| Product Code: ETC13182864 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Plastic Wrap Market was valued at USD 9.7 Billion in 2024 and is expected to reach USD 13.7 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).
The global plastic wrap market is experiencing steady growth driven by the increasing demand for convenient and efficient packaging solutions across various industries such as food and beverage, healthcare, and consumer goods. The market is characterized by the rising trend of sustainability, with manufacturers focusing on developing eco-friendly and biodegradable alternatives to traditional plastic wraps. Key factors influencing market growth include the expanding e-commerce sector, changing consumer preferences towards on-the-go and single-serve packaging options, and the need for extended shelf life of perishable products. Geographically, Asia Pacific is expected to witness significant growth in the plastic wrap market due to rapid urbanization, population growth, and increasing disposable income levels. Key players in the global plastic wrap market include companies like Reynolds Consumer Products, Berry Global Inc., and Cling Tite.
The Global Plastic Wrap Market is experiencing a shift towards sustainable and eco-friendly alternatives in response to growing environmental concerns. Biodegradable and compostable plastic wraps made from plant-based materials are gaining popularity among consumers and manufacturers alike. Additionally, advancements in technology have led to the development of reusable and food-grade silicone wraps, providing more durable and long-lasting options for consumers looking to reduce their plastic waste. Opportunities in the market lie in the development of innovative packaging solutions that offer both convenience and sustainability, as well as the expansion of product offerings to cater to diverse consumer preferences. Collaborations with retailers and e-commerce platforms to promote environmentally-friendly plastic wrap options present a promising avenue for market growth and differentiation.
The Global Plastic Wrap Market faces several challenges, including environmental concerns surrounding plastic waste and sustainability issues. The increasing awareness about the detrimental impact of single-use plastics on the environment has led to a shift towards eco-friendly alternatives, putting pressure on plastic wrap manufacturers to innovate and develop more sustainable packaging solutions. Additionally, regulatory measures and bans on plastic products in certain regions further contribute to the challenges faced by the industry. Moreover, fluctuations in raw material prices, competition from alternative packaging materials, and the need to address consumer preferences for convenience and cost-effectiveness while also being environmentally conscious present ongoing challenges for companies operating in the Global Plastic Wrap Market.
The Global Plastic Wrap Market is primarily driven by the increasing demand for convenient and cost-effective food packaging solutions in the food and beverage industry. The rise in disposable income levels and changing consumer lifestyles have led to a growing preference for ready-to-eat and convenience foods, driving the need for packaging materials like plastic wrap. Additionally, the expanding e-commerce sector and the need for efficient packaging for online deliveries are further fueling the demand for plastic wrap. Moreover, the versatility, durability, and ability of plastic wrap to extend the shelf life of products are key factors driving its adoption across various end-user industries such as healthcare, retail, and agriculture, contributing to the market growth.
Government policies related to the Global Plastic Wrap Market vary by country. Many governments are implementing regulations to reduce the use of single-use plastics, including plastic wrap, in order to combat plastic pollution and promote sustainability. Some common policies include bans on certain types of plastic wrap or requirements for biodegradable or compostable alternatives. Additionally, there are initiatives to promote recycling and proper disposal of plastic wrap to minimize environmental impact. Governments are also encouraging manufacturers to use recycled materials in their plastic wrap products and to explore alternative packaging solutions. Overall, there is a global trend towards stricter regulations and more sustainable practices in the plastic wrap market driven by environmental concerns and the need for waste reduction.
The Global Plastic Wrap Market is expected to witness steady growth in the coming years, driven by factors such as increasing demand for convenient and cost-effective food packaging solutions, rising awareness about food hygiene and safety, and the growth of the retail sector. The market is also likely to benefit from advancements in plastic wrap technology, leading to improved durability, sustainability, and performance. However, the industry may face challenges related to environmental concerns and regulations promoting the use of eco-friendly alternatives to traditional plastic wrap. As a result, market players are expected to focus on innovation and sustainable practices to meet evolving consumer preferences and regulatory requirements, shaping the future landscape of the Global Plastic Wrap Market.
In the global plastic wrap market, Asia is expected to witness significant growth driven by the expanding food and beverage industry in countries like China and India. North America is anticipated to experience steady demand due to the widespread use of plastic wrap in the packaging of food products. In Europe, sustainability concerns are leading to a shift towards eco-friendly alternatives, impacting the demand for traditional plastic wrap. The Middle East and Africa region is projected to see moderate growth supported by the increasing adoption of convenience packaging solutions. Latin America is likely to witness steady growth in the plastic wrap market due to the growing foodservice industry and changing consumer preferences towards packaged food products. Overall, the global plastic wrap market is evolving with regional variations influenced by factors such as economic development, consumer preferences, and environmental considerations.
