The calendered polyvinyl chloride flexible films market looks all set to hit a valuation of USD 29,998.5 million in 2033. The market is expected to grow at a fair CAGR of 5.5% during the forecast period and is estimated at USD 17,507.2 million as of 2023.
A rapid surge in the infrastructural activities worldwide coupled with immense increase in the growth of food packaging industry and many other factors are expected to drive the market of calendered polyvinyl chloride flexible films.
Attributes | Value |
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Calendered Polyvinyl Chloride Flexible Films Market Size in 2023 | USD 17,507.2 million |
Calendered Polyvinyl Chloride Flexible Films Projected Market Size (2033) | USD 29,998.5 million |
Calendered Polyvinyl Chloride Flexible Films Market Anticipated CAGR (2023 to 2033) | 5.5% |
Polyvinyl is believed to be the third most widely produced synthetic plastic. These are known to possess excellent dimensional stability, which makes them versatile and cost-efficient. These are printable as well, which gives manufacturers the leeway to market the product at their convenience.
The calendered polyvinyl chloride flexible films are meant especially for their sturdiness and light weight. These are flexible as well. This might very well increase the demand for calendered polyvinyl chloride flexible films.
Owing to the packaging process, the calendered polyvinyl chloride flexible films exhibit a reasonable barrier towards oil and grease. These are puncture resistant. These films are resistant to all inorganic chemicals and can withstand extreme climatic conditions as well.
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Increased usage in construction activities
The calendered polyvinyl chloride flexible films are one of the most widely used products for building and construction. Owing to their quality and safety, the sales of calendered polyvinyl chloride flexible films are expected to surge during the forecast period.
Fire resistant
Safety becomes a very important parameter when dealing with products in large numbers. The calendered polyvinyl chloride flexible films offer high safety. The presence of chlorine ensures that the product does not ignite easily.
Cost-effective
Apart from the number of advantages offered by calendered polyvinyl chloride flexible films, these are cost-effective as well. The ability to be manipulated into desired shape and size is expected to increase the demand for calendered polyvinyl chloride flexible films.
Current resistant
One of the most important benefits of calendered polyvinyl chloride flexible films is that these do not conduct electricity. This allows manufacturers to provide a packing that is both fire and current-resistant
Tamper-resistant seals
The calendered polyvinyl chloride flexible films are used in large numbers for the manufacture of tamper-resistant seals. The usage of these seals displays the genuity of the product.
Eco friendly
The application of calendered polyvinyl chloride flexible films ensures that the product has no side effects on the environment, as tested by FDA, CPSC, and ISS. These factors might surge the sales of calendered polyvinyl chloride flexible films in the forecast period.
Rising demand in food packaging
These films are majorly used for packaging meat and many other kinds of fresh perishable food items.
One of the major restraints of making use of calendered polyvinyl chloride flexible films is that if by any chance the packaging catches fire, it would emit gases that are harmful to our respiratory system. So, the demand for calendered polyvinyl chloride flexible films could be potentially impacted.
Ban on plastic packaging
There are many countries that have banned the usage of plastics. This presents a sea of opportunity for these films, as these are potentially used as an alternative to plastics.
Importance being realized in healthcare sector
The healthcare sector is advancing at a massive rate worldwide. The importance of employing the calendered polyvinyl chloride flexible films is being gradually realized, as it represents a cost-effective way of maintenance.
All these are expected to surge the sales of calendered polyvinyl chloride flexible films.
Acceptance of Polystyrene as an alternative to plastic bags
Plastic bags are gradually being replaced with other suitable packaging types in many parts of the world. One of the products which is quite often used is polystyrene. This is a potential threat to the calendered polyvinyl chloride flexible films market.
