PVDC Coated Films Market: Introduction
PVDC (Polyvinylidene chloride) coated films are used as barrier films to increase the shelf life of the packaged product. PVDC coated films restrict the flow of oxygen and water vapor transmission through the packaging. The high barrier properties of PVDC coating enables PVDC coated films to be used for the packaging of perishable food products to reduce wastage across the value chain and enhance the shelf life of the product. PVDC coated films are majorly used to package pharmaceuticals, food, and cosmetics & personal care products.
PVDC Coated Films Market: Trends & Developments
Growth of the food packaging industry drives the PVDC coated films market. Increasing use of food packaging solutions such as lidding films, pouches & bags, laminates, and wraps across the globe is anticipated to propel the PVDC coated films during the forecast period. Rise in packaging of meat, poultry, and seafood is a major driver of the PVDC coated films market in countries in Middle East and Africa (MEA). Manufacturers of PVDC coated films across the globe are developing chlorine-free alternatives for packaging application to reduce the environmental impact. Manufacturers are engaged in research activities to develop sustainable alternatives for PVDC coated films to increase in consumer awareness and stringent government policies regarding disposal of discarded films.
PVDC Coated Films Market: Segmentation
The global PVDC coated films market can be categorized based on type, coating side, application, and region. Based on type, the PVDC coated films market can be segmented into polypropylene (PP), polyethylene terephthalate (PET), polyvinyl chloride (PVC), and others. PP possesses properties such as superior gas barrier, good tensile strength, improved optical properties, and high heat sealing performance. These properties make PP PVDC coated films suitable for applications such as packaging of snacks and cigarettes.
Based on the coating side, the PVDC coated films market can be classified into single-sided and double-sided. In terms of value and volume, the single-sided segment is projected to expand at a substantial pace during the forecast period owing to the high demand for these coatings from packaging applications. In terms of application, the PVDC coated films market can be divided into packaging, lamination, labelling, and others.
PVDC Coated Films Market: Regional Outlook
Based on region, the global PVDC coated films market can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of both volume and value, Asia Pacific accounted for a dominant share of the global PVDC coated films market. China, India, and Japan hold large share of the market in the region. Numerous large PVDC coated films manufacturers such as Jindal Poly Films Limited, Toray Industries, and Cosmo Films Limited are based in Asia Pacific. Demand for PVDC coated films is expected to increase in the region during the forecast period due to the increase in use of these films in the food & beverage, health care, and other industries.
PVDC Coated Films Market: Key Players
Major players operating in the PVDC coated films market include Treofan Germany GmbH & Co. KG, Cosmo Films Ltd., SKC, Inc., Vibac Group S.p.A , Jindal Poly Films Limited, Polinas, Innovia Films, SRF Limited, Toray Industries, Inc., Vacmet India Ltd., Perlen Packaging, and Transcendia Inc. Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.