Cling Film Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0209722
  • Format: Electronic (PDF)
  • Number of Pages: 197
  • Author(s): Joshi, Madhavi

Report Overview

The Cling Film Market size was estimated at USD 5.5 billion in 2023 and is projected to reach USD 9.5 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.00% during the forecast period (2024-2030).

Cling Film Market

(Market Size)
$5.5 billion
$9.5 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 8.00%
2023 Market Size USD 5.5 billion
2030 Market Size USD 9.5 billion
Key Players Berry Global, Sigma Plastics, Inteplast Group, Paragon Films, Scientex

Market Summary

The cling film market is an integral segment within the global packaging industry, primarily serving food preservation and packaging needs across various sectors. This market revolves around the production and distribution of thin plastic films, commonly made from materials like polyvinyl chloride (PVC), polyethylene (PE), and polyvinylidene chloride (PVDC), which are used for wrapping and protecting food items. The demand for cling film is largely driven by its essential role in extending the shelf life of perishable goods, maintaining hygiene, and reducing food waste. Industries such as food retail, hospitality, and household consumption are significant end-users. The market is characterized by continuous innovation in material technology to enhance performance attributes like cling efficiency, puncture resistance, and transparency. Additionally, there is a growing emphasis on developing sustainable and eco-friendly alternatives in response to increasing environmental concerns and regulatory pressures. Manufacturers are investing in research and development to introduce biodegradable and recyclable cling film options, aligning with global sustainability trends. The market is also influenced by changing consumer lifestyles, with a rise in convenience-oriented behaviors and home cooking, further bolstering demand. Overall, the cling film market remains dynamic, adapting to technological advancements and evolving consumer preferences while addressing environmental challenges.

Key Highlights

The cling film market showcases several key highlights that underline its significance and evolution. A prominent trend is the shift towards sustainable materials, with manufacturers increasingly focusing on bio-based and compostable films to meet regulatory standards and consumer demand for eco-friendly products. Innovations in manufacturing processes have led to the development of advanced films with improved barrier properties, enhancing protection against moisture, oxygen, and contaminants. The market is also witnessing consolidation, with major players engaging in mergers and acquisitions to expand their product portfolios and geographic reach. Another highlight is the growing adoption of cling film in emerging economies, where rising disposable incomes and urbanization are driving demand for packaged and preserved foods. The COVID-19 pandemic has further accelerated market growth, as heightened awareness of hygiene and food safety increased the use of protective packaging in both retail and household settings. Additionally, technological advancements such as the integration of smart packaging features, including indicators for freshness and tampering, are gaining traction. These highlights reflect a market that is not only responsive to immediate needs but also proactive in embracing future-oriented solutions, ensuring its continued relevance in the packaging landscape.

Drivers, Opportunities & Restraints

Several drivers propel the cling film market, including the increasing demand for food preservation solutions to reduce waste and ensure safety. The growth of the food and beverage industry, coupled with rising consumer preference for convenience foods, significantly boosts market expansion. Additionally, advancements in material science that enhance film performance and sustainability present strong growth drivers. Opportunities abound in the development of eco-friendly and biodegradable cling films, catering to the growing environmental consciousness among consumers and stringent government regulations. Expansion into emerging markets, where urbanization and changing lifestyles are driving packaging adoption, offers substantial growth potential. Innovations such as antimicrobial films and smart packaging technologies also open new avenues for market differentiation and value addition. However, the market faces restraints, including environmental concerns related to plastic waste and pollution, leading to regulatory bans and restrictions on single-use plastics in various regions. Fluctuations in raw material prices, particularly for petroleum-based polymers, can impact production costs and profitability. Moreover, competition from alternative packaging solutions like reusable containers and beeswax wraps poses challenges. Addressing these restraints through innovation and sustainability initiatives is crucial for market players to maintain competitiveness and capitalize on opportunities.

Concentration Insights

The cling film market exhibits a concentrated landscape with a few key players dominating the global scene. Companies such as Reynolds Group Holdings, Berry Global Inc., and Intertape Polymer Group hold significant market shares due to their extensive product portfolios, strong distribution networks, and continuous innovation efforts. These leaders focus on strategic initiatives like mergers, acquisitions, and partnerships to strengthen their market position and expand into new geographic regions. The market concentration is also evident in the high level of investment in research and development aimed at creating sustainable and high-performance films. Regional players, particularly in Asia-Pacific, are gaining traction by catering to local demands and offering cost-effective solutions. The competitive dynamics are characterized by intense rivalry, with firms competing on factors such as product quality, price, sustainability, and technological advancements. This concentration fosters a environment where innovation and efficiency are paramount, driving overall market growth. However, it also presents barriers to entry for new players, who must navigate established brand loyalties and regulatory complexities. Understanding these concentration insights is essential for stakeholders to identify competitive strategies and opportunities for collaboration or differentiation in the evolving cling film market.