Global Plastic Wrap Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Plastic Wrap Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Plastic Wrap Market Revenues & Volume, 2021 & 2031F |
3.3 Global Plastic Wrap Market - Industry Life Cycle |
3.4 Global Plastic Wrap Market - Porter's Five Forces |
3.5 Global Plastic Wrap Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Plastic Wrap Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Plastic Wrap Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Global Plastic Wrap Market Revenues & Volume Share, By Feature, 2021 & 2031F |
3.9 Global Plastic Wrap Market Revenues & Volume Share, By Processing Type, 2021 & 2031F |
3.10 Global Plastic Wrap Market Revenues & Volume Share, By Transparency, 2021 & 2031F |
3.11 Global Plastic Wrap Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.12 Global Plastic Wrap Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Plastic Wrap Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Plastic Wrap Market Trends |
6 Global Plastic Wrap Market, 2021 - 2031 |
6.1 Global Plastic Wrap Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Plastic Wrap Market, Revenues & Volume, By Stretch Films, 2021 - 2031 |
6.1.3 Global Plastic Wrap Market, Revenues & Volume, By Shrink Films, 2021 - 2031 |
6.1.4 Global Plastic Wrap Market, Revenues & Volume, By Metallized Films, 2021 - 2031 |
6.1.5 Global Plastic Wrap Market, Revenues & Volume, By Twist Film, 2021 - 2031 |
6.1.6 Global Plastic Wrap Market, Revenues & Volume, By Release Film, 2021 - 2031 |
6.1.7 Global Plastic Wrap Market, Revenues & Volume, By Twist Rope, 2021 - 2031 |
6.1.8 Global Plastic Wrap Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Plastic Wrap Market, Revenues & Volume, By Material, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Plastic Wrap Market, Revenues & Volume, By Polypropylene (PP), 2021 - 2031 |
6.2.3 Global Plastic Wrap Market, Revenues & Volume, By Polyethylene (PE), 2021 - 2031 |
6.2.4 Global Plastic Wrap Market, Revenues & Volume, By Polyvinyl Chloride (PVC), 2021 - 2031 |
6.2.5 Global Plastic Wrap Market, Revenues & Volume, By Polyethylene Terephthalate (PET), 2021 - 2031 |
6.2.6 Global Plastic Wrap Market, Revenues & Volume, By Ethylene Vinyl Alcohol Copolymer (EVOH), 2021 - 2031 |
6.2.7 Global Plastic Wrap Market, Revenues & Volume, By Ethylene-Vinyl Acetate (EVA), 2021 - 2031 |
6.2.8 Global Plastic Wrap Market, Revenues & Volume, By Nylon, 2021 - 2031 |
6.2.9 Global Plastic Wrap Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Plastic Wrap Market, Revenues & Volume, By Feature, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Plastic Wrap Market, Revenues & Volume, By Moisture Proof, 2021 - 2031 |
6.3.3 Global Plastic Wrap Market, Revenues & Volume, By Water Soluble, 2021 - 2031 |
6.4 Global Plastic Wrap Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Plastic Wrap Market, Revenues & Volume, By Casting, 2021 - 2031 |
6.4.3 Global Plastic Wrap Market, Revenues & Volume, By Multiple Extrusion, 2021 - 2031 |
6.4.4 Global Plastic Wrap Market, Revenues & Volume, By Blow Molding, 2021 - 2031 |
6.4.5 Global Plastic Wrap Market, Revenues & Volume, By Injection Molding, 2021 - 2031 |
6.5 Global Plastic Wrap Market, Revenues & Volume, By Transparency, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Plastic Wrap Market, Revenues & Volume, By Transparent, 2021 - 2031 |
6.5.3 Global Plastic Wrap Market, Revenues & Volume, By Translucent, 2021 - 2031 |
6.5.4 Global Plastic Wrap Market, Revenues & Volume, By Opaque, 2021 - 2031 |
6.6 Global Plastic Wrap Market, Revenues & Volume, By End-User, 2021 - 2031 |
6.6.1 Overview & Analysis |
6.6.2 Global Plastic Wrap Market, Revenues & Volume, By Food and Beverages, 2021 - 2031 |
6.6.3 Global Plastic Wrap Market, Revenues & Volume, By Pharmaceuticals, 2021 - 2031 |
6.6.4 Global Plastic Wrap Market, Revenues & Volume, By Personal Care and Cosmetics, 2021 - 2031 |
6.6.5 Global Plastic Wrap Market, Revenues & Volume, By Chemical, 2021 - 2031 |
6.6.6 Global Plastic Wrap Market, Revenues & Volume, By Others, 2021 - 2031 |
6.7 Global Plastic Wrap Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.7.1 Overview & Analysis |
6.7.2 Global Plastic Wrap Market, Revenues & Volume, By E-commerce, 2021 - 2031 |
6.7.3 Global Plastic Wrap Market, Revenues & Volume, By Convenience Store, 2021 - 2031 |
6.7.4 Global Plastic Wrap Market, Revenues & Volume, By Retail Stores, 2021 - 2031 |
6.7.5 Global Plastic Wrap Market, Revenues & Volume, By Supermarket/Hypermarket, 2021 - 2031 |
6.7.6 Global Plastic Wrap Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Plastic Wrap Market, Overview & Analysis |
7.1 North America Plastic Wrap Market Revenues & Volume, 2021 - 2031 |
7.2 North America Plastic Wrap Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Plastic Wrap Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Plastic Wrap Market, Revenues & Volume, By Material, 2021 - 2031 |
7.5 North America Plastic Wrap Market, Revenues & Volume, By Feature, 2021 - 2031 |
