The global PVDC coated film market is estimated to capture a valuation of US$ 9.6 billion in 2023 to reach up to US$ 13.1 billion by 2033. The global market is likely to register a CAGR of 3.1% during the forecast period.
PVDC coated films are known for their excellent barrier properties against moisture, oxygen, and other gases, making them ideal for food packaging, pharmaceuticals, and industrial applications. The growing focus on extending shelf life, enhancing product safety, and reducing food waste amplifies the demand for PVDC coated films. Moreover, stringent regulations promoting sustainable and recyclable packaging solutions are influencing market dynamics, encouraging innovation in eco-friendly PVDC alternatives.
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The Asia-Pacific region is expected to witness significant growth in the PVDC coated film market, driven by rapid industrialization, urbanization, and increasing disposable incomes. Key players are focusing on product development, strategic partnerships, and geographical expansions to capitalize on emerging opportunities and meet evolving consumer preferences for high-performance packaging solutions.
“The packaging industry is maintaining its standards by offering high-quality packaging solutions to end users. They are protecting the environment through their advanced technologies to recycle and reuse packaging products with advanced material usage,” says an FMI Analyst.
Key Takeaways:
- The PVDC coated film marketis registering a CAGR of 3.1% between 2023 to 2033.
- The United States is expected to register a CAGR of 2.2% by dominating the global market by 2033.
- Canada is anticipated to capture a CAGR of 3.3% of the global market by 2033.
- India is anticipated to register a CAGR of 5.9% in the global market by 2033.
- China significantly drives the global market with a CAGR of 5.4%.
- With a CAGR of 4.8%, Thailand is rapidly advancing in the global market.
- The food sector is estimated to lead the global market during the forecast period.
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Key Players are Bringing Lucrative Opportunities in the PVDC Coated Film Market
The global market is highly fragmented by numerous prominent players investing heavily in research and development. They are offering cost-effective and versatile products to their consumers to gain popularity in the market.
Key players are uplifting the global market through various marketing methodologies such as mergers, collaborations, product launches, agreements, and partnerships.
Key Segments in the Global PVDC Coated Film Market
By Substrate Material:
- Polyethylene (PE)
- Polyethylene Terephthalate (PET)
- Polyvinylchloride (PVC)
- Polypropylene (PP)
- Polyamide (PA)
By Application:
- Laminates
- Wraps
- Lidding Films
- Pouches & Bags
- Blisters
By End Use:
- Food
- Fruits & Vegetables
- Meat, Poultry & Seafood
- Bakery & Confectionery
- Ready-to-Eat
- Dairy Products
- Healthcare & Pharmaceuticals
- Cosmetics & Personal Care
- Others
By Region:
- North America
- Latin America
- Eastern Europe
- Western Europe
- Asia Pacific excl. Japan
- Japan
- The Middle East and Africa (MEA)
About Future Market Insights Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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