According to a new market research report “South America Cling Film Market” by Component Application, Deployment Mode, Vertical, and Region forecast to 2027 published by Business Market Insights, The cling film market in South America was valued at US$ 167.26 million in 2018 and is projected to reach US$ 245.24 million by 2027; it is expected to grow at a CAGR of 4.4% from 2019 to 2027.
Cling films are more cost-effective and convenient to use than other wrapping materials. These films proffer flexible packaging solutions, as well as boost the shelf life of the products. Cling film is considered to be a financially savvy item to ensure products contrasted with different materials. The shrink bundling products in LDPE cling films minimize the package’s overall size and weight, resulting in lowering the shipping costs. The high strength to weight ratio of cling films proves beneficial to the manufacturers.
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The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include:Anchor Packaging LLC Berry Global Inc. DowDupont Intertape Polymer Group
With COVID-19, the entire workforce has experienced a transition toward remote working, paving a way for South America Cling Film solution and hardware products. The reduced travel time and cost, the importance of involving employees in determining strategic goals, and the rising need for virtual meeting rooms have overall increased the spending of companies on South America Cling Film solutions.
The research on the South America Cling Film market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the South America Cling Film market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
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This report provides:
1) An overview of the market for “South America Cling Film Market and related technologies.
2) Analyses of “South America Cling Film market trends, with data from 2018, estimates for 2019 and 2020, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for “South America Cling Film Market
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
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