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To make things simpler, the Calendered Polyvinyl Chloride Flexible Films Market is a perfect combination of 4 P’s:
Looking at the prospects of adopting the Calendered Polyvinyl Chloride Flexible Films, the promoters are taking all efforts from their side to increase the sales of such packaging. The promotion activity is carried out mainly via offline mode through collaborations, trade shows, etc. This is well expected to increase the demand for calendered polyvinyl chloride flexible films.
Existing Trends in the Calendered Polyvinyl Chloride Flexible Films Market
Currently, there is a rising influx of rural populations to urban areas. These are the people, who in the initial days have to face a shortage of food because of the lack of resources. To save money, they consume street food or readily available food.
The calendered polyvinyl chloride flexible films are used for packaging such food items as it increases the shelf life of the food and covers the odor of the packed food. The above reason is valid for those people as well who are leading a hectic lifestyle, because of lack of time to prepare food on their own.
The consumer goods segment currently has the highest market share in the calendered polyvinyl chloride flexible films market. As of 2022, the market share of the consumer segments is slightly greater than 25%, and during the forecast period, the demand for calendered polyvinyl chloride flexible films is expected to surge.
There is rising usage of these films in the pharmaceutical sector for packing various kinds of medical equipment. The calendered polyvinyl chloride flexible films have high relevance in the automotive sector as well. These are used on the body of the car to avoid wear and tear.
This is done to further see that the painting is not damaged in any way. If we talk about one segment in which its usage is exponentially increasing, it is the building and construction segment for the purpose of wallcovering, flooring, etc.
Any product that is used in industries should be durable, operationally and environmentally safe, cost-effective, multi-purposeful, etc. All these qualities are possessed by the calendered polyvinyl chloride flexible films. This is further expected to increase the sales of calendered polyvinyl chloride flexible films.
The calendered polyvinyl chloride flexible films are used in a number of other applications like waterproof enclosures, windows, and siding, furniture and supply covers, wire harnesses, etc.
Asia Pacific is currently the largest market for calendered polyvinyl chloride flexible films, having a share of nearly 28%. Rapid development, coupled with increasing urbanization, and more and more people leading a hectic lifestyle are some of the reasons why the market is currently dominating and is expected to grow during the forecast period as well.
The product being cost-effective will most likely drive the sales of calendered polyvinyl chloride flexible films during the forecast period.
The calendered polyvinyl chloride flexible films market is expected to expand in North America during the forecast period. The reason is the increased usage of these films in the medical and healthcare sector. These are used for packaging certain healthcare equipment. These films are used in the pharmaceutical sector as well for blister packaging.
There are a number of industries that operate in this region. Owing to plenty of benefits offered by these films, these are being adopted in industries as well. All these are expected to increase the calendered polyvinyl chloride flexible films market share in North America. North America held a market share of 30.4% in 2022.
The calendered polyvinyl chloride flexible films market is anticipated to surge in Europe during the forecast period. Apart from the rising usage in all the sectors, there are plenty of funds available with the manufacturers in this region, because of which they can afford to promote the product.
The eco-friendly aspect of these films coupled with the capability to be fire resistant is expected to drive the demand for calendered polyvinyl chloride flexible films in Europe. Europe held a market share of 24.4% in 2022.
Based on the analysis conducted by Future Market Insights, it was found that as per the analysis done on countries, China is the biggest market for calendered polyvinyl chloride flexible films. The reasons are listed below:
The start-up space of calendered polyvinyl chloride flexible films market is on a rollout for providing high-efficiency and low-cost packaging. Some of the startups are: vertrauen chemie solutions, Indevco Plastics, and Bizongo.
Start-up name | Vertrauen Chemie Solutions |
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Start-up year | 2016 |
Description | Develops packaging for liquids which are difficult to handle. Offers solutions to aerospace, automotive, construction, marine, and oil and gas. |
Start-up name | Indevco Plastics |
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Start-up year | 2015 |
Description | Uses post-consumer, post-industrial, and virgin resins for polyethylene centerfold sheeting. |
Start-up name | Bizongo |
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Start-up year | 2015 |
Description | Develops packaging for food and beverage businesses, which protects products across life cycle. |
Some of the other start-ups are Plexform and Interface polymers, and these primarily deal with industrial bulk packaging and packaging based on polyolefin.