Type Insights

Cling film products are primarily categorized based on the materials used, with polyvinyl chloride (PVC), polyethylene (PE), and polyvinylidene chloride (PVDC) being the most common types. PVC cling films are widely used due to their excellent cling properties and clarity, making them ideal for retail food packaging. However, environmental and health concerns have led to a decline in their popularity, prompting a shift towards safer alternatives. PE cling films, including low-density polyethylene (LDPE) and linear low-density polyethylene (LLDPE), are gaining preference for their flexibility, strength, and lower environmental impact compared to PVC. They are commonly used in household and commercial applications for wrapping food items. PVDC films offer superior barrier properties against moisture and oxygen, extending the shelf life of perishable goods, but they are more expensive and less common. Recently, bio-based and biodegradable films made from materials like polylactic acid (PLA) have emerged as sustainable options, driven by increasing regulatory pressures and consumer demand for eco-friendly products. Each type caters to specific needs within the market, with ongoing research focused on enhancing the performance and sustainability of these films to meet evolving industry standards and consumer expectations.

Application Insights

Cling film finds extensive applications across various sectors, with the food and beverage industry being the largest end-user. In food retail, it is used for packaging fresh produce, meats, dairy products, and ready-to-eat meals to maintain freshness, prevent contamination, and extend shelf life. The hospitality sector, including restaurants and catering services, relies on cling film for food preparation, storage, and presentation, ensuring hygiene and quality. Household consumption represents another significant application, where consumers use cling film for wrapping leftovers, packing lunches, and organizing food storage. Beyond food, cling film is utilized in non-food applications such as pharmaceutical packaging for protecting medical supplies and in industrial settings for covering and protecting equipment and materials. The versatility of cling film makes it indispensable in these areas, driven by its ability to provide an airtight seal, transparency, and ease of use. Emerging applications include its use in agriculture for covering crops and in arts and crafts for various protective and creative purposes. The diverse application spectrum underscores the cling film's integral role in daily operations across multiple industries, with continuous innovation expanding its use cases and effectiveness.

Regional Insights

The cling film market demonstrates distinct regional dynamics influenced by economic development, consumer behavior, and regulatory frameworks. North America and Europe are mature markets characterized by high consumption rates, driven by well-established food retail sectors and strong emphasis on food safety and hygiene. These regions are also at the forefront of adopting sustainable cling film alternatives, with stringent regulations promoting eco-friendly packaging solutions. The Asia-Pacific region is experiencing rapid growth, fueled by rising disposable incomes, urbanization, and expanding retail infrastructures in countries like China and India. Increasing awareness of food preservation and growing demand for convenience foods are key factors propelling market expansion in this region. Latin America and the Middle East & Africa are emerging markets with significant potential, albeit facing challenges related to economic volatility and infrastructure development. However, improving living standards and growing food processing industries are expected to drive demand in these areas. Regional insights reveal a global market that is evolving at different paces, with opportunities for growth particularly pronounced in developing economies, while developed regions focus on innovation and sustainability to maintain market leadership.

Company Insights

Leading companies in the cling film market include Reynolds Group Holdings, Berry Global Inc., Intertape Polymer Group, and Sigma Plastics Group. These players dominate through extensive product offerings, robust research and development capabilities, and strategic global presence. Reynolds Group Holdings is renowned for its consumer brands and innovation in food packaging solutions. Berry Global Inc. focuses on sustainable packaging and has a diverse portfolio that includes advanced cling films for various applications. Intertape Polymer Group emphasizes quality and performance, catering to both food and industrial sectors. Sigma Plastics Group is a key player known for its polyethylene films and commitment to sustainability. Other notable companies include Mitsubishi Chemical Holdings, which offers high-performance films, and Dow Inc., a major supplier of raw materials and innovative film technologies. These companies engage in continuous innovation to develop eco-friendly products, enhance film properties, and meet regulatory requirements. Strategic initiatives such as mergers, acquisitions, and partnerships are common, aimed at expanding market reach and leveraging synergies. Understanding the strategies and strengths of these key players provides valuable insights into market trends and competitive dynamics, essential for stakeholders looking to navigate or invest in the cling film market.

