fuels the growth of the cling film market globally.
- Organized Retail Sector Growth: The robust expansion of the organized retail sector contributes to the surge in demand for cling film solutions, particularly in supermarkets and hypermarkets.
- Online Grocery and Food Delivery Services: The rise of online grocery shopping and food delivery services further amplifies the demand for cling film packaging solutions, catering to the convenience-oriented consumer market.
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Who is Winning?
Tier 3 players in the cling film market hold 80-90% of the overall value share. Key players contribute up to 20% of the global demand. Capacity expansion and material innovation strategies will remain important in the coming decade.
Berry Global, Intertape Polymer Group, Gruppo Fabbri Vignola S.p.A, Klockner Pentaplast Europe GmbH & Co. KG, Anchor Packaging, Wrapex Limited, and among others are the prominent players in the global cling film market.
Competitive Landscape
Companies operating in the cling film market are aiming for strategic collaborations and partnerships with other manufacturers to expand their portfolio and production capacity.
- In 2021, Berry global group Inc. announced an investment of more than $70 million in food & beverage, e-commerce and consumer goods sector to support continued growth in consumer packaging films.
- In 2020, Gruppo Fabbri Vignola S.p.A developed a certified compostable cling film that is appropriate for food packaging. The cling film will have an ideal combination of breathability, aesthetics, and mechanical performance and is also suitable for industrial uses.
- Compostic announced the launch of certified home-compostable plastic alternative cling film for consumers in the U.S. through online sales channels in 2021.
Trends Shaping the Cling Film Industry:
- Modified Atmospheric Packaging (MAP) Technology: Growing demand for MAP technology for fresh produce drives innovation in cling film packaging solutions, enhancing food preservation and shelf life.
- Moisture Resistance Requirements: Increased importance of moisture resistance in various industries, including food, pharmaceuticals, and consumer electronics, shapes the development of cling film materials.
- Bio-based Packaging Solutions: Development and popularity of bio-based cling film packaging solutions align with rising sustainability concerns and consumer preferences for eco-friendly alternatives.
- On-the-Go Food Options: Surging demand for on-the-go and convenient food choices stimulates the growth of cling film packaging, facilitating easy and efficient food storage and transportation.
- Antimicrobial Cling Film Rolls: Growing popularity of antimicrobial cling film rolls addresses food safety concerns and enhances hygiene standards in food packaging.
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Growth Opportunities in the Cling Film Industry:
- Biodegradable and Eco-friendly Alternatives: As consumer preferences shift towards sustainability, there is a growing opportunity for the development and market penetration of biodegradable and eco-friendly cling film alternatives, addressing environmental concerns.
- Expansion of Application Scope: Exploring and promoting new applications for cling film, such as in the industrial sector or for specialty packaging needs, can open up new avenues for growth beyond traditional household uses.
- Market Expansion in Developing Regions: Targeting and expanding into emerging markets where disposable income is rising can significantly contribute to the growth of the cling film market, as more consumers adopt convenient packaging solutions.
- Technological Advancements in Material Science: Investing in research and development to create cling film with enhanced properties, such as improved freshness preservation, better heat resistance, or advanced barrier capabilities, can differentiate products and attract a broader customer base.
- Customization and Personalization Trends: Offering customizable and personalized cling film options, such as prints or sizing options tailored to specific customer needs, can tap into the growing consumer demand for unique and aesthetically pleasing packaging solutions.
Innovations in the Cling Film:
- Antimicrobial Cling Films: Introducing cling films with antimicrobial properties to extend the shelf life of packaged goods, prevent contamination, and address consumer concerns regarding food safety.
- Smart Packaging Integration: Integrating smart packaging technologies, such as RFID tags or QR codes, into cling film to provide consumers with real-time information about the freshness, origin, and handling of the packaged products.
- Microwaveable Cling Films: Innovating cling films that are specifically designed for microwave use, ensuring convenience for consumers who want quick and easy meal preparation without compromising on packaging safety.
- Recyclable and Reusable Cling Films: Developing cling films that are not only recyclable but also designed for multiple uses, aligning with the growing trend of reducing single-use plastics and promoting a circular economy.
- Nanotechnology for Improved Performance: Leveraging nanotechnology to enhance the performance of cling films, such as improving clinginess, flexibility, and strength, to meet evolving consumer expectations for high-quality and versatile packaging materials.
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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)
Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
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