PVDC Coated Films Market by Type (Polyethylene, Polyethylene Terephthalate, Polyvinyl Chloride, Polypropylene, Polyamide, and Others), Coating Side (Single-Side Coated and Double-Side Coated), Application (Food Packaging, Pharmaceutical Blister Packaging, Cosmetics Packaging, Flexible Packaging, Labeling, and Others): Global Market Size Estimates and Forecast (2022-2030)

Code: BMIRE00026696 | Pages: 100 | Industry: Chemicals and Materials | Date: Oct 2022 | Type: Global

The market crossed US$ 1.7 billion mark in 2022 and is expected to hit US$ 3.6 billion by 2030, recording a CAGR of 9.5% during the forecast period.

Growth of food packaging industry is driving the market

The PVDC coated films market is increasing with the growth of the packaging industry. The rise in the demand for packaging solutions such as pouches & bags, lidding films, laminates, and wraps, are anticipated to drive the PVDC coated films market growth. PVDC coated film is mainly used in packaging of food, drugs, cosmetics, and other perishable or delicate products to extend shelf life. In comparison with many common films, PVDC coated films have superior gas and moisture barrier properties, and excellent heat seal ability. They find wide applications in food & beverage industry for packaging, labelling and other applications. The increased demand from these applications is propelling the PVDC coated films market.

Within the report, the market is segmented into type, coating side, application, and geography. By type, the market is further segmented into polyethylene, polyethylene terephthalate, polyvinyl chloride, polypropylene, polyamide, and others. On the basis of coating side, the market is bifurcated into single-side coated and double-side coated. By application, the market is categorized food packaging, pharmaceutical blister packaging, cosmetics packaging, flexible packaging, labeling, and others. Geographically, the market is sub segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

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The development of new technologies to recycle film structures involving PVDC is offering lucrative growth opportunities to the market

PVDC (Polyvinylidene chloride) coated films are used as barrier films to increase the shelf life of packaged products. PVDC coated films restrict the flow of oxygen and water vapor transmission through the packaging. High barrier properties of PVDC coatings enable PVDC coated films to be used for packaging of perishable food products to reduce wastage across the value chain and enhance the shelf life of products. PVDC coated films are largely used to package pharmaceuticals, food, and cosmetics & personal care products.

Rising adoption in various industries is one of the major factors accelerating the market growth

The industries for PVDC coated films are the food and beverages, cosmetics and personal care, pharmaceuticals, etc. Within these industries, food and beverages industry is one such industry, wherein the use of PVDC coated films is increasing for effective packaging of food products and to avoid damaging of food products. PVDC offers excellent bond strength, low stretch, and water absorption. The pharmaceutical industry is also encouraging the use of PVDC coated films, as it is a clear and flexible synthetic thermoplastic film, that possesses a high degree of gloss and has oxygen and moisture barrier characteristics as compared to metalized film. PVDC is highly resistant to grease, oil, and many other chemicals, which protect the pharmaceuticals products to react with the external environment. All these properties make them useful in the packaging of products such as biscuits, wafers, meat, cheese, and drugs.

Recent strategic developments in PVDV coated films market

The PVDC coated films market has undergone several significant developments, and a few of these have been mentioned below:

  • In January 2021, a company named Neschen, a substrate manufacturer has introduced and specially designed a coated polypropylene (PP) film for use with water-based inks and HP Indigo ElectroInk.
  • In September 2020, KM Packaging introduced a new range of mono-polymer material lidding films which is originated for recyclability and which is made from polypropylene (PP).
  • In March 2019, Transcendia, Inc. completed the acquisition of Purestat Engineered Technologies (US). This acquisition helped the company expand its product portfolio into barrier and packaging films.
  • In August 2020, Cosmo Films Ltd. launched transparent antifog film, which has excellent hot and cold antifogging properties. This product has hot tack, which ranges from 280 to 530 Grams/inch, along with a temperature range of 130 to 140˚C.

 

The PVDC coating fimls market is driven by several players implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Mondi Group plc, Kureha Corporation, Jindal Poly Films Limited, Cosmo Films Ltd, Bilcare Limited, Glenroy Inc., Vibac Group S.p.A., Innovia Films, Polinas Corporate, and Klöckner Pentaplast are among the prominent players operating in the market.

Target audience for the report:

  • Raw material providers
  • PVDC coating films providers
  • Coating-related service providers
  • Packaging-related associations, organizations, forums, and alliances
  • Government bodies, such as regulating authorities and policy makers
  • Venture capitalists, private equity firms, and start-up companies
  • Various industry players
  • End users of coating films
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented on the basis of:

  • Type:
    • Polyethylene
    • Polyethylene Terephthalate
    • Polyvinyl Chloride
    • Polypropylene
    • Polyamide
    • Others
  • Coating Side:
    • Single-Side Coated
    • Double-Side Coated
  • Application:
    • Food Packaging
    • Pharmaceutical Blister Packaging
    • Cosmetics Packaging
    • Flexible Packaging
    • Labeling
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa
  • Companies profiled
    • Mondi Group plc
    • Cosmo Films Ltd
    • Bilcare Limited
    • Vibac Group S.p.A.
    • Innovia Films

The List of Companies
- Mondi Group plc
- Cosmo Films Ltd
- Bilcare Limited
- Vibac Group S.p.A.
- Innovia Films

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