The global PVDC coated films market is expected to grow at a CAGR of 3.9% during the forecast period, reaching USD 13.8 billion by 2031, increasing from USD 8.9 billion in 2021. This growth can be accredited to the growing demand for food packaging films and raising awareness about food safety. The use of PVDC coatings in food packaging helps to extend the shelf life of food products and prevents them from getting contaminated. Additionally, PVDC coatings are also used in medical packaging to prevent the spread of infection.

IMPACT OF COVID-19 ON THE GLOBAL PVDC COATED FILMS MARKET

A severe outbreak of the novel coronavirus (COVID-19) is currently affecting countries worldwide. The pandemic has already caused widespread panic and a sharp decline in global stock markets. The virus also has a significant impact on various industries, including the global PVDC coated films market. The impact of COVID-19 on the global market is expected to be significant. The outbreak has decreased demand for coated films, as companies are postponing or canceling their orders.

GLOBAL PVDC COATED FILMS MARKET INFOGRAPHICS

Source: ThinkWise Intelligence Analysis

GLOBAL PVDC COATED FILMS MARKET DYNAMICS

MARKET DRIVER: INCREASING PRODUCT DEMAND FROM THE FOOD AND HEALTHCARE SECTORS

Key drivers for the growth of the PVDC coated films market include the increasing demand for packaging films in the food and beverage industry and the growth of the medical device industry. PVDC coated films are used in food and beverage packaging to protect the food from contamination and extend the product's shelf life. In addition, the increasing popularity of barrier films among consumers contributes to the growth of the PVDC coated films market.

MARKET RESTRAINT: VOLATILITY IN PRICES

Volatility in raw material prices is one of the critical challenges faced by the global PVDC coated films market players. The prices of raw materials such as ethylene and chlorine have seen a sharp increase in recent years, which has resulted in increased production costs for PVDC coated films. This has led to a decline in profitability for the industry and has made it difficult for manufacturers to remain competitive.

MARKET OPPORTUNITY: DEMAND GROWTH IN THE UNTAPPED END­-USE INDUSTRIES

In recent years, the demand for PVDC films has increased in the healthcare and consumer industries. This has led to many opportunities for companies that produce these products. The healthcare industry uses PVDC films to create packaging for medical supplies and devices. The consumer industry uses PVDC films to create packaging for food and beverage products.

MARKET THREAT: REGULATORY CONCERNS ON THE PRODUCT USE IN THE FOOD INDUSTRY

Polyvinylidene chloride (PVDC) films are often used in the food and beverage industry to coat and preserve products. However, there are growing concerns over the potential health risks of PVDC films. Some of these risks include the release of toxic compounds into food and beverages and the potential for PVDC to cause cancer. There is also concern that PVDC may interfere with the absorption of nutrients from food. One other concern is that PVDC can leach into food and beverages. Studies have shown that PVDC can leach bisphenol A (BPA), a potentially harmful chemical.

KEY TRENDS IN THE GLOBAL PVDC COATED FILMS MARKET

GLOBAL PVDC COATED FILMS MARKET TRENDS, BY SUBSTRATE MATERIAL

"The PVC segment will witness huge demand from the food and beverages industry."

The global PVDC coated films market is segmented based on substrate material into polyamide (PA), polyethylene (PE), polyethylene terephthalate (PET), polypropylene (PP), and polyvinyl chloride (PVC). Polyamide is expected to be the fastest-growing market segment during the forecast period. PVC is the largest market segment, accounting for more than half of the total market share. The growth of the PVC segment is primarily driven by the increasing demand for food packaging applications.

GLOBAL PVDC COATED FILMS MARKET TRENDS, BY APPLICATION

"The blisters segment is likely to witness huge demand from the healthcare end-use industry."

The global PVDC coated films market is segmented based on application into blisters, laminates, lidding films, pouches & bags, wraps. In terms of value, the blisters segment is expected to be the largest in the global PVDC coated films market over the projected period. This can be attributed to the high usage of PVDC coated films in blisters for packaging various pharmaceutical and medical products.

GLOBAL PVDC COATED FILMS MARKET TRENDS, BY END-USE INDUSTRY

"Healthcare industry segment will witness huge growth during the forecast period."

