Cling Films Market Analysis Report 2019 to 2027
Cling Films Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 5.48 Billion |
Market Size by 2031 | US$ 8.22 Billion |
Global CAGR (2023 - 2031) | 5.2% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Material Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Cling Films Market News and Recent Developments
The cling films market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the market are listed below:
- Berry Global launched a new version of its Omni Xtra polyethylene cling film for fresh food applications. It provides a high-performance alternative to traditional polyvinyl chloride (PVC) cling films. While Omni Xtra is an established solution for the packaging of meat and poultry, fruit and vegetables, and deli and bakery products, the new Omni Xtra+ film has improved elasticity, uniform stretching behavior, and improved impact resistance. It also offers users significant sustainability benefits, including compliance with the anticipated requirements of the forthcoming EU Packaging and Packaging Waste Regulations (PPWR) and Extended Producer Responsibility (EPR). (Source: Berry Global Inc, Press Release, November 2023)
- Berry Global Group, Inc. announced the acquisition of F&S Tool, a specialized provider of high output, high-efficiency hot runner injection and high-volume compression molding applications. F&S Tool operates a 90,000 square foot facility located in Erie, Pennsylvania, with 11 issued/pending patents and 105 dedicated employees focused on disruptive technologies to serve a broad spectrum of plastics manufacturers. This acquisition will further enhance Berry’s global tooling capability and bring proprietary technologies in the closures and bottles space, specifically targeting high-end growth markets. (Source: Berry Global Inc, Press Release, April 2024)
Cling Films Market Report Coverage and Deliverables
The “Cling Films Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Cling films market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Cling films market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed Porter’s Five Forces and SWOT analysis
- Cling films market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the cling films market
- Detailed company profiles