The polyvinyl chloride (PVC) packaging film market is on the threshold of US$ 13.7 billion at the beginning of 2024. As per the latest FMI projections in the updated market report, the industry is stretching at a relatively higher CAGR of 2.40% from 2024 to 2034 than the previous assessment period.
As industry players continue to strategize to meet the ascending PVC packaging film demand, incremental gains of US$ 17.3 billion projected for 2034 fuel their growth efforts.
Top Trends that are Pushing Sales in the PVC Packaging Market
| Attributes | Key Insights |
|---|---|
| Polyvinyl Chloride (PVC) Packaging Film Market Size (2024E) | US$ 13.7 billion |
| Market Valuation (2034F) | US$ 17.3 billion |
| Value-based CAGR (2024 to 2034) | 2.40% |
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The non-biodegradability of PVC packaging films is a key barrier for market players. Growing environmental concerns and the resultant creation of alternatives are threatening stakeholders in the PVC packaging film industry.
Players in the industry are sustaining their growth by highlighting to their customers the recyclability of PVC packaging. Additionally, players are developing PVC films from recycled sources to reduce waste and optimize the use of already available resources.
| Leading Product Type | Pouches |
|---|---|
| Value Share (2024) | 24.70% |
Based on product type, the pouches segment is set to potentially acquire a 24.7% share of the market.
| Leading End Use | Food |
|---|---|
| Value Share (2024) | 33.90% |
Current projections of the PVC packaging film market indicate a value share of 33.9% for the food sector.
Principal Consultant
| Countries | Forecast CAGR (2024 to 2034) |
|---|---|
| United States | 1.50% |
| Spain | 2.20% |
| India | 5.90% |
| China | 5.0% |
| South Korea | 2.20% |
The polyvinyl chloride (PVC) packaging film market in the United States to rise at a 1.5% CAGR over the forecast period. Demand for PVC packaging film is running parallel to the increasing food industry in the country. Food deliveries and even dining create a significant demand for food packaging like bags and sacks, wraps/ rolls, tapes and labels, etc. PVC packaging film manufacturers are thus launching new or revised product packaging models to meet the surging demand for food packaging.
The burgeoning PVC packaging film market in India to assume a stellar CAGR of 5.9% over the course of the forecast period. A key driver for the sales of PVC packaging films in the country is the increasing adoption of flexible plastic packaging. Manufacturers and suppliers of PVC packaging films are finding significant prospects for business in the Indian economy, thanks to the rapidly growing food and beverage sector in the country.
PVC sheets are quite extensively used across other sectors as well, extending to government and residential sectors. Players are seizing the emerging opportunities in the country with consistent quality work. They are going the extra mile to customize their offerings as per customers' specifications to impress the brand’s identity in customers’ minds.
Production and application of PVC packaging films in China to exhibit a 5% CAGR over the next 10 years. Surging demand for plastic food and beverage packaging is contributing to the industry growth. Wholesale suppliers of PVC packaging films are competing for more customers by selling their products at competitive price points to customers. Additionally, players are offering their products online to reach global customers.
The PVC packaging film industry is slated to expand at a 2.2% CAGR over the forecast period. PVC packaging film merchants are offering products designed for the packaging, industrial, and electrical packaging industries. Continuous demand for flexible packaging is propelling market growth.
Players are further stepping up the production game, to meet the consumer demands in other regions as well, including Europe and the Middle East. Industry participants are further focusing on obtaining FDA certification to increase their adoption among food and beverage players.
The ascent of Chinese rivals in the industrial film business is, however, forcing industrial film operations to be reduced or phased out in the country.
Spain to expand at a CAGR of 2.2% in the PVC packaging film industry in due course. Increasing sales of personal care and home care products among people residing in Spain is backing the PVC packaging film in the country. Continuous sales of essential consumer goods are another aspect that is pushing the packaging film business growth.
Players are expanding their territory by buying Spanish packaging distributors to accelerate their sales of PVC packaging films, packaging machines, and plastic containers. An additional strategic approach followed by market players is providing PVC films with customized dimensions to be used for domestic and professional purposes.