Recent Developments

Recent developments in the cling film market highlight a strong focus on sustainability and technological innovation. Major players have launched biodegradable and compostable cling films made from plant-based materials, responding to environmental concerns and regulatory demands. For instance, companies are introducing films derived from polylactic acid (PLA) and other bio-polymers that offer reduced environmental impact without compromising performance. Technological advancements have led to the development of films with enhanced barrier properties, improving protection against oxygen and moisture to extend food freshness further. Smart packaging integrations, such as freshness indicators and QR codes for traceability, are also emerging trends. On the strategic front, there have been several mergers and acquisitions aimed at consolidating market position and expanding product lines. For example, Berry Global's acquisition of RPC Group enhanced its packaging capabilities and geographic footprint. Additionally, investments in recycling technologies and circular economy initiatives are gaining momentum, with companies partnering to improve the recyclability of cling films. These developments reflect the industry's commitment to addressing environmental challenges while meeting evolving consumer needs, ensuring the market remains dynamic and forward-looking amidst changing global landscapes.

Report Segmentation

This market research report on the cling film market provides a comprehensive analysis segmented by type, application, and region to offer detailed insights. The type segmentation includes polyvinyl chloride (PVC), polyethylene (PE), polyvinylidene chloride (PVDC), and bio-based films, each analyzed for their market share, growth potential, and key characteristics. Application segmentation covers food retail, hospitality, household consumption, and non-food uses such as pharmaceutical and industrial applications, highlighting demand drivers and trends within each segment. Regional segmentation encompasses North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, examining regional market dynamics, growth rates, and competitive landscapes. The report also delves into sub-segments within these categories, such as low-density polyethylene (LDPE) and linear low-density polyethylene (LLDPE) under PE films, and fresh food versus processed food packaging under applications. This structured segmentation enables a granular understanding of market opportunities and challenges, facilitating informed decision-making for businesses, investors, and stakeholders. By providing detailed insights into each segment, the report aids in identifying niche markets, assessing competitive strategies, and anticipating future trends in the cling film industry.

FAQs

What is cling film made of? Cling film is primarily made from materials such as polyvinyl chloride (PVC), polyethylene (PE), or polyvinylidene chloride (PVDC). PE films, including LDPE and LLDPE, are common due to their flexibility and lower environmental impact, while PVC offers excellent cling but faces environmental concerns. Bio-based alternatives from materials like PLA are emerging.

How does cling film work? Cling film works by utilizing electrostatic forces and material plasticity to adhere to surfaces and itself, creating an airtight seal that protects food from air, moisture, and contaminants. This helps in preserving freshness and extending the shelf life of packaged items.

Is cling film recyclable? The recyclability of cling film depends on the material; PE films are often recyclable where facilities exist, but PVC films are generally not due to processing challenges. Contamination from food residues can complicate recycling, so checking local guidelines is essential.

Can cling film be used in microwave? Only cling films labeled as microwave-safe should be used in microwaves, typically those made from PE or specially designed materials. PVC films may release harmful chemicals when heated, so it is crucial to follow manufacturer instructions to avoid health risks.

What are the alternatives to plastic cling film? Alternatives include beeswax wraps, silicone lids, reusable containers, and compostable films made from materials like PLA. These options offer eco-friendly solutions for food storage, reducing reliance on traditional plastic cling film.

Why is cling film sticky? Cling film is sticky due to additives that enhance its cling properties, creating electrostatic attraction between the film and surfaces. This allows it to adhere smoothly without adhesives, providing a secure seal for food preservation.

Citius Research has developed a research report titled “Cling Film Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Cling Film Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Cling Film Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Cling Film Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Cling Film Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Cling Film Market
• Research Methodology
• Executive Summary
• Market Dynamics of Cling Film Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Cling Film Market
• Cost and Gross Margin Analysis of Cling Film Market
• Cling Film Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Cling Film Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Cling Film Market Key Stakeholders

Below are the key stakeholders for the Cling Film Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Cling Film Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Cling Film Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Cling Film Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Cling Film Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Cling Film Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Cling Film Market is expected to grow at a CAGR of XX% from 2023 to 2030.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.

Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Cling Film Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Cling Film Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Cling Film Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Cling Film Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Cling Film Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Cling Film Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Cling Film Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Cling Film Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Cling Film Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Cling Film Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Cling Film Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

Request a detailed Research Methodology for the market.

Request Customization or Sample Report

To request a sample report or for any inquiry regarding this report, please fill out the form below

Yes, I have read the Privacy Policy.

Related Reports






latest reports