With a view to expand footprints, and to serve many other sectors, the key players are currently involved in mergers and acquisitions. The expansion of portfolio would ensure that the specialty compounds are included as well, apart from the existing PVC materials.
Company | Teknor Apex |
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Month and Year | June 2022 |
News | Teknor Apex announced NEW Sarlink R2 3180 B TPV with 25% recycled content. This multipurpose TPV contains high quality Post-Industrial Recycled content processes. |
Company | Hexis SAS |
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Month and Year | June 2022 |
News | Hexis visted La Fabrique in Paris, which is a French school for decoration and fashion industry. The students created a window display with Hexis products, in line with the 2022 decoration trend |
Company | Renolit SE |
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Month and Year | May 2022 |
News | Renolit SE and Sobernheimer Rohstoff Kontor Gmbh have founded a joint venture, KAS Kunststoff Aufbereitung Bad Sobernheim GmbH to jointly distribute PVC recyclates derived from production residues. |
Company | Lawson Screen and Digital Products |
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Month and Year | September 2022 |
News | FDC series 4200 Intermediate Ultra High Gloss Vinyl Film, introduced by Lawson Screen and Digital Products, is an ultra high gloss calendered vinyl film. This item is ideal for exterior and interior uses that require a high grade markings film for adaptability, resilience, and sunlight protection. |
Company | Ronal DGA |
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Month and Year | August 2022 |
News | Gloss Calendered Vinyl PRO (ESM-GCPRO), introduced by Ronal DGA, is the most recent innovation to their calendered vinyl portfolio. This high-end item is a glossy 3 mm calendered vinyl with grey detachable adhesive and an air-release lining. |
Report Attribute | Details |
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Growth Rate | CAGR of 5.5% from 2023 to 2033 |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD million and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | End Use, Region |
Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East & Africa |
Key Countries Profiled | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Russia, India, Australia, China, Japan, South Korea, Saudi Arabia, UAE, South Africa, Israel |
Key Companies Profiled | Mississippi Polymers, Inc.; Teknor Apex Company, Inc.; Canadian Speciality Vinyls; South Asia Plastics Group; ACG; Caprihans India Limited; Mondorevive S.p.a.; ALFATHERM SpA; HEXIS S.A.S.; ZHONGSHAN LIN-YANG PLASTIC CO.LTD.; Merck KGaA |
Customization & Pricing | Available Upon Request |
The calendered polyvinyl chloride flexible films market CAGR for 2033 is 5.5%.
The market is estimated to reach USD 29,998.5 million by 2033.
Key calendered polyvinyl chloride flexible films market players are increasing their production capacities.
The market is estimated to secure a valuation of USD 17,507.2 million in 2023.
The key market players are Mississippi Polymers, Teknor Apex Company, and Canadian Speciality Vinyls.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-Use 5.1. Pharmaceutical 5.2. Medical 5.3. Automotive 5.4. Building & Construction 5.5. Consumer Goods 5.6. Industrial 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 6.1. North America 6.2. Latin America 6.3. Europe 6.4. Asia Pacific 6.5. MEA 7. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 8. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Key Countries Market Analysis 13. Market Structure Analysis 14. Competition Analysis 14.1. Merck KGaA 14.2. Teknor Apex Company, Inc. 14.3. Canadian Speciality Vinyls 14.4. South Asia Plastics Group 14.5. ACG 14.6. Caprihans India Limited 14.7. Mondorevive S.p.a. 14.8. ALFATHERM SpA 14.9. HEXIS S.A.S. 14.10. ZHONGSHAN LIN-YANG PLASTIC CO.LTD. 15. Assumptions & Acronyms Used 16. Research Methodology
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