Key players are investing in technologically advanced machinery to design and manufacture superior-quality PVC packaging films for their customers. Industry participants are elevating their manufacturing capabilities rapidly to adjust to demands in this market. Players are further expanding their operations via acquisitions to increase their brand visibility.
Market contenders are following strict quality standards to manufacture PVC flexible sheets to export to other countries. They continuously monitor the functionality and quality of their offerings to ensure there are no discrepancies.
PVC sheets and films are extensively utilized in decorative, toys, plastic shower curtains, electrical tape, protective film, raincoats, etc. Fellow players are thus ensuring that their technology is in tandem with continuously changing customer requirements.
Stakeholders are offering their products at competitive prices. A comprehensive range of PVC sheets and rolls in an affordable price range makes an unbeatable offer for customers.
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Current projections of PVC packaging film market indicate a valuation of US$ 13.7 billion in 2024.
Looking ahead to 2034, the current forecast projects a CAGR of 2.4% for PVC packaging film industry.
FMI predicts lucrative opportunities worth US$ 17.3 billion by the year 2034.
Pouches account for a significant market share in the forecast period.
India is predicted to be an investment hotspot for investors and stakeholders.
Berry Global Group, Plastatech, and Achilles USA are powerful players in the polyvinyl chloride (PVC) packaging film industry.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Manufacturer
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Packaging Level
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Packaging Level, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Packaging Level, 2024 to 2034
5.3.1. Primary Packaging
5.3.2. Secondary Packaging
5.3.3. Tertiary Packaging
5.4. Y-o-Y Growth Trend Analysis By Packaging Level, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Packaging Level, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Product Type, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Product Type, 2024 to 2034
6.3.1. Pouches
6.3.2. Bags & Sacks
6.3.3. Tubes
6.3.4. Liners
6.3.5. Sachets & Stick Packs
6.3.6. Tapes & Labels
6.3.7. Wraps/Rolls
6.4. Y-o-Y Growth Trend Analysis By Product Type, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Product Type, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End Use, 2019 to 2023
7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End Use, 2024 to 2034
7.3.1. Food
7.3.2. Beverages
7.3.3. Homecare
7.3.4. Personal Care
7.3.5. Healthcare
7.3.6. Electrical & Electronics
7.3.7. Others
7.4. Y-o-Y Growth Trend Analysis By End Use, 2019 to 2023
7.5. Absolute $ Opportunity Analysis By End Use, 2024 to 2034
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2019 to 2023
8.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2024 to 2034
8.3.1. North America
8.3.2. Latin America
8.3.3. Western Europe
8.3.4. Eastern Europe
8.3.5. South Asia and Pacific
8.3.6. East Asia
8.3.7. Middle East and Africa
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By Packaging Level
9.2.3. By Product Type
9.2.4. By End Use
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Packaging Level
9.3.3. By Product Type
9.3.4. By End Use
9.4. Key Takeaways
10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Packaging Level
10.2.3. By Product Type
10.2.4. By End Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Packaging Level
10.3.3. By Product Type
10.3.4. By End Use
10.4. Key Takeaways
11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. United Kingdom
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Western Europe
11.2.2. By Packaging Level
11.2.3. By Product Type
11.2.4. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Packaging Level
11.3.3. By Product Type
11.3.4. By End Use
11.4. Key Takeaways
12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. Poland
12.2.1.2. Russia
12.2.1.3. Czech Republic
12.2.1.4. Romania
12.2.1.5. Rest of Eastern Europe
12.2.2. By Packaging Level
12.2.3. By Product Type
12.2.4. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Packaging Level
12.3.3. By Product Type
12.3.4. By End Use
12.4. Key Takeaways
13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Bangladesh
13.2.1.3. Australia
13.2.1.4. New Zealand
13.2.1.5. Rest of South Asia and Pacific
13.2.2. By Packaging Level
13.2.3. By Product Type
13.2.4. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Packaging Level
13.3.3. By Product Type
13.3.4. By End Use
13.4. Key Takeaways
14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. China
14.2.1.2. Japan
14.2.1.3. South Korea
14.2.2. By Packaging Level
14.2.3. By Product Type
14.2.4. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Packaging Level
14.3.3. By Product Type
14.3.4. By End Use
14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