7.6 North America Plastic Wrap Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
7.7 North America Plastic Wrap Market, Revenues & Volume, By Transparency, 2021 - 2031 |
7.8 North America Plastic Wrap Market, Revenues & Volume, By End-User, 2021 - 2031 |
7.9 North America Plastic Wrap Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Plastic Wrap Market, Overview & Analysis |
8.1 Latin America (LATAM) Plastic Wrap Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Plastic Wrap Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Plastic Wrap Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Plastic Wrap Market, Revenues & Volume, By Material, 2021 - 2031 |
8.5 Latin America (LATAM) Plastic Wrap Market, Revenues & Volume, By Feature, 2021 - 2031 |
8.6 Latin America (LATAM) Plastic Wrap Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
8.7 Latin America (LATAM) Plastic Wrap Market, Revenues & Volume, By Transparency, 2021 - 2031 |
8.8 Latin America (LATAM) Plastic Wrap Market, Revenues & Volume, By End-User, 2021 - 2031 |
8.9 Latin America (LATAM) Plastic Wrap Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Plastic Wrap Market, Overview & Analysis |
9.1 Asia Plastic Wrap Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Plastic Wrap Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Plastic Wrap Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Plastic Wrap Market, Revenues & Volume, By Material, 2021 - 2031 |
9.5 Asia Plastic Wrap Market, Revenues & Volume, By Feature, 2021 - 2031 |
9.6 Asia Plastic Wrap Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
9.7 Asia Plastic Wrap Market, Revenues & Volume, By Transparency, 2021 - 2031 |
9.8 Asia Plastic Wrap Market, Revenues & Volume, By End-User, 2021 - 2031 |
9.9 Asia Plastic Wrap Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Plastic Wrap Market, Overview & Analysis |
10.1 Africa Plastic Wrap Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Plastic Wrap Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Plastic Wrap Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Plastic Wrap Market, Revenues & Volume, By Material, 2021 - 2031 |
10.5 Africa Plastic Wrap Market, Revenues & Volume, By Feature, 2021 - 2031 |
10.6 Africa Plastic Wrap Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
10.7 Africa Plastic Wrap Market, Revenues & Volume, By Transparency, 2021 - 2031 |
10.8 Africa Plastic Wrap Market, Revenues & Volume, By End-User, 2021 - 2031 |
10.9 Africa Plastic Wrap Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Plastic Wrap Market, Overview & Analysis |
11.1 Europe Plastic Wrap Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Plastic Wrap Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Plastic Wrap Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Plastic Wrap Market, Revenues & Volume, By Material, 2021 - 2031 |
11.5 Europe Plastic Wrap Market, Revenues & Volume, By Feature, 2021 - 2031 |
11.6 Europe Plastic Wrap Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
11.7 Europe Plastic Wrap Market, Revenues & Volume, By Transparency, 2021 - 2031 |
11.8 Europe Plastic Wrap Market, Revenues & Volume, By End-User, 2021 - 2031 |
11.9 Europe Plastic Wrap Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Plastic Wrap Market, Overview & Analysis |
12.1 Middle East Plastic Wrap Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Plastic Wrap Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Plastic Wrap Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Plastic Wrap Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Plastic Wrap Market, Revenues & Volume, By Material, 2021 - 2031 |
12.5 Middle East Plastic Wrap Market, Revenues & Volume, By Feature, 2021 - 2031 |
12.6 Middle East Plastic Wrap Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
12.7 Middle East Plastic Wrap Market, Revenues & Volume, By Transparency, 2021 - 2031 |
12.8 Middle East Plastic Wrap Market, Revenues & Volume, By End-User, 2021 - 2031 |
12.9 Middle East Plastic Wrap Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Plastic Wrap Market Key Performance Indicators |
14 Global Plastic Wrap Market - Export/Import By Countries Assessment |
15 Global Plastic Wrap Market - Opportunity Assessment |
15.1 Global Plastic Wrap Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Plastic Wrap Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Plastic Wrap Market Opportunity Assessment, By Material, 2021 & 2031F |
15.4 Global Plastic Wrap Market Opportunity Assessment, By Feature, 2021 & 2031F |
15.5 Global Plastic Wrap Market Opportunity Assessment, By Processing Type, 2021 & 2031F |
15.6 Global Plastic Wrap Market Opportunity Assessment, By Transparency, 2021 & 2031F |
15.7 Global Plastic Wrap Market Opportunity Assessment, By End-User, 2021 & 2031F |
15.8 Global Plastic Wrap Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Plastic Wrap Market - Competitive Landscape |
16.1 Global Plastic Wrap Market Revenue Share, By Companies, 2024 |
16.2 Global Plastic Wrap Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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