The market is segmented on end-use industry into consumer goods, food and beverages, healthcare, others. The consumer goods segment is expected to grow at the highest CAGR during the forecast period. The growth in this segment is accredited to the increasing demand for packaged food and beverages.

The increasing demand for PVDC coated films in the healthcare industry is expected to drive the market's growth. PVDC coated films protect food from contamination and prevent bacteria growth. They are also used in medical devices and packaging applications.

GLOBAL PVDC COATED FILMS MARKET TRENDS, BY REGION

"The North America region will dominate, while the Europe region will witness the fastest growth during the forecast period."

The North America PVDC coated films market is the largest market globally. The market is anticipated to increase at a CAGR of 5.5% during the forecast period. The market's growth can be credited to the increasing demand for food packaging films. The demand for food packaging films is driven by the rising demand for processed and packaged food products.

The Europe PVDC coated films market is projected to grow at a higher rate than that in North America during the forecast period. The growth can be accredited to the increasing demand for food packaging and medical applications in the region. In addition, the increasing demand for barrier films from the automotive and construction industries is also expected to drive market growth in Europe.

COMPETITIVE LANDSCAPE IN THE GLOBAL PVDC COATED FILMS MARKET

The global PVDC coated films market is fragmented with many key players like Dow Chemical, DuPont, Asahi Kasei Corporation, Clariant AG, Bemis Company, Inc., Berry Global, Inc., Constantia Flexibles Group GmbH, Coveris Holdings S.A., and many more. These players are adopting various growth approaches such as product launches, expansions, and acquisitions to strengthen their position in the market.

RECENT DEVELOPMENTS IN THE GLOBAL PVDC COATED FILMS MARKET

• DuPont has announced a new line of products that will feature PVDC coated films. The new products, set to launch in early 2019, provide superior barrier protection and product freshness. In addition to the benefits of the PVDC coating, the products will also feature several other innovative technologies. DuPont is confident that the new products will be well-received by consumers and provide a significant competitive edge.
• PVDC coated films are a moderately new product in Dow's line-up. They were first released in 2017 and are made with an extrusion coating process. The films are designed to provide superior clarity and gloss and excellent gas and moisture barrier properties.
• BASF SE recently announced the introduction of several new products this year that include PVDC coatings. These new products will be marketed under the company's brands "Aquamax" and "Liquamet" The coatings are said to provide water and grease resistance and improved barrier properties for food packaging applications.

CHAPTER 1.    INTRODUCTION
1.1.    KEY OBJECTIVES OF THE STUDY
1.2.    MARKET SCOPE & DEFINITION
1.2.1.    MARKET SEGMENTATION
1.3.    REPORT DESCRIPTION
1.4.    LIMITATIONS
1.5.    STAKEHOLDERS FOR PRIMARY INTERVIEWS

CHAPTER 2.    RESEARCH METHODOLOGY
2.1.    DATA EXPLORATION
2.1.1.    PRIMARY DATA
2.1.1.1.    DATA SOURCES
2.1.1.2.    KEY DATA COLLECTED
2.1.2.    SECONDARY DATA
2.1.2.1.    DATA SOURCES
2.1.2.2.    KEY DATA COLLECTED
2.2.    MARKET SIZE ESTIMATION
2.2.1.    TOP-DOWN APPROACH
2.2.2.    BOTTOM-UP APPROACH
2.3.    DATA BREAKDOWN & TRIANGULATION
2.4.    ASSUMPTIONS & FORECAST PARAMETERS

CHAPTER 3.    EXECUTIVE SUMMARY

CHAPTER 4.    THINKWISE INTELLIGENCE EXCLUSIVE INSIGHTS
4.1.    MARKET ATTRACTIVENESS, BY SUBSTRATE MATERIAL
4.2.    MARKET ATTRACTIVENESS, BY APPLICATION
4.3.    MARKET ATTRACTIVENESS, BY END-USE INDUSTRY
4.4.    MARKET ATTRACTIVENESS, BY REGION