15.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
15.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By Packaging Level
15.2.3. By Product Type
15.2.4. By End Use
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Packaging Level
15.3.3. By Product Type
15.3.4. By End Use
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. USA
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2023
16.1.2.1. By Packaging Level
16.1.2.2. By Product Type
16.1.2.3. By End Use
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2023
16.2.2.1. By Packaging Level
16.2.2.2. By Product Type
16.2.2.3. By End Use
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2023
16.3.2.1. By Packaging Level
16.3.2.2. By Product Type
16.3.2.3. By End Use
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2023
16.4.2.1. By Packaging Level
16.4.2.2. By Product Type
16.4.2.3. By End Use
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2023
16.5.2.1. By Packaging Level
16.5.2.2. By Product Type
16.5.2.3. By End Use
16.6. United Kingdom
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2023
16.6.2.1. By Packaging Level
16.6.2.2. By Product Type
16.6.2.3. By End Use
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2023
16.7.2.1. By Packaging Level
16.7.2.2. By Product Type
16.7.2.3. By End Use
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2023
16.8.2.1. By Packaging Level
16.8.2.2. By Product Type
16.8.2.3. By End Use
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2023
16.9.2.1. By Packaging Level
16.9.2.2. By Product Type
16.9.2.3. By End Use
16.10. Poland
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2023
16.10.2.1. By Packaging Level
16.10.2.2. By Product Type
16.10.2.3. By End Use
16.11. Russia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2023
16.11.2.1. By Packaging Level
16.11.2.2. By Product Type
16.11.2.3. By End Use
16.12. Czech Republic
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2023
16.12.2.1. By Packaging Level
16.12.2.2. By Product Type
16.12.2.3. By End Use
16.13. Romania
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2023
16.13.2.1. By Packaging Level
16.13.2.2. By Product Type
16.13.2.3. By End Use
16.14. India
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2023
16.14.2.1. By Packaging Level
16.14.2.2. By Product Type
16.14.2.3. By End Use
16.15. Bangladesh
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2023
16.15.2.1. By Packaging Level
16.15.2.2. By Product Type
16.15.2.3. By End Use
16.16. Australia
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2023
16.16.2.1. By Packaging Level
16.16.2.2. By Product Type
16.16.2.3. By End Use
16.17. New Zealand
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2023
16.17.2.1. By Packaging Level
16.17.2.2. By Product Type
16.17.2.3. By End Use
16.18. China
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2023
16.18.2.1. By Packaging Level
16.18.2.2. By Product Type
16.18.2.3. By End Use
16.19. Japan
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2023
16.19.2.1. By Packaging Level
16.19.2.2. By Product Type
16.19.2.3. By End Use
16.20. South Korea
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2023
16.20.2.1. By Packaging Level
16.20.2.2. By Product Type
16.20.2.3. By End Use
16.21. GCC Countries
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2023
16.21.2.1. By Packaging Level
16.21.2.2. By Product Type
16.21.2.3. By End Use
16.22. South Africa
16.22.1. Pricing Analysis
16.22.2. Market Share Analysis, 2023
16.22.2.1. By Packaging Level
16.22.2.2. By Product Type
16.22.2.3. By End Use
16.23. Israel
16.23.1. Pricing Analysis
16.23.2. Market Share Analysis, 2023
16.23.2.1. By Packaging Level
16.23.2.2. By Product Type
16.23.2.3. By End Use
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Packaging Level
17.3.3. By Product Type
17.3.4. By End Use
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Berry Global Group
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. Plastatech
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. Achilles USA
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. NanYa Plastics Corporation USA
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. Grafix Plastics
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. Adams Plastics
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. Caprihans India Limited
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. Plastic Film Corporation
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. Walton Plastics
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. Tekra, LLC
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
18.1.11. Jindal Chemical
18.1.11.1. Overview
18.1.11.2. Product Portfolio
18.1.11.3. Profitability by Market Segments
18.1.11.4. Sales Footprint
18.1.11.5. Strategy Overview
18.1.11.5.1. Marketing Strategy
18.1.11.5.2. Product Strategy
18.1.11.5.3. Channel Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
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Polyvinyl Chloride (PVC) Packaging Film Market