CHAPTER 5.    MARKET OVERVIEW
5.1.    INTRODUCTION
5.2.    GROWTH IMPACT FORCES
5.2.1.    DRIVERS
5.2.2.    RESTRAINTS
5.2.3.    OPPORTUNITIES
5.2.4.    THREATS
5.3.    MARKET ECOSYSTEM & VALUE CHAIN
5.3.1.    ECOSYSTEM ANALYSIS
5.3.1.1.    IMPACT OF COVID-19 ON THE MARKET ECOSYSTEM
5.3.2.    VALUE CHAIN ANALYSIS
5.3.2.1.    IMPACT OF COVID-19 ON THE MARKET VALUE CHAIN
5.4.    INNOVATION & SUSTAINABILITY MATRICES
5.4.1.    PATENT MATRIX
5.4.2.    REGULATORY MATRIX
5.5.    PRICE MATRIX
5.5.1.    IMPACT OF COVID-19 ON PRICING
5.5.2.    PRICING ANALYSIS
5.5.2.1.    BY SUBSTRATE MATERIAL
5.5.2.2.    BY APPLICATION
5.5.2.3.    BY END-USE INDUSTRY
5.5.2.4.    BY REGION
5.6.    PORTER’S FIVE FORCES ANALYSIS
5.6.1.    BARGAINING POWER OF SUPPLIERS
5.6.2.    BARGAINING POWER OF CONSUMERS
5.6.3.    THREAT OF SUBSTITUTES
5.6.4.    THREAT OF NEW-ENTRANTS
5.6.5.    COMPETITIVE RIVALRY INTENSITY
5.7.    PESTLE ANALYSIS
5.7.1.    POLITICAL
5.7.2.    ECONOMICAL
5.7.3.    SOCIAL
5.7.4.    TECHNOLOGICAL
5.7.5.    ENVIRONMENTAL
5.8.    IMPACT OF COVID-19 ON GLOBAL PVDC COATED FILMS MARKET
5.8.1.    PRE-COVID MARKET SCENARIO
5.8.2.    POST-COVID MARKET SCENARIO
 
CHAPTER 6.    GLOBAL PVDC COATED FILMS MARKET ANALYSIS, BY SUBSTRATE MATERIAL
6.1.    INTRODUCTION
6.1.1.    POLYAMIDE (PA)
6.1.2.    POLYETHYLENE (PE)
6.1.3.    POLYETHYLENE TEREPHTHALATE (PET)
6.1.4.    POLYPROPYLENE (PP)
6.1.5.    POLYVINYL CHLORIDE (PVC)

CHAPTER 7.    GLOBAL PVDC COATED FILMS MARKET ANALYSIS, BY APPLICATION
7.1.    INTRODUCTION
7.1.1.    BLISTERS
7.1.2.    LAMINATES
7.1.3.    LIDDING FILMS
7.1.4.    POUCHES & BAGS
7.1.5.    WRAPS

CHAPTER 8.    GLOBAL PVDC COATED FILMS MARKET ANALYSIS, BY END-USE INDUSTRY
8.1.    INTRODUCTION
8.1.1.    CONSUMER GOODS
8.1.2.    FOOD AND BEVERAGES
8.1.3.    HEALTHCARE
8.1.4.    OTHERS

CHAPTER 9.    GLOBAL PVDC COATED FILMS MARKET ANALYSIS, BY REGION
9.1.    INTRODUCTION
9.1.1.    NORTH AMERICA
9.1.1.1.    UNITED STATES (U.S.)
9.1.1.2.    CANADA
9.1.1.3.    MEXICO
9.1.2.    SOUTH AMERICA
9.1.2.1.    ARGENTINA
9.1.2.2.    BRAZIL
9.1.2.3.    COLOMBIA
9.1.2.4.    REST OF SOUTH AMERICA
9.1.3.    EUROPE
9.1.3.1.    GERMANY
9.1.3.2.    FRANCE
9.1.3.3.    UNITED KINGDOM (UK)
9.1.3.4.    RUSSIA
9.1.3.5.    SPAIN
9.1.3.6.    ITALY
9.1.3.7.    SWITZERLAND
9.1.3.8.    REST OF EUROPE
9.1.4.    ASIA-PACIFIC
9.1.4.1.    CHINA
9.1.4.2.    JAPAN
9.1.4.3.    INDIA
9.1.4.4.    SOUTH KOREA
9.1.4.5.    AUSTRALIA
9.1.4.6.    INDONESIA
9.1.4.7.    SINGAPORE
9.1.4.8.    MALAYSIA
9.1.4.9.    REST OF ASIA-PACIFIC
9.1.5.    MIDDLE EAST
9.1.5.1.    EGYPT
9.1.5.2.    KUWAIT
9.1.5.3.    SAUDI ARABIA
9.1.5.4.    UNITED ARAB EMIRATES (UAE)
9.1.5.5.    REST OF MIDDLE EAST
9.1.6.    AFRICA
9.1.6.1.    EGYPT
9.1.6.2.    NIGERIA
9.1.6.3.    SOUTH AFRICA
9.1.6.4.    REST OF AFRICA

CHAPTER 10.    COMPETITIVE LANDSCAPE
10.1.    TOP WINNING STRATEGIES
10.1.1.    BY STRATEGY
10.1.2.    BY REGION
10.1.3.    BY YEAR
10.2.    COMPETITIVE HEATMAP
10.3.    PRODUCT BENCHMARKING
10.4.    STRATEGIC BENCHMARKING
10.4.1.    MERGERS & ACQUISITIONS
10.4.2.    STRATEGIC PARTNERSHIPS & COLLABORATIONS

CHAPTER 11.    PLAYER BENCHMARKING
11.1.    ACG
11.1.1.    BUSINESS OVERVIEW
11.1.2.    PRODUCT OFFERINGS
11.1.3.    FINANCIAL OVERVIEW
11.1.4.    STRATEGIC BENCHMARKING
11.1.5.    SWOT ANALYSIS
11.2.    COSMO FILMS LTD.
11.2.1.    BUSINESS OVERVIEW
11.2.2.    PRODUCT OFFERINGS
11.2.3.    FINANCIAL OVERVIEW
11.2.4.    STRATEGIC BENCHMARKING
11.2.5.    SWOT ANALYSIS
11.3.    THE DOW CHEMICAL COMPANY
11.3.1.    BUSINESS OVERVIEW
11.3.2.    PRODUCT OFFERINGS
11.3.3.    FINANCIAL OVERVIEW
11.3.4.    STRATEGIC BENCHMARKING
11.3.5.    SWOT ANALYSIS
11.4.    INNOVIA FILMS
11.4.1.    BUSINESS OVERVIEW
11.4.2.    PRODUCT OFFERINGS
11.4.3.    FINANCIAL OVERVIEW
11.4.4.    STRATEGIC BENCHMARKING
11.4.5.    SWOT ANALYSIS
11.5.    JINDAL POLY FILMS LIMITED
11.5.1.    BUSINESS OVERVIEW
11.5.2.    PRODUCT OFFERINGS
11.5.3.    FINANCIAL OVERVIEW
11.5.4.    STRATEGIC BENCHMARKING
11.5.5.    SWOT ANALYSIS
11.6.    BERRY GLOBAL, INC.
11.6.1.    BUSINESS OVERVIEW
11.6.2.    PRODUCT OFFERINGS
11.6.3.    FINANCIAL OVERVIEW
11.6.4.    STRATEGIC BENCHMARKING
11.6.5.    SWOT ANALYSIS
11.7.    BEMIS COMPANY, INC.
11.7.1.    BUSINESS OVERVIEW
11.7.2.    PRODUCT OFFERINGS
11.7.3.    FINANCIAL OVERVIEW
11.7.4.    STRATEGIC BENCHMARKING
11.7.5.    SWOT ANALYSIS
11.8.    ASAHI KASEI CORPORATION
11.8.1.    BUSINESS OVERVIEW
11.8.2.    PRODUCT OFFERINGS
11.8.3.    FINANCIAL OVERVIEW
11.8.4.    STRATEGIC BENCHMARKING
11.8.5.    SWOT ANALYSIS
11.9.    CONSTANTIA FLEXIBLES GROUP GMBH
11.9.1.    BUSINESS OVERVIEW
11.9.2.    PRODUCT OFFERINGS
11.9.3.    FINANCIAL OVERVIEW
11.9.4.    STRATEGIC BENCHMARKING
11.9.5.    SWOT ANALYSIS
11.10.    COVERIS HOLDINGS S.A.
11.10.1.    BUSINESS OVERVIEW
11.10.2.    PRODUCT OFFERINGS
11.10.3.    FINANCIAL OVERVIEW
11.10.4.    STRATEGIC BENCHMARKING
11.10.5.    SWOT ANALYSIS

CHAPTER 12.    APPENDIX
12.1.    PREMIUM INSIGHTS FROM INDUSTRY EXPERTS
12.2.    RELATED REPORTS